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Consolidated Statements of Financial Position - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 202,322 $ 260,219
Customer accounts and other restricted cash 1,295,947 1,866,976
Accounts receivable, net of allowance for credit losses of $5,240 and $10,558, respectively 162,081 159,324
Settlement receivables, net of allowance for credit losses of $5,197 and $5,398, respectively 171,224 147,774
Prepaid expenses and other current assets 74,919 60,810
Total current assets 1,906,493 2,495,103
Deferred tax assets 77,273 104,538
Property, plant and equipment, net 17,213 11,947
Operating lease right-of-use assets 22,120 35,509
Derivative asset 10,427 17,321
Intangible assets, net 1,163,935 1,291,458
Goodwill 2,023,402 1,999,132
Other assets – non-current 6,838 2,048
Total assets 5,227,701 5,957,056
Current liabilities    
Accounts payable and other liabilities 202,699 241,529
Short-term debt 10,190 10,190
Funds payable and amounts due to customers 1,477,017 1,997,867
Operating lease liabilities – current 8,233 7,953
Income taxes payable 0 11,325
Contingent and deferred consideration payable – current 11,828 18,171
Liability for share-based compensation – current 2,701 11,400
Total current liabilities 1,712,668 2,298,435
Non-current debt 2,491,643 2,633,269
Operating lease liabilities – non-current 16,963 29,913
Deferred tax liabilities 111,705 118,791
Warrant liabilities 1,423 3,094
Liability for share-based compensation – non-current 3,108 4,942
Contingent and deferred consideration payable – non-current 6,878 8,975
Total liabilities 4,344,388 5,097,419
Commitments and contingent liabilities
Shareholder’s equity    
Common shares - $0.012 par value; 1,600,000,000 shares authorized; 61,719,443 and 60,788,816 shares issued and outstanding as of December 31, 2023 and 2022, respectively 741 730
Additional paid in capital 3,166,012 3,136,426
Accumulated deficit (2,259,694) (2,239,443)
Accumulated other comprehensive loss (23,746) (38,076)
Total shareholder's equity 883,313 859,637
Total liabilities and shareholder’s equity $ 5,227,701 $ 5,957,056