NASDAQ$RDZN

Roadzen Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

Reported best fiscal first quarter results, driven by year-over-year revenue growth and the addition of new clients.

Roadzen reported a 59% year-over-year increase in revenue, reaching $8.9 million for the first quarter of 2025. The company's net loss was $48.4 million, which includes non-cash, non-recurring, and extraordinary items, resulting in an Adjusted EBITDA loss of $2.9 million. Roadzen secured new customer agreements with global insurers, carmakers, and fleets.

  • Revenue increased 59% year-over-year to $8.9 million.
  • Net loss was $48.4 million, impacted by non-cash, non-recurring items, leading to an Adjusted EBITDA loss of $2.9 million.
  • Secured strong customer wins with leading global insurers, carmakers, and fleets.
  • UK business was impacted by a countrywide halt of automotive GAP insurance sales by the FCA.

Headline financials

Total Revenue

$8.93M

Previous: $5.61M+59.2%
EPS (adj)

-$0.46

Previous: -$6.73+93.2%
Net Income

-$48.4M

Previous: -$4.04M-1098.4%
Operating Income

-$30.4M

Previous: -$3.89M-681.5%
Gross Profit

$3.5M

Previous: $0.00
Cash & Equivalents

$7.78M

Previous: $77.2K+9974.8%
Total Assets

$34.1M

Previous: $213M-84.0%
R&D Expense

$1.79M

No prior period
Stock-Based Comp

$26.2M

No prior period

Revenue & EPS history

Roadzen · Revenue · Quarterly

$8.93M

Q1 2025+59.2%vs Q1 2024
Beat estimate in 3 of 6 quarters(50%)
ActualEstimate

Forward guidance

Roadzen is focused on simplifying its balance sheet, growing revenues, and cutting costs. The company expects European growth to resume in the coming months, despite challenges in the UK market.

Tailwinds

  • Continued growth expected in FY25, primarily driven by the U.S. and India markets.
  • Drive to profitability is yielding results, with Adjusted EBITDA improvements over the past three quarters.
  • Restructuring of one-time going-public costs and liabilities expected to be completed in the next quarter.
  • Mizuho extended the maturity and increased the amount of senior secured debt through the end of the calendar year.
  • Partnership with a leading commercial auto-focused agency network is expected to add $10+ million to Roadzen’s annual revenue.

Headwinds

  • Net loss of $48.4 million is impacted by non-cash, non-recurring and extraordinary items.
  • The U.K. business was impacted by a countrywide halt of automotive GAP insurance sales by the FCA.
  • Operating expenses increased due to non-cash equity compensation expense.
  • Other expenses increased due to fair market valuation adjustments of financial instruments.
  • Adjusted EBITDA loss of $2.9 million, compared to a loss of $1.7 million in the prior year’s first quarter.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.6%

Avg return

Earnings day

-1.7%

Avg return

5 days after

+3.3%

Avg return

30 days after

38%

6 / 16 earnings

Positive

+32.9%

Q4 2024

Best reaction

-9.8%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026-5.3%-21.9%-22.5%
Q2 2026+3.1%+0.7%+26.7%
Q1 2026-9.8%-10.3%-14.7%
Q4 2025-5.6%-1.9%+44.3%
Q3 2025+15.5%-10.1%-25.3%
Q2 2025-6.4%-7.5%+105.8%
Q1 2025+2.2%+1.5%+10.6%
Q4 2024+32.9%+25.7%-30.6%
Q3 2024+0.5%+1.9%+0.2%
Q2 2024-0.6%-4.4%-39.0%
Q1 2024-0.3%-0.5%-5.9%
Q4 2023+0.0%+0.0%+0.5%
Q4 2022+0.0%+0.2%+1.0%
Q3 2022+0.1%+0.2%+0.9%
Q1 2022-0.2%-0.2%+0.5%
Q4 2021-0.1%+0.1%+0.0%
Q3 2021
Q1 2021

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