earnings
confidence high
sentiment positive
materiality 0.65
Senmiao Q1 revenue jumps to $2.3M from $0.4M; turns profitable with $0.2M net income
Senmiao Technology Ltd
2024-Q1 EPS reported
$0.05
revenue$2,341,796
- Revenue from continuing operations $2.3M vs $0.4M YoY; online ride-hailing platform services grew to $1.2M from $0.04M.
- Net income from continuing operations of $0.2M, compared to net loss of $6.2M in prior-year period.
- EPS of $0.05 vs loss per share of $1.02; weighted shares 6.3M vs 5.3M.
- Automobile rental revenue rose to $0.9M from $0.2M on higher leasing volume; SG&A decreased 27.5% to $1.9M.
- Cash and cash equivalents $1.9M; total stockholders' equity $7.7M as of June 30, 2022.