Company: ZCARW
Filing Date: 2025-03-04
Form Type: S-1
Source: 0001213900-25-020176
Chunk: 122

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-04
Form: S-1
Chunk 122
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 are non-GAAP financial measures with certain limitations regarding their usefulness; they should be considered as supplemental in nature and are not meant as substitutes for gross profit /(loss) and gross margin, which are measures prepared in accordance with GAAP. For purposes of calculating the non-GAAP financial measures, we utilize the GAAP financial measure of gross profit (loss), which is defined as revenue minus cost of revenue, each of which is presented in our unaudited condensed consolidated statements of operations. Our definitions of contribution profit (loss) and contribution margin may differ from the definitions used by other companies in our industry and, therefore, comparability may be limited. In addition, other companies may not publish these or other similar metrics. Further, our definition of contribution profit (loss) does not include the impact of certain expenses that are reflected in our unaudited condensed consolidated statements of operations. Thus, our contribution profit (loss) should be considered in addition to, not as a substitute for or in isolation from, gross profit (loss) prepared in accordance with GAAP. The following tables present reconciliations of gross profit/(loss) to contribution profit/(loss) and gross margin to contribution margin for each of the periods indicated: Contribution Profit/(Loss)

|                                                                   |     | 2024 |        Three 
 months ended 
 December 31, |   |     | 2023 |           |   |     | 2024 |         Nine 
 months ended 
 December 31, |   |     | 2023 |            |   |
|:------------------------------------------------------------------|:----|:-----|-------------:|:--|:----|:-----|----------:|:--|:----|:-----|-------------:|:--|:----|:-----|-----------:|:--|
| Net                                                               
 revenue                                                           |     | $    |    2,449,368 |   |     | $    | 2,421,438 |   |     | $    |    6,937,250 |   |     | $    |  7,717,064 |   |
| Cost of revenue                                                   |     |      |    1,499,282 |   |     |      | 2,093,057 |   |     |      |    4,224,993 |   |     |      |  8,441,525 |   |
| Gross                                                             
 Profit/(loss)                                                     |     |      |      950,086 |