Consolidated Statement of Comprehensive Income - USD ($) |
12 Months Ended | |
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Dec. 31, 2024 |
Dec. 31, 2023 |
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Profit or loss [abstract] | ||
Revenue | $ 76,472,340 | $ 105,695,648 |
Direct costs | (29,960,492) | (23,755,056) |
Gross profit | 46,511,848 | 81,940,592 |
Other income | 2,102,699 | 189,857 |
Change in estimated fair value of derivative warrant liability | 314,188 | 3,931,592 |
General and administration expenses | (15,874,911) | (54,075,686) |
Finance costs | (25,233,924) | (20,915,219) |
Litigation settlement | (55,746,035) | |
Changes in fair value of derivative financial instruments | (3,349,664) | (3,653,296) |
Profit / (loss) before tax | 4,470,236 | (48,328,195) |
Income tax expense | (31,326) | |
Profit / (loss) for the year | 4,438,910 | (48,328,195) |
Other comprehensive income | ||
Total comprehensive income / (loss) for the year | $ 4,438,910 | $ (48,328,195) |
Basic earnings / (loss) per share (in Dollars per share) | $ 0.05 | $ (0.55) |
Diluted earnings / (loss) per share (in Dollars per share) | $ 0.05 | $ (0.55) |
Adjusted EBITDA | $ 54,278,122 | $ 79,693,228 |
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- Definition Adjusted EBITDA. No definition available.
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- Definition Change in estimated fair value of derivative warrant liability . No definition available.
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- Definition Changes in fair value of derivative financial instruments. No definition available.
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- Definition Litigation settlement. No definition available.
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- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator) divided by the weighted average number of ordinary shares outstanding during the period (the denominator). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of change in equity resulting from transactions and other events, other than those changes resulting from transactions with owners in their capacity as owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of all expenses directly or indirectly attributed to the goods or services sold. Attributed expenses include, but are not limited to, costs previously included in the measurement of inventory that has now been sold, such as depreciation and maintenance of factory buildings and equipment used in the production process, unallocated production overheads, and abnormal amounts of production costs of inventories. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of profit (loss) attributable to ordinary equity holders of the parent entity (the numerator), divided by the weighted average number of ordinary shares outstanding during the period (the denominator), both adjusted for the effects of all dilutive potential ordinary shares. [Refer: Ordinary shares [member]; Weighted average [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of costs associated with financing activities of the entity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of revenue less cost of sales. [Refer: Cost of sales; Revenue] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of income and expense (including reclassification adjustments) that is not recognised in profit or loss as required or permitted by IFRSs. [Refer: IFRSs [member]] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of operating income that the entity does not separately disclose in the same statement or note. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The profit (loss) before tax expense or income. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of expense relating to selling, general and administrative activities of the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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