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CONSOLIDATED STATEMENT OF FINANCIAL POSITION - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Non-current assets    
Property, plant and equipment $ 4,621 $ 1,892
Goodwill and intangible assets 51,343 16,270
Financial assets 2,455 0
Deferred tax assets 3,553 1,975
Derivative financial instruments 166 178
Other assets 28 79
Total non-current assets 62,166 20,394
Current assets    
Inventories 19,374 19,933
Trade and other receivables 16,065 13,901
Income tax receivable 518 1,516
Cash and cash equivalents 5,167 3,691
Total current assets 41,124 39,041
TOTAL ASSETS 103,290 59,435
Equity attributable to the equity holders of the parent    
Share capital 4,190 1,972
Share premium 63,397 46,619
Treasury shares (24,922) (24,922)
Accumulated deficit (79,117) (48,644)
Translation reserve (5,461) (5,706)
Equity component of convertible note 6,709 6,709
Other reserves 23 23
Total equity (35,181) (23,949)
Current liabilities    
Income tax payable 364 279
Trade and other payables 26,782 12,802
Provisions 2,454 50
Exchangeable notes and other borrowings 210 210
Lease liabilities 2,285 1,694
Total current liabilities 32,095 15,035
Non-current liabilities    
Senior secured term loan 72,391 40,109
Derivative financial liability 1,658 526
Convertible Note 15,401 14,542
Contingent consideration 1,813 0
Provisions 75 0
Lease liabilities 10,477 10,872
Deferred tax liabilities 4,561 2,300
Total non-current liabilities 106,376 68,349
TOTAL LIABILITIES 138,471 83,384
TOTAL EQUITY AND LIABILITIES $ 103,290 $ 59,435