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Revenue (Tables)
3 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Summarizes Revenue By The Company's Service

The following table summarizes revenue by the Company's service offerings:

 

 

 

 

 

 

For the three months ended
June 30, 2024

 

 

For the three months ended
June 30, 2023

 

Revenue from services

 

 

 

 

 

 

 

 

 

Commission and Distribution Income

 

 

 

 

 

3,082,652

 

 

 

1,078,193

 

Income from Insurance as a Service

 

 

 

 

 

5,848,865

 

 

 

4,532,717

 

 

 

8,931,517

 

 

 

5,610,910

 

Summary of Contract Liabilities from Contract with Customers

The following table provides information about receivables and contract liabilities from contracts with customers:

 

 

 

 

 

 

For the three months ended
June 30, 2024

 

 

For the three months ended
June 30, 2023

 

Contract liabilities

 

 

 

 

 

 

 

 

 

Deferred revenue

 

 

 

 

 

1,404,368

 

 

 

1,982,494

 

Total contract liabilities

 

 

 

 

 

1,000,663

 

 

 

1,982,494

 

Contract assets

 

 

 

 

 

 

 

 

 

Unbilled revenue

 

 

 

 

 

3,021,839

 

 

 

645,296

 

Total contract assets

 

 

 

 

 

3,021,839

 

 

 

645,296