Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Consolidated statements of comprehensive income

v3.22.2
Consolidated statements of comprehensive income - USD ($)
12 Months Ended
Feb. 28, 2022
Feb. 28, 2021
Feb. 29, 2020
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)