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Business and Geographic Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting [Abstract]

Schedule of Segment Financial Information

The following table presents a reconciliation of Adjusted EBITDA of our reportable segments to Loss from continuing operations before income taxes and equity in net income (loss) of affiliates, as reported in the Consolidated Statements of Operations:

For the three months ended March 31,															2025						2024
Adjusted EBITDA of reportable segments:
Mexico															$	52,959					$	59,916
Peru															(38,842)						(20,710)
Total Adjusted EBITDA of reportable segments															14,117						39,206
Reconciling items:
Corporate															(8,767)						(8,618)
Depreciation and amortization expense															(16,078)						(18,050)
Share-based compensation expense															(2,463)						(1,409)
Operating (loss) income															(13,191)						11,129
Interest income															1,519						1,911
Interest expense															(2,366)						(4,661)
Other expense, net															(15)						(548)
Foreign currency loss, net															(3,199)						(5,607)
Loss on disposal of subsidiaries, net															—						(3,086)
Loss from continuing operations before income taxes and equity in net income (loss) of affiliates															$	(17,252)					$	(862)

The following table presents significant segment expenses of our reportable segments:

For the three months ended March 31,															2025						2024
Mexico
Revenues															$	189,255					$	214,080
Less:
Labor costs															64,429						71,368
Lease and other facilities costs															23,091						31,819
Advertising costs															12,678						13,441
Other costs (1)															36,098						37,536
Adjusted EBITDA															$	52,959					$	59,916
Peru
Revenues															$	46,856					$	61,245
Less:
Labor costs															48,450						46,108
Lease and other facilities costs															7,374						7,758
Advertising costs															9,961						7,512
Other costs (1)															19,913						20,577
Adjusted EBITDA															$	(38,842)					$	(20,710)

(1) Other costs for each reportable segment include: professional services expense, technology expense, bad debt and other direct costs.

The following table presents other financial information of our reportable segments:

For the three months ended March 31,															2025						2024
Mexico
Depreciation and amortization expense															$	9,300					$	10,990
Expenditures for long-lived assets															$	2,580					$	3,419
Peru
Depreciation and amortization expense															$	6,600					$	6,782
Expenditures for long-lived assets															$	2,032					$	12,465

Schedule of Revenue From Customers by Geographical Area

The following table presents the total assets of our reportable segments:

			March 31, 2025						December 31, 2024
Assets
Mexico			$	1,140,641					$	1,143,053
Peru			557,242						567,310
Corporate			160,322						151,697
Total assets			$	1,858,205					$	1,862,060

X

- Definition

Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

+ References

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-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (b)
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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

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-Name Accounting Standards Codification
-Topic 280
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