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Business combinations (Tables)
12 Months Ended
Dec. 31, 2023
Business combinations  
Summary of reconciliation of fair value measurement of the contingent consideration liability

Year Ended December 31,

in €‘000

    

2023

    

2022

€ exchange rate +10%

(47,960)

 

1,934

€ exchange rate +5%

(23,980)

 

967

€ exchange rate -5%

23,980

 

(967)

€ exchange rate -10%

47,960

 

(1,934)

Aforoa Ltd  
Business combinations  
Summary of Fair Values of the Identifiable Assets and Liabilities

in €‘000

    

As of January 12, 2023

Technology

 

2,718

Other tangible assets

 

6

Cash

 

48

Liabilities

 

(345)

Deferred tax liability, net

 

(340)

Net assets acquired

 

2,087

Goodwill

 

4,236

Consideration transferred

 

6,323

Summary of Cash flows arising from the Acquisition

Year Ended

in €‘000

    

December 31, 2023

Cash consideration paid for acquisition of subsidiary

 

(4,968)

Cash acquired with the subsidiary

 

48

Net cash paid for acquisition (included in cash used in investing activities)

 

(4,920)

Summary of reconciliation of fair value measurement of the contingent consideration liability

in €‘000

    

  

As of January 12, 2023

 

1,400

Net fair value changes recognized in profit from continuing operations during the year

 

214

As of December 31, 2023

 

1,614

Vaix Limited  
Business combinations  
Summary of Fair Values of the Identifiable Assets and Liabilities

in €‘000

    

As of April 6, 2022

Customer base

 

1,630

Technology

 

6,785

Brand

 

1,006

Other tangible assets

 

539

Cash

 

689

Liabilities

 

(1,791)

Deferred tax liability, net

 

(1,298)

Net assets acquired

 

7,560

Goodwill

 

32,766

Consideration transferred

 

40,326

Summary of Cash flows arising from the Acquisition

Year Ended

in €‘000

    

December 31, 2022

Cash consideration paid for acquisition of subsidiary

 

(21,681)

Cash acquired with the subsidiary

 

689

Net cash paid for acquisition (included in cash used in investing activities)

 

(20,992)

Transaction costs of the acquisition (included in cash from operating activities)

 

(373)

Net cash outflow on acquisition of subsidiary

 

(21,365)

Summary of reconciliation of fair value measurement of the contingent consideration liability

in €‘000

    

  

As of April 6, 2022

 

18,800

Net fair value changes recognized in profit from continuing operations during the year

 

739

As of December 31, 2022

 

19,539

Payments during the year

 

(5,800)

Net fair value changes recognized in profit from continuing operations during the year

 

(2,065)

As of December 31, 2023

 

11,674

Ortec Sports B.V.  
Business combinations  
Summary of Fair Values of the Identifiable Assets and Liabilities

in €‘000

    

As of April 28, 2022

Customer base

 

582

Technology

 

1,978

Brand

 

383

Other tangible assets

 

696

Liabilities

 

(255)

Deferred tax liability, net

 

(746)

Net assets acquired

 

2,638

Goodwill

 

3,079

Consideration transferred

 

5,717

Summary of Cash flows arising from the Acquisition

Year Ended

in €‘000

    

December 31, 2022

Cash consideration paid for acquisition of subsidiary

 

(5,717)

Cash acquired with the subsidiary

 

25

Net cash paid for acquisition (included in cash used in investing activities)

 

(5,692)

Transaction costs of the acquisition (included in cash from operating activities)

 

(235)

Net cash outflow on acquisition of subsidiary

 

(5,927)

NSoft Group  
Business combinations  
Summary of Fair Values of the Identifiable Assets and Liabilities

in €‘000

    

As of April 29, 2022

Customer base

 

4,509

Technology

 

8,706

Brand

 

2,513

Property and equipment

 

2,624

Other tangible assets

 

5,155

Cash

 

1,868

Other liabilities

 

(3,523)

