Annual report [Section 13 and 15(d), not S-K Item 405]

MARGIN LENDING AND TRADE PAYABLES

v3.25.1
MARGIN LENDING AND TRADE PAYABLES
 12 Months Ended
Mar. 31, 2025
Accounts Payable [Abstract]  
MARGIN LENDING AND TRADE PAYABLES MARGIN LENDING AND TRADE PAYABLES
As of March 31, 2025 and 2024, margin lending and trade payables of the Group were comprised of the following:
March 31, 2025 March 31, 2024
Margin lending payable $ 1,290,569  $ 839,454 
Payables to suppliers of goods and services 20,096  10,525 
Payables to merchants 5,982  13,475 
Other 5,594  4,426 
Total margin lending and trade payables $ 1,322,241  $ 867,880 
The fair value of collateral by the Group under margin loans as of March 31, 2025, and 2024 was $4,521,411 and $2,400,361, respectively.