---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-090215"
form_type: "8-K"
ticker: "AIHS"
cik: "0001711012"
company_name: "Senmiao Technology Ltd"
filed_at: "2021-07-08T23:59:59+00:00"
generated_at: "2026-06-30T06:38:58.294411+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Senmiao Tech reports FY2021 revenue of $6.2M, down 60% YoY; net loss $12.6M

## Summary
- Total revenues $6.2M vs $15.7M prior year; decline due to COVID-19 impact on ride-hailing industry.
- Net loss from continuing ops $12.6M vs $4.3M prior year; loss per share $0.26.
- Launched own ride-hailing platform Oct 2020; 4.4M rides completed through March 31, 2021.
- Operating lease revenues up 163% to $3.4M as company shifted focus to rentals.
- Raised $6.5M gross proceeds from registered direct offering of 5.5M shares at $1.175/share.

## SEC filing metadata
- accession: 0001104659-21-090215
- form_type: 8-K
- ticker: AIHS
- cik: 0001711012
- company_name: Senmiao Technology Ltd
- filed_at: 2021-07-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1711012/000110465921090215/0001104659-21-090215-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1711012/000110465921090215/tm2121717d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-090215
- JSON: https://secwatch.observer/filing/0001104659-21-090215.json
- Plain text: https://secwatch.observer/filing/0001104659-21-090215.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.