Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 1626

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 5
Chunk 1626
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 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 audited 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 audited 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)  

    For the Years Ended 
March 31, 

    2025  
    2024 
  
    Net revenue 
    $9,105,891  
    $9,897,233 
  
    Cost of revenue 
     5,296,841  
     10,331,595 
  
    Gross profit/(loss) 
     3,809,050  
     (434,362)
  
    Add: Depreciation and amortization in COR 
     340,188  
     828,111 
  
    Add: Stock-based compensation in COR 
     3,650  
     134,883 
  
    Add: Overhead costs in COR  (rent, software support, insurance, travel) 
     840,289  
     1,218,583 
  
    Less: Host Incentives and Marketing costs (excl. brand marketing) C=(A+B) 
     742,399  
     2,726,369 
  
    Less: Host incentives (A) 
     147,180  
     403,069 
  
    Less: Marketing costs (excl. brand marketing) (B) 
     595,219