Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

EARNINGS PER SHARE

v3.23.2
EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2022
EARNINGS PER SHARE

NOTE 28 — EARNINGS PER SHARE

 

    2022     2021  
    Years ended December 31,  
    2022     2021  
Loss per share, basic and diluted   $ (2.44 )   $ (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                
Net Loss   $ (55,251,547 )   $ (4,489,198 )
Non-Controlling Interest     (206,021 )     (173,959 )
Loss Attributed to Ordinary Shareholders   $ (55,045,526 )   $ (4,315,239 )
                 
Weighted Average Number of Ordinary Shares                
Issued at the beginning of the year     16,155,812       16,155,812  
Issued in current Year     11,549,415        
Issued at the end of the year     27,705,227       16,155,812  
Weighted Average     22,634,366       16,155,812  
                 
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 and RSUs     1,511,664       7,138,140