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Consolidated Statements Of Operations - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
[1]
Jun. 30, 2017
REVENUE (Note 16) $ 360,990 $ 612,889 [2] $ 610,066 [1]
EXPENSE      
Cost of goods sold, IT processing, servicing and support 215,348 304,536 292,383 [1]
Selling, general and administration 202,056 193,003 179,262 [1]
Depreciation and amortization 37,349 35,484 41,378 [1]
Impairment Loss (Note 10) 19,745 20,917  
OPERATING (LOSS) INCOME [3] (113,508) 58,949 [2] 97,043 [1]
CHANGE IN FAIR VALUE OF EQUITY SECURITIES (Note 7) (167,459) [4] 32,473  
LOSS ON DISPOSAL OF DNI 5,771    
INTEREST INCOME 7,229 [4] 17,885 20,897 [1]
INTEREST EXPENSE 10,724 [4] 8,941 3,484 [1]
IMPAIRMENT OF CEDAR CELLULAR NOTE (Note 9) [4] 12,793    
(LOSS) INCOME BEFORE INCOME TAXES (303,026) [4] 100,366 114,456 [1]
INCOME TAX EXPENSE (Note 18) 3,725 48,597 42,506 [1]
NET (LOSS) INCOME BEFORE EARNINGS FROM EQUITY-ACCOUNTED INVESTMENTS (306,751) 51,769 71,950 [1]
EARNINGS FROM EQUITY-ACCOUNTED INVESTMENTS 1,482 11,597 2,814 [1]
NET (LOSS) INCOME (305,269) 63,366 74,764 [1]
Continuing (307,959) 60,975 74,764 [1]
Discontinued 2,690 2,391 [2]  
LESS (ADD): NET INCOME (LOSS) ATTRIBUTABLE TO NON-CONTROLLING INTEREST 2,349 (880) 1,694 [1]
Continuing (1,352) (880) 1,694 [1]
Discontinued 3,701    
NET (LOSS) INCOME ATTRIBUTABLE TO NET1 (307,618) 64,246 [2] 73,070 [1]
Continuing (306,607) 61,855 [2] $ 73,070 [1]
Discontinued $ (1,011) $ 2,391  
Net (loss) income per share, in United States dollars: (Note 19)      
Basic (loss) earnings attributable to Net1 shareholders $ (5.42) $ 1.13 [2] $ 1.34 [1]
Continuing (5.40) 1.09 [2] 1.34 [1]
Discontinued (0.02) 0.04 [2] 0.00 [5]
Diluted (loss) earnings attributable to Net1 shareholders (5.42) 1.13 [2] 1.33 [1]
Continuing (5.40) 1.09 [2] 1.33 [1]
Discontinued $ (0.02) $ 0.04 [2] $ 0.00 [5]
Service Rendered [Member]      
REVENUE (Note 16) $ 330,496 $ 538,429 $ 533,279 [1]
Loan-Based Fees Received [Member]      
REVENUE (Note 16) 29,872 54,949 53,894 [1]
Sale of Goods [Member]      
REVENUE (Note 16) 20,331 $ 19,511 $ 22,893 [1]
Variation of Price Related to SASSA Revenue (Note 13) [Member]      
REVENUE (Note 16) $ (19,709)    
[1] Certain amounts have been restated to correct the misstatement discussed in Note 1.
[2] Certain amounts have been restated to correct the misstatement discussed in Note 1. The impact of the restatement for the year ended June 30, 2018, has been recorded during the three months ended June 30, 2018.
[3] South African transaction processing and Financial inclusion and applies technologies include retrenchment costs for the year ended June 30, 2019, of: $4,665 and $1,604, respectively, for total retrenchment costs for the year ended June 30, 2019, of $6,269. The retrenchment costs are included in selling, general and administration expense on the consolidated statement of operations for the year ended June 30, 2019.
[4] Operating loss: Corporate/Eliminations includes $34.0 million related to the accrual referred to in Note 13.
[5] Certain amounts have been restated to correct the misstatement discussed in Note 1.