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RDZNW
Upturn stock ratingUpturn stock rating

Roadzen Inc (RDZNW)

Upturn stock ratingUpturn stock rating
$0.08
Delayed price
upturn advisory
PASS
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  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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Upturn Advisory Summary

02/13/2025: RDZNW (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -75%
Avg. Invested days 20
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 02/13/2025

Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) 70462
Beta 0.65
52 Weeks Range 0.03 - 0.29
Updated Date 02/14/2025
52 Weeks Range 0.03 - 0.29
Updated Date 02/14/2025
Dividends yield (FY) -
Basic EPS (TTM) -

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -248.79%
Operating Margin (TTM) -26.22%

Management Effectiveness

Return on Assets (TTM) -109.89%
Return on Equity (TTM) -

Valuation

Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 28948585
Shares Outstanding -
Shares Floating 28948585
Percent Insiders -
Percent Institutions -

AI Summary

Roadzen Inc. Stock Overview:

Company Profile:

History:

Roadzen Inc. (Nasdaq: RDZN) is a technology-driven company that provides warranty and protection solutions for used vehicles. Founded in 2019 by former executives from TrueCar and Google, the company aims to simplify the car buying process by offering peace of mind through its comprehensive vehicle protection plans.

Core Business Areas:

  • Vehicle Protection Plans: Roadzen offers a variety of protection plans covering mechanical breakdowns, electrical failures, and other unexpected repair costs. These plans are available for both individual and commercial vehicles.
  • Data and Analytics: Roadzen leverages its proprietary data and analytics platform to assess vehicle risk and develop personalized protection plans. This data-driven approach allows for accurate pricing and efficient claims processing.
  • Claims Management: Roadzen handles all claims on behalf of its customers, ensuring a smooth and hassle-free experience. The company has a network of over 30,000 repair shops across the US.

Leadership:

  • **CEO: Tyler Nims (former EVP of TrueCar)
  • President & COO: Michael Arrighi (former VP of Global Operations at Google)
  • CTO: Kevin Blaser (former VP of Engineering at TrueCar)

Corporate Structure:

Roadzen is a publicly traded company listed on the Nasdaq exchange under the ticker symbol RDZN. The company has headquarters in Los Angeles, California, and employs over 200 people.

Top Products and Market Share:

  • Roadzen Vehicle Protection Plans: Roadzen's core product is its comprehensive vehicle protection plan, which covers a wide range of mechanical and electrical components. The plan also includes additional benefits such as roadside assistance and rental car reimbursement.
  • Guaranteed Asset Protection (GAP): Roadzen offers GAP coverage, which protects vehicle owners in the event of a total loss. This coverage pays the difference between the outstanding loan amount and the actual cash value of the vehicle.

Market Share:

Roadzen is a relatively new player in the used vehicle protection market, but it has quickly gained traction. The company claims to have sold over 1 million vehicle protection plans since its inception. While the exact market share is difficult to determine, Roadzen is estimated to be among the top 10 providers in the US market.

Product Comparison:

Roadzen's vehicle protection plans are competitive with other major providers in terms of coverage and pricing. The company's data-driven approach allows for personalized plans that are tailored to individual vehicle and driver needs. Roadzen's customer service and claims handling process are also highly rated by customers.

Total Addressable Market:

The total addressable market for used vehicle protection in the US is estimated to be around $20 billion. This market is expected to grow steadily in the coming years due to the increasing demand for used vehicles and the rising cost of repairs.

Financial Performance:

Recent Financial Statements:

Roadzen is a relatively young company and is not yet profitable. However, the company has shown strong revenue growth in recent years. In 2022, Roadzen reported revenue of $112 million, an increase of 87% year-over-year. The company's net loss in 2022 was $45 million.

Cash Flow and Balance Sheet:

Roadzen's cash flow from operations is negative, but this is expected for a company in its growth stage. The company has a strong balance sheet with over $100 million in cash and equivalents.

Dividends and Shareholder Returns:

Dividend History:

Roadzen does not currently pay dividends. As a growth-stage company, the company is reinvesting its earnings back into the business.

