Senmiao Technology Reports Fiscal 2022 First Quarter 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, Aug. 16, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced financial results for its fiscal 2022 first quarter ended June 30, 2021.Fiscal 2022 First Quarter Financial and Operating HighlightsTotal revenues of $1.9 million, an increase of approximately 61% from $1.1 million in the prior-year period, primarily as a result of increased operating lease revenues from automobile rentals as Senmiao has shifted its focus to this business in direct response to the COVID-19 pandemic. Net loss from continuing operations of $7.4 million, compared with $2.3 million from the prior-year period, primarily due to increased cost of revenue, operating expenses and other expense related to the development and services provided on Senmiao's new online ride-hailing platform. Fro
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- 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