Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.24.3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 6 Months Ended
Sep. 30, 2024
Accounting Policies [Abstract]  
Schedule of Revenue by Major Customers by Reporting Segments
Revenues from one customer of the Group’s Brokerage segment represented the following amount of the Group’s consolidated revenues:
Three Months Ended
September 30, 2024
Three Months Ended
September 30, 2023
Six Months Ended
September 30, 2024
Six Months Ended
September 30, 2023
Single non-related party
 $ 79,011  $ 69,882  $ 163,284  $ 104,956 
Schedule of changes in the carrying amount of goodwill
The changes in the carrying amount of goodwill for three months ended September 30, 2024 and 2023, were as follows:
Brokerage
Bank
 Insurance Other Total
Goodwill, gross
Balance as of March 31, 2023 $ 2,677  $ 2,652  $ 980  $ 8,715  $ 15,024 
Write-off due to deconsolidation of Freedom UA —  —  —  (832) (832)
Foreign currency translation difference (50) 93  —  —  43 
Acquired —  —  —  37,320  37,320 
Balance as of September 30, 2023 $ 2,627  $ 2,745  $ 980  $ 45,203  $ 51,555 
Balance as of March 31, 2024 $ 2,688  $ 2,746  $ 1,040  $ 46,174  $ 52,648 
Forex (75) (6) (75) (2,703) (2,859)
Acquired —  —  —  3,377  3,377 
Balance as of September 30, 2024 $ 2,613  $ 2,740  $ 965  $ 46,848  $ 53,166 
Accumulated impairment
Balance as of March 31, 2023 $ —  $ —  $ —  $ 832  $ 832 
Impairment expense —  —  —  —  — 
Write-off due to deconsolidation of Freedom UA —  —  —  (832) (832)
Balance as of September 30, 2023 $ —  $ —  $ —  $ —  $ — 
Balance as of March 31, 2024 $ —  $ —  $ —  $ —  $ — 
Impairment expense —  —  —  —  — 
Balance as of September 30, 2024 $ —  $ —  $ —  $ —  $ — 
Goodwill, net of impairment
Balance as of September 30, 2023 $ 2,627  $ 2,745  $ 980  $ 45,203  $ 51,555 
Balance as of March 31, 2024 $ 2,688  $ 2,746  $ 1,040  $ 46,174  $ 52,648 
Balance as of September 30, 2024 $ 2,613  $ 2,740  $ 965  $ 46,848  $ 53,166