SEKUR PRIVATE DATA LTD.

(FORMERLY GLOBEX DATA LTD.)

CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2022 AND 2021

(Expressed in Canadian Dollars)

(Unaudited - Prepared by Management)

NOTICE OF NO AUDITOR REVIEW OF INTERIM FINANCIAL STATEMENTS

Under National Instrument 51-102, Part 4, subsection 4.3(3)(a), if an auditor has not performed a review of the interim financial statements, they must be accompanied by a notice indicating that the financial statements have not been reviewed by an auditor.

The accompanying unaudited interim financial statements of the Company have been prepared by and are the responsibility of the Company's management.

The Company's independent auditor has not performed a review of these financial statements in accordance with standards established by the Chartered Professional Accountants of Canada for a review of interim financial statements by an entity's auditor.

SEKUR PRIVATE DATA LTD. (FORMERLY GLOBEX DATA LTD.)

CONDENSED CONSOLIDATED INTERIM STATEMENTS OF FINANCIAL POSITION (Unaudited)

(Expressed in Canadian Dollars) As at

June 30, 2022

December 31, 2021

ASSETS

Current

Cash and cash equivalents

$

6,386,716

$

8,812,477

Receivables

26,792

48,555

Prepaid expenses (Notes 6 and 9)

275,490

775,294

6,688,998

9,636,326

Non-current

Equipment (Note 3)

618,634

666,900

Intangible asset (Note 4)

2,552,573

2,552,573

Total Assets

$

9,860,205

$

12,855,799

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities

Accounts payable and accrued liabilities

$

78,238

$

77,633

Due to related parties (Note 6)

352

97

Licensee fees payable (Notes 1, 4 and 6)

10,231

52,734

88,821

130,464

Shareholders' equity

Share capital (Note 5)

21,931,542

20,982,323

Shares subscribed (Note 5)

39,750

-

Reserves (Note 5)

5,221,699

5,228,563

Deficit

(17,421,607)

(13,485,551)

9,771,384

12,725,335

Total Liabilities and Shareholders' Equity

$

9,860,205

$

12,855,799

Nature of operations and going concern (Note 1)

Subsequent events (Note 11)

Approved on behalf of the Board of Directors:

"Alain Ghiai"

"Henry Sjöman"

Director

Director

The accompanying notes are an integral part of these condensed consolidated interim financial statements.

SEKUR PRIVATE DATA LTD. (FORMERLY GLOBEX DATA LTD.)

CONDENSED CONSOLIDATED INTERIM STATEMENTS OF COMPREHENSIVE LOSS (Unaudited)

(Expressed in Canadian Dollars)

Three months

Three months

Six months

Six months

ended

ended

ended

ended

June 30,

June 30,

June 30,

June 30,

2022

2021

2022

2021

REVENUE (Note 10)

$

113,365

$

10,119

$

201,400

$

18,841

EXPENSES

Accounting and audit (Note 6)

35,760

18,690

47,980

28,375

Consulting fees

25,364

12,935

26,660

113,080

Credit card processing fees

11,518

-

11,518

-

Depreciation (Note 3)

42,069

-

48,266

-

Legal

20,139

2,329

20,952

7,046

Licensee fees (Notes 1, 4 and 6)

10,123

998

18,908

1,862

Marketing

1,710,693

676,156

3,246,206

954,268

Office and administration

21,981

12,005

29,453

18,652

Rent and virtual office

9,950

1,867

12,615

10,715

Share-based payments (Notes 5 and 6)

-

-

-

663,493

Software maintenance (Note 6)

419,595

233,105

575,945

440,657

Transfer agent and filing fees

24,070

16,910

51,654

25,931

Travel

8,626

-

37,624

-

(2,339,888)

(974,995)

(4,127,781)

(2,264,079)

OTHER ITEMS

Interest income

8,270

-

11,722

387

Loss on foreign exchange

(9,365)

(13,831)

(21,397)

(18,775)

(1,095)

(13,831)

(9,675)

(18,388)

Net loss and comprehensive loss for the period

$

(2,227,618)

$

(978,707)

$

(3,936,056)

$

(2,263,626)

Basic and diluted loss per share

$

(0.02)

$

(0.01)

$

(0.03)

$

(0.03)

Weighted average number of common shares

116,044,811

80,981,691

115,016,170

74,983,740

outstanding

The accompanying notes are an integral part of these condensed consolidated interim financial statements.

SEKUR PRIVATE DATA LTD. (FORMERLY GLOBEX DATA LTD.)

CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY For the six months ended June 30, 2022 and 2021

(Unaudited)

(Expressed in Canadian Dollars)

Shares

Shareholders'

Number of

Share Capital

Subscribed

Reserves

Deficit

Equity

Shares

$

$

$

$

$

Balance, December 31, 2020

57,000,713

6,161,300

22,780

996,016

(4,073,067)

3,107,029

Shares issued

20,900,327

4,548,038

(22,780)

-

-

4,525,258

Share issue costs

-

(331,983)

-

82,343

-

(249,640)

Exercise of stock options

2,720,000

596,827

-

(266,427)

-

330,400

Exercise of warrants

5,136,715

835,372

-

(53,437)

-

781,935

Shares issued for accounts payable

50,000

18,000

-

-

-

18,000

Share-based payments

-

-

-

663,493

-

663,493

Net loss for the period

-

-

-

-

(2,263,626)

(2,263,626)

Balance, June 30, 2021

85,807,755

11,827,554

-

1,421,988

(6,336,693)

6,912,849

Balance, December 31, 2021

113,701,188

20,982,323

-

5,228,563

(13,485,551)

12,725,335

Shares issued

2,321,585

812,555

-

-

-

812,555

Exercise of warrants

384,000

80,414

-

(6,864)

-

73,550

Shares subscribed

-

-

39,750

-

-

39,750

Shares issued for marketing services

150,000

56,250

-

-

-

56,250

Net loss for the period

-

-

-

-

(3,936,056)

(3,936,056)

Balance, June 30, 2022

116,556,773

21,931,542

39,750

5,221,699

(17,421,607)

9,771,384

The accompanying notes are an integral part of these condensed consolidated interim financial statements.

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Globex Data Ltd. published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 00:10:01 UTC.