Filing of Certain Prospectuses and Communications in Connection With Business Combination Transactions (425)

Filed by Netfin Holdco pursuant to Rule 425

under the Securities Act of 1933

and deemed filed pursuant to Rule 14a-12

under the Securities Exchange Act of 1934

 

Subject Company: Netfin Acquisition Corp. (File No. 001-39008)

Commission File No. for the Related Registration Statement: 333-248486

 

The financial statements set forth below were filed by Netfin Acquisition Corp. on September 30, 2020 as Exhibit 99.3 to a Current Report on Form 8-K in connection with the proposed business combination among Netfin Acquisition Corp., Netfin Holdco, Netfin Merger Sub and Triterras Fintech Pte. Ltd.

 

TRITERRAS FINTECH PTE. LTD.

Statement of financial position

 

		Aug 2020
		FY2021
		US$
ASSETS
Non-current assets			13,911,593
Trade receivables - external customers			11,879,530
Trade receivables - related parties			1,059,963
Other Assets - related parties			2,551,017
Other assets			2,048,678
Cash and cash equivalents			5,889,493
Current assets			23,428,681
Total assets			37,340,274
EQUITY
Total equity			30,577,436
LIABILITIES
Non current liability			2,787,013
Trade and other payables			1,398,850
Other Liabilities			2,576,975
Current liabilities			3,975,825
Total liabilities			6,762,838
TOTAL LIABILITIES AND EQUITY			37,340,274

 

 

 

TRITERRAS FINTECH PTE. LTD.

Profit or loss for the six months ended 31 August 2020

 

		6 months
		Aug-20
		US$
Revenue			23,692,234
Costs and expenses:
Cost of revenue			(2,567,280	)
Research and development			(15,059	)
Marketing and sales			(1,554,348	)
General and administrative			(2,259,695	)
Total costs and expenses			(6,396,382	)
Results from operating activities			17,295,852
Finance income			10
Finance costs			(70,367	)
Net finance (costs) / income			(70,357	)
Profit before income tax			17,225,495
Income tax expense			(3,017,443	)
Profit for the period			14,208,052
EBITDA			17,324,713