Roadzen Inc.

Roadzen Inc.

RDZN · NASDAQ · Technology / Software - Application

0.9723USD-0.07 (-6.51%)

Price History

Full chart

Market Stats

Previous Close1.04
Open1.07
Day Range0.944 – 1.08
52-Week Range0.86 – 2.56
Volume426.00K
Market Cap106.88M
P/E (TTM)6.28
Forward P/E0.00
EPS0.20
Dividend Yield0.00%
Beta1.25
50-Day Avg1.30
200-Day Avg1.50

About

Roadzen, Inc. operates an Insurtech company in India, the United States, the United Kingdom, and Europe. The company offers underwriting solutions for cars, drivers and fleets, road safety using app-based, and computer vision-based telematics, such as accident prevention, distraction alerts, and driver coaching, as well as claims management comprising accident scene management, first notice of loss (FNOL), touchless video loss adjustment, and roadside assistance (RSA). Its Insurance as a Service (IaaS) platform product includes Via that is used to inspect a vehicle using computer vision; Global Distribution Network that enables the configuration, customer quote, payment, and administration of any insurance policy with any insurance carrier as the underwriter; and Claim which enables digital, touchless and real-time resolution of claims from FNOL through payment. It also provides StrandD for digital, real-time dispatch, and tracking for RSA and FNOL during accident claims; DrivebuddyAI that enables any vehicle to get advanced driver-assistance capabilities; MixtapeAI, a platform to power AI agents and transform customer interactions; Good Driving which insurers and fleets to recognize and train drivers and build usage-based insurance programs; and Autospace, a workshop management software platform. In addition, the company acts as an insurance brokers to sell insurance policies from any insurer and offer these products through multiple distribution channels. It serves insurers, automotive, insurance companies, reinsurers, agents, brokers, carmakers, dealerships, online-to-offline car sales platforms, fleets, taxicab companies, ridesharing platforms, and other distribution channels. The company was founded in 2015 and is based in Burlingame, California.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Jean-Noel Gallardo
  • Employees458
  • Headquarters111 Anza Boulevard, Burlingame, CA, United States, 94010, USA
  • Websitehttps://www.roadzen.ai

Leadership

  • Mr. Jean-Noel GallardoChief Financial Officer · b. 1976
  • Mr. Ankur KambojChief Operating Officer · b. 1982
  • Mr. Bruce M. Goldberg J.D.General Counsel · b. 1955
  • Mr. Mohit PasrichaSenior Vice President of Finance · b. 1992
  • Sanya SoniChief of Staff

Financials

Income Statement

Currency: USD2021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Revenue1.16M9.99M13.56M46.72M44.30M55.02M
Growth (%)-+757.52%+35.76%+244.56%-5.20%+24.21%
Cost of Revenue1.36M4.81M5.41M18.13M18.83M21.28M
Gross Profit-195.16K5.18M8.15M28.59M25.46M33.74M
Gross Margin-16.75%51.89%60.08%61.19%57.48%61.33%
Operating Expense3.59M11.42M19.68M106.25M86.28M47.74M
Operating Income-3.79M-6.24M-11.53M-77.66M-60.81M-14.00M
Operating Margin-325.26%-62.46%-85.04%-166.21%-137.29%-25.44%
EBITDA-2.64M-8.37M-11.84M-95.41M-67.81M-13.50M
EBITDA Margin-226.28%-83.76%-87.34%-204.19%-153.08%-24.54%
Net Income-15.64M-9.74M-14.02M-99.67M-72.87M-22.52M
Net Income Margin-1342.78%-97.53%-103.42%-213.31%-164.51%-40.92%
R&D908.59K1.31M2.67M4.97M3.78M408.36K
R&D as % of Total Revenue78.00%13.09%19.69%10.65%8.53%0.74%
Interest Expense6.20K44.93K776.02K2.29M3.25M7.25M
Interest Expense % of Total Revenue0.53%0.45%5.72%4.90%7.33%13.18%

