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Consolidated Statements of Income and Other Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Profit or loss [abstract]      
Revenues $ 255,702 $ 192,172 $ 102,461
Cost of sales (52,794) (40,438) (21,777)
Depreciation and amortization (63,849) (40,563) (19,446)
Gross profit 139,059 111,171 61,238
General and administrative expenses (33,303) (28,739) (15,569)
Development expenses (6,347) (5,587) (4,716)
Transaction costs in respect of acquisition of activity in the United States 0 0 (7,331)
Other income 58,734 13,767 778
Total Other Operating Income Expense 19,084 (20,559) (26,838)
Operating profit 158,143 90,612 34,400
Finance income 36,799 23,341 30,333
Finance expenses (68,143) (62,591) (37,175)
Total finance expenses, net (31,344) (39,250) (6,842)
Profit before tax and equity loss 126,799 51,362 27,558
Share of losses of equity accounted investees (330) (306) (189)
Profit before income taxes 126,469 51,056 27,369
Taxes on income (28,428) (12,943) (5,694)
Profit for the year 98,041 38,113 21,675
Amounts which will be classified in the future under profit or loss, net of tax:      
Foreign currency translation differences for foreign operations 53,663 78,177 (67,305)
Effective portion of changes in fair value of cash flow hedges, net 15,929 59,892 (9,168)
Other comprehensive income (loss) item that will not be transfer to profit or loss:      
Presentation currency translation adjustment (41,678) (112,158) 29,510
Total other comprehensive income (loss) for the year 27,914 25,911 (46,963)
Total comprehensive profit (loss) for the year 125,955 64,024 (25,288)
Profit for the year attributed to:      
Owners of the Company 70,924 24,749 11,217
Non-controlling interests 27,117 13,364 10,458
Profit (loss) for the year 98,041 38,113 21,675
Comprehensive income (loss) for the year attributed to:      
Owners of the Company 92,183 45,859 (25,748)
Non-controlling interests 33,772 18,165 460
Total comprehensive profit (loss) for the year $ 125,955 $ 64,024 $ (25,288)
Earnings per ordinary share (in USD) with a par value of NIS 0.1, attributable to owners of the parent Company:      
Basic earnings per share $ 0.61 $ 0.25 $ 0.12
Diluted earnings per share $ 0.57 $ 0.25 $ 0.12
Weighted average of share capital used in the calculation of earnings:      
Basic per share [1] 115,721,346 97,335,870 93,749,219
Diluted per share [1] 123,861,293 99,978,133 98,108,669
[1] The number of ordinary shares is after giving effect to the Reverse Share Split. See also Note 16