Company: ZCARW
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-014437
Chunk: 54

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 54
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 31,  
    Nine months ended  December 31, 
  
    (In USD) 
    2024  
    2023  
    2024  
    2023 

    Revenue from services 

    Facilitation revenue (net) 
    $2,448,571  
    $2,421,438  
    $6,894,511  
    $7,717,064 
  
    Others 
     797  
     -  
     797  
     - 

    Other operating revenues 
     -  
     -  
     41,942  
     - 
  
    Total 
    $2,449,368  
    $2,421,438  
    $6,937,250  
    $7,717,064 

    Three months ended 
December 31,  
     Nine months ended 
December 31, 
  
    Revenue by geographical location 
     2024  
     2023  
     2024  
     2023 
  
    India 
    $2,449,323  
    $2,391,332  
    $6,920,079  
    $7,615,314 
  
    Egypt 
     -  
     27,868  
     13,225  
     78,259 
  
    Vietnam 
     -  
     -  
     -  
     17,873 
  
    Indonesia 
     45  
     2,238  
     3,946  
     5,618 

    $2,449,368  
    $2,421,438  
    $6,937,250  
    $7,717,064 

Contract balances

The
Company’s contract liabilities for consideration collected prior to satisfying the performance obligations is $689,018 and $716,091
as at December 31, 2024 and March 31, 2024 respectively. The Company has collected $659,650 as advance from customers during the
nine months ended December 31, 2024.

The
Company offers loyalty program, Z-Points, that results in the deferral of revenue equivalent to the retail value at the date the
points are earned. The Company had accumulated deferred revenue amounting to