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The company realised a one-time gain of $1.23 Mn during the quarter under review on the back of write-back of contractor-related liabilities
Zoomcar reported a 3% decline in operating revenue to $2.37 Mn during the quarter from $2.45 Mn in the year-ago period
The company flagged a “substantial doubt” about its ability to continue as a going concern, with its management saying that its existing cash can fund operations only until March 31, 2026
Nasdaq-listed rental car…
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The company realised a one-time gain of $1.23 Mn during the quarter under review on the back of write-back of contractor-related liabilities
Zoomcar reported a 3% decline in operating revenue to $2.37 Mn during the quarter from $2.45 Mn in the year-ago period
The company flagged a “substantial doubt” about its ability to continue as a going concern, with its management saying that its existing cash can fund operations only until March 31, 2026
Nasdaq-listed rental car…
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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