v3.26.1
Interim Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Thousands
Total
Share Capital
Capital Reserve
Treasury Shares
Share-based Compensation Reserve
Foreign Exchange Translation Deficit
Hedging Reserve
Retained Earnings
Beginning balance at Dec. 31, 2024 $ 123,188 $ 0 $ 78,037 $ (29,998) $ 10,624 $ (10,812) $ 0 $ 75,337
Issue of ordinary shares, net of issuance costs 10,616   11,982   (1,366)      
Share-based payment expense 3,087       3,087      
Exercise of options 204   302   (98)      
Share options expired 0   13   (13)      
Increase (decrease) 13,907 0 12,297 0 1,610 0 0 0
Net income (loss) (2,181)             (2,181)
Other comprehensive loss                
Exchange differences on translating foreign currencies 5,413         5,413    
Cash flow hedge - effective portion of changes in fair value (net of related tax) (2,669)           (2,669)  
Hedging gains and losses transferred to profit or loss (net of related tax) 2,024           2,024  
Other comprehensive income (loss) for the period, net of tax 4,768         5,413 (645)  
Total comprehensive (loss) income for the period attributable to the shareholders 2,587         5,413 (645) (2,181)
Ending balance at Jun. 30, 2025 139,682 0 90,334 (29,998) 12,234 (5,399) (645) 73,156
Beginning balance at Dec. 31, 2025 107,955 0 90,763 (35,576) 15,450 (5,225) 136 42,407
Issue of ordinary shares, net of issuance costs 572   3,677   (3,105)      
Share-based payment expense 3,102       3,102      
Exercise of options     0          
Share options expired 0   96   (96)      
Increase (decrease) 3,674 0 3,773 0 (99) 0 0 0
Net income (loss) (5,801)             (5,801)
Other comprehensive loss                
Exchange differences on translating foreign currencies (1,568)         (1,568)    
Cash flow hedge - effective portion of changes in fair value (net of related tax) 2,047           2,047  
Hedging gains and losses transferred to profit or loss (net of related tax) (1,664)           (1,664)  
Other comprehensive income (loss) for the period, net of tax (1,185)         (1,568) 383  
Total comprehensive (loss) income for the period attributable to the shareholders (6,986)         (1,568) 383 (5,801)
Ending balance at Jun. 30, 2026 $ 104,643 $ 0 $ 94,536 $ (35,576) $ 15,351 $ (6,793) $ 519 $ 36,606