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Goodwill
12 Months Ended
Jan. 31, 2024
Goodwill  
Goodwill

Note 9 – Goodwill

Goodwill is recorded when the consideration paid for an acquisition of a business exceeds the fair value of identifiable net tangible and intangible assets acquired. The following table summarizes the changes in goodwill since January 31, 2022:

    

January 31,

    

January 31,

2024

2023

Balance at beginning of period

 

675,647

 

608,761

Acquisition of NetCHB

 

 

26,797

Acquisition of Foxtrot

 

 

1,527

Acquisition of XPS

 

 

43,529

Acquisition of Supply Vision

 

 

6,763

Acquisition of GroundCloud

82,750

Acquisition of Localz

954

Adjustments on account of foreign exchange

 

1,062

 

(11,730)

Balance at end of period

760,413

675,647