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Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure of significant accounting policies [text block] [Abstract]

Schedule of currency exchange rates impact

		Period End Rate												Average Rate
		As of December 31,												For the Years Ended
		2021				2020				2019				2021				2020				2019
Thai Baht			0.0300				0.0333				0.0334				0.0313				0.0320				0.0324
Hong Kong Dollar			0.1282				0.1282				0.1280				0.1282				0.1282				0.1280

Schedule of non-derivative financial liabilities

Year ended December 31, 2021		Within 1 year				1 to 5 years				>5 years				Total

Trade and other payables		$	1,028,721			$	-			$	-			$	1,028,721
Borrowings			933,110				859,120				-				1,792,230
Borrowings from related parties			13,506,184				5,332,803				-				18,838,987
Amount due to related parties			2,217,752				-								2,217,752
Other liabilities			1,824,635				54,000				-				1, 878,635
Lease liabilities			2,366,045				-				-				2,366,045
Finance lease liabilities			619,301				666,455				-				1,285,756
Provision for employee benefits			563,243				1,856,583				32,165,128				34,584,954
		$	23,058,991			$	8,768,961			$	32,165,128			$	63,993,080

Year ended December 31, 2020		Within 1 year				1 to 5 years				>5 years				Total

Trade and other payables		$	1,540,411			$	-			$	-			$	1,540,411
Borrowings from financial institutions			494,994				993,869				-				1,488,863
Borrowings from related parties			-				19,085,812				-				19,085,812
Amount due to related parties			1,670,469				-								1,670,469
Other current liabilities			1,249,106				-				-				1,249,106
Income tax payables			284,627				-				-				284,627
Lease liabilities			2,211,984				2,106,429				-				4,318,413
Finance lease liabilities			701,796				1,074,047				-				1,775,843
Provision for employee benefits			479,261				1,478,194				36,040,019				37,997,474
		$	8,632,648			$	24,738,351			$	36,040,019			$	69,411,018

Schedule of net debt analysis

		As of December 31,
		2021				2020
Cash, cash equivalents, and restricted cash		$	15,853,811			$	10,129,910
Borrowings – repayable within one year			(14,439,294	)			(494,994	)
Borrowings – repayable within one year			(6,191,923	)			(20,079,681	)
Net debt		$	(4,777,406	)		$	(10,444,765	)

Schedule of estimated useful lives of property and equipment

		Estimated useful life
Leasehold improvements		Lesser of useful life or remaining lease term
Tools and equipment		5 years
Furniture, fixtures and office equipment		5 years
Vehicles		5,10 years
GDM machines		5 years
Robots		5 years

Schedule of disaggregation information of revenue by service type

		For the year ended December 31,
Service Type		2021				Percentage of Total Revenue				2020				Percentage of Total Revenue				2019				Percentage of Total Revenue
Cash-In-Transit – Non-Dedicated Vehicles (CIT Non-DV)		$	11,205,580				31.9	%		$	12,045,914				32.0	%		$	12,052,738				31.2	%
Cash-In-Transit - Dedicated Vehicle to Banks (CIT DV)			4,556,538				13.0	%			4,822,354				12.8	%			4,958,139				12.9	%
ATM Management			10,809,497				30.7	%			12,542,613				33.3	%			14,024,291				36.4	%
Cash Processing (CPC)			3,034,360				8.6	%			2,842,209				7.5	%			2,283,835				5.9	%
Cash Center Operations (CCT)			2,802,171				8.0	%			3,256,423				8.6	%			3,661,135				9.5	%
Consolidate Cash Center (CCC)			182,263				0.5	%			-				-	%			-				-	%
Cheque Center Service (CDC)			59,923				0.2	%			61,197				0.2	%			394,290				1.0	%
Others **			5,270				0.0	%			399,977				1.1	%			38,570				0.1	%
Cash Deposit Management Solutions (GDM)			1,644,611				4.7	%			1,457,307				3.9	%			1,158,082				3.0	%
Robotic AI solutions			368,659				1.0	%			220,788				0.6	%			-				-	%
Information security			484,318				1.4	%			-				-	%			-				-	%
Total		$	35,153,190				100	%		$	37,648,782				100	%		$	38,571,080				100	%

**

Others includes revenues from express cash, coin processing services and international shipment.