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Interim Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2024
Jun. 30, 2023
Sep. 30, 2023
Dec. 31, 2023
Net revenues and financial income $ 5,073   $ 4,409 $ 3,927 $ 3,585 [1] $ 3,186 $ 9,406 $ 6,771 [1] $ 10,698 $ 15,107
Cost of net revenues and financial expenses (2,708)   (2,359) (1,832) (1,754) [1] (1,572) (5,017) (3,326) [1] (5,158) (7,517)
Gross profit 2,365   2,050 2,095 1,831 [1] 1,614 4,389 3,445 [1] 5,540 7,590
Operating expenses:                    
Product and technology development (460)   (686) (396) (368) [1] (381) (918) (749) [1] (1,145) (1,831)
Sales and marketing (511)   (529) (441) (383) [1] (383) (989) (766) [1] (1,207) (1,736)
Provision for doubtful accounts (450)   (299) (277) (222) [1] (252) (824) (474) [1] (751) (1,050)
General and administrative (218)   (201) (196) (189) [1] (180) (404) (369) [1] (565) (766)
Total operating expenses (1,639)   (1,715) (1,310) (1,162) [1] (1,196) (3,135) (2,358) [1] (3,668) (5,383)
Income from operations 726   335 785 669 [1] 418 1,254 1,087 [1] 1,872 2,207
Other income (expenses):                    
Interest income and other financial gains 39   40 38 34 [1] 23 64 57 [1] 95 135
Interest expense and other financial losses (39)   (38) (53) (49) [1] (34) (77) (83) [1] (136) (174)
Foreign currency losses, net (58)   (107) (239) (182) [1] (87) (92) (269) [1] (508) (615)
Net income before income tax expense and equity in earnings of unconsolidated entity 668   230 531 472 [1] 320 1,149 792 [1] 1,323 1,553
Income tax expense (137)   (65) (172) (210) [1] (122) (274) (332) [1] (504) (569)
Equity in earnings of unconsolidated entity 0   0 0 0 [1] 3 0 3 [1] 3 3
Net income $ 531 $ 344 165 359 $ 262 [1] 201 $ 875 $ 463 [1] 822 987
Basic earning per share                    
Basic net income available to shareholders per common share (in dollars per share) $ 10.48       $ 5.22   $ 17.26 $ 9.23    
Weighted average of outstanding common shares (in shares) 50,697,447       50,162,687   50,697,444 50,203,652    
Diluted earning per share                    
Diluted net income available to shareholders per common share (in dollars per share) $ 10.48       $ 5.16   $ 17.26 $ 9.12    
Weighted average of outstanding common shares (in shares) 50,697,447       51,152,955   50,697,444 51,193,920    
Service                    
Net revenues and financial income $ 4,592   3,898 3,586 $ 3,221 [1] 2,912 $ 8,547 $ 6,133 [1] 9,719 13,617
Product                    
Net revenues and financial income $ 481   $ 511 $ 341 $ 364 [1] $ 274 $ 859 $ 638 [1] $ 979 $ 1,490
[1] Recast for consistency with the current presentation due to the change in the presentation of certain financial results. Please refer to Note 2 – Summary of significant accounting policies - Change in the presentation of certain financial results and reclassification of prior year results.