Company: ZCARW
Filing Date: 2025-03-28
Form Type: DRS
Source: 0001013762-25-003498
Chunk: 136

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-28
Form: DRS
Chunk 136
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The following table summarizes
our non-GAAP financial measures, along with the most directly comparable GAAP measure, for each period presented below.

|                            |     | 2024 | Three months ended 
       December 31, |   |     | 2023 |             |   |     | 2024 | Nine months ended 
      December 31, |   |     | 2023 |             |   |
|:---------------------------|:----|:-----|-------------------:|:--|:----|:-----|------------:|:--|:----|:-----|------------------:|:--|:----|:-----|------------:|:--|
| Gross profit/(loss)        |     | $    |            950,086 |   |     | $    |     328,381 |   |     | $    |         2,712,257 |   |     | $    |    (724,461 | ) |
| Gross margin               |     |      |                 39 | % |     |      |          14 | % |     |      |                39 | % |     |      |          -9 | % |
| Contribution profit/(loss) |     |      |          1,283,994 |   |     |      |     208,873 |   |     |      |         2,950,921 |   |     |      |  (1,080,363 | ) |
| Contribution margin        |     |      |                 52 | % |     |      |           9 | % |     |      |                43 | % |     |      |         -14 | % |
| Net (loss) income          |     |      |         (7,922,063 | ) |     |      |  14,425,439 |   |     |      |       (13,805,617 | ) |     |      | (26,757,978 | ) |
| Adjusted EBITDA            |     |      |         (3,147,158 | ) |     |      | (10,168,346 | ) |     |      |        (7,878,841 | ) |     |      | (20,841,509 | ) |

Contribution Profit (Loss) and Contribution Margin

We define contribution profit
(loss) as our gross profit (loss) plus (a) depreciation expense included