Roadzen Inc
For the period ended Mar 31, 2024. Filed Jul 1, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Jul 1, 2024
RDZN$1.18+6.3%Stored close · as of Nov 6, 2026
Contents
Statements of Operations
Condensed Consolidated Statements of Operations
| For the year ended March 31, | ||
|---|---|---|
| Particulars | 2024 | 2023 |
| Revenue | 46,724,287 | 13,560,498 |
| Costs and expenses: | ||
| Cost of services | 18,132,757 | 5,413,686 |
| Research and development | 4,973,816 | 2,670,333 |
| Sales and marketing | 33,195,608 | 10,736,173 |
| General and administrative | 65,895,085 | 4,648,242 |
| Depreciation and amortization | 2,185,858 | 1,624,208 |
| Total costs and expenses | 124,383,124 | 25,092,642 |
| Loss from operations | (77,658,837) | (11,532,144) |
| Interest income/(expense) | (2,291,123) | (776,023) |
| Fair value gains/(losses) in financial instruments carried at fair value | (19,475,005) | (1,009,374) |
| Gain on deconsolidation of subsidiaries | 2,098,745 | - |
| Impairment of goodwill and intangibles with definite life | - | (919,517) |
| Impairment of investment | (3,395,234) | - |
| Other income/(expense) net | 838,728 | (6,358) |
| Total other income/(expense) | (22,223,889) | (2,711,272) |
| (Loss)/Income before income tax expense | (99,882,726) | (14,243,416) |
| Less: income tax (benefit)/expense | (23,648) | (42,265) |
| Net (loss)/income before non-controlling interest | (99,859,078) | (14,201,151) |
| Net loss attributable to non-controlling interest, net of tax | (189,743) | (176,883) |
| Net (loss)/income attributable to Roadzen Inc. | (99,669,335) | (14,024,268) |
| Net (loss)/income attributable to Roadzen Inc. ordinary shareholders | (99,669,335) | (14,024,268) |
| Basic and diluted | (2.26) | (0.86) |
| Weighted-average number of shares outstanding used to compute net loss per share attributable to Roadzen Inc. ordinary shareholders | 44,032,410 | 16,501,984 |
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