| EARNINGS PER SHARE |
NOTE
28 — EARNINGS PER SHARE
SUMMARY OF 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 |
|
|