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Revenue
 3 Months Ended
Sep. 30, 2022
Revenue From Contract With Customer [Abstract]  
Revenue

3. Revenue

Disaggregation of Revenue

The following table presents the Company’s net revenue disaggregated by vertical (in thousands):

 

 

 

Three Months Ended

 

 

 

September 30,

 

 

 

2022

 

 

2021

 

Net revenue:

 

 

 

 

 

 

 

 

Financial Services

 

$

94,990

 

 

$

117,912

 

Home Services

 

 

46,733

 

 

 

39,986

 

Other Revenue

 

 

1,870

 

 

 

1,710

 

Total net revenue

 

$

143,593

 

 

$

159,608

 

Contract Balances

The following table provides information about contract liabilities from the Company’s contracts with its clients (in thousands):

 

 

 

September 30,

 

 

June 30,

 

 

 

2022

 

 

2022

 

Deferred revenue

 

$

48

 

 

$

341

 

Client deposits

 

 

1,093

 

 

 

1,163

 

Total

 

$

1,141

 

 

$

1,504

 

The Company’s contract liabilities result from payments received in advance of revenue recognition and advance consideration received from clients, which precede the Company’s satisfaction of the associated performance obligation. The changes in the liability balances during the three months ended September 30, 2022 related to advance consideration received from clients of $1.1 million, offset by revenue recognized of $1.5 million.