Lesaka (LSAK) 10-Q 9 Feb 22 2022 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Dec. 31, 2021	Feb. 07, 2022
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Dec. 31, 2021
Document Transition Report	false
Entity File Number	000-31203
Entity Registrant Name	NET 1 UEPS TECHNOLOGIES, INC.
Entity Incorporation State Country Code	FL
Entity Tax Identification Number	98-0171860
Entity Address Line One	President Place, 4
Entity Address Line Two	Cnr. Jan Smuts Avenue and Bolton Road
Entity Address, City or Town	Rosebank, Johannesburg
Entity Address, Postal Zip Code	2196
Entity Address Country	ZA
Country Region	27
City Area Code	11
Local Phone Number	343-2000
Title of 12(b) Security	Common stock, par value $0.001 per share
Trading Symbol	UEPS
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		57,687,092
Current Fiscal Year End Date	--06-30
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Entity Central Index Key	0001041514
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2021	Jun. 30, 2021
CURRENT ASSETS
Cash and cash equivalents	$ 182,356	$ 198,572
Restricted cash related to ATM funding and credit facilities (Note 8)	57,788	25,193
Accounts receivable, net and other receivables (Note 2)	20,701	26,583
Finance loans receivable, net (Note 2)	21,571	21,142
Inventory (Note 3)	20,005	22,361
Total current assets before settlement assets	302,421	293,851
Settlement assets	369	466
Total current assets	302,790	294,317
PROPERTY, PLANT AND EQUIPMENT, net of accumulated depreciation of - December: $34,643 June: $38,535	5,389	7,492
OPERATING LEASE RIGHT-OF-USE (Note 16)	3,611	4,519
EQUITY-ACCOUNTED INVESTMENTS (Note 5)	7,217	10,004
GOODWILL (Note 6)	26,239	29,153
INTANGIBLE ASSETS, NET (Note 6)	288	357
DEFERRED INCOME TAXES	868	622
OTHER LONG-TERM ASSETS, including reinsurance assets (Note 5 and 7)	77,821	81,866
TOTAL ASSETS	424,223	428,330
CURRENT LIABILITIES
Short-term credit facilities for ATM funding (Note 8)	47,960	14,245
Accounts payable	3,539	7,113
Other payables (Note 9)	30,248	27,588
Operating lease liability - current (Note 16)	2,516	2,822
Income taxes payable	271	256
Total current liabilities before settlement obligations	84,534	52,024
Settlement obligations	369	466
Total current liabilities	84,903	52,490
DEFERRED INCOME TAXES	10,402	10,415
OPERATING LEASE LIABILITY - LONG TERM (Note 16)	1,281	1,890
OTHER LONG-TERM LIABILITIES, including insurance policy liabilities (Note 7)	2,391	2,576
TOTAL LIABILITIES	98,977	67,371
REDEEMABLE COMMON STOCK	84,979	84,979
EQUITY
COMMON STOCK (Note 10 ) Authorized: 200,000,000 with $0.001 par value; Issued and outstanding shares, net of treasury - December: 57,657,172 June: 56,716,620	80	80
PREFERRED STOCK Authorized shares: 50,000,000 with $0.001 par value; Issued and outstanding shares, net of treasury: December: - June: -
ADDITIONAL PAID-IN-CAPITAL	303,804	301,959
TREASURY SHARES, AT COST: December: 24,891,292 June: 24,891,292	(286,951)	(286,951)
ACCUMULATED OTHER COMPREHENSIVE LOSS (Note 11)	(157,879)	(145,721)
RETAINED EARNINGS	381,213	406,613
TOTAL NET1 EQUITY	240,267	275,980
NON-CONTROLLING INTEREST	0	0
TOTAL EQUITY	240,267	275,980
TOTAL LIABILITIES, REDEEMABLE COMMON STOCK AND SHAREHOLDERS' EQUITY	$ 424,223	$ 428,330

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2021	Jun. 30, 2021
Condensed Consolidated Balance Sheets [Abstract]
Property, plant and equipment, accumulated depreciation	$ 34,643	$ 38,535
Common stock, shares authorized	200,000,000	200,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	57,657,172	56,716,620
Common stock, shares outstanding	57,657,172	56,716,620
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Treasury shares, shares outstanding	24,891,292	24,891,292

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Condensed Consolidated Statements Of Operations [Abstract]
REVENUE (Note 15)	$ 31,114	$ 32,305	$ 65,618	$ 67,441
EXPENSE
Cost of goods sold, IT processing, servicing and support	20,580	24,339	44,787	50,799
Selling, general and administration	17,746	22,097	38,188	40,625
Depreciation and amortization	726	1,074	1,621	1,997
Transaction costs related to Connect Group acquisition	1,489	0	1,674	0
OPERATING LOSS	(9,427)	(15,205)	(20,652)	(25,980)
CHANGE IN FAIR VALUE OF EQUITY SECURITIES (Note 4 and 5)	0	15,128	0	15,128
UNREALIZED LOSS RELATED TO FAIR VALUE ADJUSTMENT TO CURRENCY OPTIONS (Note 4)	2,429	0	2,429	0
LOSS ON DISPOSAL OF EQUITY-ACCOUNTED INVESTMENT (Note 5)	0	13	0	13
INTEREST INCOME	313	717	702	1,328
INTEREST EXPENSE	765	677	1,581	1,424
LOSS BEFORE INCOME TAX EXPENSE	(12,308)	(50)	(23,960)	(10,961)
INCOME TAX EXPENSE (Note 18)	98	3,468	284	2,378
NET LOSS BEFORE LOSS FROM EQUITY-ACCOUNTED INVESTMENTS	(12,406)	(3,518)	(24,244)	(13,339)
LOSS FROM EQUITY-ACCOUNTED INVESTMENTS (Note 5)	0	(1,016)	(1,156)	(20,153)
NET LOSS ATTRIBUTABLE TO NET1	$ (12,406)	$ (4,534)	$ (25,400)	$ (33,492)
Net loss per share, in United States dollars (Note 13):
Basic loss attributable to Net1 shareholders	$ (0.22)	$ (0.08)	$ (0.44)	$ (0.59)
Diluted loss attributable to Net1 shareholders	$ (0.22)	$ (0.08)	$ (0.44)	$ (0.59)

Condensed Consolidated Statem_2

Condensed Consolidated Statements Of Comprehensive (Loss) Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Net loss	$ (12,406)	$ (4,534)	$ (25,400)	$ (33,492)
Other comprehensive (loss) income, net of taxes
Movement in foreign currency translation reserve	(5,601)	20,003	(11,514)	26,145
Movement in foreign currency translation reserve related to equity-accounted investments	0	0	(644)	1,688
Total other comprehensive (loss) income, net of taxes	(5,601)	20,003	(12,158)	27,833
Comprehensive (loss) income	(18,007)	15,469	(37,558)	(5,659)
Comprehensive (loss) income attributable to Net1	$ (18,007)	$ 15,469	$ (37,558)	$ (5,659)

Condensed Consolidated Statem_3

Condensed Consolidated Statements Of Changes In Equity - USD ($) $ in Thousands	Total	Common And Treasury Stock [Member]	Treasury Stock [Member]	Number Of Shares, Net Of Treasury [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]	Parent [Member]	Noncontrolling Interest [Member]
Balance, Number of Shares at Jun. 30, 2020		82,010,217	(24,891,292)	57,118,925
Balance at Jun. 30, 2020	$ 290,213	$ 80	$ (286,951)		$ 301,489	$ 444,670	$ (169,075)	$ 290,213	$ 0
Redeemable Common Stock, Balance at Jun. 30, 2020	$ 84,979
Exercise of stock option (Note 12), shares	5,834
Stock-based compensation charge (Note 12)	$ 928				928			928
Reversal of stock-based compensation charge (Note 12)	(297)				(297)			(297)
Reversal of stock-based compensation charge (Note 12), shares		(510,200)		(510,200)
Stock-based compensation charge related to equity-accounted investment (Note 5)	(40)				(40)			(40)
Proceeds from disgorgement of shareholders' short-swing profits (Note 21)	98				98			98
Net loss	(33,492)					(33,492)		(33,492)	0
Other comprehensive (loss) income (Note 11)	$ 27,833						27,833	27,833	0
Balance, Number of Shares at Dec. 31, 2020	56,614,559	81,500,017	(24,891,292)	56,608,725
Balance at Dec. 31, 2020	$ 285,243	$ 80	$ (286,951)		302,178	411,178	(141,242)	285,243	0
Redeemable Common Stock, Balance at Dec. 31, 2020	84,979
Balance, Number of Shares at Sep. 30, 2020		81,530,017	(24,891,292)	56,638,725
Balance at Sep. 30, 2020	269,542	$ 80	$ (286,951)		301,946	415,712	(161,245)	269,542	0
Redeemable Common Stock, Balance at Sep. 30, 2020	84,979
Stock-based compensation charge (Note 12)	246				246			246
Reversal of stock-based compensation charge (Note 12)	(14)				(14)			(14)
Reversal of stock-based compensation charge (Note 12), shares		(30,000)		(30,000)
Net loss	(4,534)					(4,534)		(4,534)	0
Other comprehensive (loss) income (Note 11)	$ 20,003						20,003	20,003	0
Balance, Number of Shares at Dec. 31, 2020	56,614,559	81,500,017	(24,891,292)	56,608,725
Balance at Dec. 31, 2020	$ 285,243	$ 80	$ (286,951)		302,178	411,178	(141,242)	285,243	0
Redeemable Common Stock, Balance at Dec. 31, 2020	84,979
Balance, Number of Shares at Jun. 30, 2021		81,607,912	(24,891,292)	56,716,620
Balance at Jun. 30, 2021	275,980	$ 80	$ (286,951)		301,959	406,613	(145,721)	275,980	0
Redeemable Common Stock, Balance at Jun. 30, 2021	84,979
Exercise of stock option (Note 12)	$ 739	$ 0			739			739
Exercise of stock option (Note 12), shares	242,853	242,853		242,853
Restricted stock granted (Note 12), shares		727,699		727,699
Stock-based compensation charge (Note 12)	$ 1,132				1,132			1,132
Reversal of stock-based compensation charge (Note 12)	(35)				(35)			(35)
Reversal of stock-based compensation charge (Note 12), shares		(30,000)		(30,000)
Stock-based compensation charge related to equity-accounted investment (Note 5)	9				9			9
Net loss	(25,400)					(25,400)		(25,400)	0
Other comprehensive (loss) income (Note 11)	$ (12,158)						(12,158)	(12,158)	0
Balance, Number of Shares at Dec. 31, 2021	57,657,172	82,548,464	(24,891,292)	57,657,172
Balance at Dec. 31, 2021	$ 240,267	$ 80	$ (286,951)		303,804	381,213	(157,879)	240,267	0
Redeemable Common Stock, Balance at Dec. 31, 2021	84,979
Balance, Number of Shares at Sep. 30, 2021		81,887,506	(24,891,292)	56,996,214
Balance at Sep. 30, 2021	256,747	$ 80	$ (286,951)		302,277	393,619	(152,278)	256,747	0
Redeemable Common Stock, Balance at Sep. 30, 2021	84,979
Exercise of stock option (Note 12)	739				739			739
Exercise of stock option (Note 12), shares		242,853		242,853
Restricted stock granted (Note 12), shares		448,105		448,105
Stock-based compensation charge (Note 12)	788				788			788
Reversal of stock-based compensation charge (Note 12)	0				0			0
Reversal of stock-based compensation charge (Note 12), shares		(30,000)		(30,000)
Net loss	(12,406)					(12,406)		(12,406)	0
Other comprehensive (loss) income (Note 11)	$ (5,601)						(5,601)	(5,601)	0
Balance, Number of Shares at Dec. 31, 2021	57,657,172	82,548,464	(24,891,292)	57,657,172
Balance at Dec. 31, 2021	$ 240,267	$ 80	$ (286,951)		$ 303,804	$ 381,213	$ (157,879)	$ 240,267	$ 0
Redeemable Common Stock, Balance at Dec. 31, 2021	$ 84,979

Condensed Consolidated Statem_4

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities
Net loss	$ (12,406)	$ (4,534)	$ (25,400)	$ (33,492)
Depreciation and amortization	726	1,074	1,621	1,997
Impairment loss (Note 6)	85	0	225	0
Movement in allowance for doubtful accounts receivable	740	100	1,126	614
Loss from equity-accounted investments (Note 5)	0	1,016	1,156	20,153
Movement in allowance for doubtful loans to equity-accounted investments	0	661	0	739
Change in fair value of securities (Note 4 and 5)	0	(15,128)	0	(15,128)
Fair value adjustment related to financial liabilities	(234)	790	(324)	1,676
Unrealized loss related to fair value adjustment to currency options (Note 4)	2,429	0	2,429	0
Interest payable	(113)	42	(102)	(21)
Loss on disposal of equity-accounted investmetns (Note 5)	0	13	0	13
(Profit) Loss on disposal of property, plant and equipment	(1,356)	752	(1,521)	742
Stock-based compensation charge (Note 12)	788	232	1,097	631
Dividends received from equity accounted investments	0	68	137	125
(Increase) Decrease in accounts receivable and finance loans receivable	(3,467)	6,559	(2,279)	(1,556)
(Increase) Decrease in inventory	(1,429)	(145)	154	2,214
Increase (Decrease) in accounts payable and other payables	676	(3,084)	245	(3,499)
(Increase) Decrease in taxes payable	(245)	(421)	49	(15,338)
Increase (Decrease) in deferred taxes	21	26	(346)	(1,729)
Net cash used in operating activities	(13,785)	(11,979)	(21,733)	(41,859)
Cash flows from investing activities
Capital expenditures	(189)	(3,023)	(887)	(3,298)
Proceeds from disposal of property, plant and equipment	1,760	75	1,991	91
Proceeds from disposal of equity-accounted investment - Bank Frick - net of expenses (Note 5)	7,500	0	7,500	0
Proceeds from disposal of Net1 Korea, net of cash disposed	0	0	0	20,114
Proceeds from disposal of DNI as equity-accounted investment	0	5,681	0	6,010
Loan to equity-accounted investment (Note 5)	0	(1,160)	0	(1,238)
Repayment of loans by equity-accounted investments	0	134	0	134
Net change in settlement assets	97	1,377	97	5,445
Net cash provided by investing activities	9,168	3,084	8,701	27,258
Cash flows from financing activities
Proceeds from exercise stock options	739	18	739	18
Proceeds from bank overdraft (Note 8)	172,445	137,333	311,350	206,479
Repayment of bank overdraft (Note 8)	(172,768)	(88,258)	(271,676)	(165,108)
Proceeds from disgorgement of shareholders' short-swing profits	0	26	0	124
Net change in settlement obligations	(97)	(1,377)	(97)	(5,445)
Net cash provided by financing activities	319	47,742	40,316	36,068
Effect of exchange rate changes on cash and cash equivalents	(5,979)	12,296	(10,905)	13,102
Net (decrease) increase in cash, cash equivalents and restricted cash	(10,277)	51,143	16,379	34,569
Cash, cash equivalents and restricted cash - beginning of period	250,421	215,911	223,765	232,485
Cash, cash equivalents and restricted cash - end of period (Note 14)	$ 240,144	$ 267,054	$ 240,144	$ 267,054

Basis Of Presentation And Summa

Basis Of Presentation And Summary Of Significant Accounting Policies	6 Months Ended
	Dec. 31, 2021
Basis Of Presentation And Summary Of Significant Accounting Policies [Abstract]
Basis Of Presentation And Summary Of Significant Accounting Policies	1. Basis of Presentation and Summary of Significant Accounting Policies Unaudited Interim Financial Information The accompanying unaudited condensed consolidated financial statements include all majority-owned subsidiaries over which the Company exercises control and have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and the rules and regulations of the United States Securities and Exchange Commission for Quarterly Reports on Form 10-Q and include all of the information and disclosures required for interim financial reporting. The results of operations for the three and six months ended December 31, 2021 and 2020, are not necessarily indicative of the results for the full year. The Company believes that the disclosures are adequate to make the information presented not misleading. These unaudited condensed consolidated financial statements should be read in conjunction with the financial statements, accounting policies and financial notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2021. In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments (consisting only of normal recurring adjustments), which are necessary for a fair representation of financial results for the interim periods presented. References to “Net1” are references solely to Net 1 UEPS Technologies, Inc. References to the “Company” refer to Net1 and its consolidated subsidiaries, collectively, unless the context otherwise requires. Impact of COVID-19 on the Company’s business The Company’s business has been, and continues to be, impacted by government restrictions and quarantines related to COVID-19. South Africa operates with a five-level COVID-19 alert system, with Level 1 being the least restrictive and Level 5 being the most restrictive. South Africa is currently at adjusted Level 1, which has a limited impact on the Company’s businesses. The South African government commenced its vaccination program in early calendar 2021, and the latest statistics indicate that around 40% of the population is fully vaccinated. During the recent fourth wave, which started in December 2021, South Africa remained on adjusted level 1. The broader implications of COVID-19 on the Company’s results of operations and overall financial performance continue to remain uncertain. While the Company has not incurred significant disruptions thus far from the COVID-19 outbreak, apart from the two months in April and May 2020 when loan origination was curtailed, the Company is unable to accurately predict the impact that COVID-19 will have due to numerous uncertainties, including the severity and duration of the outbreak, actions that may be taken by governmental authorities, the impact on the Company’s customers and other factors. The Company will continue to evaluate the nature and extent of the impact on its business, consolidated results of operations, and financial condition. July 2021 civil unrest in South Africa Two of South Africa’s nine provinces experienced significant civil unrest in July 2021 resulting in mass looting, loss of life, disruption of transport and supply routes, and widespread destruction of property. In total 337 South Africans lost their lives in the unrest - fortunately none of the Company’s employees were injured or harmed. There was widespread damage to bank and ATM infrastructure in the affected provinces. In total approximately 1,800 ATMs and 300 branches were damaged, and the Banking Association of South Africa (“BASA”), estimates that total damage to banking infrastructure amounted to ZAR 1.6 billion. The South African Special Risks Insurance Association (“SASRIA”), a public enterprise and a non-life insurance company that provides coverage for damage caused by special risks such as politically motivated malicious acts, riots, strikes, terrorism and public disorders, estimates that the total damage to property across South Africa will be in the order of between ZAR 19.0 and ZAR 20.0 billion. The Company suffered damage at 19 of its branches and to 173 ATMs. The disruption and related closure of branches also impacted the Company’s efforts to grow EPE customer numbers. The Company also saw an impact on transaction volumes through its ATMs with July 2021 volumes 13% lower than June 2021, and August 2021 3% lower than July 2021. The Company estimates that it will cost approximately ZAR 40.0 million to repair its branches and damaged ATMs and to replace ATMs that have been destroyed. The Company believes that these losses suffered through destruction of property will be fully covered under its various insurance policies, through the government backed SASRIA cover, and received ZAR 26.0 million from SASRIA during the three and six months ended December 31, 2021. As a result of the disruption to ATM coverage and availability, BASA and South Africa’s banks agreed that the fee which customers pay to utilize other banks’ ATMs would be waived for August and September 2021. The Company lost transaction fee revenue of approximately ZAR 6.0. million ($ 0.4 million) during the six months ended December 31, 2021, as a result of this decision. 1. Basis of Presentation and Summary of Significant Accounting Policies (continued) Recent accounting pronouncements adopted In August 2018, the Financial Accounting Standards Board (“FASB”) issued guidance regarding Disclosure Framework: Changes to the Disclosure Requirements for Fair Value Measurement. The guidance modifies the disclosure requirements related to fair value measurement. The guidance became effective for the Company beginning July 1, 2021. The adoption of this guidance did not have a material impact on the Company’s financial statements or its footnote disclosures. In January 2020, the FASB issued guidance regarding Clarifying the Interactions Between Topic 321, Topic 323, and Topic 815. The guidance clarifies that an entity should consider observable transactions that require an entity to either apply or discontinue the equity method of accounting for the purposes of applying the measurement alternative in accordance with U.S GAAP guidance immediately before applying or upon discontinuing the equity method. The guidance also clarifies that, when determining the accounting for certain forward contracts and purchased options an entity should not consider, whether upon settlement or exercise, if the underlying securities would be accounted for under the equity method or fair value option. The guidance became effective for the Company beginning July 1, 2021. The adoption of this guidance did not have a material impact on the Company’s financial statements or its footnote disclosures. Recent accounting pronouncements not yet adopted as of December 31, 2021 In June 2016, the FASB issued guidance regarding Measurement of Credit Losses on Financial Instruments . The guidance replaces the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. For trade and other receivables, loans, and other financial instruments, an entity is required to use a forward-looking expected loss model rather than the incurred loss model for recognizing credit losses, which reflects losses that are probable. Credit losses relating to available-for-sale debt securities will also be recorded through an allowance for credit losses rather than as a reduction in the amortized cost basis of the securities. This guidance is effective for the Company beginning July 1, 2023. The Company is currently assessing the impact of this guidance on its financial statements and related disclosures, but does not expect the impact on its financial results to be material. In November 2019, the FASB issued guidance regarding Financial Instruments—Credit Losses (Topic 326), Derivatives and Hedging(Topic 815), and Leases (Topic 842). The guidance provides a framework to stagger effective dates for future major accounting standards and amends the effective dates for certain major new accounting standards to give implementation relief to certain types of entities, including Smaller Reporting Companies. The Company is a Smaller Reporting Company. Specifically, the guidance changes some effective dates for certain new standards on the following topics in the FASB Codification, namely Derivatives and Hedging (ASC 815); Leases (ASC 842); Financial Instruments — Credit Losses (ASC 326); and Intangibles — Goodwill and Other (ASC 350). The guidance defers the adoption date of guidance regarding Measurement of Credit Losses on Financial Instruments by the Company from July 1, 2020 to July 1, 2023. The Company is currently assessing the impact of this guidance on its financial statements and related disclosures, but does not expect the impact on its financial results to be material.

