Majesco (MJCO)
Balance Sheet / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15
ASSETS
CURRENT ASSETS
Cash and cash equivalents

19,996

19,691

9,633

11,329

11,185

12,315

11,708

9,152

10,776

10,268

9,452

11,635

17,997

10,795

14,183

5,520

8,864

5,541

9,266

6,262

Short term investments

25,542

15,244

23,375

28,108

3,299

2,743

0

-

689

701

818

829

1,547

2,548

673

634

869

406

0

270

Restricted cash

42

42

43

43

50

48

50

53

54

53

54

53

263

258

256

257

370

325

305

305

Accounts receivable, net

26,259

22,842

18,221

17,366

20,141

18,051

16,748

19,103

14,664

15,505

13,395

12,227

15,454

16,469

16,333

22,503

13,818

13,428

15,115

7,758

Unbilled accounts receivable

14,579

14,805

19,367

17,916

11,439

10,144

11,336

9,997

10,101

10,656

11,633

8,563

7,187

8,220

7,528

7,379

6,338

5,548

4,411

5,615

Deferred income tax assets

-

-

-

-

-

-

-

-

-

-

-

2,018

2,344

2,439

2,138

1,847

1,335

2,413

1,538

2,168

Prepaid expenses and other current assets

13,985

14,065

13,542

15,598

10,624

10,030

9,488

9,494

8,150

7,113

6,230

5,961

5,258

5,868

5,751

6,195

3,690

4,311

4,814

2,911

Total current assets

100,403

86,689

84,181

90,360

56,738

53,331

49,330

47,799

44,434

44,296

41,582

41,286

50,050

46,597

46,862

44,335

35,284

31,972

35,449

25,289

Property and equipment, net

2,195

2,569

2,702

3,026

2,469

2,261

2,417

2,755

2,902

3,082

3,418

3,659

3,963

3,865

3,774

3,462

2,160

2,104

1,785

1,173

Right-of-use asset, net

3,964

4,615

5,205

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

10,518

11,124

12,261

12,969

13,250

5,473

5,901

6,535

7,231

7,577

8,213

8,708

8,985

9,320

9,975

10,483

10,985

11,750

12,549

3,434

Deferred income tax assets

6,957

6,680

6,992

7,816

6,796

7,615

7,571

7,171

7,205

9,202

6,748

3,856

3,621

3,512

3,633

3,586

4,358

2,253

2,307

2,182

Unbilled accounts receivable, net of current portion

2,710

2,767

2,389

543

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

187

186

377

489

330

54

3

50

168

96

292

289

374

538

536

480

414

172

459

271

Goodwill

34,144

34,090

34,170

34,145

34,726

32,216

32,216

32,216

32,216

32,216

32,216

32,216

32,278

32,278

32,279

32,275

32,275

32,675

32,666

14,196

Total Assets

161,078

148,720

148,277

149,348

114,309

100,950

97,438

96,526

94,156

96,469

92,469

90,014

99,271

96,110

97,059

94,621

85,476

80,926

85,215

46,545

LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
Loan from bank-receivable financing and vehicle loan

53

55

134

442

6,985

4,834

4,927

5,269

2,952

7,983

7,715

2,561

7,200

7,000

7,700

6,951

9,383

7,124

8,501

1,470

Lease liability

1,977

2,339

2,654

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current maturities of long term loan

