Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 1026

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 2
Chunk 1026
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    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 
     0% 
     0%
  
    Gain on troubled debt restructuring 
     -13% 
     0%
  
    Other income, net 
     85% 
     -114%
  
    Other income from related parties 
     0% 
     0%
  
    Loss before provision for income taxes 
     -281% 
     -346%
  
    Provision for income taxes 
     0% 
     0%
  
    Net loss income 
     -281% 
     -346%

Net Revenue

    For the Years Ended March 31, 

    2025  
    2024  
    Change  
    Change % 
  
    Revenues from services 
     9,024,576  
     9,836,434  
     (811,858) 
     -8%
  
    Other revenues 
     81,315  
     60,799  
     20,516  
     34%
  
    Net Revenue 
     9,105,891  
     9,897,233  
     (791,342) 
     -8%

Our total net revenue for the year ended on March 31, 2025, and March
31, 2024, was $9.11 million and $9.90 million, respectively, representing a decline of $0.79 million, or 8%. While the total number of
Bookings and Booking Days increased by 10% and 1% respectively, GBV declined by 5%, during the year ended March 31, 2025, versus the previous
comparable period, but the revenue has decreased majorly due to a reduction of average rate per hour