Company: RSKD
Filing Date: 2025-03-06
Form Type: 20-F
Source: 0001851112-25-000006
Chunk: 214

Company: RISKIFIED LTD.
Filing Date: 2025-03-06
Form: 20-F
Item: Item 19
Chunk 214
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 profit (loss), which is consolidated net profit (loss):

F-19

RISKIFIED LTD.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

                                                  Year Ended December 31,                                                                    
                                                  2024                                        2023                     2022                  
                                                  (in thousands)                                                                             
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Revenue                                         $                              327,516      $           297,610      $            261,247  
  Less:                                                                                                                                      
  Chargebacks, net of chargebacks won                                            131,697                  121,762                   103,196  
  Other costs of revenue (1)                                                      24,115                   22,559                    22,333  
  Operating expenses - payroll costs                                             118,109                  124,358                   124,046  
  Operating expenses - non-payroll costs (2)                                      43,616                   43,370                    53,553  
  Other segment items (3)                                                         44,901                   44,596                    62,824  
  Net profit (loss)                               $                            ( 34,922)      $         ( 59,035)      $         ( 104,705)  

_______________

(1) Other costs of revenue primarily consists of compensation and benefits related costs associated with teams integral in providing our service, hosting fees and software costs, data enrichment costs, payment processing fees, amortization of capitalized software development costs and deferred contract fulfillment costs, and allocated overhead.

(2) Operating expenses - non-payroll costs primarily consists of overhead costs, software costs, professional services fees, marketing costs, and travel costs.

(3) Other segment items consist of share-based compensation (as presented in Note 11), provision for (benefit from) income taxes, interest income (expense), and other income (expense) as presented on the consolidated statements of operations. Other segment items are excluded from the preceding line items but are included in the measure of segment profit (loss).

4. Revenue Recognition

Disaggregation of Revenue

The following table summarizes revenue by region in which our merchants’ headquarters are located:

                                                           Year Ended December 31,                                                                                                                                         
                                                           2024                                                                                                                                                            
                                                           Amount                                                   Percentage of Revenue                   Percentage of Revenue                   Percentage of Revenue  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────