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Consolidated statement of cash flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities      
Receipts from customers $ 774,199 $ 467,660 $ 311,754
Payments to suppliers and employees (710,551) (418,328) (280,388)
Payments for contingent consideration (51,786) (23,902) (10,917)
Income taxes paid (21,298) (2,033) (6,859)
Interest received 5,843 7,180 1,068
Interest paid (13,700) (3,087) (385)
Net cash (used in)/from operating activities (17,293) 27,490 14,273
Cash flows from investing activities      
Payments for investments in financial assets (892) (32,913) (8,698)
Payments for acquisition of subsidiaries, net of cash acquired (220,662) (20,662) 0
Purchases of intangible assets (18,084) (13,067) (802)
Purchases of other non-current assets (12,224) (8,395) 0
Purchases of property, plant and equipment (25,692) (9,117) (6,307)
Payments for contingent consideration (7,667) (2,533) (995)
Payments for deferred consideration (700) 0 0
Payments for decommissioning liability 0 0 (37)
Net cash used in investing activities (285,921) (86,687) (16,839)
Cash flows from financing activities      
Proceeds from borrowings 529 427,904 4,188
Repayment of borrowings (819) (745) 0
Principal element of lease payments (5,237) (1,317) (1,266)
Proceeds from issue of shares and other equity 1,808 662 4,169
Transaction costs of borrowings or capital raising 0 (9,713) 0
Net cash (used in)/provided by financing activities (3,719) 416,791 7,091
Net (decrease)/increase in cash held (306,933) 357,594 4,525
Net foreign exchange differences 8,800 (1,890) 992
Cash and cash equivalents at the beginning of the financial year 439,999 84,295 78,778
Cash and cash equivalents at the end of the financial year $ 141,866 $ 439,999 $ 84,295