The following are reconciliations of income before taxes, as calculated in accordance with International Financial Reporting Standards (“IFRS”), to EBITDA and Adjusted EBITDA, as well as of gross profit, as calculated in accordance with IFRS, to Adjusted Gross Profit:
|
For the Nine-Months Period
Ended September 30, 2023 |
For the Nine-Months Period
Ended September 30, 2024 |
For the Three-Month Period
Ended September 30, 2023 | For the Three-Months Period Ended September 30, 2024 | |||||
| In thousands of USD | In thousands of USD | |||||||
| Net loss | (54,320 | ) | (87,863 | ) | (66,873 | ) | (8,640 | ) |
| Tax expenses (benefits) | (121 | ) | 78 | (273 | ) | (47 | ) | |
| Depreciation | 4,551 | 4,961 | 1,588 | 1,530 | ||||
| Interest income | (34,575 | ) | (32,481 | ) | (11,008 | ) | (10,635 | ) |
| EBITDA (loss) | (84,465 | ) | (115,305 | ) | (76,566 | ) | (17,792 | ) |
| Finance expenses (income) from revaluation of assets and liabilities | (16,139 | ) | 57,527 | 40,160 | 31 | |||
| Exchange rate differences | 7,490 | 2,297 | 2,015 | (1,011 | ) | |||
| Share-based payments expenses | 15,810 | 10,791 | 4,268 | 3,958 | ||||
| Other extraordinary income | — | (115 | ) | — | — | |||
| Adjusted EBITDA (loss) | (77,304 | ) | (44,505 | ) | (30,123 | ) | (14,814 | ) |
| Gross profit | 18,430 | 20,142 | 5,369 | 7,156 | ||||
| Depreciation | 275 | 309 | 89 | 125 | ||||
| Share-based payments expenses | 1,189 | 687 | 377 | 225 | ||||
| Adjusted gross profit | 19,894 | 21,138 | 5,835 | 7,506 | ||||
