| Schedule of general and administrative expense |
General and administrative expense is comprised of the following: | | | | | | | | | | | | | | | | | | | | | | | For the year ended December 31, | | In thousands of USD | | 2023 | | 2024 | | 2025 | | Staff Costs | | 45,147 | | | 41,107 | | | 37,144 | | | Occupancy Costs | | 2,099 | | | 1,359 | | | 983 | | | Professional fees | | 11,278 | | | 10,206 | | | 11,503 | | | Travel and entertainment | | 2,172 | | | 2,290 | | | 1,987 | | | Office and related expenses | | 6,020 | | | 4,576 | | | 4,408 | | | Bank fees & payment costs | | 650 | | | 736 | | | 786 | | | Bad debt expense | | 212 | | | 989 | | | 467 | | | Tax expense / (reversal) | | (8,018) | | | (2,921) | | | (1,355) | | | Provisions for liabilities and other charges | | 1,745 | | | 300 | | | 171 | | | Depreciation and amortization | | 9,806 | | | 8,160 | | | 7,954 | | | Other general and administrative expense | | 3,314 | | | 3,124 | | | 2,070 | | | General and administrative expense | | 74,425 | | | 69,926 | | | 66,118 | |
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| Schedule of tax expense / (reversal), refers to tax expense / (reversal) other than income tax |
Tax expense / (reversal), refers to tax expense / (reversal) other than income tax and is comprised of the following: | | | | | | | | | | | | | | | | | | | | | | | As of December 31, | | In thousands of USD | | 2023 | | 2024 | | 2025 | | Withholding taxes | | (6,398) | | | (4,624) | | | (4,059) | | | VAT | | (2,999) | | | (1,446) | | | (101) | | | Other taxes | | 1,378 | | | 3,149 | | | 2,805 | | | Total | | (8,018) | | | (2,921) | | | (1,355) | |
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