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NASDAQ:ZCAR

Zoomcar 2/14/2024 Earnings Report

Zoomcar logo
$0.37 +0.03 (+9.34%)
As of 01:43 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

Zoomcar Earnings Headlines

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About Zoomcar

Zoomcar (NASDAQ:ZCAR) (NASDAQ:ZCAR) operates a technology-driven self-drive car rental platform designed to provide consumers with flexible, on-demand access to vehicles through a mobile and web interface. The company’s service offering spans hourly, daily and extended-use rentals, combining vehicle usage, fuel, insurance and maintenance into a single streamlined package. Zoomcar’s model emphasizes convenience, allowing users to book, unlock and track vehicles without intermediary steps or point-to-point drop-off constraints.

Founded in 2013 and headquartered in Bengaluru, India, Zoomcar has expanded rapidly across key urban centers including Bangalore, Delhi, Mumbai, Pune and Hyderabad. Its operations are supported by a mixed fleet of company-owned and partner-affiliated vehicles, enabling broad geographic coverage and localized availability. The company employs proprietary telematics and data analytics to monitor vehicle performance, optimize route planning and maintain high standards of safety and service quality.

At the core of Zoomcar’s technology platform lies a booking engine and fleet management system that handles real-time reservations, automated billing, digital payment processing and customer support. This integrated solution helps reduce turnaround times, minimize idle fleet days and improve overall utilization rates. Through periodic software updates and mobile app enhancements, Zoomcar continuously refines its user experience and strengthens operational resilience.

Leadership at Zoomcar is anchored by co-founders and industry veterans Greg Moran (Chief Executive Officer) and David Back (Chief Operating Officer), who leverage backgrounds in technology, automotive services and venture-backed startups. Supported by investors such as Sequoia Capital and Ford Smart Mobility, Zoomcar continues to pursue network expansion, fleet electrification trials and partnerships aimed at scaling its self-drive ecosystem in existing and new markets.

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