Accounts Receivable, Net And Ot

Accounts Receivable, Net And Other Receivables And Finance Loans Receivable, Net	6 Months Ended
	Dec. 31, 2021
Accounts Receivable, Net And Other Receivables And Finance Loans Receivable, Net [Abstract]
Accounts Receivable, Net And Other Receivables And Finance Loans Receivable, Net	2. 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 December 31, 2021, and June 30, 2021 , are presented in the table below: December 31, June 30, 2021 2021 Accounts receivable, trade, net $ 8,807 $ 10,493 Accounts receivable, trade, gross 9,231 10,760 Allowance for doubtful accounts receivable, end of period 424 267 Beginning of period 267 253 Reversed to statement of operations ( 1) ( 182) Charged to statement of operations 201 232 Utilized ( 3) ( 59) Foreign currency adjustment ( 40) 23 Current portion of amount outstanding related to sale of interest in Bank Frick 3,890 7,500 Loans provided to Carbon - - Current portion of total held to maturity investments - - Investment in 7.625% of Cedar Cellular Investment 1 (RF) (Pty) Ltd 8.625% notes - - Other receivables 8,004 8,590 Total accounts receivable, net and other receivables $ 20,701 $ 26,583 Current portion of amount outstanding related to sale of interest in Bank Frick represents the amount due from the purchaser related to the sale of Bank Frick. The Company received the first scheduled repayment of $ 7.5 million in October 2021 and the remaining amount of $ 3.9 million is due in July 2022. The loan of $ 3.0 million provided to Carbon was scheduled to be repaid before June 30, 2020, however, Carbon requested a payment holiday as a result of the impact of the COVID-19 pandemic on its business. The parties had not agreed to new repayment terms as of December 31, 2021. However, the Company acknowledges the unexpected and ongoing challenges facing Carbon and determined in June 2021 to create an allowance for doubtful loans receivable of $ 3.0 million due to these circumstances and ongoing operating losses incurred by Carbon. Investment in 7.625% of Cedar Cellular Investment 1 (RF) (Pty) Ltd 8.625% notes represents the investment in a note which matures in August 2022. The carrying value as of each of December 31, 2021 and June 30, 2021, respectively was $ 0 (nil). The note is included in other long-term assets as of June 30, 2021 (refer to Note 5). Other receivables include prepayments, deposits and other receivables. Contractual maturities of held to maturity investments Summarized below is the contractual maturity of the Company’s held to maturity investment as of December 31, 2021: Cost basis Estimated fair value (1) Due in one year or less $ - $ - Due in one year through five years (2) - - Due in five years through ten years - - Due after ten years - - Total $ - $ - (1) The estimated fair value of the Cedar Cellular note has been calculated utilizing the Company’s portion of the security provided to the Company by Cedar Cellular, namely, Cedar Cellular’s investment in Cell C. (2) The cost basis is zero ($ 0.0 million). Finance loans receivable, net The Company’s finance loans receivable, net, as of December 31, 2021, and June 30, 2021 , is presented in the table below: December 31, June 30, 2021 2021 Microlending finance loans receivable, net $ 21,571 $ 21,142 Microlending finance loans receivable, gross 23,968 23,491 Allowance for doubtful finance loans receivable, end of period 2,397 2,349 Beginning of period 2,349 1,858 Reversed to statement of operations - ( 1,004) Charged to statement of operations 926 2,060 Utilized ( 619) ( 967) Foreign currency adjustment ( 259) 402 Total finance loans receivable, net $ 21,571 $ 21,142

Inventory

Inventory	6 Months Ended
	Dec. 31, 2021
Inventory [Abstract]
Inventory	3. Inventory The Company’s inventory comprised the following categories as of December 31, 2021, and June 30, 2021 December 31, June 30, 2021 2020 Finished goods $ 20,005 $ 22,361 $ 20,005 $ 22,361 As of December 31, 2021 and June 30, 2021, respectively finished goods includes $ 14.5 million and $ 16.5 million of Cell C airtime inventory that was previously classified as finished goods subject to sale restrictions. In support of Cell C’s liquidity position, the Company has limited the resale of this airtime to its own distribution channels until such time as Cell C’s recapitalisation process is concluded.

Fair Value Of Financial Instrum

Fair Value Of Financial Instruments	6 Months Ended
	Dec. 31, 2021
Fair Value Of Financial Instruments [Abstract]
Fair Value Of Financial Instruments	4. Fair value of financial instruments Initial recognition and measurement Financial instruments are recognized when the Company becomes a party to the transaction. Initial measurements are at cost, which includes transaction costs. Risk management The Company manages its exposure to currency exchange, translation, interest rate, customer concentration, credit and equity price and liquidity risks as discussed below. Currency exchange risk The Company is subject to currency exchange risk because it purchases inventories that it is required to settle in other currencies, primarily the euro and U.S. dollar. The Company has used forward contracts in order to limit its exposure in these transactions to fluctuations in exchange rates between the South African rand (“ZAR”), on the one hand, and the U.S. dollar and the euro, on the other hand. Translation risk Translation risk relates to the risk that the Company’s results of operations will vary significantly as the U.S. dollar is its reporting currency, but it earns most of its revenues and incurs a significant amount of its expenses in ZAR. The U.S. dollar has fluctuated significantly against the ZAR over the past three years. As exchange rates are outside the Company’s control, there can be no assurance that future fluctuations will not adversely affect the Company’s results of operations and financial condition. 4. Fair value of financial instruments (continued) Risk management (continued) Interest rate risk As a result of its normal borrowing activities, the Company’s operating results are exposed to fluctuations in interest rates, which it manages primarily through regular financing activities. The Company generally maintains investments in cash equivalents and held to maturity investments and has occasionally invested in marketable securities. Microlending credit risk The Company is exposed to credit risk in its microlending activities, which provide unsecured short-term loans to qualifying customers. The Company manages this risk by performing an affordability test for each prospective customer and assigning a “creditworthiness score”, which takes into account a variety of factors such as other debts and total expenditures on normal household and lifestyle expenses. Credit risk Credit risk relates to the risk of loss that the Company would incur as a result of non-performance by counterparties. The Company maintains credit risk policies in respect of its counterparties to minimize overall credit risk. These policies include an evaluation of a potential counterparty’s financial condition, credit rating, and other credit criteria and risk mitigation tools as the Company’s management deems appropriate. With respect to credit risk on financial instruments, the Company maintains a policy of entering into such transactions only with South African and European financial institutions that have a credit rating of “B” (or its equivalent) or better, as determined by credit rating agencies such as Standard & Poor’s, Moody’s and Fitch Ratings. Equity price and liquidity risk Equity price risk relates to the risk of loss that the Company would incur as a result of the volatility in the exchange-traded price of equity securities that it holds. The market price of these securities may fluctuate for a variety of reasons and, consequently, the amount that the Company may obtain in a subsequent sale of these securities may significantly differ from the reported market value. Equity liquidity risk relates to the risk of loss that the Company would incur as a result of the lack of liquidity on the exchange on which those securities are listed. The Company may not be able to sell some or all of these securities at one time, or over an extended period of time without influencing the exchange-traded price, or at all. Financial instruments The following section describes the valuation methodologies the Company uses to measure its significant financial assets and liabilities at fair value. In general, and where applicable, the Company uses quoted prices in active markets for identical assets or liabilities to determine fair value. This pricing methodology would apply to Level 1 investments. If quoted prices in active markets for identical assets or liabilities are not available to determine fair value, then the Company uses quoted prices for similar assets and liabilities or inputs other than the quoted prices that are observable either directly or indirectly. These investments would be included in Level 2 investments. In circumstances in which inputs are generally unobservable, values typically reflect management’s estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques that include option pricing models, discounted cash flow models, and similar techniques. Investments valued using such techniques are included in Level 3 investments. Asset measured at fair value using significant unobservable inputs – investment in Cell C The Company’s Level 3 asset represents an investment of 75,000,000 class “A” shares in Cell C, a significant mobile telecoms provider in South Africa. The Company used a discounted cash flow model developed by the Company to determine the fair value of its investment in Cell C as of December 31, 2021, and June 30, 2021, and valued Cell C at $ 0.0 (zero) at December 31, 2021, and June 30, 2021. The Company believes the Cell C business plan utilized in the Company’s valuation is reasonable based on the current performance and the expected changes in Cell C’s business model. The Company incorporates the payments under Cell C’s lease liabilities into the cash flow forecasts and assumes that Cell C’s deferred tax assets would be utilized over the forecast period. The Company utilized the latest revised business plan provided by Cell C management for the period ended December 31, 2025, for the December 31, 2021 valuation, and an earlier version of the business plan for the period ended December 31, 2025 for the June 30, 2021 valuation. 4. Fair value of financial instruments (continued) Financial instruments (continued) Asset measured at fair value using significant unobservable inputs – investment in Cell C (continued) The following key valuation inputs were used as of December 31, 2021 and June 30, 2021: Weighted Average Cost of Capital ("WACC"): Between 18% and 24% over the period of the forecast Long term growth rate: 3% ( 3% as of June 30, 2021) Marketability discount: 10% Minority discount: 15% Net adjusted external debt - December 31, 2021: (1) ZAR 11.5 billion ($ 0.7 billion), no lease liabilities included Net adjusted external debt - June 30, 2021: (2) ZAR 11.2 billion ($ 0.8 billion), no lease liabilities included (1) translated from ZAR to U.S. dollars at exchange rates applicable as of December 31, 2021. (2) translated from ZAR to U.S. dollars at exchange rates applicable as of June 30, 2021. The following table presents the impact on the carrying value of the Company’s Cell C investment of a 4.2% increase and 3.2% decrease in the WACC rate and the EBITDA margins used in the Cell C valuation on December 31, 2021, all amounts translated at exchange rates applicable as of December 31, 2021: Sensitivity for fair value of Cell C investment 4.2% increase 3.1% decrease WACC rate $ - $ 294 EBITDA margin $ 400 $ - The fair value of the Cell C shares as of December 31, 2021, represented 0% of the Company’s total assets, including these shares. The Company expects to hold these shares for an extended period of time and that there will be short-term equity price volatility with respect to these shares particularly given the current situation of Cell C’s business. Derivative transactions - Foreign exchange contracts As part of the Company’s risk management strategy, the Company enters into derivative transactions to mitigate exposures to foreign currencies in respect of operational costs using foreign exchange contracts. These foreign exchange contracts are over-the-counter derivative transactions. Substantially all of the Company’s derivative exposures are with counterparties that have long-term credit ratings of “B” (or equivalent) or better. The Company uses quoted prices in active markets for similar assets and liabilities to determine fair value (Level 2). The Company has no derivatives that require fair value measurement under Level 1 or 3 of the fair value hierarchy. The Company had no outstanding foreign exchange contracts as of December 31, 2021. The Company’s outstanding foreign exchange contracts as of June 30,2021, were as follows: Notional amount ('000) Strike price Fair market Maturity EUR 5.7 USD 1.1911 USD 1.1859 July 02, 2021 Derivative transactions - Foreign exchange option contracts The Company holds a significant amount of U.S. dollars and intends to use a portion of these funds to settle part of the purchase consideration related to the Connect Group acquisition. The purchase consideration will be settled in ZAR. Accordingly, the Company entered into foreign exchange option contracts with FirstRand Bank Limited acting through Rand Merchant Bank division (“RMB”) in November 2021 in order to manage the risk of currency volatility and to fix the ZAR amount to be utilized for part of the purchase consideration settlement. These foreign exchange option contracts, also known as synthetic forwards, are over-the-counter derivative transactions (Level 2). The Company purchased foreign currency put options and sold foreign currency call options at the same strike price. The strike price of the synthetic forwards on the date of entering into the contracts was equal to the exchange rate of a traditional forward exchange contract at that time. The Company expects to record a realized currency gain if the USD/ ZAR spot price on the maturity date is below the strike price because, as the holder of the put options, the Company would exercise the put option and receive a higher rate of exchange compared to the spot price. The call options sold would be out-of-the-money on the maturity date and would expire unexercised. On the other hand, the Company expects to incur a realized currency loss if the USD/ ZAR spot price on the maturity date is above the strike price because the put options would be out-of-the-money and would expire unexercised, but RMB would exercise its call options and the Company would be required to deliver USD at a lower ZAR rate than the spot price. 4. Fair value of financial instruments (continued) Financial instruments Derivative transactions - Foreign exchange option contracts (continued) The Company has marked-to-market the synthetic forwards as of December 31, 2021, using a Black-Scholes option pricing model which determines the respective fair value of the options utilizing current market parameters, and recorded an unrealized loss of $ 2.4 million, which is included in the caption unrealized loss related to fair value adjustment to currency options in the Company’s unaudited condensed consolidated statements of operations for the three and six months ended December 31, 2021. RMB’s long-term credit rating is “BB”. The Company uses quoted prices in active markets for similar assets and liabilities to determine fair value of the foreign exchange option contracts (Level 2). The Company’s outstanding foreign exchange option contracts as of December 31, 2021, were as follows: Notional amount ('000) Strike price Fair market Maturity Purchased put options USD 30,000,000.0 ZAR 15.5570 ZAR 15.3841 February 24, 2022 USD 20,000,000.0 ZAR 15.6470 ZAR 15.4430 February 24, 2022 USD 20,000,000.0 ZAR 15.4361 ZAR 15.2997 February 24, 2022 USD 20,000,000.0 ZAR 15.8745 ZAR 15.5762 February 24, 2022 USD 30,000,000.0 ZAR 16.0158 ZAR 15.6474 February 24, 2022 Sold call options USD 30,000,000.0 ZAR 15.5570 ZAR 16.2020 February 24, 2022 USD 20,000,000.0 ZAR 15.6470 ZAR 16.2339 February 24, 2022 USD 20,000,000.0 ZAR 15.4361 ZAR 16.1645 February 24, 2022 USD 20,000,000.0 ZAR 15.8745 ZAR 16.3301 February 24, 2022 USD 30,000,000.0 ZAR 16.0158 ZAR 16.4013 February 24, 2022 The following table presents the Company’s assets measured at fair value on a recurring basis as of December 31, 2021, according to the fair value hierarchy: Quoted Price in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Assets Investment in Cell C $ - $ - $ - $ - Related to insurance business: Cash, cash equivalents and restricted cash (included in other long-term assets) 342 - - 342 Fixed maturity investments (included in cash and cash equivalents) 2,453 - - 2,453 Total assets at fair value $ 2,795 $ - $ - $ 2,795 Liabilities Foreign exchange options - 2,343 - 2,343 Total liabilities at fair value $ - $ 2,343 $ - $ 2,343 4. Fair value of financial instruments (continued) The following table presents the Company’s assets measured at fair value on a recurring basis as of June 30, 2021, according to the fair value hierarchy: Quoted Price in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Assets Investment in Cell C $ - $ - $ - $ - Related to insurance business Cash and cash equivalents (included in other long-term assets) 381 - - 381 Fixed maturity investments (included in cash and cash equivalents) 3,158 - - 3,158 Total assets at fair value $ 3,539 $ - $ - $ 3,539 There have been no transfers in or out of Level 3 during the three and six months ended December 31, 2021 and 2020, respectively. There was no movement in the carrying value of assets measured at fair value on a recurring basis, and categorized within Level 3, during the three and six months ended December 31, 2021 and 2020. Summarized below is the movement in the carrying value of assets and liabilities measured at fair value on a recurring basis, and categorized within Level 3, during the six months ended December 31, 2021: Carrying value Assets Balance as of June 30, 2021 $ - Foreign currency adjustment (1) - Balance as of December 31, 2021 $ - (1) The foreign currency adjustment represents the effects of the fluctuations between the ZAR and the U.S. dollar on the carrying value. Summarized below is the movement in the carrying value of assets and liabilities measured at fair value on a recurring basis, and categorized within Level 3, during the six months ended December 31, 2020: Carrying value Assets Balance as of June 30, 2020 $ - Foreign currency adjustment (1) - Balance as of December 31, 2020 $ - (1) The foreign currency adjustment represents the effects of the fluctuations between the ZAR and the U.S. dollar on the carrying value. Assets measured at fair value on a nonrecurring basis The Company measures equity investments without readily determinable fair values at fair value on a nonrecurring basis. The fair values of these investments are determined based on valuation techniques using the best information available, and may include quoted market prices, market comparables, and discounted cash flow projections. An impairment charge is recorded when the cost of the asset exceeds its fair value and the excess is determined to be other-than-temporary. Refer to Note 5 for impairment charges recorded during the reporting periods presented herein. The Company has no liabilities that are measured at fair value on a nonrecurring basis.

Equity-Accounted Investments An

Equity-Accounted Investments And Other Long-Term Assets	6 Months Ended
	Dec. 31, 2021
Equity-Accounted Investments And Other Long-Term Assets [Abstract]
Equity-Accounted Investments And Other Long-Term Assets	5. Equity-accounted investments and other long-term assets Refer to Note 8 to the Company’s audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2021, for additional information regarding its equity-accounted investments and other long-term assets. Equity-accounted investments The Company’s ownership percentage in its equity-accounted investments as of December 31, 2021, and June 30, 2021, was as follows: December 31, June 30, 2021 2021 Finbond Group Limited (“Finbond”) 31.5 % 31.5 % Carbon Tech Limited (“Carbon”) 25.0 % 25.0 % SmartSwitch Namibia (Pty) Ltd (“SmartSwitch Namibia”) 50.0 % 50.0 % Finbond As of December 31, 2021, the Company owned 268,820,933 shares in Finbond representing approximately 31.5% of its issued and outstanding ordinary shares. Finbond is listed on the Johannesburg Stock Exchange (“JSE”) and its closing price on December 31, 2021, the last trading day of the month, was ZAR 0.99 per share. The market value, using the December 31, 2021, closing price, of the Company’s holding in Finbond on December 31, 2021, was ZAR 266.1 million ($ 16.7 million translated at exchange rates applicable as of December 31, 2021). Summarized below is the movement in equity-accounted investments and loans provided to equity-accounted investments during the six months ended December 31, 2021: Finbond Other (1) Total Investment in equity Balance as of June 30, 2021 $ 9,822 $ 182 $ 10,004 Stock-based compensation 9 - 9 Comprehensive loss: ( 1,800) - ( 1,800) Other comprehensive loss ( 644) - ( 644) Equity accounted loss ( 1,156) - ( 1,156) Share of net loss ( 1,156) - ( 1,156) Dividends received - ( 137) ( 137) Foreign currency adjustment (2) ( 852) ( 7) ( 859) Balance as of December 31, 2021 $ 7,179 $ 38 $ 7,217 Equity Loans Total Carrying amount as of : June 30, 2021 $ 10,004 $ - $ 10,004 December 31, 2021 $ 7,217 $ - $ 7,217 (1) Includes Carbon and SmartSwitch Namibia. (2) The foreign currency adjustment represents the effects of the fluctuations of the ZAR, Nigerian naira and Namibian dollar against the U.S. dollar on the carrying value. 5. Equity-accounted investments and other long-term assets (continued) Other long-term assets Summarized below is the breakdown of other long-term assets as of December 31, 2021, and June 30, 2021: December 31, June 30, 2021 2021 Total equity investments $ 76,297 $ 76,297 Investment in 15% of Cell C, at fair value (Note 4) - - Investment in 10% of MobiKwik (June 30, 2021: 12%) 76,297 76,297 Investment in 87.5% of CPS (1) - - Total held to maturity investments - - Investment in 7.625% of Cedar Cellular Investment 1 (RF) (Pty) Ltd 8.625% notes (2) - - Long-term portion of amount due related to sale of interest in Bank Frick (3) - 3,890 Policy holder assets under investment contracts (Note 7) 342 381 Reinsurance assets under insurance contracts (Note 7) 1,182 1,298 Total other long-term assets $ 77,821 $ 81,866 (1) On October 16, 2020, the High Court of South Africa, Gauteng Division, Pretoria ordered that CPS be placed into liquidation. (2) The note is included in accounts receivable, net and other receivables as of December 31, 2021 (refer to Note 2). (3) Long-term portion of amount due related to sale of interest in Bank Frick as of June 30, 2021, represents the amount due from the purchaser in July 2022 and is included in accounts receivable, net, and other receivables as of December 31, 2021 (refer to Note 2). MobiKwik In October 2021, the Company converted its 310,781 shares of compulsorily convertible cumulative preferences shares to 6,215,620 equity shares in anticipation of MobiKwik’s initial public offering. The Company’s investment percentage remained unchanged following the conversion. The Company’s investment percentage as of December 31, 2021, was 10.2% following an issuance in December 2021, which the Company did not consider as an observable orderly transaction because it was made to an existing shareholder (i.e., a related party to MobiKwik), as well as the issuance of shares into an Employee Share Option Plan. There was no change in the fair value of MobiKwik during the three and six months ended December 31, 2021. In early November 2020, MobiKwik entered into an agreement to raise additional capital through the issuance of additional shares to a new shareholder at a valuation of $ 135.54 per share. The Company used this valuation as the basis for its adjustment to increase the carrying value in its investment in MobiKwik in the unaudited condensed consolidated statement of operations by $ 15.1 million from $ 27.0 million to $ 42.1 million as of December 31, 2020. The change in the fair value of MobiKwik during the three and six months ended December 31, 2020, of $ 15.1 million, respectively, is included in the caption “Change in fair value of equity securities” in the unaudited condensed consolidated statement of operations for the three and six months ended December 31, 2020. Summarized below are the components of the Company’s equity securities without readily determinable fair value and held to maturity investments as of December 31, 2021: Cost basis Unrealized holding Unrealized holding Carrying gains losses value Equity securities: Investment in MobiKwik $ 26,993 $ 49,304 $ - $ 76,297 Investment in CPS - - - - Held to maturity: Investment in Cedar Cellular notes (Note 2) - - - - Total $ 26,993 $ 49,304 $ - $ 76,297 5. Equity-accounted investments and other long-term assets (continued) Other long-term assets (continued) Summarized below are the components of the Company’s equity securities without readily determinable fair value and held to maturity investments as of June 30, 2021: Cost basis Unrealized holding Unrealized holding Carrying gains losses value Equity securities: Investment in MobiKwik $ 26,993 $ 49,304 $ - $ 76,297 Investment in CPS - - - - Held to maturity: Investment in Cedar Cellular notes - - - - Total $ 26,993 $ 49,304 $ - $ 76,297

Goodwill And Intangible Assets,

Goodwill And Intangible Assets, Net	6 Months Ended
	Dec. 31, 2021
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 six months ended December 31, 2021: Gross value Accumulated impairment Carrying value Balance as of June 30, 2021 $ 42,949 $ ( 13,796) $ 29,153 Foreign currency adjustment (1) ( 3,732) 818 ( 2,914) Balance as of December 31, 2021 $ 39,217 $ ( 12,978) $ 26,239 (1) The foreign currency adjustment represents the effects of the fluctuations between the ZAR and the U.S. dollar on the carrying value. Refer to Note 17 for additional information regarding changes to the Company’s reportable segments during the three months ended December 31, 2021. Goodwill has been allocated to the Company’s reportable segments as follows: Consumer Merchant Other Carrying value Balance as of June 30, 2021 $ - $ 28,496 $ 657 $ 29,153 Foreign currency adjustment (1) - ( 2,914) - ( 2,914) Balance as of December 31, 2021 $ - $ 25,582 $ 657 $ 26,239 (1) The foreign currency adjustment represents the effects of the fluctuations between the ZAR and the U.S. dollar on the carrying value. 6. Goodwill and intangible assets, net (continued) Intangible assets, net Carrying value and amortization of intangible assets Summarized below is the carrying value and accumulated amortization of intangible assets as of December 31, 2021, and June 30, 2021: As of December 31, 2021 As of June 30, 2021 Gross carrying value Accumulated amortization Net carrying value Gross carrying value Accumulated amortization Net carrying value Finite-lived intangible assets: Customer relationships $ 9,282 $ ( 9,282) $ - $ 10,340 $ ( 10,340) $ - Software and unpatented technology 1,549 ( 1,549) - 1,726 ( 1,726) - FTS patent 2,405 ( 2,405) - 2,679 ( 2,679) - Trademarks 1,809 ( 1,521) 288 2,015 ( 1,658) 357 Total finite-lived intangible assets $ 15,045 $ ( 14,757) $ 288 $ 16,760 $ ( 16,403) $ 357 Aggregate amortization expense on the finite-lived intangible assets for each of the three months ended December 31, 2021 and 2020, was approximately $ 0.1 million. Aggregate amortization expense on the finite-lived intangible assets for the six months ended December 31, 2021 and 2020, was approximately $ 0.1 million and $ 0.2 million, respectively. Future estimated annual amortization expense for the next five fiscal years and thereafter, assuming exchange rates that prevailed on December 31, 2021, 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 2022 $ 65 Fiscal 2023 65 Fiscal 2024 64 Fiscal 2025 64 Fiscal 2026 64 Total future estimated annual amortization expense $ 322

Assets And Policyholder Liabili

Assets And Policyholder Liabilities Under Insurance And Investment Contracts	6 Months Ended
	Dec. 31, 2021
Assets And Policyholder Liabilities Under Insurance And Investment Contracts [Abstract]
Assets And Policyholder Liabilities Under Insurance And Investment Contracts	7. Assets and policyholder liabilities under insurance and investment contracts Reinsurance assets and policyholder liabilities under insurance contracts Summarized below is the movement in reinsurance assets and policyholder liabilities under insurance contracts during the six months ended December 31, 2021: Reinsurance Assets (1) Insurance contracts (2) Balance as of June 30, 2021 $ 1,298 $ ( 2,011) Increase in policy holder benefits under insurance contracts 1,248 5,853 Claims and decrease in policyholders’ benefits under insurance contracts ( 1,230) ( 5,936) Foreign currency adjustment (3) ( 134) 211 Balance as of December 31, 2021 $ 1,182 $ ( 1,883) (1) Included in other long-term assets (refer to Note 5); (2) Included in other long-term liabilities; (3) Represents the effects of the fluctuations of the ZAR against the U.S. dollar. The Company has agreements with reinsurance companies in order to limit its losses from various insurance contracts, however, if the reinsurer is unable to meet its obligations, the Company retains the liability. The value of insurance contract liabilities is based on the best estimate assumptions of future experience plus prescribed margins, as required in the markets in which these products are offered, namely South Africa. The process of deriving the best estimates assumptions plus prescribed margins includes assumptions related to claim reporting delays (based on average industry experience). Assets and policyholder liabilities under investment contracts Summarized below is the movement in assets and policyholder liabilities under investment contracts during the six months ended December 31, 2021: Assets (1) Investment contracts (2) Balance as of June 30, 2021 $ 381 $ ( 381) Increase in policy holder benefits under investment contracts 114 ( 114) Claims and decrease in policyholders’ benefits under investment contracts ( 114) 114 Foreign currency adjustment (3) ( 39) 39 Balance as of December 31, 2021 $ 342 $ ( 342) (1) Included in other long-term assets (refer to Note 5); (2) Included in other long-term liabilities; (3) Represents the effects of the fluctuations of the ZAR against the U.S. dollar. The Company does not offer any investment products with guarantees related to capital or returns.

