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]

Company Overview - Zoomcar is a leading marketplace for self-drive car sharing, founded in 2013 and headquartered in Bengaluru, India [4] - The company connects Hosts with Guests, offering a selection of cars for affordable use, promoting sustainable transportation solutions in India [4] Upcoming Stockholder Meeting - Zoomcar will hold a Stockholder Meeting on February 18, 2025, starting at 12:00 PM EST, which will be conducted virtually [1] - Stockholders as of December 30, 2024, are entitled to participate and are encouraged to exercise their voting rights [2] - Voting can be done prior to the meeting via www.proxyvote.com or during the meeting through a virtual platform [2]

Earnings Announcement and Webinar - Zoomcar Holdings Inc plans to report its financial and operating results for the third quarter ending December 31 2024 before markets open on February 14 2025 [1] - The company will host a live Zoom Webinar at 8 00 am Eastern Time on February 14 2025 to discuss financial results and provide corporate updates [2] - A replay of the webinar along with the earnings press release will be available on the company's investor relations website [2] - Investors and analysts can submit questions to management by email by 10 00 am ET on February 10 2025 [3] Company Overview - Zoomcar is a leading marketplace for car sharing focused in India founded in 2013 and headquartered in Bengaluru [4] - The company connects Hosts with Guests who choose from a selection of cars for use at affordable prices promoting sustainable smart transportation solutions in India [4]

Group 1 - Zoomcar Holdings, Inc. is a leading marketplace for self-drive car sharing, listed on NASDAQ under the ticker ZCAR [1][3] - The CEO, Hiroshi Nishijima, will present a corporate overview at the Dealflow Events MicroCap Conference 2025, scheduled from January 28 to 30, 2025 [1][2] - The presentation will take place on January 30 at 9:30 AM ET, with opportunities for one-on-one meetings with registered investors [2] Group 2 - Zoomcar was founded in 2013 and is headquartered in Bengaluru, India, focusing on car sharing solutions [3] - The platform connects Hosts with Guests, offering a selection of cars at affordable prices, promoting sustainable transportation in India [3]

Core Insights - Zoomcar Holdings, Inc. achieved its highest-ever unaudited contribution profit of $494,506 in December 2024, covering operational costs in India, indicating strong operational performance and commitment to sustainable growth [1][2] - There was a 17% increase in bookings in December 2024 compared to December 2023, reflecting growing consumer demand and the appeal of Zoomcar's platform [2] - The company reported a significant financial turnaround, with a contribution profit of $0.46 million (20%) in the first fiscal quarter of 2024-25, up from a loss of $1.2 million (-45%) in the same quarter of the previous year [5] - In the second fiscal quarter of 2024-25, Zoomcar recorded a contribution profit of $1.21 million (54% of revenue), a notable improvement from a loss of $0.12 million (-5%) in the prior year [5] Financial Performance - December 2024 marked a record monthly contribution profit, continuing a trend of four consecutive quarters of improvement in contribution profits [5] - The company emphasizes a focus on customer experience, which has driven repeat bookings and strengthened host retention while minimizing marketing expenses [2] - The financial results are based on provisional estimates and are subject to revision until the full financial results for the third quarter of the fiscal year 2024-2025 are reported [3]

Company Overview - Zoomcar is a leading car-sharing marketplace in India, founded in 2013 and headquartered in Bengaluru, focusing on connecting Hosts with Guests for affordable car rentals [6] Website Enhancements - The company has upgraded its website to cater to a broader audience, integrating new sections for offers, curated car lists, and guest stories, along with city pages to enhance the booking experience [1] - The website features a fresh design, updated color scheme, and a cleaner homepage for improved navigation [1] Growth and Performance - Zoomcar reported a remarkable 43% year-on-year growth in bookings for November, primarily driven by increased demand during the wedding season, which has been one of the strongest in recent years [4] - The company has consistently reported significant profitability improvements over the last two quarterly reports, aligning its services with customer feedback to enhance the travel experience [5] Strategic Focus - The CEO emphasized the company's commitment to providing hassle-free travel experiences and the importance of evolving to meet customer needs [2] - Zoomcar aims to broaden and diversify its booking channels to capture greater market potential, especially with the upcoming holiday season [4]