Press Release: Zoomcar Reports Significant Profitability Improvement in its Second Quarter Financial 2024 Results

Dow Jones
14 Nov 2024

We define contribution profit (loss) as our gross profit plus (a) depreciation expense included in cost of revenue, (b) stock-based compensation expense included in cost of revenue, (c) other general costs included in cost of revenue (rent, software support, insurance, travel); less (i) Host incentive payments and (ii) marketing and promotional expenses (excluding brand marketing).

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SOURCE Zoomcar

 

(END) Dow Jones Newswires

November 14, 2024 04:17 ET (09:17 GMT)

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