earnings
confidence high
sentiment positive
materiality 0.85
Roadzen Q1 FY2027 revenue up 49% to $16.2M; Adjusted EBITDA loss narrows 73%
Roadzen Inc.
- Revenue $16.2M, up 49% YoY from $10.9M; record quarterly revenue.
- Adjusted EBITDA loss $(0.37)M vs $(1.41)M prior year, 73% improvement; 8th straight quarter of gains.
- Signed definitive agreement to acquire European MGA for short-term car rental insurance; expected to add $18-20M annual revenue and $1.6-2.0M EBITDA.
- Exited quarter at ~$65M annualized run rate; secured $30M+ contracted revenue; targeting $100M+ run rate.
- AI platform: 72% fewer accidents, 85% combined ratio vs 103% industry avg, claims cycle cut from 6 weeks to 48 hours.