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

Earnings Per Share

v3.22.1
Earnings Per Share
 12 Months Ended
Dec. 31, 2021
Disclosure of earnings per share [text block] [Abstract]  
Earnings per share

12. Earnings per share

 

    Year ended
December 31
2021		     Year ended
December 31
2020		     Year ended
December 31
2019		  
    £’000     £’000     £’000  
                   
Loss for the year     (543,509 )     (102,687 )     (17,964 )
                         
Weighted average number of ordinary shares:                        
Basic weighted average number of ordinary shares     667,973,041       515,161,816       337,787,880  
Dilutive effect of share options, Note 25    
-
      
-
      
-
  
Dilutive effect of warrants, Note 23    
-
      
-
      
-
  
Diluted weighted average number of ordinary shares     667,973,041       515,161,816       337,787,880  
                         
Basic loss per ordinary share   £ (0.81 )   £ (0.20 )   £ (0.05 )
Diluted loss per ordinary share   £ (0.81 )   £ (0.20 )   £ (0.05 )

Loss per share for each comparative period reflects Cazoo Holdings historical weighted average number of ordinary shares outstanding multiplied by the exchange ratio established in the Business Combination Agreement. The computation of diluted loss per ordinary share excludes the effect of share options and warrants because the inclusion of these would be anti-dilutive.