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Zoomcar Holdings(ZCAR) - 2026 Q2 - Earnings Call Transcript
2025-11-14 14:02
Financial Data and Key Metrics Changes - Contribution profit for the quarter ended September 30, 2025, was $1.20 million, marking the eighth consecutive positive quarter, with per-booking contribution profit improving by 5% year-on-year to $12.07 [2][3] - Adjusted EBITDA improved by 14% year-over-year, and net loss narrowed to $0.8 million, down from $3.4 million a year ago, representing a significant 76% improvement [3][6] - Revenue for the quarter stood at $2.3 million, reflecting a 2% improvement year-over-year, with contribution margins remaining strong at 52% of reported GAAP revenue [5][9] Business Line Data and Key Metrics Changes - High-quality hosts increased by 46% year-over-year, and repeat users remained consistent at 57%, indicating strong platform stickiness [3][6] - Booking numbers declined marginally by 6%, but gross booking value improved to $6.23 million due to a 22% increase in average booking duration [5][6] Market Data and Key Metrics Changes - The total addressable market for self-drive car-sharing is expected to expand from 18.5 million guests in 2025 to 65 million by 2031, with car ownership in India remaining low at 0.1 cars per household compared to 2.1 in the U.S. [3][4] - With over 1 billion internet users, digital maturity is high, and the contribution margin turnaround from minus $2.5 to plus $12 per booking demonstrates that the model scales profitably [4][10] Company Strategy and Development Direction - The company aims to consolidate its market leadership as the preferred peer-to-peer car-sharing platform, focusing on flexibility over ownership [4][11] - Plans to raise additional capital to fund growth and aim for uplisting by the end of the fiscal year ending March 31, 2026 [7][8] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of maintaining contribution profitability while scaling bookings through organic demand, with a focus on sustainable and responsible growth [6][11] - The company is on track towards operating break-even, with a positive trajectory in adjusted EBITDA and improved operational efficiency [10] Other Important Information - The company has managed to keep total liabilities stable, strengthening its balance sheet and improving liquidity [8] - Non-GAAP measures provide a realistic view of performance, with consistent margins above 50% and narrowing losses every quarter [9] Q&A Session Summary - No specific questions or answers were documented in the provided content, thus this section is not applicable.
Zoomcar Holdings(ZCAR) - 2026 Q2 - Earnings Call Transcript
2025-11-14 14:02
Financial Data and Key Metrics Changes - Contribution profit for the quarter ended September 30, 2025, was $1.20 million, marking the eighth consecutive positive quarter, with per-booking contribution profit improving by 5% year-on-year to $12.07 [2][3] - Adjusted EBITDA improved by 14% year-over-year, and net loss narrowed to $0.8 million, down from $3.4 million a year ago, representing a significant 76% improvement [3][6] - Revenue for the quarter stood at $2.3 million, reflecting a 2% improvement year-over-year, with contribution margins remaining strong at 52% of reported GAAP revenue [5][6] Business Line Data and Key Metrics Changes - High-quality hosts increased by 46% year-over-year, and repeat users remained consistent at 57%, indicating strong platform stickiness [3] - Booking numbers declined marginally by 6%, but gross booking value improved to $6.23 million due to a 22% increase in average booking duration [5] Market Data and Key Metrics Changes - The total addressable market for self-drive car-sharing is expected to expand from 18.5 million guests in 2025 to 65 million by 2031, with car ownership in India remaining low at 0.1 cars per household compared to 2.1 in the U.S. [3][4] - With over 1 billion internet users, digital maturity is high, and the contribution margin turnaround from minus $2.5 to plus $12 per booking demonstrates that the model scales profitably [4] Company Strategy and Development Direction - The company aims to consolidate its market leadership as the preferred peer-to-peer car-sharing platform, focusing on sustainable and responsible growth while maintaining financial stability and long-term shareholder value [4][11] - Plans to raise additional capital to fund growth and aim for uplisting by the end of the fiscal year ending March 31, 2026 [7][8] Management's Comments on Operating Environment and Future Outlook - Management highlighted that the current moment is ideal for accelerating growth due to macro tailwinds, proven profitability, and digital readiness [4] - The company is on track towards operating break-even, with a focus on maintaining contribution profitability before accelerating top-line growth [7][10] Other Important Information - The company has managed to keep total liabilities stable, strengthening its balance sheet and improving liquidity [8] - Non-GAAP measures provide a realistic view of performance, with contribution margins consistently above 50% and losses narrowing every quarter [9] Q&A Session Summary - No specific questions or answers were provided in the content regarding the Q&A session.
