Registration statement for securities of certain foreign private issuers

EARNINGS PER SHARE (Tables)

v3.22.2.2
EARNINGS PER SHARE (Tables)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
EARNINGS PER SHARE    
Summary of earnings per share

    

Years ended December 31,

    

2021

    

2020

Basic loss per share from continuing operations

$

(0.28)

$

(0.25)

The calculation of basic and diluted earnings per share has been based on the following loss attributable to ordinary shareholders and the weighted average number of ordinary shares

 

  

 

  

Net Loss

$

(4,489,198)

$

(3,192,314)

Non-controlling Interest

 

(173,959)

 

(75,159)

Loss attributable to ordinary shareholders

$

(4,663,157)

$

(3,117,155)

Weighted average number of ordinary shares:

 

  

 

  

Issued at the beginning of the year

 

16,155,812

 

9,742,998

Issued in current year

 

 

6,412,812

Issued at the end of the year

 

16,155,812

 

16,155,812

Weighted average

 

16,155,812

 

12,575,605

Diluted earnings (loss) per share:

 

  

 

  

There are no dilutive instruments and therefore diluted earnings per share is the same as basic earnings per share

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:

Share Options

7,138,140

7,138,140

    

Years ended December 31,

    

2020

    

2019

Basic loss per share from continuing operations, as restated

$

(0.25)

$

(0.14)

The calculation of basic and diluted earnings per share has been based on the following loss attributable to ordinary shareholders and the weighted average number of ordinary shares

 

  

 

  

Net Loss, as restated

$

(3,192,314)

$

(1,230,319)

Non-controlling Interest

 

75,159

 

Loss attributable to ordinary shareholders, as restated

$

(3,117,155)

$

(1,230,319)

Weighted average number of ordinary shares:

 

  

 

  

Issued at the beginning of the year

 

9,742,998

 

7,926,570

Issued in current year

 

6,412,812

 

1,816,428

Issued at the end of the year

 

16,155,812

 

9,742,998

Weighted average

 

12,575,605

 

8,492,924

Diluted earnings (loss) per share:

 

  

 

  

There are no dilutive instruments and therefore diluted earnings per share is the same as basic earnings per share

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:

Share Options

7,138,140

377,928