| Schedule of Disaggregated Revenue from Contracts with Customers |
The Company has disaggregated its revenue from
contracts with customers into categories based on the business segment and nature of the revenue in the following table:
| | |
Years
ended March 31, | |
| | |
2026 | | |
2025 | | |
2024 | |
| | |
Satellite
connectivity
solution | | |
Digitalization
and other
solution | | |
Unallocated | | |
Total | | |
Satellite
connectivity
solution | | |
Digitalization
and other
solution | | |
Unallocated | | |
Total | | |
Satellite
connectivity
solution | | |
Digitalization
and other
solution | | |
Unallocated | | |
Total | |
| Revenue | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| Subscription | |
$ | 5,090,759 | | |
| 1,411,220 | | |
| — | | |
| 6,501,979 | | |
$ | 4,408,157 | | |
| 503,586 | | |
| — | | |
| 4,911,743 | | |
$ | 3,678,354 | | |
| 369,179 | | |
| — | | |
| 4,047,533 | |
| Equipment, device and services | |
| 1,548,864 | | |
| 6,658,396 | | |
| — | | |
| 8,207,260 | | |
| 2,250,024 | | |
| 3,316,783 | | |
| — | | |
| 5,566,807 | | |
| 1,933,744 | | |
| 2,588,793 | | |
| — | | |
| 4,522,537 | |
| | |
| 6,639,623 | | |
| 8,069,616 | | |
| — | | |
| 14,709,239 | | |
| 6,658,181 | | |
| 3,820,369 | | |
| — | | |
| 10,478,550 | | |
| 5,612,098 | | |
| 2,957,972 | | |
| — | | |
| 8,570,070 | |
| Cost of revenue | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Subscription | |
$ | (3,472,419 | ) | |
| (866,256 | ) | |
| — | | |
| (4,338,675 | ) | |
$ | (2,920,327 | ) | |
| (532,030 | ) | |
| — | | |
| (3,452,357 | ) | |
$ | (2,018,989 | ) | |
| (363,207 | ) | |
| — | | |
| (2,382,196 | ) |
| Equipment, device and services | |
| (1,418,651 | ) | |
| (5,800,571 | ) | |
| — | | |
| (7,219,222 | ) | |
| (2,036,887 | ) | |
| (3,125,072 | ) | |
| — | | |
| (5,161,959 | ) | |
| (1,931,319 | ) | |
| (2,410,964 | ) | |
| — | | |
| (4,342,283 | ) |
| | |
| (4,891,070 | ) | |
| (6,666,827 | ) | |
| — | | |
| (11,557,897 | ) | |
| (4,957,214 | ) | |
| (3,657,102 | ) | |
| — | | |
| (8,614,316 | ) | |
| (3,950,308 | ) | |
| (2,774,171 | ) | |
| — | | |
| (6,724,479 | ) |
| Gross profit / (loss) | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Subscription | |
$ | 1,618,340 | | |
| 544,964 | | |
| — | | |
| 2,163,304 | | |
$ | 1,487,830 | | |
| (28,444 | ) | |
| — | | |
| 1,459,386 | | |
$ | 1,659,365 | | |
| 5,972 | | |
| — | | |
| 1,665,337 | |
| Equipment, device and services | |
| 130,213 | | |
| 857,825 | | |
| — | | |
| 988,038 | | |
| 213,137 | | |
| 191,711 | | |
| | | |
| 404,848 | | |
| 2,425 | | |
| 177,829 | | |
| — | | |
| 180,254 | |
| | |
| 1,748,553 | | |
| 1,402,789 | | |
| — | | |
| 3,151,342 | | |
| 1,700,967 | | |
| 163,267 | | |
| — | | |
| 1,864,234 | | |
| 1,661,790 | | |
| 183,801 | | |
| — | | |
| 1,845,591 | |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Operating expenses | |
$ | (85,122 | ) | |
| — | | |
| (4,199,823 | ) | |
| (4,284,945 | ) | |
$ | (124,265 | ) | |
| — | | |
| (1,942,623 | ) | |
| (2,066,888 | ) | |
$ | (74,844 | ) | |
| — | | |
| (1,803,896 | ) | |
| (1,878,740 | ) |
| Income/(loss) from operations | |
| 1,663,431 | | |
| 1,402,789 | | |
| (4,199,823 | ) | |
| (1,133,603 | ) | |
| 1,576,702 | | |
| 163,267 | | |
| (1,942,623 | ) | |
| (202,654 | ) | |
| 1,586,946 | | |
| 183,801 | | |
| (1,803,896 | ) | |
| (33,149 | ) |
| | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
| Finance income | |
| 15,679 | | |
| — | | |
| — | | |
| 15,679 | | |
| 23,671 | | |
| — | | |
| — | | |
| 23,671 | | |
| 20,743 | | |
| — | | |
| — | | |
| 20,743 | |
| Finance cost | |
| (39,593 | ) | |
| — | | |
| (25,156 | ) | |
| (64,749 | ) | |
| (29,015 | ) | |
| — | | |
| (5,687 | ) | |
| (34,702 | ) | |
| (29,370 | ) | |
| — | | |
| (6,460 | ) | |
| (35,830 | ) |
| Income/ (loss) before income taxes | |
| 1,639,517 | | |
| 1,402,789 | | |
| (4,224,979 | ) | |
| (1,182,673 | ) | |
| 1,571,358 | | |
| 163,267 | | |
| (1,948,310 | ) | |
| (213,685 | ) | |
| 1,578,319 | | |
| 183,801 | | |
| (1,810,356 | ) | |
| (48,236 | ) |
| | |
March
31, 2026 | | |
March
31, 2025 | |
| | |
Satellite
connectivity
solution | | |
Digitalization
and other
solution | | |
Unallocated | | |
Total | | |
Satellite
connectivity
solution | | |
Digitalization
and other
solution | | |
Unallocated | | |
Total | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| |
| Segment assets | |
$ | 2,004,208 | | |
| 1,706,398 | | |
| 4,770,524 | | |
| 8,481,130 | | |
$ | 2,496,724 | | |
| 1,119,209 | | |
| 2,050,572 | | |
| 5,666,505 | |
| Segment liabilities | |
| 1,808,308 | | |
| 637,461 | | |
| 1,569,678 | | |
| 4,015,447 | | |
| 2,225,732 | | |
| 802,457 | | |
| 892,835 | | |
| 3,921,024 | |
|