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v3.22.2.2

Operating Segments (Tables) | 12 Months Ended
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Jun. 30, 2022
Operating Segments [Abstract] |
Reconciliation Of Reportable Segments Revenue |
|  |  |  |  |  | Revenue
|  |  |  |  |  | Reportable Segment |  |  | Inter-segment |  |  | From external customers
| Consumer | $ | 65,932 |  | $ | - |  | $ | 65,932
| Merchant |  | 155,366 |  |  | 384 |  |  | 154,982
| Other |  | 1,695 |  |  | - |  |  | 1,695
|  | Total for the year ended June 30, 2022 | $ | 222,993 |  | $ | 384 |  | $ | 222,609
| Consumer | $ | 66,149 |  | $ | - |  | $ | 66,149
| Merchant |  | 61,478 |  |  | 159 |  |  | 61,319
| Other |  | 3,318 |  |  | - |  |  | 3,318
|  | Total for the year ended June 30, 2021 | $ | 130,945 |  | $ | 159 |  | $ | 130,786
| Consumer | $ | 70,998 |  | $ | - |  | $ | 70,998
| Merchant |  | 68,659 |  |  | 399 |  |  | 68,260
| Other |  | 5,041 |  |  | - |  |  | 5,041
|  | Total for the year ended June 30, 2020 | $ | 144,698 |  | $ | 399 |  | $ | 144,299
Reconciliation Of Reportable Segments Measure Of Profit Or Loss To Income |
|  |  |  | 2022 |  | 2021 |  | 2020
| Reportable segments measure of profit or loss | $ | (10,424) |  | $ | (31,949) |  | $ | (20,828)
|  | Operating loss: Corporate/Eliminations |  | (18,241) |  |  | (13,428) |  |  | (8,773)
|  | Lease adjustments |  | (3,955) |  |  | (4,148) |  |  | (3,664)
|  | Depreciation and amortization |  | (7,575) |  |  | (4,347) |  |  | (4,647)
|  | Impairment loss |  | - |  |  | - |  |  | (6,336)
|  | Gain related to fair value adjustment to currency options |  | 3,691 |  |  | - |  |  | -
|  | Gain on disposal of equity securities |  | 720 |  |  | - |  |  | -
|  | Loss on disposal of equity-accounted investment (Note 9) |  | (376) |  |  | (13) |  |  |
|  | Change in fair value of equity securities (Note 3) |  | - |  |  | 49,304 |  |  | -
|  | Loss on disposal of equity-accounted investment - Bank Frick (Note 9) |  | - |  |  | (472) |  |  |
|  | Gain on disposal of FIHRST (Note 3) |  | - |  |  | - |  |  | 9,743
|  | Loss on disposal of DNI interest as an equity method investment (Note 3) |  | - |  |  | - |  |  | (1,010)
|  | Loss on deconsolidation of CPS (Note 3) |  | - |  |  | - |  |  | (7,148)
|  | Termination fee to cancel Bank Frick option |  | - |  |  | - |  |  | (17,517)
|  | Interest income |  | 2,089 |  |  | 2,416 |  |  | 2,805
|  | Interest expense |  | (5,829) |  |  | (2,982) |  |  | (7,641)
|  |  | Loss before income taxes | $ | (39,900) |  | $ | (5,619) |  | $ | (65,016)
Summary Of Segment Information |
|  |  |  |  |  |  |  |  | 2022 |  | 2021 |  | 2020
| Reportable segment revenue |  |  |  |  |  |  |  |
|  | Consumer | $ | 65,932 |  | $ | 66,149 |  | $ | 70,998
|  | Merchant |  | 155,366 |  |  | 61,478 |  |  | 68,659
|  | Other |  | 1,695 |  |  | 3,318 |  |  | 5,041
|  |  | Total reportable segment revenue |  | 222,993 |  |  | 130,945 |  |  | 144,698
| Segment Adjusted EBITDA |  |  |  |  |  |  |  |
|  | Consumer(1) |  | (22,232) |  |  | (26,303) |  |  | (13,989)
|  | Merchant |  | 11,305 |  |  | 4,728 |  |  | 5,176
|  | Other |  | 503 |  |  | (10,374) |  |  | (12,015)
|  |  | Total Segment Adjusted EBITDA |  | (10,424) |  |  | (31,949) |  |  | (20,828)
|  |  | Corporate/Eliminations |  | (18,241) |  |  | (13,428) |  |  | (8,773)
|  |  |  | Subtotal |  | (28,665) |  |  | (45,377) |  |  | (29,601)
|  |  |  |  | Less: Lease adjustments |  | 3,955 |  |  | 4,148 |  |  | 3,664
|  |  |  |  | Less: Depreciation and amortization |  | 7,575 |  |  | 4,347 |  |  | 4,647
|  |  |  |  |  | Total operating loss |  | (40,195) |  |  | (53,872) |  |  | (44,248)
| Depreciation and amortization |  |  |  |  |  |  |  |
|  | Consumer |  | 1,660 |  |  | 3,071 |  |  | 3,220
|  | Merchant |  | 2,128 |  |  | 795 |  |  | 534
|  | Other |  | 58 |  |  | 122 |  |  | 502
|  |  | Subtotal: Operating segments |  | 3,846 |  |  | 3,988 |  |  | 4,256
|  |  | Corporate/Eliminations |  | 3,729 |  |  | 359 |  |  | 391
|  |  |  | Total |  | 7,575 |  |  | 4,347 |  |  | 4,647
| Expenditures for long-lived assets |  |  |  |  |  |  |  |
|  | Consumer |  | 1,712 |  |  | 3,433 |  |  | 2,540
|  | Merchant |  | 2,811 |  |  | 829 |  |  | 1,193
|  | Other |  | 35 |  |  | 23 |  |  | 702
|  |  | Subtotal: Operating segments |  | 4,558 |  |  | 4,285 |  |  | 4,435
|  |  | Corporate/Eliminations |  | - |  |  | - |  |  | -
|  |  |  | Total | $ | 4,558 |  | $ | 4,285 |  | $ | 4,435
(1) Consumer Segment Adjusted EBITDA for the year ended June 30, 2022, includes reorganization costs of $5.9 million (refer also Note 1).
Long-Lived Assets Based On Geographical Location |
|  |  |  |  |  |  |  |  | Long-lived assets
|  |  |  |  |  |  |  |  | 2022 |  | 2021 |  | 2020
|  | South Africa | $ | 359,725 |  | $ | 50,754 |  | $ | 68,521
|  | Liechtenstein - investment in Bank Frick (Note 9) |  | - |  |  | - |  |  | 29,739
|  | India - investment in MobiKwik (Note 9) |  | 76,297 |  |  | 76,297 |  |  | 26,993
|  | Rest of world |  | 2,811 |  |  | 6,962 |  |  | 9,119
|  |  | Total | $ | 438,833 |  | $ | 134,013 |  | $ | 134,372

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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