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SEGMENT REPORTING (Tables)

6 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables summarize the Company's Statement of Operations by its reportable segments for the periods presented. There are no revenues from transactions between the segments and intercompany balances have been eliminated in disclosures.

			Three months ended September 30, 2025
STATEMENT OF OPERATIONS			Brokerage						Banking						Insurance						Other						Total
Fee and commission income			$	139,225					$	(18,539)					$	—					$	11,552					$	132,238
Net gain on trading securities			12,613						14,901						4,426						5,164						37,104
Interest income			78,164						114,403						17,893						1,202						211,662
Insurance premiums earned, net of reinsurance			—						—						125,228						—						125,228
Net gain/(loss) on foreign exchange operations			4,423						(10,210)						2,118						3,674						5
Net loss on derivative			(29)						(2,263)						—						(871)						(3,163)
Sales of goods and services			—						—						—						19,998						19,998
Other income/(expense)			488						7,430						1,224						(6,107)						3,035
TOTAL REVENUE, NET			234,884						105,722						150,889						34,612						526,107
Fee and commission expense			13,184						7,108						41,322						2,548						64,162
Interest expense			8,659						72,503						1,355						19,742						102,259
Insurance claims incurred, net of reinsurance			—						—						79,923						—						79,923
Payroll and bonuses			32,534						22,695						8,759						29,155						93,143
Professional services			1,869						484						516						7,628						10,497
Stock compensation expense			4,900						2,831						406						7,359						15,496
Advertising and sponsorship expense			9,694						2,548						143						15,117						27,502
General and administrative expense			11,136						14,549						1,985						17,886						45,556
Allowance for/(recovery of) expected credit losses			389						8,516						3,172						(133)						11,944
Cost of sales			—						—						—						15,139						15,139
TOTAL EXPENSE			82,365						131,234						137,581						114,441						465,621
INCOME/(LOSS) BEFORE INCOME TAX			$	152,519					$	(25,512)					$	13,308					$	(79,829)					$	60,486
Income tax (expense)/benefit			(25,885)						(6,554)						(4,797)						15,471						(21,765)
NET INCOME/(LOSS)			$	126,634					$	(32,066)					$	8,511					$	(64,358)					$	38,721

			Six months ended September 30, 2025
STATEMENT OF OPERATIONS			Brokerage						Banking						Insurance						Other						Total
Fee and commission income			$	245,050					$	(27,364)					$	—					$	22,194					$	239,880
Net gain on trading securities			19,676						44,566						8,522						9,942						82,706
Interest income			143,104						230,332						34,393						2,404						410,233
Insurance premiums earned, net of reinsurance			—						—						278,485						—						278,485
Net gain/(loss) on foreign exchange operations			1,978						(24,060)						1,976						7,218						(12,888)
Net gain/(loss) on derivative			21						14,637						—						(2,362)						12,296
Sales of goods and services			—						—						—						37,222						37,222
Other income/(expense)			1,315						13,853						1,532						(5,104)						11,596
TOTAL REVENUE, NET			411,144						251,964						324,908						71,514						1,059,530
Fee and commission expense			23,971						12,711						107,356						4,995						149,033
Interest expense			24,741						151,740						3,984						35,204						215,669
Insurance claims incurred, net of reinsurance			—						—						160,208						—						160,208
Payroll and bonuses			66,727						41,936						16,890						60,691						186,244
Professional services			3,786						679						1,223						17,833						23,521
Stock compensation expense			11,113						5,901						10,857						10,679						38,550
Advertising and sponsorship expense			17,956						3,471						392						30,146						51,965
General and administrative expense			21,924						26,865						4,059						34,683						87,531
(Recovery of)/allowance for expected credit losses			(1,934)						14,140						4,357						203						16,766
Cost of sales			—						—						—						29,042						29,042
TOTAL EXPENSE			168,284						257,443						309,326						223,476						958,529
INCOME/(LOSS) BEFORE INCOME TAX			$	242,860					$	(5,479)					$	15,582					$	(151,962)					$	101,001
Income tax (expense)/benefit			(41,878)						(9,216)						(8,915)						28,125						(31,884)
NET INCOME/(LOSS)			$	200,982					$	(14,695)					$	6,667					$	(123,837)					$	69,117

