| Loss per share |
Note 4 — Loss per share
The following tables reconcile the numerator and denominator in the basic and diluted loss per share computation (in thousands):
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Three months ended |
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Six months ended |
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June 30, |
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June 30, |
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|
2025 |
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2024 |
|
2025 |
|
2024 |
Numerator for basic and diluted (loss)/profit per share |
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Net (loss)/profit attributable to ordinary shareholders |
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$ |
(30,340) |
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$ |
69,521 |
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$ |
(77,924) |
|
$ |
21,018 |
Net (loss)/profit attributable to ordinary shareholders used for basic and diluted (loss)/profit per share |
|
$ |
(30,340) |
|
$ |
69,521 |
|
$ |
(77,924) |
|
$ |
21,018 |
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|
|
Three months ended |
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Six months ended |
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|
June 30, |
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June 30, |
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|
2025 |
|
2024 |
|
2025 |
|
2024 |
Denominator for basic (loss)/profit per share - Weighted average shares outstanding |
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1,584,522,868 |
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1,533,531,837 |
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1,563,458,270 |
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1,492,386,749 |
Effect of dilutive securities: |
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Employee stock options |
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— |
|
25,651,937 |
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— |
|
26,617,926 |
Denominator for diluted (loss)/profit per share |
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1,584,522,868 |
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1,559,183,774 |
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1,563,458,270 |
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1,519,004,675 |
The dilutive effect of 261,875,895 stock options outstanding for the six months ended June 30, 2025 and 132,547,250 weighted stock options outstanding for the six months ended June 30, 2024 have been excluded from the diluted loss per share calculation because they would have an antidilutive effect on the loss per share for the period.
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