Roadzen Inc. (RDZNW) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
111 ANZA BLVD., SUITE 109 BURLINGAME, CA 94010 |
| State of Incorp. | |
| Fiscal Year End | March 31 |
| Industry (SIC) | 6411 - Insurance Agents, Brokers, and Service (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2024 Q3 | 9/30/2024 Q2 | 6/30/2024 Q1 | 3/31/2024 Q4 | 12/31/2023 Q3 | 9/30/2023 Q2 | 6/30/2023 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 5,992 | 7,777 | 11,186 | 9,407 | 8,110 | 77 | |||
| Cash and cash equivalent | 5,992 | 7,777 | 11,186 | 9,407 | 8,110 | 77 | |||
| Receivables | 3,224 | 2,669 | 3,652 | 9,277 | 8,688 | ||||
| Inventory, net of allowances, customer advances and progress billings | 92 | 77 | 71 | 29 | 133 | ||||
| Inventory | 92 | 77 | 71 | 29 | 133 | ||||
| Prepaid expense | 699 | 1,181 | 1,613 | 1,772 | 421 | 155 | |||
| Deposits current assets | 68 | 67 | 65 | 75 | 75 | ||||
| Other undisclosed current assets | 12,939 | 14,972 | 33,255 | 32,368 | 33,972 | ||||
| Total current assets: | 23,013 | 26,743 | 49,843 | 52,928 | 51,398 | 232 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 947 | 981 | 822 | 868 | 919 | ||||
| Nontrade receivables | 3 | 3 | |||||||
| Property, plant and equipment | 349 | 245 | 455 | 524 | 305 | ||||
| Long-term investments and receivables | 1,515 | 1,520 | 1,549 | 4,910 | 4,910 | ||||
| Long-term investments | 1,515 | 1,520 | 1,549 | 4,910 | 4,910 | ||||
| Intangible assets, net (including goodwill) | 3,199 | 4,238 | 5,051 | 6,640 | 7,037 | ||||
| Goodwill | 2,096 | 2,061 | 2,062 | 2,143 | 2,304 | ||||
| Intangible assets, net (excluding goodwill) | 1,103 | 2,177 | 2,990 | 4,498 | 4,733 | ||||
| Deposits noncurrent assets | 12 | 13 | |||||||
| Asset, held-in-trust | 212,895 | ||||||||
| Restricted cash and investments | 17 | 377 | 379 | 428 | 886 | ||||
| Disposal group, including discontinued operation, noncurrent assets | 65 | ||||||||
| Other noncurrent assets | 98 | 45 | 72 | 336 | 227 | ||||
| Other undisclosed noncurrent assets | (85) | (50) | |||||||
| Total noncurrent assets: | 6,124 | 7,400 | 8,294 | 13,707 | 14,285 | 212,895 | |||
| TOTAL ASSETS: | 29,138 | 34,143 | 58,136 | 66,635 | 65,683 | 213,127 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 34,135 | 31,545 | 29,574 | 30,583 | 30,584 | 4,615 | |||
| Accounts payable | 20,354 | 23,198 | 22,796 | 24,314 | 19,408 | ||||
| Accrued liabilities | 5,686 | 7,404 | 5,917 | 5,240 | 10,483 | 4,615 | |||
| Other undisclosed accounts payable and accrued liabilities | 8,095 | 943 | 861 | 1,029 | 693 | ||||
| Deferred revenue | 1,001 | 657 | |||||||
| Debt | 20,183 | 19,182 | 17,983 | 15,166 | 14,052 | 1,505 | |||
| Postemployment benefits liability | 22 | 14 | |||||||
| Other liabilities | 2,369 | 3,522 | 3,232 | 8,737 | 5,905 | ||||
| Other undisclosed current liabilities | 4,324 | 9,109 | 14,193 | 11,684 | 11,445 | 1,029 | |||
| Total current liabilities: | 61,010 | 64,381 | 65,653 | 66,170 | 61,987 | 7,150 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,331 | 1,366 | 1,473 | 608 | 234 | ||||
| Long-term debt, excluding current maturities | 1,331 | 1,366 | 1,473 | 608 | 234 | ||||
| Liabilities, other than long-term debt | 1,080 | 2,074 | 2,739 | 1,170 | 1,226 | ||||
| Deferred revenue | 404 | 728 | |||||||
| Liability, pension and other postretirement and postemployment benefits | 265 | 501 | |||||||
| Other liabilities | 700 | 897 | 1,242 | 923 | 954 | ||||
