| EARNINGS PER SHARE |
NOTE 26 — 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 |
|
NOTE 28 — EARNINGS PER SHARE (as restated)
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|
|
|
|
|
|
|
|
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 |
|