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Consolidated Statements of Operations and Comprehensive Loss
¥ in Thousands, $ in Thousands
12 Months Ended
Mar. 31, 2024
CNY (¥)
¥ / shares
shares
Mar. 31, 2024
USD ($)
$ / shares
shares
Mar. 31, 2023
CNY (¥)
¥ / shares
shares
Mar. 31, 2022
CNY (¥)
¥ / shares
shares
Net revenues:        
Total revenues ¥ 709,352 $ 98,244 ¥ 1,092,094 ¥ 1,186,429
Total cost of revenue (568,615) (78,752) (858,608) (943,698)
Gross profit 140,737 19,492 233,486 242,731
Operating expenses:        
Fulfillment expenses (59,506) (8,241) (126,295) (134,026)
Sales and marketing expenses (85,091) (11,785) (124,007) (170,986)
General and administrative expenses (59,265) (8,208) (46,554) (76,248)
Impairment of goodwill (40,684)
Other income, net 2,966 411 286 280
Loss from operations (60,159) (8,331) (103,768) (138,249)
Interest income 2,638 366 7,420 15,477
Interest expense (7,326) (1,015) (13,350) (20,884)
Other gains, net (3,994) (553) 5,159 6,020
Fair value change of derivative liabilities (1,034) (143) (2,266) 2,824
Loss before income tax expenses (69,875) (9,676) (106,805) (134,812)
Income tax benefit 927 128 911 1,571
Share of results of equity investees 50 7 (82) 418
Net loss (68,898) (9,541) (105,976) (132,823)
Less: Net loss attributable to the non-controlling interest shareholders (5,234) (724) (3,177) (4,433)
Net loss attributable to Boqii Holding Limited (63,664) (8,817) (102,799) (128,390)
Accretion on redeemable non-controlling interests to redemption value (766) (106) (675) (575)
Net loss attributable to Boqii Holding Limited’s ordinary shareholders (64,430) (8,923) (103,474) (128,965)
Other comprehensive income (loss):        
Foreign currency translation adjustment, net of Nil tax 1,258 174 15,591 (16,529)
Unrealized securities holding losses (3,547) (491) (6,711) (9,368)
Total comprehensive loss (71,187) (9,858) (97,096) (158,720)
Less: Total comprehensive loss attributable to non- controlling interests shareholders (5,234) (724) (3,177) (4,433)
Total comprehensive loss attributable to Boqii Holding Limited ¥ (65,953) $ (9,134) ¥ (93,919) ¥ (154,287)
Net loss per share attributable to Boqii Holding Limited’s ordinary shareholders        
Basic (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ (0.64) $ (0.09) ¥ (1.5) ¥ (1.9)
Diluted (in Dollars per share and Yuan Renminbi per share) | (per share) ¥ (0.64) $ (0.09) ¥ (1.5) ¥ (1.9)
Weighted average number of ordinary shares        
Basic (in Shares) [1] 100,637,760 100,637,760 68,858,823 68,006,172
Diluted (in Shares) [1] 100,637,760 100,637,760 68,858,823 68,006,172
Product sales        
Net revenues:        
Total revenues ¥ 680,143 $ 94,199 ¥ 1,048,491 ¥ 1,137,329
Online marketing and information services and other revenue        
Net revenues:        
Total revenues ¥ 29,209 $ 4,045 ¥ 43,603 ¥ 49,100
[1] Options exercisable for a minimal exercise price (the “Penny Stock”) are included in the denominator of basic loss per share calculation once there are no further vesting conditions or contingencies associated with them, as they are considered issuable shares. Basic net loss per share is computed using the weighted average number of ordinary shares outstanding and the Penny Stock during the reporting periods. Diluted net loss per share is computed using the weighted average number of ordinary shares and dilutive potential ordinary shares outstanding and the Penny Stock during the reporting periods.