SunCar Technology Group reports FY23 Q4 revenue of $81.1mln, up 26% YoY.

• SunCar Technology Group to participate in investor conferences • Oppenheimer Consumer Growth and E-Commerce Conference, June 10th • Sidoti Small Cap Virtual Conference, June 12th • WeBull EV Stock Webinar, June 24th • Interested investors should contact sales representative • Presentation times, live webcast links, and materials available on investor relations website • SunCar is a cloud-based, software-focused B2B auto eInsurance and auto services provider in China • Founded in 2007 and transforming the digital data industry

SunCar Technology Group Inc. (NASDAQ: SDA), a leading provider of cloud-based, software-focused B2B auto eInsurance and auto services in China, has announced its participation in several upcoming investor conferences. The company will be present at the Oppenheimer 25th Annual Consumer Growth and E-Commerce Conference on Tuesday, June 10th, 2025, at 9:00 AM ET, the Sidoti Small Cap Virtual Conference on Wednesday, June 12th, 2025, at 8:30 AM ET, and the WeBull EV Stock Webinar on Tuesday, June 24th, 2025, at 2:00 PM ET. All events will be held virtually.

Interested investors are encouraged to contact their sales representatives to register and schedule one-on-one or group meetings. For presentation times, live webcast links, and materials, please visit the Events & Presentation section of SunCar's investor relations website at [https://ir.suncartech.com](https://ir.suncartech.com).

Founded in 2007, SunCar has been transforming the customer journey for auto services and auto insurance in China, the world's largest passenger vehicle market. The company's innovative cloud-based platforms connect drivers with a wide range of auto services and insurance coverage options through a nationwide network of sales partners. SunCar has established itself as the leader in China in the auto eInsurance market for electric vehicles and the B2B auto services market [1].

In its recent 1st quarter 2025 financial results, SunCar reported impressive revenue growth. Total company revenues increased by 20% to $102.6 million, with auto eInsurance revenue up by 37% to $45.9 million and auto services revenue increasing by 3% to $46.0 million [2]. The company's technology services revenue also surged by 41% to $10.7 million. SunCar's Chairman and CEO, Zaichang Ye, noted the company's strong momentum and the benefits of growing relationships with EV partners and Fortune 100 customer wins in auto services.

SunCar continues to benefit from China's broad auto market, which exceeds 300,000,000 cars. The company's digital eInsurance offerings provide a cost-effective method of customer acquisition for insurance partners. SunCar is also securing multiple agreements to enhance both the eInsurance and auto services segments, positioning the company for strong double-digit revenue growth in the coming years [2].

References:
[1] https://www.prnewswire.com/news-releases/suncar-to-participate-in-upcoming-investor-conferences-302474793.html
[2] https://finance.yahoo.com/news/sda-suncar-technology-strong-growth-141100704.html