Core Insights - Zoomcar Holdings, Inc. has announced a strategic partnership with CARS24 to enhance vehicle inspection and tracking standards in the self-drive car-sharing market in India [1][6] - The collaboration aims to improve transparency, safety, and guest satisfaction by implementing Pre-Delivery Inspections (PDIs) and GPS tracking on host vehicles [2][5] Group 1: Partnership Details - CARS24 will conduct comprehensive quality checks on vehicles, covering mechanical, electrical, and safety systems, ensuring that only 'verified' vehicles are listed on Zoomcar's platform [4][6] - The pilot program will initially focus on host vehicles in Delhi, with plans for expansion based on the pilot's success [2] Group 2: Market Context - The self-drive rental market in India is experiencing high demand, with a significant volume of monthly bookings, necessitating improved quality standards to minimize operational disruptions [3][6] - Zoomcar has onboarded over 25,000 cars to date, indicating a growing pool of hosts and a commitment to enhancing asset quality across its platform [6] Group 3: Company Background - Zoomcar, founded in 2013, is India's leading peer-to-peer car-sharing marketplace, operating in over 90 cities and promoting sustainable urban mobility [7] - CARS24, established in 2015, is one of India's largest auto-tech companies, aiming for significant growth in the coming years [10]

Financial Data and Key Metrics Changes - The company reported a contribution profit of USD 4.25 million for the fiscal year ending March 31, 2025, compared to a loss of USD 0.98 million in the previous fiscal year, marking the sixth consecutive quarter of positive contribution profit [4][12] - Bookings grew by 10% year over year, with total bookings reaching approximately 427,000 for the fiscal year ending March 31, 2025, up from 388,000 in the previous year [11] - Gross booking value decreased to USD 25.28 million from USD 26.72 million year over year, while revenues fell to USD 9.11 million from USD 9.99 million [12] - The loss from operations declined significantly by 67% to USD 10.4 million from USD 37.32 million in the prior fiscal year [12] - Adjusted EBITDA loss narrowed to USD 9.91 million from USD 17.85 million year over year, indicating improved operational efficiency [13][14] Business Line Data and Key Metrics Changes - The repeat user rate increased by 86% year over year, with 13% of users booking more than once, up from 7% in the previous fiscal year [5][7] - High-quality host retention improved to 49% from 31% year over year, indicating stronger platform loyalty [5][6] Market Data and Key Metrics Changes - The company is focusing on expanding high-quality supply to meet growing demand in the Indian mobility market, which is experiencing a cultural shift towards access rather than ownership of vehicles [20][27] Company Strategy and Development Direction - The company aims to improve customer experience, drive retention, and achieve revenue growth and profitability through operational efficiencies and cost control [6][15] - Future growth strategies include scaling the business model through higher quality supply, smarter demand generation, and deeper platform trust [15][16] - The management is actively exploring strategic mergers and acquisitions to consolidate leadership in the Indian mobility market [29][30] Management Comments on Operating Environment and Future Outlook - The CEO expressed confidence in the company's growth potential, citing a cultural shift in India towards experiential mobility rather than ownership [20][21] - The management emphasized the importance of sustainable growth and long-term value creation as key priorities moving forward [28] Other Important Information - The company successfully raised USD 16.5 million in gross proceeds through private placements, which are being used for debt repayment and business growth [10][22] - The company is in discussions for relisting and considers it a key priority [25] Q&A Session Summary Question: What propelled you to join Zoomcar as the CEO? - The CEO highlighted his long-standing relationship with Zoomcar and belief in its mission to provide access to personal mobility in India [19][21] Question: Can you provide more details about the fundraising progress and debt restructuring? - The CFO detailed the fundraising efforts and the strategic use of proceeds for debt repayment and business growth, along with ongoing discussions for debt restructuring [22][23] Question: What is the update on your listing status and future relisting plans? - The CEO confirmed that relisting remains a key focus and is dependent on market conditions and regulatory approvals [25] Question: What are management's top priorities for the near term? - The CEO outlined priorities including expanding high-quality supply, improving customer engagement, and driving profitability [27][28] Question: Is Zoomcar exploring any strategic M&A opportunities or partnerships? - The CEO confirmed active exploration of strategic options for consolidation in the mobility market, focusing on long-term alignment and efficiency [29][30]

