earnings
confidence high
sentiment neutral
materiality 0.70
Roadzen reports FY2024 revenue $46.7M (+245% YoY) with adjusted EBITDA loss $10.4M
Roadzen Inc.
2025-Q1 EPS
reported -$0.71
vs consensus -$0.05
▼ miss
(-1292.2%)
- Full year revenue $46.7M, up 245% from $13.5M; brokerage revenue up 232%, IaaS up 270%.
- Net loss $99.7M includes $89.4M non-cash items; Adjusted EBITDA loss $10.4M vs $9.9M prior year.
- Gross margin improved to 61.2% from 60.1%; policies sold 324,293 (GWP $61.8M) vs 258,546 ($38.0M).
- Cash on hand $11.2M vs $0.6M; added to Russell 2000/3000/Microcap indexes on June 28, 2024.
- Customer agreements: 33 insurers, 68 automotive, ~3,200 agents/fleets; IaaS claims up 36.4%.