Loading...
•
Dec 31, 2023
Roadzen Q3 2024 Earnings Report
Roadzen achieved a new revenue milestone with a 372% year-over-year increase in the third quarter.
Key Takeaways
Roadzen reported a 372% year-over-year increase in quarterly revenue, reaching $15.64 million. The company's net loss was $30.57 million, impacted by non-cash, non-recurring, and extraordinary items, leading to an Adjusted EBITDA loss of $3.1 million, a 14% improvement over the second quarter.
Quarterly revenue reached $15.64 million, marking a 372% increase year-over-year.
Net loss of $30.57 million was impacted by non-cash, non-recurring, and extraordinary items.
Adjusted EBITDA loss improved to $3.1 million, a 14% improvement over the second quarter.
Revenue composition highlighted the strength of Roadzen’s strategic plan with brokerage solutions contributing 52% and technology sales accounting for 48%.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...