Business
Roadzen Reports Best Fiscal Q1 in Company History with 22% Revenue Growth, 92% Lower Net Loss, and 50% Adjusted EBITDA Improvement Over the Same Quarter Last Year
1. Record Fiscal Q1 Revenue Sets Stage for the Year AheadFirst quarter fiscal 2026 revenue increased 22% to $10.9 million from $8.9 million last year – the strongest first quarter revenue on record for Roadzen, driven by growth in India and the U.S., along with the resumption of U.K. business opportunities. 2. Significantly Narrowed Net Loss and Fourth Straight Quarter of Adjusted EBITDA1 Improvement Net loss narrowed to $(4.0) million from $(48.4) million in the first quarter last fiscal year,
About this update from Roadzen, Inc.
[{"type":"image","alt":"Roadzen Inc.","displaySize":"","headline":null,"caption":"Roadzen Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":238,"height":69,"url":"https://media.zenfs.com/en/globenewswire.com/fcd3edda2d4bf2f31d09d0f233f5817a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/EixI0sbqAqY06w__3u8ymQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEyMjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/fcd3edda2d4bf2f31d09d0f233f5817a","width":238,"height":69}},"lazy":false},{"type":"text","content":"1. Record Fiscal Q1 Revenue Sets Stage for the Year AheadFirst quarter fiscal 2026 revenue increased 22% to $10.9 million from $8.9 million last year – the strongest first quarter revenue on record for Roadzen, driven by growth in India and the U.S., along with the resumption of U.K. business opportunities.","length":309,"tagName":"p"},{"type":"text","content":"2. Significantly Narrowed Net Loss and Fourth Straight Quarter of Adjusted EBITDA1 Improvement Net loss narrowed to $(4.0) million from $(48.4) million in the first quarter last fiscal year, a 92% year-over-year improvement. Adjusted EBITDA loss improved to $(1.4) million from $(2.8) million the prior year — a 50% year-over-year improvement — marking the fourth consecutive quarter of sequential gains as the Company moves toward Adjusted EBITDA breakeven within this fiscal year.3. Balance Sheet Strengthened Through Capital Raised at a Premium, Anchored by Roadzen’s Major Shareholders in JulySubsequent to the fiscal Q1 end, in the last week of July 2025, Roadzen closed two securities purchase transactions totaling approximately $4.5 million. The first transaction was priced at $1.25 per share, a 20% premium to market and led by Roadzen’s major shareholders; the second transaction was priced at $1.30 per share, both indicating strong investor confidence in the Company’s trajectory.","length":997,"tagName":"p"},{"type":"text","content":"NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced its financial results for the three-months ended June 30, 2025, its first quarter of fiscal year 2026.","length":303,"tagName":"p"},{"type":"text","content":"“Roadzen delivered a record first quarter, with revenue up more than 22% year-over-y...