|
Total adjustments to reconcile profit (loss)
|
|
$5.0m
|
$20.0m
|
$48.3m
|
($36.8m)
|
($30.8m)
|
($31.0m)
|
|
Depreciation
|
|
$1.3m
|
$4.3m
|
$6.0m
|
$5.9m
|
$4.0m
|
$2.7m
|
|
Amortization of intangible assets
|
|
$1.1m
|
$3.1m
|
$1.6m
|
$1.9m
|
$1.9m
|
$1.1m
|
|
Impairment loss of goodwill
|
|
$571k
|
$0
|
$0
|
$3.9m
|
$0
|
$6.8m
|
|
Equity-settled share-based payment expenses
|
|
$1.6m
|
$22.5m
|
$31.6m
|
$10.6m
|
$7.8m
|
$7.6m
|
|
Share-based payment expenses in relation to issuance of shares to advisors
|
|
—
|
—
|
$0
|
$0
|
$4.1m
|
$0
|
|
(Gain)/loss on disposal of property, plant and equipment
|
|
$2k
|
($39)
|
$73k
|
$818k
|
$2k
|
($11k)
|
|
Income tax expense/(credit)
|
|
($1.9m)
|
$3.7m
|
$7.1m
|
($386k)
|
($7.9m)
|
$12k
|
|
Loss for the year
|
|
($2.0m)
|
($174.0m)
|
($190.5m)
|
($64.8m)
|
($49.8m)
|
($40.0m)
|
|
Bank interest income
|
|
($8k)
|
($4k)
|
($472k)
|
($3.9m)
|
($2.0m)
|
($1.1m)
|
|
Other finance costs
|
|
$60k
|
$5.2m
|
$4.2m
|
$242k
|
$203k
|
$258k
|
|
Fair value (gain)/loss on financial assets at fair value through profit or loss
|
|
—
|
—
|
$9.4m
|
$7.1m
|
$8.9m
|
($780k)
|
|
Fair value loss/(gain) on warrant liabilities
|
|
—
|
$0
|
($3.2m)
|
($3.4m)
|
($49k)
|
$17.9m
|
|
Gain on warrant exchange
|
|
—
|
—
|
—
|
$0
|
$0
|
($36.7m)
|
|
Unrealized fair value loss on digital assets
|
|
—
|
—
|
—
|
$0
|
$0
|
$9.7m
|
|
Net foreign exchange losses
|
|
$280k
|
($285k)
|
$224k
|
$820k
|
$119k
|
$498k
|
|
Write-off on inventories
|
|
—
|
$0
|
$2.1m
|
$3.1m
|
$736k
|
$721k
|
|
Gain on disposal of a subsidiary
|
|
—
|
—
|
—
|
$0
|
$0
|
($2.0m)
|
|
Gain on partial disposal of an equity-accounted investee
|
|
$1.1m
|
$0
|
$0
|
$859k
|
($1.2m)
|
$0
|
|
Share of loss of equity-accounted investees, net of tax
|
|
—
|
—
|
—
|
$859k
|
$1.8m
|
$2.1m
|
|
Decrease/(increase) in deferred expenses
|
|
—
|
$0
|
($10.9m)
|
($959k)
|
$8.3m
|
$3.5m
|
|
(Increase)/decrease in inventories
|
|
($3.7m)
|
($2.3m)
|
$1.3m
|
($1.7m)
|
$1.3m
|
($2.8m)
|
|
(Increase)/decrease in trade receivables
|
|
($20.1m)
|
($24.1m)
|
$7.0m
|
$37.6m
|
($563k)
|
($528k)
|
|
(Increase)/decrease in deposits, prepayments and other receivables
|
|
($1.1m)
|
($6.1m)
|
($1.2m)
|
$1.6m
|
($2.1m)
|
($3.8m)
|
|
(Increase)/decrease in amounts due from related companies
|
|
—
|
($9k)
|
$9k
|
($5k)
|
$3k
|
($1k)
|
|
Decrease/(increase) in amounts due from equity-accounted investees
|
|
—
|
$0
|
$0
|
($132k)
|
$132k
|
$0
|
|
Decrease/(increase) in other non-current assets
|
|
($33k)
|
($500k)
|
$431k
|
$535k
|
($427k)
|
$123k
|
|
Increase/(decrease) in trade payables
|
|
$9.7m
|
($3.5m)
|
($2.6m)
|
($5.6m)
|
($4.7m)
|
$331k
|
|
Increase/(decrease) in accrued expenses and other current liabilities
|
|
$6.0m
|
$27.4m
|
($24.4m)
|
($7.4m)
|
