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Net Income / (loss) per Share
6 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Net Income / (loss) per Share

Note 15 - Net Income / (loss) per Share

 

Basic net income / (loss) per share (“EPS”) attributable to Class A ordinary shareholders is calculated by dividing net income / (loss) attributable to Class A ordinary shareholders by the weighted number of Class A ordinary shares outstanding during the reporting period. Diluted EPS is computed using the weighted number of Class A ordinary shares and, when dilutive, potential outstanding shares during the period.

 

The Company’s Class V ordinary share does not participate in the earnings or losses of the Company and are therefore not participating securities. As such, separate presentation of basic and diluted net income / (loss) per Class V ordinary share under the two-class method has not been presented.

 

The following table sets forth the computation of basic and diluted net income / (loss) per share for the period three months ended September 30, 2025 and September 30, 2024 (in thousands, except share and per share amounts):

 

                               
    Three Months Ended
September 30,
    Six Months Ended
September 30,
 
    2025     2024     2025     2024  
Net Income / (Loss) attributable to controlling interest for the period for Basic and Dilutive Earning per share (A)   $ 247   $ (2,190 )   $ 1,761     $ (17,011 )
Weighted average shares outstanding of Class A ordinary shares, basic and diluted (B)     47,309,264       44,356,074       47,231,373       41,121,826  
                                 
Earning / (Loss) per share:                                
Basic and Diluted (A/B)   $ 0.01     $ (0.05 )   $ 0.04     $ (0.42 )