v3.26.1
Consolidated Interim Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities    
Profit for the interim period $ 68,273 $ 45,786
Adjustments to reconcile profit to net cash from operating activities:    
Depreciation and amortization 5,459 2,290
Unrealized gain on foreign currency (3,899) (130)
Unrealized loss on foreign currency 29 1,721
Gain on foreign currency transaction (1,305) 0
Loss on foreign currency transaction 29 0
Gain on disposal of financial assets and liabilities (652) 0
Loss on valuation of financial assets and liabilities 54 2,884
Interest income (8,666) (7,914)
Interest expense 945 913
Miscellaneous expense 91 0
Provision for severance benefits 190 226
Other long-term employee benefits 109 604
Income tax expense 18,538 17,612
Working capital adjustments:    
Accounts receivable, net (7,223) 617
Prepaid expenses, and other assets 485 332
Other non-current assets 100 52
Accounts payable and accrued expenses 549 1,382
Contract liabilities (140) (155)
Other current and non-current liabilities (297) 75
Cash generated from operations 72,669 66,295
Interest received 9,293 9,888
Interest paid (3,145) (118)
Income taxes paid (7,798) (15,285)
Net cash inflow from operating activities  71,019 60,780
Cash flows from investing activities    
Purchase of property and equipment (116) (119)
Disposal of property and equipment 1 4
Purchase of intangible assets (5) 0
Disposal of financial assets at fair value through profit or loss 44 0
Purchase of short-term investments (178,390) (164,311)
Disposal of short-term investment 179,425 146,665
Net cash (outflow) from investing activities  959 (17,761)
Cash flows from financing activities    
Repayment of lease liabilities (991) (548)
Net cash (outflow) from financing activities  (991) (548)
Net increase in cash and cash equivalents 70,987 42,471
Effect of exchange rate changes on cash and cash equivalents (4,656) 98
Cash and cash equivalents at beginning of the interim period 388,891 334,850
Cash and cash equivalents at end of the interim period $ 455,222 $ 377,419