Filing Flows › Roadzen (RDZN) › Q3 FY25
Roadzen (RDZN) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Feb 12, 2025
Roadzen (RDZN) reported revenue of $12.1M for the third quarter fiscal 2025 (Q3 FY25), -23% from a year earlier and +2% from the quarter before. Operating margin was -26.2%, net loss $2.6M (21.4% of revenue).
Roadzen, Q3 FY25: revenue $12.1M (-23% year over year), operating margin -26.2%, net loss $2.6M, operating cash flow −$3.2M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.1M | +2% | -23% |
| Operating profit | −$3.2M | — | — |
| Net earnings | −$2.6M | — | — |
| Operating cash flow | −$3.2M | — | — |
What changed
Revenue was $12.1M in Q3 FY25, down 23% year over year and up 2% from the previous quarter. Commision and Distrubution Service was the largest line at 60% of revenue. Insurance Service lost $2.6M year over year (down 35%), 74% of the total change.
Operating costs exceeded revenue by $3.2M, an operating margin of -26.2%. Total costs fell 68% while revenue fell 23%. The quarter ended with a net loss of $2.6M, narrower than the previous quarter's $21.8M loss. Minority interests bore $65K of it: to shareholders the quarter was a loss of $2.5M. Non-operating items added $577K, -22% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$3.2M. Non-cash charges added back $300K of depreciation and amortization and $158K of share-based compensation. Working capital and other items used $1.1M.
Questions
What was Roadzen's revenue in the third quarter fiscal 2025?
Roadzen (RDZN) reported revenue of $12.1M for the third quarter fiscal 2025 (Q3 FY25), -23% from a year earlier and +2% from the quarter before.
Was Roadzen profitable in the third quarter fiscal 2025?
Operating loss was $3.2M (-26.2% of revenue) and net loss $2.6M.
Source: Roadzen 10-Q on SEC EDGAR.