Hosts enjoy zero repair costs for accidental damage, and guests benefit from a worry-free experience. BENGALURU, India , Nov. 25, 2025 /PRNewswire/ -- Zoomcar (OTCQB: ZCAR), India's leading peer-to- peer car-sharing platform, has announced the launch of Trip Protection cover, supported by Universal Sompo General Insurance through a Contractual Liability Policy. ...

Core Insights - Zoomcar Holdings Inc. reported a contribution profit of USD 1.2 million and a 14% year-over-year improvement in adjusted EBITDA for Q2 FY25-26, marking its eighth consecutive quarter of positive contribution profit and progress towards full profitability [1][2][3]. Financial Performance - Contribution profit for the quarter was USD 1.20 million, with per-booking profitability increasing by 5% year-over-year to USD 12.07 [2][7]. - Adjusted EBITDA loss improved by 14% year-over-year, while net loss narrowed by 76% to USD 0.79 million from USD 3.35 million in Q2 FY24-25 [2][7]. - Gross Booking Value reached USD 6.23 million, reflecting a 2% year-over-year increase, achieved without any paid marketing expenditures for the last 18 months [2][7]. Market Position and Growth - The self-drive car-sharing market in India is projected to grow from 18.48 million guests in 2025 to 65 million by 2031, indicating a significant mobility shift [4]. - Zoomcar has established a community of over 10 million guests and 42,000 cars across 99 cities in India since transitioning to a full peer-to-peer model [4][5]. Customer Engagement - The company reported a steady repeat user rate of 56% to 57% year-over-year, indicating strong customer loyalty and engagement [7]. - Active high-quality hosts (rated 4.5+ out of 5) increased by 46% year-over-year, contributing to the platform's growth [7]. Operational Efficiency - Adjusted EBITDA showed a 36% improvement year-to-date for the six months ended September 30, 2025, driven by tighter cost control and operational leverage [7].

Core Insights - Zoomcar Holdings, Inc. is experiencing double-digit year-over-year growth as it leads the shift from car ownership to shared access in India, similar to trends seen in the U.S. market [1][3] - India's shared mobility sector is projected to reach USD 50 billion by the early 2030s, driven by the underutilization of over 40 million privately owned vehicles [2][4] - The company aims to expand its host network and attract U.S. investors to capitalize on India's emerging consumer and mobility growth story [3] Company Overview - Founded in 2013 and headquartered in Bengaluru, Zoomcar is India's largest peer-to-peer car-sharing marketplace, connecting vehicle owners with users for self-drive access [4] - The company's mission focuses on promoting smarter, shared mobility that is economically empowering and environmentally sustainable [4] Financial Performance - Zoomcar reported a contribution profit of USD 1.14 million with nearly a 50% margin, while also achieving a 48% reduction in operating loss [7]

Core Insights - Zoomcar has reported significant improvements in financial performance, including a nearly 50% reduction in EBITDA losses and a record contribution profit, indicating a strong path towards profitability [1][7]. Financial Performance - Contribution profit reached $1.14 million, representing a 49% margin, compared to $0.46 million (20% margin) in the same quarter last year, marking the seventh consecutive quarter of positive contribution profit [3]. - Adjusted EBITDA loss decreased by 47% from $(3.26) million to $(1.73) million, while loss from operations narrowed by 48% from $(3.37) million to $(1.76) million [7]. User Engagement and Growth - Bookings slightly declined by 7% to 104,549, but the repeat user rate increased by 45% quarter over quarter, driven by product enhancements and loyalty initiatives [4]. - Average Guest trip rating improved to 4.73 from 4.71, and high-quality cars (rated 4.5+) increased by 54% quarter over quarter [6]. Cost Management - Cost of revenue decreased by 13% to $1.31 million, with total costs and expenses down to $4.07 million from $5.61 million, supporting improved unit economics and reduced cash burn [5]. - Marketing spend saw a significant decline of 78%, alongside reductions in general and administrative expenses by 22% and technology-related expenses by 21% [5]. Strategic Initiatives - The company has integrated Google Cloud AI to enhance safety and onboarding processes, partnered with CARS24 for verified host vehicles, and launched ZoomPro for business fleet partners, which provides real-time insights and controls [8].

Core Insights - Zoomcar has partnered with Google Cloud to integrate Generative AI and Machine Learning into its platform, enhancing host onboarding, reducing cancellations, and improving fraud detection [1][2][3] Financial Performance - In FY24–25, Zoomcar reported a 44% improvement in Adjusted EBITDA, with a contribution margin reaching a record 47%, translating to approximately $10 in contribution per booking [2] Technological Innovations - The company has deployed intelligent AI agents using Google Cloud's Vertex AI and Gemini models, resulting in improved user experience and operational efficiency [3] - Host Assist, an AI assistant powered by a Large Language Model, has reduced average host onboarding time by 30% [4] Host Support Initiatives - Zoomcar is developing a Host Intelligence Engine to provide personalized feedback and actionable insights to maximize host earnings, starting with Pricing Insights [5] - The company is leveraging AI to analyze host-guest interactions to reduce host-driven cancellations, thereby enhancing guest satisfaction [6] Fraud Detection and Marketplace Integrity - A real-time AI-driven fraud detection engine is being implemented to analyze identity attributes and KYC documents, aiming to improve fraud detection accuracy and enhance platform integrity [6] Industry Impact - The collaboration with Google Cloud exemplifies how Generative AI can transform customer experiences in the car-sharing marketplace, setting new benchmarks for efficiency and trust [7]

Core Insights - Zoomcar has launched 'ZoomPro', a B2B dashboard aimed at enhancing the management of vehicles, pricing, and bookings for large fleet partners, reflecting a 10% year-over-year increase in bookings and an 86% surge in repeat users [1][2][9] Company Overview - Zoomcar, founded in 2013 and headquartered in Bengaluru, is India's largest peer-to-peer car-sharing marketplace, connecting vehicle owners with users through a digital platform [6] Product Features - Key features of ZoomPro include centralized booking views, multi-user access, smart car reassignment, vehicle performance tracking, AI-driven pricing insights, e-invoicing, and an API integration suite for seamless fleet management [8] Strategic Goals - The introduction of ZoomPro is part of Zoomcar's strategy to consolidate the self-drive ecosystem, providing scalable digital infrastructure for supply partners to enhance growth and operational efficiency [2][5] Financial Performance - Zoomcar reported a contribution profit of $4.25 million with a 47% margin, alongside a 67% reduction in operating loss, indicating a strong financial position as it implements its tech-led growth strategy [9]

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]