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UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Non-current assets    
Property, plant and equipment $ 4,309 $ 4,621
Goodwill and intangible assets 55,919 51,343
Financial Assets 2,763 2,455
Deferred tax assets 3,546 3,553
Derivative financial asset 67 166
Other assets 28 28
Total non-current assets 66,632 62,166
Current assets    
Inventories 20,129 19,374
Trade and other receivables 10,893 16,065
Income tax receivable 431 518
Cash and cash equivalents 1,546 5,167
Total current assets 32,999 41,124
TOTAL ASSETS 99,631 103,290
Equity attributable to the equity holders of the parent    
Share capital 4,337 4,190
Share premium 63,797 63,397
Treasury shares (24,922) (24,922)
Accumulated deficit (93,656) (79,117)
Translation reserve (5,826) (5,461)
Equity component of convertible note 6,709 6,709
Other reserves 23 23
Total deficit (49,538) (35,181)
Current liabilities    
Income tax payable 472 364
Trade and other payables 26,486 26,782
Exchangeable notes and other borrowings 210 210
Provisions 2,059 2,454
Lease liabilities 2,296 2,285
Total current liabilities 31,523 32,095
Non-current liabilities    
Senior secured term loan 83,643 72,391
Convertible loan note 15,857 15,401
Derivative financial liabilities 1,114 1,658
Lease liabilities 10,554 10,477
Provisions 75 75
Contingent consideration 1,841 1,813
Deferred tax liabilities 4,562 4,561
Total non-current liabilities 117,646 106,376
TOTAL LIABILITIES 149,169 138,471
TOTAL EQUITY AND LIABILITIES $ 99,631 $ 103,290