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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities        
Net loss $ (4,047) $ (5,820) $ (12,405) $ (23,165)
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation and amortization 5,791 5,975 17,460 17,892
Movement in allowance for doubtful accounts receivable 843 1,638 3,532 4,167
Fair value adjustment related to financial liabilities (49) (21) (919) 123
Loss on disposal of equity-accounted investments (Note 5) 0 329 0 193
(Earnings) Loss from equity-accounted investments (43) (17) 1,319 2,582
Movement in allowance for doubtful loans to equity-accounted investments 0 0 (250) 0
Profit on disposal of property, plant and equipment (89) (145) (288) (466)
Movement in interest payable 1,054 1,827 1,245 3,289
Facility fee amortized 65 198 381 643
Stock-based compensation charge (Note 12) 2,090 1,644 5,653 5,955
Dividends received from equity-accounted investments 41 0 95 21
Decrease (Increase) in accounts receivable 5,687 (7,620) (9,815) (8,601)
Increase in finance loans receivable (3,720) (2,507) (7,097) (11,318)
Decrease (Increase) in inventory 5,000 (297) 5,506 (1,769)
Increase in accounts payable and other payables 6,463 1,030 20,566 5,421
Increase in taxes payable 904 1,349 558 1,478
Decrease in deferred taxes (810) (2,670) (2,404) (5,792)
Net cash provided by (used in) operating activities 19,180 (5,107) 23,137 (9,347)
Cash flows from investing activities        
Capital expenditures (2,943) (4,717) (7,950) (13,210)
Proceeds from disposal of property, plant and equipment 395 394 1,115 1,156
Acquisition of intangible assets (54) (125) (236) (245)
Proceeds from disposal of equity-accounted investment (Note 5) 0 254 3,508 645
Loan to equity-accounted investment (Note 5) 0 0 0 (112)
Repayment of loans by equity-accounted investments 0 0 250 112
Net change in settlement assets (3,088) 11,043 (14,368) (972)
Net cash (used in) provided by investing activities (5,690) 6,849 (17,681) (12,626)
Cash flows from financing activities        
Proceeds from bank overdraft (Note 8) 24,893 128,196 153,479 441,488
Repayment of bank overdraft (Note 8) (43,380) (135,986) (172,221) (448,288)
Long-term borrowings utilized (Note 8) 3,398 12,868 14,426 23,010
Repayment of long-term borrowings (Note 8) (7,238) (2,024) (13,051) (5,292)
Acquisition of treasury stock (Note 12) (9) (178) (207) (471)
Proceeds from exercise of stock options 48 114 71 447
Guarantee fee 0 0 0 (100)
Net change in settlement obligations 2,469 (10,761) 13,362 807
Net cash (used in) provided by financing activities (19,819) (7,771) (4,141) 11,601
Effect of exchange rate changes on cash and cash equivalents (1,903) (3,475) (341) (7,156)
Net (decrease) increase in cash, cash equivalents and restricted cash (8,232) (9,504) 974 (17,528)
Cash, cash equivalents and restricted cash - beginning of period 67,838 96,776 58,632 104,800
Cash, cash equivalents and restricted cash - end of period (Note 14) $ 59,606 $ 87,272 $ 59,606 $ 87,272