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Inventories | 12 Months Ended
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Dec. 31, 2025
Classes of current inventories [abstract] |
Inventories | 10 Inventories Inventories are comprised of the following:
|  | As of December 31,
In thousands of USD |  | 2024 |  | 2025
Merchandise available for sale |  | 7,283 |  |  | 11,352 |
Less: Provision for slow moving and obsolete inventories |  | (851) |  |  | (1,254) |
Total Inventories |  | 6,432 |  |  | 10,098 |
The total cost of inventory, which consists primarily of the purchase price of customer products, recognized as an expense in the consolidated profit or loss was USD 86,121 thousand (2024: USD 66,538 thousand and 2023: USD 75,657 thousand). The total cost of revenue amounted to USD 87,150 thousand (2024: USD 67,958 thousand and 2023: USD 79,298 thousand) and consists primarily of the cost of inventory. The amount of write-down of inventories recognized in the consolidated profit or loss was USD 699 thousand (2024: USD 331 thousand and 2023: USD 414 thousand). The amount of reversal of write-down recognized as reduction in the amount of inventories recognized as an expense in the consolidated profit or loss was USD 124 thousand (2024: USD 134 thousand and 2023: USD 199 thousand). The reversal of write-down primarily arises from our ability to increase the net realizable value of certain inventory items through price increases, driving higher margins.

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