v3.26.1
Condensed Consolidated Statement of Financial Position (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 226,162 $ 250,168
Customer accounts and other restricted cash 983,812 1,095,120
Accounts receivable, net of allowance for credit losses of $14,635 and $9,499, respectively 167,548 138,356
Settlement receivables, net of allowance for credit losses of $4,895 and $4,524, respectively 141,576 150,727
Prepaid expenses and other current assets 107,926 113,733
Derivative financial assets - current 0 597
Contingent consideration receivable - current 1,026 1,498
Total current assets 1,628,050 1,750,199
Deferred tax assets 14,176 14,176
Property, plant and equipment, net 26,009 28,351
Operating lease right-of-use assets 35,792 40,278
Derivative financial assets - non-current 1,304 0
Intangible assets, net 792,561 874,050
Goodwill 2,053,630 2,076,347
Contingent consideration receivable - non-current 2,362 3,312
Other assets – non-current 21,043 16,920
Total assets 4,574,927 4,803,633
Current liabilities    
Accounts payable and other liabilities 242,944 209,430
Short-term debt 10,190 10,190
Funds payable and amounts due to customers 1,114,269 1,181,913
Operating lease liabilities – current 9,090 9,016
Income taxes payable 0 478
Contingent consideration payable - current 2,129 1,517
Liability for share-based compensation – current 8,044 1,328
Total current liabilities 1,386,666 1,413,872
Non-current debt 2,498,749 2,605,038
Operating lease liabilities - non-current 28,649 33,814
Deferred tax liabilities 88,469 92,472
Derivative financial liabilities - non-current 0 858
Liability for share-based compensation – non-current 1,401 1,100
Contingent consideration payable - non-current 770 1,442
Total liabilities 4,004,704 4,148,596
Commitments and contingent liabilities
Shareholder’s equity    
Common shares - $0.012 par value; 1,600,000,000 shares authorized; 65,697,421 shares issued and 52,215,472 outstanding as of June 30, 2026, and 63,676,383 shares issued and 51,676,354 outstanding as of December 31, 2025 788 764
Additional paid in capital 3,248,936 3,222,985
Accumulated deficit (2,515,707) (2,420,061)
Treasury shares - at cost; 13,481,949 shares as of June 30, 2026 and 12,000,029 shares as of December 31, 2025 (144,997) (132,765)
Accumulated other comprehensive loss (18,797) (15,886)
Total shareholder's equity 570,223 655,037
Total liabilities and shareholder’s equity $ 4,574,927 $ 4,803,633