Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 1228

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 3
Chunk 1228
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    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 
     (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 income, net 
     7,785,291  
     (11,316,471)
  
    Other income from related parties 
     -  
     (11,224)
  
    Loss before provision for income taxes 
     (25,622,302) 
     (34,277,252)
  
    Provision for income taxes 
     -  
     - 
  
    Net loss 
    $(25,622,302) 
    $(34,277,252)

68

The following table sets
forth our results of operations as a percentage of net revenue:

    For the Years Ended March 31, 

    2025  
    2024 
  
    Net revenue 
     100% 
     100%
  
    Costs and expenses 

    Cost of revenue 
     58% 
     104%
  
    Technology and development 
     33% 
     44%
  
    Sales and marketing 
     16% 
     58%
  
    General and administrative 
     107% 
     174%
  
    Impairment of balances with government authorities 
     0% 
     39%
  
    Total costs and expenses 
     214% 
     420%
  
    Loss from operations 
     -114% 
     -320%
  
    Finance costs 
     95% 
     140%
  
    Finance costs to related parties