Financial Data and Key Metrics Changes - The company reported a contribution profit of USD 4.25 million for the fiscal year ending March 31, 2025, compared to a loss of USD 0.98 million in the previous fiscal year, marking the sixth consecutive quarter of positive contribution profit [4][12] - Bookings grew by 10% year over year, with total bookings reaching approximately 427,000 for the fiscal year ending March 31, 2025, up from 388,000 in the previous year [11] - Gross booking value decreased to USD 25.28 million from USD 26.72 million year over year, while revenues fell to USD 9.11 million from USD 9.99 million [12] - Loss from operations declined significantly by 67% to USD 10.4 million from USD 37.32 million in the prior fiscal year [12] - Adjusted EBITDA loss narrowed to USD 9.91 million from USD 17.85 million year over year [13] Business Line Data and Key Metrics Changes - The repeat user rate increased by 86% year over year, with 13% of users booking more than once, up from 7% in the previous fiscal year [5][7] - High-quality host retention improved to 49% from 31% year over year, indicating stronger platform loyalty [5] Market Data and Key Metrics Changes - The company is focusing on expanding high-quality supply to meet growing demand in the Indian mobility market, which is experiencing a cultural shift towards access rather than ownership of vehicles [20] Company Strategy and Development Direction - The company aims to improve customer experience, drive retention, and achieve revenue growth and profitability through operational efficiencies and cost control [6][15] - Future growth will focus on scaling the business model through higher quality supply, smarter demand generation, and deeper platform trust [15][16] - The management is actively exploring strategic mergers and acquisitions to consolidate leadership in the Indian mobility market [29][30] Management's Comments on Operating Environment and Future Outlook - The CEO expressed confidence in the growth potential of the company, highlighting the cultural shift in India towards experiential mobility rather than ownership [20] - The management is optimistic about the company's path to profitability and plans to continue pursuing additional fundraising and debt restructuring to support growth [10][22] Other Important Information - The company successfully raised USD 16.5 million in gross proceeds through private placements, which are being used for debt repayment and business growth [9][10] - The company is in discussions for relisting and prioritizes this as a key focus area [25] Q&A Session Summary Question: What propelled you to join Zoomcar as the CEO? - The CEO has known Zoomcar since its inception and believes in its mission to provide access to personal mobility in India, seeing significant growth potential in the market [19][21] Question: Can you provide more details about the fundraising progress and debt restructuring? - The CFO detailed the gross amount raised and its use for debt repayment and business growth, along with ongoing discussions for further debt restructuring [22][23] Question: What are management's top priorities for the near term? - The CEO outlined priorities including expanding high-quality supply, improving customer engagement, and driving profitability through cost discipline [26][28] Question: Is Zoomcar exploring any strategic M&A opportunities or partnerships? - The CEO confirmed active exploration of strategic options for consolidation in the mobility space, focusing on long-term alignment and platform efficiency [29][30]

Financial Performance - Zoomcar recorded a Contribution Profit of $425 million for the year ended March 31, 2025, compared to a loss of $098 million in the previous year[8] - The company's Contribution Profit as a percentage of Revenue was 47% in FY 2025, a significant improvement from -10% in FY 2024[19, 25] - Zoomcar's Loss from Operations improved by 67%, from -$3167 million in FY 2024 to -$1040 million in FY 2025[19] - Adjusted EBITDA improved by 44%, from -$1785 million in FY 2024 to -$991 million in FY 2025[19, 27] Operational Metrics - Total Bookings increased by 10%, from 387,821 in FY 2024 to 426,788 in FY 2025[10, 19, 27] - Repeat users increased to 13% in FY 2025, compared to 7% in FY 2024[10, 27] - The share of high-quality hosts (with a rating of 45 or higher) increased to 49% in September 2024, compared to 31% in FY 2024[9, 27] - Gross Booking Value (GBV) decreased by 5%, from $2672 million in FY 2024 to $2528 million in FY 2025[19] Fundraising and Debt Restructuring - Zoomcar raised $165 million in Fiscal Year ending March 31, 2025, primarily used for debt repayment and funding growth[16] - The company is in the process of raising additional capital in Fiscal Year ending March 31, 2026, and continues to restructure existing debt to reduce the burden on the balance sheet[16]

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 Insights - Zoomcar Holdings, Inc. has appointed Mr. Deepankar Tiwari as the new Chief Executive Officer effective May 9, 2025, aiming to enhance its market presence and user experience [1][3] 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 [4] Leadership Background - Mr. Tiwari has over 25 years of experience in the automotive and mobility sectors, including over two decades at Tata Group and leadership roles at Uber Technologies [2] - His previous advisory role at Zoomcar since 2019 and board observer position since February 2025 provide him with familiarity with the company [2] Strategic Goals - Under Mr. Tiwari's leadership, Zoomcar aims to deepen its presence in emerging markets, enhance platform efficiencies, and reinforce its position in peer-to-peer car sharing [3]

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]