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Roadzen Reports its Best Fiscal First Quarter Results in Q1 2025 Buoyed By Strong Year-Over-Year Revenue Growth and Addition of Several Marquee Clients
RDZNRoadzen (RDZN) GlobeNewswire News Room·2024-08-13 20:05

First quarter 2025 revenue increased 59% year-over-year to $8.9 million from $5.6 million in the corresponding quarter last year. Net loss of $48.4 million is impacted by non-cash, non-recurring and extraordinary items, resulting in an Adjusted EBITDA1 loss of $2.9 million. Strong customer wins with leading global insurers, carmakers and fleets choosing Roadzen's risk solutions and AI products over the past quarter. NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "C ...