---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-014185"
form_type: "8-K"
ticker: "ZCAR"
cik: "0001854275"
company_name: "Zoomcar Holdings, Inc."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:37:10.735179+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Zoomcar reports FQ3 net revenue $2.4M (-19% YoY); guided CY24 revenue $17-20M

## Summary
- Net revenue decreased 19% to $2.4M; record gross profit of $0.3M vs gross loss of $0.3M YoY.
- GAAP net income $14.4M (incl $28.9M deSPAC gains) vs net loss $8.7M; adj EBITDA loss improved to $4.0M.
- First full quarter of positive non-GAAP contribution profit at $0.2M (vs loss of $0.7M YoY).
- Active vehicle listings 10.3K; booked days 163.9K; avg transaction size >$75.
- Calendar 2024 outlook: net revenue $17-20M (+70-100% YoY); expects adj EBITDA run-rate $2-4M in Q4 2024.

## SEC filing metadata
- accession: 0001213900-24-014185
- form_type: 8-K
- ticker: ZCAR
- cik: 0001854275
- company_name: Zoomcar Holdings, Inc.
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854275/000121390024014185/0001213900-24-014185-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854275/000121390024014185/ea193798-8k_zoomcar.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-014185
- JSON: https://secwatch.observer/filing/0001213900-24-014185.json
- Plain text: https://secwatch.observer/filing/0001213900-24-014185.txt

## Key facts
- Earnings Releases
  Zoomcar Holdings, Inc. reported the third fiscal quarter ended December 31, 2023 results: revenue $2.4 million, net income $14.4 million.
  - Period: the third fiscal quarter ended December 31, 2023
  - Revenue: $2.4 million
  - Net income: $14.4 million
  - Result: reported results
  source text: Accounting Principles (GAAP) and as adjusted (non-GAAP). A reconciliation of GAAP to non-GAAP metrics appears at the end of this news release. ● Net revenue decreased 19% to $2.4 million, compared to $3.0 million in the same period last year. The decrease in revenue was primarily due to a lower number of days booked resulting in decreased gross billings as the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854275/000121390024014185/0001213900-24-014185-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.