18. Operating segments

The Company discloses segment information as reflected in the management information systems reports that its chief operating decision maker uses in making decisions and to report certain entity-wide disclosures about products and services, major customers, and the countries in which the entity holds material assets or reports material revenues. A description of the Company's operating segments is contained in Note 21 to the Company's audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2019. As discussed in Note 21, the Company has presented DNI as a discontinued operation.

The reconciliation of the reportable segments' revenue to revenue from external customers for the three months ended September 30, 2019 and 2018, is as follows:


				Revenue
						From
		Reportable		Inter-		external
		Segment		segment		customers
South African transaction processing	$	19,399	$	2,200	$	17,199
International transaction processing		34,017		-		34,017
Financial inclusion and applied technologies		30,145		605		29,540
Total for the three months ended September 30, 2019	$	83,561	$	2,805	$	80,756

South African transaction processing	$	37,749	$	3,286	$	34,463
International transaction processing		39,387		-		39,387
Financial inclusion and applied technologies		53,206		1,172		52,034
Total for the three months ended September 30, 2018	$	130,342	$	4,458	$	125,884

The Company does not allocate interest income, interest expense or income tax expense to its reportable segments. The Company evaluates segment performance based on segment operating income before acquisition-related intangible asset amortization which represents operating income before acquisition-related intangible asset amortization and allocation of expenses allocated to Corporate/Eliminations, all under GAAP.

The reconciliation of the reportable segments' measures of profit or loss to income before income taxes for the three months ended September 30, 2019 and 2018, is as follows:


		Three months ended
		September 30,
		2019			2018
Reportable segments measure of profit or loss	$	1,906		$	10,551
Operating income: Corporate/Eliminations		(4,640	)		(9,655	)
Interest income		651			1,876
Interest expense		(1,355	)		(2,759	)
(Loss) Income before income taxes	$	(3,438	)	$	13

The following tables summarize segment information that is prepared in accordance with GAAP for the three months ended September 30, 2019 and 2018, with the impact of the deconsolidation of DNI included in discontinued operations:


		Three months ended
		September 30,
		2019			2018
Revenues
South African transaction processing	$	19,399		$	37,749
International transaction processing		34,017			39,387
Financial inclusion and applied technologies		30,145			53,206
Continuing		30,145			34,419
Discontinued		-			18,787
Total		83,561			130,342
Continuing		83,561			111,555
Discontinued		-			18,787
Operating income (loss)
South African transaction processing		(3,385	)		(3,513	)
International transaction processing		3,790			2,762
Financial inclusion and applied technologies		1,501			11,302
Continuing		1,501			3,470
Discontinued		-			7,832
Subtotal: Operating segments		1,906			10,551
Corporate/Eliminations		(4,640	)		(9,655	)
Continuing		(4,640	)		(7,005	)
Discontinued		-			(2,650	)
Total		(2,734	)		896
Continuing		(2,734	)		(4,286	)
Discontinued		-			5,182
Depreciation and amortization
South African transaction processing		661			941
International transaction processing		1,896			3,059
Financial inclusion and applied technologies		384			636
Continuing		384			350
Discontinued		-			286
Subtotal: Operating segments		2,941			4,636
Corporate/Eliminations		1,824			6,158
Continuing		1,824			3,508
Discontinued		-			2,650
Total		4,765			10,794
Continuing		4,765			7,858
Discontinued		-			2,936
Expenditures for long-lived assets
South African transaction processing		1,864			1,286
International transaction processing		677			800
Financial inclusion and applied technologies		83			1,032
Continuing		83			893
Discontinued		-			139
Subtotal: Operating segments		2,624			3,118
Corporate/Eliminations		-			-
Total		2,624			3,118
Continuing		2,624			2,979
Discontinued	$	-		$	139

The segment information as reviewed by the chief operating decision maker does not include a measure of segment assets per segment as all of the significant assets are used in the operations of all, rather than any one, of the segments. The Company does not have dedicated assets assigned to a particular operating segment. Accordingly, it is not meaningful to attempt an arbitrary allocation and segment asset allocation is therefore not presented.