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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating activities      
Profit/(loss) for the year, net of tax $ 7,410 $ (117,444) $ (751)
Adjustments for:      
Depreciation and amortization 6,901 2,540 561
Share-based payments expense 3,751 3,761 2,276
Goodwill and Investments in equity accounted associates impairment 62,828    
Share listing expense   125,438  
Share of loss of equity-accounted associates 10,121    
Gain on acquisition   (79)  
Impairment loss on trade receivables and loans receivable 29,987 102  
Property and equipment write-off 454    
Impairment of intangible assets 547    
Change in fair value of share warrant obligation and other financial instruments (2,767) (10,080)  
Unwinding of discount on the put option liability 366    
Transaction costs 104    
Interest income (1,639)    
Interest expense 116 91 38
Lease modification gain (11)    
Loss on sale of disposal group 4,969    
Dividend on ETFs accrued (231)    
Trade receivables write-off 81    
Foreign exchange (gain)/loss, net 1,020 2,809 (1,991)
Income tax expense 3,760 1,127 862
Total cash flows from operations before changes in working capital 127,767 8,265 995
Changes in working capital:      
Decrease/(increase) in deferred platform commissions 21,851 (26,946) (52,465)
(Decrease)/increase in deferred revenue (30,242) 127,899 184,603
Increase in trade and other receivables (4,498) (12,682) (7,490)
Increase/(decrease) in trade and other payables 2,282 9,600 (1,060)
Cash flows from (used in) operations (10,607) 97,871 123,588
Income tax paid (1,078) (617) (3,978)
Interest received   7 19
Net cash flows generated from operating activities 116,082 105,526 120,624
Investing activities      
Acquisition of intangible assets (64) (338)  
Acquisition of property and equipment (994) (1,099) (147)
Acquisition of subsidiary net of cash acquired (54,113) (1,159)  
Investments in equity accounted associates (17,970)    
Loans granted (31,659) (123)  
Proceeds from repayment of loans 746   508
Acquisition of other investments (67,729)    
Net cash flows (used)/generated in investing activities (171,783) (2,719) 361
Financing activities      
Payments of lease liabilities (2,013) (2,132) (341)
Proceeds from loans receivable 224    
Repayment of borrowings   (49) (3,980)
Payments of lease interest (115) (90) (26)
Payments of interest non-lease     (17)
Dividends paid and distribution to shareholders   (160,366) (51,683)
Cash acquired in the Transaction   119,659  
Net cash flows used in financing activities (1,904) (42,978) (56,047)
Net (decrease)/increase in cash and cash equivalents for the year (57,605) 59,829 64,938
Cash and cash equivalents at the beginning of the year 142,802 84,557 17,565
Effect of changes in exchange rates on cash held 1,577 (1,584) 2,054
Cash and cash equivalents at the end of the year $ 86,774 $ 142,802 $ 84,557