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Midas Edge

Currenc Group Inc

For the period ended Sep 30, 2024. Filed Nov 19, 2024.

View on SEC.gov

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Nov 19, 2024

CURR$1.89+1.6%Stored close · as of Nov 6, 2026

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Contents

Condensed Statements of Changes in Shareholders’ Deficit (Unaudited)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICIT

For the Three and Nine Months ended September 30, 2024 AND 2023 (UNAUDITED)

Accumulated Other Comprehensive Loss
Number of SharesCommon SharesAdditional Paid-in CapitalAccumulated DeficitForeign currency translation adjustmentsRemeasurement of post-employee benefits obligationTotal Shareholders’ DeficitNon-controlling InterestsTotal Deficit
Balance at January 1, 2023 (as previously reported)58,030,00058,03029,172,373(76,768,829)40,79320,505(47,477,128)22,741,749(24,735,379)
Retroactive application of the recapitalization (1)(24,049,247)(54,632)54,632------
Balance at January 1, 2023 (as adjusted)33,980,7533,39829,227,005(76,768,829)40,79320,505(47,477,128)22,741,749(24,735,379)
Net loss---(3,543,442)--(3,543,442)203,635(3,339,807)
Foreign currency translation adjustments----597,714(692)597,022(12,469)584,553
Balance at March 31, 202333,980,7533,39829,227,005(80,312,271)638,50719,813(50,423,548)22,932,915(27,490,633)
Net loss---(3,537,372)--(3,537,372)245,194(3,292,178)
Foreign currency translation adjustments----(188,280)2(188,278)7,851(180,427)
Balance at June 30, 202333,980,7533,39829,227,005(83,849,643)450,22719,815(54,149,198)23,185,960(30,963,238)
Net loss---(3,830,445)--(3,830,445)15,333(3,815,112)
Foreign currency translation adjustments----(5,408)-(5,408)(10,205)(15,613)
Balance at September 30, 202333,980,7533,39829,227,005(87,680,088)444,81919,815(57,985,051)23,191,088(34,793,963)
Accumulated Other Comprehensive Loss
Number of SharesCommon SharesAdditional Paid-in CapitalAccumulated DeficitForeign currency translation adjustmentsRemeasurement of post-employee benefits obligationTotal Shareholders’ DeficitNon-controlling InterestsTotal Deficit
Balance at January 1, 2024 (as previously reported)58,030,00058,03029,172,373(92,075,379)68,55119,815(62,756,610)23,613,363(39,143,247)
Retroactive application of the recapitalization (1)(24,049,247)(54,632)54,632------
Balance at January 1, 2024 (as adjusted)33,980,7533,39829,227,005(92,075,379)68,55119,815(62,756,610)23,613,363(39,143,247)
Net loss---(3,034,984)--(3,034,984)403,056(2,631,928)
Foreign currency translation adjustments----363,393-363,3934,742368,135
Balance at March 31, 202433,980,7533,39829,227,005(95,110,363)431,94419,815(65,428,201)24,021,161(41,407,040)
Net loss---(3,814,177)--(3,814,177)206,839(3,607,338)
Foreign currency translation adjustments----(496,161)-(496,161)10,058(486,103)
Disposal of subsidiaries---27,798--27,798-27,798
Balance at June 30, 202433,980,7533,39829,227,005(98,896,742)(64,217)19,815(69,710,741)24,238,058(45,472,683)
Net loss---(4,961,006)--(4,961,006)(60,419)(5,021,425)
Foreign currency translation adjustments----(114,183)-(114,183)42,128(72,055)
Share-based compensation3,964,32439613,137,454---13,137,850-13,137,850
Issuance of share capital (before Business Combination)2,054,92320624,349,795---24,350,001-24,350,001
Business Combination and PIPE Financing6,527,999653(9,657,287)---(9,656,634)-(9,656,634)
Balance at September 30, 202446,527,9994,65357,056,967(103,857,748)(178,400)19,815(46,954,713)24,219,767(22,734,946)
(1)Retrospectively restated to reflect Reverse Recapitalization – see Note 2.
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.