Balance Sheet

Currency: USD2021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Assets17.09M15.87M15.18M58.14M32.58M52.66M
Total Liabilities44.20M52.83M66.26M68.64M58.27M79.18M
Total Equity-27.10M-36.88M-50.85M-10.07M-25.07M-29.65M
Cash4.63M913.64K589.34K11.19M4.84M6.58M
Total Debt21.48M23.72M8.95M20.08M23.86M34.31M
Net Debt16.85M22.81M8.36M8.90M19.02M27.73M

Cash Flow

Currency: USD2021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Operating Cash Flow-4.71M-4.07M-7.55M-15.43M-18.14M-20.27M
Investing Cash Flow-2.80M-1.15M-841.36K-6.71M-115.62K-896.81K
Financing Cash Flow-24.19K851.94K8.36M21.57M11.74M21.44M
Capital Expenditure389.82K1.08M842.04K455.93K424.91K1.01M
Free Cash Flow-5.10M-5.15M-8.39M-15.88M-18.57M-21.28M
FCF to OCF108.28%126.59%111.16%102.96%102.34%104.98%

Earnings

Report DateNov 24, 2021Mar 31, 2022May 16, 2022Aug 15, 2022Nov 14, 2022Dec 31, 2022Apr 14, 2023Jun 30, 2023Sep 30, 2023Feb 28, 2024Mar 31, 2024Aug 13, 2024Nov 14, 2024Feb 17, 2025Jun 26, 2025Aug 13, 2025Nov 14, 2025Feb 12, 2026Jun 29, 2026Aug 13, 2026Nov 13, 2026
EPS Estimate0.000.000.000.000.00-0.00----0.33-0.35-0.35-0.09-0.05-0.04-0.04-0.03-0.05-0.06-0.06
EPS Actual0.00-0.03-0.01-0.000.030.020.020.00-1.40-0.45-1.29-0.44-0.32-0.05-0.08-0.04-0.02-0.04-0.09-0.03-
Surprise-----------291.82%-25.71%9.77%46.78%-68.60%0.00%50.00%-33.33%-80.00%50.00%-
Timing-----------After-hours---After-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap106.88M
Enterprise Value128.54M
Trailing P/E6.28
Forward P/E0.00
Price / Sales1.77
Price / Book175.11
EPS0.20
Book Value-0.372
Revenue (TTM)60.35M
Gross Profit (TTM)36.62M
EBITDA-9.37M
Profit Margin-46.90%
Operating Margin-4.59%
Return on Equity0.00%
Return on Assets-18.93%
Shares Outstanding85.17M
Shares Float26.95M
Beta1.25
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 2 analystsTarget 5.00
  • Strong Buy
    1
  • Buy
    1

Ownership Breakdown

Institutions
8.32%
Insiders
42.66%
Retail / Other
49.02%

Top Institutional Holders

  • Meteora Capital, LLC
    556.10K0.65%
  • Citadel Advisors Llc
    482.85K0.57%
  • Arete Wealth Advisors, LLC
    255.65K0.30%
  • Spears Abacus Advisors LLC
    150.00K0.18%
  • Voss Capital LLC
    144.25K0.17%
  • The Goldman Sachs Group Inc
    131.60K0.15%
  • BlackRock Inc
    98.36K0.12%
  • XTX Topco Ltd
    88.25K0.10%
  • UBS Group AG
    59.59K0.07%

Top Fund Holders

  • iShares Russell 2000 ETF
    901.42K1.06%
  • Fidelity Small Cap Index
    501.88K0.59%
  • iShares Russell 2000 Value ETF
    471.70K0.55%
  • Vanguard Russell 2000 ETF
    267.62K0.31%
  • Goldman Sachs Absolute Ret Trckr Instl
    153.43K0.18%
  • iShares Micro-Cap ETF
    153.12K0.18%
  • Schwab Small Cap Index
    111.86K0.13%
  • iShares Russell 2000 Small-Cap Idx Instl
    86.09K0.10%
  • Bridgeway Ultra-Small Company
    69.58K0.08%
  • Fidelity Small Cap Value Index
    64.33K0.08%
  • Nuveen Small Cap Blend Idx R6
    60.31K0.07%