Consolidated statements of comprehensive income - USD ($) |
12 Months Ended | ||
|---|---|---|---|
Feb. 28, 2022 |
Feb. 28, 2021 |
Feb. 29, 2020 |
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| Revenue | |||
| Revenue | $ 56,679,753 | $ 55,473,725 | $ 16,898,178 |
| Cost of revenue | |||
| Cost of revenue | (21,172,335) | (4,356,996) | (112,803) |
| Marketing and sales | (1,854,577) | (4,342,591) | (21,241) |
| General and administrative | (31,158,789) | (14,382,806) | (1,406,087) |
| Impairment - trade and loan receivables | (6,789,320) | (3,925,335) | (183,232) |
| Impairment - intangible assets | (1,907,503) | ||
| Impairment - contract costs | (1,496,501) | (1,100,000) | |
| Total expenses | 41,299,187 | 25,658,235 | 1,610,560 |
| Results from operating activities | (5,791,769) | 25,458,494 | 15,174,815 |
| Other income | 63,489 | 113,456 | |
| Change in fair value of warrant liabilities | (40,772,657) | (26,111,685) | |
| Unrealised gain on other investments | 142,783 | ||
| Finance income | 11,609 | 48,011 | 1,342 |
| Finance costs | (636,679) | (130,490) | (2,817) |
| Net finance costs | (625,070) | (82,479) | (1,475) |
| Profit before income tax | 34,562,090 | 51,601,156 | 15,173,340 |
| Income tax expense | (1,138,561) | (6,348,444) | (1,592,549) |
| Profit for the year | 33,423,529 | 45,252,712 | 13,580,791 |
| Other comprehensive income | |||
| Foreign operations - foreign currency translation differences | (282) | ||
| Total comprehensive income for the year | 33,423,247 | 45,252,712 | 13,580,791 |
| Profit attributable to: | |||
| Owners of the Company | 33,427,019 | $ 45,252,712 | $ 13,580,791 |
| Non-controlling interests | $ (3,490) | ||
| Earnings per share attributable to equity holders of the Company | |||
| Basic and diluted | $ 0.44 | $ 0.74 | $ 4.07 |
| Platform Fees | |||
| Revenue | |||
| Revenue | $ 38,086,928 | $ 55,473,725 | $ 16,898,178 |
| Cost of revenue | |||
| Cost of revenue | (2,900,195) | $ (4,356,996) | $ (112,803) |
| Trade Marketplace | |||
| Revenue | |||
| Revenue | 18,592,825 | ||
| Cost of revenue | |||
| Cost of revenue | $ (18,272,140) | ||
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- Definition Adjustments for increase (decrease) in other liabilities to reconcile profit (loss) to net cash flow from (used in) operating activities. [Refer: Other liabilities; Profit (loss)] Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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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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- References No definition available.
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- Definition The amount of expenses aggregated according to their nature (for example, depreciation, purchases of materials, transport costs, employee benefits and advertising costs), and not reallocated among functions within the entity. 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 income associated with interest and other financing activities of the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of income or cost associated with interest and other financing activities of the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of expense relating to general and administrative activities of the entity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The amount of impairment loss for assets recognised from the costs incurred to obtain or fulfil contracts with customers. [Refer: Assets recognised from costs to obtain or fulfil contracts with customers; Impairment loss] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of impairment loss recognised in other comprehensive income for intangible assets other than goodwill. [Refer: Impairment loss recognised in other comprehensive income; Intangible assets other than goodwill] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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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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- References No definition available.
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- Definition The amount of other comprehensive income, net of tax, after reclassification adjustments, related to exchange differences when financial statements of foreign operations are translated. [Refer: Other comprehensive income] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of operating income (expense) that the entity does not separately disclose in the same statement or note. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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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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- References No definition available.
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- Definition The profit (loss) from continuing and discontinued operations attributable to non-controlling interests. [Refer: Profit (loss); Non-controlling interests] Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The profit (loss) from continuing and discontinued operations attributable to owners of the parent. [Refer: Profit (loss)] 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 profit (loss) from operating activities of the entity. [Refer: Profit (loss)] Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The amount of revenue from contracts with customers. A customer is a party that has contracted with an entity to obtain goods or services that are an output of the entity’s ordinary activities in exchange for consideration. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of expense relating to the marketing and selling of goods or services. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Costs of revenue. No definition available.
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- Definition Earnings per share attributable to equity holders of the Company basic and diluted. No definition available.
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- Definition Impairment loss recognized in profit or loss trade and loan receivables. No definition available.
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- Definition Unrealised gain on other investments. No definition available.
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