Quarterly ResultAug 13, 2026, 04:07 PM
Roadzen Q1 Revenue +49% to $16.2M; Adjusted EBITDA Improves
AI Summary
Roadzen Inc. reported record first-quarter fiscal 2027 results, with revenue increasing 49% year-over-year to $16.2 million. The company achieved its eighth consecutive quarter of Adjusted EBITDA improvement, narrowing the loss to $(0.37) million. Roadzen also announced a definitive agreement to acquire a leading European MGA, projected to add $18-20 million in annual revenue, supporting its momentum towards a $100+ million annualized run rate. Despite a net loss of $(9.8) million, this was largely attributed to non-cash fair-value adjustments.
Key Highlights
- Q1 FY2027 revenue increased 49% to $16.2 million, a record for Roadzen.
- Adjusted EBITDA loss narrowed to $(0.37) million, a 73% year-over-year improvement.
- Signed definitive agreement to acquire a European MGA, expected to add $18-20 million annual revenue.
- Exited the quarter at a roughly $65 million annualized revenue run rate, targeting $100+ million.
- Secured over $30 million in new contracted revenue during the quarter.
- Net loss attributable to ordinary shareholders was $(9.8) million, primarily due to non-cash fair-value loss.
- Roadzen was added to the Russell 2000 and Russell 3000 indices in June 2026.
- Cash and cash equivalents stood at $6.0 million as of June 30, 2026.
Price Impact
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