XML 82 R55.htm IDEA: XBRL DOCUMENT v3.25.2

Operating Segments (Tables)	12 Months Ended
	Jun. 30, 2025
Operating Segments [Abstract]
Summary Of Segment Information	Year ended June 30, 2025 Merchant Consumer Enterprise Unallocated Total Revenue from external customers $ 524,250 $ 96,008 $ 39,443 $ - $ 659,701 Intersegment revenues 2,348 - 3,113 - 5,461 Segment revenue 526,598 96,008 42,556 - 665,162 Less segment-related expenses: Cost of goods sold, IT processing, servicing and support 425,787 35,603 32,549 - 493,939 Selling, general and administration (1)(2) 64,616 36,456 8,720 - 109,792 Segment adjusted EBITDA $ 36,195 $ 23,949 $ 1,287 $ - $ 61,431 Merchant Consumer Enterprise Group costs Total Depreciation and amortization $ 10,997 $ 968 $ 371 $ 21,385 $ 33,721 Expenditures for long-lived assets $ 18,117 $ 1,500 $ 1,482 $ - $ 21,099 Year ended June 30, 2024 Merchant Consumer Enterprise Unallocated Total Revenue from external customers $ 456,069 $ 69,211 $ 38,942 $ - $ 564,222 Intersegment revenues 3,721 - 7,955 - 11,676 Segment revenue 459,790 69,211 46,897 - 575,898 Less segment-related expenses: Cost of goods sold, IT processing, servicing and support 393,618 23,165 37,424 - 454,207 Selling, general and administration (1)(3) 37,002 33,367 6,542 - 76,911 Segment adjusted EBITDA $ 29,170 $ 12,679 $ 2,931 $ - $ 44,780 Merchant Consumer Enterprise Group costs Total Depreciation and amortization $ 8,141 $ 734 $ 402 $ 14,388 $ 23,665 Expenditures for long-lived assets $ 11,202 $ 1,317 $ 146 $ - $ 12,665 Year ended June 30, 2023 Merchant Consumer Enterprise Unallocated Total Revenue from external customers $ 416,562 $ 62,801 $ 47,139 $ 1,469 $ 527,971 Intersegment revenues - - 3,317 - 3,317 Revenue not allocated to segment - - - (1,469) (1,469) Segment revenue 416,562 62,801 50,456 - 529,819 Less segment-related expenses: Cost of goods sold, IT processing, servicing and support 351,754 29,465 39,176 - 420,395 Selling, general and administration (1) 35,800 31,661 8,024 - 75,485 Segment adjusted EBITDA $ 29,008 $ 1,675 $ 3,256 $ - $ 33,939 Merchant Consumer Enterprise Group costs Total Depreciation and amortization $ 6,749 $ 1,114 $ 673 $ 15,149 $ 23,685 Expenditures for long-lived assets $ 12,812 $ 3,170 $ 174 $ - $ 16,156 (1) Selling, general and administration includes human capital-related expenses (including base salary and bonus), IT-related expenses (including software licenses, hardware maintenance, hosting, and communication expenses), professional fees (including audit, legal, consulting and other fees), lease and utilities expenses, the allowance for credit losses and other operating and support expenses. (2) Segment Adjusted EBITDA for the year ended June 30, 2025, includes retrenchment and reorganization costs for Merchant of $ 0.8  million (ZAR 15.7  million), Consumer of $ 0.1  million (ZAR 1.5  million) and Enterprise of $ 0.8  million (ZAR 13.6  million); and (3) Segment Adjusted EBITDA for the year ended June 30, 2024, includes retrenchment costs for Merchant of $ 0.3  million (ZAR 4.9  million) and Consumer of $ 0.2  million ( 3.5  million).
Reconciliation Of Reportable Segments Measure Of Profit Or Loss To Income	2025 2024 2023 Reportable segments measure of profit or loss  $ 61,431 $ 44,780 $ 33,939 Operating loss: Group costs (10,743) (7,844) (9,109) Once-off costs (17,826) (1,853) (1,922) Interest adjustment 2,195 - - Unrealized (Loss) Gain for currency adjustments (23) 83 (222) Stock-based compensation charge adjustments (9,550) (7,911) (7,309) Depreciation and amortization (33,721) (23,665) (23,685) Loss on disposal of equity-accounted investment (Note 9) (161) - (205) Impairment loss (18,863) - (7,039) Reversal of allowance for doubtful EMI debt receivable (Note 9) - 250 - Change in fair value of equity securities (Note 3) (59,828) - - Interest income  2,596 2,294 1,853 Interest expense  (21,453) (18,932) (18,567) Loss before income taxes  $ (105,946) $ (12,798) $ (32,266)
Long-Lived Assets Based On Geographical Location	Long-lived assets 2025 2024 2023 South Africa $ 392,098 $ 286,700 $ 300,104 India - Investment in MobiKwik (Note 9) - 76,297 76,297 Rest of world 3,055 2,548 2,197 Total $ 395,153 $ 365,545 $ 378,598

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

+ Details

Name:	us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration