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Consolidated and Combined Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2017
Net cash used from operating activities      
Net income (loss) $ 6,925 $ (5,001) $ (922)
Adjustments to reconcile net (loss) to net cash provided by operating activities:      
Depreciation and amortization 4,245 4,848 4,720
Share based compensation expenses 2,941 3,253 1,578
Exchange gain on payment of Exaxe acquisition (169)
Impairment of goodwill 60
Provision for doubtful receivables 427 335 984
Profit on sale of fixed assets (9)
Deferred tax (benefit) (301) (1,300) (429)
Accounts receivables 2,271 (6,767) 9,049
Unbilled accounts receivable (8,619) (1,216) (1,399)
Prepaid expenses and other current and non-assets (6,130) (3,284) 428
Accounts payable (312) (570) (751)
Accrued expenses and other liabilities - Others 8,963 7,130 (1,459)
Deferred revenue (1,344) 1,179 (215)
Other liabilities (1,145) (1,257) (1,283)
Net cash provided by/(used in) operating activities 7,743 (2,650) 10,361
Cash flows from investing activities:      
Purchase of property and equipment (1,690) (1,166) (2,104)
Purchase of intangible assets (8) (532) (955)
Sale of tangible assets 19 40 139
Consideration paid for acquisition of Exaxe Holdings Ltd (6,938)
Sale/(Purchase) of investments (28,108) 869 (223)
(Increase)/decrease in restricted cash (3) 1
Net cash used in investing activities (36,728) (789) (3,142)
Cash flows from financing activities:      
Payment of capital lease obligation (203) (395) 318
Repayment of term loan (8,333) 4,709 13,404
Repayment of working capital loan (4,752) (3,624) (14,553)
Proceeds from right issue of shares 43,477
Proceeds from share issued to employees 738
Net cash provided by/(used in) financing activities 30,927 690 (831)
Effect of foreign exchange rate changes on cash and cash equivalents and restricted cash 225 266 (477)
Net increase/(decrease) in cash and cash equivalents and restricted cash 2,167 (2,483) 5,911
Cash and cash equivalents, beginning of the period and restricted cash 9,205 11,688 5,777
Cash and cash equivalents at end of the period and restricted cash 11,372 9,205 11,688
Supplementary disclosure of non-cash items      
Cash paid for interest 450 491 591
Cash paid for income taxes (net of refunds received) 3,165 3,235 614
Supplementary disclosure of non-cash items      
Non-cash items - Assets acquired under capital leases $ 484