Deferred tax liability, net

 

(1,096)

Net assets acquired

 

20,756

Goodwill

 

13,471

Non-controlling interest (30%)

 

(6,227)

Consideration transferred

 

28,000

Summary of Cash flows arising from the Acquisition

Year Ended

in €‘000

    

December 31, 2022

Cash consideration paid for acquisition of subsidiary

 

(12,000)

Cash acquired with the subsidiary

 

1,868

Net cash paid for acquisition (included in cash used in investing activities)

 

(10,132)

Transaction costs of the acquisition (included in cash from operating activities)

 

(261)

Net cash outflow on acquisition of subsidiary

 

(10,393)

Fresh Eight Limited  
Business combinations  
Summary of Fair Values of the Identifiable Assets and Liabilities

in €‘000

    

  

As of January 1, 2022

 

8,200

Cash payments during the year

 

(4,385)

Net fair value changes recognized in profit from continuing operations for the year

 

1,079

As of December 31, 2022

 

4,894

Cash payments during the year

(2,775)

Net fair value changes recognized in profit from continuing operations for the year

96

As of December 31, 2023

2,215

in €‘000

    

As of March 2, 2021

Customer base

 

4,863

Technology

 

3,402

Property and equipment

 

69

Trade receivables

 

377

Contract assets and other assets

 

176

Cash

 

152

Current liabilities

 

(327)

Deferred tax liability, net

 

(1,570)

Net assets acquired

 

7,142

Goodwill

 

13,168

Consideration transferred

 

20,310

Summary of Cash flows arising from the Acquisition

Year Ended

in €‘000

    

December 31, 2021

Cash consideration paid for acquisition of subsidiary

 

(12,063)

Cash acquired with the subsidiary

 

152

Net cash paid for acquisition (included in cash used in investing activities)

 

(11,911)

Transaction costs of the acquisition (included in cash from operating activities)

 

(439)

Net cash outflow on acquisition of subsidiary

 

(12,350)

Atrium Sports Inc  
Business combinations  
Summary of Fair Values of the Identifiable Assets and Liabilities

in €‘000

    

As of May 6, 2021

Customer base

 

16,477

Brand

 

1,679

Technology

 

56,540

Property and equipment

 

3,537

Trade receivables

 

1,974

Contract assets and other assets

 

3,899

Cash

 

1,087

Current liabilities

 

(10,567)

Non-current liabilities

 

(1,253)

Deferred tax liability, net

 

(15,605)

Net assets acquired

 

57,768

Goodwill

 

134,451

Consideration transferred

 

192,219

Summary of Cash flows arising from the Acquisition

Year Ended

in €‘000

    

December 31, 2021

Cash consideration paid for acquisition of subsidiary

 

(183,043)

Cash acquired with the subsidiary

 

1,087

Net cash paid for acquisition (included in cash used in investing activities)

 

(181,956)

Transaction costs of the acquisition (included in cash from operating activities)

 

(3,900)

Net cash outflow on acquisition of subsidiary

 

(185,856)

Interact Sport Pty Ltd  
Business combinations  
Summary of Fair Values of the Identifiable Assets and Liabilities

in €‘000

    

As of June 9, 2021

Customer base

 

793

Technology

 

966

Brand

 

73

Trade receivables

 

222

Contract assets and other assets

 

359

Cash

 

107

Current liabilities

 

(435)

Deferred tax liability, net

 

(550)

Net assets acquired

 

1,535

Goodwill

 

3,606

Consideration transferred

 

5,141

Summary of Cash flows arising from the Acquisition

Year Ended

in €‘000

    

December 31, 2021

Cash consideration paid for acquisition of subsidiary

 

(4,671)

Cash acquired with the subsidiary

 

107

Net cash paid for acquisition (included in cash used in investing activities)

 

(4,564)

Transaction costs of the acquisition (included in cash from operating activities)

 

(154)

Net cash outflow on acquisition of subsidiary

 

(4,718)