Core Insights - Zoomcar achieved a record contribution profit of $4.25 million, marking a significant turnaround from a loss of $(0.98) million in the previous fiscal year [3][5] - The company reported a sixth consecutive profitable quarter on a contribution basis, indicating strong marketplace fundamentals and improved customer engagement [2][3] Financial Performance - Contribution profit reached an all-time high of $4.25 million, representing 47% of revenue for FY25, compared to a contribution loss of -10% in FY24 [3][16] - Bookings increased by 10% year-over-year, from 387,821 in FY24 to 426,788 in FY25, with a repeat user rate rising by 86% [4] - Cost of revenue decreased by 49%, from $10.33 million in FY24 to $5.30 million in FY25, contributing to a reduction in total costs from $41.57 million to $19.51 million [5] Operational Metrics - Average Guest trip rating improved to 4.70 from 4.16 in the prior year, reflecting enhanced customer experience [6] - High-quality cars (rated 4.5+) increased by 58%, indicating a focus on quality and customer satisfaction [6] Profitability Improvements - Adjusted EBITDA loss improved by 44%, narrowing from $(17.85) million to $(9.91) million [7] - Loss from operations significantly decreased by 205%, from $(31.67) million in FY24 to $(10.40) million in FY25 [7] Strategic Initiatives - Zoomcar launched advanced vehicle inspection and GPS safety protocols to enhance quality and transparency [8] - The company is rolling out new B2B tools for fleet operators and adopting AI-led support to improve platform efficiency [8]

Core Viewpoint - Zoomcar Holdings, Inc. is set to report its financial and operating results for the fiscal year ending March 31, 2025, on June 30, 2025, before market opening [1] Company Overview - Founded in 2013 and headquartered in Bengaluru, Zoomcar is India's leading car-sharing marketplace, focusing on redefining urban mobility through technology and community [4] - The company connects hosts with guests, providing flexible and affordable access to cars while promoting sustainable and efficient transportation across India [4] Upcoming Events - Company management will host a live Zoom Webinar on June 30, 2025, at 8:00 am Eastern Time to discuss financial results and corporate updates [2] - A link to the webinar will be available on the company's investor relations website prior to the event, and a replay will be accessible afterward [2] Investor Engagement - Investors and analysts can submit questions to management via email by 10:00 am ET on June 27, 2025 [3]

Core Insights - The partnership between Zoomcar and Wego aims to provide seamless access to self-drive rentals for travelers in India, addressing the current challenges in global tourism such as rising airfares and tariff tensions [1][2][4] - The collaboration is timely as travelers are increasingly seeking cost-effective and flexible travel options, with India emerging as a high-value destination due to its expanding infrastructure and favorable exchange rates [2][4] Company Overview - Zoomcar, founded in 2013 and headquartered in Bengaluru, India, is a leading marketplace for self-drive car sharing, promoting sustainable transportation solutions [6] - Wego, established in 2005, is the number one travel app in the MENA region, providing a platform for travelers to compare and book travel products efficiently [7][10] Market Trends - There is a significant shift in travel preferences, with a reported 40% year-over-year increase in travel interest from GCC countries to India, driven by family travel, medical tourism, and the digital nomad movement [3] - Travelers are increasingly valuing autonomy and privacy, leading to a rise in self-drive rentals for longer itineraries during vacations and long weekends [3][4] Partnership Benefits - The partnership allows Wego users to book from over 25,000 self-drive cars across 99 cities in India, enhancing the travel experience by providing greater convenience and control [9] - This collaboration supports the mission of both companies to improve the traveler's journey from flight and accommodation to local mobility [4]

Core Points - Zoomcar Holdings, Inc. is transitioning its common shares and warrants from Nasdaq Global Markets to OTCQX Best Market and OTCQB Venture Market, respectively, under the ticker symbols "ZCAR" and "ZCARW" [1] - The transition to OTCQX is expected to ensure continuity in trading and support Zoomcar's mission of providing affordable and flexible transportation solutions [2] - Zoomcar aims to list on a national exchange in the U.S. later this year [2] Company Overview - Founded in 2013 and headquartered in Bengaluru, India, Zoomcar is a leading marketplace for self-drive car sharing in India [3] - The platform connects Hosts with Guests, offering a selection of cars at affordable prices, promoting sustainable transportation solutions [3]

Core Insights - Zoomcar Holdings, Inc. has launched Zoomcar Vouchers to allow users to prepay for future trips, aiming to enhance user retention and encourage repeat bookings [1][2] - The company reports a doubling of the repeat booking rate, with repeat user bookings now surpassing those from new users [1] - CEO Hiroshi Nishijima emphasizes the importance of building trust and long-term relationships with customers to ensure sustainable business growth [2] Company Overview - Founded in 2013 and headquartered in Bengaluru, India, Zoomcar is a leading marketplace for car sharing, connecting Hosts with Guests for affordable car rentals [3] - The company focuses on promoting sustainable transportation solutions within India [3] Business Strategy - The introduction of Zoomcar Vouchers is part of a strategy to provide users with greater flexibility in travel planning and to deepen customer relationships [2] - The company remains unaffected by US tariffs due to its India-first operating model and commitment to domestic mobility solutions [2] - Zoomcar is optimistic about its growth plans for Fiscal 2025 and beyond, positioning itself to capture opportunities in the Indian car-sharing market [2]

