secwatch.observer — SEC 8-K summary
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Issuer:     Zoomcar Holdings, Inc. (ZCAR)
CIK:        0001854275
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001213900-24-014185
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854275/000121390024014185/0001213900-24-014185-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854275/000121390024014185/ea193798-8k_zoomcar.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-014185

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer