Roadzen Inc
For the period ended Dec 31, 2023. Filed Feb 12, 2024.
View on SEC.govAbout this filing
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$1.11-5.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Consolidated Statement of Mezzanine equity and Shareholders' deficit
| Shareholders' deficit | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Convertible preferred stockand additional paid in capital · Ordinary shares and additionalpaid in capital · Accumulated · DebentureRedemption · Stock based compensation · Accumulatedothercomprehensive · Totalshareholders' | |||||||||||
| Shares · Amount · Shares · Amount · deficit · Reserve · loss · deficit | |||||||||||
| For Three Months Ended December 31, 2023: | |||||||||||
| Balance as of October 1, 2023 | — | — | 68,440,829 | 84,980,325 | (86,524,231) | 321,674 | 3,526,209 | 236,448 | 2,540,425 | ||
| Adjustments: | |||||||||||
| Net profit attributable to ordinary shareholders | — | — | — | — | (30,569,619) | — | — | — | (30,569,619) | ||
| Other comprehensive income | — | — | — | — | — | — | (192,154) | (192,154) | |||
| Movement attributable to stock based Compensation Reserve | — | — | — | — | — | — | 27,253,455 | — | 27,253,455 | ||
| Impact of issuance/repayment of debenture | — | — | — | — | 59,192 | (59,192) | — | — | - | ||
| Balance as of December 31, 2023 | — | — | 68,440,829 | 84,980,325 | (117,034,658) | 262,482 | 30,779,664 | 44,294 | (967,893) | ||
| For Three Months Ended December 31, 2022: | |||||||||||
| Balance as of October 1, 2022 | 1,067,562 | 32,717,915 | 606,425 | 303,213 | (47,257,034) | 192,488 | — | (234,464) | (46,995,797) | ||
| Adjustments: | |||||||||||
| Retroactive application of Business Combination (Note 3) | 27,982,842 | — | 15,895,559 | — | — | — | — | — | - | ||
| Balance as of October 1, 2022 | 29,050,404 | 32,717,915 | 16,501,984 | 303,213 | (47,257,034) | 192,488 | — | (234,464) | (46,995,797) | ||
| Issuance of convertible preferred stock on conversion of convertible notes | 521,380 | 111,944 | — | — | — | — | — | — | - | ||
| Net profit attributable to ordinary shareholders | — | — | — | — | 477,429 | — | — | — | 477,429 | ||
| Other comprehensive income | — | — | — | — | - | — | — | 121,793 | 121,793 | ||
| Impact of issuance/repayment of debenture | — | — | — | — | (198,368) | 198,368 | — | — | - | ||
| Balance as of December 31, 2022 | 29,571,784 | 32,829,859 | 16,501,984 | 303,213 | (46,977,973) | 390,856 | - | (112,671) | (46,396,575) | ||
| For Nine months ended December 2023: | |||||||||||
| Balance as of April 1, 2023 | 1,465,100 | 48,274,279 | 606,425 | 303,213 | (51,448,299) | 366,786 | — | (66,903) | (50,845,203) | ||
| Adjustments: | |||||||||||
| Retroactive application of Business Combination (Note 3) | 38,403,073 | — | 15,895,559 | — | — | — | — | — | — | ||
| Balance as of April 1, 2023 | 39,868,173 | 48,274,279 | 16,501,984 | 303,213 | (51,448,299) | 366,786 | - | (66,903) | (50,845,203) | ||
| Issuance of Series A1 stock during the period through rights issue | 1,558,916 | 8,879,409 | — | — | — | — | — | — | - | ||
| Issuance of Series A1 stock during the period through conversion of loan | 467,446 | 2,662,590 | — | — | — | — | — | — | — | ||
| Movement attributable to stock based Compensation Reserve | — | — | — | — | — | — | 30,779,664 | — | 30,779,664 | ||
| Net profit attributable to ordinary shareholders | — | — | — | — | (65,690,663) | — | — | — | (65,690,663) | ||
| Impact of issuance/repayment of debenture | — | — | — | — | 104,304 | (104,304) | — | — | — | ||
| Other comprehensive income | — | — | — | — | — | — | — | 111,197 | 111,197 | ||
| Conversion of redeemable convertible preferred stock into ordinary shares upon Business Combination | (41,894,535) | (59,816,278) | 41,894,536 | 59,816,278 | — | — | — | — | 59,816,278 | ||
| Issuance of ordinary shares upon Business Combination | — | — | 10,044,309 | 24,860,834 | — | — | — | — | 24,860,834 | ||
| Balance as of December 31, 2023 | — | — | 68,440,829 | 84,980,325 | (117,034,658) | 262,482 | 30,779,664 | 44,294 | (967,893) | ||
| For Nine months ended December 2022: | |||||||||||
| Balance as of April 1, 2022 | 947,163 | 23,696,228 | 606,425 | 303,213 | (37,057,245) | — | — | (124,036) | (36,878,068) | ||
| Adjustments: | |||||||||||
| Retroactive application of Business Combination (Note 3) | 24,826,954 | — | 15,895,559 | — | — | — | — | — | — | ||
| Balance as of April 1, 2022 | 25,774,117 | 23,696,228 | 16,501,984 | 303,213 | (37,057,245) | — | — | (124,036) | (36,878,068) | ||
| Issuance of Series A1 stock during the period through conversion of loan | 3,797,667 | 9,133,631 | — | — | — | — | — | — | — | ||
| Impact of issuance/repayment of debenture | — | — | — | — | (390,856) | 390,856 | — | — | — | ||
| Net profit attributable to ordinary shareholders | — | — | — | — | (9,529,872) | — | — | — | (9,529,872) | ||
| Other comprehensive income | — | — | — | — | — | — | — | 11,365 | 11,365 | ||
| Balance as of December 31, 2022 | 29,571,784 | 32,829,859 | 16,501,984 | 303,213 | (46,977,973) | 390,856 | - | (112,671) | (46,396,575) | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.