| EARNINGS PER SHARE |
NOTE 26 — EARNINGS PER SHARE
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Years ended December 31, |
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2021 |
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2020 |
Basic loss per share from continuing operations |
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$ |
(0.28) |
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$ |
(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 |
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Net Loss |
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$ |
(4,489,198) |
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$ |
(3,192,314) |
Non-controlling Interest |
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(173,959) |
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(75,159) |
Loss attributable to ordinary shareholders |
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$ |
(4,663,157) |
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$ |
(3,117,155) |
Weighted average number of ordinary shares: |
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Issued at the beginning of the year |
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16,155,812 |
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9,742,998 |
Issued in current year |
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— |
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6,412,812 |
Issued at the end of the year |
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16,155,812 |
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16,155,812 |
Weighted average |
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16,155,812 |
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12,575,605 |
Diluted earnings (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 |
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7,138,140 |
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7,138,140 |
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