Discontinued Operations	12 Months Ended
Discontinued Operations	Jun. 30, 2021
Discontinued Operations [Abstract]
Discontinued Operations	24 . DISCONTINUED OPERATION S Discontinued operations – Net1 Korea and DNI The Company determined that, following the disposal of its controlling interest, Net1 Korea (in fiscal 2020) and DNI (in fiscal 2019) (refer to Note 23), should be classified as discontinued operations because the disposal of these businesses represented a strategic shift that would have a major effect on the Company’s operations and financial results. The facts and circumstanc es leading to the disposal of Net1 Korea and DNI are described in Note 23. The gain related to the disposal of Net1 Korea and the loss related to the disposal of DNI are presented in Note 23. Net1 Korea, as a stand-alone holding company, and the amortization of intangible assets identified and recognized related to the KSNET acquisition, were allocated to corporate/eliminations and Net1 Korea’s subsidiaries, including KSNET, were allocated to the Company’s international transaction processing operating segment prior to the re-segmentation of the Company’s operating segments during the year ended June 30, 2021. Net1 Korea did not have any equity method investments or any non-controlling interests. DNI was allocated to the Company’s financial inclusion and applied technologies operating segment, prior to the re-segmentation of the Company’s operating segments during the year ended June 30, 2021, and the amortization of intangible assets identified and recognized related to the DNI acquisition were allocated to corporate/eliminations. Net1 Korea and DNI are not included in the operating segments presented in Note 20 because these entities are discontinued operations and the operating segments in Note 20 only presents operating segment information for continuing operations . The Company retained a continuing involvement in DNI through its 38 % interest in DNI (refer to Note 8) following the March 31, 2019, transaction disclosed in Note 23. As disclosed in Note 8, the Company sold an 8 % interest in DNI in May 2019, and entered into an agreement under which it provided a call option to DNI to repurchase the then remaining 30 % interest in DNI. The Company recorded earnings under the equity method related to its retained investment in DNI during the nine months ended March 31, 2020, refer to Note 8. The Company recorded earnings under the equity method related to its retained investment in DNI during the three months ended June 30, 2019 of $ 0.9 million, which comprised the Company’s share of DNI’s net income of $ 1.4 million, less amortization of acquired intangible assets, net, of $ 0.5 million (gross $ 0.7 million less deferred taxes of $ 0.2 million). The table below presents revenues and expenses between the Company and DNI, after the DNI disposal transaction, during the year ended June 30, 2020 (i.e. for the nine months ended March 31, 2020), and 2019 (i.e. for the three months ended June 30, 2019), respectively: DNI Years ended June 30, 2020 2019 Revenue generated from transactions with DNI $ - $ - Expenses incurred related to transactions with DNI $ - $ 2,902 Refer to Note 8 for the dividends received from DNI and accounted for under the equity method during the year ended June 30, 2020. The Company received dividends of $ 0.9 million during the year ended June 30, 2019. 24. DISCONTINUED OPERATION S ( continued) Discontinued operations – Net1 Korea and DNI (continued) The table below presents certain major captions to the Company’s consolidated statement of operations and consolidated statement of cash flows for the years ended June 30, 2020 and 2019, that have not been separately presented on those statements related to the presentation of Net1 Korea and DNI as discontinued operations: 2020 2019 Total (Net1 Korea) Total Net1 Korea DNI Consolidated statement of operations Discontinued: Revenue $ 85,375 $ 194,763 $ 138,426 $ 56,337 Cost of goods sold, IT processing, servicing and support 37,377 85,652 57,984 27,668 Selling, general and administration 30,562 57,136 53,479 3,657 Depreciation and amortization 8,652 25,246 17,220 8,026 Impairment loss - 5,305 - 5,305 Operating income 8,784 21,424 9,743 11,681 Interest income 678 1,805 1,098 707 Interest expense 106 864 52 812 Net income before tax 9,356 22,365 10,789 11,576 Income tax expense 2,954 8,750 4,989 3,761 Net income before earnings from equity-accounted investments 6,402 13,615 5,800 7,815 Earnings from equity-accounted investments - 15 - 15 Net income from discontinued operations $ 6,402 $ 13,630 $ 5,800 $ 7,830 Consolidated statement of cash flows Discontinued: Total net cash provided by operating activities (1) $ 3,758 $ 11,976 $ 5,341 $ 6,635 Total net cash provided by (used) in investing activities $ 1,524 $ (6,816) $ (6,300) $ (516) (1) Total net cash (used in) provided by operating activities for the year ended June 30, 2019, includes dividends received of $ 0.9 million (refer to Note 8) from DNI while it was accounted for using the equity method during the three months ended June 30, 2019.