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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Mar. 31, 2017
Accounting Policies [Abstract]  
Schedule of Provision for Doubtful Debts Based on Period Outstanding

The Company is in the practice of provisioning for doubtful debts based on the period outstanding as per the following:

 

 

Trade receivables outstanding:

  Provision  
Over 24 months     100 %
Over 18 months     50 %
Over 15 months     25 %
Over 12 months     10 %
Over 9 months     5 %

Schedule of Estimated Useful Lives of Fixed Assets

Useful lives of the fixed assets are as follows:

 

Furniture & Fittings   5 years
Improvements to lease hold assets   Lease term
Office equipment   5 years
Computer equipment (Data Processing Equipment)   3 years
Website development   4 years

Schedule of Concentrations of Revenue

For the years ended March 31, 2017 and 2016, the Company had following concentrations of revenues with customers:

 

Customer   March 31, 2017     March 31, 2016  
             
Megamedia     35.72 %     32.96 %
DEN Networks     33.74 %     27.12 %
Hutchison     7.45 %     14.36 %
Topas TV     7.23 %     2.08 %
Mediatama     2.95 %     5.83 %
Sri Lanka Telecom     1.50 %     0.55 %
Dish Media     0.60 %     6.24 %
HelloCorp     2.22 %     3.63 %
Bank of Ceylon     1.64 %     0.00 %
Other Misc. customers     6.95 %     7.23 %
      100.00 %     100.00 %

Schedule of Sales by Products

For the years ended March 31, 2017 and 2016, the company had following sales by products:

 

Product   31-Mar-17     31-Mar-16  
             
Duo Subscriber   $ 928,905     $ 1,122,959  
Duo Contact     159,393       260,573  
Software hosting and reselling     16,771       10,640  
Facetone     11,255       -  
    $ 1,116,324     $ 1,394,172  

Schedule of Accumulated Other Comprehensive Income (loss)

Changes in Accumulated Other Comprehensive Income (Loss) by Component during the years ending on March 31, 2017 and 2016 were as follows:

 

Foreign Currency Translation gains (losses)      
       
Balance, March 31, 2015   $ 84,309  
Translation rate gain (loss)     (7,480 )
Balance, March 31, 2016     76,829  
         
Translation rate gain (loss)     35,932  
Balance, March 31, 2017   $ 112,761