Core Insights - Zoomcar Holdings, Inc. has appointed Uri Levine, co-founder of Waze and Moovit, as Chairman of its Board of Directors, effective March 31, 2025, indicating a strategic focus on rapid expansion in the mobility sector [1][2][3] - Levine's extensive experience in mobility technology and user-centric strategies is expected to enhance Zoomcar's growth trajectory, particularly in the Indian market [2][3][4] Company Overview - Zoomcar, founded in 2013 and headquartered in Bengaluru, India, is a leading marketplace for self-drive car sharing, connecting Hosts with Guests for affordable car rentals [6] - The company aims to promote sustainable and smart transportation solutions in India, capitalizing on the increasing demand for flexible mobility options [3][4] Leadership Transition - Mohan Ananda, the current Chairman, will transition to Chairman Emeritus while remaining an active board member, ensuring continuity in leadership [1][3] - Uri Levine's role will include strategic oversight and mentorship, focusing on driving growth initiatives and enhancing user experience [4] Market Potential - The appointment of Levine is anticipated to strengthen Zoomcar's strategic direction and operational optimization, allowing the company to capture the vast potential of the Indian market [3][4] - Levine's previous successes with Waze and Moovit, which have millions of active users globally, highlight his capability to scale innovative mobility solutions [5]

Core Viewpoint - Zoomcar Holdings, Inc. announced a reverse stock split at a ratio of 1-for-20 to increase the per share trading price and attract institutional investors while maintaining compliance with Nasdaq listing requirements [1][4]. Group 1: Reverse Stock Split Details - The reverse stock split will take effect on March 21, 2025, with trading on a split-adjusted basis starting March 24, 2025 [1]. - The number of issued and outstanding shares will decrease from approximately 14,208,606 to about 710,431 shares [3]. - The par value per share will remain unchanged, and adjustments will be made to stock options and equity incentive plans accordingly [3]. Group 2: Approval Process - Stockholders approved the reverse stock split proposal at a special meeting on February 18, 2025, with the final ratio determined by the Board of Directors [2]. - The Board approved the 1-for-20 reverse stock split on March 9, 2025 [2]. Group 3: Company Overview - Zoomcar, founded in 2013 and headquartered in Bengaluru, India, is a leading marketplace for self-drive car sharing, promoting sustainable transportation solutions [6].

Core Insights - The interviews with Hiroshi Nishijima, CEO of Zoomcar, highlight the company's transformation from an asset-heavy model to a leading car-sharing marketplace in India [2][3] - Nishijima emphasizes the role of technology and AI in shaping the future of Zoomcar, focusing on supply growth and strong unit economics for profitability [2] - The discussions also cover the strategic priorities for growth and the evolving landscape of mobility and technology, positioning Zoomcar favorably in this context [3] Company Overview - Zoomcar, founded in 2013 and headquartered in Bengaluru, India, is a prominent marketplace for car sharing, connecting Hosts with Guests for affordable transportation solutions [4]

Industry Overview - The transportation landscape in India is evolving with peer-to-peer car sharing models transforming the future of mobility, making self-drive accessible without the need for large fleets [1] - The "asset-light model" is considered game-changing for the mobility market in India, enabling sustainable and cost-efficient transportation options [1] Company Insights - Zoomcar Holdings, Inc. is a leading marketplace for self-drive car sharing, allowing vehicle owners to connect with users seeking rental vehicles, similar to the Airbnb model [2] - The asset-light strategy employed by Zoomcar minimizes capital expenditures, allowing for organic growth in supply while optimizing operational costs and enhancing sustainability [2] - Founded in 2013 and headquartered in Bengaluru, India, Zoomcar promotes sustainable and smart transportation solutions by connecting Hosts with Guests for affordable car rentals [3]

Financial Data and Key Metrics Changes - The company achieved a 19% year-over-year growth in bookings, totaling 103,599 bookings for the quarter ended 12/31/2024 [18] - Revenue increased by 1% from $2,420,000 to approximately $2,450,000, while contribution profit rose significantly from $210,000 to about $1,280,000, marking the fifth consecutive quarter of positive contribution profit [19][20] - Adjusted EBITDA loss improved from $10,170,000 to a loss of $3,150,000, and loss from operations improved from $11,680,000 to a loss of $3,240,000 [20] Business Line Data and Key Metrics Changes - The number of active high-quality cars increased from 5,830 to 7,247, and the average guest trip rating improved from 4.16 to 4.7 [19] - The percentage of repeat users doubled from 6% to 12% during the quarter [13] Market Data and Key Metrics Changes - The company operates in a market where only one in ten households can afford vehicles, indicating a significant opportunity for growth in car sharing [11] - Digital penetration is high in India, with over 1 billion mobile phones connected to the Internet, which supports the potential for car sharing services [11] Company Strategy and Development Direction - The company is focused on enhancing customer experience for both guests and hosts, which is expected to drive growth and improve cash flows through cost optimization and debt restructuring [26][28] - Initiatives include increasing supply through partnerships and improving customer support capacity, which are critical for driving bookings and retention [13][27] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand for car sharing services in India and the company's ability to optimize costs while improving customer experience [4][10] - The company is committed to addressing compliance issues with Nasdaq and is making significant progress towards regaining compliance [25] Other Important Information - The company raised a total of $15 million in funding between November and December 2024, with an additional $3 million raised in January 2025 [15][22] - The company is exploring various options for debt restructuring to reduce the burden on its balance sheet and improve financial sustainability [23][16] Q&A Session Summary Question: Can you please provide more details about the fundraising process and debt restructuring? - The company raised $15 million in late 2024 and an additional $3 million in January 2025, with plans to continue raising funds to support growth initiatives and pay down restructured debt [22][23] Question: Please provide us with an update on your NASDAQ listing status. - The company is working to regain compliance with Nasdaq rules and has received notification to transition to Nasdaq Capital Markets by 02/19/2025 [25] Question: What are management's near-term priorities for the business? - Management is prioritizing growth by improving customer experience and increasing supply, which will drive bookings and revenue while optimizing costs [26][28]