v3.25.2
Basic and diluted earnings per share
6 Months Ended
Jun. 30, 2025
Basic and diluted earnings per share  
Basic and diluted earnings per share

15Basic and diluted earnings per share

Diluted earnings per share is calculated by adjusting the weighted average number of ordinary shares outstanding, assuming conversion of all potentially dilutive ordinary shares. As the Company has incurred a loss in the three and six months ended June 30, 2025, all potentially dilutive ordinary shares would have an antidilutive effect, if converted, and thus have been excluded from the computation of loss per share for the three and six months ended June 30, 2025. The ordinary shares are presented without giving effect to the application of the treasury method or exercise prices that would be above the share price as of June 30, 2025 and June 30, 2024, respectively.

The potentially dilutive ordinary shares are summarized below:

Three months ended June 30, 

Six months ended June 30, 

    

2025

    

2024

    

2025

    

2024

Anti-dilutive ordinary share equivalents

Stock options under 2014 Plans

5,321,862

5,706,985

5,321,862

5,706,985

Non-vested RSUs and PSUs

2,442,969

2,762,523

2,442,969

2,762,523

Total anti-dilutive ordinary share equivalents

7,764,831

8,469,508

7,764,831

8,469,508