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CONSOLIDATED INTERIM STATEMENTS OF LOSS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
CONSOLIDATED INTERIM STATEMENTS OF LOSS [Abstract]        
Revenues [1] $ 433,012 $ 360,221 $ 1,275,180 $ 1,019,911
Cost of revenues:        
Traffic acquisition cost [2] 267,997 231,786 821,737 652,602
Other cost of revenues 32,138 27,776 96,835 80,001
Total cost of revenues 300,135 259,562 918,572 732,603
Gross profit 132,877 100,659 356,608 287,308
Operating expenses:        
Research and development 36,727 35,890 106,264 101,876
Sales and marketing 67,808 59,664 200,253 181,431
General and administrative 23,784 23,839 71,397 76,533
Total operating expenses 128,319 119,393 377,914 359,840
Operating income (loss) 4,558 (18,734) (21,306) (72,532)
Finance expenses, net (1,106) (4,402) (3,740) (11,383)
Income (loss) before income taxes 3,452 (23,136) (25,046) (83,915)
Income tax expenses (9,906) 0 (11,857) (1,848)
Net loss $ (6,454) $ (23,136) $ (36,903) $ (85,763)
Net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, basic (in dollars per share) $ (0.02) $ (0.07) $ (0.11) $ (0.25)
Net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, diluted (in dollars per share) $ (0.02) $ (0.07) $ (0.11) $ (0.25)
Weighted-average shares used in computing net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, basic (in shares) 342,886,216 352,591,043 343,606,187 345,631,022
Weighted-average shares used in computing net loss per share attributable to Ordinary and Non-voting Ordinary shareholders, diluted (in shares) 342,886,216 352,591,043 343,606,187 345,631,022
[1] Includes revenues from related party of $44,936 and $12,307, for the three months ended September 30, 2024 and 2023, respectively, and $157,362 and $26,611, for the nine months ended September 30, 2024 and 2023, respectively.
[2] Includes traffic acquisition cost to related party of $53,104 and $9,869, for the three months ended September 30, 2024 and 2023, respectively, and $205,148 and $9,869, for the nine months ended September 30, 2024 and 2023, respectively.