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SEGMENTS (Tables) - Seamless Group Inc [Member]

12 Months Ended

Dec. 31, 2022

SCHEDULE OF SEGMENT REPORTING FOR REVENUE

SCHEDULE OF SEGMENT REPORTING FOR REVENUE 

		2022				2021
		Years ended December 31,
		2022				2021
		US$				US$
Revenue
Remittance services			26,714,151				30,196,550
Sales of Airtime			28,501,152				26,985,504
Other services			285,614				319,316
Revenue			55,500,917				57,501,370

		Years ended December 31,
		2022				2021
		US$				US$
Cost of sales
Remittance services			(13,268,205	)			(14,712,592	)
Sales of Airtime			(26,370,613	)			(24,682,635	)
Other services			(242,129	)			(209,114	)
Cost of sales			(39,880,947	)			(39,604,341	)

		Years ended December 31,
		2022				2021
		US$				US$
Gross Profit
Remittance services			13,445,946				15,483,958
Sales of Airtime			2,130,539				2,302,869
Other services			43,485				110,202
Gross Profit			15,619,970				17,897,029

SCHEDULE FOR ADDITIONS TO LONG-LIVED ASSETS OTHER THAN GOODWILL AND ACQUIRED INTANGIBLE ASSETS

The following table sets forth the Expenditures for additions to long-lived assets other than goodwill and acquired intangible assets:

SCHEDULE FOR ADDITIONS TO LONG-LIVED ASSETS OTHER THAN GOODWILL AND ACQUIRED INTANGIBLE ASSETS

		2022				2021
		December 31,
		2022				2021
		US$				US$
Remittance services expense			532,457				405,880
Sales of Airtime			-				-
Other services			-				-
Expenditure for additions to long-lived assets other than goodwill and acquired intangible assets			532,457				405,880

SCHEDULE OF GEOGRAPHICAL INFORMATION

The following table sets forth the revenues by geographical area:

SCHEDULE OF GEOGRAPHICAL INFORMATION

		2022				2021
		Years ended December 31,
		2022				2021
		US$				US$
Revenue
Hong Kong			8,647,764				8,307,589
Malaysia			36,742,314				46,746,853
Indonesia			10,110,839				2,446,928
Revenue			55,500,917				57,501,370

SCHEDULE OF LONG LIVED ASSETS GEOGRAPHICAL INFORMATION

The following table sets forth the long-lived assets other than goodwill and intangible assets by geographical area:

SCHEDULE OF LONG LIVED ASSETS GEOGRAPHICAL INFORMATION

		2022				2021
		December 31,
		2022				2021
		US$				US$
Long-lived assets other than goodwill and acquired intangible assets
Hong Kong			3,647,913				5,897,263
Malaysia			1,276,989				930,515
Indonesia			121,698				-
Long-Lived Assets			5,046,600				6,827,778
Add: Non-disclose items
Investment in an equity security			100,000				100,000
Deferred tax assets			768,617				106,151
Goodwill			27,001,383				19,229,528
Acquired intangible assets			6,467,231				8,007,788
Long-lived assets other than goodwill and acquired intangible assets			39,383,831				34,271,245

SCHEDULE OF GOODWILL REPORTABLE SEGMENTS

The following table sets forth the goodwill by reportable segments:

 SCHEDULE OF GOODWILL REPORTABLE SEGMENTS

		2022				2021
		December 31,
		2022				2021
		US$				US$
Remittance services			12,921,592				12,921,592
Sales of Airtime			14,079,791				6,307,936
Gross Profit			27,001,383				19,229,528

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