Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Ridesharing rules Zoomcar Reports Significant Profitability Improvement in its Second Quarter Financial 2024 Results
BANGALORE, India, Nov. 14, 2024 /PRNewswire/ -- Zoomcar Holdings, Inc. (NASDAQ: ZCAR) ('Zoomcar,' or 'we,' or 'our'), the leading marketplace for car sharing in India, today announced results for its second quarter ended September 30, 2024.
Hiroshi Nishijima, CEO of Zoomcar stated, "By making customer experience our top priority, we've been able to organically boost guest repeat bookings and improve host retention. This focus has allowed us to optimize costs, particularly in marketing spend, cash incentives, and discounts, driving a significant improvement in our contribution profit. With a stronger contribution margin, our primary goal is now to grow the number of bookings by bringing in more Guests and achieving more frequent repeat usage. Despite shorter average booking durations, our contribution margin remains robust, making the total number of bookings our most critical metric."
Key Highlights:
Doing some ride sharing to the Egyptian pyramids
$ZCAR - Gain: 228% #DDAmanda Video Analysis - #1 Stock Screener / Scanner
Questions/Support: 760 702-2009 - Hans@DDAmanda.com
Video:
$ZCARW gonna go parabolic warrants can hit forty cents easily!
Ready off bottom $7.66 67m float
Another pick another downward trend 🤓
Zoomcar Partners with Mappls to Revolutionize Road Trips and Travel with AI-Powered Integration
Sure Hope So... do u know when their earnings is due to be reported, by chance?
ZCAR.....Down 25% here. We'll see if bottom is in within a few days.
Stay away what comes across as like fluff news, that will usually bring a short lived pump,that the creeps of Wall Street will go into full criminal mode and naked short them back down.
Hmmm so if that’s the case, we can still make our profits tho right? Is there a technique you use to differentiate which premarket movers to avoid? Like on Monday cslr was kinda a trap
Could also just be holiday sellathon.
Trade as you wil
Guessing this will settle around 14ce t or lower considering the notes are convertible around there as well... looking at 2 to 6 months for that clear. Depending on any other good news
Was really hoping for a nice constant flow upward.
In due time
Same BS just a different day, a small stock runs up premarket,and the scm bag Wall Street criminals, along with the corrupt hedge funds naked short it back down with their criminal algo programs machines, and rip off the public so they cover 30%+ off the day highs,that's how a criminal enterprise operates with their SEC friends looking the other way.
wondering how?
Overall Risk
Low
Offering Ability
Low
Overhead Supply
Low
Historical
Low
https://dilutiontracker.com/app/search/ZCAR?a=dbb88c
More dilution, oh oh. MMs unloading after hours so that they can short it is my take.
Ok, thanks! I’ve just started doing my own DD, reading the filings etc. and already seen a lot of dilution as you said.
But I’ve got this message also from an other platform:
“The main trigger for ZCAR is the release of strong recent financial results and promising future outlook. Additionally, there are rumors of new strategic partnerships and expansion into international markets, which bolster expectations of significant value growth”
Any truth in it?
Based on what? They diluted this down to .13
Hi guys! What’s your PT here? Some people claim 10x up from the current level! 😱
ZCAR..................https://stockcharts.com/h-sc/ui?s=ZCAR&p=W&b=5&g=0&id=p86431144783
Getting hot in AH
Charles Schwab having issues. Won’t let me long on. Says try back later.
ZCAR Total Authorized Shares 250 millions. Which is pretty low. I’m hoping the Fins get released this week.
I just read another estimate earnings day saying between July 22 and July 24. I hope it’s not that long.