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Unaudited Quarterly Results | 12 Months Ended
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Jun. 30, 2020
Quarterly Financial Results [Abstract] |
Quarterly Financial Results | 25. UNAUDITED QUARTERLY RESULTS The following tables contain selected unaudited consolidated statements of operations information for each quarter of fiscal 2020 and 2019:
|  |  |  | Three months ended |  |  |  |
|  |  |  | Jun 30, 2020 |  | Mar 31, 2020 |  | Dec 31, 2019 |  | Sep 30, 2019 |  | June 30, 2020 |
|  |  |  | (In thousands except per share data) |
| Revenue | $ | 25 978 |  | $ | 36 514 |  | $ | 40 567 |  | $ | 47 938 |  | $ | 150 997 |
| Operating loss |  | (13 180) |  |  | (14 212) |  |  | (10 420) |  |  | (6 436) |  |  | (44 248) |
| Net (loss) income attributable to Net1 |  | (38 880) |  |  | (34 881) |  |  | (205) |  |  | (4 392) |  |  | (78 358) |
|  |  | Continuing |  | (38 601) |  |  | (48 361) |  |  | (2 925) |  |  | (7 327) |  |  | (97 214) |
|  |  | Discontinued | $ | (279) |  | $ | 13 480 |  | $ | 2 720 |  | $ | 2 935 |  | $ | 18 856 |
| Net (loss) income per share, in United States dollars |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Basic (loss) earnings attributable to Net1 shareholders | $ | (0,68) |  | $ | (0,61) |  | $ | - |  | $ | (0,08) |  | $ | (1,37) |
|  |  | Continuing | $ | (0,68) |  | $ | (0,85) |  | $ | (0,05) |  | $ | (0,13) |  | $ | (1,70) |
|  |  | Discontinued | $ | (0,00) |  | $ | 0,24 |  | $ | 0,05 |  | $ | 0,05 |  | $ | 0,33 |
| Diluted (loss) earnings attributable to Net1 shareholders | $ | (0,69) |  | $ | (0,62) |  | $ | - |  | $ | (0,08) |  | $ | (1,37) |
|  |  | Continuing | $ | (0,69) |  | $ | (0,86) |  | $ | (0,05) |  | $ | (0,13) |  | $ | (1,70) |
|  |  | Discontinued | $ | (0,00) |  | $ | 0,24 |  | $ | 0,05 |  | $ | 0,05 |  | $ | 0,33 |
|  |  |  | Three months ended |  |  |  |
|  |  |  | Jun 30, 2019 |  | Mar 31, 2019 |  | Dec 31, 2018 |  | Sep 30, 2018 |  | June 30, 2019 |
|  |  |  | (as restated)(A) |  | (as restated)(A) |  |  |  |  |  | (as restated)(A) |
|  |  |  | (In thousands except per share data) |
| Revenue (Q4 includes $19,709 refund) | $ | 17 053 |  | $ | 36 586 |  | $ | 42 042 |  | $ | 70 546 |  | $ | 166 227 |
| Operating (loss) income |  | (52 356) |  |  | (23 776) |  |  | (51 465) |  |  | (7 335) |  |  | (134 932) |
| Net (loss) income attributable to Net1 |  | (183 048) |  |  | (58 819) |  |  | (63 941) |  |  | (5 199) |  |  | (311 007) |
|  |  | Continuing |  | (184 320) |  |  | (51 050) |  |  | (66 723) |  |  | (9 668) |  |  | (311 761) |
|  |  | Discontinued | $ | 1 272 |  | $ | (7 769) |  | $ | 2 782 |  | $ | 4 469 |  | $ | 754 |
| Net (loss) income per share, in United States dollars |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Basic (loss) earnings attributable to Net1 shareholders | $ | (3,22) |  | $ | (1,03) |  | $ | (1,12) |  | $ | (0,09) |  | $ | (5,48) |
|  |  | Continuing | $ | (3,24) |  | $ | (0,90) |  | $ | (1,17) |  | $ | (0,17) |  | $ | (5,49) |
|  |  | Discontinued | $ | 0,02 |  | $ | (0,13) |  | $ | 0,05 |  | $ | 0,08 |  | $ | 0,01 |
| Diluted (loss) earnings attributable to Net1 shareholders | $ | (3,27) |  | $ | (1,04) |  | $ | (1,13) |  | $ | (0,09) |  | $ | (5,48) |
|  |  | Continuing | $ | (3,29) |  | $ | (0,91) |  | $ | (1,18) |  | $ | (0,17) |  | $ | (5,49) |
|  |  | Discontinued | $ | 0,02 |  | $ | (0,13) |  | $ | 0,05 |  | $ | 0,08 |  | $ | 0,01 |
(A) Certain amounts have been restated to correct the misstatement s discussed in Note 1. The impact of the restatement s for the year ended June 30, 201 9, ha ve been recorded during the three months ended June 30, 201 9 and March 31, 2019, respectively.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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