			Three months ended September 30, 2024
STATEMENTS OF OPERATIONS			Brokerage						Banking						Insurance						Other						Total
Fee and commission income			$	108,640					$	2,198					$	32					$	10,181					$	121,051
Net gain on trading securities			10,095						52,850						3,595						1,777						68,317
Interest income			52,848						141,986						14,265						1,225						210,324
Insurance premiums earned, net of reinsurance			—						—						160,344						—						160,344
Net gain/(loss) on foreign exchange operations			2,386						(1,566)						275						5,384						6,479
Net gain on derivative			455						5,853						—						—						6,308
Sales of goods and services			—						—						—						12,024						12,024
Other income			373						188						(336)						1,067						1,292
TOTAL REVENUE, NET			174,797						201,509						178,175						31,658						586,139
Fee and commission expense			7,964						3,325						74,161						5,387						90,837
Interest expense			18,672						96,454						1,950						7,589						124,665
Insurance claims incurred, net of reinsurance			—						—						66,684						—						66,684
Payroll and bonuses			15,915						23,724						7,755						18,816						66,210
Professional services			1,867						68						430						5,880						8,245
Stock compensation expense			6,282						2,175						1,929						1,670						12,056
Advertising and sponsorship expense			14,702						829						114						16,788						32,433
General and administrative expense			8,695						12,479						7,581						12,101						40,856
Allowance for/(recovery of) expected credit losses			422						10,142						72						(209)						10,427
Cost of sales			—						—						—						5,239						5,239
TOTAL EXPENSE			74,519						149,196						160,676						73,261						457,652
INCOME/(LOSS) BEFORE INCOME TAX			$	100,278					$	52,313					$	17,499					$	(41,603)					$	128,487
Income tax (expense)/benefit			(14,631)						(6,643)						(2,709)						9,984						(13,999)
NET INCOME/(LOSS)			$	85,647					$	45,670					$	14,790					$	(31,619)					$	114,488

			Six months ended September 30, 2024
STATEMENTS OF OPERATIONS			Brokerage						Banking						Insurance						Other						Total
Fee and commission income			$	206,583					$	4,994					$	147					$	24,816					236,540
Net gain/(loss) on trading securities			10,969						2,843						3,734						(1,331)						16,215
Interest income			115,637						288,049						29,964						2,678						436,328
Insurance premiums earned, net of reinsurance			—						—						289,752						—						289,752
Net gain/(loss) on foreign exchange operations			12,343						(21,261)						1,395						22,091						14,568
Net gain on derivative			1,331						17,471						—						—						18,802
Sales of goods and services			—						—						—						17,244						17,244
Other income			2,850						615						446						7,778						11,689
TOTAL REVENUE, NET			349,713						292,711						325,438						73,276						1,041,138
Fee and commission expense			13,641						5,851						139,048						12,444						170,984
Interest expense			53,293						196,341						5,833						14,916						270,383
Insurance claims incurred, net of reinsurance			—						—						113,993						—						113,993
Payroll and bonuses			41,166						29,841						14,616						38,111						123,734
Professional services			4,256						164						707						10,386						15,513
Stock compensation expense			11,597						4,131						2,804						4,139						22,671
Advertising and sponsorship expense			26,646						1,893						464						25,326						54,329
General and administrative expense			18,908						24,864						12,799						24,695						81,266
Allowance for/(recovery of) expected credit losses			93						9,021						397						(854)						8,657
Cost of sales			—						—						—						9,523						9,523
TOTAL EXPENSE			169,600						272,106						290,661						138,686						871,053
INCOME/(LOSS) BEFORE INCOME TAX			$	180,113					$	20,605					$	34,777					$	(65,410)					$	170,085
Income tax (expense)/benefit			(24,835)						(3,418)						(6,184)						13,099						(21,338)
NET INCOME/(LOSS)			$	155,278					$	17,187					$	28,593					$	(52,311)					$	148,747

The following tables summarize the Company's total assets and total liabilities by its business segments as of the dates presented. Intercompany balances have been eliminated for separate disclosure.

