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v3.25.1

UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2025 | Mar. 31, 2024
REVENUE |  |  |
License revenue |  | $ 9,348 | $ 12,181
Collaboration revenue |  | 185,615 | 78,481
Other revenue |  | 90 | 3,329
Total revenue |  | 195,053 | 93,991
Cost of collaboration revenue |  | (69,497) | (49,101)
Cost of license and other revenue |  | (1,847) | (5,638)
Research and development expenses |  | (101,924) | (100,964)
Administrative expenses |  | (31,463) | (31,929)
Selling and distribution expenses |  | (40,969) | (24,223)
Loss on asset impairment |  | (970) | 0
Finance costs |  | (5,061) | (5,475)
Finance income | [1] | 12,056 | 13,870
Other (expense)/income, net | [1] | (54,508) | 49,681
Loss before tax |  | (99,130) | (59,788)
Income tax expense |  | (1,786) | (5)
LOSS FOR THE PERIOD |  | (100,916) | (59,793)
Attributable to: |  |  |
Ordinary equity holders of the parent |  | $ (100,916) | $ (59,793)
LOSS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE PARENT |  |  |
Basic (in dollars per share) |  | $ (0.27) | $ (0.16)
Diluted (in dollars per share) |  | $ (0.27) | $ (0.16)
OTHER COMPREHENSIVE INCOME/(LOSS) |  |  |
Exchange differences on translation of foreign operations |  | $ 60,729 | $ (47,993)
Net other comprehensive income/(loss) |  | 60,729 | (47,993)
OTHER COMPREHENSIVE INCOME/(LOSS) FOR THE PERIOD, NET OF TAX |  | 60,729 | (47,993)
Total comprehensive income/(loss) for the period |  | (40,187) | (107,786)
Attributable to: |  |  |
Ordinary equity holders of the parent |  | $ (40,187) | $ (107,786)
[1] | Certain prior year amounts have been reclassified to present finance income as a separate line item and to combine other income/(expense), net for comparative purposes

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