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Operating Segments (Tables)
6 Months Ended
Dec. 31, 2024
Operating Segments [Abstract]  
Reconciliation Of Reportable Segments Revenue
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
Reportable
Segment
Inter-
segment
From
external
customers
(As
restated)
(A)
(As
restated)
(A)
Merchant (as restated)
(A)
$
145,209
$
594
$
144,615
Consumer
22,929
-
22,929
Enterprise
8,933
261
8,672
Total for the three
 
months ended December 31, 2024 (as restated)
(A)
$
177,071
$
855
$
176,216
Merchant
$
117,182
$
914
$
116,268
Consumer
16,707
-
16,707
Enterprise
11,921
1,003
10,918
Total for the three
 
months ended December 31, 2023
$
145,810
1,917
143,893
(A) Revenue has
 
been restated for
 
the three months
 
ended December 31,
 
2024 to correct
 
the misstatement of
 
$
29.4
 
million as
discussed in Note 1.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue
Reportable
Segment
Inter-
segment
From
external
customers
(As
restated)
(A)
(As
restated)
(A)
Merchant (as restated)
(A)
$
268,861
$
1,182
$
267,679
Consumer
44,001
-
44,001
Enterprise
20,815
2,711
18,104
Total for the six months ended
 
December 31, 2024 (as restated)
(A)
$
333,677
$
3,893
$
329,784
Merchant
$
229,243
$
1,612
$
227,631
Consumer
32,287
-
32,287
Enterprise
21,388
1,324
20,064
Total for the six months ended
 
December 31, 2023
$
282,918
$
2,936
$
279,982
(
A)
 
Revenue
 
has
 
been
 
restated
 
for
 
the
 
six
 
months
 
ended
 
December
 
31,
 
2024
 
to
 
correct
 
the misstatement
 
of
 
$
37.4
 
million
 
as
discussed in Note 1.
Reconciliation Of Reportable Segments Measure Of Profit Or Loss To Income
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended
Six months ended
December 31,
December 31,
2024
2023
2024
2023
Reportable segments' measure of profit or loss
 
$
14,630
$
10,963
$
26,942
$
20,808
Operating loss: Group costs
(2,820)
(2,011)
(5,769)
(3,833)
Once-off costs
(488)
816
(2,293)
738
Interest adjustment
757
-
1,588
-
Unrealized Loss FV for currency adjustments
(435)
122
(216)
20
Stock-based compensation charge adjustments
(2,644)
(1,804)
(5,021)
(3,563)
Depreciation and amortization
(8,223)
(5,813)
(14,499)
(11,669)
Loss on disposal of equity-accounted investments
(161)
-
(161)
-
Change in fair value of equity securities
(33,731)
-
(33,731)
-
Reversal of allowance of EMI doubtful debt
-
-
-
250
Interest income
 
721
485
1,307
934
Interest expense
 
(6,174)
(4,822)
(11,206)
(9,731)
Loss before income tax expense
$
(38,568)
$
(2,064)
$
(43,059)
$
(6,046)
Summary Of Segment Information
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended
Six months ended
December 31,
December 31,
2024
2023
2024
2023
(As
restated)
(A)
(As
restated)
(A)
Revenues
Merchant (as restated)
(A)
$
145,209
$
117,182
$
268,861
$
229,243
Enterprise
8,933
11,921
20,815
21,388
Consumer
22,929
16,707
44,001
32,287
Total reportable segment
 
revenue (as restated)
(A)
177,071
145,810
333,677
282,918
Segment Adjusted EBITDA
Merchant
(1)(2)
10,319
7,497
17,873
14,407
Enterprise
(2)
(31)
891
331
1,706
Consumer
(1)(2)
4,342
2,575
8,738
4,695
Total Segment Adjusted
 
EBITDA
14,630
10,963
26,942
20,808
Depreciation and amortization
Merchant
3,027
1,944
5,254
3,904
Enterprise
94
97
194
215
Consumer
235
179
437
348
Subtotal: Operating segments
 
3,356
2,220
5,885
4,467
Group costs
4,867
3,593
8,614
7,202
Total
 
8,223
5,813
14,499
11,669
Expenditures for long-lived assets
Merchant
5,783
2,052
9,669
4,736
Enterprise
24
26
46
105
Consumer
511
120
568
166
Subtotal: Operating segments
 
6,318
2,198
10,283
5,007
Group costs
-
-
-
-
Total
 
$
6,318
$
2,198
$
10,283
$
5,007
(A) Revenue during the three and six months ended December 31, 2024, have been restated by $
29.4
 
million and $
37.4
 
million,
respectively, to correct
 
the misstatements discussed in Note 1.
(1) Segment Adjusted
 
EBITDA for the
 
three months ended December
 
31, 2024, includes
 
retrenchments costs for
 
Consumer of
$
0.01
 
million (ZAR
0.1
 
million). Segment
 
Adjusted EBITDA
 
for Merchant
 
includes retrenchment
 
costs of
 
$
0.01
 
million (ZAR
0.1
million) and Consumer includes retrenchment costs of $
0.1
 
million (ZAR
1.3
 
million) for the three months ended December 31,
 
2023.
 
(2) Segment
 
Adjusted EBITDA
 
for the
 
six months
 
ended December
 
31, 2024,
 
includes retrenchments
 
costs for
 
Consumer of
$
0.1
 
million (ZAR
1.2
 
million) and Enterprise of $
0.0
 
million (ZAR
0.2
 
million). Segment Adjusted EBITDA
 
for Merchant includes
retrenchment costs
 
of $
0.2
 
million (ZAR
4.7
 
million) and
 
Consumer includes
 
retrenchment costs
 
of $
0.2
 
million (ZAR
2.8
 
million)
for the six months ended December 31, 2023.