Senmiao Technology Reports Fiscal 2024 Second 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, Nov. 14, 2023 /PRNewswire/ -- 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 its fiscal 2024 second quarter ended September 30, 2023.Fiscal 2024 Second Quarter Financial and Operating HighlightsTotal revenues of $1.8 million, compared to $2.2 million in the prior-year period, primarily due to decreased revenues from online ride-hailing platform services as a result of fewer completed orders due to increased competition and compliance checks conducted by a partner platform in Guangzhou.Loss from operations narrowed to $1.3 million, from $1.6 million in the prior-year period due to increased gross profit and decreased operating expenses.Net loss was $1.21 million, compared to $1.18 million in the prior-year period.From October 23, 2020, the date Senmiao launched its online ride
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News
- Senmiao Technology Limited Closes $2.8 Million Registered Direct Offering [Yahoo! Finance]Yahoo! Finance
- Senmiao Technology Limited Closes $2.8 Million Registered Direct OfferingGlobeNewswire
- Senmiao Technology Announces $2.8 Million Registered Direct Offering [Yahoo! Finance]Yahoo! Finance
- Senmiao Technology Announces $2.8 Million Registered Direct OfferingGlobeNewswire
AIHS
Sec Filings
- 12/8/25 - Form 8-K
- 11/26/25 - Form 8-K
- 11/21/25 - Form 8-K
- AIHS's page on the SEC website