XML 26 R3.htm IDEA: XBRL DOCUMENT v3.23.1
Consolidated Statements of Income and Other Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Profit or loss [abstract]      
Revenues $ 192,172 $ 102,461 $ 70,324
Cost of sales (40,438) (21,777) (14,730)
Depreciation and amortization (40,563) (19,446) (15,226)
Gross profit 111,171 61,238 40,368
General and administrative expenses (28,739) (15,569) (9,018)
Development expenses (5,587) (4,716) (2,976)
Transaction costs in respect of acquisition of activity in the United States 0 (7,331) 0
Other income 13,767 778 0
Total Other Operating Income Expense (20,559) (26,838) (11,994)
Operating profit 90,612 34,400 28,374
Finance income 23,341 30,333 17,214
Finance expenses (62,591) (37,175) (31,408)
Total finance expenses, net before early prepayment fee (39,250) (6,842) (14,194)
Pre-tax profit before early prepayment fee 51,362 27,558 14,180
Early prepayment fee 0 0 (67,594)
Profit (loss) before tax and equity gains (loss) 51,362 27,558 (53,414)
Share of profits (loss) of equity accounted investees (306) (189) 26
Profit (loss) before income taxes 51,056 27,369 (53,388)
Taxes on income (12,943) (5,694) 12,353
Profit (loss) for the year 38,113 21,675 (41,035)
Amounts which will be classified in the future under profit or loss, net of tax:      
Foreign currency translation differences for foreign operations 78,177 (67,305) (719)
Effective portion of changes in fair value of cash flow hedges, net 59,892 (9,168) (4,550)
Other comprehensive income (loss) item that will not be transfer to profit or loss:      
Presentation currency translation adjustment (112,158) 29,510 33,734
Total other comprehensive income (loss) for the year 25,911 (46,963) 28,465
Total comprehensive profit (loss) for the year 64,024 (25,288) (12,570)
Profit (loss) for the year attributed to:      
Owners of the Company 24,749 11,217 (43,869)
Non-controlling interests 13,364 10,458 2,834
Profit (loss) for the year 38,113 21,675 (41,035)
Comprehensive income (loss) for the year attributed to:      
Owners of the Company 45,859 (25,748) (24,644)
Non-controlling interests 18,165 460 12,074
Total comprehensive profit (loss) for the year $ 64,024 $ (25,288) $ (12,570)
Earnings (loss) per ordinary share (in USD) with a par value ofNIS 0.01, attributable to owners of the parent Company:      
Basic earnings (loss) per share $ 0.25 $ 0.12 $ (0.56)
Diluted earnings (loss) per share $ 0.25 $ 0.12 $ (0.56)
Weighted average of share capital used in the calculation of earnings (loss): (*)      
Basic per share [1] 97,335,870 93,749,219 78,297,756
Diluted per share [1] 99,978,133 98,108,669 78,297,756
[1] The number of ordinary shares is after giving effect to the Reverse Share Split. See also Note 16