Zoomcar (ZCAR) investor relations material

Executive summary

• Achieved record contribution profit of $1.65 million, up 45% year-over-year, with 11 consecutive quarters of positive contribution profit.

• Contribution margin expanded to 70% of net revenue, a 2,100 basis point increase from prior year.

• Adjusted EBITDA loss narrowed by 65% to $0.61 million, the lowest in company history.

• Loss from operations halved to $0.88 million, or $0.63 million excluding non-cash RSUs.

• Bookings declined 16% to 88,160, reflecting a deliberate shift to higher-value, longer trips and margin optimization.

Financial highlights

• Net revenue grew 2% year-over-year to $2.35 million, with underlying rupee growth at approximately 10%.

• Contribution profit per booking increased 72% to $18.75.

• Cost of revenue fell 38% to $0.81 million, boosting gross profit margin to 65%.

• Gross profit increased 54% on flat reported revenue.

• Value per booking rose 7% to $66.

Outlook and guidance

• Actively raising growth capital through a private placement bridge round, with $1.8 million raised to date.

• Plans to uplist to a premier U.S. national securities exchange by year-end, subject to requirements.

• Debt restructuring underway to reduce finance costs and move toward positive net worth.

• Management expects continued net losses and significant cash outflows from operations for at least the next 12 months.

• There is substantial doubt about the company's ability to continue as a going concern without additional funding.