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Condensed Consolidated Statements of Cash Flow - USD ($)
12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities    
Net loss including non controlling interest $ (99,859,078) $ (14,201,151)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,185,858 1,624,208
Stock based compensation 56,303,135  
Deferred income taxes (86,020) (131,378)
Unrealised foreign exchange loss/(profit) (459,190) 9,184
Fair value losses in financial instruments carried at fair value 19,475,005 1,009,374
Gain on deconsolidation of subsidiaries (2,098,745)  
Gain on fair valuation of investments (1,812)  
Impairment of investment 3,395,234  
Gain on sale of property and equipment   (625)
Expected credit loss (net of reversal) 293,853  
Provision on doubtful advances and receivables 4,877,222  
Lease equalisation reserve   (9,675)
Impairment loss   919,517
Balances written off/(back) (51,513) 7,164
Changes in assets and liabilities, net of assets acquired and liabilities assumed from acquisitions:    
Inventories (11,688) (9,352)
Income taxes, net (64,243) (55,766)
Accounts receivables, net 5,865,550 (943,470)
Prepayments and other assets (23,861,458) (529,692)
Accounts payable and accrued expenses and other current liabilities 19,344,448 4,193,439
Other liabilities (674,090) 571,519
Net cash used in operating activities (15,427,532) (7,546,704)
Cash flows from investing activities    
Purchase of property and equipment, intangible assets and goodwill (455,924) (842,045)
Proceeds from sale of property, plant and equipment   686
Acquisition of businesses (5,749,200)  
Investment in mutual funds (500,000)  
Net cash used in investing activities (6,705,124) (841,359)
Cash flows from financing activities    
Proceeds from business combination 26,824  
Proceeds from issue of preferred stock 6,079,409 458,000
Proceeds from exercise of preferred share warrants   9,996
Proceeds from long-term borrowings 2,438,014 4,107,029
Repayments of long-term borrowings (11,684) (612,645)
Net proceeds/(payments) from short-term borrowings 13,039,186 4,398,343
Net cash generated from financing activities 21,571,749 8,360,723
Effect of exchange rate changes on cash and cash equivalents (244,444) 72,752
Net (decrease)/increase in cash and cash equivalents (including restricted cash) (805,351) 45,412
Cash acquired in business combination 11,238,609  
Cash and cash equivalents at the beginning of the period (including restricted cash) 1,131,830 1,086,418
Cash and cash equivalents at the end of the period (including restricted cash) 11,565,088 1,131,830
Reconciliation of cash and cash equivalents    
Cash and cash equivalents 11,186,095 589,340
Restricted cash 378,993 542,490
Total cash and cash equivalents 11,565,088 1,131,830
Supplemental disclosure of cash flow information    
Cash paid for interest, net of amounts capitalized 623,525 457,177
Cash paid for income taxes, net of refunds   141,228
Non-cash investing and financing activities    
Exercise of warrant for issuance of convertible preferred stock   103,159
Convertible preferred stock issued on conversion of convertible notes   24,006,892
Consideration payable in connection with acquisitions 488,000 243,036
Interest accrued on borrowings $ 451,323 $ 257,188