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Leases
 3 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Leases
17.
Leases
The
Company
has
entered
into leasing
arrangements
classified
as operating
leases under
accounting
guidance.
These leasing
arrangements
relate
to
the
lease
of
its
corporate
head
office
and
sales
and
administration
offices
of
its
Merchant,
Consumer
and
Enterprise businesses. The Company’s operating leases have remaining lease terms of between
one
and
five years
. The Company also
operates parts
of its
consumer business
from locations
which it
leases for
a period
of less
than
one year
. The
Company’s
operating
lease expense during the three months ended September 30, 2025 and 2024
was $
1.4
million and $
1.0
million, respectively.
The
Company
has
also
entered
into
short-term
leasing
arrangements,
primarily
for
the
lease
of
branch
locations
and
other
locations,
to operate its consumer
business in South Africa.
The Company’s
short-term lease expense during
the three months ended
September 30, 2025 and 2024, was $
0.4
million and $
1.0
million, respectively.
The following table presents supplemental balance
sheet disclosure related to the
Company’s right-of-use assets and its operating
lease liabilities as of September 30, 2025 and June 30, 2025:
September 30,
June 30,
2025
2025
Right of use assets obtained in exchange for lease obligations:
Weighted average
remaining lease term (years)
2.9
2.8
Weighted average
discount rate (percent)
9.8
9.8
The maturities of the Company’s
operating lease liabilities as of September 30, 2025, are presented below:
Maturities of operating lease liabilities
Year
ended June 30,
2026 (excluding three months to September 30, 2025)
$
4,421
2027
3,813
2028
2,387
2029
1,164
2030
462
Thereafter
-
Total undiscounted
operating lease liabilities
12,247
Less imputed interest
1,948
Total operating lease liabilities,
included in
10,299
Operating lease liability - current
4,258
Operating lease liability - long-term
$
6,041