v3.26.1
Unaudited Condensed Consolidated Statements of Operations and Comprehensive (Loss)/Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Total revenues $ 131,168 $ 102,595
Operating cost and expenses    
Integrated service cost (65,234) (48,422)
Promotional service expenses (57,846) (44,725)
Selling expenses (2,635) (6,063)
General and administrative expenses (1,275) (5,420)
Research and development expenses (1,165) (923)
Total operating costs and expenses (128,155) (105,553)
Operating (loss)/income 3,013 (2,958)
Other (expenses)/income    
Financial expenses, net (1,149) (1,029)
Investment income 99 122
Other income, net 45 134
Total other expenses, net (1,005) (773)
(Loss)/income before income tax expense 2,008 (3,731)
Income tax benefit/(expense) (448) 84
Net (loss)/income 1,560 (3,647)
Less: Net (loss)/income attributable to non-controlling interests 832 (245)
Net (loss)/income attributable to the Company’s ordinary shareholders $ 728 $ (3,402)
Net (loss)/income attributable to the Company’s ordinary shareholders per ordinary share    
Basic (in Dollars per share) $ 0.01 $ (0.03)
Diluted (in Dollars per share) $ 0.01 $ (0.03)
Weighted average shares outstanding used in calculating basic and diluted loss per share    
Basic (in Shares) 102,009,359 102,432,043
Diluted (in Shares) 102,009,359 102,432,043
Other comprehensive (loss)/income    
Foreign currency translation difference $ 967 $ (1,203)
Total other comprehensive (loss)/income 967 (1,203)
Total comprehensive (loss)/income 2,527 (4,850)
Less: total comprehensive income attributable to non-controlling interest 1,880 86
Total comprehensive (loss)/income attributable to the SUNCAR TECHNOLOGY GROUP INC’s shareholders 647 (4,936)
Auto eInsurance service    
Revenues 62,337 45,927
Technology service    
Revenues 15,283 10,665
Auto service    
Revenues $ 53,548 $ 46,003