Company: ZCARW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110391
Chunk: 306

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 306
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 table summarizes
our non-GAAP financial measures, along with the most directly comparable GAAP measure, for each period presented below.

    For the Three Months  Ended Sep 30,  
    For the Six Months Ended Sep30, 

    2025  
    2024  
    2025  
    2024 
  
    Gross profit 
    $1,089,821  
    $1,033,475  
    $2,088,887  
    $1,762,171 
  
    Gross margin 
     48% 
     46% 
     45% 
     39%
  
    Contribution profit 
     1,197,417  
     1,207,766  
     2,335,841  
     1,666,927 
  
    Contribution margin 
     52% 
     54% 
     51% 
     37%
  
    Net (loss) income 
     (794,149) 
     (3,351,975) 
     (4,999,462) 
     (5,883,554)
  
    Adjusted EBITDA 
    $(1,260,011) 
    $(1,470,442) 
    $(2,986,006) 
    $(4,731,683)

Contribution Profit (Loss) and Contribution Margin

We define contribution profit
(loss) as our gross profit (loss) plus (a) depreciation expense included in cost of revenue, (b) Stock based compensation included in
cost of revenue, (c) other general costs included in cost of revenue (rent, software support, insurance, travel); less (i) Host incentive
payments and (ii) marketing and promotional expenses (excluding brand marketing).

We use contribution profit
(loss) and contribution margin as indicators of the economic impact of a new booking on our platform, as they capture the direct expenses
attributable to a new booking on our platform and the cost required to generate revenue. While certain contribution profit (loss) adjustments
may not be non-recurring, non-cash, non-operating, or unusual, contribution profit (loss) is a metric our management and board of directors
find useful, and we believe investors may find useful in understanding the costs most directly associated with our revenue-generating
activities.

We recorded a contribution
profit of $1.20 million during the three months ended