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Consolidated Statements of Profit or Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Consolidated Statements Of Profit Or Loss      
Interest income and gains (losses) on financial instruments $ 3,555,213 $ 1,046,746 $ 382,922
Fee and commission income 1,237,018 651,277 354,211
Total revenue 4,792,231 1,698,023 737,133
Interest and other financial expenses (1,547,903) (367,344) (113,924)
Transactional expenses (176,427) (117,119) (126,815)
Credit loss allowance expenses (1,404,911) (480,643) (169,485)
Total cost of financial and transactional services provided (3,129,241) (965,106) (410,224)
Gross profit 1,662,990 732,917 326,909
Operating expenses      
Customer support and operations (335,363) (190,509) (123,950)
General and administrative expenses (G&A) (1,333,267) (628,901) (266,024)
G&A - Contingent share award (CSA) termination (355,573)
G&A - Other (977,694) (628,901) (226,024)
Marketing expenses (152,997) (79,574) (19,426)
Other income (expenses) (150,264) (4,097) (9,535)
Total operating expenses (1,971,891) (903,081) (418,935)
Results with convertible instruments (101,152)
Loss before income taxes (308,901) (170,164) (193,178)
Current taxes (473,345) (219,824) (22,338)
Deferred taxes 417,612 224,654 44,025
Total income taxes (55,733) 4,830 21,687
Loss for the year (364,634) (165,334) (171,491)
Loss attributable to shareholders of the parent company (364,578) (164,993) (171,491)
Loss attributable to non-controlling interests $ (56) $ (341)
Loss per share – Basic and Diluted $ (0.0780) $ (0.1030) $ (0.1304)
Weighted average number of outstanding shares – Basic and Diluted (in thousands of shares) 4,676,977 1,602,126 1,315,578