v3.25.2
Deferred purchase price
6 Months Ended
Jun. 30, 2025
Deferred purchase price.  
Deferred purchase price

12Deferred purchase price

The movement in the deferred purchase price is as follows:

    

(Unaudited)

    

(Audited)

At 30 June

At 31 December

2025

2024

USD

USD

Opening balance

 

1,148,013

 

1,207,682

Change in fair value

 

(205,610)

 

1,865,274

Issuance of shares

 

(295,725)

 

(1,924,943)

Ending balance

 

646,678

 

1,148,013

The deferred purchase price consists of outstanding cash payments and share issuances. The change in fair value is a result of revaluing the shares outstanding to reflect share price as per the purchase agreements. Management has not used any complex assumptions in arriving at the fair value of the deferred purchase price.

12Deferred purchase price (Continued)

The deferred purchase price is detailed as follows:

    

(Unaudited)

    

(Audited)

At 30 June

At 31 December

2025

2024

USD

USD

Shotl Transportation, S.L.

 

627,158

 

627,158

Urbvan Mobility Ltd.

 

 

491,344

Door2Door

 

19,520

 

29,511

 

646,678

 

1,148,013

    

(Unaudited)

    

(Audited)

At 30 June

At 31 December

Maturity analysis

2025

2024

USD

USD

Less than one year (current)

646,678

1,148,013

 

646,678

 

1,148,013