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SunCar Technology Group (SDA)
NASDAQ:SDA
RESEARCH TOOLSreports
Earnings Data
Report Date
Sep 25, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.03Last Year’s EPS
0.01Same Quarter Last Year
Moderate Buy
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 28, 2025
|% Change Since: -0.38%
|Next Earnings Date:Sep 25, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant revenue growth and strategic partnerships, particularly in the auto insurance and technology services segments, driven by strong market demand and product innovation. However, the increase in operating costs, particularly due to share-based compensation, presents a challenge. Overall, the achievements in revenue and partnerships outweigh the cost challenges.Company Guidance
During SunCar Technologies' full year 2024 earnings call, the company highlighted several key metrics demonstrating its robust performance and strategic direction. SunCar reported a total revenue of $441.9 million for 2024, marking a 21.5% increase from $363.7 million in 2023, with a notable 44.4% rise in auto insurance revenue to $170.5 million. The company's technology services revenue surged by 46.4% to $44.9 million, and auto services revenue grew by 5.3% to $226.5 million. Despite increased operating costs and expenses totaling $500.3 million, SunCar achieved an impressive 492% growth in adjusted EBITDA to $9.8 million. This growth underscores the effectiveness of SunCar's partnerships and its strategic focus on digitalization in China's automotive market. Looking ahead, SunCar plans to issue guidance with its first-quarter 2025 earnings release, contingent on market conditions and board approval.Record Revenue and Growth
SunCar reported a total revenue of $441.9 million for the full year 2024, marking a 21.5% increase from 2023. Adjusted EBITDA increased by 492% to $9.8 million from $1.6 million in 2023.
Strong Auto Insurance Segment Performance
Auto insurance revenue increased by 44.4% to $170.5 million, driven by strong partnerships with automakers and an increase in insurance policy sales.
Expansion of Technology Services
Technology services revenue grew by 46.4% to $44.9 million, reflecting strong demand for SunCar's software and services.
Strategic Partnerships and New Products
SunCar expanded its partnership with Tesla to 48 cities and developed customized insurance products for Xiaomi and Zeekr, driving significant growth.
AI and Software Development Advancements
Investment in AI technology and software has resulted in significant ROI, enhancing customer engagement and operational efficiency.
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SDA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SDA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 28, 2025 | $2.60 | $2.72 | +4.62% |
| Sep 16, 2024 | $9.82 | $9.00 | -8.35% |
| Apr 29, 2024 | $7.63 | $8.30 | +8.78% |
| Sep 28, 2023 | $10.52 | $10.59 | +0.67% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does SunCar Technology Group (SDA) report earnings?
SunCar Technology Group (SDA) is schdueled to report earning on Sep 25, 2025, TBA Not Confirmed.
What is SunCar Technology Group (SDA) earnings time?
SunCar Technology Group (SDA) earnings time is at Sep 25, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SDA EPS forecast?
SDA EPS forecast for the fiscal quarter 2025 (Q2) is -0.03.
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