| Operating lease, liability | 380 | 508 | 269 | 247 | 272 | ||||
| Other undisclosed noncurrent liabilities | (669) | (1,229) | 6,525 | ||||||
| Total noncurrent liabilities: | 2,411 | 2,772 | 2,984 | 1,778 | 1,460 | 6,525 | |||
| Total liabilities: | 63,421 | 67,153 | 68,636 | 67,948 | 63,447 | 13,675 | |||
| Temporary equity, including noncontrolling interest | 212,895 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | (33,789) | (32,534) | (10,074) | (968) | 2,540 | (13,443) | |||
| Common stock | 84,974 | 84,974 | 84,974 | 84,980 | 84,980 | ||||
| Accumulated other comprehensive income (loss) | (1,076) | (885) | (601) | 44 | 236 | ||||
| Accumulated deficit | (221,225) | (199,415) | (151,008) | (117,035) | (86,524) | (13,443) | |||
| Other undisclosed equity, attributable to parent | 103,538 | 82,792 | 56,561 | 31,042 | 3,848 | 1 | |||
| Equity, attributable to noncontrolling interest | (494) | (475) | (426) | (345) | (305) | ||||
| Total equity: | (34,284) | (33,009) | (10,500) | (1,313) | 2,236 | (13,443) | |||
| Other undisclosed liabilities and equity | (0) | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 29,138 | 34,143 | 58,136 | 66,635 | 65,683 | 213,127 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2024 Q3 | 9/30/2024 Q2 | 6/30/2024 Q1 | 3/31/2024 Q4 | 12/31/2023 Q3 | 9/30/2023 Q2 | 6/30/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 11,874 | 8,932 | 10,001 | 15,641 | 15,471 | |||
| Cost of revenue (Cost of Product and Service Sold) | (5,218) | (5,427) | (2,467) | (6,817) | (6,359) | |||
| Gross profit: | 6,656 | 3,504 | 7,534 | 8,825 | 9,112 | |||
| Operating expenses | (35,416) | (70,904) | (144,298) | (46,959) | (23,011) | (2,201) | ||
| Other undisclosed operating income | 5,218 | 37,005 | 101,852 | 6,817 | 6,359 | |||
| Operating loss: | (23,541) | (30,394) | (34,912) | (31,317) | (7,540) | (2,201) | ||
| Nonoperating income (expense) | 1,529 | (17,951) | 921 | 580 | (23,570) | 2,226 | ||
| Investment income, nonoperating | 2,279 | |||||||
| Other nonoperating income (expense) | 3,253 | 22 | 83 | 637 | ||||
| Interest and debt expense | (52) | |||||||
| Loss from continuing operations before income taxes: | (22,013) | (48,346) | (33,991) | (30,737) | (31,110) | (27) | ||
| Income tax expense (benefit) | 181 | (107) | (70) | 127 | (11) | |||
| Net loss: | (21,831) | (48,452) | (34,060) | (30,610) | (31,121) | (27) | ||
| Net income attributable to noncontrolling interest | 21 | 45 | 82 | 41 | 39 | |||
| Other undisclosed net income attributable to parent | 52 | |||||||
| Net income (loss) available to common stockholders, diluted: | (21,810) | (48,407) | (33,979) | (30,570) | (31,082) | 26 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2024 Q3 | 9/30/2024 Q2 | 6/30/2024 Q1 | 3/31/2024 Q4 | 12/31/2023 Q3 | 9/30/2023 Q2 | 6/30/2023 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (21,831) | (48,452) | (34,060) | (30,610) | (31,121) | (27) | ||
| Other comprehensive income (loss) | (285) | (645) | (192) | 339 | ||||
| Comprehensive loss: | (21,831) | (48,737) | (34,705) | (30,803) | (30,782) | (27) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 21 | 45 | 82 | 41 | 39 | |||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 94 | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (21,716) | (48,692) | (34,623) | (30,762) | (30,743) | (27) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.