$854k
|
$15.5m
|
|
(Decrease)/increase in contract liabilities
|
|
$1.5m
|
$2.5m
|
($4.0m)
|
$437k
|
$380k
|
($3.3m)
|
|
Increase/(decrease) in other non-current liabilities
|
|
—
|
$0
|
$726k
|
($124k)
|
($1.2m)
|
$3k
|
|
Cash used in operating activities
|
|
($2.8m)
|
$13.4m
|
$14.6m
|
($12.6m)
|
($28.9m)
|
($21.8m)
|
|
Payment for purchase of digital assets
|
|
—
|
—
|
—
|
$0
|
$0
|
($54.4m)
|
|
Payment for purchase of intangible assets
|
|
($197k)
|
($2.9m)
|
($1.4m)
|
($567k)
|
($59k)
|
$0
|
|
Payment for purchase of short-term deposits
|
|
—
|
$0
|
($19.9m)
|
($16.0m)
|
$0
|
$0
|
|
Payment for purchase of financial assets at fair value through profit or loss
|
|
—
|
($10.0m)
|
($20.0m)
|
($10.0m)
|
($129k)
|
($20.0m)
|
|
Proceeds from partial disposal of an equity-accounted investee
|
|
—
|
—
|
$0
|
$0
|
$30.0m
|
$0
|
|
Proceeds from redemption of short-term deposits
|
|
—
|
$0
|
$0
|
$19.9m
|
$16.0m
|
$0
|
|
Net cash inflow from disposal of a subsidiary
|
|
—
|
—
|
—
|
$0
|
$0
|
$37.8m
|
|
Payment for acquisition of a subsidiary, net of cash acquired
|
|
($2.9m)
|
$0
|
($3.4m)
|
$0
|
($8.3m)
|
$0
|
|
Investment in an equity-accounted investee
|
|
—
|
$0
|
$0
|
($80.0m)
|
$0
|
$0
|
|
Interest received
|
|
$8k
|
$4k
|
$472k
|
$3.9m
|
$2.0m
|
$1.1m
|
|
Capital element of lease rentals paid
|
|
($611k)
|
($1.3m)
|
($1.9m)
|
($3.2m)
|
($2.6m)
|
($2.4m)
|
|
Proceeds from issuance of shares
|
|
—
|
$0
|
$117k
|
$2k
|
$0
|
$2k
|
|
Proceeds from public placement
|
|
—
|
—
|
—
|
$0
|
$0
|
$40.2m
|
|
Payment for purchase of treasury shares
|
|
—
|
$0
|
($662k)
|
($1.2m)
|
($577k)
|
$0
|
|
Net cash used in operating activities
|
|
($2.9m)
|
$13.4m
|
$14.5m
|
($13.8m)
|
($28.9m)
|
($21.8m)
|
|
Write-off on property, plant and equipment
|
|
$11k
|
$476k
|
$268k
|
$331k
|
$558k
|
$117k
|
|
Payment for purchase of property, plant and equipment
|
|
($2.9m)
|
($8.5m)
|
($4.9m)
|
($345k)
|
($1.0m)
|
($208k)
|
|
Proceeds from disposal of property, plant and equipment
|
|
$11k
|
$714k
|
$50k
|
$99k
|
$42k
|
$11k
|
|
Net cash outflow from investing activities
|
|
($6.0m)
|
($22.0m)
|
($46.1m)
|
($83.0m)
|
$38.5m
|
($35.7m)
|
|
Net cash from/(used in) financing activities
|
|
$11.8m
|
$29.3m
|
$143.3m
|
($4.7m)
|
($3.3m)
|
$37.5m
|
|
Effect of foreign exchange rate changes
|
|
($20k)
|
$87k
|
($317k)
|
$468k
|
$221k
|
($67k)
|
|
Net (decrease)/increase in cash and cash equivalents
|
|
$3.0m
|
$20.7m
|
$111.7m
|
($101.4m)
|
$6.3m
|
($20.1m)
|
|
Cash and cash equivalents at the beginning of the year
|
|
$14.5m
|
$35.3m
|
$146.7m
|
$45.7m
|
$52.3m
|
$32.1m
|
|
Interest element of lease rentals paid
|
|
($49k)
|
($206k)
|
($244k)
|
($241k)
|
($203k)
|
($258k)
|
|
Income taxes paid
|
|
($119k)
|
$20k
|
($60k)
|
($1.1m)
|
$0
|
$0
|