Accounts Receivable, Net And Other Receivables And Finance Loans Receivable, Net	3 Months Ended
	Sep. 30, 2025
Accounts Receivable, Net And Other Receivables And Finance Loans Receivable, Net [Abstract]
Accounts Receivable, Net And Other Receivables And Finance Loans Receivable, Net	3. Accounts receivable, net and other receivables and finance loans receivable, net Accounts receivable, net and other receivables The Company’s accounts receivable, net, and other receivables as of September 30, 2025, and June 30, 2025, are presented in the table below: September 30, June 30, 2025 2025 Accounts receivable, trade, net $ 22,145 $ 16,433 Accounts receivable, trade, gross 23,961 18,186 Less: Allowance for doubtful accounts receivable, end of period 1,816 1,753 Beginning of period 1,753 1,241 Reversed to statement of operations (150) (521) Charged to statement of operations 229 1,856 Write-offs (67) (847) Foreign currency adjustment 51 24 Current portion of amount outstanding related to sale of interest in Carbon, net of allowance: September 2025: $ 750 ; June 2025: $ 750 - - Current portion of total held to maturity investments - - Other receivables 22,645 26,092 Total accounts receivable, net and other receivables $ 44,790 $ 42,525 Trade receivables include amounts due from customers which generally have a very short-term life from date of invoice or service provided to settlement. The duration is less than a year in all cases and generally less than 30 days in many instances. The short-term nature of these exposures often results in balances at month-end that are disproportionately small compared to the total invoiced amounts. The month-end outstanding balance are more volatile than the monthly invoice amounts because they are affected by operational timing issues and the fact that a balance is outstanding at month-end is not necessarily an indication of increased risk but rather a matter of operational timing. Credit risk in respect of trade receivables are generally not significant and the Company has not developed a sophisticated model for these basic credit exposures. The Company determined to use a lifetime loss rate by expressing write-off experience as a percentage of corresponding invoice amounts (as opposed to outstanding balances). The allowance for credit losses related to these receivables has been calculated by multiplying the lifetime loss rate with recent invoice/origination amounts. Management actively monitors performance of these receivables over short periods of time. Different balances have different rules to identify an account in distress. Once balances in distress are identified, specific allowances are immediately created. Subsequent recovery from distressed accounts is not significant. O ther receivables include prepayments, deposits, income taxes receivable and other receivables. 3. Accounts receivable, net and other receivables and finance loans receivable, net (continued) Finance loans receivable, net The Company’s finance loans receivable, net, as of September 30, 2025, and June 30, 2025, is presented in the table below: September 30, June 30, 2025 2025 Microlending finance loans receivable, net $ 60,329 $ 52,492 Microlending finance loans receivable, gross 64,600 56,140 Less: Allowance for doubtful finance loans receivable, end of period 4,271 3,648 Beginning of period 3,648 1,947 Reversed to statement of operations - (161) Charged to statement of operations 2,223 4,301 Write-offs (1,714) (2,499) Foreign currency adjustment 114 60 Merchant finance loans receivable, net 20,531 21,618 Merchant finance loans receivable, gross 22,374 23,214 Less: Allowance for doubtful finance loans receivable, end of period 1,843 1,596 Beginning of period 1,596 2,697 Reversed to statement of operations (19) (22) Charged to statement of operations 323 2,576 Write-offs (107) (3,709) Foreign currency adjustment 50 54 Total finance loans receivable, net $ 80,860 $ 74,110 Total finance loans receivable, net, comprises microlending finance loans receivable related to the Company’s microlending operations in South Africa as well as its merchant finance loans receivable related to Connect’s lending activities in South Africa. Certain merchant finance loans receivable with an aggregate balance of $ 19.7 million as of September 30, 2025 have been pledged as security for the Company’s revolving credit facility (refer to Note 9). Allowance for credit losses Microlending finance loans receivable Microlending finance loans receivable is related to the Company’s microlending operations in South Africa whereby it provides unsecured short-term loans to qualifying customers. Loans to customers have a tenor of up to nine months, with the majority of loans originated having a tenor of six months. The Company analyses this lending book as a single portfolio because the loans within the portfolio have similar characteristics and management uses similar processes to monitor and assess the credit risk of the lending book. Refer to Note 5 related to the Company risk management process related to these receivables. The Company has operated this lending book for more than five years and uses historical default experience over the lifetime of loans in order to calculate a lifetime loss rate for the lending book. The allowance for credit losses related to these microlending finance loans receivables is calculated by multiplying the lifetime loss rate with the month end outstanding lending book. The lifetime loss rate as of each of June 30, 2025 and September 30, 2025, was 6.50 %. The performing component (that is, outstanding loan payments not in arrears) of the book exceeds more than 98 %, of the outstanding lending book as of each of June 30, 2025 and September 30, 2025. Merchant finance loans receivable Merchant finance loans receivable is related to the Company’s Merchant lending activities in South Africa whereby it provides unsecured short-term loans to qualifying customers. Loans to customers have a tenor of up to twelve months, with the majority of loans originated having a tenor of approximately eight months. The Company analyses this lending book as a single portfolio because the loans within the portfolio have similar characteristics and management uses similar processes to monitor and assess the credit risk o f the lending book. Refer to Note 5 related to the Company risk management process related to these receivables. The Company uses historical default experience over the lifetime of loans generated thus far in order to calculate a lifetime loss rate for the lending book. The allowance for credit losses related to these merchant finance loans receivables is calculated by adding together actual receivables in default plus multiplying the lifetime loss rate with the month-end outstanding lending book. The lifetime loss rate as of each of June 30, 2025 and September 30, 2025, was approximately 1.14 %. The performing component (that is, outstanding loan payments not in arrears), under-performing component (that is, outstanding loan payments that are in arrears) and non-performing component (that is, outstanding loans for which payments appeared to have ceased) of the book represents approximately 95%, 4% and 1%, respectively, of the outstanding lending book as of June 30, 2025. The performing component, under- performing component and non-performing component of the book represents approximately 93 %, 6 % and 1 %, respectively, of the outstanding lending book as of September 30, 2025.