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Segment Information
 3 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
Operating segments are identified as components of an enterprise for which separate discrete financial information is available for evaluation by the chief operating decision maker (“CODM”) in making decisions regarding resource allocation and assessing performance. The Company has determined that its Chief Executive Officer is the CODM. The Company reports its results of operations through the following two segments, each of which represents an operating and reportable segment, as follows:
•On Device Solutions (“ODS”) - This segment generates revenue from the delivery of mobile application media or content to end users with solutions for all participants in the mobile application ecosystem that want to connect with end users and consumers who hold the device. This includes mobile carriers and device OEMs that participate in the app economy, app publishers and developers, and brands and advertising agencies. This segment's product offerings are enabled through relationships with mobile device carriers and OEMs.
•App Growth Platform (“AGP”) - AGP customers are primarily advertisers and publishers, and the segment provides platforms that allow mobile app publishers and developers to monetize their monthly active users via display, native, and video advertising. The AGP platforms allow demand side platforms, advertisers, agencies, and publishers to buy and sell digital ad impressions, primarily through programmatic, real-time bidding auctions and, in some cases, through direct-bought/sold advertiser budgets. The segment also provides brand and performance advertising products to advertisers and agencies.
The Company’s CODM evaluates segment performance and makes resource allocation decisions primarily based on segment net revenue and segment profit, as shown in the segment information summary table below. The Company’s CODM does not allocate other direct costs of revenue, operating expenses, interest and other income (expense), net, or provision for income taxes to these segments for the purpose of evaluating segment performance. Additionally, the Company does not allocate assets to segments for internal reporting purposes as the CODM does not manage the Company’s segments by such metrics.
A summary of segment information follows:
Three months ended June 30, 2024
ODSAGPEliminationConsolidated
Net revenue$80,650 $38,392 $(1,053)$117,989 
Revenue share
49,143 7,719 (1,053)55,809 
Segment profit$31,507 $30,673 $— $62,180 
 Three months ended June 30, 2023
ODSAGPEliminationConsolidated
Net revenue$98,250 $48,959 $(843)$146,366 
Revenue share
58,298 12,137 (843)69,592 
Segment profit$39,952 $36,822 $— $76,774 
Geographic Area Information
Long-lived assets, excluding deferred tax assets, by region follow:
 June 30, 2024March 31, 2024
United States and Canada$34,255 $32,899 
Europe, Middle East, and Africa12,037 12,809 
Asia Pacific and China83 74 
Consolidated property and equipment, net$46,375 $45,782 
 June 30, 2024March 31, 2024
United States and Canada$3,257 $4,314 
Europe, Middle East, and Africa5,246 4,598 
Asia Pacific and China166 215 
Consolidated right-of-use assets
$8,669 $9,127 
 June 30, 2024March 31, 2024
United States and Canada$127,175 $133,381 
Europe, Middle East, and Africa166,760 175,878 
Asia Pacific and China4,129 4,246 
Consolidated intangible assets, net$298,064 $313,505 
Net revenue by geography is based on the billing addresses of the Company’s customers and a reconciliation of disaggregated revenue by segment follows:
 Three months ended June 30, 2024
ODSAGPConsolidated
United States and Canada$33,885 $25,082 $58,967 
Europe, Middle East, and Africa31,704 10,413 42,117 
Asia Pacific and China14,572 2,888 17,460 
Mexico, Central America, and South America489 9 498 
Elimination— — (1,053)
Consolidated net revenue$80,650 $38,392 $117,989 
 Three months ended June 30, 2023
ODSAGPConsolidated
United States and Canada$38,941 $30,917 $69,858 
Europe, Middle East, and Africa46,022 13,552 59,574 
Asia Pacific and China12,543 4,447 16,990 
Mexico, Central America, and South America744 43 787 
Elimination— — (843)
Consolidated net revenue$98,250 $48,959 $146,366