NASDAQ$RDZN

Roadzen Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Roadzen achieved a new revenue milestone with a 372% year-over-year increase in the third quarter.

Roadzen reported a 372% year-over-year increase in quarterly revenue, reaching $15.64 million. The company's net loss was $30.57 million, impacted by non-cash, non-recurring, and extraordinary items, leading to an Adjusted EBITDA loss of $3.1 million, a 14% improvement over the second quarter.

  • Quarterly revenue reached $15.64 million, marking a 372% increase year-over-year.
  • Net loss of $30.57 million was impacted by non-cash, non-recurring, and extraordinary items.
  • Adjusted EBITDA loss improved to $3.1 million, a 14% improvement over the second quarter.
  • Revenue composition highlighted the strength of Roadzen’s strategic plan with brokerage solutions contributing 52% and technology sales accounting for 48%.

Headline financials

Total Revenue

$15.6M

No prior period
EPS

-$0.45

No prior period
Adjusted EBITDA Loss

-$3.1M

No prior period
Policies Sold

101.7K

No prior period
Claims, Roadside Assistance & Vehicle Inspections

486.9K

No prior period
Net Income

-$30.6M

No prior period
Operating Income

-$31.3M

No prior period
Gross Profit

-$31.3M

No prior period
Cash & Equivalents

$9.41M

No prior period
Total Assets

$66.6M

No prior period
R&D Expense

$1.88M

No prior period
Stock-Based Comp

$27.3M

No prior period

Revenue & EPS history

Roadzen · Revenue · Quarterly

$15.6M

Q3 2024
Beat estimate in 3 of 6 quarters(50%)
ActualEstimate

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 Q3 2024

Historical avgQ3 2024

+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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