Elys Game Technology, Corp. Quarterly report pursuant to Section 13 or 15(d)

3. Acquisition of subsidiaries (Tables)

9 Months Ended

Sep. 30, 2021

	Amount
Consideration
Cash		6,000,000
1,265,823 shares of common stock at fair market value		4,554,304
Contingent purchase consideration		24,716,957
Total purchase consideration	$	35,261,261
Recognized amounts of identifiable assets acquired and liabilities assumed
Cash		26,161
Other Current assets		151,284
Property, plant and equipment		788
Other non-current assets		4,000
Tradenames/Trademarks		1,419,000
Customer relationships		7,275,000
Non-compete agreements		2,096,000
		10,972,233
Less: liabilities assumed
Current liabilities assumed		(264,135	)
Non-current liabilities assumed		(205,320	)
Imputed Deferred taxation on identifiable intangible acquired		(2,265,900	)
		(2,735,355	)
Net identifiable assets acquired and liabilities assumed		8,236,878
Goodwill		27,024,383
	$	35,261,261