| Schedule of purchase price allocated |
|
|
Purchase price allocation |
|
|
|
As of July 2, 2020 |
|
Assets: |
|
|
|
Cash and cash equivalents |
|
$ |
26,760 |
|
Restricted cash |
|
|
1,231 |
|
Trading securities |
|
|
2,828 |
|
Fixed assets |
|
|
8 |
|
Intangible assets |
|
|
3,733 |
|
Right-of-use asset |
|
|
454 |
|
Brokerage and other receivables |
|
|
376 |
|
Other assets |
|
|
94 |
|
Total assets |
|
$ |
35,484 |
|
|
|
|
|
|
Liabilities: |
|
|
|
|
Customer liabilities |
|
$ |
25,799 |
|
Securities repurchase agreement obligation |
|
|
1,600 |
|
Lease liabilities |
|
|
497 |
|
Trade and other payables |
|
|
104 |
|
Other liabilities |
|
|
419 |
|
Total liabilities |
|
$ |
28,419 |
|
|
|
|
|
|
Net assets acquired |
|
$ |
7,065 |
|
|
|
|
|
|
Goodwill |
|
|
45 |
|
|
|
|
|
|
Total purchase price |
|
$ |
7,110 |
|
|
|
Purchase price allocation |
|
|
|
As of December 29,
2020
|
|
Assets: |
|
|
|
Cash and cash equivalents |
|
$ |
206 |
|
Brokerage and other receivables |
|
|
849 |
|
Intangible assets |
|
|
532 |
|
Other assets |
|
|
9 |
|
Total assets |
|
$ |
1,596 |
|
|
|
|
|
|
Liabilities: |
|
|
|
|
Other liabilities |
|
$ |
610 |
|
Total liability |
|
$ |
610 |
|
|
|
|
|
|
Net Assets Acquired |
|
$ |
986 |
|
|
|
|
|
|
Goodwill |
|
|
1,514 |
|
|
|
|
|
|
Total purchase price |
|
$ |
2,500 |
|
|
|
Purchase price allocation
As of December 25, 2020
|
|
Assets: |
|
|
|
Cash and cash equivalents |
|
$ |
129,185 |
|
Trading securities |
|
|
50,684 |
|
Brokerage and other receivables |
|
|
2,601 |
|
Fixed assets |
|
|
10,987 |
|
Intangible assets |
|
|
2,769 |
|
Right-of-use asset |
|
|
338 |
|
Loans issued |
|
|
1,023 |
|
Other assets |
|
|
2,360 |
|
Total assets |
|
$ |
199,947 |
|
|
|
|
|
|
Liabilities: |
|
|
|
|
Customer liabilities |
|
$ |
117,195 |
|
Current income tax liability |
|
|
415 |
|
Trade payables |
|
|
104 |
|
Securities repurchase agreement obligation |
|
|
28,500 |
|
Lease liability |
|
|
338 |
|
Other liabilities |
|
|
827 |
|
Deferred income tax liabilities |
|
|
1,399 |
|
Total liability |
|
$ |
148,778 |
|
|
|
|
|
|
Net Assets Acquired |
|
$ |
51,169 |
|
|
|
|
|
|
Goodwill |
|
|
1,928 |
|
|
|
|
|
|
Consideration paid for common shares |
|
|
40,984 |
|
Consideration paid for preferred shares |
|
|
2,478 |
|
Consideration paid for subordinated loans |
|
|
9,635 |
|
Total purchase price |
|
$ |
53,097 |
|
|
| Unaudited supplemental pro forma information |
|
|
Unaudited supplemental pro forma information |
|
|
|
Three months ended
December 31, |
|
|
Nine months ended
December 31, |
|
|
|
2020 |
|
|
2019 |
|
|
2020 |
|
|
2019 |
|
Net Interest Income |
|
$ |
2,791 |
|
|
$ |
4,768 |
|
|
$ |
10,630 |
|
|
$ |
13,825 |
|
Net Сommission Income |
|
|
54,424 |
|
|
|
15,865 |
|
|
|
123,211 |
|
|
|
58,255 |
|
Net Income |
|
|
45,709 |
|
|
|
5,042 |
|
|
|
95,609 |
|
|
|
24,762 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
WA number of shares (basic) |
|
|
58,395,606 |
|
|
|
58,158,864 |
|
|
|
58,370,521 |
|
|
|
58,116,825 |
|
WA number of shares (diluted) |
|
|
58,450,688 |
|
|
|
58,391,547 |
|
|
|
58,423,467 |
|
|
|
58,335,749 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EPS (basic) |
|
$ |
0.78 |
|
|
$ |
0.09 |
|
|
$ |
1.64 |
|
|
$ |
0.43 |
|
EPS (diluted) |
|
$ |
0.78 |
|
|
$ |
0.09 |
|
|
$ |
1.64 |
|
|
$ |
0.42 |
|
|