Other gains (losses), net |
28. |
Other gains (losses), net |
|
|
| |
Year ended | | |
Year ended | | |
Year ended | |
| |
December 31, 2024 | | |
December 31, 2023 | | |
December 31, 2022 | |
Gain/(loss) on financial liabilities at fair value through profit or loss (Refer to Note 22 and 23)* | |
| (59,540,069 | ) | |
| 6,050,777 | | |
| 437,319 | |
Net currency exchange gains (losses)** | |
| (27,799,084 | ) | |
| 78,178 | | |
| 1,079,191 | |
Loss on financial assets at fair value through profit or loss (Refer to Note 6) | |
$ | (46,146 | ) | |
$ | (78,128 | ) | |
$ | (32,311 | ) |
Loss on disposal of subsidiaries | |
| - | | |
| - | | |
| (69,335 | ) |
Gain (loss) on disposal of property and equipment | |
| 656 | | |
| (94 | ) | |
| (70,698 | ) |
Loss on lease modification | |
| - | | |
| - | | |
| (48,488 | ) |
Other losses | |
| (41,156 | ) | |
| (17,914 | ) | |
| (72,793 | ) |
| |
$ | (87,425,799 | ) | |
$ | 6,032,819 | | |
$ | 1,222,885 | |
| * | Gain/(loss) on financial liabilities at fair value through profit
or loss includes notional non-cash impact of fair value remeasurement on convertible preference shares and warrants. |
| ** | During the year ended December 31, 2024, net currency exchange
losses increased primarily due to devaluation of monetary assets denominated in the Egyptian pound arising from the sharp depreciation
of the Egyptian pound against the U.S. dollar in March 2024. |
|