Borrowings

Borrowings	6 Months Ended
	Dec. 31, 2021
Borrowings [Abstract]
Borrowings	8. Borrowings Refer to Note 11 to the Company’s audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2021, for additional information regarding its borrowings. South Africa July 2017 Facilities, as amended, comprising long-term borrowings (all repaid) and a short-term facility (Facility E) Available short-term facility - Facility E As of December 31, 2021, the aggregate amount of the Company’s short-term South African overdraft facility with RMB was ZAR 1.4 billion ($ 87.9 million, translated at exchange rates applicable as of December 31, 2021). As of December 31, 2021, the Company had utilized approximately ZAR 0.8 billion ($ 48.0 million) of this overdraft facility. This overdraft facility may only be used to fund ATMs and therefore the overdraft utilized and converted to cash to fund the Company’s ATMs is considered restricted cash. The interest rate on this facility is equal to the prime rate. The prime rate on December 31, 2021, was 7.25%, and increased to 7.50% on January 28, 2022, following an increase in the South African repo rate. Nedbank facility, comprising short-term facilities As of December 31, 2021, the aggregate amount of the Company’s short-term South African credit facility with Nedbank Limited was ZAR 406.6 million ($ 25.5 million). The credit facility comprises an overdraft facility of up to ZAR 250.0 million ($ 15.7 million), which may only be used to fund mobile ATMs and indirect and derivative facilities of up to ZAR 156.6 million ($ 9.8 million), which include guarantees, letters of credit and forward exchange contracts. The Company has entered into cession and pledge agreements with Nedbank related to certain of its Nedbank credit facilities (the indirect and derivative facility) and the Company has ceded and pledged certain bank accounts to Nedbank. The funds included in these bank accounts are restricted as they may not be withdrawn without the express permission of Nedbank. These funds, of ZAR 156.6 million ($ 9.8 million translated at exchange rates applicable as of December 31, 2021), are included within the caption restricted cash related to ATM funding and credit facilities to the Company’s unaudited condensed consolidated balance sheet as of December 31, 2021. As of December 31, 2021, the interest rate on the overdraft facility was 6.10%, and increased to 6.35%, on January 28, 2022, following an increase in the South African repo rate. As of December 31, 2021 and June 30, 2021, the Company had utilized approximately ZAR 156.6 million ($ 9.8 million) and ZAR 156.6 million ($ 10.9 million), respectively, of its indirect and derivative facilities of ZAR 156.6 million (June 30, 2021: ZAR 156.6 million) to enable the bank to issue guarantees, letters of credit and forward exchange contracts, in order for the Company to honor its obligations to third parties requiring such guarantees (refer to Note 19). Movement in short-term credit facilities Summarized below are the Company’s short-term facilities as of December 31, 2021, and the movement in the Company’s short-term facilities from as of June 30, 2021 to as of December 31, 2021, as well as the respective interest rates applied to the borrowings as of December 31, 2021: South Africa Total RMB Nedbank Short-term facilities available as of December 31, 2021 $ 87,881 $ 25,520 $ 113,401 Overdraft restricted as to use for ATM funding only 87,881 15,693 103,574 Indirect and derivative facilities - 9,827 9,827 Interest rate (%), based on South African prime rate 7.25 Interest rate (%), based on South African prime rate less 1.15% 6.10 Movement in utilized overdraft facilities: Balance as of June 30, 2021 14,245 - 14,245 Utilized 310,001 1,349 311,350 Repaid ( 270,354) ( 1,322) ( 271,676) Foreign currency adjustment (1) ( 5,932) ( 27) ( 5,959) Balance as of December 31, 2021 47,960 - 47,960 Restricted as to use for ATM funding only 47,960 - 47,960 Movement in utilized indirect and derivative facilities: Balance as of June 30, 2021 (2) - 10,947 10,947 Foreign currency adjustment (1) - ( 1,120) ( 1,120) Balance as of December 31, 2021 (2) $ - $ 9,827 $ 9,827 (1) Represents the effects of the fluctuations between the ZAR and the U.S. dollar.

Other Payables

Other Payables	6 Months Ended
	Dec. 31, 2021
Other Payables [Abstract]
Other Payables	9. Other payables Summarized below is the breakdown of other payables as of December 31, 2021, and June 30, 2021: December 31, June 30, 2021 2021 Accruals $ 10,080 $ 7,501 Provisions 4,598 5,343 Other 13,802 13,288 Value-added tax payable 713 435 Payroll-related payables 935 884 Participating merchants' settlement obligation 120 137 $ 30,248 $ 27,588 Other includes transactions-switching funds payable, deferred income, client deposits and other payables.

Capital Structure

Capital Structure	6 Months Ended
	Dec. 31, 2021
Capital Structure [Abstract]
Capital Structure	10. Capital structure 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, 2021 and 2020, respectively, and the number of shares, net of treasury, excluding non-vested equity shares that have not vested during the six months ended December 31, 2021 and 2020, respectively: December 31, December 31, 2021 2020 Number of shares, net of treasury: Statement of changes in equity 57,657,172 56,614,559 Non-vested equity shares that have not vested as of end of period 1,010,612 294,000 Number of shares, net of treasury, excluding non-vested equity shares that have not vested 56,646,560 56,320,559

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Dec. 31, 2021
Accumulated Other Comprehensive Loss [Abstract]
Accumulated Other Comprehensive Loss	11. Accumulated other comprehensive loss The table below presents the change in accumulated other comprehensive (loss) income per component during the three months ended December 31, 2021: Three months ended December 31, 2021 Accumulated foreign currency translation reserve Total Balance as of October 1, 2021 $ ( 152,278) $ ( 152,278) Movement in foreign currency translation reserve ( 5,601) ( 5,601) Balance as of December 31, 2021 $ ( 157,879) $ ( 157,879) 11. Accumulated other comprehensive loss (continued) The table below presents the change in accumulated other comprehensive (loss) income per component during the three months ended December 31, 2020: Three months ended December 31, 2020 Accumulated foreign currency translation reserve Total Balance as of October 1, 2020 $ ( 161,245) $ ( 161,245) Movement in foreign currency translation reserve 20,003 20,003 Balance as of December 31, 2020 $ ( 141,242) $ ( 141,242) The table below presents the change in accumulated other comprehensive (loss) income per component during the six months ended December 31, 2021: Six months ended December 31, 2021 Accumulated foreign currency translation reserve Total Balance as of July 1, 2021 $ ( 145,721) $ ( 145,721) Movement in foreign currency translation reserve related to equity-accounted investment ( 644) ( 644) Movement in foreign currency translation reserve ( 11,514) ( 11,514) Balance as of December 31, 2021 $ ( 157,879) $ ( 157,879) The table below presents the change in accumulated other comprehensive (loss) income per component during the six months ended December 31, 2020: a Six months ended December 31, 2020 Accumulated foreign currency translation reserve Total Balance as of July 1, 2020 $ ( 169,075) $ ( 169,075) Movement in foreign currency translation reserve related to equity-accounted investment 1,688 1,688 Movement in foreign currency translation reserve 26,145 26,145 Balance as of December 31, 2020 $ ( 141,242) $ ( 141,242) There were reclassifications from accumulated other comprehensive loss to comprehensive (loss) income during the three and six months ended December 31, 2021 and 2020.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Dec. 31, 2021
Stock-Based Compensation [Abstract]
Stock-Based Compensation	12. Stock-based compensation The Company’s Amended and Restated 2015 Stock Incentive Plan and the vesting terms of certain stock-based awards granted are described in Note 16 to the Company’s audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2021. Stock option and restricted stock activity Options The following table summarizes stock option activity for the six months ended December 31, 2021 and 2020 : Number of shares Weighted average exercise price ($) Weighted average remaining contractual term (in years) Aggregate intrinsic value ($'000) Weighted average grant date fair value ($) Outstanding - June 30, 2021 1,294,832 3.93 7.68 1,624 1.45 Exercised ( 242,853) 3.05 - 457 - Forfeited ( 85,000) 3.48 - - 1.34 Outstanding - December 31, 2021 966,979 4.19 6.76 1,056 1.53 Outstanding - June 30, 2020 1,331,651 5.83 7.56 - 2.01 Granted – August 2020 150,000 3.50 3.00 166 1.11 Granted – November 2020 560,000 3.01 10.00 691 1.23 Exercised ( 5,834) 3.07 - 21 - Forfeited ( 456,033) 7.03 - - 2.26 Outstanding - December 31, 2020 1,579,784 4.28 8.04 2,104 1.59 No stock options were awarded during the three and six months ended December 31, 2021. The Company awarded 560,000 stock options to employees during the three and six months ended December 31, 2020. On August 5, 2020, the Company granted one of its non-employee directors, Mr. Ali Mazanderani, in his capacity as a consultant to the Company, 150,000 stock options with an exercise price of $ 3.50. These stock options are subject to the non-employee director’s continuous service through the applicable vesting date, and half of the options vest on each of the first and second anniversaries of the grant date. No stock options were forfeited during the three months ended December 31, 2021. Employees forfeited 85,000 stock options during the six months ended December 31, 2021. During the six months ended December 31, 2020, the Company’s former chief executive officer forfeited 250,034 stock options with strike prices ranging from $ 6.20 to $ 11.23 per share following his separation from the Company. Employees forfeited 205,999 stock options during the three and six months ended December 31, 2020. The fair value of each option is estimated on the date of grant using the Cox Ross Rubinstein binomial model that uses the assumptions noted in the following table. The estimated expected volatility is calculated based on the Company’s 750-day volatility. The estimated expected life of the option was determined based on the historical behavior of employees who were granted options with similar terms. The table below presents the range of assumptions used to value stock options granted during the six months ended December 31, 2020: Six months ended December 31, 2020 Expected volatility 62 % Expected life (in years) 3 Risk-free rate 0.19 % 12. Stock-based compensation (continued) Stock option and restricted stock activity (continued) Options (continued) The following table presents stock options vested and expected to vest as of December 31, 2021: Number of shares Weighted average exercise price ($) Weighted average remaining contractual term (in years) Aggregate intrinsic value ($’000) Vested and expecting to vest - December 31, 2021 966,979 4.19 6.76 1,056 These options have an exercise price range of $ 3.01 to $ 11.23. The following table presents stock options that are exercisable as of December 31, 2021: Number of shares Weighted average exercise price ($) Weighted average remaining contractual term (in years) Aggregate intrinsic value ($’000) Exercisable - December 31, 2021 487,842 5.26 6.09 151 During the three months ended December 31, 2021 and 2020, respectively, 145,015 and 181,333 stock options became exercisable. During the six months ended December 31, 2021 and 2020, respectively, 376,348 and 337,666 stock options became exercisable. The Company issues new shares to satisfy stock option exercises. Restricted stock The following table summarizes restricted stock activity for the six months ended December 31, 2021 and 2020: Number of shares of restricted stock Weighted average grant date fair value ($’000) Non-vested – June 30, 2021 384,560 1,123 Total granted 656,052 3,190 Granted – July 2021 234,608 963 Granted – August 2021 44,986 192 Granted – November and December 2021 326,158 1,766 Granted – December 2021 50,300 269 Total granted and vested - November and December 2021 - - Granted - November and December 2021 71,647 393 Vested - November and December 2021 ( 71,647) 393 Forfeitures ( 30,000) ( 160) Non-vested – December 31, 2021 1,010,612 4,629 Non-vested – June 30, 2020 1,115,500 5,354 Total vested ( 311,300) ( 1,037) Vested – August 2020 ( 244,500) ( 812) Vested – September 2020 - accelerated vesting ( 66,800) ( 225) Forfeitures ( 510,200) ( 1,766) Non-vested – December 31, 2020 294,000 994 12. Stock-based compensation (continued) Stock option and restricted stock activity (continued) Restricted stock (continued) On June 30, 2021, the Company entered into employment agreements with Mr. Chris G.B. Meyer, under which Mr. Meyer was appointed Group Chief Executive Officer of the Company effective July 1, 2021. Mr. Meyer was awarded 117,304 shares of restricted stock on July 1, 2021, which were subject to time-based vesting and vest in full on June 30, 2024, subject to Mr. Meyer’s continued service to the Company through June 30, 2024. In addition, under the terms of Mr. Meyer’s engagement, the Company’s Remuneration Committee also awarded Mr. Meyer 117,304 shares of restricted stock which include performance conditions and which only vest on June 30, 2024 if the performance conditions are met and Mr. Meyer remains employed with the Company through June 30, 2024. Vesting of half of these awards, or 58,652 shares of restricted stock, is subject to the Company achieving its three-year financial services plan during the specific measurement period from June 30, 2021, to June 30, 2024, and the other half is subject to share price growth targets, and only vest if the Company’s share price is $ 8.14 or higher on June 30, 2024. In August 2021 and December 2021, the Company awarded 44,986 and 50,300 shares of restricted stock, respectively, to employees which have time and performance-based (market conditions related to share price performance) vesting conditions. Upon joining the Company, each of Messrs. Meyer and Lincoln C. Mali, where entitled to receive an award of shares of restricted stock which were subject to them purchasing an agreed value of shares (“matching awards”) in the market during a prescribed period of time. However, these executives were unable to purchase shares in the market during that period due to a Company-imposed insider-trading restriction placed on them. On November 15, 2021, the Company amended the terms of these awards in order to put the executives into an economically equivalent position, as follows: (i) assume that the executives would have purchased their agreed allocation within their first 30 days post commencement of employment had they not been embargoed; (ii) require the executives to fulfill their agreed allocations within a short period following release of the Company’s Quarterly Report on Form 10-Q for the three months ended September 30, 2021; (iii) to the extent that the price per share actually paid is greater than the 30-day volume-weighted average price (“VWAP”) in their respective first months of employment, award the executives a top-up (“top up awards”) which amounts to the after-tax difference between (a) number of shares purchased at the 30-day VWAP in their respective first months of employment and (b) number of shares purchased at the actual share price paid. The top-up will be settled as follows: (a) 55% in shares of the Company’s common stock and (b) 45%, at the election of the executive, as either shares of the Company’s common stock or cash. The top up awards were not subject to any vesting conditions and vested immediately; and (iv) adjust the initial matching awards to the aggregate number of shares acquired in terms of (ii) and (iii). The matching awards vest ratably over a period of three years commencing on the first anniversary of the grant of the matching awards. The executives acquired shares during November and December 2021, and the Company granted the executives 326,158 matching awards and 71,647 top up awards. Except as discussed above, no shares of restricted stock vested during the three months ended December 31, 2021. During the three and six months ended December 31, 2021, 30,000 shares of restricted stock were forfeited by an executive officer as the market condition (related to share price performance) was not achieved During the six months ended December 31, 2020, 244,500 shares of restricted stock with time-based vesting conditions vested. In connection with the Company’s former chief executive officer’s separation, the Company agreed to accelerate the vesting of 66,800 shares of restricted stock which were granted in February 2020, and which were subject to time-based vesting. These shares of restricted stock vested on September 30, 2020. The 510,200 shares of restricted stock that were forfeited during the six months ended December 31, 2020, includes 375,200 shares of restricted stock forfeited by the Company’s former chief executive officer upon his separation from the Company and 30,000 shares of restricted stock forfeited by an executive officer as the market condition (related to share price performance) was not achieved. 12. Stock-based compensation (continued) Stock-based compensation charge and unrecognized compensation cost The Company recorded a stock-based compensation charge, net during the three months ended December 31, 2021 and 2020, of $ 0.8 million and $ 0.2 million, respectively, which comprised: Total charge Allocated to cost of goods sold, IT processing, servicing and support Allocated to selling, general and administration Three months ended December 31, 2021 Stock-based compensation charge $ 788 $ - $ 788 Total - three months ended December 31, 2021 $ 788 $ - $ 788 Three months ended December 31, 2020 Stock-based compensation charge $ 246 $ - $ 246 Reversal of stock compensation charge related to stock options and restricted stock forfeited ( 14) - ( 14) Total - three months ended December 31, 2020 $ 232 $ - $ 232 The Company recorded a stock-based compensation charge, net during the six months ended December 31, 2021 and 2020, of $ 1.1 million and $ 0.6 million respectively, which comprised: a Total charge Allocated to cost of goods sold, IT processing, servicing and support Allocated to selling, general and administration Six months ended December 31, 2021 Stock-based compensation charge $ 1,132 $ - $ 1,132 Reversal of stock compensation charge related to stock options forfeited ( 35) - ( 35) Total - six months ended December 31, 2021 $ 1,097 $ - $ 1,097 Six months ended December 31, 2020 Stock-based compensation charge $ 928 $ - $ 928 Reversal of stock compensation charge related to stock options and restricted stock forfeited ( 297) - ( 297) Total - six months ended December 31, 2020 $ 631 $ - $ 631 The stock-based compensation charges have been allocated to selling, general and administration based on the allocation of the cash compensation paid to the relevant employees. As of December 31, 2021, the total unrecognized compensation cost related to stock options was approximately $ 0.4 million, which the Company expects to recognize over approximately two years. As of December 31, 2021, the total unrecognized compensation cost related to restricted stock awards was approximately $ 4.0 million, which the Company expects to recognize over approximately three years. As of December 31, 2021, and June 30, 2021, respectively, the Company recorded a deferred tax asset of approximately $ 0.4 million and $ 0.1 million, related to the stock-based compensation charge recognized related to employees of Net1. As of December 31, 2021, and June 30, 2021, respectively, the Company recorded a valuation allowance of approximately $ 0.4 million and $ 0.1 million, related to the deferred tax asset because it does not believe that the stock-based compensation deduction would be utilized as it does not anticipate generating sufficient taxable income in the United States. The Company deducts the difference between the market value on the date of exercise by the option recipient and the exercise price from income subject to taxation in the United States.

