SunCar Technology Group (SDA) Revenue Growth

Price: $3.41
Market Cap: $370.38M
Avg Volume: 529.53K
Country: CN
Industry: Auto - Dealerships
Sector: Consumer Cyclical
Beta: 0.162
52W Range: $3.27-11.74
Website: SunCar Technology Group

What is SunCar Technology Group's Revenue Growth?

  • SunCar Technology Group's annual revenue growth as of FY 2023 is 28.80%.
  • SunCar Technology Group's quarterly revenue growth as of Q3 2024 is 7.96%.

What is Revenue Growth?

Revenue growth is the increase in a company's sales over a specific period. It's a crucial metric for evaluating a company's financial health and its ability to expand its market presence and generate higher sales.

Related Metrics

Other important metrics to assess SunCar Technology Group's financial performance include:

  • Revenue - the total revenue generated by a company:
    • Annual: $363.75M
    • Quarterly: $109.62M
  • Cost of Revenue - the total cost of producing the goods or services sold by a company:
    • Annual: $322.06M
    • Quarterly: $51.22M
  • Cost of Revenue Growth - the rate at which a company's cost of revenue is growing:
    • Annual Growth: 38.64%
    • Quarterly Growth: -42.69%
  • Gross Profit - the difference between revenue and the cost of revenue:
    • Annual: $41.69M
    • Quarterly: $58.40M
  • Gross Profit Growth - the rate at which a company's gross profit is growing:
    • Annual Growth: -16.82%
    • Quarterly Growth: 380.07%

These metrics provide insights into SunCar Technology Group's financial health and its ability to generate revenue efficiently. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Revenue Growth

28.80%

Quarterly Revenue Growth

7.96%

Historical Annual Revenue Growth
28.80%28.80%23.04%23.04%17.28%17.28%11.52%11.52%5.76%5.76%0.00%0.00%Revenue Growth (Annual)Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Quarterly Revenue Growth
28.23%28.23%22.46%22.46%16.69%16.69%10.92%10.92%5.14%5.14%-0.63%-0.63%Revenue Growth (Quarterly)Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '24
Historical Annual Revenue
$450.00M$450.00M$360.00M$360.00M$270.00M$270.00M$180.00M$180.00M$90.00M$90.00M$0.00$0.00Revenue (Annual)Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Quarterly Revenue
$120.00M$120.00M$90.00M$90.00M$60.00M$60.00M$30.00M$30.00M$0.00$0.00Revenue (Quarterly)Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '24
Historical Annual Cost of Revenue
$400.00M$400.00M$320.00M$320.00M$240.00M$240.00M$160.00M$160.00M$80.00M$80.00M$0.00$0.00Cost of Revenue (Annual)Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Quarterly Cost of Revenue
$100.00M$100.00M$80.00M$80.00M$60.00M$60.00M$40.00M$40.00M$20.00M$20.00M$0.00$0.00Cost of Revenue (Quarterly)Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '24
Historical Annual Gross Profit
$60.00M$60.00M$50.00M$50.00M$40.00M$40.00M$30.00M$30.00M$20.00M$20.00M$10.00M$10.00M$0.00$0.00Gross Profit (Annual)Jul '20Jul '2020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024
Historical Quarterly Gross Profit
$60.00M$60.00M$50.00M$50.00M$40.00M$40.00M$30.00M$30.00M$20.00M$20.00M$10.00M$10.00M$0.00$0.00Gross Profit (Quarterly)Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '24

SunCar Technology Group Historical Revenue Growth Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Revenue Revenue Growth Cost of Revenue Cost of Revenue Growth Gross Profit Gross Profit Growth
2023 $363.75M 28.80% $322.06M 38.64% $41.69M -16.82%
2022 $282.41M 13.31% $232.29M 9.53% $50.12M 34.87%
2021 $249.24M 4.32% $212.07M 0.30% $37.16M 35.24%
2020 $238.93M 0.00% $211.45M 0.00% $27.48M 0.00%
2020 $- 0.00% $- 0.00% $- 0.00%

Related Metrics

Explore detailed financial metrics and analysis for SDA.