v3.26.3
Deferred purchase price
6 Months Ended
Jun. 30, 2026
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

​

​

2026

​

2025

​

​

USD

​

USD

Opening balance

 

694,134

 

1,148,013

Change in fair value

 

7,462

 

(158,154)

Issuance of shares

 

—

 

(295,725)

Ending balance

 

701,596

 

694,134

​

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.

The deferred purchase price is detailed as follows:

​

​

​

​

​

​

  ​ ​ ​

(Unaudited)

  ​ ​ ​

(Audited)

​

​

At 30 June

​

At 31 December

​

​

2026

​

2025

​

​

USD

​

USD

Shotl Transportation, S.L.

 

695,398

 

685,346

Urbvan Mobility Ltd.

 

—

 

—

Door2Door

 

6,198

 

8,788

​

 

701,596

 

694,134

​

12Deferred purchase price (Continued)

​

​

​

​

​

​

​

  ​ ​ ​

(Unaudited)

  ​ ​ ​

(Audited)

​

​

At 30 June

​

At 31 December

Maturity analysis

​

2026

​

2025

​

​

USD

​

USD

Less than one year (current)

​

701,596

​

694,134

​

 

701,596

 

694,134

​