| Schedule of fees and commission income/(expense) |
As of March 31, 2022 and 2021, fee and commission income/expense of the Company included the following:
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Year ended
March 31, 2022
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Year ended
March 31, 2021
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Year ended
March 31, 2020
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(restated) |
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(restated) |
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(restated) |
| Fee and commission income: |
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| Brokerage services |
$ |
319,015 |
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$ |
204,057 |
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$ |
60,130 |
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| Bank services |
6,727 |
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|
699 |
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— |
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| Underwriting services |
5,963 |
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6,451 |
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1,031 |
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| Other commission income |
3,739 |
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4,789 |
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31 |
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| Total fee and commission income |
$ |
335,444 |
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$ |
215,996 |
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$ |
61,192 |
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| Fee and commission expense: |
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| Brokerage services |
$ |
61,941 |
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$ |
62,487 |
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$ |
18,314 |
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| Bank services |
7,546 |
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1,653 |
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158 |
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| Stock exchange services |
1,669 |
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|
807 |
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|
466 |
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| Central Depository services |
329 |
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247 |
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399 |
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| Other commission expense |
1,758 |
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784 |
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78 |
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| Total fee and commission expense |
$ |
73,243 |
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$ |
65,978 |
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$ |
19,415 |
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