Zoomcar Holdings(ZCAR) - 2026 Q2 - Earnings Call Transcript
2025-11-14 14:00
Financial Data and Key Metrics Changes - Contribution profit for the quarter ended September 30, 2025, was $1.20 million, marking the eighth consecutive positive quarter, with per-booking contribution profit improving by 5% year-on-year to $12.07 [2][3] - Adjusted EBITDA improved by 14% year-over-year, and net loss narrowed to $0.8 million, down from $3.4 million a year ago, representing a significant 76% improvement [3][12] - Revenue for the quarter stood at $2.3 million, reflecting a 2% improvement year-over-year, with contribution margins remaining strong at 52% of reported GAAP revenue [5][10] Business Line Data and Key Metrics Changes - High-quality hosts increased by 46% year-over-year, and repeat users remained consistent at 57%, indicating strong platform stickiness [3] - Booking numbers declined marginally by 6%, but gross booking value improved to $6.23 million due to a 22% increase in average booking duration [5] Market Data and Key Metrics Changes - The total addressable market for self-drive car-sharing is expected to expand from 18.5 million guests in 2025 to 65 million by 2031, with car ownership in India remaining low at 0.1 cars per household compared to 2.1 in the U.S. [3][4] Company Strategy and Development Direction - The company aims to consolidate its market leadership as the preferred peer-to-peer car-sharing platform, focusing on flexibility over ownership [4] - Plans to raise additional capital to fund growth and aim for uplisting by the end of the fiscal year ending March 31, 2026 [8][9] Management's Comments on Operating Environment and Future Outlook - Management highlighted the structural and long-term opportunity in India's mobility market, emphasizing the importance of maintaining contribution profitability while scaling [4][12] - The company is on track towards operating break-even, with a focus on sustainable and responsible growth [11][12] Other Important Information - The company has managed to keep total liabilities stable, strengthening its balance sheet and improving liquidity [9] - Non-GAAP measures provide a clearer view of operational performance, with consistent margins above 50% and narrowing losses [10] Q&A Session Summary - No specific questions or answers were documented in the provided content, indicating a conclusion to the earnings presentation without a Q&A segment [13]
Zoomcar Set to Unveil Q1 FY 2025-26 Earnings Call: Key Updates on Growth and Market Strategy
Prnewswire· 2025-08-11 11:30
Core Insights - Zoomcar Holdings, Inc. plans to report its financial and operating results for Q1 FY 2025-26 on August 14, 2025, before market opening [1] - A live Zoom Webinar will be hosted by the company management at 8:00 am Eastern Time on the same day to discuss the results and provide corporate updates [2] - Investors and analysts can submit questions to management via email by 10:00 am ET on August 13, 2025 [3] 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]
Zoomcar Redefines Home Delivery, Bringing Next-Level Convenience and Coverage to Guests Across India
Prnewswire· 2025-07-30 11:30
Core Insights - Zoomcar has expanded its Home Delivery service to 14 cities, enhancing convenience for Guests and increasing earnings for Hosts [1][3] - The new flexible delivery system allows Hosts to set delivery zones and manage availability, resulting in a 10% increase in Host participation [2] - Partnerships with third-party driver platforms enable more cars to be delivered, with 12% of total bookings currently fulfilled via Home Delivery, expected to double as the service expands [3] Company Overview - Founded in 2013, Zoomcar is India's leading peer-to-peer car-sharing marketplace, operating in over 90 cities [6] - The platform promotes affordable and sustainable urban mobility while empowering individuals to become micro-entrepreneurs [6] - With over 40,000 cars and more than 10 million users, Zoomcar focuses on innovation to enhance marketplace trust and convenience [5]
Zoomcar Partners with CARS24 to Raise the Bar on Self-Drive Car Quality and Safety through Tech-Enabled Inspections
Prnewswire· 2025-07-01 11:00
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]
Zoomcar to Announce Financial Results for Fiscal Year Ending March 31, 2025
Prnewswire· 2025-06-23 12:52
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]
Zoomcar Welcomes Deepankar Tiwari as CEO to Drive Next Phase of Growth
Prnewswire· 2025-05-12 11:30
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]
Zoomcar Announces Trading on OTCQX Best Market
Globenewswire· 2025-05-08 11:00
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]
OTC Markets Group Welcomes Zoomcar Holdings, Inc. to OTCQX
Globenewswire· 2025-05-08 11:00
Company Overview - Zoomcar Holdings, Inc. is a leading marketplace for self-drive car sharing in India, founded in 2013 and headquartered in Bengaluru [4] - The company connects Hosts with Guests, offering a selection of cars for affordable use, promoting sustainable transportation solutions in India [4] Market Transition - Zoomcar has qualified to trade on the OTCQX® Best Market, having previously traded on NASDAQ [1] - The trading symbol for Zoomcar on OTCQX is "ZCAR" [2] OTCQX Market Benefits - Trading on the OTCQX Market provides companies with efficient and cost-effective access to U.S. capital markets [3] - Companies listed on a qualified international exchange can utilize their home market reporting to make information available in the U.S. [3] - To qualify for OTCQX, companies must meet high financial standards, adhere to best practice corporate governance, and comply with applicable securities laws [3] OTC Markets Group Inc. - OTC Markets Group Inc. operates regulated markets for trading 12,000 U.S. and international securities [5] - The company’s data-driven disclosure standards support three public markets: OTCQX Best Market, OTCQB Venture Market, and Pink Open Market [5]