Google Analytics 4 - event count but no conversion count

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Has anyone encountered this problem? We have a couple of events that are showing up as events in GA4 like expected, we've marked them as conversions since many weeks back, but they are not showing up as conversions.

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We have a server-side analytics setup with GTM and Google Tag that from what we can see works like expected. This issue makes us lose the attribution back to our paid traffic.

Edit: I found a workaround, which was to create a brand new GA4-property and route our server-side events through there instead. This new property works like expected without changing anything else in our server-side analytics setup.

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