Adjusted EBITDA loss narrowed 47% and net loss fell 43% year-over-year, as contribution margin expanded to 55% and contribution profit per booking rose 30%. Bookings declined 8% due to reduced marketing, but repeat users and profitability improved.Original document: Zoomcar Holdings, Inc. [ZCAR] SE…
Adjusted EBITDA loss narrowed 47% and net loss fell 43% year-over-year, as contribution margin expanded to 55% and contribution profit per booking rose 30%. Bookings declined 8% due to reduced marketing, but repeat users and profitability improved.
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