Company: ZCARW
Filing Date: 2025-05-12
Form Type: S-1/A
Source: 0001213900-25-041769
Chunk: 119

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-05-12
Form: S-1/A
Chunk 119
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 1.38 and $0.24 million respectively , this reduction is offset by increase In rates and taxes and rent by $ 0.18 and $0.29 million. General and administrative expenses were $7.30 million during the nine months ended December 31, 2024, as compared to $14.42 million during the nine months ended December 31, 2023, a reduction of $7.12 million, or 49%. Professional fees reduced by $5.67 million driven by elimination of SPAC related expenses during the nine months ending December 31, 2024, as compared to the previous comparable period. Employee Benefit expenses reduced by $1.44 during the nine months ending December 31, 2024, as compared to the nine months ending December 31, 2023, due to reductions in headcount. 66 Finance Costs

|                                  |     | 2024 | Three months ended December 31, |     | 2023 |           |     | Change |            |   |     | %      
 Change |      |   |     | 2024 | Nine months ended December 31, |     | 2023 |            |     | Change |            |   |     | %      
 Change |      |   |
|:---------------------------------|:----|:-----|--------------------------------:|:----|:-----|----------:|:----|:-------|:-----------|:--|:----|:-------|-----:|:--|:----|:-----|-------------------------------:|:----|:-----|-----------:|:----|:-------|:-----------|:--|:----|:-------|-----:|:--|
| Finance costs                    |     | $    |                       4,050,856 |     | $    | 8,392,470 |     | $      | (4,341,613 | ) |     |        |  -52 | % |     | $    |                      6,127,161 |     | $    | 13,628,832 |     | $      | (7,501,671 | ) |     |        |  -55 | % |
| Finance costs to related parties |     | $    |                               - |     | $    |    12,426 |     | $      | (12,426    | ) |     |        | -100 | % |     | $    |                              -