Roadzen Inc
Filed Apr 16, 2024.
View on SEC.govAbout this filing
A company's registration of shares for sale to the public, often for a first offering. It describes the business, its risks and how the company plans to use the money.
period unavailable · Filed Apr 16, 2024
Contents
SUMMARY FINANCIAL DATA
FINANCIAL DATA
Our historical results presented herein are not necessarily indicative or predictive of results in any future period. You should read the following summary financial data together with the more detailed information contained in “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” our audited combined and unaudited condensed consolidated financial statements and notes thereto, and other financial information included elsewhere in this prospectus. We derived the combined income statements data and the combined statement of financial position data for the years ended March 31, 2023 and 2022 from our audited combined financial statements included elsewhere in this prospectus. We derived the condensed consolidated income statements data and the condensed consolidated statement of financial position data for the nine months ended December 31, 2023 and 2022, and the unaudited condensed consolidated statement of financial position data as of December 31, 2023 from our unaudited condensed consolidated financial statements included elsewhere in this prospectus. In our opinion, any unaudited financial and non-GAAP measurements presented herein represent a fair presentation of such financial data. We recommend reading the following information in conjunction with “Capitalization,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” “Business” and our combined and condensed consolidated financial statements and related footnotes included in this prospectus.
| For the year ended March 31, | For the nine months ended December 31, | |||
|---|---|---|---|---|
| Particulars | 2022 | 2023 | 2022 | 2023 |
| Revenue | 9,988,728 | 13,560,498 | 8,554,393 | 36,722,932 |
| Costs and expenses: | ||||
| Cost of services (exclusive of depreciation and amortization shown separately) | 4,806,018 | 5,413,686 | 4,404,735 | 15,665,565 |
| Research and development | 1,307,209 | 2,670,333 | 1,779,842 | 3,052,244 |
| Sales and marketing | 7,123,074 | 10,736,173 | 7,262,861 | 24,663,562 |
| General and administrative | 1,621,180 | 4,648,242 | 1,974,121 | 34,855,630 |
| Depreciation and amortization | 1,370,143 | 1,624,208 | 1,293,803 | 1,232,626 |
| Total costs and expenses | 16,227,624 | 25,092,642 | 16,715,362 | 79,469,627 |
| Loss from operations | (6,238,896) | (11,532,144) | (8,160,969) | (42,746,695) |
| Interest income/(expense) | (44,929) | (776,023) | (603,643) | (1,558,985) |
| Fair value gains/(losses) in financial instruments carried at fair value | (3,392,971) | (1,009,374) | (1,009,374) | (22,369,638) |
| Other income/(expense) net | (104,825) | (925,875) | 35,312 | 783,269 |
| (Loss)/Income before income tax expense | (9,781,621) | (14,243,416) | (9,738,674) | (65,892,049) |
| Less: income tax (benefit)/expense | 24,957 | (42,265) | (46,711) | (93,382) |
| Net (loss)/income before non-controlling interest | (9,806,578) | (14,201,151) | (9,691,963) | (65,798,667) |
| Net loss attributable to non-controlling interest, net of tax | (64,746) | (176,883) | (162,091) | (108,004) |
| Net (loss)/income attributable to Roadzen Inc. | (9,741,832) | (14,024,268) | (9,529,872) | (65,690,663) |
| Net (loss)/income attributable to Roadzen Inc. ordinary shareholders | (9,741,832) | (14,024,268) | (9,529,872) | (65,690,663) |
| Basic and diluted | (16.21) | (23.32) | (0.58) | (1.82) |
| Weighted-average number of shares outstanding used to compute net loss per share attributable to Roadzen Inc. ordinary shareholders | 606,425 | 606,425 | 16,501,984 | 36,144,311 |
| As of March 31, · As ofDecember 31, | |||
|---|---|---|---|
| 2022 | 2023 | 2023 | |
| (Unaudited) | |||
| Total current assets | 4,815,448 | 5,367,158 | 52,927,921 |
| Total assets | 15,874,433 | 15,181,242 | 66,634,885 |
| Total current liabilities | 5,715,431 | 16,681,985 | 66,169,833 |
| Total liabilities | 29,130,250 | 17,989,861 | 67,947,731 |
| Mezzanine equity | 23,696,228 | 48,274,279 | |
| Total shareholders’ deficit | (36,878,068) | (50,845,203) | (967,893) |
| Non controlling interest | (73,977) | (237,695) | (344,953) |
| Total deficit | (36,952,045) | (51,082,898) | (1,312,846) |
| Total liabilities, Mezzanine equity and Shareholders’ deficit, Non controlling interest | 15,874,433 | 15,181,242 | 66,634,885 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.