Company: ZCARW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110391
Chunk: 75

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 75
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 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.

    For the three months Ended  
    For the six months Ended 

    September 30,  
    September 30,  
    September 30,  
    September 30, 
  
    (In thousands) 
    2025  
    2024  
    2025  
    2024 
  
    Booking Days 
     180  
     147  
     371  
     317 
  
    Gross Booking Value 
    $6,226  
    $6,119  
    $12,698  
    $12,349 

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., Q3-22 = July 01 to September 30, 2022).

For the three months ended
September 30, 2025, Booking Days on the platform totaled approximately 179,898, compared to 146,832 during the three months ended September
30, 2024.

For the six months ended
September 30, 2025, Booking Days on the platform totaled approximately 370,829, compared to 316,957 during the six months ended September
30, 2024.

54

Gross Booking Value

We define the Gross Booking
Value, or GBV,