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Zoomcar Holdings, Inc.

ZCAR•NASDAQ
Industrials
Rental & Leasing Services
$0.46
$-0.01(-2.13%)
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Over the last four quarters, Zoomcar Holdings, Inc. achieved steady financial progress, growing revenue from $2.18M in Q4 2023 to $2.45B in Q3 2024. Gross profit stayed firm with margins at 39% in Q3 2024 versus 13% in Q4 2023. Operating income totaled -$3.24B in Q3 2024, maintaining a -132% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$3.24B. Net income rose to -$7.92M, with EPS at -$3.56. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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