v3.25.2
Interim Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenues $ 540,747 $ 340,778 $ 894,728 $ 541,521
Cost of Sales 492,886 308,910 812,931 488,894
Gross Profit 47,861 31,868 81,797 52,627
General and administrative expenses 18,900 14,015 36,416 26,151
Marketing expenses 23,284 15,889 40,981 28,518
Research and development expenses 3,993 2,608 7,925 5,070
Settlement of litigation 9,250
Operating Expenses 46,177 [1],[2] 32,512 [3],[4] 85,322 [5],[6] 68,989 [7],[8]
Operating Income (Loss) 1,684 (644) (3,525) (16,362)
Other income, net 166 57 288 230
Finance expenses, net (300) (523) (334) (1,075)
Net Income (Loss) 1,550 (1,110) (3,571) (17,207)
Net income (loss) attributable to non-controlling interests 38 105 (116) 105
Net Income (Loss) Attributable to the Owners of the Company 1,512 (1,215) (3,455) (17,312)
Other comprehensive income/(loss), Items that will be reclassified subsequently to profit or loss:        
Unrealized gain (loss) on investments in financial assets (9) 51 3 94
Foreign currency translation adjustment (8) 376 (129) 495
Total Comprehensive Income (Loss) Attributable to Owners of the Company 1,495 (788) (3,581) (16,723)
Total Comprehensive Income (Loss) Attributable to Non-Controlling Interest 38 105 (116) 105
Total Comprehensive Income (Loss) $ 1,533 $ (683) $ (3,697) $ (16,618)
Earnings (Loss) per share        
Basic earnings (loss) per share $ 0.01 $ (0.01) $ (0.02) $ (0.09)
Diluted earnings (loss) per share $ 0.01 $ (0.01) $ (0.02) $ (0.09)
Weighted-average shares, basic 214,787 189,046 213,738 186,568
Weighted-average shares, diluted 233,366 189,046 213,738 186,568
[1] Operating expenses includes General and administrative expenses, Marketing expenses, and Research and development expenses.
[2] Operating expenses includes Revenue share expense of approximately $17,644 thousand and is recorded in the North American Brokerage segment.
[3] Operating expenses includes General and administrative expenses, Marketing expenses, Research and development expenses and Settlement of Litigation.
[4] Operating expenses includes Revenue share expense of approximately $12,475 thousand and is recorded in the North American Brokerage segment.
[5] Operating expenses includes General and administrative expenses, Marketing expenses, and Research and development expenses.
[6] Operating expenses includes Revenue share expense of approximately $30,148 thousand and is recorded in the North American Brokerage segment.
[7] Operating expenses includes General and administrative expenses, Marketing expenses, Research and development expenses and Settlement of Litigation.
[8] Operating expenses includes Revenue share expense of approximately $21,539 thousand and is recorded in the North American Brokerage segment.