Company: ZCARW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076590
Chunk: 216

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 2
Chunk 216
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 to the loan raised, thereby bringing the total debt
issuance costs to $55,500.

The following table summarizes our cash flows
for the periods presented:

    For the Three Month Ended 
June 30, 
  
    Statements of Cash Flows Data: 
    2025  
    2024 
  
    Net cash generated from/ (used in) provided by operating activities 
    $89,745  
    $(1,776,412)
  
    Net cash (used in) / generated from investing activities 
     (1,061) 
     317,040 
  
    Net cash (used in)/ generated from financing activities 
     (826,493) 
     1,561,327 
  
    Effect of foreign exchange on cash and cash equivalents. 
     645  
     (14,616)
  
    Net decrease in cash and cash equivalents 
    $(737,809) 
    $101,955 

Operating Activities

Net cash generated from /(used)
in operating activities was $0.09 million and $(1.78) million for the three months ended June 30, 2025, and June 30, 2024, respectively.
The major drivers contributing to the decrease of $1.87 million during the current three months compared to previous three months included
the following:

1.Decrease in net loss of $1.33 million after adjustments for non-cash
items. These adjustments include Depreciation and amortization, fair value changes in financial instruments, interest on redeemable
promissory note, gain on troubled debt restructuring, Interest on finance leases, Gain on sale and disposal of assets, net, Gain on sale
and disposal of assets held for sale, net, Gain on derecognition of subsidiary, Payable to customers and provision written back, Assets
written off, Liquidated damages, Host receivable written off and Unrealized foreign currency exchange loss, net.

2.Net increase in working capital of $0.54 million was a result of improved
working capital management during the three months ended June 30, 2025, as compared to the three months ended June 30, 2024. 

56

Investing Activities

Net cash used in investing
activities totaled nominal amount of $1,061 for three months ended on June 30, 2025, as compared to cash generated from investing activities
amounting to $0.32 million during