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Roadzen (RDZN) - 2024 Q3 - Quarterly Results
RDZNRoadzen (RDZN)2024-11-13 21:15

rz roadzen EX-99.1 Roadzen Reports Fiscal Second Quarter and First Half FY2025 Financial Results • Revenue Growth: Achieved second-quarter FY25 revenue of 11.9million,a3311.9 million, a 33% increase from the first quarter's revenue of 8.9 million. • Improved Path to Profitability: Reported a net loss of 21.8million,primarilyimpactedbynoncash,nonrecurring,andextraordinaryitems,resultinginanAdjustedEBITDA1lossof21.8 million, primarily impacted by non-cash, nonrecurring, and extraordinary items, resulting in an Adjusted EBITDA1loss of 2.1 million, an improvement from the previous quarter's Adjusted EBITDA loss of $2.8 million, ...