Taxation (Tables)

12 Months Ended

Dec. 31, 2025

Income Tax Disclosure [Abstract]

Schedule of Components Loss Before Taxes

The components of income / (loss) before taxes for the years ended December 31, 2025, 2024 and 2023 consisted of the following:

	For the Year Ended December 31,
	2025			2024			2023
United Kingdom	$	(85,251	)	$	(46,202	)	$	24,130
United States		(100,537	)		(49,227	)		(80,969	)
Foreign Other		113,727			109,453			77,428
Income from operations before taxes	$	(72,061	)	$	14,024		$	20,589

Schedule of Income Tax Benefit

The income tax expense / (benefit) consists of the following:

	For the Year Ended December 31,
	2025			2024			2023
Current:
United Kingdom	$	4,554		$	(4,924	)	$	(3,447	)
United States		913			2,235			2,247
Foreign Other		30,576			27,740			22,348
Total		36,043			25,051			21,148
Deferred:
United Kingdom		20,248			(5,667	)		15,764
United States		71,553			(12,020	)		11,395
Foreign Other		(17,398	)		(15,500	)		(7,467	)
Total		74,403			(33,187	)		19,692
Income tax expense / (benefit)	$	110,446		$	(8,136	)	$	40,840

Schedule of Effective Income Tax Rate

The following is a reconciliation of the statutory income tax rate to the Company’s effective income tax rate for the year ended December 31, 2025:

	For the Year Ended December 31,
	2025
	Amount			Percentage
United Kingdom corporate tax rate		(18,015	)		25.0	%
Foreign Tax Effects
United States
Tax rate differential		3,663			(5.1	)%
State taxes		14,233			(19.8	)%
Changes in valuation allowance		77,317			(107.3	)%
Base erosion and anti-abuse tax		2,544			(3.5	)%
Non-deductible share based compensation		700			(1.0	)%
Other tax adjustments		(878	)		1.2	%
Canada
Tax rate differential		(1,272	)		1.8	%
Changes in valuation allowance		(6,982	)		9.7	%
Provincial taxes		(4,054	)		5.6	%
Other tax adjustments		6			(0.0	)%
Ireland
Tax rate differential		(4,427	)		6.1	%
Additional taxes on passive income		895			(1.2	)%
Pillar II taxes		269			(0.4	)%
Other tax adjustments		119			(0.2	)%
Bulgaria
Tax rate differential		(2,036	)		2.8	%
Pillar II taxes		586			(0.8	)%
Other tax adjustments		450			(0.6	)%
Peru
Tax rate differential		791			(1.1	)%
Withholding tax on dividend distributions		900			(1.2	)%
Other tax adjustments		902			(1.3	)%
Other foreign jurisdictions		(1,368	)		1.9	%
Nontaxable or Nondeductible Items
Share-based compensation		617			(0.9	)%
Legal fees in respect of litigation		9,837			(13.7	)%
Other tax adjustments		(546	)		0.8	%
Personnel related costs		1,392			(1.9	)%
Changes in Unrecognized Tax Benefits		(2,008	)		2.8	%
Changes in Valuation Allowance		36,811			(51.1	)%
Tax expense / (benefit) / Effective tax rate		110,446			(153.3	)%

The following is a reconciliation of the statutory income tax rate to the Company’s effective income tax rate for the years ended December 31, 2024 and 2023 as previously disclosed and before adoption of ASU 2023‑09:

	For the Year Ended December 31,
		2024			2023
United Kingdom corporate tax rate			25.0	%		23.5	%
Changes in respect of prior periods			(74.3	)%		41.6	%
Rate change			(1.1	)%		4.5	%
Expenses not deductible for tax purposes			46.1	%		9.5	%
Tax effect of short fall on share-based compensation			22.9	%		22.3	%
Gains and losses not subject to income tax			—			(1.5	)%
Withholding tax on unremitted earnings			11.4	%		8.7	%
Movement in deferred tax not recognized			20.2	%		131.9	%
Movement in tax losses not recognized			(32.7	)%		(7.0	)%
Foreign income taxed at different rates			(57.0	)%		(31.8	)%
Pillar II taxes			10.1	%		—
Movement in uncertain tax positions			(21.9	)%		(3.4	)%
Impact of gains and losses on derivative instruments			(7.3	)%		—
Other			0.6	%		0.1	%
Effective tax rate			(58.0	)%		198.4	%

Schedule of Income Taxes Paid

Income taxes paid

The following table includes details of income taxes paid for the years ended December 31, 2025:

	For the Year Ended December 31,
	2025
United Kingdom	$	6,864
United States - Federal Taxes		595
United States - State Taxes		712
Peru		14,601
Mexico		2,588
Ireland		7,232
Canada		2,236
Austria		(2,981	)
Bulgaria		1,210
Switzerland		1,026
Other foreign payments		2,007
Total	$	36,090

Schedule of Beginning and Ending of Gross Unrecognized Tax Positions

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits for uncertain tax positions is as follows:

	For the Year Ended December 31,
	2025			2024			2023
Beginning unrecognized tax benefits	$	4,957		$	8,035		$	16,769
Decreases related to prior year tax positions		(2,018	)		(3,078	)		(1,302	)
Increases related to prior year tax provisions		10			-			-
Increases related to current year tax provisions		-			-			464
Decreases related to settlement with tax authorities		-			-			(7,896	)
Closing unrecognized tax benefits	$	2,949		$	4,957		$	8,035

Schedule of Deferred Tax Assets and Liabilities

The principal components of deferred tax were as follows:

	For the Year Ended December 31,
	2025			2024
Deferred tax assets:
Property and equipment	$	7,287		$	6,316
Intangible assets		21,420			60,250
Carry forward tax losses		134,056			129,096
Excess interest carry forward		143,832			110,918
Accrued and unpaid expenses		5,386			9,769
Financial instruments		4,237			2,606
Other		12,144			13,690
Total deferred tax assets		328,362			332,645
Valuation allowance		(223,868	)		(103,337	)
Net deferred tax assets		104,494			229,308
Deferred tax liabilities:
Property and equipment		(1,651	)		(2,888	)
Intangible assets		(172,466	)		(216,279	)
Other		(8,673	)		(10,407	)
Total deferred tax liabilities		(182,790	)		(229,574	)
Net deferred tax liabilities	$	(78,296	)	$	(266	)