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Interim Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Net revenues $ 3,037 $ 2,248
Cost of net revenues (1,501) (1,175)
Gross profit 1,536 1,073
Operating expenses:    
Product and technology development (381) (234)
Sales and marketing (383) (286)
Provision for doubtful accounts (252) (255)
General and administrative (180) (159)
Total operating expenses (1,196) (934)
Income from operations 340 139
Other income (expenses):    
Interest income and other financial gains 161 31
Interest expense and other financial losses (94) (56)
Foreign currency losses, net (87) (3)
Net income before income tax expense and equity in earnings of unconsolidated entity 320 111
Income tax expense (122) (46)
Equity in earnings of unconsolidated entity 3 0
Net income $ 201 $ 65
Basic EPS: Basic net income    
Available to shareholders per common share (in dollars per share) $ 4.01 $ 1.30
Weighted average of outstanding common shares (in shares) 50,245,073 50,408,754
Diluted EPS: Diluted net income    
Available to shareholders per common share (in dollars per share) $ 3.97 $ 1.30
Weighted average of outstanding common shares (in shares) 51,235,341 50,408,754
Service    
Net revenues $ 2,763 $ 1,997
Product    
Net revenues $ 274 $ 251