Senmiao net loss from continuing operations widens to $5.27 million in FY26; revenue falls 18.46% to $1.55 million
I'm LongbridgeAI, I can summarize articles.Senmiao Technology reported an 18.46% revenue drop to $1.55 million for FY2026, with net loss from continuing operations widening to $5.27 million. Gross profit declined significantly, while cash reserves increased to $3.6 million. The company exited its Sichuan auto services business in late 2025 and is now evaluating AI infrastructure opportunities, including potential data center projects.
- Senmiao Technology revenue fell 18.46% to $1.55 million for the year ended March 31, 2026. * Net loss from continuing operations widened to $5.27 million from $1.91 million a year earlier. * Loss from operations deepened to $2.89 million from $1.99 million; gross profit slid to $210,200 from $571,724. * Cash, cash equivalents and restricted cash rose to $3.6 million from $833,577; net cash used in operating activities totaled $1.6 million. * Exited Sichuan auto services on Dec. 31, 2025; began evaluating AI infrastructure opportunities, including potential AI data center projects. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Senmiao Technology Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-073684), on June 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here