-

-

-

-

3,333

3,333

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

2,233

1,506

2,669

2,327

2,100

2,960

2,742

2,353

3,007

-

-

2,923

-

-

-

-

-

-

-

-

Accounts payable

-

-

-

-

-

-

-

-

-

2,569

2,721

-

2,625

3,114

4,484

3,659

1,998

2,056

2,569

442

Accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

17,269

13,213

-

-

-

-

16,701

-

-

-

-

Accrued expenses and other current liabilities

27,382

26,305

24,793

34,871

27,291

25,640

22,387

-

-

-

-

-

18,058

14,552

-

-

-

-

-

-

Accrued expenses and other liabilities

-

-

-

-

-

-

-

22,032

19,958

-

-

14,911

-

-

-

-

-

-

-

-

Software hire purchase obligations

-

-

-

-

-

69

136

203

136

137

244

310

146

211

212

159

138

157

306

17

Related Parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

3,457

3,520

Others

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14,490

-

14,601

10,991

9,470

8,739

Deferred revenue

18,172

12,457

11,811

10,988

12,706

10,999

11,986

12,201

12,009

10,830

11,057

10,982

10,932

11,661

11,474

11,200

5,973

5,857

5,462

4,826

Total current liabilities

49,817

42,662

42,061

48,628

52,415

47,835

42,178

42,058

38,062

38,788

34,950

31,687

38,961

36,538

38,360

38,670

32,093

26,185

29,765

19,014

Capital lease obligations, net of current portion

-

-

-

-

-

-

0

-

133

197

167

288

32

-

36

120

162

162

30

31

Term loan - bank

-

-

-

-

3,333

3,333

8,385

8,367

10,000

10,000

10,000

10,000

10,000

10,000

10,000

6,800

2,625

2,625

3,000

3,000

Vehicle loan

52

65

102

109

89

91

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liability, net of current portion

2,026

2,302

2,563

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consideration payable for Exaxe Holdings Limited acquisition

2,931

3,009

2,977

2,951

4,196

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

1,208

1,289

1,134

1,089

1,215

1,634

1,201

928

2,257

2,284

2,225

2,191

4,456

4,117

3,629

3,474

4,498

5,032

3,609

3,944

Total Liabilities

56,034

49,327

48,837

52,777

61,248

52,893

51,764

51,353

50,452

51,269

47,342

44,166

53,449

50,655

52,025

49,064

39,378

34,004

36,404

25,989

Commitments and contingencies

-

-

-

-

-

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

STOCKHOLDERS' EQUITY
Preferred stock, par value $0.002 per share – 50,000,000 shares authorized as of December 31, 2019 and March 31, 2019, and no shares issued and outstanding as of December 31, 2019 and March 31, 2019

-

-

-

-

-

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, par value $0.002 per share – 450,000,000 shares authorized as of December 31, 2019 and March 31, 2019; 43,235,701 shares issued and outstanding as of December 31, 2019 and 42,846,273 shares issued and outstanding as of March 31, 2019

87

86

86

86

73

73

73

73

73

73

73

73

73

73

73

73

73

73

73

61

Additional paid-in capital

125,699

124,538

123,567

122,163

77,643

76,650

75,725

75,022

73,801

-

-

71,343

-

-

-

-

-

-

-

-

Additional paid-in capital

-

-

-

-

-

-

-

-

-

72,890

72,074

-

70,631

70,139

69,827

69,505

69,177

68,932

68,802

39,049

Accumulated deficit

-20,002

-23,875

-25,217

-26,499

-25,192

-26,418

-29,247

-30,283

-30,718

-27,648

-26,932

-25,282

-24,483

-24,693

-24,911

-24,360

-22,821

-21,692

-21,410

-20,798

Accumulated other comprehensive loss

-740

-1,356

-229

-412

-701

-2,248

-877

361

548

-115

-88

-286

-399

-64

45

339

-331

-391

1,346

2,244

Total stockholders' equity attributable to Majesco stockholders

105,044

99,393

98,207

95,338

51,823

48,057

45,674

45,173

43,704

45,200

45,127

45,848

45,822

45,455

45,034

45,557

46,098

46,922

48,811

20,556

Non-controlling interests in consolidated subsidiaries

-

-

1,233

1,233

1,238

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Stockholders' Equity

105,044

99,393

99,440

96,571

53,061

-

-

45,173

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY

161,078

148,720

148,277

149,348

114,309

100,950

97,438

96,526

94,156

96,469

92,469

90,014

99,271

96,110

97,059

94,621

85,476

80,926

85,215

46,545