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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:      
Net income (loss) $ (5,969,348) $ 1,051,539 $ 3,397,743
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Depreciation 33,904 28,518 25,496
Amortization of right-of-use assets 141,986 115,979 95,449
Allowance for expected credit loss 2,839,907 170,643
Impairment of long-term investment 256,420
Share-based compensation 72,223 48,603 50,137
Unrealized gain from foreign exchange forward contract (468,919)
Interest income from loan business (832,724) (236,556)
Unrealized gain from available-for-sale investments 23,464 8,138
Change in operating assets and liabilities:      
Receivables from customers 434,315 263,840 (2,550,987)
Loans receivable from customers (99,054) 3,348,289 (3,855,220)
Receivables from customers – related party 1,554,623 (179,562) (1,523,259)
Receivables from broker-dealers and clearing organizations (7,983,468) (780,485) (859,053)
Securities owned, at fair value 417,190 1,702,194 (1,453,660)
Other assets 245,047 677 140,566
Payable to customers 587,492 6,701,853 298,172
Payables to holders of structured notes (6,139,179) 6,139,179
Payables to customers – related party   (56,215)
Accrued expenses and other liabilities (54,194) 12,483 357,681
Income tax recoverable and payable 146,103 (63,692) 5,869
Lease liabilities (145,928) (104,277) (104,170)
Net cash provided by (used in) operating activities (14,471,221) 17,758,444 (6,031,451)
Cash flows from investing activities:      
Purchases of fixed assets (3,234) (6,063) (86,443)
Purchase of long-term investment in equity investees (1,900,000) (1,747,784) (256,420)
Deposits for long-term investment (500,000)
Payments for acquisition of net asset under common control (500,000)
Payments of deposits for acquisition of net asset under common control (200,000)
Loans made to third parties (5,000,000)
Collection of loans from third parties 5,000,000
Originated loans disbursements to customers (6,958,431) (4,026,340)
Investment in available-for-sale investment (1,000,000)
Net cash used in investing activities (9,361,665) (1,280,187) (6,542,863)
Cash flows from financing activities:      
Proceeds from issuance of common shares pursuant to IPO, net of issuance cost 22,650,871
Proceeds from issuance of common shares pursuant to a private placement, net of issuance cost 4,389,992
Payments for repurchase of warrants (150,000)
Net cash provided by financing activities 4,389,992 22,500,871
Net changes in cash, cash equivalents and restricted cash (23,832,886) 20,868,249 9,926,557
Cash, cash equivalents and restricted cash, beginning of year 38,697,093 17,845,893 7,956,759
Effect of exchange rates on cash, cash equivalents and restricted cash 310,729 (17,049) (37,423)
Cash, cash equivalents and restricted cash, end of year 15,174,936 38,697,093 17,845,893
Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheets      
Cash and cash equivalents 12,227,380 25,919,945 15,966,421
Restricted cash 2,947,556 12,777,148 1,879,472
Total cash, cash equivalents, and restricted cash 15,174,936 38,697,093 17,845,893
Non-cash operating, investing and financing activities      
Right of use assets obtained in exchange for operating lease obligations 327,975 28,510 9,858
Accrual of repurchase of warrants 150,000
Supplemental disclosures of cash flow information:      
Cash paid for interest
Cash paid for taxes, net of refunds $ 713 $ 25,652