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Interests in other entities
 12 Months Ended
Mar. 31, 2024
Interests In Other Entities [Abstract]  
Interests in other entities Interests in other entities
Joint ventures and associates
The Group holds interests in joint ventures and associates that are individually not material.
(EUR thousand)As of March 31
202420232022
Aggregate carrying amount of individually immaterial joint ventures and associates150 230 2,650 
Aggregate amount of the Group's share of:
Loss from continuing operations(63)(111)(720)
Other comprehensive loss(17)— — 
Total comprehensive loss(80)(111)(720)
As of March 31, 2024 the net book value of loans granted by the Group to joint ventures and associates is EUR0.8 million (EUR0.1 million as of March 31, 2023).
Other investments
Other investments represent equity securities not held for trading, are comprised of minority shares in technology companies active in the post-purchase solutions domain, with subsequent changes in fair value recognized through other comprehensive income.
(EUR thousand)For the financial year ended March 31
202420232022
Opening balance as of April 17,051 3,881 753 
Additions490 2,000 3,878 
Fair value adjustment(2,546)1,343 150 
Derecognition due to step acquisition— — (900)
Reclassification to joint ventures and associates— (173)— 
Closing balance as of March 314,995 7,051 3,881 
Non-controlling interests
Non-controlling interests represent the participating interests of third parties in the Group's equity and are comprised of the following Group entities:
(EUR thousand)As of March 31
Non-controlling interests202420232022
Global Blue TFS Japan Co Ltd7,397 4,555 3,180 
Global Blue Lebanon SAL(14)107 299 
Global Blue Touristik Hizmetler A.Ş.964 1,302 713 
Bahama’s VAT Refund Ltd76 — — 
Global Blue Russia AO— — 1,153 
Global Blue Russia Holdings B.V.— — 349 
Global Blue Pazarlama Destek ve Teknoloji Hizmetleri A.S(16)6 38 
Total Non-controlling interests8,407 5,970 5,732 
Summarized financial information on subsidiaries with material non-controlling interest
Set out below is the summarized financial information for each subsidiary that has a non-controlling interest that is deemed material for the Group.
(EUR thousand)
Global Blue
TFS Japan Co. Ltd.		Global Blue Turistik Hizmetler A.Ş.
As of March 31
2024202320242023
Current
Assets52,936 16,327 4,718 5,493 
Liabilities40,863 17,976 4,135 4,221 
Total current net assets / (liabilities)12,073 (1,649)583 1,272 
Non- current
Assets3,196 10,951 1,089 1,329 
Liabilities11 13 521 600 
Total non-current net assets 3,185 10,938 568 729 
Net assets15,258 9,289 1,151 2,001 
(EUR thousand)
Global Blue
TFS Japan Co. Ltd.		Global Blue Turistik Hizmetler A.Ş.
For the financial year ended March 31
202420232022202420232022
Revenue25,665 10,076 3,384 4,972 5,351 3,452 
Profit / (loss) for the year12,410 3,249 (1,320)2,463 3,093 2,067 

(EUR thousand)
Global Blue TFS Japan Co. Ltd.Global Blue Turistik Hizmetler A.Ş.
For the financial year ended March 31
202420232022202420232022
Net increase / (decrease) in cash and cash equivalents4,580 7,954 (23)(700)420 721