Segment Information (Tables)
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12 Months Ended |
Mar. 31, 2025 |
Segment Reporting [Abstract] |
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Schedule of Segment Reporting Information |
A summary of segment information follows:
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Year ended March 31, 2025 |
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ODS |
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AGP |
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Elimination |
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Consolidated |
Net revenue (1)
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$ |
341,632 |
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$ |
153,229 |
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$ |
(4,355) |
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$ |
490,506 |
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Revenue share (1)
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207,705 |
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31,937 |
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(4,355) |
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235,287 |
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Segment profit |
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$ |
133,927 |
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$ |
121,292 |
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$ |
— |
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$ |
255,219 |
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(1) Amounts are presented on an accrual basis.
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Year ended March 31, 2024 |
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ODS |
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AGP |
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Elimination |
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Consolidated |
Net revenue (1)
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$ |
370,112 |
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$ |
178,760 |
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$ |
(4,390) |
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$ |
544,482 |
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Revenue share (1)
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228,296 |
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38,320 |
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(4,390) |
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262,226 |
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Segment profit |
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$ |
141,816 |
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$ |
140,440 |
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$ |
— |
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$ |
282,256 |
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(1) Amounts are presented on an accrual basis.
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Year ended March 31, 2023 |
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ODS |
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AGP |
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Elimination |
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Consolidated |
Net revenue (1)
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$ |
420,328 |
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$ |
252,995 |
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$ |
(7,403) |
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$ |
665,920 |
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Revenue share (1)
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247,356 |
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69,294 |
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(7,403) |
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309,247 |
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Segment profit |
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$ |
172,972 |
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$ |
183,701 |
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$ |
— |
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$ |
356,673 |
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(1) Amounts are presented on an accrual basis.
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Schedule of Reconciliation of Segment Profit to Consolidated Income (Loss) |
Presented below is a reconciliation of total segment profit to total consolidated (loss) income from operations:
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March 31, 2025 |
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March 31, 2024 |
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March 31, 2023 |
Segment profit |
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$ |
255,219 |
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$ |
282,256 |
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$ |
356,673 |
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Other direct costs of revenue |
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34,541 |
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34,799 |
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36,445 |
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Product development |
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39,464 |
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54,157 |
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56,486 |
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Sales and marketing |
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61,642 |
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61,481 |
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63,295 |
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General and administrative |
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173,647 |
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169,617 |
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154,282 |
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Impairment of goodwill |
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— |
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336,640 |
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— |
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(Loss) income from operations |
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$ |
(54,075) |
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$ |
(374,438) |
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$ |
46,165 |
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Schedule of Long-lived Assets by Geographic Areas |
Long-lived assets, excluding deferred tax assets, by region follow:
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March 31, 2025 |
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March 31, 2024 |
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United States and Canada |
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$ |
40,149 |
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$ |
32,899 |
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Europe, Middle East, and Africa |
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6,751 |
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12,809 |
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Asia Pacific and China |
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66 |
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74 |
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Consolidated property and equipment, net |
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$ |
46,966 |
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$ |
45,782 |
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March 31, 2025 |
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March 31, 2024 |
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United States and Canada |
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$ |
2,030 |
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$ |
4,314 |
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Europe, Middle East, and Africa |
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7,877 |
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4,598 |
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Asia Pacific and China |
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17 |
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215 |
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Consolidated right-of-use assets |
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$ |
9,924 |
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$ |
9,127 |
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Schedule of Intangible Assets by Geographic Areas |
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March 31, 2025 |
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March 31, 2024 |
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United States and Canada |
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$ |
108,580 |
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$ |
133,381 |
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Europe, Middle East, and Africa |
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145,253 |
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175,878 |
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Asia Pacific and China |
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3,864 |
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4,246 |
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Consolidated intangible assets, net |
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$ |
257,697 |
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$ |
313,505 |
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Schedule of Revenue by Geographic Areas |
Net revenue by geography is based on the billing addresses of the Company’s customers and a reconciliation of disaggregated revenue by segment follows:
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Year ended March 31, 2025 |
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ODS |
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AGP |
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Total |
United States and Canada |
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$ |
137,704 |
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$ |
94,388 |
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$ |
232,092 |
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Europe, Middle East, and Africa |
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122,254 |
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40,825 |
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163,079 |
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Asia Pacific and China |
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77,483 |
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17,996 |
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95,479 |
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Mexico, Central America, and South America |
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4,191 |
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20 |
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4,211 |
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Elimination |
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— |
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— |
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(4,355) |
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Consolidated net revenue |
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$ |
341,632 |
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$ |
153,229 |
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$ |
490,506 |
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Year ended March 31, 2024 |
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ODS |
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AGP |
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Total |
United States and Canada |
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$ |
148,482 |
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$ |
119,979 |
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$ |
268,461 |
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Europe, Middle East, and Africa |
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171,967 |
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41,374 |
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213,341 |
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Asia Pacific and China |
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47,562 |
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17,319 |
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64,881 |
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Mexico, Central America, and South America |
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2,101 |
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88 |
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2,189 |
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Elimination |
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— |
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— |
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(4,390) |
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Consolidated net revenue |
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$ |
370,112 |
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$ |
178,760 |
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$ |
544,482 |
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Year ended March 31, 2023 |
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ODS |
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AGP |
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Total |
United States and Canada |
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$ |
188,023 |
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$ |
142,522 |
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$ |
330,545 |
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Europe, Middle East, and Africa |
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170,585 |
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80,464 |
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251,049 |
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Asia Pacific and China |
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55,140 |
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28,776 |
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83,916 |
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Mexico, Central America, and South America |
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6,580 |
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1,233 |
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7,813 |
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Elimination |
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— |
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— |
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(7,403) |
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Consolidated net revenue |
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$ |
420,328 |
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$ |
252,995 |
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$ |
665,920 |
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