Roadzen Inc
For the period ended Dec 31, 2023. Filed Feb 12, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Feb 12, 2024
RDZN$1.18+6.3%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed unaudited financial statements
Condensed Consolidated Balance Sheets
| Particulars | As ofDecember 31,2023(Unaudited) | As of March 31,2023 |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | 9,406,697 | 589,340 |
| Accounts receivable, net | 7,142,624 | 1,535,985 |
| Inventories | 29,333 | 59,897 |
| Prepayments and other current assets | 35,847,455 | 3,181,936 |
| Investments | 501,812 | - |
| Total current assets | 52,927,921 | 5,367,158 |
| Restricted cash | 427,697 | 542,490 |
| Non marketable securities | 4,910,030 | 4,910,030 |
| Property and equipment, net | 524,484 | 232,493 |
| Goodwill | 2,142,778 | 996,441 |
| Operating lease right-of-use assets | 868,391 | 545,988 |
| Intangible assets, net | 4,497,636 | 2,469,158 |
| Other long-term assets | 335,948 | 117,484 |
| Total assets | 66,634,885 | 15,181,242 |
| Liabilities, mezzanine equity and stockholders' deficit | ||
| Current liabilities | ||
| Current portion of long-term borrowings | 2,393,383 | 2,852,528 |
| Short-term borrowings | 15,165,855 | 4,875,801 |
| Due to insurer | 8,866,766 | — |
| Accounts payable and accrued expenses | 30,582,855 | 6,241,066 |
| Short-term operating lease liabilities | 423,710 | 208,697 |
| Other current liabilities | 8,737,264 | 2,503,893 |
| Total current liabilities | 66,169,833 | 16,681,985 |
| Long-term borrowings | 608,183 | 653,269 |
| Long-term operating lease liabilities | 246,743 | 360,306 |
| Other long-term liabilities | 922,972 | 294,301 |
| Total liabilities | 67,947,731 | 17,989,861 |
| Commitments and contingencies (refer note 23) | ||
| Mezzanine equity | ||
| None authorized or issued as of December 31, 2023; Series A and A1 Preferred stock and additional paid in capital, $0.0001 par value per share, 81,635,738 shares authorized (Series A 5,442,383 and Series A1 76,193,356); 39,868,173 shares issued and outstanding as on March 31, 2023. | — | 48,274,279 |
| Shareholders' deficit | ||
| Preference shares, $0.0001 par value per share, 60,000,000 shares authorized and none issued as of December 31, 2023 and none authorized or issued as of March 31, 2023 | — | — |
| Ordinary Shares and additional paid in capital, $0.0001 par value per share, 220,000,000 shares authorized as of December 31 2023 and $0.0001 par value per share, 108,840,000 shares authorized as of March 31, 2023; 68,440,829 shares and 16,501,984 shares issued and outstanding as of December 31, 2023 and March 31, 2023 respectively | 84,980,325 | 303,213 |
| Accumulated deficit | (117,034,658) | (51,448,299) |
| Accumulated other comprehensive income/(loss) | 44,294 | (66,903) |
| Other components of equity | 31,042,146 | 366,786 |
| Total shareholders’ deficit | (967,893) | (50,845,203) |
| Non-controlling interest | (344,953) | (237,695) |
| Total deficit | (1,312,846) | (51,082,898) |
| Total liabilities, Mezzanine equity and Shareholders’ deficit, Non-controlling interest | 66,634,885 | 15,181,242 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.