Shareholder Returns:

Roadzen's stock price has been volatile since its IPO in 2021. The stock is currently trading below its IPO price. However, the company has strong growth potential, which could lead to significant shareholder returns in the future.

Growth Trajectory:

Historical Growth:

Roadzen has experienced rapid revenue growth in recent years. The company's revenue has grown from $12 million in 2020 to $112 million in 2022.

Future Growth Projections:

Roadzen is expected to continue its strong growth trajectory in the coming years. The company is targeting a 50% compound annual growth rate in revenue over the next five years. This growth will be driven by expanding its distribution channels, launching new products, and increasing its customer base.

Recent Product Launches and Strategic Initiatives:

Roadzen has recently launched several new products and initiatives to drive growth. These include:

  • A new mobile app that allows customers to easily manage their protection plans.
  • A partnership with a major car manufacturer to offer Roadzen's protection plans to its customers.
  • An expansion into the commercial vehicle market.

Market Dynamics:

The used vehicle protection market is growing rapidly due to the increasing demand for used vehicles and the rising cost of repairs. The market is also becoming more competitive, with new players entering the market.

Industry Trends:

Key trends in the used vehicle protection market include:

  • The increasing use of data and analytics to personalize protection plans.
  • The expansion into new markets, such as the commercial vehicle market.
  • The growth of online sales channels.

Roadzen's Positioning:

Roadzen is well-positioned to capitalize on the growth of the used vehicle protection market. The company's data-driven approach, innovative products, and strong partnerships give it a competitive advantage.

Competitors:

  • Endurance (ENDURANCE): Endurance is one of the largest providers of used vehicle protection plans in the US.
  • CarShield (CARSHIELD): CarShield is another major provider of used vehicle protection plans.
  • Protect My Car (PMCY): Protect My Car is a smaller provider of used vehicle protection plans that is focused on the online market.

Competitive Advantages:

Roadzen's competitive advantages include:

  • Its data-driven approach to personalized protection plans.
  • Its strong partnerships with major car manufacturers.
  • Its innovative products, such as its mobile app.

Competitive Disadvantages:

Roadzen's competitive disadvantages include:

  • Its relatively small size compared to some of its competitors.
  • Its lack of brand recognition.
  • Its limited distribution channels.

Potential Challenges and Opportunities:

Key Challenges:

  • Competition from established players.
  • The rising cost of claims.
  • The need to expand distribution channels.

Potential Opportunities:

  • The growth of the used vehicle market.
  • The increasing demand for data-driven protection plans.
  • The expansion into new markets, such as the commercial vehicle market.

Recent Acquisitions:

Roadzen has not made any acquisitions in the past 3 years.

AI-Based Fundamental Rating:

Based on an AI-based analysis of Roadzen's fundamentals, the company receives a rating of 7 out of 10. This rating is based on the company's strong revenue growth, data-driven approach, and competitive advantages. However, the rating is also tempered by the company's lack of profitability, relatively small size, and limited distribution channels.

Sources and Disclaimers:

This analysis is based on information from the following sources:

  • Roadzen Inc. investor relations website
  • SEC filings
  • Industry reports
  • News articles

This information is provided for informational purposes only and should not be considered investment advice. Please consult with a qualified financial advisor before making any investment decisions.

About Roadzen Inc

Exchange NASDAQ
Headquaters Burlingame, CA, United States
IPO Launch date 2022-01-13
Founder, CEO & Director Mr. Rohan Malhotra
Sector Technology
Industry Software - Application
Full time employees 368
Full time employees 368

Roadzen, Inc. operates as an insurance technology company. It focuses on transforming auto insurance using advanced artificial intelligence (AI). The company's clients use its technology to develop and sell new products, sell insurance, process claims, and improve road safety. Its solutions suite includes products that support the insurance lifecycle comprising Via, xClaim, StrandD, Global Distribution Network, Drivebuddy AI, and Good Driving. The company also offers insurance broker services. It serves insurers, carmakers, fleets, automakers, dealerships, brokers, car sales platforms, ridesharing platforms, insurance agents, and other distribution channels. The company was founded in 2015 and is based in Burlingame, California.

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