Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 1841

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 6
Chunk 1841
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 a ratio of 1-for-100 and 1-for-20 respectively. (Refer
Note 3)

The accompanying notes are an integral part of these Consolidated Balance
Sheets.

F-3

ZOOMCAR HOLDINGS, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

    (In USD, except number of shares) Year ended   
    March 31, 2025  
    March 31, 2024 

    Revenue : 

    Revenues from services 
    $9,024,576  
    $9,836,434 
  
    Other revenues 
     81,315  
     60,799 
  
    Total revenue 
    $9,105,891  
    $9,897,233 
  
    Cost and Expenses 

    Cost of revenue 
     5,296,841  
     10,331,595 
  
    Technology and development 
     2,965,631  
     4,345,748 
  
    Sales and marketing 
     1,466,047  
     5,767,036 
  
    General and administrative 
     9,778,371  
     17,245,096 
  
    Impairment of balances with government authorities 
     -  
     3,875,767 
  
    Total costs and expenses 
    $19,506,890  
    $41,565,242 
  
    Loss from operations before income tax 
     (10,400,999) 
     (31,668,009)
  
    Finance costs 
     8,607,173  
     13,898,735 
  
    Finance costs to related parties 
     -  
     38,203 
  
    Gain on troubled debt restructuring 
     (1,171,161) 
     - 
  
    Other expense/(income), net 
     7,785,292  
     (11,316,471)
  
    Other income from related parties 
     -  
     (11,224)
  
    Loss before income taxes 
    $(25,622,303) 
    $(34,277,252)
  
    Provision for income taxes 
     -  
     - 

    Net loss attributable to common stockholders 
    $(25,622,303) 
    $(34,277,252