Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Schedule of Discontinued Operations (Details)

v3.21.2
Schedule of Discontinued Operations (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2021
Jul. 31, 2021
Jul. 31, 2020
Jan. 31, 2021
Discontinued Operations        
Revenue from contracts with customers $ 11,209   $ 13,412  
Other gains/(losses) 640    
Expenses (16,062)   (19,596)  
Operating loss (4,213)   (6,184)  
Finance costs (525)   (449)  
Loss before tax from discontinued operations (4,738)   (6,633)  
Income tax expense (33)   (26)  
Loss after tax from discontinued operations (4,771) $ (4,771) (6,659)  
Exchange translation reserve on foreign operations 3,481   (2,190)  
Total comprehensive Loss for the period (1,290)   (8,849)  
Loss on disposal of discontinued operations (10,796)    
Total loss from discontinued operation $ (15,567) $ (15,567) $ (6,659)  
Basic loss for the year from discontinued operations $ (0.021) $ (0.021) $ (0.515)  
Diluted loss for the year from discontinued operations $ (0.021) $ (0.021) $ (0.515)  
Net cash inflow/(outflow) from operating activities $ (3,282)   $ 258  
Net cash inflow/(outflow) from investing activities (31)   (129)  
Net cash inflow/(outflow) from financing activities (49,627)   8,879  
Net increase in cash generated by the subsidiary (52,940)   $ 9,008  
Completion payment      
Inventory adjustment amount   (3,525)    
Intercompany debt forgiveness   (31,250)    
Transaction cost   (217)    
Working capital adjustment   (639)    
Term loan repaid   (10,505)    
Transaction cost considered as a part of adjustment amount   (412)    
Contingent consideration      
Total Consideration (A)   (46,548)    
II. Less: Carrying amount of net assets of Bendon Group (B)   (35,783)    
Loss on sale before income tax and reclassification of Foreign currency translation reserve (A-B)   (10,765)    
Reclassification of foreign currency translation reserve   (31)    
Income tax expense on gain      
Loss on sale of Bendon Group   $ (10,796)    
Property, plant and equipment 2,016     $ 2,131
Intangible Assets 2,576     2,539
Right of Use Assets 10,798     13,173
Cash and cash equivalents 12,464     64,497
Trade Receivables 1,206     5,436
Inventories 10,168     9,548
Prepayments 3,816    
Other receivables 33    
Total Assets 43,077     97,324
Trade and other payables 5,748     8,108
Lease Liabilities 12,747     15,429
Borrowings     10,376
Related party payables 57,535     95,334
Provisions 2,684     1,491
Tax 146     129
Total Liabilities 78,860     130,867
Net Assets $ (35,783)     $ (33,543)