NasdaqCM:SDAConsumer Services
SunCar Technology Group (NasdaqCM:SDA) Losses Accelerate 70.1% Annually Despite Growth Narrative
SunCar Technology Group (SDA) posted another year of widening losses, with annual net losses accelerating at an average rate of 70.1% over the last five years. Still, the company’s forecasts show rapid change ahead: analysts expect earnings to leap by 95.83% per year, turning profitable within three years, and anticipate sales expanding at 18.8% annually, nearly double the US market’s 10.1% pace. With rewards flagged and no risks identified in the current review period, bullish investors may...