Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.22.1
Segment Information (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure of operating segments [abstract]  
Schedule of Consolidated Statements of Profit and Loss
Below is a summary of the Group’s segments and a reconciliation between the results from operations as per segment information and the results from operations as per the Consolidated Statements of Profit and Loss.
For the Year Ended December 31, 2021
UK
US
All other
segments
Total
segments
Reconciliation
adjustments
Total as
per
statement
of profit
and loss
$’000 $’000 $’000 $’000 $’000 $’000
Revenue
88,967  232,296  1,610  322,873  48  322,921 
Inter-segment revenue
2,205  (3,964) 1,756  (3)
Segment revenue
91,172  228,332  3,366  322,870  51  322,921 
Cost of care delivery
(41,542) (253,998) (1,590) (297,130) 7,458  (289,672)
Other operating expenses, excluding amortization and depreciation (114,975) (105,602) (171,951) (392,528) (8,226) (400,754)
Change in fair value of warrant liabilities —  —  27,811  27,811  —  27,811 
Exchange (loss) / gain
(1,844) 189  1,390  (265) 1,133  868 
Gain on sale of subsidiary —  —  2,687  2,687  1,230  3,917 
Gain on remeasurement of equity interest —  —  10,495  10,495  —  10,495 
Share of loss of equity-accounted investees
—  (2,602) —  (2,602) —  (2,602)
Segment EBITDA
(67,189) (133,681) (127,792) (328,662) 1,646  (327,016)
Depreciation and amortization
(35,004)
Change in fair value of warrant liabilities (27,811)
Exchange gain
(868)
Gain on sale of subsidiary (3,917)
Gain on remeasurement of equity interest (10,495)
Share of loss of equity-accounted investees
2,602 
Operating loss
(402,509)
For the Year Ended December 31, 2020
UK
US
All other
segments
Total
segments
Reconciliation
adjustments
Total as
per
statement
of profit
and loss
$’000 $’000 $’000 $’000 $’000 $’000
Revenue
44,000  32,226  2,968  79,194  78  79,272 
Inter-segment revenue
1,194  (3,094) 1,766  (134) 134 
Segment revenue
45,194  29,132  4,734  79,060  212  79,272 
Cost of care delivery
(34,600) (34,381) (7,205) (76,186) 8,932  (67,254)
Other operating expenses, excluding amortization and depreciation (127,762) (27,190) (3,990) (158,942) (14,100) (173,042)
Exchange (loss) / gain
403  (246) 17,060  17,217  (20,053) (2,836)
Share of loss of equity-accounted investees
—  —  (1,124) (1,124) —  (1,124)
Segment EBITDA
(116,765) (32,685) 9,475  (139,975) (25,009) (164,984)
Depreciation and amortization
(14,487)
Exchange loss
2,836 
Share of loss of equity-accounted investees
1,124 
Operating loss
(175,511)
For the Year Ended December 31, 2019
UK
US
All other
segments
Total
segments
Reconciliation
adjustments
Total as
per
statement
of profit
and loss
$’000 $’000 $’000 $’000 $’000 $’000
External revenue
14,633  —  1,410  16,043  (9) 16,034 
Inter-segment revenue
4,081  (2,669) (1,382) 30  (30) — 
Segment revenue
18,714  (2,669) 28  16,073  (39) 16,034 
Cost of care delivery
(25,707) (160) (373) (26,240) 6,430  (19,810)
Other operating expenses, excluding amortization and depreciation (119,895) (23,273) (5,340) (148,508) (8,040) (156,548)
Exchange (loss) / gain
314  (83) 16,584  16,815  260  17,075 
Segment EBITDA
(126,574) (26,185) 10,899  (141,860) (1,389) (143,249)
Depreciation and amortization
(2,496)
Exchange gain
(17,075)
Operating loss
(162,820)
Disaggregation of Revenue
Below is a summary of the revenue derived from the Group’s major customers:
For the Year Ended December 31,
2021 2020 2019
$‘000 % of revenue $‘000 % of revenue $‘000 % of revenue
Customer 1
119,785  37.1  % 11,918  15.0  % 2,215  13.8  %
Customer 2
39,764  12.3  % 9,706  12.3  % 2,465  15.4  %
Customer 3
38,705  12.0  % 9,505  12.0  % 5,607  34.9  %
Customer 4
N/A N/A 14,937  18.9  % N/A N/A
Revenue from external customers attributed to individual countries is summarized as follows:
For the Year Ended December 31,
2021 2020 2019
$’000 $’000 $’000
UK
35,490  28,827  12,189 
US
232,708  32,689  — 
Asia-Pacific
14,965  11,585  2,215 
Canada
38,705  3,207  564 
Rest of World
1,053  2,964  1,066 
Total
322,921  79,272  16,034