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NASDAQ:ZCAR

Zoomcar 2/14/2024 Earnings Report

Zoomcar logo
$0.57 -0.02 (-3.39%)
As of 03:50 PM Eastern

Zoomcar EPS Results

Actual EPS
$1,800.00
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Zoomcar Revenue Results

Actual Revenue
$2.42 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Zoomcar Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

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About Zoomcar

Zoomcar (NASDAQ:ZCAR) (NASDAQ: ZCAR) is a technology-driven mobility platform that provides self-drive car rentals and subscription services through a mobile application and website. Headquartered in Bangalore, India, the company connects a network of vehicles with customers seeking flexible, on-demand transportation. Since its inception in 2013, Zoomcar has expanded its footprint to serve multiple cities across India as well as international markets in the Middle East and South Asia.

The company’s core offerings include hourly, daily and long-term rentals of a diverse fleet ranging from compact hatchbacks to premium SUVs. In addition to its peer-to-peer car-sharing model, Zoomcar delivers corporate mobility solutions tailored to enterprise clients and institutionally managed fleets for last-mile delivery and rideshare operators. Its subscription program allows users to access vehicles on a month-to-month basis, encompassing insurance, maintenance and roadside assistance in a single package.

Central to Zoomcar’s service is its proprietary technology platform, which integrates IoT-enabled vehicle telematics, real-time location tracking and automated documentation workflows. Users can book, unlock and return cars through the company’s smartphone app, while dynamic pricing algorithms help optimize fleet utilization. The platform also supports electric vehicle rentals, reflecting Zoomcar’s commitment to sustainable urban mobility.

Founded by Greg Moran and David Back, Zoomcar has grown under a leadership team that emphasizes operational efficiency and customer experience. The board and executive management include seasoned professionals in technology, automotive and logistics sectors. As it continues to scale, the company focuses on strategic partnerships with automobile manufacturers and local authorities to broaden its market presence and enhance its product suite.

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