Revenue |
3 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue |
The components of revenue, net were as follows:
Contract balances
The Company’s contract liabilities for consideration collected prior to satisfying the performance obligations against scheduled trips is $412,618 and $406,684 as at June 30, 2026 and March 31, 2026 respectively.
During the quarter ended June 30, 2026, the Company has offered vouchers that results in the deferral of revenue equivalent to amount received on the date of purchase of such vouchers. The accumulated deferred revenue in relation to vouchers issued amounts to $7,637 and $30,292 as at June 30, 2026 and March 31, 2026, respectively.
Further, the Company offers loyalty program, Z-Points, that results in the deferral of revenue equivalent to the retail value on the date points are earned. The Company had accumulated deferred revenue amounting to $34,518 and $78,878 as at June 30, 2026 and March 31, 2026, respectively in relation to loyalty program.
The total balance under contract liability as at June 30, 2026 and March 31, 2026 is $454,773 and $515,854, respectively.
Revenue recognized during the quarter ended June 30, 2026 which was included in contract liabilities balance at the beginning of the respective period amounts to $179,710 ($132,630 recognized during the quarter ended June 30, 2025). |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||