Senmiao Technology Reports Fiscal 2021 Year-end Financial Results
Senmiao Technology Limited (AIHS)
US:NASDAQ Investor Relations:
prnewswire.com/news-releases/senmiao-technology-limited-announces-pricing-of-us120-million-firm-commitment-initial-public-offering-300615172.html
Company Research
Source: PR Newswire
CHENGDU, China, July 8, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao" or the "Company") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China and an operator of its own online ride-sharing platform, today announced financial results for the fiscal year ended March 31, 2021.Fiscal 2021 Financial and Operating HighlightsTotal revenues of $6.2 million, compared to $15.7 million in the prior fiscal year, primarily as a result of fewer newly facilitated automobile purchases and automobiles sold due to the adverse effects of the COVID-19 pandemic on online ride-hailing and the greater transportation industry as public travel restrictions were instituted Significant decrease in revenues from automobile sales was offset by a $2.1 million increase in operating lease revenues from automobile rentals as Senmiao shifted its focus to this business in direct response to the pandemic, as well as $0.9 million in revenues from its online ri
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News
- Senmiao Technology Regains Compliance with Nasdaq Minimum Bid Price Listing Requirement [Yahoo! Finance]Yahoo! Finance
- Senmiao Technology Regains Compliance with Nasdaq Minimum Bid Price Listing RequirementPR Newswire
- Hut 8, Iris Energy among financial movers [Seeking Alpha]Seeking Alpha
- Senmiao Technology Announces Signing of Cooperation Agreement for AI-driven Application Development [Yahoo! Finance]Yahoo! Finance
- Senmiao Technology Announces Signing of Cooperation Agreement for AI-driven Application DevelopmentPR Newswire
AIHS
Sec Filings
- 3/28/24 - Form 8-K
- 3/7/24 - Form DEF
- 2/9/24 - Form 10-Q
- AIHS's page on the SEC website