Quarterly ResultMay 20, 2026, 05:03 PM
Zoomcar Expects FY26 Net Loss -70%, Adj. EBITDA Loss -54% YoY
AI Summary
Zoomcar Holdings, Inc. released preliminary, unaudited financial estimates for the fiscal year ending March 31, 2026, projecting a 70% year-over-year reduction in net loss and a 54% reduction in Adjusted EBITDA loss. For Q3 FY25-26, the company reported a Gross Booking Value of $6.60 million and a record contribution profit of $1.38 million. Additionally, Zoomcar extended its warrant exchange offer to June 30, 2026, and is pursuing a bridge financing round of up to $5 million to strengthen its balance sheet and fund growth.
Key Highlights
- Expects FY26 net loss to decline approximately 70% year-over-year (preliminary, unaudited).
- Anticipates FY26 Adjusted EBITDA losses to reduce by an estimated 54% year-over-year.
- Reported Q3 FY25-26 Gross Booking Value of $6.60 million.
- Achieved record Q3 FY25-26 contribution profit of $1.38 million (58% margin).
- Q3 FY25-26 Adjusted EBITDA loss improved 74% YoY to $(0.83) million.
- Q3 FY25-26 loss attributable to shareholders narrowed 91% YoY to $(0.72) million.
- Extended warrant exchange offer expiration to June 30, 2026.
- Pursuing a bridge financing round of up to $5 million, with a potential overallotment of $5 million.
Price Impact
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