Quarterly report pursuant to Section 13 or 15(d)

Profit/(Loss) per share

v3.23.1
Profit/(Loss) per share
3 Months Ended
Mar. 31, 2023
Profit/(Loss) per share  
Profit/(Loss) per share

Note 4 — Profit / Loss per share

The following tables reconcile the numerator and denominator in the basic and diluted profit/(loss) per share computation (in thousands):

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Three months ended

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March 31, 

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2023

     

2022

Numerator for basic and diluted profit/(loss) per share

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Net profit/(loss) attributable to ordinary shareholders

 

$

1,036

 

$

(50,265)

Net profit/(loss) attributable to ordinary shareholders used for basic and diluted profit/(loss) per share

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$

1,036

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$

(50,265)

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Three months ended

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March 31, 

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2023

    

2022

Denominator for basic profit/(loss) per share - Weighted average shares outstanding

 

991,330,402

 

940,029,247

Effect of dilutive securities:

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Employee stock options

 

8,946,213

 

—

Denominator for diluted profit/(loss) per share

 

1,000,276,615

 

940,029,247

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The dilutive effect of 128,614,053 and 150,064,226 stock options outstanding as of March 31, 2023 and 2022 respectively have been excluded from the diluted profit/(loss) per share calculation for the three months ended March 31, 2023 and 2022 because they would have an antidilutive effect on the profit/(loss) per share for the period.