Roadzen Reports Fiscal Second Quarter and First Half FY2025 Financial Results
Roadzen, Inc. - Ordinary Shares (RDZN)
Company Research
Source: GlobeNewswire
Revenue Growth: Achieved second-quarter FY25 revenue of $11.9 million, a 33% increase from the first quarter’s revenue of $8.9 million.Improved Path to Profitability: Reported a net loss of $21.8 million, primarily impacted by non-cash, non-recurring, and extraordinary items, resulting in an Adjusted EBITDA¹ loss of $2.1 million, an improvement from the previous quarter's Adjusted EBITDA loss of $2.8 million, reflecting a 25% sequential reduction powered by adoption of AI in reducing operating costs internally.Client Expansion: Added 5 new enterprise clients and over 150 agents and fleets, expanding our services to 108 enterprise clients across insurance and automotive sectors, and 3,550 agents and fleet customers globally.Balance Sheet Restructuring: Continued balance sheet reduction, negotiating a $3.6 million decrease in accounts payable related to the public listing.Shareholder Support: Shareholders holding approximately 56 million out of a total of approximately 68.4 million outs
Show less
Read more
Impact Snapshot
Event Time:
RDZN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RDZN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RDZN alerts
High impacting Roadzen, Inc. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
RDZN
News
- Roadzen's drivebuddyAI Partners with Bosch to Advance AI-Driven Road Safety [Yahoo! Finance]Yahoo! Finance
- Roadzen’s drivebuddyAI Partners with Bosch to Advance AI-Driven Road SafetyGlobeNewswire
- Roadzen Expands its AI Based Claims Contract with One of the Top 10 P&C Insurers in India [Yahoo! Finance]Yahoo! Finance
- Roadzen Expands its AI Based Claims Contract with One of the Top 10 P&C Insurers in IndiaGlobeNewswire
- Roadzen Inc. Announces Closing of Public OfferingGlobeNewswire
RDZN
Sec Filings
- 12/17/24 - Form 8-K
- 12/16/24 - Form 424B5
- 12/13/24 - Form 424B5
- RDZN's page on the SEC website