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Segment Information
12 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
SEGMENT INFORMATION
20SEGMENT INFORMATION

 

The Group operates in one segment as software solutions provider for the insurance industry. The Group’s chief operating decision maker (the “CODM”) is its Chief Executive Officer. The CODM manages the Group’s operations on a consolidated basis for purposes of allocating resources. When evaluating the Group’s financial performance, the CODM reviews all financial information on a consolidated basis. The majority of the Group’s principal operations and decision-making functions are located in the United States.

 

The following table sets forth revenues by country based on the billing address of the customer:

 

  

Year ended March 31,

2019 

  

Year ended March 13,

2018

  

Year ended March 31,

2017

 
             
USA  $121,732   $108,142   $107,077 
UK   6,299    6,651    8,167 
Canada   568    1,203    1,748 
Ireland   3,482         
Malaysia   5,949    5,248    3,625 
Singapore   1,299    379    59 
India   531    1,362    1,092 
   $139,860   $122,985   $121,768 

 

The following table sets forth the Group’s property and equipment, net by geographic region:

 

   As of March 31, 
   2019   2018 
USA  $892   $1,195 
India   1,705    1,332 
United Kingdom   5    7 
Malaysia   133    205 
Canada   49    16 
Ireland   3     
   $2,787   $2,755 

 

We provide a significant volume of services to many customers. Therefore, a loss of a significant customer could materially reduce our revenues. The Group had one customer for the fiscal year ended March 31, 2019, no customer for the fiscal year ended March 31, 2018 and no customer for the fiscal year ended March 31, 2017 that accounted for 10% or more of total revenue. The Group had one customer as of March 31, 2019 and one customer as of March 31, 2018 that accounted for 10% or more of total accounts receivables and unbilled accounts receivable. Presented in the table below is information about our major customers:

 

   Year ended
March 31,
2019
   Year ended
March 31,
2018
   Year ended
March 31,
2017
 
   Amount   % of
combined
revenue
   Amount   % of
combined
revenue
   Amount   % of
combined
revenue
 
Customer A                        
Revenue  $17,298    12.40%  $11,070    9.0%  $9,160    7.5%
Accounts receivables and unbilled accounts receivable  $9,508    27.3%  $5,240    18.0%  $697    3.4%
Customer B                              
Revenue  $6,539    4.7%  $6,623    5.4%  $6,511    5.3%
Accounts receivables and unbilled accounts receivable  $758    2.2%  $1,000    3.4%  $243    1.2%