SunCar Technology Group Inc.

Annual Trend FY 2022 FY 2023 FY 2024 FY 2025
Short-term investments $26.5m $21.6m $21.0m $21.6m
Accounts receivable, net $85.6m $56.0m $75.6m $59.8m
Prepaid expenses and other current assets, net $9.3m $64.0m $70.2m $74.1m
Total current assets $145.3m $175.2m $196.3m $183.3m
Long-term investment $290k $282k $274k $286k
Property, software and equipment, net $18.5m $22.5m $27.7m $24.2m
Intangible asset $408k
Right-of-use assets $344k $1.3m $606k $2.2m
Cash $21.2m $30.9m $26.9m $25.0m
Restricted cash $2.7m $2.7m $2.6m $2.8m
Deferred tax assets, net $13.1m $12.0m $10.5m $11.9m
Other non-current assets $14.4m $12.0m $11.5m $30.8m
Short-term borrowings $83.0m $83.6m $80.4m
Long-term borrowing, current $71k
Contract liabilities $3.0m $2.4m $5.7m
Tax payable $2.0m $1.4m $1.4m $1.5m
Accrued expenses and other current liabilities $4.8m $4.8m $5.8m $10.7m
Amount due to related parties, current $45.6m $4.8m $12.5m $13.3m
Operating lease liabilities, current $315k $748k $544k $834k
Operating lease liabilities, non-current $504k $21k $1.3m
Long-term borrowing, non-current $1.4m
Amount due to related parties, non-current $29.7m $45.5m $25.0m
Warrant liabilities $661k $947k $50k
Ordinary shares value $8k $9k $10k $11k
Non-controlling interests $42.1m $51.9m $54.3m $58.1m
Total non-current assets $46.6m $48.0m $50.5m $69.9m
Total non-current liabilities $30.9m $23.7m $15.3m
Total SUNCAR TECHNOLOGY GROUP INC’s shareholders’ equity ($5.3m) $16.1m $11.9m $32.5m
Total shareholders’ equity $36.8m $68.0m $66.2m $90.7m
TOTAL ASSETS $192.0m $223.2m $246.7m $253.2m
Accounts payable $24.2m $26.6m $56.8m $41.4m
Total current liabilities $155.2m $124.4m $156.8m $147.3m
Total liabilities $155.2m $155.2m $180.5m $162.5m
Additional paid in capital $95.8m $144.2m $208.7m $233.0m
Accumulated deficit ($99.6m) ($126.7m) ($195.4m) ($199.3m)
Accumulated other comprehensive loss ($1.5m) ($1.4m) ($1.4m) ($1.1m)
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $192.0m $223.2m $246.7m $253.2m