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

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

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- General information and significant accounting policies (Policies)
Notes Tables
Notes Details

Business combination agreement (Tables)

v3.21.2

Business combination agreement (Tables)

12 Months Ended

Sep. 30, 2021

Business combination agreement

Schedule of fair value of deemed shares issued


			Valuation
	Fair value		technique	Unobservable input	Range
485,326 Ordinary Shares in Arqit Limited deemed issues in reverse acquisition	$	223,517,945	Market comparable companies	Revenue multiple	12-17 x
				EBITDA multiple	20-30 x
				uFCF multiple	20-25 x
				Revenue growth rate (CAGR)	9.1	%
				Discount	20	%

Schedule of fair value of net assets acquired


		$
Cash and cash equivalents		107,035,478
Trade and other receivables		1,961,889
Warrant liabilities		(29,948,361)
Trade and other payables		(11,000,000)
Net assets		68,049,006

Schedule of other reserves arise as a result of the reverse acquisition


		$
Pre-acquisition losses of AQI		(18,237,443)
Pre-acquisition reserves of AQI		26,285,329
AL share capital at acquisition		269
AL share premium at acquisition		20,210,904
Reverse acquisition expense		155,459,939
Transaction costs		(16,914,223)
		166,804,775

Summary of exceptional costs disclosed within the consolidated statement of comprehensive income


		$
Reverse acquisition expense		155,459,939
Other listing expenses		2,589,611
		158,049,550

- Definition

Tabular disclosure of exceptional costs disclosed within the consolidated statement of comprehensive income (loss).

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Tabular disclosure of other reserves arise as a result of the reverse acquisition.

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The disclosure of detailed information about business combinations. [Refer: Business combinations [member]]

+ References

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-Number 3
-IssueDate 2020-01-01
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The disclosure of the fair value measurement of equity.

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-Number 13
-IssueDate 2020-01-01
-Paragraph 93
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