v3.25.1
Other Gains (Losses), Net
12 Months Ended
Dec. 31, 2024
Other Gains (Losses), Net [Abstract]  
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.