(Loss) Earnings Per Share

(Loss) Earnings Per Share	6 Months Ended
	Dec. 31, 2021
(Loss) Earnings Per Share [Abstract]
(Loss) Earnings Per Share	13. (Loss) Earnings per share The Company has issued redeemable common stock which is redeemable at an amount other than fair value. Redemption of a class of common stock at other than fair value increases or decreases the carrying amount of the redeemable common stock and is reflected in basic earnings per share using the two-class method. There were no redemptions of common stock, or adjustments to the carrying value of the redeemable common stock during the three months ended December 31, 2021 and 2020. Accordingly, the two-class method presented below does not include the impact of any redemption. The Company’s redeemable common stock is described in Note 13 to the Company’s audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2021. Basic (loss) earnings per share includes shares of restricted stock that meet the definition of a participating security because these shares are eligible to receive non-forfeitable dividend equivalents at the same rate as common stock. Basic (loss) earnings per share has been calculated using the two-class method and basic (loss) earnings per share for the three months ended December 31, 2021 and 2020 , reflects only undistributed earnings. The computation below of basic (loss) earnings per share excludes the net loss attributable to shares of unvested restricted stock (participating non-vested restricted stock) from the numerator and excludes the dilutive impact of these unvested shares of restricted stock from the denominator. Diluted (loss) earnings per share has been calculated to give effect to the number of shares of additional common stock that would have been outstanding if the potential dilutive instruments had been issued in each period. Stock options are included in the calculation of diluted (loss) earnings per share utilizing the treasury stock method and are not considered to be participating securities, as the stock options do not contain non-forfeitable dividend rights. The Company has excluded employee stock options to purchase 199,218 and 165,218 shares of common stock from the calculation of diluted loss per share during the three and six months ended December 31, 2021, because the effect would be antidilutive. The calculation of diluted (loss) earnings per share includes the dilutive effect of a portion of the restricted stock granted to employees in May 2018, September 2018, February 2020, May 2021, July 2021, August 2021, November 2021, and December 2021 as these shares of restricted stock are considered contingently returnable shares for the purposes of the diluted (loss) earnings per share calculation and the vesting conditions in respect of a portion of the restricted stock had been satisfied. The vesting conditions for all awards made are discussed in Note 16 to the Company’s audited consolidated financial statements included in its Annual Report on Form 10-K for the year ended June 30, 2021. 13. (Loss) Earnings per share (continued) The following table presents net loss attributable to Net1 and the share data used in the basic and diluted (loss) earnings per share computations using the two-class method: Three months ended Six months ended December 31, December 31, 2021 2020 2021 2020 (in thousands except (in thousands except percent and percent and per share data) per share data) Numerator: Net loss attributable to Net1 $ ( 12,406) $ ( 4,534) $ ( 25,400) $ ( 33,492) Undistributed (loss) earnings ( 12,406) ( 4,534) ( 25,400) ( 33,492) Percent allocated to common shareholders (Calculation 1) 99% 99% 99% 99% Numerator for loss per share: basic and diluted $ ( 12,234) $ ( 4,508) $ ( 25,080) $ ( 33,098) Denominator Denominator for basic (loss) earnings per share: weighted-average common shares outstanding 56,413 56,317 56,373 56,211 Effect of dilutive securities: Denominator for diluted (loss) earnings per share: adjusted weighted average common shares outstanding and assuming conversion 56,413 56,317 56,373 56,211 Loss per share: Basic $ ( 0.22) $ ( 0.08) $ ( 0.44) $ ( 0.59) Diluted $ ( 0.22) $ ( 0.08) $ ( 0.44) $ ( 0.59) (Calculation 1) Basic weighted-average common shares outstanding (A) 56,413 56,317 56,373 56,211 Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B) 57,204 56,641 57,093 56,880 Percent allocated to common shareholders (A) / (B) 99% 99% 99% 99% Options to purchase shares of the Company’s common stock at prices ranging from $ to $ per share were outstanding during the three and six months ended December 31, 2021, respectively, but were not included in the computation of diluted (loss) earnings per share because the options’ exercise price was greater than the average market price of the Company’s common stock. Options to purchase shares of the Company’s common stock at prices ranging from $ to $ per share were outstanding during the three and six months ended December 31, 2020, respectively, but were not included in the computation of diluted (loss) earnings per share because the options’ exercise price was greater than the average market price of the Company’s common stock. The options, which expire at various dates through November 4, 2030, were still outstanding as of December 31, 2021.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	6 Months Ended
	Dec. 31, 2021
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	14. Supplemental cash flow information The following table presents supplemental cash flow disclosures for the three and six months ended December 31, 2021 and 2020: Three months ended Six months ended December 31, December 31, 2021 2020 2021 2020 Cash received from interest $ 306 $ 714 $ 688 $ 1,209 Cash paid for interest $ 876 $ 636 $ 1,680 $ 1,544 Cash paid for income taxes $ 279 $ 765 $ 290 $ 16,171 14. Supplemental cash flow information (continued) Disaggregation of cash, cash equivalents and restricted cash Cash, cash equivalents and restricted cash included on the Company’s unaudited condensed consolidated statement of cash flows includes restricted cash related to cash withdrawn from the Company’s various debt facilities to fund ATMs. This cash may only be used to fund ATMs and is considered restricted as to use and therefore is classified as restricted cash. Cash, cash equivalents and restricted cash also includes cash in certain bank accounts that have been ceded to Nedbank. As this cash has been pledged and ceded it may not be drawn and is considered restricted as to use and therefore is classified as restricted cash as well. Refer to Note 8 for additional information regarding the Company’s facilities. The following table presents the disaggregation of cash, cash equivalents and restricted cash as of December 31, 2021 and 2020, and June 30, 2021: December 31, 2021 December 31, 2020 June 30, 2021 Cash and cash equivalents $ 182,356 $ 206,251 $ 198,572 Restricted cash 57,788 60,803 25,193 Cash, cash equivalents and restricted cash $ 240,144 $ 267,054 $ 223,765 Leases The following table presents supplemental cash flow disclosure related to leases for the three and six months ended December 31, 2021 and 2020: Three months ended December 31, Six months ended December 31, 2021 2020 2021 2020 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 838 $ 1,007 $ 1,763 $ 1,879 Right-of-use assets obtained in exchange for lease obligations Operating leases $ 514 $ 90 $ 1,018 $ 90

Revenue Recognition

Revenue Recognition	6 Months Ended
	Dec. 31, 2021
Revenue Recognition [Abstract]
Revenue Recognition	15. Revenue recognition Disaggregation of revenue The following table presents the Company’s revenue disaggregated by major revenue streams, including a reconciliation to operating segments for the three months ended December 31, 2021: Consumer Merchant Other Total Processing fees $ 7,801 $ 8,489 $ 396 $ 16,686 South Africa 7,801 8,489 - 16,290 Rest of world - - 396 396 Technology products 80 3,021 - 3,101 Telecom products and services - 2,030 - 2,030 Lending revenue 5,181 - - 5,181 Insurance revenue 2,034 - - 2,034 Account holder fees 1,378 - - 1,378 Other 165 539 - 704 Total revenue, derived from the following geographic locations 16,639 14,079 396 31,114 South Africa 16,639 14,079 - 30,718 Rest of world $ - $ - $ 396 $ 396 Consumer Merchant Other Total Processing fees $ 7,697 $ 6,755 $ 878 $ 15,330 South Africa (1) 7,697 6,755 - 14,452 Rest of world - - 878 878 Technology products 71 5,010 - 5,081 Telecom products and services - 3,148 - 3,148 Lending revenue 5,288 - - 5,288 Insurance revenue 1,613 - - 1,613 Account holder fees 1,273 - - 1,273 Other 317 255 - 572 Total revenue, derived from the following geographic locations 16,259 15,168 878 32,305 South Africa 16,259 15,168 - 31,427 Rest of world $ - $ - $ 878 $ 878 The following table presents the Company’s revenue disaggregated by major revenue streams, including a reconciliation to operating segments for the six months ended December 31, 2021: Consumer Merchant Other Total Processing fees $ 15,460 $ 16,497 $ 823 $ 32,780 South Africa 15,460 16,497 - 31,957 Rest of world - - 823 823 Technology products 212 7,974 - 8,186 Telecom products and services - 4,307 - 4,307 Lending revenue 10,557 - - 10,557 Insurance revenue 4,227 - - 4,227 Account holder fees 2,821 - - 2,821 Other 526 2,214 - 2,740 Total revenue, derived from the following geographic locations 33,803 30,992 823 65,618 South Africa 33,803 30,992 - 64,795 Rest of world $ - $ - $ 823 $ 823 The following table presents the Company’s revenue disaggregated by major revenue streams, including a reconciliation to operating segments for the six months ended December 31, 2020: Consumer Merchant Other Total Processing fees $ 16,139 $ 13,686 $ 2,434 $ 32,259 South Africa (1) 16,139 13,686 - 29,825 Rest of world - - 2,434 2,434 Technology products 71 11,544 - 11,615 Telecom products and services - 7,570 - 7,570 Lending revenue 9,488 - - 9,488 Insurance revenue 3,070 - - 3,070 Account holder fees 2,456 - - 2,456 Other 407 576 - 983 Total revenue, derived from the following geographic locations 31,631 33,376 2,434 67,441 South Africa 31,631 33,376 - 65,007 Rest of world $ - $ - $ 2,434 $ 2,434

Leases

Leases	6 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Leases	16. Leases The Company has entered into leasing arrangements classified as operating leases under accounting guidance. These leasing arrangements relate primarily to the lease of its corporate head office, administration offices and branch locations through which the Company operates its financial services business in South Africa. The Company’s operating leases have remaining lease terms of between one five years. The Company also operates parts of its financial services 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 December 31, 2021 and 2020 was $ 0.8 million and $ 1.0 million, respectively. The Company’s operating lease expense during the six months ended December 31, 2021 and 2020 was $ 1.8 million and $ 1.9 million, respectively. The Company does not have any significant leases that have not commenced as of December 31, 2021 . The Company has also entered into short-term leasing arrangements, primarily for the lease of branch locations and other locations, to operate its financial services business in South Africa. The Company’s short-term lease expense during the three months ended December 31, 2021 and 2020 , was $ 1.3 million and $ 0.9 million, respectively. The Company’s short-term lease expense during the six months ended December 31, 2021 and 2020 , was $ 2.6 million and $ 2.0 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 December 31, 2021 and June 30, 2021 : December 31, June 30, 2021 2021 Right of use assets obtained in exchange for lease obligations: Weighted average remaining lease term (years) 2.91 3.94 Weighted average discount rate (percent) 9.6 9.3 The maturities of the Company’s operating lease liabilities as of December 31, 2021, are presented below: Maturities of operating lease liabilities Year ended June 30, 2022 (excluding six months to December 31, 2021) $ 1,635 2023 1,573 2024 712 2025 202 2026 - Thereafter - Total undiscounted operating lease liabilities 4,122 Less imputed interest 325 Total operating lease liabilities, included in 3,797 Operating lease liability - current 2,516 Operating lease liability - long-term $ 1,281

Operating Segments

Operating Segments	6 Months Ended
	Dec. 31, 2021
Operating Segments [Abstract]
Operating Segments	17. Operating segments Change to internal reporting structure and restatement of previously reported information During November 2021, the Company’s chief operating decision maker changed the Company’s operating and internal reporting structures following the establishment of a new management team and the Company’s decision to focus primarily on the South African market. The chief operating decision maker has decided to analyze the Company’s operating performance primarily based on operational lines which group financial services provided to customers (consumers) into the Consumer operating segment and goods and services provided to corporate and other juristic entities into the Merchant operating segment. Reallocation of certain activities among operating segments During the second quarter of fiscal 2022, the Company reorganized its operating segments by combining financial services provided to consumers (primarily individuals) from the Financial services operating segment with processing activities provided for customers within the Consumer operating segment, and by allocating processing activities performed for merchants (primarily corporate and juristic customers) from the Processing operating segment to the Merchant operating segment. Sales of hardware and licenses to customers (primarily corporate entities) included in the Technology operating segment have been allocated to the Merchant operating segment. Lastly, processing activities performed outside of South Africa have been allocated from the Processing operating segment to the Other operating segment. Segment results for the three and six months ended December 31, 2021, reflect these changes to the operating segments. Previously reported information has been restated. 17. Operating segments (continued) Operating segments The Company discloses segment information as reflected in the management information systems reports that its chief operating decision maker uses in making decisions and to report certain entity-wide disclosures about products and services, and the countries in which the entity holds material assets or reports material revenues. The Company currently has three reportable segments: Consumer, Merchant and Other. Consumer and Merchant operate mainly within South Africa and certain of the Company’s current and legacy activities outside of South Africa have been allocated to our Other operating segment. The Company’s reportable segments offer different products and services and require different resources and marketing strategies but share the Company’s assets. The Consumer segment includes activities related to the provision of financial services to customers, including a bank account, loans and insurance products. The Company charges monthly administration fees for all bank accounts. Customers that have a bank account managed by the Company are issued cards that can be utilized to withdraw funds at an ATM or to transact at a merchant point of sale device (“POS”). The Company earns processing fees from transactions processed for these customers. The Company also earns fees on transactions performed by other banks’ customers utilizing its ATM or POS. The Company provides short-term loans to customers in South Africa for which it earns initiation and monthly service fees. The Company writes life insurance contracts, primarily funeral-benefit policies, and policy holders pay the Company a monthly insurance premium. The Merchant segment includes activities related to the provision of goods and services provided to corporate and other juristic entities. The Company earns fees from processing activities performed for its customers and revenue generated from the distribution of prepaid airtime. The Company provides its customers with transaction processing services that involve the collection, transmittal and retrieval of all transaction data. This segment also includes sales of hardware and licenses to customers. Hardware includes the sale of POS devices, SIM cards and other consumables which can occur on an ad hoc basis. Licenses include the right to use certain technology developed by the Company. The Other segment includes our operations outside South Africa and IPG’s processing activities for the applicable period through to the year ended June 30, 2021. Corporate/Eliminations includes the Company’s head office cost center and the amortization of acquisition-related intangible assets. 17. Operating segments (continued) Operating segments (continued) The reconciliation of the reportable segment’s revenue to revenue from external customers for the three months ended December 31, 2021 and 2020, is as follows: Revenue Reportable Segment Inter-segment From external customers Consumer $ 16,639 $ - $ 16,639 Merchant 14,102 23 14,079 Other 396 - 396 Total for the three months ended December 31, 2021 $ 31,137 $ 23 $ 31,114 Consumer $ 16,259 $ - $ 16,259 Merchant 15,206 38 15,168 Other 878 - 878 Total for the three months ended December 31, 2020 $ 32,343 $ 38 $ 32,305 The reconciliation of the reportable segment’s revenue to revenue from external customers for the six months ended December 31, 2021 and 2020, is as follows: Revenue Reportable Segment Inter-segment From external customers Consumer $ 33,803 $ - $ 33,803 Merchant 31,174 182 30,992 Other 823 - 823 Total for the six months ended December 31, 2021 $ 65,800 $ 182 $ 65,618 Consumer $ 31,631 $ - $ 31,631 Merchant 33,452 76 33,376 Other 2,434 - 2,434 Total for the six months ended December 31, 2020 $ 67,517 $ 76 $ 67,441 The Company evaluates segment performance based on segment earnings before interest, tax, depreciation and amortization (“EBITDA”), adjusted for items mentioned in the next sentence (“Segment Adjusted EBITDA”). The Company does not allocate depreciation and amortization, impairment of goodwill or other intangible assets, certain lease charges (“Lease adjustments”), non-recurring items (including gains or losses on disposal of investments, fair value adjustments to equity securities, fair value adjustments to currency options), interest income, interest expense, income tax expense or loss from equity-accounted investments to its reportable segments. The Lease adjustments reflects lease charge excluded from the calculation of Segment Adjusted EBITDA and are therefore reported as a reconciling item to reconcile the reportable segments Segment Adjusted EBITDA to the Company’s loss before income tax expense. 17. Operating segments (continued) Operating segments (continued) The reconciliation of the reportable segments measures of profit or loss to income before income taxes for the three and six months ended December 31, 2021 and 2020, is as follows: Three months ended Six months ended December 31, December 31, 2021 2020 2021 2020 Reportable segments measure of profit or loss $ ( 3,633) $ ( 8,326) $ ( 11,059) $ ( 14,557) Operating loss: Corporate/Eliminations ( 4,235) ( 4,743) ( 6,215) ( 7,539) Lease adjustments ( 833) ( 1,062) ( 1,757) ( 1,887) Depreciation and amortization ( 726) ( 1,074) ( 1,621) ( 1,997) Change in fair value of equity securities - 15,128 - 15,128 Unrealized loss related to fair value adjustment to currency options ( 2,429) - ( 2,429) - Loss on disposal of equity-accounted investment - Bank Frick - ( 13) - ( 13) Interest income 313 717 702 1,328 Interest expense ( 765) ( 677) ( 1,581) ( 1,424) Loss before income taxes $ ( 12,308) $ ( 50) $ ( 23,960) $ ( 10,961) The following tables summarize supplemental segment information for the three and six months ended December 31, 2021 and 2020: Three months ended Six months ended December 31, December 31, 2021 2020 2021 2020 Revenues Consumer $ 16,639 $ 16,259 $ 33,803 $ 31,631 Merchant 14,102 15,206 31,174 33,452 Other 396 878 823 2,434 Total 31,137 32,343 65,800 67,517 EBITDA Consumer ( 4,551) ( 5,214) ( 14,005) ( 11,785) Merchant 795 1,227 2,680 4,198 Other 123 ( 4,339) 266 ( 6,970) Segment Adjusted EBITDA ( 3,633) ( 8,326) ( 11,059) ( 14,557) Corporate/Eliminations ( 4,235) ( 4,743) ( 6,215) ( 7,539) Subtotal ( 7,868) ( 13,069) ( 17,274) ( 22,096) Less: Lease adjustments 833 1,062 1,757 1,887 Less: Depreciation and amortization 726 1,074 1,621 1,997 Total operating loss ( 9,427) ( 15,205) ( 20,652) ( 25,980) Depreciation and amortization Consumer 499 804 1,151 1,477 Merchant 196 163 406 311 Other 15 19 30 40 Subtotal: Operating segments 710 986 1,587 1,828 Corporate/Eliminations 16 88 34 169 Total 726 1,074 1,621 1,997 Expenditures for long-lived assets Consumer 168 3,002 810 3,244 Merchant 20 21 76 31 Other 1 - 1 23 Subtotal: Operating segments 189 3,023 887 3,298 Corporate/Eliminations - - - - Total $ 189 $ 3,023 $ 887 $ 3,298 17. Operating segments (continued) Operating segments (continued) The segment information as reviewed by the chief operating decision maker does not include a measure of segment assets per segment as all of the significant assets are used in the operations of all, rather than any one, of the segments. The Company does not have dedicated assets assigned to a particular operating segment. Accordingly, it is not meaningful to attempt an arbitrary allocation and segment asset allocation is therefore not presented.

Income Tax

Income Tax	6 Months Ended
	Dec. 31, 2021
Income Tax [Abstract]
Income Tax	18. Income tax Income tax in interim periods For the purposes of interim financial reporting, the Company determines the appropriate income tax provision by first applying the effective tax rate expected to be applicable for the full fiscal year to ordinary income. This amount is then adjusted for the tax effect of significant unusual items, for instance, changes in tax law, valuation allowances and non-deductible transaction-related expenses that are reported separately, and have an impact on the tax charge. The cumulative effect of any change in the enacted tax rate, if and when applicable, on the opening balance of deferred tax assets and liabilities is also included in the tax charge as a discrete event in the interim period in which the enactment date occurs. For the three and six months ended December 31, 2021, the Company’s effective tax rate was impacted by the tax effect of the change in the fair value of our equity securities (refer to Note 5), the tax expense recorded by the Company’s profitable South African operations, non-deductible expenses, the on-going losses incurred by certain of the Company’s South African businesses and the associated valuation allowances created related to the deferred tax assets recognized regarding net operating losses incurred by these entities (including the unrealized loss on the foreign currency options (refer to Note 4)). For the three months ended December 31, 2020, the Company’s effective tax rate was impacted by the tax effect of the change in the fair value of our equity securities (refer to Note 5), which is at a lower tax rate than the South African statutory rate, which was partially offset by the tax expense recorded by the Company’s profitable South African operations, non-deductible expenses, the on-going losses incurred by IPG and certain of the Company’s South African businesses and the associated valuation allowances created related to the deferred tax assets recognized regarding net operating losses incurred by these entities. For the six months ended December 31, 2020, the Company’s effective tax rate was impacted by the tax effect of the change in fair value referred to above, tax expense recorded by the Company’s profitable South African operations, non-deductible expenses, the on-going losses incurred by IPG and certain of the Company’s South African businesses and the associated valuation allowances created related to the deferred tax assets recognized regarding net operating losses incurred by these entities, which was partially offset by the reversal of the deferred tax liability related to one of the Company’s equity-accounted investments following its impairment (refer to Note 5). Uncertain tax positions The Company had no significant uncertain tax positions during the three months ended December 31, 2021, and therefore, the Company had no accrued interest related to uncertain tax positions on its balance sheet. The Company does not expect changes related to its unrecognized tax benefits will have a significant impact on its results of operations or financial position in the next 12 months. The Company has no unrecognized tax benefits. The Company files income tax returns mainly in South Africa, Germany, Hong Kong, India, the United Kingdom, Botswana and in the U.S. federal jurisdiction. As of December 31, 2021, the Company’s South African subsidiaries are no longer subject to income tax examination by the South African Revenue Service for periods before June 30, 2017. The Company is subject to income tax in other jurisdictions outside South Africa, none of which are individually material to its financial position, statement of cash flows, or results of operations.

Commitments And Contingencies

Commitments And Contingencies	6 Months Ended
	Dec. 31, 2021
Commitments And Contingencies [Abstract]
Commitments And Contingencies	19. Commitments and contingencies Guarantees The South African Revenue Service and certain of the Company’s customers, suppliers and other business partners have asked the Company to provide them with guarantees, including standby letters of credit, issued by a South African bank. The Company is required to procure these guarantees for these third parties to operate its business. Nedbank has issued guarantees to these third parties amounting to ZAR 156.6 million ($ 9.8 million, translated at exchange rates applicable as of December 31, 2021) thereby utilizing part of the Company’s short-term facilities. The Company pays commission of between 0.4% per annum to 1.82% per annum of the face value of these guarantees and does not recover any of the commission from third parties. 19. Commitments and contingencies (continued) Guarantees (continued) The Company has not recognized any obligation related to these guarantees in its consolidated balance sheet as of December 31, 2021. The maximum potential amount that the Company could pay under these guarantees is ZAR 156.6 million ($ 9.8 million, translated at exchange rates applicable as of December 31, 2021). As discussed in Note 8, the Company has ceded and pledged certain bank accounts to Nedbank as security for these guarantees with an aggregate value of ZAR 156.6 million ($ 9.8 million translated at exchange rates applicable as of December 31, 2021). The guarantees have reduced the amount available under its indirect and derivative facilities in the Company’s short-term credit facility described in Note 8. Contingencies The Company is subject to a variety of insignificant claims and suits that arise from time to time in the ordinary course of business. Management currently believes that the resolution of these other matters, individually or in the aggregate, will not have a material adverse impact on the Company’s financial position, results of operations or cash flows.

