Roadzen (NASDAQ:RDZN) Full Year 2024 Results

Key Financial Results

• Revenue: US$46.7m (up 245% from FY 2023).

• Net loss: US$99.7m (loss widened by US$85.5m from FY 2023).

• US$2.26 loss per share.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Roadzen Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 15%.

Looking ahead, revenue is forecast to grow 32% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are up 30% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Roadzen (2 are significant!) that we have uncovered.

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