tradmap

RDZN Financials Roadzen Inc.

4 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 80.7% per year over the past 3 years.

Financial health

  • Total debt ($23M) exceeds cash ($5M); net debt is $18M.
  • Total debt has grown slower than revenue (65.3% vs 80.7% per year).
  • Operating income covered interest expense -608.1× in the latest year.
  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
-$100M -$26M $47M $0 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-213% -76% 61% 0% 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$20M -$10M $0 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $11M $23M 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$19M $3M $25M $0 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $44M -$73M 57.5% -137.3% -$19M $23M $5M
2024 $47M -$100M 61.2% -166.2% -$20M $19M $11M
2023 $14M -$14M 60.1% -85.0% -$8M $8M $589340
2022 $983439 $1M

Valuation over time

How the market has priced RDZN against its own fundamentals since 2023-09 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 19.2 38.5 Sep '23 Feb '24 Jul '24 Dec '24 May '25 Oct '25 Mar '26
P/S

Frequently asked questions

Is RDZN growing its revenue and profit?

Over the past 3 years, Roadzen Inc.'s revenue has grown 80.7% per year. These are computed facts, not advice.

How much debt does RDZN have?

As of FY2025, Roadzen Inc. reported $23M of total debt against $5M of cash; operating income covered interest expense -608.1×.

What is RDZN's profit margin?

In FY2025, gross margin was 57.5%, operating margin -137.3%, and net margin -164.5%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.