v3.26.1
Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net (loss) income $ (22,648) $ 1,199,085 $ 821,743
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities      
Depreciation 216,074 263,454 391,704
Gain on disposal of property and equipment (11,796)
Non-cash portion of operating lease expenses (23,882) (8,266) (37,446)
Unrealized gain from investments, net (22,621) (2,621)
Deferred income taxes 67,983 134,873 62,477
Changes in operating assets and liabilities      
Accounts receivable 194,424 (44,287) (164,976)
Deposits, other receivables and prepayments (1,453,637) 42,075 (39,266)
Inventories 1,174 1,354 38,181
Trade payables, accruals and other payables 168,838 (204,686) 210,275
Contract liabilities (415,869) (1,057,178) (1,106,517)
Tax payables 86,029 102,085 119,254
Net cash (used in) provided by operating activities (1,215,931) 425,888 295,429
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of property and equipment (339,560) (287,527) (210,598)
Proceeds from disposal of property and equipment 30,498
Investment in certificates of deposit 1,441,099 (1,441,099)
Investment in funds (1,300,000)
Investment in trading securities (11,052) (500,832)
Net cash used in investing activities (179,015) (2,229,458) (210,598)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Payments of offering costs related to IPO (1,176,763) (545,518) (26,834)
Proceeds from issuance of shares pursuant to IPO from underwriters 6,533,660
Proceeds from finance lease 205,866 38,341
Repayment for finance lease (113,833) (26,154) (5,311)
Repayment for bank borrowings (128,427) (130,783) (148,881)
Advance from a director 671,606 1,202,010 1,536,906
Repayment to a director (875,130) (184,118) (1,294,076)
Proceeds from settlement of subscription receivables 381,043
Net cash provided by financing activities 5,292,156 521,303 100,145
NET CHANGE IN CASH AND CASH EQUIVALENTS 3,897,210 (1,282,267) 184,976
NET OF EXCHANGE RATE CHANGES (14,708) (4,617) (10,513)
CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR 816,771 2,103,655 1,929,192
CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR 4,699,273 816,771 2,103,655
SUPPLEMENTARY CASH FLOW INFORMATION:      
Interest received 72,651 64,136 19,513
Interest paid (15,799) (20,874) (26,051)
NON-CASH FINANCING ACTIVITIES:      
Initial recognition of lease obligations related to right-of-use assets 595,664 780,943
Acquisition of non-controlling interests 66,629
Dividend declared to offset with amount due from a director $ 694,922