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Notes on the Consolidated Statements of Operations and Comprehensive Income/(Loss) (Tables)
 6 Months Ended
Jun. 30, 2020
Disclosure Of Income Statement [Abstract]  
Schedule of reportable segments profit or loss
Reconciliation of reportable segment profit or loss:
Six months ended June 30, 2020
 
 
 
 
 
 
(in € thousands)
 
North America
 
International
 
Total
Revenue
 
75,857

 
27,583

 
103,440

Direct marketing expenses
 
(39,946
)
 
(11,582
)
 
(51,528
)
Contribution
 
35,911

 
16,001

 
51,912

 
 
 
 
 
 
 
Other cost of revenue
 
 
 
 
 
 
Data center expenses
 
 
 
 
 
(2,873
)
Credit card fees
 
 
 
 
 
(3,079
)
Mobile application processing fees
 
 
 
 
 
(6,003
)
Gross profit
 
 
 
 
 
39,957

Other income
 
 
 
 
 
182

Other operating expenses
 
 
 
 
 
 
Sales and marketing expenses
 
 
 
 
 
(2,126
)
Customer service expenses
 
 
 
 
 
(3,492
)
Technical operations and development expenses
 
 
 
 
 
(11,652
)
General and administrative expenses
 
 
 
 
 
(14,604
)
Operating profit
 
 
 
 
 
8,265

 
 
 
 
 
 
 
Finance income
 
 
 
 
 
1,399

Finance costs
 
 
 
 
 
(7,618
)
Net finance expenses
 
 
 
 
 
(6,219
)
 
 
 
 
 
 
 
Income before taxes
 
 
 
 
 
2,046

Income tax expense
 
 
 
 
 
(2,458
)
Net loss
 
 
 
 
 
(412
)
 
 
 
 
 
 
 
Revenue realized over time
 
73,954

 
27,227

 
101,181

Revenue realized at a point in time
 
1,903

 
356

 
2,259


Six months ended June 30, 2019
 
 
 
 
 
 
(in € thousands)
 
North America
 
International
 
Total
Revenue
 
26,561

 
22,663

 
49,224

Direct marketing expenses
 
(16,160
)
 
(12,706
)
 
(28,866
)
Contribution
 
10,401

 
9,957

 
20,358

 
 
 
 
 
 
 
Other cost of revenue
 
 
 
 
 
 
Data center expenses
 
 
 
 
 
(1,464
)
Credit card fees
 
 
 
 
 
(1,175
)
Mobile application processing fees
 
 
 
 
 
(1,796
)
Gross profit
 
 
 
 
 
15,923

Other income
 
 
 
 
 
—

Other operating expenses
 
 
 
 
 
 
Sales and marketing expenses
 
 
 
 
 
(2,726
)
Customer service expenses
 
 
 
 
 
(2,293
)
Technical operations and development expenses
 
 
 
 
 
(4,154
)
General and administrative expenses
 
 
 
 
 
(11,104
)
Operating loss
 
 
 
 
 
(4,354
)
 
 
 
 
 
 
 
Finance income
 
 
 
 
 
423

Finance costs
 
 
 
 
 
(542
)
Net finance expenses
 
 
 
 
 
(119
)
 
 
 
 
 
 
 
Loss before taxes
 
 
 
 
 
(4,473
)
Income tax expense
 
 
 
 
 
(401
)
Net loss
 
 
 
 
 
(4,874
)
 
 
 
 
 
 
 
Revenue realized over time
 
26,561

 
22,663

 
49,224
Schedule of disaggregation of revenue
 
 
Six months ended June 30,
in € thousands
 
2020
 
2019
Subscription revenue
 
100,059

 
48,715

Virtual currency revenue
 
2,259

 
—

Advertising revenue
 
1,122

 
509

Total Revenue
 
103,440

 
49,224
Schedule of fair values and the inputs used in the measurement of the fair values of these equity-settled options
The inputs used in the measurement of the fair values at the date of grant are summarized below:


2020
Share price ($)
$2.77 - $6.09

Exercise price ($)
—

Option life (months)
85

Volatility
40.0% - 47.3%

Dividend yield
—

Risk-free rate
0.52% - 1.51%

Fair value per Option ($)
$2.89 - $6.32

Fair value per Option (€)
€2.66 - €5.76

The inputs used in the measurement of the fair values at the date of grant are summarized below:

 
2020
Share price ($)
$2.77 - $6.09

Exercise price ($)
$2.23 - $4.88

Option life (months)
85

Volatility
40.0% - 47.3%

Dividend yield
—

Risk-free rate
0.52% - 1.51%

Fair value per Option ($)
$1.42 - $3.13

Fair value per Option (€)
€1.31 - €2.85
Schedule of elements used in computation of basic and diluted net (loss) earnings per share
The elements used in the computation of basic and diluted net (loss) earnings per share were as follows:
 
 
Six months ended June 30,
(in € thousands, except per share amounts)
 
2020
 
2019
 Net loss
 
€
(412
)
 
€
(4,874
)
 Weighted average shares outstanding - basic and diluted
 
2,606

 
1,300

 Net loss per share - basic and diluted
 
€
(0.16
)
 
€
(3.75
)