v3.26.1
Consolidated Statement of Loss and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Disclosure of classes of share capital [line items]      
Revenue $ 3,058,109 $ 2,034,261 [1] $ 2,368,085 [1]
Cost of sales (4,142,019) (2,910,428) [1] (2,778,222) [1]
Impairment expense, net of reversals (1,049,851) (622,092) [1] (339,568) [1]
Other cost of sales (3,092,168) (2,288,336) [1] (2,438,654) [1]
Gross loss (1,083,910) (876,167) [1] (410,137) [1]
Selling, general and administrative expense (856,458) (890,703) [1] (944,177) [1]
Research and development expense (77,636) (38,350) [1] (157,280) [1]
Other operating income 52,413 59,432 [1] 62,937 [1]
Other operating expense (87,810) (23,818) [1] (58,323) [1]
Foreign exchange gains (losses) on operating activities, net 44,144 (43,705) [1] 37,466 [1]
Operating loss (2,009,257) (1,813,311) [1] (1,469,514) [1]
Finance income 8,996 23,879 [1] 32,329 [1]
Finance expense (385,190) (341,182) [1] (213,242) [1]
Foreign exchange gains (losses) on financial activities, net 50,282 (52,603) [1] 37,236 [1]
Fair value changes - Earn-out rights and Class C shares 23,391 129,124 [1] 465,168 [1]
Share of losses in associates (49,145) (4,970) [1] (43,304) [1]
Loss before income taxes (2,360,923) (2,059,063) [1] (1,191,327) [1]
Income tax benefit 3,692 9,166 [1] 9,452 [1]
Net loss $ (2,357,231) $ (2,049,897) [1] $ (1,181,875) [1]
Net loss per share (in U.S. dollars)      
Net loss per share - basic (in dollars per share) $ (0.85) $ (0.97) $ (0.56)
Net loss per share - diluted (in dollars per share) $ (0.85) $ (0.97) $ (0.56)
Items that may be subsequently reclassified to the Consolidated Statement of Comprehensive Loss:      
Exchange rate differences from translation of foreign operations $ 48,491 $ (37,513) [1] $ (10,143) [1]
Total other comprehensive income (loss) 48,491 (37,513) [1] (10,143) [1]
Total comprehensive loss $ (2,308,740) $ (2,087,410) [1] $ (1,192,018) [1]
Class A Shares      
Net loss per share (in U.S. dollars)      
Net loss per share - basic (in dollars per share) $ (0.85) $ (0.97) [1] $ (0.56) [1]
Net loss per share - diluted (in dollars per share) (0.85) (0.97) [1] (0.56) [1]
Class B Shares      
Net loss per share (in U.S. dollars)      
Net loss per share - basic (in dollars per share) (0.85) (0.97) [1] (0.56) [1]
Net loss per share - diluted (in dollars per share) $ (0.85) $ (0.97) [1] $ (0.56) [1]
[1] Certain figures and descriptions were re-presented (see Voluntary re-presentation from previous year in Note 2 - Material accounting policies and use of significant judgements and estimates).