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v3.25.1

Consolidated Statement of Cash Flows - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Cash flows from operating activities: |  |  |
Income before income taxes | $ 98,412 | $ 159,997 | $ 23,870
Adjustments to reconcile income before income taxes to net cash flow from operating activities: |  |  |
Net finance (income) expense | (1,152) | (7,269) | 18,224
Fair value gain on long-term investments | (5,000) | (89,838) | (1,500)
Share of net loss of equity-accounted investees | 2 | 0 | 6
Impairment of non-financial assets | 113 | 681 | 3,194
Depreciation and amortization | 15,582 | 13,165 | 13,939
Share-based compensation | 8,631 | 14,926 | 9,073
Other adjustments | (66) | (255) | (452)
Changes in working capital: |  |  |
Trade and other receivables | (20,199) | (17,956) | (19,299)
Other current assets | (1,820) | (500) | 4,253
Trade and other payables | 23,038 | 5,310 | 8,559
Deferred revenue | (4,830) | 9,277 | (97)
Other liabilities | (86) | 1,158 | 3
Income taxes paid | (7,649) | (5,937) | (3,111)
Net cash flow from operating activities | 104,977 | 82,761 | 56,662
Cash flows from investing activities: |  |  |
Purchase of equipment | (23,344) | (1,873) | (3,187)
Purchase of intangible assets | 0 | (250) | 0
Development expenditure | (7,263) | (4,281) | (6,789)
Investment in an associate | (1,250) | 0 | 0
Sale of long-term investments | 1,333 | 0 | 36,879
Net sale of short-term investments | 0 | 23,414 | 16,178
Interest received | 3,412 | 2,989 | 1,368
Net cash flow from (used in) investing activities | (27,112) | 19,999 | 44,450
Cash flows from financing activities: |  |  |
Share repurchases | 0 | (32,695) | (146,068)
Dividends paid | (37,435) | (23,105) | 0
Proceeds from exercise of share options | 0 | 394 | 0
Repayment of borrowings | 0 | (161) | (378)
Payment of lease liabilities | (4,181) | (3,907) | (3,837)
Interest paid | (530) | (369) | (293)
Net cash flow used in financing activities | (42,146) | (59,843) | (150,578)
Net change in cash and cash equivalents | 35,720 | 42,918 | (49,465)
Cash and cash equivalents at beginning of period | 93,863 | 52,414 | 102,876
Effect of exchange rate changes on cash and cash equivalents | (2,785) | (1,469) | (996)
Cash and cash equivalents at end of period | $ 126,797 | $ 93,863 | $ 52,414

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- Definition The cash outflow for the purchases of intangible assets, classified as investing activities. [Refer: Intangible assets other than goodwill] + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name IAS -Number 7 -IssueDate 2024-01-01 -Paragraph 16 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=7&code=ifrs-tx-2024-en-r&anchor=para_16_a&doctype=Standard -URIDate 2024-03-27 + Details
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- Definition The cash outflow for the purchase of interests in associates. [Refer: Total for all associates [member]] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 7 -IssueDate 2024-01-01 -Paragraph 16 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=7&code=ifrs-tx-2024-en-r&anchor=para_16&doctype=Standard -URIDate 2024-03-27 + Details
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- Definition The cash outflow for the purchases of property, plant and equipment, classified as investing activities. [Refer: Property, plant and equipment] + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name IAS -Number 7 -IssueDate 2024-01-01 -Paragraph 16 -Subparagraph a -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=7&code=ifrs-tx-2024-en-r&anchor=para_16_a&doctype=Standard -URIDate 2024-03-27 + Details
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- Definition The cash outflow to settle borrowings, classified as financing activities. [Refer: Borrowings] + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name IAS -Number 7 -IssueDate 2024-01-01 -Paragraph 17 -Subparagraph d -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=7&code=ifrs-tx-2024-en-r&anchor=para_17_d&doctype=Standard -URIDate 2024-03-27 + Details
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- Definition The cash inflow from sales of short-term investments that the entity does not separately disclose in the same statement or note, classified as investing activities. + References No definition available. + Details
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