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Goodwill
6 Months Ended
Jul. 31, 2025
Goodwill  
Goodwill

Note 10 – 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, 2024:

    

July 31,

    

January 31,

2025

2025

Balance at beginning of period

 

924,755

 

760,413

Acquisition of OCR

 

 

52,112

Acquisition of ASD

 

 

35,604

Acquisition of BoxTop

 

 

7,747

Acquisition of MCP

 

 

13,429

Acquisition of Sellercloud

 

 

72,059

Acquisition of 3GTMS

48,245

Adjustments on account of foreign exchange

 

19,524

 

(16,609)

Balance at end of period

992,524

924,755