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General and administrative expense and Termination benefits (Tables) | 12 Months Ended
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Dec. 31, 2025
General and administrative expenses [Abstract] |
Schedule of general and administrative expense | General and administrative expense is comprised of the following:
|  | For the year ended December 31,
In thousands of USD |  | 2023 |  | 2024 |  | 2025
Staff Costs |  | 45,147 |  |  | 41,107 |  |  | 37,144 |
Occupancy Costs |  | 2,099 |  |  | 1,359 |  |  | 983 |
Professional fees |  | 11,278 |  |  | 10,206 |  |  | 11,503 |
Travel and entertainment |  | 2,172 |  |  | 2,290 |  |  | 1,987 |
Office and related expenses |  | 6,020 |  |  | 4,576 |  |  | 4,408 |
Bank fees & payment costs |  | 650 |  |  | 736 |  |  | 786 |
Bad debt expense |  | 212 |  |  | 989 |  |  | 467 |
Tax expense / (reversal) |  | (8,018) |  |  | (2,921) |  |  | (1,355) |
Provisions for liabilities and other charges |  | 1,745 |  |  | 300 |  |  | 171 |
Depreciation and amortization |  | 9,806 |  |  | 8,160 |  |  | 7,954 |
Other general and administrative expense |  | 3,314 |  |  | 3,124 |  |  | 2,070 |
General and administrative expense |  | 74,425 |  |  | 69,926 |  |  | 66,118 |
Schedule of tax expense / (reversal), refers to tax expense / (reversal) other than income tax | Tax expense / (reversal), refers to tax expense / (reversal) other than income tax and is comprised of the following:
|  | As of December 31,
In thousands of USD |  | 2023 |  | 2024 |  | 2025
Withholding taxes |  | (6,398) |  |  | (4,624) |  |  | (4,059) |
VAT |  | (2,999) |  |  | (1,446) |  |  | (101) |
Other taxes |  | 1,378 |  |  | 3,149 |  |  | 2,805 |
Total |  | (8,018) |  |  | (2,921) |  |  | (1,355) |

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