Subsequent Events

Subsequent Events	6 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	20. Subsequent events Commencement of financial services restructuring in January 2022 The Company has incurred significant losses since its contract to distribute social grants expired in September 2018. A strategic imperative for the Company is to return its South African financial services business to breakeven and then profitability as soon as possible. As part of a cost optimization process completed in late calendar 2021, the Company performed a review of its labor structure and determined that a number of its defined employee roles would need to be terminated due to redundancy. The Company therefore determined to embark on a retrenchment process pursuant to Section 189A of the South African Labour Relations Act (“Labour Act”). The Section 189A process requires an employer, before retrenching, to consult with any person affected by the retrenchment process for 60 days and the Company commenced this process on January 10, 2022. Depending on the nature and outcome of the retrenchment process, the Company expects to incur cash costs during the third quarter of fiscal 2022 of between ZAR 85.0 million to ZAR 105.0 million, or USD 5.5 million to USD 6.7 million at the USD/ ZAR exchange rate of USD 1: ZAR 15.57, principally consisting of severance and related payments. This process, along with significant other operational cost savings initiatives, are designed to support the sustainability of the financial services business in the long-term. Agreement to acquire a controlling interest in the Connect Group – January 2022 definitive loan agreements signed On October 31, 2021, the Company entered into a Sale of Shares Agreement (the “Sale Agreement”) with the Sellers (as defined in the Sale Agreement), Cash Connect Management Solutions Proprietary Limited (“CCMS”), Ovobix (RF) Proprietary Limited (“Ovobix”), Luxiano 227 Proprietary Limited (“Luxiano”) and K2021477132 (South Africa) Proprietary Limited (“K2021” and together with CCMS, Ovobix and Luxiano, the “Target Companies”). Pursuant to the Sale Agreement, and subject to its terms and conditions, the Company’s wholly-owned subsidiary, Net1 SA, agreed to acquire, and the Sellers agreed to sell, all of the outstanding equity interests and certain claims in the Target Companies. The Company has guaranteed the performance of Net1 SA’s obligations under the Sale Agreement. Subject to the terms and conditions set forth in the Sale Agreement, at the closing of the transaction, the Sellers shall receive consideration of ZAR 3.7 billion, after deducting an aggregate amount of ZAR 175.9 million representing awards to certain members of management, subject to certain adjustments. The ZAR 3.7 billion includes 3,065,883 shares of common stock to be issued in three tranches on each of the first, second and third anniversaries of the closing. The Sale Agreement also includes a purchase price escalator that is intended to reflect an assumed increase in Enterprise Value (as defined in the Sale Agreement) from March 1, 2021, through closing at the rate of 3.05% per annum. The Sale Agreement includes customary covenants from the Sellers, including (i) to conduct the business in the ordinary course during the period between the execution of the Sale Agreement and the closing of the transactions contemplated thereby, and (ii) not to engage in certain kinds of transactions during such period. The closing of the transaction is subject to customary closing conditions, including (i) approval from the competition authorities of South Africa, Namibia and Botswana, (ii) exchange control approval from the financial surveillance department of the South African Reserve Bank, and (iii) obtaining certain third-party consents. In addition, the closing of the transaction is subject to entry into definitive agreements by Net1 SA for an aggregate of ZAR 2.35 billion in debt financing to be provided by Rand Merchant Bank and satisfying the conditions precedent for funding thereunder, of which ZAR 1.1 billion relates to the financing agreements described below and ZAR 1.25 billion related to finance agreements signed between CCMS and RMB. The definitive loan agreements were entered into on January 24, 2022 but remain subject to conditions precedent. 20. Subsequent events (continued) Agreement to acquire a controlling interest in the Connect Group – January 2022 definitive loan agreements signed (continued) On January 24, 2022, Net1, through Net1 SA, entered into a Fourth Amendment and Restatement Agreement, which includes, among other agreements, an Amended and Restated Common Terms Agreement, a Senior Facility G Agreement and a Senior Facility H Agreement (collectively, the “Loan Documents”) with RMB and Main Street 1692 (RF) Proprietary Limited (“Debt Guarantor”), a South African company incorporated for the sole purpose of holding collateral for the benefit of the Lenders and acting as debt guarantor, and certain other parties. Net1 agreed to guarantee the obligations of Net1 SA to the Lenders. The Loan Documents will become effective upon closing the transaction to acquire the Target Companies. The Loan Documents contain customary covenants that require Net1 SA to maintain a specified total asset cover ratio, maintain group cash balances (as defined in the Loan Documents) above ZAR 300.0 million, and restrict the ability of Net1, Net1 SA, and certain of its subsidiaries to make certain distributions with respect to their capital stock, prepay other debt, encumber their assets, incur additional indebtedness, make investment above specified levels, engage in certain business combinations and engage in other corporate activities. Pursuant to the Senior Facility G Agreement, Net1 SA may borrow up to an aggregate of ZAR 750.0 million (“Facility G”) for the sole purposes of funding the acquisition of the Target Companies and paying transaction costs. Facility G is required to be repaid on the date which is 18 months after the first utilization of Facility G. Interest on Facility G is payable quarterly in arrears based on the 3-month Johannesburg Interbank Agreed Rate (“JIBAR”) in effect from time to time plus a margin of (i) 3.00% per annum for the first nine months occurring after the effective date (as defined in the Loan Documents); and then (ii) from the date after the nine month period in (i), (x) 2.50% per annum if the Facility G balance outstanding is less than or equal to ZAR 250.0 million, or (y) 3.00% per annum if the Facility G balance is between ZAR 250.0 million to ZAR 450.0 million, or (z) 3.50% per annum if the Facility G balance is greater than ZAR 450.0 million. The JIBAR rate was 3.89% on January 24, 2022. Net1 SA will pay a non-refundable deal origination fee of ZAR 11.25 million to the Lenders related to Facility G. Pursuant to the Senior Facility H Agreement (“Facility H Agreement”), Net1 SA may borrow up to an aggregate of ZAR 350.0 million (“Facility H”) for the sole purposes of funding the acquisition of the Target Companies and paying transaction costs. Facility H is required to be repaid on the date which is 18 months after the first utilization of Facility H. Interest on Facility H is payable quarterly in arrears based on JIBAR in effect from time to time plus a margin of 2.00% per annum and increase by a further 2.00% per annum in the event of default (as defined in the Loan Documents). Net1 SA will pay a non-refundable deal origination fee of ZAR 5.25 million to the Lenders related to Facility H. The Facility H Agreement provides the Lenders with a right to discuss the capitalization of the Net1 group with its management and Value Capital Partners Proprietary Limited (“VCP”) if Net1’s market capitalization on the NASDAQ Stock Market (based on the closing price on the NASDAQ Stock Market) on any day falls below the USD equivalent of ZAR 3.250 billion. VCP is required to maintain an asset cover ratio above 5.00:1.00, calculated as the total VCP investment fund net asset value (as defined in the Facility H agreement) divided by the Facility H borrowings outstanding, measured as of March, June, September and December each year (as applicable) (each a “Measurement Date”). The Lenders require Net1 SA to deliver a compliance certificate procured from VCP as of each applicable Measurement Date, which shows the computation of the asset cover ratio. If certain conditions related to Net1 SA’s debt financing are not satisfied by their respective due dates for fulfilment for any reason, Net1 SA agreed to pay to the Sellers an amount of ZAR 50,000,000. If certain undertakings by the Sellers are not completed by their respective due dates for fulfilment for any reason and the Sale Agreement is terminated, the Seller responsible for such failure will pay to Net1 SA an amount of ZAR 50,000,000. The Sale Agreement may be terminated under certain customary and limited circumstances at any time prior to the closing of the transactions contemplated thereby.

Basis Of Presentation And Sum_2

Basis Of Presentation And Summary Of Significant Accounting Policies (Policy)	6 Months Ended
	Dec. 31, 2021
Basis Of Presentation And Summary Of Significant Accounting Policies [Abstract]
Unaudited Interim Financial Information	Unaudited Interim Financial Information The accompanying unaudited condensed consolidated financial statements include all majority-owned subsidiaries over which the Company exercises control and have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and the rules and regulations of the United States Securities and Exchange Commission for Quarterly Reports on Form 10-Q and include all of the information and disclosures required for interim financial reporting. The results of operations for the three and six months ended December 31, 2021 and 2020, are not necessarily indicative of the results for the full year. The Company believes that the disclosures are adequate to make the information presented not misleading. These unaudited condensed consolidated financial statements should be read in conjunction with the financial statements, accounting policies and financial notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2021. In the opinion of management, the accompanying unaudited condensed consolidated financial statements reflect all adjustments (consisting only of normal recurring adjustments), which are necessary for a fair representation of financial results for the interim periods presented. References to “Net1” are references solely to Net 1 UEPS Technologies, Inc. References to the “Company” refer to Net1 and its consolidated subsidiaries, collectively, unless the context otherwise requires.
Impact Of COVID-19 On The Company's Business	Impact of COVID-19 on the Company’s business The Company’s business has been, and continues to be, impacted by government restrictions and quarantines related to COVID-19. South Africa operates with a five-level COVID-19 alert system, with Level 1 being the least restrictive and Level 5 being the most restrictive. South Africa is currently at adjusted Level 1, which has a limited impact on the Company’s businesses. The South African government commenced its vaccination program in early calendar 2021, and the latest statistics indicate that around 40% of the population is fully vaccinated. During the recent fourth wave, which started in December 2021, South Africa remained on adjusted level 1. The broader implications of COVID-19 on the Company’s results of operations and overall financial performance continue to remain uncertain. While the Company has not incurred significant disruptions thus far from the COVID-19 outbreak, apart from the two months in April and May 2020 when loan origination was curtailed, the Company is unable to accurately predict the impact that COVID-19 will have due to numerous uncertainties, including the severity and duration of the outbreak, actions that may be taken by governmental authorities, the impact on the Company’s customers and other factors. The Company will continue to evaluate the nature and extent of the impact on its business, consolidated results of operations, and financial condition. July 2021 civil unrest in South Africa Two of South Africa’s nine provinces experienced significant civil unrest in July 2021 resulting in mass looting, loss of life, disruption of transport and supply routes, and widespread destruction of property. In total 337 South Africans lost their lives in the unrest - fortunately none of the Company’s employees were injured or harmed. There was widespread damage to bank and ATM infrastructure in the affected provinces. In total approximately 1,800 ATMs and 300 branches were damaged, and the Banking Association of South Africa (“BASA”), estimates that total damage to banking infrastructure amounted to ZAR 1.6 billion. The South African Special Risks Insurance Association (“SASRIA”), a public enterprise and a non-life insurance company that provides coverage for damage caused by special risks such as politically motivated malicious acts, riots, strikes, terrorism and public disorders, estimates that the total damage to property across South Africa will be in the order of between ZAR 19.0 and ZAR 20.0 billion. The Company suffered damage at 19 of its branches and to 173 ATMs. The disruption and related closure of branches also impacted the Company’s efforts to grow EPE customer numbers. The Company also saw an impact on transaction volumes through its ATMs with July 2021 volumes 13% lower than June 2021, and August 2021 3% lower than July 2021. The Company estimates that it will cost approximately ZAR 40.0 million to repair its branches and damaged ATMs and to replace ATMs that have been destroyed. The Company believes that these losses suffered through destruction of property will be fully covered under its various insurance policies, through the government backed SASRIA cover, and received ZAR 26.0 million from SASRIA during the three and six months ended December 31, 2021. As a result of the disruption to ATM coverage and availability, BASA and South Africa’s banks agreed that the fee which customers pay to utilize other banks’ ATMs would be waived for August and September 2021. The Company lost transaction fee revenue of approximately ZAR 6.0. million ($ 0.4 million) during the six months ended December 31, 2021, as a result of this decision. 1. Basis of Presentation and Summary of Significant Accounting Policies (continued)
Recent Accounting Pronouncements Adopted	Recent accounting pronouncements adopted In August 2018, the Financial Accounting Standards Board (“FASB”) issued guidance regarding Disclosure Framework: Changes to the Disclosure Requirements for Fair Value Measurement. The guidance modifies the disclosure requirements related to fair value measurement. The guidance became effective for the Company beginning July 1, 2021. The adoption of this guidance did not have a material impact on the Company’s financial statements or its footnote disclosures. In January 2020, the FASB issued guidance regarding Clarifying the Interactions Between Topic 321, Topic 323, and Topic 815. The guidance clarifies that an entity should consider observable transactions that require an entity to either apply or discontinue the equity method of accounting for the purposes of applying the measurement alternative in accordance with U.S GAAP guidance immediately before applying or upon discontinuing the equity method. The guidance also clarifies that, when determining the accounting for certain forward contracts and purchased options an entity should not consider, whether upon settlement or exercise, if the underlying securities would be accounted for under the equity method or fair value option. The guidance became effective for the Company beginning July 1, 2021. The adoption of this guidance did not have a material impact on the Company’s financial statements or its footnote disclosures. Recent accounting pronouncements not yet adopted as of December 31, 2021 In June 2016, the FASB issued guidance regarding Measurement of Credit Losses on Financial Instruments . The guidance replaces the incurred loss impairment methodology in current GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. For trade and other receivables, loans, and other financial instruments, an entity is required to use a forward-looking expected loss model rather than the incurred loss model for recognizing credit losses, which reflects losses that are probable. Credit losses relating to available-for-sale debt securities will also be recorded through an allowance for credit losses rather than as a reduction in the amortized cost basis of the securities. This guidance is effective for the Company beginning July 1, 2023. The Company is currently assessing the impact of this guidance on its financial statements and related disclosures, but does not expect the impact on its financial results to be material. In November 2019, the FASB issued guidance regarding Financial Instruments—Credit Losses (Topic 326), Derivatives and Hedging(Topic 815), and Leases (Topic 842). The guidance provides a framework to stagger effective dates for future major accounting standards and amends the effective dates for certain major new accounting standards to give implementation relief to certain types of entities, including Smaller Reporting Companies. The Company is a Smaller Reporting Company. Specifically, the guidance changes some effective dates for certain new standards on the following topics in the FASB Codification, namely Derivatives and Hedging (ASC 815); Leases (ASC 842); Financial Instruments — Credit Losses (ASC 326); and Intangibles — Goodwill and Other (ASC 350). The guidance defers the adoption date of guidance regarding Measurement of Credit Losses on Financial Instruments by the Company from July 1, 2020 to July 1, 2023. The Company is currently assessing the impact of this guidance on its financial statements and related disclosures, but does not expect the impact on its financial results to be material.

Accounts Receivable, Net And _2

Accounts Receivable, Net And Other Receivables And Finance Loans Receivable, Net (Tables)	6 Months Ended
	Dec. 31, 2021
Accounts Receivable, Net And Other Receivables And Finance Loans Receivable, Net [Abstract]
Schedule Of Accounts Receivable, Net And Other Receivables	December 31, June 30, 2021 2021 Accounts receivable, trade, net $ 8,807 $ 10,493 Accounts receivable, trade, gross 9,231 10,760 Allowance for doubtful accounts receivable, end of period 424 267 Beginning of period 267 253 Reversed to statement of operations ( 1) ( 182) Charged to statement of operations 201 232 Utilized ( 3) ( 59) Foreign currency adjustment ( 40) 23 Current portion of amount outstanding related to sale of interest in Bank Frick 3,890 7,500 Loans provided to Carbon - - Current portion of total held to maturity investments - - Investment in 7.625% of Cedar Cellular Investment 1 (RF) (Pty) Ltd 8.625% notes - - Other receivables 8,004 8,590 Total accounts receivable, net and other receivables $ 20,701 $ 26,583
Summary Of Contractual Maturity Of Investment	Cost basis Estimated fair value (1) Due in one year or less $ - $ - Due in one year through five years (2) - - Due in five years through ten years - - Due after ten years - - Total $ - $ - (1) The estimated fair value of the Cedar Cellular note has been calculated utilizing the Company’s portion of the security provided to the Company by Cedar Cellular, namely, Cedar Cellular’s investment in Cell C. (2) The cost basis is zero ($ 0.0 million).
Schedule Of Finance Loans Receivable, Net	December 31, June 30, 2021 2021 Microlending finance loans receivable, net $ 21,571 $ 21,142 Microlending finance loans receivable, gross 23,968 23,491 Allowance for doubtful finance loans receivable, end of period 2,397 2,349 Beginning of period 2,349 1,858 Reversed to statement of operations - ( 1,004) Charged to statement of operations 926 2,060 Utilized ( 619) ( 967) Foreign currency adjustment ( 259) 402 Total finance loans receivable, net $ 21,571 $ 21,142

Inventory (Tables)

Inventory (Tables)	6 Months Ended
	Dec. 31, 2021
Inventory [Abstract]
Schedule Of Inventory	December 31, June 30, 2021 2020 Finished goods $ 20,005 $ 22,361 $ 20,005 $ 22,361

Fair Value Of Financial Instr_2

Fair Value Of Financial Instruments (Tables)	6 Months Ended
	Dec. 31, 2021
Fair Value Of Financial Instruments [Abstract]
Schedule Of Key Valuation Inputs Used To Measure Fair Value Of Investment In Cell C	Weighted Average Cost of Capital ("WACC"): Between 18% and 24% over the period of the forecast Long term growth rate: 3% ( 3% as of June 30, 2021) Marketability discount: 10% Minority discount: 15% Net adjusted external debt - December 31, 2021: (1) ZAR 11.5 billion ($ 0.7 billion), no lease liabilities included Net adjusted external debt - June 30, 2021: (2) ZAR 11.2 billion ($ 0.8 billion), no lease liabilities included (1) translated from ZAR to U.S. dollars at exchange rates applicable as of December 31, 2021. (2) translated from ZAR to U.S. dollars at exchange rates applicable as of June 30, 2021.
Schedule Of Impact On Carrying Value Of Cell C Investment	Sensitivity for fair value of Cell C investment 4.2% increase 3.1% decrease WACC rate $ - $ 294 EBITDA margin $ 400 $ -
Schedule Of Outstanding Foreign Exchange Contracts	The Company’s outstanding foreign exchange contracts as of June 30,2021, were as follows: Notional amount ('000) Strike price Fair market Maturity EUR 5.7 USD 1.1911 USD 1.1859 July 02, 2021 The Company’s outstanding foreign exchange option contracts as of December 31, 2021, were as follows: Notional amount ('000) Strike price Fair market Maturity Purchased put options USD 30,000,000.0 ZAR 15.5570 ZAR 15.3841 February 24, 2022 USD 20,000,000.0 ZAR 15.6470 ZAR 15.4430 February 24, 2022 USD 20,000,000.0 ZAR 15.4361 ZAR 15.2997 February 24, 2022 USD 20,000,000.0 ZAR 15.8745 ZAR 15.5762 February 24, 2022 USD 30,000,000.0 ZAR 16.0158 ZAR 15.6474 February 24, 2022 Sold call options USD 30,000,000.0 ZAR 15.5570 ZAR 16.2020 February 24, 2022 USD 20,000,000.0 ZAR 15.6470 ZAR 16.2339 February 24, 2022 USD 20,000,000.0 ZAR 15.4361 ZAR 16.1645 February 24, 2022 USD 20,000,000.0 ZAR 15.8745 ZAR 16.3301 February 24, 2022 USD 30,000,000.0 ZAR 16.0158 ZAR 16.4013 February 24, 2022
Fair Value Of Assets And Liabilities Measured On Recurring Basis	Quoted Price in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Assets Investment in Cell C $ - $ - $ - $ - Related to insurance business: Cash, cash equivalents and restricted cash (included in other long-term assets) 342 - - 342 Fixed maturity investments (included in cash and cash equivalents) 2,453 - - 2,453 Total assets at fair value $ 2,795 $ - $ - $ 2,795 Liabilities Foreign exchange options - 2,343 - 2,343 Total liabilities at fair value $ - $ 2,343 $ - $ 2,343 Quoted Price in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Assets Investment in Cell C $ - $ - $ - $ - Related to insurance business Cash and cash equivalents (included in other long-term assets) 381 - - 381 Fixed maturity investments (included in cash and cash equivalents) 3,158 - - 3,158 Total assets at fair value $ 3,539 $ - $ - $ 3,539
Carrying Value Of Assets And Liabilities Measured On Recurring Basis	Carrying value Assets Balance as of June 30, 2021 $ - Foreign currency adjustment (1) - Balance as of December 31, 2021 $ - (1) The foreign currency adjustment represents the effects of the fluctuations between the ZAR and the U.S. dollar on the carrying value. Carrying value Assets Balance as of June 30, 2020 $ - Foreign currency adjustment (1) - Balance as of December 31, 2020 $ - (1) The foreign currency adjustment represents the effects of the fluctuations between the ZAR and the U.S. dollar on the carrying value.

Equity-Accounted Investments _2

Equity-Accounted Investments And Other Long-Term Assets (Tables)	6 Months Ended
	Dec. 31, 2021
Equity-Accounted Investments And Other Long-Term Assets [Abstract]
Ownership Percentage Of Equity-Accounted Investments	December 31, June 30, 2021 2021 Finbond Group Limited (“Finbond”) 31.5 % 31.5 % Carbon Tech Limited (“Carbon”) 25.0 % 25.0 % SmartSwitch Namibia (Pty) Ltd (“SmartSwitch Namibia”) 50.0 % 50.0 %
Summary Of Movement In Equity-Accounted Investments	Finbond Other (1) Total Investment in equity Balance as of June 30, 2021 $ 9,822 $ 182 $ 10,004 Stock-based compensation 9 - 9 Comprehensive loss: ( 1,800) - ( 1,800) Other comprehensive loss ( 644) - ( 644) Equity accounted loss ( 1,156) - ( 1,156) Share of net loss ( 1,156) - ( 1,156) Dividends received - ( 137) ( 137) Foreign currency adjustment (2) ( 852) ( 7) ( 859) Balance as of December 31, 2021 $ 7,179 $ 38 $ 7,217 Equity Loans Total Carrying amount as of : June 30, 2021 $ 10,004 $ - $ 10,004 December 31, 2021 $ 7,217 $ - $ 7,217 (1) Includes Carbon and SmartSwitch Namibia. (2) The foreign currency adjustment represents the effects of the fluctuations of the ZAR, Nigerian naira and Namibian dollar against the U.S. dollar on the carrying value. 5. Equity-accounted investments and other long-term assets (continued)
Summary Of Other Long-Term Asset	December 31, June 30, 2021 2021 Total equity investments $ 76,297 $ 76,297 Investment in 15% of Cell C, at fair value (Note 4) - - Investment in 10% of MobiKwik (June 30, 2021: 12%) 76,297 76,297 Investment in 87.5% of CPS (1) - - Total held to maturity investments - - Investment in 7.625% of Cedar Cellular Investment 1 (RF) (Pty) Ltd 8.625% notes (2) - - Long-term portion of amount due related to sale of interest in Bank Frick (3) - 3,890 Policy holder assets under investment contracts (Note 7) 342 381 Reinsurance assets under insurance contracts (Note 7) 1,182 1,298 Total other long-term assets $ 77,821 $ 81,866 (1) On October 16, 2020, the High Court of South Africa, Gauteng Division, Pretoria ordered that CPS be placed into liquidation. (2) The note is included in accounts receivable, net and other receivables as of December 31, 2021 (refer to Note 2). (3) Long-term portion of amount due related to sale of interest in Bank Frick as of June 30, 2021, represents the amount due from the purchaser in July 2022 and is included in accounts receivable, net, and other receivables as of December 31, 2021 (refer to Note 2).
Summary Of Unrealized Gain (Loss) On Investments	Cost basis Unrealized holding Unrealized holding Carrying gains losses value Equity securities: Investment in MobiKwik $ 26,993 $ 49,304 $ - $ 76,297 Investment in CPS - - - - Held to maturity: Investment in Cedar Cellular notes (Note 2) - - - - Total $ 26,993 $ 49,304 $ - $ 76,297 Cost basis Unrealized holding Unrealized holding Carrying gains losses value Equity securities: Investment in MobiKwik $ 26,993 $ 49,304 $ - $ 76,297 Investment in CPS - - - - Held to maturity: Investment in Cedar Cellular notes - - - - Total $ 26,993 $ 49,304 $ - $ 76,297

Goodwill And Intangible Asset_2

Goodwill And Intangible Assets, Net (Tables)	6 Months Ended
	Dec. 31, 2021
Goodwill And Intangible Assets, Net [Abstract]
Summary Of Movement In Carrying Value Of Goodwill	Gross value Accumulated impairment Carrying value Balance as of June 30, 2021 $ 42,949 $ ( 13,796) $ 29,153 Foreign currency adjustment (1) ( 3,732) 818 ( 2,914) Balance as of December 31, 2021 $ 39,217 $ ( 12,978) $ 26,239 (1) The foreign currency adjustment represents the effects of the fluctuations between the ZAR and the U.S. dollar on the carrying value.
Goodwill Allocated To Reportable Segments	Consumer Merchant Other Carrying value Balance as of June 30, 2021 $ - $ 28,496 $ 657 $ 29,153 Foreign currency adjustment (1) - ( 2,914) - ( 2,914) Balance as of December 31, 2021 $ - $ 25,582 $ 657 $ 26,239 (1) The foreign currency adjustment represents the effects of the fluctuations between the ZAR and the U.S. dollar on the carrying value.
Carrying Value And Accumulated Amortization Of Intangible Assets	As of December 31, 2021 As of June 30, 2021 Gross carrying value Accumulated amortization Net carrying value Gross carrying value Accumulated amortization Net carrying value Finite-lived intangible assets: Customer relationships $ 9,282 $ ( 9,282) $ - $ 10,340 $ ( 10,340) $ - Software and unpatented technology 1,549 ( 1,549) - 1,726 ( 1,726) - FTS patent 2,405 ( 2,405) - 2,679 ( 2,679) - Trademarks 1,809 ( 1,521) 288 2,015 ( 1,658) 357 Total finite-lived intangible assets $ 15,045 $ ( 14,757) $ 288 $ 16,760 $ ( 16,403) $ 357
Future Estimated Annual Amortization Expense	Fiscal 2022 $ 65 Fiscal 2023 65 Fiscal 2024 64 Fiscal 2025 64 Fiscal 2026 64 Total future estimated annual amortization expense $ 322

Assets And Policyholder Liabi_2

Assets And Policyholder Liabilities Under Insurance And Investment Contracts (Tables)	6 Months Ended
	Dec. 31, 2021
Assets And Policyholder Liabilities Under Insurance And Investment Contracts [Abstract]
Summary Of Movement In Reinsurance Assets And Policyholder Liabilities Under Insurance Contracts	Reinsurance Assets (1) Insurance contracts (2) Balance as of June 30, 2021 $ 1,298 $ ( 2,011) Increase in policy holder benefits under insurance contracts 1,248 5,853 Claims and decrease in policyholders’ benefits under insurance contracts ( 1,230) ( 5,936) Foreign currency adjustment (3) ( 134) 211 Balance as of December 31, 2021 $ 1,182 $ ( 1,883) (1) Included in other long-term assets (refer to Note 5); (2) Included in other long-term liabilities; (3) Represents the effects of the fluctuations of the ZAR against the U.S. dollar.
Summary Of Movement In Assets And Policyholder Liabilities Under Investment Contracts	Assets (1) Investment contracts (2) Balance as of June 30, 2021 $ 381 $ ( 381) Increase in policy holder benefits under investment contracts 114 ( 114) Claims and decrease in policyholders’ benefits under investment contracts ( 114) 114 Foreign currency adjustment (3) ( 39) 39 Balance as of December 31, 2021 $ 342 $ ( 342) (1) Included in other long-term assets (refer to Note 5); (2) Included in other long-term liabilities; (3) Represents the effects of the fluctuations of the ZAR against the U.S. dollar.

