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Goodwill And Intangible Assets, Net
 3 Months Ended
Sep. 30, 2024
Goodwill And Intangible Assets, Net [Abstract]  
Goodwill And Intangible Assets, Net
6.
 
Goodwill and intangible assets, net
Goodwill
Summarized below is the movement in the carrying value of goodwill
 
for the three months ended September 30, 2024:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gross value
Accumulated
impairment
Carrying
value
Balance as of June 30, 2024
$
157,899
$
(19,348)
$
138,551
Foreign currency adjustment
(1)
 
8,816
(790)
8,026
Balance as of September 30, 2024
$
166,715
$
(20,138)
$
146,577
 
 
 
 
 
 
 
 
 
(1) – The foreign currency adjustment represents the effects
 
of the fluctuations of the South African rand against the U.S.
dollar on the carrying value.
6.
 
Goodwill and intangible assets, net (continued)
Goodwill (continued)
Goodwill has been allocated to the Company’s
 
reportable segments as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Consumer
Merchant
Carrying value
Balance as of June 30, 2024
$
-
$
138,551
$
138,551
Foreign currency adjustment
(1)
 
-
8,026
8,026
Balance as of September 30, 2024
$
-
$
146,577
$
146,577
 
 
 
 
 
 
 
 
 
(1) The foreign
 
currency adjustment represents
 
the effects
 
of the fluctuations
 
of the South
 
African rand
 
against the U.S.
 
dollar
on the carrying value.
Intangible assets, net
Carrying value and amortization of intangible assets
Summarized below is
 
the carrying value and
 
accumulated amortization of
 
intangible assets as of
 
September 30, 2024, and
 
June
30, 2024:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
As of September 30, 2024
As of June 30, 2024
Gross
carrying
value
Accumulated
amortization
Net
carrying
value
Gross
carrying
value
Accumulated
amortization
Net
carrying
value
Finite-lived intangible assets:
Customer relationships
$
27,388
$
(15,390)
$
11,998
$
25,880
$
(14,030)
$
11,850
Software, integrated
platform and unpatented
technology
122,099
(30,331)
91,768
115,213
(25,763)
89,450
FTS patent
 
2,230
(2,230)
-
2,107
(2,107)
-
Brands and trademarks
15,188
(4,902)
10,286
14,353
(4,300)
10,053
Total finite-lived
 
intangible
assets
 
$
166,905
$
(52,853)
$
114,052
$
157,553
$
(46,200)
$
111,353
Aggregate amortization
 
expense on the
 
finite-lived intangible assets
 
for the three
 
months ended September
 
30, 2024 and
 
2023,
was
 
$
3.8
 
million
 
and
 
$
3.6
 
million,
 
respectively.
 
Future
 
estimated
 
annual
 
amortization
 
expense
 
for
 
the
 
next
 
five
 
fiscal
 
years
 
and
thereafter, assuming exchange rates that
 
prevailed on September 30,
 
2024,
 
is presented in
 
the table below. Actual amortization expense
in future periods could differ from
 
this estimate as a
 
result of acquisitions, changes in useful
 
lives, exchange rate fluctuations and other
relevant factors.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Fiscal 2025 (excluding three months ended September 30, 2024)
$
11,888
Fiscal 2026
15,850
Fiscal 2027
15,790
Fiscal 2028
15,790
Fiscal 2029
15,602
Thereafter
39,132
Total future
 
estimated annual amortization expense
$
114,052