			September 30, 2025
			Brokerage						Banking						Insurance						Other						Total
Total assets			$	5,074,695					$	4,019,152					$	735,227					$	520,695					$	10,349,769
Total liabilities			4,036,468						3,590,393						576,948						924,738						9,128,547
Net assets			$	1,038,227					$	428,759					$	158,279					$	(404,043)					$	1,221,222

			March 31, 2025
			Brokerage						Banking						Insurance						Other						Total
Total assets			$	4,344,555					$	4,441,315					$	712,352					$	415,795					$	9,914,017
Total liabilities			3,588,781						3,936,900						571,335						602,643						8,699,659
Net assets			$	755,774					$	504,415					$	141,017					$	(186,848)					$	1,214,358

The following table presents revenues for the three and six months ended September 30, 2025 and 2024, and long-lived assets as of September 30, 2025 and March 31, 2025, classified by the major geographic areas based on subsidiaries' location.

			Three months ended September 30, 2025
Revenue			Brokerage						Banking						Insurance						Other						Total
Kazakhstan			$	145,659					$	105,645					$	150,889					$	24,590					$	426,783
Armenia			55,904						—						—						—						55,904
Cyprus			29,582						—						—						5,561						35,143
US			892						—						—						3,273						4,165
Other			2,847						77						—						1,188						4,112
TOTAL REVENUE, NET			$	234,884					$	105,722					$	150,889					$	34,612					$	526,107

			Six months ended September 30, 2025
Revenue			Brokerage						Banking						Insurance						Other						Total
Kazakhstan			$	259,094					$	251,803					$	324,908					$	52,544					$	888,349
Armenia			99,565						—						—						—						99,565
Cyprus			46,847						—						—						8,752						55,599
US			1,801						—						—						8,145						9,946
Other			3,837						161						—						2,073						6,071
TOTAL REVENUE, NET			$	411,144					$	251,964					$	324,908					$	71,514					$	1,059,530

			Three months ended September 30, 2024
Revenue			Brokerage						Banking						Insurance						Other						Total
Kazakhstan			$	124,242					$	201,509					$	178,175					$	24,005					$	527,931
Armenia			33,273						—						—						—						33,273
Cyprus			15,931						—						—						1,078						17,009
US			575						—						—						5,770						6,345
Other			776						—						—						805						1,581
TOTAL REVENUE, NET			$	174,797					$	201,509					$	178,175					$	31,658					$	586,139

			Six months ended September 30, 2024
Revenue			Brokerage						Banking						Insurance						Other						Total
Kazakhstan			$	253,453					$	292,711					$	325,438					$	44,792					$	916,394
Armenia			61,169						—						—						—						61,169
Cyprus			32,629						—						—						28						32,657
US			1,400						—						—						27,762						29,162
Other			1,062						—						—						694						1,756
TOTAL REVENUE, NET			$	349,713					$	292,711					$	325,438					$	73,276					$	1,041,138

			September 30, 2025
Long-lived assets			Brokerage						Banking						Insurance						Other						Total
Fixed assets, net			$	20,241					$	74,363					$	6,284					$	162,942					$	263,830
Right-of-use assets			17,949						8,274						2,205						8,675						37,103
TOTAL LONG-LIVED ASSETS			$	38,190					$	82,637					$	8,489					$	171,617					$	300,933
Kazakhstan			12,280						81,565						8,489						139,862						242,196
Cyprus			14,661						—						—						28,001						42,662
US			3,931						—						—						2,414						6,345
Armenia			5,946						—						—						—						5,946
Other			1,372						1,072						—						1,340						3,784
TOTAL LONG-LIVED ASSETS			$	38,190					$	82,637					$	8,489					$	171,617					$	300,933

			March 31, 2025
Long-lived assets			Brokerage						Banking						Insurance						Other						Total
Fixed assets, net			$	20,713					$	53,716					$	2,461					$	114,213					$	191,103
Right-of-use assets			21,101						7,684						2,532						8,511						39,828
TOTAL LONG-LIVED ASSETS			$	41,814					$	61,400					$	4,993					$	122,724					$	230,931
Kazakhstan			15,241						60,863						4,993						97,608						178,705
Cyprus			15,178						—						—						21,791						36,969
US			4,220						—						—						2,389						6,609
Armenia			6,082						—						—						—						6,082
Other			1,093						537						—						936						2,566
TOTAL LONG-LIVED ASSETS			$	41,814					$	61,400					$	4,993					$	122,724					$	230,931

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- References

No definition available.

+ Details

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