XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.4
Condensed Consolidated Statements Of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2020
Dec. 31, 2019
[1]
Dec. 31, 2020
Dec. 31, 2019
[1]
Condensed Consolidated Statements Of Operations [Abstract]        
REVENUE (Note 16) $ 32,305 $ 38,918 $ 67,441 $ 85,134
EXPENSE        
Cost of goods sold, IT processing, servicing and support 24,339 26,746 50,799 57,452
Selling, general and administration 22,097 21,418 40,625 42,040
Depreciation and amortization 1,074 1,174 1,997 2,498
OPERATING LOSS (15,205) (10,420) (25,980) (16,856)
CHANGE IN FAIR VALUE OF EQUITY SECURITIES (Note 5 and 6) 15,128 0 15,128 0
GAIN ON DISPOSAL OF FIHRST (Note 2) 0 9,743 0 9,743
LOSS ON DISPOSAL OF EQUITY-ACCOUNTED INVESTMENT (Note 6) 13 0 13 0
INTEREST INCOME 717 1,082 1,328 1,445
INTEREST EXPENSE 677 3,129 1,424 4,476
INCOME (LOSS) BEFORE INCOME TAX EXPENSE (50) (2,724) (10,961) (10,144)
INCOME TAX EXPENSE (Note 19) 3,468 707 2,378 1,677
NET LOSS BEFORE (LOSS) INCOME FROM EQUITY-ACCOUNTED INVESTMENTS (3,518) (3,431) (13,339) (11,821)
(LOSS) INCOME FROM EQUITY-ACCOUNTED INVESTMENTS (Note 6) (1,016) 506 (20,153) 1,569
NET LOSS FROM CONTINUING OPERATIONS (4,534) (2,925) (33,492) (10,252)
NET INCOME FROM DISCONTINUED OPERATIONS (Note 21) 0 2,720 0 5,655
NET LOSS (4,534) (205) (33,492) (4,597)
NET (LOSS) INCOME ATTRIBUTABLE TO NET1 (4,534) (205) (33,492) (4,597)
Continuing (4,534) (2,925) (33,492) (10,252)
Discontinued $ 0 $ 2,720 $ 0 $ 5,655
Net (loss) earnings per share, in United States dollars (Note 14):        
Basic (loss) earnings attributable to Net1 shareholders $ (0.08) $ 0 $ (0.59) $ (0.08)
Continuing (0.08) (0.05) (0.59) (0.18)
Discontinued 0 0.05 0 0.10
Diluted (loss) earnings attributable to Net1 shareholders (0.08) 0 (0.59) (0.08)
Continuing (0.08) (0.05) (0.59) (0.18)
Discontinued $ 0 $ 0.05 $ 0 $ 0.10
[1]
Certain amounts have been restated to correct the misstatement discussed in Note 1.