Zoomcar Posts $26 Mn Loss On $9 Mn Revenue In FY25

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SUMMARY

The Bengaluru-headquartered company’s net revenue stood at $9.1 Mn during the fiscal year, a decline of 8% from $9.9 Mn in FY24

The Nasdaq-listed company’s adjusted EBITDA loss shrunk 44% to $9.9 Mn in FY25 from $17.9 Mn in the previous fiscal

The company claimed that its user bookings surged 10% YoY to 4.3 Lakh during the year under review from 3.9 Lakh in FY24

Troubled rental car marketplace Zoomcar managed to cut its loss by 25% to $25.6 Mn in FY25 from a loss of $34.3 Mn in the previous year, despite a decrease…



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Zoomcar Posts $26 Mn Loss On $9 Mn Revenue In FY25


SUMMARY

The Bengaluru-headquartered company’s net revenue stood at $9.1 Mn during the fiscal year, a decline of 8% from $9.9 Mn in FY24

The Nasdaq-listed company’s adjusted EBITDA loss shrunk 44% to $9.9 Mn in FY25 from $17.9 Mn in the previous fiscal

The company claimed that its user bookings surged 10% YoY to 4.3 Lakh during the year under review from 3.9 Lakh in FY24

Troubled rental car marketplace Zoomcar managed to cut its loss by 25% to $25.6 Mn in FY25 from a loss of $34.3 Mn in the previous year, despite a decrease…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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