v3.26.1
Interim Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities    
Profit for the year, net of tax $ 37,348 $ 30,891
Adjustments for:    
Depreciation and amortization 1,029 3,272
Share-based payments expense 372 463
Share of profit/(loss) of equity-accounted associates (2,221) 1,715
Impairment loss on trade and loan receivables and change in fair value of loans receivable 7 2
Change in fair value of share warrant obligations and other financial instruments (213) (100)
Change in fair value of other investments 15 (182)
Interest income (850) (898)
Interest expense 39 44
Dividend income (251) (408)
Foreign exchange gain/loss 2,496 (1,613)
Income tax expense 3,348 2,920
Total cash flows from operations before changes in working capital 41,119 36,106
Changes in working capital:    
Decrease in deferred platform commissions 8,620 9,651
Decrease in deferred revenue (36,804) (44,271)
Increase in trade and other receivables (153) (6,819)
Increase in trade and other payables 2,523 1,991
Cash flows from (used in) operations (25,814) (39,448)
Income tax paid (514) (422)
Net cash flows (used in)/generated from operating activities 14,791 (3,764)
Investing activities    
Acquisition of intangible assets (2) (3)
Acquisition of property and equipment (69) (194)
Investments in equity accounted associates   (1,715)
Loans granted (94) (368)
Proceeds from repayment of loans 1,086 316
Disposal of intangible assets and property and equipment 3 15
Acquisition of other investments (9,500) (14,147)
Proceeds from redemption of investments 9,455 4,085
Interest received 313 275
Dividends received 251 408
Net cash flows (used in)/generated from investing activities 1,443 (11,328)
Financing activities    
Payments of lease liabilities (608) (342)
Dividends paid   (55,990)
Interest on lease (39) (44)
Net cash flows used in financing activities (647) (56,376)
Net increase/(decrease) in cash and cash equivalents for the period 15,587 (71,468)
Cash and cash equivalents at the beginning of the period 62,908 111,049
Effect of changes in exchange rates on cash held (253) 1,972
Cash and cash equivalents at the end of the period $ 78,242 $ 41,553