Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Earnings per share

v3.22.2.2
Earnings per share
12 Months Ended
Sep. 30, 2022
Earnings per share  
Earnings per share

8.    Earnings per share

Basic earnings/(loss) per share is calculated by dividing the profit/(loss) attributable to shareholders by the weighted average number of ordinary shares in issue during the period.

Diluted earnings per share is computed similar to basic earnings per share, except that the denominator is increased to include the number of additional ordinary shares that would have been outstanding if potential ordinary shares had been issued if such additional ordinary shares were dilutive. The share options and RSUs are dilutive and therefore have been included in the calculation for diluted earnings per share.

    

    

    

Weighted

    

    

average

number of

Per share

Basic EPS

    

Earnings

    

shares

    

amount

 

$

 

$

2022

65,075,506

121,161,250

0.5371

2021

 

(271,729,101)

68,326,365

(3.9769)

2020

 

(568,319)

 

59,260,796

 

(0.0096)

Diluted EPS

2022

65,075,506

121,929,892

0.5337

The average market value of the Company’s shares for the purpose of calculating the dilutive effect of share options and RSUs was based on quoted market prices for the year during which the options were outstanding.

Prior to the reverse recapitalisation, the EPS of the combined company is presented on the basis of Arqit Limited shares outstanding, adjusted using the share exchange ratio of 46.06.