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Capital Structure | 6 Months Ended
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Dec. 31, 2024
Capital Structure [Abstract] |
Capital Structure | 11. Capital structure October 2024 repurchase of common stock On October 1, 2024, the Company, through Lesaka SA, and Crossfin Holdings entered into a share purchase agreement under which Lesaka SA purchased 2,601,410 of the 3,587,332 Consideration Shares for ZAR 207.2 million ($ 12.0 million). The transaction was settled in early October 2024, and the shares of Company’s common stock repurchased have been included in the Company’s treasury shares included in its unaudited condensed consolidated statement of changes in equity for the three and six months ended December 31, 2024. The repurchase was made outside of the Company’s $ 100 million share repurchase authorization. Redeemable common stock issued pursuant to transaction with the IFC Investors Put Option Refer to Note 14 to the Company’s audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2024, for additional information regarding its redeemable common stock issued pursuant to transaction with the IFC Investors. Certain IFC Investors were investors in Adumo and the Company issued an aggregate of 1,989,162 additional shares of its common stock at a price of $ 4.79 to these IFC Investors pursuant to the Purchase Agreement. The Company and the IFC Investors amended and restated the Policy Agreement (“Amended and Restated Policy Agreement”) to include these additional shares issued to the IFC Investors to also be covered by the put right included in the Amended and Restated Policy Agreement. The Company accounted for these 1,989,162 shares as redeemable common stock as a result of the put option. The Company believes that the put option has no value and, accordingly, has not recognized the put option in its consolidated financial statements. 11. Capital structure (continued) Impact of non-vested equity shares on number of shares, net of treasury The following table presents a reconciliation between the number of shares, net of treasury, presented in the unaudited condensed consolidated statement of changes in equity during the six months ended December 31, 2024 and 2023, respectively, and the number of shares, net of treasury, excluding non-vested equity shares that have not vested as of December 31, 2024 and 2023, respectively: December 31, December 31, 2024 2023 Number of shares, net of treasury: Statement of changes in equity 80,203,148 64,443,523 Less: Non-vested equity shares that have not vested as of end of period 2,902,303 3,205,580 Number of shares, net of treasury, excluding non-vested equity shares that have not vested 77,300,845 61,237,943

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