Borrowings (Tables)

Borrowings (Tables)	6 Months Ended
	Dec. 31, 2021
Borrowings [Abstract]
Summary Of Short-Term Credit Facilities	South Africa Total RMB Nedbank Short-term facilities available as of December 31, 2021 $ 87,881 $ 25,520 $ 113,401 Overdraft restricted as to use for ATM funding only 87,881 15,693 103,574 Indirect and derivative facilities - 9,827 9,827 Interest rate (%), based on South African prime rate 7.25 Interest rate (%), based on South African prime rate less 1.15% 6.10 Movement in utilized overdraft facilities: Balance as of June 30, 2021 14,245 - 14,245 Utilized 310,001 1,349 311,350 Repaid ( 270,354) ( 1,322) ( 271,676) Foreign currency adjustment (1) ( 5,932) ( 27) ( 5,959) Balance as of December 31, 2021 47,960 - 47,960 Restricted as to use for ATM funding only 47,960 - 47,960 Movement in utilized indirect and derivative facilities: Balance as of June 30, 2021 (2) - 10,947 10,947 Foreign currency adjustment (1) - ( 1,120) ( 1,120) Balance as of December 31, 2021 (2) $ - $ 9,827 $ 9,827 (1) Represents the effects of the fluctuations between the ZAR and the U.S. dollar.

Other Payables (Tables)

Other Payables (Tables)	6 Months Ended
	Dec. 31, 2021
Other Payables [Abstract]
Schedule Of Other Payables	December 31, June 30, 2021 2021 Accruals $ 10,080 $ 7,501 Provisions 4,598 5,343 Other 13,802 13,288 Value-added tax payable 713 435 Payroll-related payables 935 884 Participating merchants' settlement obligation 120 137 $ 30,248 $ 27,588

Capital Structure (Tables)

Capital Structure (Tables)	6 Months Ended
	Dec. 31, 2021
Capital Structure [Abstract]
Schedule Of Number Of Shares, Net Of Treasury	December 31, December 31, 2021 2020 Number of shares, net of treasury: Statement of changes in equity 57,657,172 56,614,559 Non-vested equity shares that have not vested as of end of period 1,010,612 294,000 Number of shares, net of treasury, excluding non-vested equity shares that have not vested 56,646,560 56,320,559

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Dec. 31, 2021
Accumulated Other Comprehensive Loss [Abstract]
Change In Accumulated Other Comprehensive (Loss) Income Per Component	Three months ended December 31, 2021 Accumulated foreign currency translation reserve Total Balance as of October 1, 2021 $ ( 152,278) $ ( 152,278) Movement in foreign currency translation reserve ( 5,601) ( 5,601) Balance as of December 31, 2021 $ ( 157,879) $ ( 157,879) Three months ended December 31, 2020 Accumulated foreign currency translation reserve Total Balance as of October 1, 2020 $ ( 161,245) $ ( 161,245) Movement in foreign currency translation reserve 20,003 20,003 Balance as of December 31, 2020 $ ( 141,242) $ ( 141,242) Six months ended December 31, 2021 Accumulated foreign currency translation reserve Total Balance as of July 1, 2021 $ ( 145,721) $ ( 145,721) Movement in foreign currency translation reserve related to equity-accounted investment ( 644) ( 644) Movement in foreign currency translation reserve ( 11,514) ( 11,514) Balance as of December 31, 2021 $ ( 157,879) $ ( 157,879) a Six months ended December 31, 2020 Accumulated foreign currency translation reserve Total Balance as of July 1, 2020 $ ( 169,075) $ ( 169,075) Movement in foreign currency translation reserve related to equity-accounted investment 1,688 1,688 Movement in foreign currency translation reserve 26,145 26,145 Balance as of December 31, 2020 $ ( 141,242) $ ( 141,242)

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Dec. 31, 2021
Stock-Based Compensation [Abstract]
Summarized Stock Option Activity	Number of shares Weighted average exercise price ($) Weighted average remaining contractual term (in years) Aggregate intrinsic value ($'000) Weighted average grant date fair value ($) Outstanding - June 30, 2021 1,294,832 3.93 7.68 1,624 1.45 Exercised ( 242,853) 3.05 - 457 - Forfeited ( 85,000) 3.48 - - 1.34 Outstanding - December 31, 2021 966,979 4.19 6.76 1,056 1.53 Outstanding - June 30, 2020 1,331,651 5.83 7.56 - 2.01 Granted – August 2020 150,000 3.50 3.00 166 1.11 Granted – November 2020 560,000 3.01 10.00 691 1.23 Exercised ( 5,834) 3.07 - 21 - Forfeited ( 456,033) 7.03 - - 2.26 Outstanding - December 31, 2020 1,579,784 4.28 8.04 2,104 1.59 Number of shares Weighted average exercise price ($) Weighted average remaining contractual term (in years) Aggregate intrinsic value ($’000) Vested and expecting to vest - December 31, 2021 966,979 4.19 6.76 1,056 Number of shares Weighted average exercise price ($) Weighted average remaining contractual term (in years) Aggregate intrinsic value ($’000) Exercisable - December 31, 2021 487,842 5.26 6.09 151
Schedule Of Range Of Assumptions Used To Value Stock Options Granted	Six months ended December 31, 2020 Expected volatility 62 % Expected life (in years) 3 Risk-free rate 0.19 %
Restricted Stock Activity	Number of shares of restricted stock Weighted average grant date fair value ($’000) Non-vested – June 30, 2021 384,560 1,123 Total granted 656,052 3,190 Granted – July 2021 234,608 963 Granted – August 2021 44,986 192 Granted – November and December 2021 326,158 1,766 Granted – December 2021 50,300 269 Total granted and vested - November and December 2021 - - Granted - November and December 2021 71,647 393 Vested - November and December 2021 ( 71,647) 393 Forfeitures ( 30,000) ( 160) Non-vested – December 31, 2021 1,010,612 4,629 Non-vested – June 30, 2020 1,115,500 5,354 Total vested ( 311,300) ( 1,037) Vested – August 2020 ( 244,500) ( 812) Vested – September 2020 - accelerated vesting ( 66,800) ( 225) Forfeitures ( 510,200) ( 1,766) Non-vested – December 31, 2020 294,000 994
Recorded Net Stock Compensation Charge	Total charge Allocated to cost of goods sold, IT processing, servicing and support Allocated to selling, general and administration Three months ended December 31, 2021 Stock-based compensation charge $ 788 $ - $ 788 Total - three months ended December 31, 2021 $ 788 $ - $ 788 Three months ended December 31, 2020 Stock-based compensation charge $ 246 $ - $ 246 Reversal of stock compensation charge related to stock options and restricted stock forfeited ( 14) - ( 14) Total - three months ended December 31, 2020 $ 232 $ - $ 232 a Total charge Allocated to cost of goods sold, IT processing, servicing and support Allocated to selling, general and administration Six months ended December 31, 2021 Stock-based compensation charge $ 1,132 $ - $ 1,132 Reversal of stock compensation charge related to stock options forfeited ( 35) - ( 35) Total - six months ended December 31, 2021 $ 1,097 $ - $ 1,097 Six months ended December 31, 2020 Stock-based compensation charge $ 928 $ - $ 928 Reversal of stock compensation charge related to stock options and restricted stock forfeited ( 297) - ( 297) Total - six months ended December 31, 2020 $ 631 $ - $ 631

(Loss) Earnings Per Share (Tabl

(Loss) Earnings Per Share (Tables)	6 Months Ended
	Dec. 31, 2021
(Loss) Earnings Per Share [Abstract]
Income From Continuing Operations And Share Data Used In Basic And Diluted Earnings Per Share Computations	Three months ended Six months ended December 31, December 31, 2021 2020 2021 2020 (in thousands except (in thousands except percent and percent and per share data) per share data) Numerator: Net loss attributable to Net1 $ ( 12,406) $ ( 4,534) $ ( 25,400) $ ( 33,492) Undistributed (loss) earnings ( 12,406) ( 4,534) ( 25,400) ( 33,492) Percent allocated to common shareholders (Calculation 1) 99% 99% 99% 99% Numerator for loss per share: basic and diluted $ ( 12,234) $ ( 4,508) $ ( 25,080) $ ( 33,098) Denominator Denominator for basic (loss) earnings per share: weighted-average common shares outstanding 56,413 56,317 56,373 56,211 Effect of dilutive securities: Denominator for diluted (loss) earnings per share: adjusted weighted average common shares outstanding and assuming conversion 56,413 56,317 56,373 56,211 Loss per share: Basic $ ( 0.22) $ ( 0.08) $ ( 0.44) $ ( 0.59) Diluted $ ( 0.22) $ ( 0.08) $ ( 0.44) $ ( 0.59) (Calculation 1) Basic weighted-average common shares outstanding (A) 56,413 56,317 56,373 56,211 Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B) 57,204 56,641 57,093 56,880 Percent allocated to common shareholders (A) / (B) 99% 99% 99% 99%

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	6 Months Ended
	Dec. 31, 2021
Supplemental Cash Flow Information [Abstract]
Schedule Of Supplemental Cash Flow Disclosures	Three months ended Six months ended December 31, December 31, 2021 2020 2021 2020 Cash received from interest $ 306 $ 714 $ 688 $ 1,209 Cash paid for interest $ 876 $ 636 $ 1,680 $ 1,544 Cash paid for income taxes $ 279 $ 765 $ 290 $ 16,171
Schedule Of Disaggregation Of Cash, Cash Equivalents And Restricted Cash	December 31, 2021 December 31, 2020 June 30, 2021 Cash and cash equivalents $ 182,356 $ 206,251 $ 198,572 Restricted cash 57,788 60,803 25,193 Cash, cash equivalents and restricted cash $ 240,144 $ 267,054 $ 223,765
Supplemental Cash Flow Disclosure Related To Leases	Three months ended December 31, Six months ended December 31, 2021 2020 2021 2020 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 838 $ 1,007 $ 1,763 $ 1,879 Right-of-use assets obtained in exchange for lease obligations Operating leases $ 514 $ 90 $ 1,018 $ 90

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Dec. 31, 2021
Revenue Recognition [Abstract]
Revenue Disaggregated By Major Revenue Streams	Consumer Merchant Other Total Processing fees $ 7,801 $ 8,489 $ 396 $ 16,686 South Africa 7,801 8,489 - 16,290 Rest of world - - 396 396 Technology products 80 3,021 - 3,101 Telecom products and services - 2,030 - 2,030 Lending revenue 5,181 - - 5,181 Insurance revenue 2,034 - - 2,034 Account holder fees 1,378 - - 1,378 Other 165 539 - 704 Total revenue, derived from the following geographic locations 16,639 14,079 396 31,114 South Africa 16,639 14,079 - 30,718 Rest of world $ - $ - $ 396 $ 396 Consumer Merchant Other Total Processing fees $ 7,697 $ 6,755 $ 878 $ 15,330 South Africa (1) 7,697 6,755 - 14,452 Rest of world - - 878 878 Technology products 71 5,010 - 5,081 Telecom products and services - 3,148 - 3,148 Lending revenue 5,288 - - 5,288 Insurance revenue 1,613 - - 1,613 Account holder fees 1,273 - - 1,273 Other 317 255 - 572 Total revenue, derived from the following geographic locations 16,259 15,168 878 32,305 South Africa 16,259 15,168 - 31,427 Rest of world $ - $ - $ 878 $ 878 Consumer Merchant Other Total Processing fees $ 15,460 $ 16,497 $ 823 $ 32,780 South Africa 15,460 16,497 - 31,957 Rest of world - - 823 823 Technology products 212 7,974 - 8,186 Telecom products and services - 4,307 - 4,307 Lending revenue 10,557 - - 10,557 Insurance revenue 4,227 - - 4,227 Account holder fees 2,821 - - 2,821 Other 526 2,214 - 2,740 Total revenue, derived from the following geographic locations 33,803 30,992 823 65,618 South Africa 33,803 30,992 - 64,795 Rest of world $ - $ - $ 823 $ 823 Consumer Merchant Other Total Processing fees $ 16,139 $ 13,686 $ 2,434 $ 32,259 South Africa (1) 16,139 13,686 - 29,825 Rest of world - - 2,434 2,434 Technology products 71 11,544 - 11,615 Telecom products and services - 7,570 - 7,570 Lending revenue 9,488 - - 9,488 Insurance revenue 3,070 - - 3,070 Account holder fees 2,456 - - 2,456 Other 407 576 - 983 Total revenue, derived from the following geographic locations 31,631 33,376 2,434 67,441 South Africa 31,631 33,376 - 65,007 Rest of world $ - $ - $ 2,434 $ 2,434

Leases (Tables)

Leases (Tables)	6 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Supplemental Balance Sheet Disclosure Related To Right-of-use Assets And Operating Leases Liabilities	December 31, June 30, 2021 2021 Right of use assets obtained in exchange for lease obligations: Weighted average remaining lease term (years) 2.91 3.94 Weighted average discount rate (percent) 9.6 9.3
Maturities Of Operating Lease Liability	Maturities of operating lease liabilities Year ended June 30, 2022 (excluding six months to December 31, 2021) $ 1,635 2023 1,573 2024 712 2025 202 2026 - Thereafter - Total undiscounted operating lease liabilities 4,122 Less imputed interest 325 Total operating lease liabilities, included in 3,797 Operating lease liability - current 2,516 Operating lease liability - long-term $ 1,281

Operating Segments (Tables)

Operating Segments (Tables)	6 Months Ended
	Dec. 31, 2021
Operating Segments [Abstract]
Reconciliation Of Reportable Segments Revenue	Revenue Reportable Segment Inter-segment From external customers Consumer $ 16,639 $ - $ 16,639 Merchant 14,102 23 14,079 Other 396 - 396 Total for the three months ended December 31, 2021 $ 31,137 $ 23 $ 31,114 Consumer $ 16,259 $ - $ 16,259 Merchant 15,206 38 15,168 Other 878 - 878 Total for the three months ended December 31, 2020 $ 32,343 $ 38 $ 32,305 Revenue Reportable Segment Inter-segment From external customers Consumer $ 33,803 $ - $ 33,803 Merchant 31,174 182 30,992 Other 823 - 823 Total for the six months ended December 31, 2021 $ 65,800 $ 182 $ 65,618 Consumer $ 31,631 $ - $ 31,631 Merchant 33,452 76 33,376 Other 2,434 - 2,434 Total for the six months ended December 31, 2020 $ 67,517 $ 76 $ 67,441
Reconciliation Of Reportable Segments Measure Of Profit Or Loss To Loss Before Income Tax (Benefit) Expense	Three months ended Six months ended December 31, December 31, 2021 2020 2021 2020 Reportable segments measure of profit or loss $ ( 3,633) $ ( 8,326) $ ( 11,059) $ ( 14,557) Operating loss: Corporate/Eliminations ( 4,235) ( 4,743) ( 6,215) ( 7,539) Lease adjustments ( 833) ( 1,062) ( 1,757) ( 1,887) Depreciation and amortization ( 726) ( 1,074) ( 1,621) ( 1,997) Change in fair value of equity securities - 15,128 - 15,128 Unrealized loss related to fair value adjustment to currency options ( 2,429) - ( 2,429) - Loss on disposal of equity-accounted investment - Bank Frick - ( 13) - ( 13) Interest income 313 717 702 1,328 Interest expense ( 765) ( 677) ( 1,581) ( 1,424) Loss before income taxes $ ( 12,308) $ ( 50) $ ( 23,960) $ ( 10,961)
Summary Of Segment Information	Three months ended Six months ended December 31, December 31, 2021 2020 2021 2020 Revenues Consumer $ 16,639 $ 16,259 $ 33,803 $ 31,631 Merchant 14,102 15,206 31,174 33,452 Other 396 878 823 2,434 Total 31,137 32,343 65,800 67,517 EBITDA Consumer ( 4,551) ( 5,214) ( 14,005) ( 11,785) Merchant 795 1,227 2,680 4,198 Other 123 ( 4,339) 266 ( 6,970) Segment Adjusted EBITDA ( 3,633) ( 8,326) ( 11,059) ( 14,557) Corporate/Eliminations ( 4,235) ( 4,743) ( 6,215) ( 7,539) Subtotal ( 7,868) ( 13,069) ( 17,274) ( 22,096) Less: Lease adjustments 833 1,062 1,757 1,887 Less: Depreciation and amortization 726 1,074 1,621 1,997 Total operating loss ( 9,427) ( 15,205) ( 20,652) ( 25,980) Depreciation and amortization Consumer 499 804 1,151 1,477 Merchant 196 163 406 311 Other 15 19 30 40 Subtotal: Operating segments 710 986 1,587 1,828 Corporate/Eliminations 16 88 34 169 Total 726 1,074 1,621 1,997 Expenditures for long-lived assets Consumer 168 3,002 810 3,244 Merchant 20 21 76 31 Other 1 - 1 23 Subtotal: Operating segments 189 3,023 887 3,298 Corporate/Eliminations - - - - Total $ 189 $ 3,023 $ 887 $ 3,298

Basis Of Presentation And Sum_3

Basis Of Presentation And Summary Of Significant Accounting Policies (Narrative) (Details) - South Africa [Member] - July 2021 Civil Unrest In South Africa [Member] R in Millions, $ in Millions	1 Months Ended	3 Months Ended		6 Months Ended
	Jul. 31, 2021ZAR (R)Item	Dec. 31, 2021USD ($)	Dec. 31, 2021ZAR (R)	Dec. 31, 2021USD ($)	Dec. 31, 2021ZAR (R)
Number of ATMs suffered damage | Item	173
Number of branches suffered damage | Item	19
Cost estimates to repair branches and damaged ATMs and to replace completely destroyed ATMs | R	R 40
Proceeds from insurance settlements | R			R 26		R 26
July 2021 Compared To June 2021 [Member]
Percentage decrease in ATMs transaction volume	13.00%
August 2021 Compared To July 2021 [Member]
Percentage decrease in ATMs transaction volume	3.00%
Waiver Of Customers Pay To Utilize Other Bank's ATMs For August And September 2021 [Member]
Lost transaction fee revenue		$ 0.4	R 6	$ 0.4	R 6

Accounts Receivable, Net And _3

Accounts Receivable, Net And Other Receivables And Finance Loans Receivable, Net (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended
	Oct. 31, 2021	Jul. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Jun. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Remaining receivable amount			$ 20,701	$ 26,583
Accounts receivable, trade, gross			$ 9,231	10,760
Cedar Cellular [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Equity ownership percentage			7.625%
Cedar Cellular [Member] | 8.625% Notes [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Interest rate			8.625%
Carbon Loan [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, trade, gross					$ 3,000
Allowance for doubtful loans receivable				3,000
Net1 Korea [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Consideration received					$ 237,200
Bank Frick [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Proceeds from sale of equity method investments	$ 7,500
Bank Frick [Member] | Forecast [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Remaining receivable amount		$ 3,900
Cedar Cellular [Member] | 8.625% Notes [Member] | Cedar Cellular [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Carrying value of investment in a note			$ 0	$ 0

Accounts Receivable, Net And _4

Accounts Receivable, Net And Other Receivables And Finance Loans Receivable, Net (Schedule Of Accounts Receivable, Net And Other Receivables) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Dec. 31, 2021	Jun. 30, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, trade, net	$ 8,807	$ 10,493
Accounts receivable, trade, gross	9,231	10,760
Allowance for doubtful accounts receivable, end of period	424	267
Beginning of period	267	253
Reversed to statement of operations	(1)	(182)
Charged to statement of operations	201	232
Utilized	(3)	(59)
Foreign currency adjustment	(40)	23
Other receivables	8,004	8,590
Total accounts receivable, net and other receivables	20,701	26,583
Accounts Receivable [Member] | Held To Maturity Investments[Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, trade, gross	0	0
Accounts Receivable [Member] | Investment in 7.625% of Cedar Cellular Investment 1 (RF) (Pty) Ltd 8.625% notes
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, trade, gross	0	0
Bank Frick [Member] | Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan provided	3,890	7,500
Carbon [Member] | Accounts Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loan provided	$ 0	$ 0
Cedar Cellular [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Equity ownership percentage	7.625%
Cedar Cellular [Member] | 8.625% Notes [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Equity ownership percentage	7.625%
Interest rate	8.625%

Accounts Receivable, Net And _5

Accounts Receivable, Net And Other Receivables And Finance Loans Receivable, Net (Summary Of Contractual Maturity Of Investment) (Details) $ in Thousands	Dec. 31, 2021USD ($)
Equity-Accounted Investments And Other Long-Term Assets [Abstract]
Due in one year or less, Cost basis	$ 0
Due in one year through five years, Cost basis	0
Due in five years through ten years, Cost basis	0
Due after ten years, Cost basis	0
Total, Cost basis	0
Due in one year or less, Estimated fair value	0
Due in one year through five years, Estimated fair value	0
Due in five years through ten years, Estimated fair value	0
Due after ten years, Estimated fair value	0
Total. Estimated fair value	$ 0

Accounts Receivable, Net And _6

Accounts Receivable, Net And Other Receivables And Finance Loans Receivable, Net (Schedule Of Finance Loans Receivable, Net) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Dec. 31, 2021	Jun. 30, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance loans receivable, net	$ 21,571	$ 21,142
Reversed to statement of operations	(1)	(182)
Total accounts receivable, net	21,571	21,142
Microlending Finance Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance loans receivable, net	21,571	21,142
Receivable, gross	23,968	23,491
Allowance for doubtful finance loans receivable, end of period	2,397	2,349
Beginning of period	2,349	1,858
Reversed to statement of operations	0	(1,004)
Charged to statement of operations	926	2,060
Utilized	(619)	(967)
Foreign currency adjustment	$ (259)	$ 402

