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SEGMENTS | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2024 | Dec. 31, 2023
Seamless Group Inc. [Member] |  |
SEGMENTS | 6 Segments SEGMENTS SCHEDULE OF SEGMENT REPORTING FOR REVENUE
|  | 2024 |  |  | 2023 |
|  | Three months ended March 31, |
|  | 2024 |  |  | 2023 |
|  | US$ |  |  | US$ |
Revenue |  |  |  |  |  |
Remittance services |  |  | - |  |  |  | - |
Fiat remittance |  |  | 6,467,068 |  |  |  | 6,264,944 |
ODL remittance |  |  | 279,831 |  |  |  | 711,800 |
Sales of Airtime |  |  | 6,314,878 |  |  |  | 6,857,305 |
Other services |  |  | 42,346 |  |  |  | 38,546 |
Revenue |  |  | 13,104,123 |  |  |  | 13,872,595 |
Cost of sales |  |  |  |  |  |  |  |
Remittance services |  |  | (2,882,759 | ) |  |  | (3,098,713 | )
Sales of Airtime |  |  | (5,732,411 | ) |  |  | (6,150,996 | )
Other services |  |  | (81,392 | ) |  |  | (72,310 | )
Cost of sales |  |  | (8,696,562 | ) |  |  | (9,322,019 | )
Gross Profit |  |  |  |  |  |  |  |
Remittance services |  |  | 3,864,140 |  |  |  | 3,878,031 |
Sales of Airtime |  |  | 582,467 |  |  |  | 706,309 |
Other services |  |  | (39,046 | ) |  |  | (33,764 | )
Gross Profit |  |  | 4,407,561 |  |  |  | 4,550,576 |
| 18 Segments SEGMENTS SCHEDULE OF SEGMENT REPORTING FOR REVENUE
|  | Years ended December 31, |
|  | 2023 |  |  | 2022 |
|  | US$ |  |  | US$ |
Revenue |  | - |  |  | - |
Remittance services |  |  | 26,695,196 |  |  |  | 26,714,151 |
Sales of Airtime |  |  | 26,398,707 |  |  |  | 28,501,152 |
Other services |  |  | 161,458 |  |  |  | 285,614 |
Revenue |  |  | 53,255,361 |  |  |  | 55,500,917 |
|  | Years ended December 31, |
|  | 2023 |  |  | 2022 |
|  | US$ |  |  | US$ |
Cost of sales |  | - |  |  | - |
Remittance services |  |  | (11,375,525 | ) |  |  | (13,268,205 | )
Sales of Airtime |  |  | (24,206,112 | ) |  |  | (26,370,613 | )
Other services |  |  | (317,419 | ) |  |  | (242,129 | )
Cost of sales |  |  | (35,899,057 | ) |  |  | (39,880,947 | )
|  | Years ended December 31, |
|  | 2023 |  |  | 2022 |
|  | US$ |  |  | US$ |
Gross Profit |  |  | - |  |  |  | - |
Remittance services |  |  | 15,319,671 |  |  |  | 13,445,946 |
Sales of Airtime |  |  | 2,192,595 |  |  |  | 2,130,539 |
Other services |  |  | (155,962 | ) |  |  | 43,485 |
Gross Profit |  |  | 17,356,304 |  |  |  | 15,619,970 |
SEAMLESS GROUP INC. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
18 | Segments (Continued)
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
|  | December 31, |
|  | 2023 |  |  | 2022 |
|  | US$ |  |  | US$ |
Remittance services expense |  |  | 302,950 |  |  |  | 532,457 |
Sales of Airtime |  |  | - |  |  |  | - |
Other services |  |  | - |  |  |  | - |
Expenditure for additions to long-lived assets other than goodwill and acquired intangible assets |  |  | 302,950 |  |  |  | 532,457 |
The following table sets forth the revenues by geographical area: SCHEDULE OF GEOGRAPHICAL INFORMATION
|  | Years ended December 31, |
|  | 2023 |  |  | 2022 |
|  | US$ |  |  | US$ |
Revenue |  |  |  |  |  |
Hong Kong |  |  | 9,726,364 |  |  |  | 8,647,764 |
Malaysia |  |  | 29,317,906 |  |  |  | 36,742,314 |
Indonesia |  |  | 14,211,091 |  |  |  | 10,110,839 |
Revenue |  |  | 53,255,361 |  |  |  | 55,500,917 |
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
|  | December 31, |
|  | 2023 |  |  | 2022 |
|  | US$ |  |  | US$ |
Long-lived assets other than goodwill and acquired intangible assets |  |  |  |  |  |  |  |
Hong Kong |  |  | 4,368,106 |  |  |  | 3,647,913 |
Malaysia |  |  | 1,005,601 |  |  |  | 1,276,989 |
Indonesia |  |  | 62,056 |  |  |  | 121,698 |
Long-Lived Assets |  |  | 5,435,763 |  |  |  | 5,046,600 |
Add: Non-disclose items |  |  |  |  |  |  |  |
Investment in an equity security |  |  | 100,000 |  |  |  | 100,000 |
Deferred tax assets |  |  | 972,984 |  |  |  | 768,617 |
Goodwill |  |  | 27,001,383 |  |  |  | 27,001,383 |
Acquired intangible assets |  |  | 4,926,674 |  |  |  | 6,467,231 |
Long-lived assets other than goodwill and acquired intangible assets |  |  | 33,001,041 |  |  |  | 39,383,831 |
SEAMLESS GROUP INC. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
18 | Segments (Continued)
The following table sets forth the goodwill by reportable segments: SCHEDULE OF GOODWILL REPORTABLE SEGMENTS
|  | December 31, |
|  | 2023 |  |  | 2022 |
|  | US$ |  |  | US$ |
Remittance services |  |  | 12,921,592 |  |  |  | 12,921,592 |
Sales of Airtime |  |  | 14,079,791 |  |  |  | 14,079,791 |
Goodwill |  |  | 27,001,383 |  |  |  | 27,001,383 |

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