| EARNINGS PER SHARE |
NOTE
30 — EARNINGS PER SHARE
SUMMARY OF EARNINGS PER SHARE
| |
|
20(1)23 |
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|
2022 |
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|
2021 |
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|
Years
ended December 31, |
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|
2023 |
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|
2022 |
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|
2021 |
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|
As restated (1) |
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| Loss per share, basic and diluted |
|
$ |
(0.10 |
) |
|
$ |
(2.47 |
) |
|
$ |
(0.28 |
) |
| The calculation of basic and diluted loss per share has been based on the following loss attributable to ordinary shareholders and the weighted average number of ordinary shares |
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| Net Loss |
|
$ |
(5,711,222 |
) |
|
$ |
(56,006,439 |
) |
|
|
(4,489,198 |
) |
| Non-Controlling Interest |
|
|
(54,079 |
) |
|
|
(206,021 |
) |
|
|
(173,959 |
) |
| Loss Attributed to Ordinary Shareholders |
|
$ |
(5,657,143 |
) |
|
$ |
(55,800,418 |
) |
|
|
(4,315,239 |
) |
| |
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| Weighted Average Number of Ordinary Shares |
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|
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|
| Issued at the beginning of the year |
|
|
27,705,227 |
|
|
|
16,155,812 |
|
|
|
16,155,812 |
|
| Issued in current Year |
|
|
46,168,557 |
|
|
|
11,549,415 |
|
|
|
- |
|
| Issued at the end of the year |
|
|
73,873,784 |
|
|
|
27,705,227 |
|
|
|
16,155,812 |
|
| Weighted Average |
|
|
55,501,971 |
|
|
|
22,634,366 |
|
|
|
16,155,812 |
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| Diluted (loss) per share: |
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|
There are no dilutive instruments and therefore diluted earnings
per share is the same as basic earnings per share |
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| Instruments that could potentially dilute basic earnings per share in the future, but were not included in the calculation of diluted earnings per share because they are antidilutive: |
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|
| Share Options and RSUs |
|
|
1,524,949 |
|
|
|
1,511,664 |
|
|
|
7,138,140 |
|
|
1) |
Restatement as per Note 2 |
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