Inventory (Narrative) (Details)

Inventory (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Jun. 30, 2021
Inventory [Line Items]
Finished goods	$ 20,005	$ 22,361
Airtime Inventory Subject To Sale Restrictions [Member]
Inventory [Line Items]
Finished goods	$ 14,500	$ 16,500

Inventory (Schedule Of Inventor

Inventory (Schedule Of Inventory) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Jun. 30, 2021
Inventory [Abstract]
Finished goods	$ 20,005	$ 22,361
Inventory	$ 20,005	$ 22,361

Fair Value Of Financial Instr_3

Fair Value Of Financial Instruments (Narrative) (Details)	3 Months Ended		6 Months Ended
	Dec. 31, 2021USD ($)shares	Dec. 31, 2020USD ($)	Dec. 31, 2021USD ($)shares	Dec. 31, 2020USD ($)	Sep. 30, 2021	Jun. 30, 2021USD ($)
Derivatives, Fair Value [Line Items]
Fair value measurement asset transfers into Level 3	$ 0	$ 0	$ 0	$ 0
Fair value measurement asset transfers out of Level 3	0	0	0	0
Transfers into or out of Level 3	0	0	0	0
Unrealized loss related to fair value adjustment to currency options	$ (2,429,000)	$ 0	$ (2,429,000)	$ 0
Foreign Exchange Contracts [Member]
Derivatives, Fair Value [Line Items]
Outstanding foreign exchange contracts	0		0		0
Cell C [Member]
Derivatives, Fair Value [Line Items]
Investment amount owned	$ 0		$ 0			$ 0
Equity method investment, percentage of ownership interest					0.00%
Cell C [Member] | Net1 SA [Member] | Class A [Member]
Derivatives, Fair Value [Line Items]
Investment shares owned | shares	75,000,000		75,000,000

Fair Value Of Financial Instr_4

Fair Value Of Financial Instruments (Schedule Of Key Valuation Inputs Used To Measure Fair Value Of Investment In Cell C) (Details) - Cell C [Member] R in Billions, $ in Billions	6 Months Ended	12 Months Ended
	Dec. 31, 2021USD ($)	Jun. 30, 2021USD ($)	Dec. 31, 2021ZAR (R)	Jun. 30, 2021ZAR (R)
Net adjusted external debt	$ 0.7	$ 0.8	R 11.5	R 11.2
Lease liabilities included in net adjusted external debt			R 0	R 0
Weighted Average Cost of Capital (WACC) Rate [Member] | Minimum [Member]
Investment fair value measurement inputs	18.00%	18.00%
Weighted Average Cost of Capital (WACC) Rate [Member] | Maximum [Member]
Investment fair value measurement inputs	24.00%	24.00%
Long Term Growth Rate [Member]
Investment fair value measurement inputs	3.00%	3.00%
Marketability Discount [Member]
Investment fair value measurement inputs	10.00%
Minority Discount [Member]
Investment fair value measurement inputs	15.00%

Fair Value Of Financial Instr_5

Fair Value Of Financial Instruments (Schedule Of Impact On Carrying Value Of Cell C Investment) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Jun. 30, 2021
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Sensitivity for fair value of investment, increase (decrease) in valuation	$ 76,297	$ 76,297
4.2% Increase [Member] | Weighted Average Cost of Capital (WACC) Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Sensitivity for fair value of investment, increase (decrease) in valuation	0
4.2% Increase [Member] | EBITDA Multiple [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Sensitivity for fair value of investment, increase (decrease) in valuation	400
3.2% Decrease [Member] | Weighted Average Cost of Capital (WACC) Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Sensitivity for fair value of investment, increase (decrease) in valuation	294
3.2% Decrease [Member] | EBITDA Multiple [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Sensitivity for fair value of investment, increase (decrease) in valuation	$ 0

Fair Value Of Financial Instr_6

Fair Value Of Financial Instruments (Schedule Of Outstanding Foreign Exchange Contracts) (Details)	Dec. 31, 2021USD ($)R / Unit	Jun. 30, 2021EUR (€)$ / Unit
Foreign Exchange Contract [Member] | July 02, 2021 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | €		€ 5,700
Strike price | $ / Unit		1.1911
Fair market | $ / Unit		1.1859
Foreign Exchange Contract 1 [Member] | Purchased Put Options [Member] | February 24, 2022 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | $	$ 30,000,000,000
Strike price	15.5570
Fair market	15.3841
Foreign Exchange Contract 1 [Member] | Sold Call Options [Member] | February 24, 2022 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | $	$ 30,000,000,000
Strike price	15.5570
Fair market	16.2020
Foreign Exchange Contract 2 [Member] | Purchased Put Options [Member] | February 24, 2022 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | $	$ 20,000,000,000
Strike price	15.6470
Fair market	15.4430
Foreign Exchange Contract 2 [Member] | Sold Call Options [Member] | February 24, 2022 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | $	$ 20,000,000,000
Strike price	15.6470
Fair market	16.2339
Foreign Exchange Contract 3 [Member] | Purchased Put Options [Member] | February 24, 2022 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | $	$ 20,000,000,000
Strike price	15.4361
Fair market	15.2997
Foreign Exchange Contract 3 [Member] | Sold Call Options [Member] | February 24, 2022 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | $	$ 20,000,000,000
Strike price	15.4361
Fair market	16.1645
Foreign Exchange Contract 4 [Member] | Purchased Put Options [Member] | February 24, 2022 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | $	$ 20,000,000,000
Strike price	15.8745
Fair market	15.5762
Foreign Exchange Contract 4 [Member] | Sold Call Options [Member] | February 24, 2022 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | $	$ 20,000,000,000
Strike price	15.8745
Fair market	16.3301
Foreign Exchange Contract 5 [Member] | Purchased Put Options [Member] | February 24, 2022 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | $	$ 30,000,000,000
Strike price	16.0158
Fair market	15.6474
Foreign Exchange Contract 5 [Member] | Sold Call Options [Member] | February 24, 2022 [Member]
Derivatives, Fair Value [Line Items]
Notional amount | $	$ 30,000,000,000
Strike price	16.0158
Fair market	16.4013

Fair Value Of Financial Instr_7

Fair Value Of Financial Instruments (Fair Value Of Assets And Liabilities Measured On Recurring Basis) (Details) - Recurring [Member] - USD ($)	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment	$ 0	$ 0
Cash, cash equivalents and restricted cash (included in other long term assets)	342,000	381,000
Fixed maturity investments (included in cash and cash equivalents)	2,453,000	3,158,000
Total assets at fair value	2,795,000	3,539,000
Foreign exchange options	2,343,000
Total liabilities at fair value	2,343,000
Quoted Price In Active Markets For Identical Assets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment	0	0
Cash, cash equivalents and restricted cash (included in other long term assets)	342,000	381,000
Fixed maturity investments (included in cash and cash equivalents)	2,453,000	3,158,000
Total assets at fair value	2,795,000	3,539,000
Foreign exchange options	0
Total liabilities at fair value	0
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment	0	0
Cash, cash equivalents and restricted cash (included in other long term assets)	0	0
Fixed maturity investments (included in cash and cash equivalents)	0	0
Total assets at fair value	0	0
Foreign exchange options	2,343,000
Total liabilities at fair value	2,343,000
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment	0	0
Cash, cash equivalents and restricted cash (included in other long term assets)	0	0
Fixed maturity investments (included in cash and cash equivalents)	0	0
Total assets at fair value	0	$ 0	$ 0	$ 0
Foreign exchange options	0
Total liabilities at fair value	$ 0

Fair Value Of Financial Instr_8

Fair Value Of Financial Instruments (Carrying Value Of Assets And Liabilities Measured On Recurring Basis) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Liabilities
Foreign currency adjustment	$ 234,000	$ (790,000)	$ 324,000	$ (1,676,000)
Recurring [Member]
Assets
Beginning balance, Carrying value			3,539,000
Ending balance, Carrying value	2,795,000		2,795,000
Liabilities
Ending balance, Carrying value	2,343,000		2,343,000
Significant Unobservable Inputs (Level 3) [Member] | Recurring [Member]
Assets
Beginning balance, Carrying value			0	0
Foreign currency adjustment			0	0
Ending balance, Carrying value	0	$ 0	0	$ 0
Liabilities
Ending balance, Carrying value	$ 0		$ 0

Equity-Accounted Investments _3

Equity-Accounted Investments And Other Long-Term Assets (Narrative) (Details) R / shares in Units, $ / shares in Units, $ in Thousands, R in Millions	1 Months Ended		3 Months Ended		6 Months Ended
	Oct. 31, 2021shares	Nov. 30, 2020USD ($)$ / shares	Dec. 31, 2021USD ($)shares	Dec. 31, 2020USD ($)	Dec. 31, 2021USD ($)shares	Dec. 31, 2020USD ($)	Dec. 31, 2021ZAR (R)R / sharesshares	Jun. 30, 2021USD ($)
Market value of holding			$ 7,217		$ 7,217			$ 10,004
Increase the carrying value in its investment			0	$ 15,128	0	$ 15,128
Change in fair value of securities (Note 4 and 5)			$ 0	15,128	$ 0	15,128
Finbond [Member]
Equity-accounted investments, ownership percentage			31.50%		31.50%		31.50%	31.47%
Investment amount owned			$ 16,700		$ 16,700		R 266.1
Investment shares owned | shares			268,820,933		268,820,933		268,820,933
Share price per share | R / shares							R 0.99
Cedar Cellular [Member]
Equity-accounted investments, ownership percentage			7.625%		7.625%		7.625%
Cedar Cellular [Member] | 8.625% Notes [Member]
Equity-accounted investments, ownership percentage			7.625%		7.625%		7.625%
Cell C [Member]
Equity-accounted investments, ownership percentage			15.00%		15.00%		15.00%
Investment amount owned			$ 0		$ 0			$ 0
MobiKwik [Member]
Equity-accounted investments, ownership percentage			10.00%		10.00%		10.00%	12.00%
Investment amount owned		$ 27,000		42,100		42,100
Share price per share | $ / shares		$ 135.54
Change in fair value of securities (Note 4 and 5)		$ 15,100		$ 15,100		$ 15,100
Ownership interest owned, percent			10.20%		10.20%		10.20%
MobiKwik [Member] | IPO [Member]
Shares issued in conversion | shares	6,215,620
MobiKwik [Member] | Convertible Preferred Stock [Member] | IPO [Member]
Compulsorily Convertible Cumulative Preference Shares | shares	310,781
Net1 SA [Member] | Cell C [Member] | Class A [Member]
Investment shares owned | shares			75,000,000		75,000,000		75,000,000

Equity-Accounted Investments _4

Equity-Accounted Investments And Other Long-Term Assets (Ownership Percentage Of Equity-Accounted Investments) (Details)	Dec. 31, 2021	Jun. 30, 2021
Finbond [Member]
Schedule of Equity Method Investments [Line Items]
Equity-accounted investments, ownership percentage	31.50%	31.47%
Carbon Tech Limited ("Carbon")
Schedule of Equity Method Investments [Line Items]
Equity-accounted investments, ownership percentage	25.00%	25.00%
SmartSwitch Namibia [Member]
Schedule of Equity Method Investments [Line Items]
Equity-accounted investments, ownership percentage	50.00%	50.00%

Equity-Accounted Investments _5

Equity-Accounted Investments And Other Long-Term Assets (Summary Of Movement In Equity-Accounted Investments) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Schedule of Equity Method Investments [Line Items]
Balance	$ 256,747	$ 269,542	$ 275,980	$ 290,213
Equity accounted (loss) earnings	0	(13)	0	(13)
Balance	240,267	$ 285,243	240,267	$ 285,243
Balance as of, beginning			67,371
Balance as of, ending	98,977		98,977
Nonconsolidated Investee or Group of Investees [Member]
Schedule of Equity Method Investments [Line Items]
Balance			10,004
Stock-based compensation			9
Comprehensive loss:			(1,800)
Other comprehensive loss			(644)
Equity accounted (loss) earnings			(1,156)
Share of net (loss) income			(1,156)
Dividends received			(137)
Foreign currency adjustment			(859)
Balance	7,217		7,217
Balance as of, beginning			0
Balance as of, ending	0		0
Finbond [Member]
Schedule of Equity Method Investments [Line Items]
Balance			9,822
Stock-based compensation			9
Comprehensive loss:			(1,800)
Other comprehensive loss			(644)
Equity accounted (loss) earnings			(1,156)
Share of net (loss) income			(1,156)
Dividends received			0
Foreign currency adjustment			(852)
Balance	7,179		7,179
Other [Member]
Schedule of Equity Method Investments [Line Items]
Balance			182
Stock-based compensation			0
Comprehensive loss:			0
Other comprehensive loss			0
Equity accounted (loss) earnings			0
Share of net (loss) income			0
Dividends received			(137)
Foreign currency adjustment			(7)
Balance	$ 38		$ 38

Equity-Accounted Investments _6

Equity-Accounted Investments And Other Long-Term Assets (Carrying Amount Of Equity-Accounted Investments) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020
Schedule of Equity Method Investments [Line Items]
As reported, beginning of period	$ 240,267	$ 256,747	$ 275,980	$ 285,243	$ 269,542	$ 290,213
Loans	98,977		67,371
TOTAL LIABILITIES, REDEEMABLE COMMON STOCK AND SHAREHOLDERS' EQUITY	424,223		428,330
Nonconsolidated Investee or Group of Investees [Member]
Schedule of Equity Method Investments [Line Items]
As reported, beginning of period	7,217		10,004
Loans	0		0
TOTAL LIABILITIES, REDEEMABLE COMMON STOCK AND SHAREHOLDERS' EQUITY	$ 7,217		$ 10,004

Equity-Accounted Investments _7

Equity-Accounted Investments And Other Long-Term Assets (Summary Of Other Long-Term Asset) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Jun. 30, 2021
Schedule Of Equity And Held To Maturity Investments [Line Items]
Total equity investments	$ 76,297	$ 76,297
Long-term portion of amount due related to sale of interest in Bank Frick	0	3,890
Policy holder assets under investment contracts (Note 7)	342	381
Reinsurance assets under insurance contracts (Note 7)	1,182	1,298
Total other long-term assets	77,821	81,866
Held To Maturity Investments[Member]
Schedule Of Equity And Held To Maturity Investments [Line Items]
Total equity investments	0	0
Cell C [Member]
Schedule Of Equity And Held To Maturity Investments [Line Items]
Total equity investments	$ 0	0
Equity-accounted investments, ownership percentage	15.00%
MobiKwik [Member]
Schedule Of Equity And Held To Maturity Investments [Line Items]
Total equity investments	$ 76,297	$ 76,297
Equity-accounted investments, ownership percentage	10.00%	12.00%
CPS [Member]
Schedule Of Equity And Held To Maturity Investments [Line Items]
Total equity investments	$ 0	$ 0
Equity-accounted investments, ownership percentage	87.50%
Cedar Cellular [Member]
Schedule Of Equity And Held To Maturity Investments [Line Items]
Equity-accounted investments, ownership percentage	7.625%
Cedar Cellular [Member] | 8.625% Notes [Member]
Schedule Of Equity And Held To Maturity Investments [Line Items]
Total equity investments	$ 0	$ 0
Equity-accounted investments, ownership percentage	7.625%
Interest rate	8.625%

Equity-Accounted Investments _8

Equity-Accounted Investments And Other Long-Term Assets (Summary Of Unrealized Gain (Loss) On Investments) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Dec. 31, 2021	Jun. 30, 2021
Schedule Of Equity And Held To Maturity Investments [Line Items]
Cost basis	$ 26,993	$ 26,993
Unrealized holding gains	49,304	49,304
Unlrealized holding losses	0	0
Carrying value	76,297	76,297
MobiKwik [Member]
Schedule Of Equity And Held To Maturity Investments [Line Items]
Cost basis	26,993	26,993
Unrealized holding gains	49,304	49,304
Unlrealized holding losses	0	0
Carrying value	76,297	76,297
Cedar Cellular [Member]
Schedule Of Equity And Held To Maturity Investments [Line Items]
Cost basis	0	0
Unrealized holding gains	0	0
Unlrealized holding losses	0	0
Carrying value	0	0
CPS [Member]
Schedule Of Equity And Held To Maturity Investments [Line Items]
Cost basis	0	0
Unrealized holding gains	0	0
Unlrealized holding losses	0	0
Carrying value	$ 0	$ 0

Goodwill And Intangible Asset_3

Goodwill And Intangible Assets, Net (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets [Line Items]
Amortization expense	$ 0.1	$ 0.1	$ 0.1	$ 0.2

Goodwill And Intangible Asset_4

Goodwill And Intangible Assets, Net (Summary Of Movement In Carrying Value Of Goodwill) (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2021USD ($)
Gross value, Beginning Balance	$ 42,949
Gross value, Foreign currency adjustment	(3,732)
Gross value, Ending Balance	39,217
Accumulated impairment, Beginning Balance	(13,796)
Accumulated impairment, Foreign currency adjustment	818
Accumulated impairment, Ending Balance	(12,978)
Carrying value, Beginning Balance	29,153
Carrying value, Foreign currency adjustment	(2,914)
Carrying value, Ending Balance	$ 26,239

Goodwill And Intangible Asset_5

Goodwill And Intangible Assets, Net (Goodwill Allocated To Reportable Segments) (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2021USD ($)
Goodwill [Line Items]
Carrying value, Beginning Balance	$ 29,153
Carrying value, Foreign currency adjustment	(2,914)
Carrying value, Ending Balance	26,239
Consumer [Member]
Goodwill [Line Items]
Carrying value, Beginning Balance	0
Carrying value, Foreign currency adjustment	0
Carrying value, Ending Balance	0
Merchant [Member]
Goodwill [Line Items]
Carrying value, Beginning Balance	28,496
Carrying value, Foreign currency adjustment	(2,914)
Carrying value, Ending Balance	25,582
Other [Member]
Goodwill [Line Items]
Carrying value, Beginning Balance	657
Carrying value, Foreign currency adjustment	0
Carrying value, Ending Balance	$ 657

Goodwill And Intangible Asset_6

Goodwill And Intangible Assets, Net (Carrying Value And Accumulated Amortization Of Intangible Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Jun. 30, 2021
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross carrying value	$ 15,045	$ 16,760
Accumulated amortization	(14,757)	(16,403)
Total future estimated amortization expense	288	357
Total intangible assets, Net carrying value	288	357
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross carrying value	9,282	10,340
Accumulated amortization	(9,282)	(10,340)
Total future estimated amortization expense	0	0
Software And Unpatented Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross carrying value	1,549	1,726
Accumulated amortization	(1,549)	(1,726)
Total future estimated amortization expense	0	0
FTS Patent [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross carrying value	2,405	2,679
Accumulated amortization	(2,405)	(2,679)
Total future estimated amortization expense	0	0
Trademarks And Brands [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross carrying value	1,809	2,015
Accumulated amortization	(1,521)	(1,658)
Total future estimated amortization expense	$ 288	$ 357

Goodwill And Intangible Asset_7

Goodwill And Intangible Assets, Net (Future Estimated Annual Amortization Expense) (Details) $ in Thousands	Dec. 31, 2021USD ($)
Goodwill And Intangible Assets, Net [Abstract]
Fiscal 2022	$ 65
Fiscal 2023	65
Fiscal 2024	64
Fiscal 2025	64
Fiscal 2026	64
Total future estimated annual amortization expense	$ 322

Assets And Policyholder Liabi_3

Assets And Policyholder Liabilities Under Insurance And Investment Contracts (Summary Of Movement In Reinsurance Assets And Policyholder Liabilities Under Insurance Contracts) (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2021USD ($)
Assets And Policyholder Liabilities Under Insurance And Investment Contracts [Abstract]
Reinsurance assets, Beginning Balance	$ 1,298
Reinsurance assets, Increase in policyholder benefits under insurance contracts	1,248
Reinsurance assets, Claims and decrease in policyholders' benefits under insurance contracts	(1,230)
Reinsurance assets, Foreign currency adjustment	(134)
Reinsurance assets, Ending Balance	1,182
Insurance contracts, Beginning Balance	(2,011)
Insurance contracts, Increase in policyholder benefits under insurance contracts	5,853
Insurance contracts, Claims and decrease in policyholders' benefits under insurance contracts	(5,936)
Insurance contracts, Foreign currency adjustment	211
Insurance contracts, Ending Balance	$ (1,883)

Assets And Policyholder Liabi_4

Assets And Policyholder Liabilities Under Insurance And Investment Contracts (Summary Of Movement In Assets And Policyholder Liabilities Under Investment Contracts) (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2021USD ($)
Assets And Policyholder Liabilities Under Insurance And Investment Contracts [Abstract]
Assets, Beginning Balance	$ 381
Assets, Increase in policyholder benefits under investment contracts	114
Assets, Claims and decrease in policyholders' benefits under investment contracts	(114)
Assets, Foreign currency adjustment	(39)
Assets, Ending Balance	342
Investment contracts, Beginning Balance	(381)
Investment contracts, Increase in policy holder benefits under investment contracts	(114)
Investment Contracts, Claims and decrease in policyholder' benefits under investment contracts	114
Investment contracts, Foreign currency adjustment	39
Investment contracts, Ending Balance	$ (342)

Borrowings (Narrative) (Details

Borrowings (Narrative) (Details) $ in Thousands, R in Millions	Jan. 28, 2022	Dec. 31, 2021USD ($)	Dec. 31, 2021ZAR (R)	Jun. 30, 2021USD ($)	Jun. 30, 2021ZAR (R)
Short-term Debt [Line Items]
Short-term facility available		$ 113,401
Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Short-term facility available		103,574
Overdraft Facility [Member]
Short-term Debt [Line Items]
Amount utilized		47,960		$ 14,245
Overdraft Facility [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Amount utilized		47,960
Indirect And Derivative Facilities [Member]
Short-term Debt [Line Items]
Short-term facility available		9,827
Amount utilized		9,827		10,947
Nedbank Limited [Member] | South Africa [Member]
Short-term Debt [Line Items]
Short-term facility available		25,500	R 406.6
Nedbank Limited [Member] | South Africa [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Short-term facility available		15,693
Amount utilized | R			156.6		R 156.6
Nedbank Limited [Member] | South Africa [Member] | Overdraft Facility [Member]
Short-term Debt [Line Items]
Short-term facility available		15,700	R 250
Amount utilized		0		0
Nedbank Limited [Member] | South Africa [Member] | Overdraft Facility [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Short-term facility available		$ 25,520
Interest rate on credit facility		6.10%	6.10%
Aggregate amount of short-term borrowing		$ 9,800	R 156.6
Amount utilized		0
Nedbank Limited [Member] | South Africa [Member] | Overdraft Facility [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member] | Subsequent Event [Member]
Short-term Debt [Line Items]
Interest rate on credit facility	6.35%
Nedbank Limited [Member] | South Africa [Member] | Indirect And Derivative Facilities [Member]
Short-term Debt [Line Items]
Short-term facility available		9,827	156.6
Amount utilized		9,827		10,947
Nedbank Limited [Member] | South Africa [Member] | Indirect And Derivative Facilities [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Amount utilized		9,800	156.6	10,900	R 156.6
RMB [Member] | South Africa [Member]
Short-term Debt [Line Items]
Short-term facility available		87,881
RMB [Member] | South Africa [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Short-term facility available		87,881
RMB [Member] | South Africa [Member] | Overdraft Facility [Member]
Short-term Debt [Line Items]
Amount utilized		47,960		14,245
RMB [Member] | South Africa [Member] | Overdraft Facility [Member] | Facility E [Member]
Short-term Debt [Line Items]
Short-term facility available		$ 87,900	1,400
RMB [Member] | South Africa [Member] | Overdraft Facility [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member] | Prime Rate [Member] | Facility E [Member]
Short-term Debt [Line Items]
Debt instrument variable interest rate		7.25%
RMB [Member] | South Africa [Member] | Overdraft Facility [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member] | Prime Rate [Member] | Facility E [Member] | Subsequent Event [Member]
Short-term Debt [Line Items]
Debt instrument variable interest rate	7.50%
RMB [Member] | South Africa [Member] | Overdraft Facility [Member] | Letter Of Amendment [Member] | Facility E [Member]
Short-term Debt [Line Items]
Amount utilized		$ 48,000	R 800
RMB [Member] | South Africa [Member] | Indirect And Derivative Facilities [Member]
Short-term Debt [Line Items]
Short-term facility available		0
Amount utilized		$ 0		$ 0

