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Goodwill And Intangible Assets, Net (Tables)
12 Months Ended
Jun. 30, 2023
Goodwill And Intangible Assets, Net [Abstract]  
Summary Of Movement In Carrying Value Of Goodwill
Gross value
Accumulated
impairment
Carrying value
Balance as of July 1, 2020
$
63,194
$
(39,025)
$
24,169
Liquidation of subsidiaries
(2)
(26,629)
26,629
-
Foreign currency adjustment
(1)
6,384
(1,400)
4,984
Balance as of June 30, 2021
42,949
(13,796)
29,153
Acquisition of Connect (Note 3)
(3)
153,693
-
153,693
Foreign currency adjustment
(1)
(21,166)
977
(20,189)
Balance as of June 30, 2022
175,476
(12,819)
162,657
Impairment loss
-
(7,039)
(7,039)
Foreign currency adjustment
(1)
(22,857)
982
(21,875)
Balance as of June 30, 2023
$
152,619
$
(18,876)
$
133,743
(1) – The
 
foreign currency
 
adjustment represents
 
the effects
 
of the
 
fluctuations between the
 
South African Rand
 
and the Euro,
against the U.S. dollar on the carrying value.
(2) – The Company deconsolidated
 
the goodwill and accumulated impairment
 
related to entities it
 
substantially liquidated during
the year ended June 30, 2021.
(3) – Represents
 
goodwill arising from
 
the acquisition of
 
Connect and translated
 
at the foreign exchange
 
rate applicable on the
date the transaction became effective. This goodwill has been
 
allocated to the merchant reportable operating segment
Goodwill Allocated To Reportable Segments
Consumer
Merchant
Carrying value
Balance as of July 1, 2020
$
-
$
24,169
$
24,169
Liquidation of subsidiaries
-
-
-
Foreign currency adjustment
(1)
-
4,984
4,984
Balance as of June 30, 2021
-
29,153
29,153
Acquisition of Connect (Note 3)
-
153,693
153,693
Foreign currency adjustment
(1)
-
(20,189)
(20,189)
Balance as of June 30, 2022
-
162,657
162,657
Impairment loss
-
(7,039)
(7,039)
Foreign currency adjustment
(1)
-
(21,875)
(21,875)
Balance as of June 30, 2023
$
-
$
133,743
$
133,743
(1) –
 
The foreign
 
currency adjustment
 
represents the
 
effects of
 
the fluctuations
 
between the
 
South African
 
rand and
 
the Euro,
against the U.S. dollar on the carrying value.
Schedule Of Acquired Intangible Assets
Fair value as of
acquisition date
Weighted-average
amortization
period (in years)
Finite-lived intangible asset:
Acquired during the year ended June 30, 2022:
Connect – integrated platform
$
142,981
10
 
Connect – customer relationships
20,516
8
 
Connect –brands
$
15,987
10
Carrying Value And Accumulated Amortization Of Intangible Assets
As of June 30, 2023
As of June 30, 2022
Gross
carrying
value
Accumulated
amortization
Net
carrying
value
Gross
carrying
value
Accumulated
amortization
Net
carrying
value
Finite-lived intangible assets:
Customer relationships
(1)
$
24,978
$
(11,565)
$
13,413
$
26,937
$
(9,140)
$
17,797
Software, integrated
platform and unpatented
technology
(1)
110,906
(13,711)
97,195
127,785
(3,075)
124,710
FTS patent
 
2,034
(2,034)
-
2,352
(2,352)
-
Brands and trademarks
(1)
13,852
(2,863)
10,989
16,018
(1,823)
14,195
Total finite-lived
intangible assets
 
$
151,770
$
(30,173)
$
121,597
$
173,092
$
(16,390)
$
156,702
(1) 2022 balances include the intangible assets acquired as part of the
 
Connect acquisition in April 2022.
Future Estimated Annual Amortization Expense
Fiscal 2023
$
14,362
Fiscal 2024
14,364
Fiscal 2025
14,364
Fiscal 2026
14,310
Fiscal 2027
14,278
Thereafter
49,919
Total future
 
estimated annual amortization expense
$
121,597