Company: ZCARW
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-014437
Chunk: 82

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 82
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 may be charged during or after the trip, depending on events arising during the trip. Neither Zoomcar nor our Host subsidize fuel costs for Guests. Guests cover their own fuel costs, which are in addition to the booking fee.

    ●
    Charges to Hosts: For each booking on our platform, we charge a “revenue share” to the Host based on a percentage of the booking fee plus other fees that are transferable to the Host. The average revenue share that Zoomcar receives from a booking on our platform is approximately 40%, with the Host retaining the remaining 60%. Our platform provides Hosts with a menu of incentives related to specific factors such as bookings served and minimum host ratings. We charge Hosts minimum marketplace fees to offset the costs of our installed devices.

53

Key Business Metrics

In addition to the measures
presented in our unaudited condensed consolidated financial statements, we use the following key business metrics to help us evaluate
our business, identify trends affecting our business, formulate business plans, and make strategic decisions. We are not aware of any
uniform standards for calculating these key metrics, which may hinder comparability with other companies that may calculate similarly
titled metrics in a different way.

    Three months Ended December 31,  
    Nine months Ended December 31, 
  
    (In thousands) 
    2024  
    2023  
    2024  
    2023 
  
    Booking Days 
     182  
     164  
     512  
     511 
  
    Gross Booking Value 
    $6,530  
    $6,531  
    $18,879  
    $20,539 

Booking Days

We define “Booking
Days” as total days (24 hours measured in minutes) that a vehicle is booked by Guests on our platform in a given period, for trips
ended, net of total days relating to cancelled bookings in that period. We believe Booking Days is a key business metric to help investors
and others understand and evaluate our results of operations in the same manner as our management team, as it represents a standardized
unit of transaction volume on our platform in any given time period.

(1)Refers
to calendar quarters (i.e., Q2-21 = April 01 to June 30, 2021).

For the three months ending
December 31, 2024, Booking Days on the platform totaled approximately