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Consolidated Statements of Income and Comprehensive Income - USD ($)
12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2021
Revenues      
Total revenues $ 9,695,402 $ 7,820,395 $ 16,906,372
Expenses      
Commission expenses 2,818,124 2,728,389 10,263,351
Compensation and benefits 1,010,460 562,297 690,867
Communications and technology 775,464 428,445 200,715
Occupancy 124,792 129,064 132,220
Travel and business development 188,963 53,337 16,880
Professional fees 1,207,552 271,477 382,827
Other administrative expenses 140,784 67,434 104,077
Total expenses 6,266,139 4,240,443 11,790,937
Income before income taxes 3,429,263 3,579,952 5,115,435
Income tax expense 31,520 88,647 70,765
Net income 3,397,743 3,491,305 5,044,670
Other comprehensive income (loss)      
Total foreign currency translation adjustment 115,501 (50,390) (20,245)
Total comprehensive income $ 3,513,244 $ 3,440,915 $ 5,024,425
Earnings per share:      
Earnings per share basic and diluted (in Dollars per share) [1] $ 0.1 $ 0.12 $ 0.17
Dividend per share      
Dividend per share basic and diluted (in Dollars per share) [1] $ 0 $ 0 $ 0.16
Weighted average number of ordinary shares outstanding:      
Weighted average number of ordinary shares outstanding basic and diluted (in Shares) [1] 34,165,920 30,000,000 30,000,000
Futures Brokerage Commissions      
Revenues      
Total revenues $ 4,312,075 $ 4,287,038 $ 16,085,815
Trading Solution Service Revenues      
Revenues      
Total revenues 4,396,207 3,309,288
Structure Note Subscription Fees      
Revenues      
Total revenues 734,317 78,311
Other Service Revenues      
Revenues      
Total revenues 294,083 280,677 277,937
Trading Gains (losses)      
Revenues      
Total revenues 193,926 (794,460) 387,057
Interest Income and Other      
Revenues      
Total revenues $ 499,111 $ 3,535 $ 77,252
[1] Retrospectively restated for effect of share reorganization (see Note 11).