---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-080405"
form_type: "8-K"
ticker: "AIHS"
cik: "0001711012"
company_name: "Senmiao Technology Ltd"
filed_at: "2023-07-12T23:59:59+00:00"
generated_at: "2026-06-13T09:31:28.557957+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Senmiao Technology FY2023 revenue up 64.5% to $8.1M; net loss narrows to $3.8M

## Summary
- Total revenues of $8.1M from continuing operations, up 64.5% from $4.9M prior year.
- Net loss from continuing operations improved to $3.8M from $5.6M; loss per diluted share $0.43 vs $1.66.
- Gross profit of $1.5M, reversing a gross loss of $2.1M in the prior year.
- Operating lease revenues doubled to $3.5M; ride-hailing platform revenues up 39.2% to $3.7M.
- Launched in Oct 2020, platform facilitated ~29.6M rides with $95.6M in fares through March 2023; operates in 26 cities.

## SEC filing metadata
- accession: 0001104659-23-080405
- form_type: 8-K
- ticker: AIHS
- cik: 0001711012
- company_name: Senmiao Technology Ltd
- filed_at: 2023-07-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1711012/000110465923080405/0001104659-23-080405-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1711012/000110465923080405/tm2321172d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-080405
- JSON: https://secwatch.observer/filing/0001104659-23-080405.json
- Plain text: https://secwatch.observer/filing/0001104659-23-080405.txt

## Key facts
- Earnings Releases
  Senmiao Technology Ltd reported financial results for the fiscal year ended March 31, 2023.
  - Period: the fiscal year ended March 31, 2023
  - Result: reported results
  source text: Senmiao Technology Limited (“Senmiao”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced financial results for the fiscal year ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1711012/000110465923080405/0001104659-23-080405-index.htm

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