v3.25.2
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities      
Profit (loss) before income tax $ 15,894,755 $ (3,679,409) $ (19,949,316)
Less: net income from discontinued operation (8,248,013)
Loss before income tax from continuing operation 15,894,755 (3,679,409) (11,701,303)
Adjustments for:      
Interest income (24,000) (33,959) (17,925)
Finance costs 7,702 4,241 8,464
Unrealized fair value change of trading of digital assets, listed securities, funds and derivative contracts (45,354,354) (5,865,294) (5,692,056)
Interest income on trading of digital assets (1,516,854) (729,407)
Cost of income 23,264,964 6,652,534 2,342,788
Impairment loss on financial assets at fair value through profit or loss 671,403
Depreciation of property and equipment 3,094 3,833 2,888
Depreciation of right of use assets 158,800 85,631 96,457
Share-based compensation 753,685 1,045,315
Share purchase warrants expenses 1,680,038 6,047,848 10,176,995
Gain on early termination of leases (4,579)
Unrealized loss (gain) on change in fair value of financial asset at fair value through profit or loss 1,186,929 (733,915)
Changes in assets and liabilities      
(Increase) decrease in other receivables and prepayments (4,537,461) 121,501 196,517
Decrease (increase) in financial assets at fair value through profit or loss 20,463,760 (18,550,538)
(Decrease) increase in accounts and other payables (4,494,832) 3,806,622 339,219
(Decrease) increase in payable to customers (7,327,375) 517,479 2,437,000
Net cash used in operating activities – continuing operation 71,990 (11,599,148) (765,641)
Net cash used in operating activities – discontinued operation (374,683)
Net cash used in operating activities 71,990 (11,599,148) (1,140,324)
Cash flows from investing activities      
Purchase of property and equipment (47,309) (1,281) (3,160)
Interest received 24,000 33,959 17,925
Disposal of subsidiaries (70,736)
Net cash generated from (used in) investing activities – continuing operation (23,309) 32,678 (55,971)
Net cash generated from investing activities – discontinued operation 35,548
Net cash generated from (used in) investing activities (23,309) 32,678 (20,423)
Cash flows from financing activities      
Proceeds from shares issued on private placement 2,250,000 4,838,696 3,300,000
Proceeds from issuance of notes 5,000,000
Repurchase of shares (82,127) (353,816)
Advance from related party   75,115  
Payment of principal portion of lease liabilities (141,821) (97,715) (211,170)
Interest paid (13,139)
Net cash generated from financing activities – continuing operation 2,108,179 9,733,969 2,721,875
Net cash (used in) generated from by financing activities – discontinued operation (126,787)
Net cash generated from financing activities 2,108,179 9,733,969 2,595,088
Net increase (decrease) of cash and cash equivalents 2,156,860 (1,832,500) 1,434,341
Effect of foreign currency translation on cash and cash equivalents (117,404) (35,202) 26,783
Cash and cash equivalents – beginning of year 4,880,413 6,748,115 5,286,991
Cash and cash equivalents – end of year $ 6,919,869 $ 4,880,413 $ 6,748,115