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Other non-current financial liabilities
12 Months Ended
Mar. 31, 2025
Subclassifications of assets, liabilities and equities [abstract]  
Other non-current financial liabilities Other non-current financial liabilities
(EUR thousand)As of March 31
Other non-current financial liabilitiesNote20252024
Put options related to acquisitions2,103 1,830 
Liabilities related to share-based payment transactions256,088 188 
Lease liabilities non-current1423,424 14,774 
Other liabilities172,751 2,512 
Total34,366 19,304 
The other non-current liabilities relate to a pension liability plan in Sweden and the corresponding revaluation; for further details please refer to Note 17.
Put options related to acquisitions
(EUR thousand)For the financial year ended March 31
Put options related to acquisitionsNote20252024
Opening balance as of April 13,309 4,390 
Changes in fair value recognized in income statement(857)1,210 
Exercise of options31— (2,422)
Exchange differences90 131 
Closing balance as of March 312,542 3,309 
Non-current portion2,103 1,830 
Current portion31439 1,479 
As of March 31, 2025 the put options comprise of EUR0.4 million (EUR1.5 million as of March 31, 2024) and EUR2.1 million (EUR1.8 million as of March 31, 2024) related to the acquisitions of ZigZag and Yocuda respectively.
The fair value of the put options was derived using an option pricing methodology (Monte Carlo simulations) based on projected revenue or gross profit distribution (depending on the business acquired) and is categorized as Level 3 within the fair value hierarchy due to unobservable inputs utilized in the valuation. The main driver for the valuation of the put options in both cases is the underlying business plan. The top and bottom 5% of extreme values have been excluded from the calculations.