Important point below as we only saw the $3.6m revenue for one...

Important point below as we only saw the $3.6m revenue for one and a half months. Proves that it has a sustainable revenue stream and not just one big month.

Expecting strong revenue in the quarter that has just passed especially considering Chinese New Year sales.

NOTE 15: ACQUISITION OF SUBSIDIARY (continued)

Revenue and profit contribution

The acquired entity contributed $3,645,085 of revenue and a net profit of $21,272 to the Group for the period

from date of acquisition to 31 December 2020.

If the acquisition had occurred on 1 July 2020, the acquired entity would have contributed $10,986,032

revenue and a net profit of $418,600 to the Group.