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v3.22.1

Consolidated Statements of Loss and Comprehensive Loss - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Mar. 31, 2022 | Mar. 31, 2021
Profit or loss [abstract] |  |
Revenues | $ 548,372 | $ 221,728
Direct cost of revenues | 277,199 | 94,059
Gross profit | 271,173 | 127,669
Operating expenses |  |
General and administrative | 95,253 | 53,035
Research and development | 121,150 | 55,303
Sales and marketing | 216,659 | 96,900
Depreciation of property and equipment | 4,993 | 2,479
Depreciation of right-of-use assets | 7,743 | 3,876
Foreign exchange loss | 611 | 2,098
Acquisition-related compensation | 50,491 | 11,807
Amortization of intangible assets | 91,812 | 30,128
Restructuring | 803 | 1,760
Total operating expenses | 589,515 | 257,386
Operating loss | (318,342) | (129,717)
Net interest income (expense) | 2,988 | (353)
Loss before income taxes | (315,354) | (130,070)
Income tax expense (recovery) |  |
Current | 1,103 | 166
Deferred | (28,024) | (5,958)
Total income tax recovery | (26,921) | (5,792)
Net loss | (288,433) | (124,278)
Other comprehensive income (loss) |  |
Foreign currency differences on translation of foreign operations | (7,061) | 15,986
Change in net unrealized gain on cash flow hedging instruments | 23 | 0
Other comprehensive loss | (7,038) | 15,986
Total comprehensive loss | $ (295,471) | $ (108,292)
Basic net loss per share (in USD per share) | $ (2.04) | $ (1.18)
Diluted net loss per share (in USD per share) | $ (2.04) | $ (1.18)

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