Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)

v3.26.3
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Income Statement [Abstract]        
Net revenue $ 178,683 $ 140,377 $ 344,666 $ 271,303
Costs of revenue and operating expenses        
Revenue share 87,719 63,093 160,702 121,231
Other direct costs of revenue 13,565 11,242 26,529 22,046
Product development 9,949 10,979 20,539 21,126
Sales and marketing 14,449 14,446 29,782 28,035
General and administrative 32,694 34,083 65,681 76,992
Total costs of revenue and operating expenses 158,376 133,843 303,233 269,430
Income from operations 20,307 6,534 41,433 1,873
Interest and other (income) expense, net        
Interest expense, net 14,214 14,276 27,104 24,230
Unrealized (gain) loss on derivatives   2,335 8,606 2,335
Foreign exchange transaction (gain) loss 88 (1,136) (593) (222)
Loss on extinguishment of debt 0 9,795 0 9,795
Other (income) expense, net (4,755) 1,207 4,339 1,875
Total interest and other expense, net 7,354 26,477 39,456 38,013
Income (loss) before taxes 12,953 (19,943) 1,977 (36,140)
Income tax expense (benefit) 2,670 1,452 4,958 (641)
Net income (loss) 10,283 (21,395) (2,981) (35,499)
Other comprehensive income (loss)        
Foreign currency translation (gain) loss 666 2,204 1,840 (1,996)
Comprehensive income (loss) $ 9,617 $ (23,599) $ (4,821) $ (33,503)
Net income (loss) per share        
Basic (in dollars per share) $ 0.08 $ (0.20) $ (0.02) $ (0.33)
Diluted (in dollars per share) $ 0.06 $ (0.20) $ (0.02) $ (0.33)
Weighted average common shares outstanding        
Basic (in shares) 121,286 109,128 120,979 107,885
Diluted (in shares) 129,225 109,128 120,979 107,885