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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Mar. 31, 2020
Revenue      
Total revenue $ 143,294 $ 126,894 $ 145,650
Cost of revenue      
Total cost of revenue 51,859 43,865 53,015
Gross profit 91,435 83,029 92,635
Operating expenses      
Sales and marketing 15,436 11,344 13,324
Administration and other 61,550 53,487 58,263
Total operating expenses 76,986 64,831 71,587
Income from operations 14,449 18,198 21,048
Other expense 574 897 299
Net interest income/(expense) (510) (72) 67
Income before income tax expense 13,365 17,229 20,816
Income tax expense 4,418 2,634 9,829
Net income 8,947 14,595 10,987
Less: Net income attributable to non-controlling interest 0 0 0
Net Income (Loss) Attributable to Parent, Total $ 8,947 $ 14,595 $ 10,987
Net income per ordinary share      
Basic (in dollars per share) $ 0.02 $ 0.03 $ 0.02
Diluted (in dollars per share) 0.02 0.03 0.02
Net income per American Depository Share      
Basic (in dollars per AD share) 0.41 0.66 0.50
Diluted (in dollars per AD share) $ 0.40 $ 0.65 $ 0.48
Ordinary shares      
Weighted average (in shares) 551,923 549,415 553,653
Diluted weighted average (in shares) 563,958 560,624 567,879
American Depository Shares      
Weighted average (in shares) 22,077 21,977 22,146
Diluted weighted average (in shares) 22,558 22,425 22,715
Subscription      
Revenue      
Total revenue $ 123,573 $ 113,351 $ 127,570
Cost of revenue      
Total cost of revenue 36,683 33,414 39,828
Hardware and other      
Revenue      
Total revenue 19,721 13,543 18,080
Cost of revenue      
Total cost of revenue $ 15,176 $ 10,451 $ 13,187