Borrowings (Summary Of Short-Te

Borrowings (Summary Of Short-Term Credit Facilities) (Details) $ in Thousands, R in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2021USD ($)	Dec. 31, 2021ZAR (R)	Dec. 31, 2020USD ($)	Dec. 31, 2021ZAR (R)
Short-term Debt [Line Items]
Short-term facility available	$ 113,401		$ 113,401
Utilized	172,445	$ 137,333	311,350		$ 206,479
Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Short-term facility available	103,574		103,574
Overdraft Facility [Member]
Short-term Debt [Line Items]
Balance as of June 30, 2020			14,245
Utilized			311,350
Repaid			(271,676)
Foreign currency adjustment			(5,959)
Balance as of March 31, 2021	47,960		47,960
Overdraft Facility [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Balance as of March 31, 2021	47,960		47,960
Indirect And Derivative Facilities [Member]
Short-term Debt [Line Items]
Short-term facility available	9,827		9,827
Balance as of June 30, 2020			10,947
Foreign currency adjustment			(1,120)
Balance as of March 31, 2021	9,827		9,827
South Africa [Member] | Amended July 2017 [Member] | Overdraft Facility [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Balance as of March 31, 2021	47,960		47,960
South Africa [Member] | Nedbank Limited [Member]
Short-term Debt [Line Items]
Short-term facility available	$ 25,500		$ 25,500			R 406.6
South Africa [Member] | Nedbank Limited [Member] | Prime Rate [Member]
Short-term Debt [Line Items]
Debt instrument, interest rate	6.10%		6.10%			6.10%
Percentage used to calculate interest rate on short-term facilities	1.15%		1.15%			1.15%
South Africa [Member] | Nedbank Limited [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Short-term facility available	$ 15,693		$ 15,693
Balance as of June 30, 2020 | R				R 156.6
Balance as of March 31, 2021 | R				156.6
South Africa [Member] | Nedbank Limited [Member] | Overdraft Facility [Member]
Short-term Debt [Line Items]
Short-term facility available	15,700		15,700			R 250
Balance as of June 30, 2020			0
Utilized			1,349
Repaid			(1,322)
Foreign currency adjustment			(27)
Balance as of March 31, 2021	0		0
South Africa [Member] | Nedbank Limited [Member] | Overdraft Facility [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Short-term facility available	25,520		25,520
Balance as of March 31, 2021	0		0
South Africa [Member] | Nedbank Limited [Member] | Indirect And Derivative Facilities [Member]
Short-term Debt [Line Items]
Short-term facility available	9,827		9,827			R 156.6
Balance as of June 30, 2020			10,947
Foreign currency adjustment			(1,120)
Balance as of March 31, 2021	9,827		9,827
South Africa [Member] | Nedbank Limited [Member] | Indirect And Derivative Facilities [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Balance as of June 30, 2020			10,900	156.6
Balance as of March 31, 2021	9,800		9,800	R 156.6
South Africa [Member] | RMB [Member]
Short-term Debt [Line Items]
Short-term facility available	$ 87,881		$ 87,881
South Africa [Member] | RMB [Member] | Prime Rate [Member]
Short-term Debt [Line Items]
Debt instrument, interest rate	7.25%		7.25%			7.25%
South Africa [Member] | RMB [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Short-term facility available	$ 87,881		$ 87,881
South Africa [Member] | RMB [Member] | Overdraft Facility [Member]
Short-term Debt [Line Items]
Balance as of June 30, 2020			14,245
Utilized			310,001
Repaid			(270,354)
Foreign currency adjustment			(5,932)
Balance as of March 31, 2021	47,960		47,960
South Africa [Member] | RMB [Member] | Indirect And Derivative Facilities [Member]
Short-term Debt [Line Items]
Short-term facility available	0		0
Balance as of June 30, 2020			0
Foreign currency adjustment			0
Balance as of March 31, 2021	$ 0		$ 0

Other Payables (Schedule Of Oth

Other Payables (Schedule Of Other Payables) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Jun. 30, 2021
Other Payables [Abstract]
Accruals	$ 10,080	$ 7,501
Provisions	4,598	5,343
Other	13,802	13,288
Value-added tax payable	713	435
Payroll-related payables	935	884
Participating merchants' settlement obligation	120	137
Other payables, total	$ 30,248	$ 27,588

Capital Structure (Schedule Of

Capital Structure (Schedule Of Number Of Shares, Net Of Treasury) (Details) - shares	Dec. 31, 2021	Dec. 31, 2020
Capital Structure [Abstract]
Number of shares, net of treasury: Statement of changes in equity	57,657,172	56,614,559
Non-vested equity shares that have not vested as of end of period	1,010,612	294,000
Number of shares, net of treasury excluding non-vested equity shares that have not vested	56,646,560	56,320,559

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Reclassification from accumulated other comprehensive (loss) income	$ 0	$ 0	$ 0	$ 0

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss (Change In Accumulated Other Comprehensive (Loss) Income Per Component) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ (152,278)	$ (161,245)	$ (145,721)	$ (169,075)
Movement in foreign currency translation reserve related to equity-accounted investment	0	0	(644)	1,688
Movement in foreign currency translation reserve	(5,601)	20,003	(11,514)	26,145
Ending Balance	(157,879)	(141,242)	(157,879)	(141,242)
Accumulated Foreign Currency Translation Reserve [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(152,278)	(161,245)	(145,721)	(169,075)
Movement in foreign currency translation reserve related to equity-accounted investment			(644)	1,688
Movement in foreign currency translation reserve	(5,601)	20,003	(11,514)	26,145
Ending Balance	$ (157,879)	$ (141,242)	$ (157,879)	$ (141,242)

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	Jul. 01, 2021	Aug. 05, 2020	Dec. 31, 2021	Aug. 31, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Jun. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Forfeitures, Number of shares					0		85,000	456,033
Vested and expected to vest, Number of shares			966,979		966,979		966,979
Stock-based compensation charge, net					$ 788	$ 232	$ 1,097	$ 631
Deferred tax asset related to stock-based compensation			$ 400		400		400		$ 100
Valuation allowance			400		$ 400		$ 400		$ 100
Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock options awarded						560,000		560,000
Forfeitures, Number of shares						205,999		205,999
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility calculation term							750 days
Exercisable stock options					145,015	181,333	376,348	337,666
Options exercise price range, lower limit					$ 3.01
Options exercise price range, upper limit					$ 11.23
Unrecognized compensation cost			400		$ 400		$ 400
Unrecognized compensation cost, expected recognition period, years							2 years
Stock Options [Member] | Former Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Forfeitures, Number of shares								250,034
Options exercise price range, lower limit								$ 6.20
Options exercise price range, upper limit								$ 11.23
Stock Options [Member] | Non-Employee Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock options awarded		150,000
Exercise price of stock options granted		$ 3.50
Stock Options [Member] | Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock options awarded					0
Forfeitures, Number of shares							85,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock options awarded							656,052
Vested number of shares of restricted stock					0			311,300
Forfeitures, Number of shares							30,000	510,200
Stock-based compensation charge, net					$ 800	$ 200	$ 1,100	$ 600
Unrecognized compensation cost			$ 4,000		$ 4,000		$ 4,000
Unrecognized compensation cost, expected recognition period, years							3 years
Period of assumed of purchased allocation							30 days
Volume-weighted average price period							30 days
Percent of top-up settled in shares of common stock							55.00%
Percent of election of executive							45.00%
Restricted Stock [Member] | Time-Based Vesting [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested number of shares of restricted stock								244,500
Share-based compensation accelerated vesting numbers								66,800
Restricted Stock [Member] | Former Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Forfeitures, Number of shares								375,200
Restricted Stock [Member] | Employees [Member] | Time-Based Vesting [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation number of stock awarded			50,300	44,986
Restricted Stock [Member] | Group Chief Executive Officer [Member] | Subject To Performance Conditions And Continued Employement Through June 30, 2024 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance target, per share	$ 8.14
Share based compensation number of stock awarded	117,304
Restricted Stock [Member] | Group Chief Executive Officer [Member] | Subject To Time Based Vesting And Continued Service Through June 30, 2024 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation number of stock awarded	117,304
Restricted Stock [Member] | Group Chief Executive Officer [Member] | Subject To Share Price Growth Targets [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested and expected to vest, Number of shares	58,652
Share-based compensation award vesting period	3 years
Restricted Stock [Member] | Executives [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Forfeitures, Number of shares					30,000		30,000	30,000
Restricted Stock [Member] | Executives [Member] | Matching [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock options awarded							326,158
Restricted Stock [Member] | Executives [Member] | Top Up [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock options awarded							71,647

Stock-Based Compensation (Summa

Stock-Based Compensation (Summarized Stock Option Activity) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020	Jun. 30, 2021	Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Number of shares, Beginning Balance	966,979	1,579,784	1,294,832	1,331,651	1,331,651
Exercised			(242,853)	(5,834)
Forfeitures, Number of shares	0		(85,000)	(456,033)
Outstanding, Number of shares, Ending Balance					1,294,832	1,331,651
Exercisable, Number of Shares	487,842		487,842
Vested and expected to vest, Number of shares	966,979		966,979
Outstanding, Weighted average exercise price, Beginning Balance	$ 4.19	$ 4.28	$ 3.93	$ 5.83	$ 5.83
Exercised, weighted average exercise price			3.05	3.07
Forfeitures, Weighted average exercise price			3.48	$ 7.03
Outstanding, Weighted average exercise price, Ending Balance					$ 3.93	$ 5.83
Exercisable, Weighted average exercise price	5.26		5.26
Vested and expected to vest, Weighted average exercise price	$ 4.19		$ 4.19
Outstanding, Weighted average remaining contractual term (in years)			6 years 9 months 3 days	8 years 14 days	7 years 8 months 4 days	7 years 6 months 21 days
Exercisable, Weighted average remaining contractual term (in years)	6 years 1 month 2 days
Vested and expected to vest, Weighted average remaining contractual term (in years)			6 years 9 months 3 days
Vested and expecting to vest, Aggregate intrinsic value	$ 1,056		$ 1,056
Outstanding, Aggregate intrinsic value, Beginning Balance	1,056	$ 2,104	1,624	$ 0	$ 0
Exercised, Aggregate intrinsic value			457	$ 21,000
Exercisable, Aggregate intrinsic value	$ 151		$ 151
Outstanding, Aggregate intrinsic value, Ending Balance					$ 1,624	$ 0
Outstanding, Weighted average grant date fair value, Beginning Balance	$ 1.53	$ 1.59	$ 1.45	$ 2.01	$ 2.01
Forfeitures, Weighted average grant date fair value			$ 1.34	$ 2.26
Outstanding, Weighted average grant date fair value, Ending Balance					$ 1.45	$ 2.01
August 2020 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of shares				150,000
Granted, Weighted average exercise price				$ 3.50
Granted, Weighted average remaining contractual term (in years)				3 years
Granted, Aggregate intrinsic value		$ 166		$ 166
Granted, Weighted average grant date fair value				$ 1.11
November 2020 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of shares				560,000
Granted, Weighted average exercise price				$ 3.01
Granted, Weighted average remaining contractual term (in years)				10 years
Granted, Aggregate intrinsic value		$ 691		$ 691
Granted, Weighted average grant date fair value				$ 1.23

Stock-Based Compensation (Range

Stock-Based Compensation (Range Of Assumptions Used To Value Options Granted) (Details) - Stock Options [Member]	6 Months Ended
	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	62.00%
Expected life (in years)	3 years
Risk-free rate	0.19%

Stock-Based Compensation (Restr

Stock-Based Compensation (Restricted Stock Activity) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Forfeitures, Number of Shares of Restricted Stock	0		(85,000)	(456,033)
Non-vested, Number of Shares of Restricted Stock, Ending Balance	1,010,612	294,000	1,010,612	294,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested, Number of Shares of Restricted Stock, Beginning Balance	1,010,612	294,000	384,560	1,115,500
Granted, Number of Shares of Restricted Stock			656,052
Vested, Number of Shares of Restricted Stock	0			(311,300)
Vested-Accelerated vesting, Number of Shares of Restricted Stock				(66,800)
Forfeitures, Number of Shares of Restricted Stock			(30,000)	(510,200)
Non-vested, Weighted Average Grant Date Fair Value, Beginning Balance	$ 4,629	$ 994	$ 1,123	$ 5,354
Granted, Weighted Average Grant Date Fair Value			3,190
Vested, Weighted Average Grant Date Fair Value				(1,037)
Vested-Accelerated vesting, Weighted Average Grant Date Fair Value				(225)
Forfeitures, Weighted Average Grant Date Fair Value			$ 160	$ (1,766)
Restricted Stock [Member] | August 2021 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of Shares of Restricted Stock			44,986
Granted, Weighted Average Grant Date Fair Value			$ 192
Restricted Stock [Member] | July 2021 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of Shares of Restricted Stock			234,608
Granted, Weighted Average Grant Date Fair Value			$ 963
Restricted Stock [Member] | November And December 2021 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of Shares of Restricted Stock			326,158
Granted, Weighted Average Grant Date Fair Value			$ 1,766
Restricted Stock [Member] | December 2021 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of Shares of Restricted Stock			50,300
Granted, Weighted Average Grant Date Fair Value			$ 269
Restricted Stock [Member] | November And December 2021 II [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of Shares of Restricted Stock			71,647
Vested, Number of Shares of Restricted Stock			(71,647)
Granted, Weighted Average Grant Date Fair Value			$ 393
Vested, Weighted Average Grant Date Fair Value			$ 393
Restricted Stock [Member] | September 2020 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vested, Number of Shares of Restricted Stock				(244,500)
Vested, Weighted Average Grant Date Fair Value				$ (812)

Stock-Based Compensation (Recor

Stock-Based Compensation (Recorded Net Stock Compensation Charge) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation charge	$ 788,000	$ 246,000	$ 1,132,000	$ 928,000
Reversal of stock compensation charge related to stock options and restricted stock forfeited		(14,000)	(35,000)	(297,000)
Total	788,000	232,000	1,097,000	631,000
Allocated To Selling, General And Administration [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation charge	788,000	246,000	1,132,000	928,000
Reversal of stock compensation charge related to stock options and restricted stock forfeited		(14,000)	(35,000)	(297,000)
Total	788,000	232,000	1,097,000	631,000
Allocated To Cost Of Goods Sold, IT Processing, Servicing And Support [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation charge	0	0	0	0
Reversal of stock compensation charge related to stock options and restricted stock forfeited		0	0	0
Total	$ 0	$ 0	$ 0	$ 0

(Loss) Earnings Per Share (Narr

(Loss) Earnings Per Share (Narrative) (Details) - Stock Options [Member] - $ / shares	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options outstanding not included in computation of diluted earnings per share	199,218		165,218
Options exercise price range, lower limit	$ 6.20	$ 3.01	$ 6.20	$ 3.01
Options exercise price range, upper limit	$ 11.23	$ 11.23	$ 11.23	$ 11.23
Price Range 1 [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options outstanding not included in computation of diluted earnings per share	270,832	1,579,784	270,832	1,579,784

(Loss) Earnings Per Share (Inco

(Loss) Earnings Per Share (Income From Continuing Operations And Share Data Used In Basic And Diluted Earnings Per Share Computations) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Net loss attributable to Net1	$ (12,406)	$ (4,534)	$ (25,400)	$ (33,492)
Undistributed (loss) earnings	$ (12,406)	$ (4,534)	$ (25,400)	$ (33,492)
Percent allocated to common shareholders (Calculation 1)	99.00%	99.00%	99.00%	99.00%
Numerator for (loss) earnings per share: basic and diluted	$ (12,234)	$ (4,508)	$ (25,080)	$ (33,098)
Denominator for basic (loss) earnings per share: weighted-average common shares outstanding	56,413,000	56,317,000	56,373,000	56,211,000
Denominator for diluted (loss) earnings per share: adjusted weighted average common shares outstanding and assuming conversion	56,413,000	56,317,000	56,373,000	56,211,000
(Loss) Earnings per share: Basic	$ (0.22)	$ (0.08)	$ (0.44)	$ (0.59)
(Loss) Earnings per share: Diluted	$ (0.22)	$ (0.08)	$ (0.44)	$ (0.59)
Basic weighted-average common shares outstanding (A)	56,413,000	56,317,000	56,373,000	56,211,000
Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B)	57,204	56,641	57,093	56,880

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Schedule Of Supplemental Cash Flow Disclosures) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Supplemental Cash Flow Information [Abstract]
Cash received from interest	$ 306	$ 714	$ 688	$ 1,209
Cash paid for interest	876	636	1,680	1,544
Cash (received) paid for income taxes	$ 279	$ 765	$ 290	$ 16,171

Supplemental Cash Flow Inform_4

Supplemental Cash Flow Information (Disaggregation Of Cash, Cash Equivalents And Restricted Cash) (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]
Cash and cash equivalents	$ 182,356		$ 198,572	$ 206,251
Restricted cash	57,788		25,193	60,803
Cash, cash equivalents and restricted cash	$ 240,144	$ 250,421	$ 223,765	$ 267,054	$ 215,911	$ 232,485

Supplemental Cash Flow Inform_5

Supplemental Cash Flow Information (Supplemental Cash Flow Disclosure Related To Leases) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Supplemental Cash Flow Information [Abstract]
Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases	$ 838	$ 1,007	$ 1,763	$ 1,879
Right-of-use assets obtained in exchange for lease obligations: Operating leases	$ 514	$ 90	$ 1,018	$ 90

Revenue Recognition (Revenue Di

Revenue Recognition (Revenue Disaggregated By Major Revenue Streams) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Revenues	$ 31,114	$ 32,305	$ 65,618	$ 67,441
Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	16,639	16,259	33,803	31,631
Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	14,079	15,168	30,992	33,376
All Others [Member]
Disaggregation of Revenue [Line Items]
Revenues	396	878	823	2,434
Processing Fees [Member]
Disaggregation of Revenue [Line Items]
Revenues	16,686	15,330	32,780	32,259
Processing Fees [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	7,801	7,697	15,460	16,139
Processing Fees [Member] | Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	8,489	6,755	16,497	13,686
Processing Fees [Member] | All Others [Member]
Disaggregation of Revenue [Line Items]
Revenues	396	878	823	2,434
Telecom Products And Services [Member]
Disaggregation of Revenue [Line Items]
Revenues	2,030	3,148	4,307	7,570
Telecom Products And Services [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Telecom Products And Services [Member] | Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	2,030	3,148	4,307	7,570
Telecom Products And Services [Member] | All Others [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Account Holder Fees [Member]
Disaggregation of Revenue [Line Items]
Revenues	1,378	1,273	2,821	2,456
Account Holder Fees [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	1,378	1,273	2,821	2,456
Account Holder Fees [Member] | Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Account Holder Fees [Member] | All Others [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Lending Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenues	5,181	5,288	10,557	9,488
Lending Revenue [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	5,181	5,288	10,557	9,488
Lending Revenue [Member] | Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Lending Revenue [Member] | All Others [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Technology Products [Member]
Disaggregation of Revenue [Line Items]
Revenues	3,101	5,081	8,186	11,615
Technology Products [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	80	71	212	71
Technology Products [Member] | Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	3,021	5,010	7,974	11,544
Technology Products [Member] | All Others [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Insurance Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenues	2,034	1,613	4,227	3,070
Insurance Revenue [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	2,034	1,613	4,227	3,070
Insurance Revenue [Member] | Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Insurance Revenue [Member] | All Others [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Other [Member]
Disaggregation of Revenue [Line Items]
Revenues	704	572	2,740	983
Other [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	165	317	526	407
Other [Member] | Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	539	255	2,214	576
Other [Member] | All Others [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
South Africa [Member]
Disaggregation of Revenue [Line Items]
Revenues	30,718	31,427	64,795	65,007
South Africa [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	16,639	16,259	33,803	31,631
South Africa [Member] | Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	14,079	15,168	30,992	33,376
South Africa [Member] | All Others [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
South Africa [Member] | Processing Fees [Member]
Disaggregation of Revenue [Line Items]
Revenues	16,290	14,452	31,957	29,825
South Africa [Member] | Processing Fees [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	7,801	7,697	15,460	16,139
South Africa [Member] | Processing Fees [Member] | Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	8,489	6,755	16,497	13,686
South Africa [Member] | Processing Fees [Member] | All Others [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Rest Of World [Member]
Disaggregation of Revenue [Line Items]
Revenues	396	878	823	2,434
Rest Of World [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Rest Of World [Member] | Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Rest Of World [Member] | All Others [Member]
Disaggregation of Revenue [Line Items]
Revenues	396	878	823	2,434
Rest Of World [Member] | Processing Fees [Member]
Disaggregation of Revenue [Line Items]
Revenues	396	878	823	2,434
Rest Of World [Member] | Processing Fees [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Rest Of World [Member] | Processing Fees [Member] | Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
Rest Of World [Member] | Processing Fees [Member] | All Others [Member]
Disaggregation of Revenue [Line Items]
Revenues	$ 396	$ 878	$ 823	$ 2,434

Leases (Narrative) (Details)

Leases (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Operating lease expense	$ 0.8	$ 1	$ 1.8	$ 1.9
Short-term Lease [Member]
Operating lease expense	$ 1.3	$ 0.9	$ 2.6	$ 2
Minimum [Member]
Operating leases have a remaining lease term			1 year
Maximum [Member]
Operating leases have a remaining lease term			5 years

Leases (Supplemental Balance Sh

Leases (Supplemental Balance Sheet Disclosure Related To Right-of-use Assets And Operating Leases Liabilities) (Details)	Dec. 31, 2021	Jun. 30, 2021
Leases [Abstract]
Weighted average remaining lease term (years)	2 years 10 months 28 days	3 years 11 months 8 days
Weighted average discount rate	9.60%	9.30%

Leases (Maturities Of Operating

Leases (Maturities Of Operating Lease Liability) (Details) $ in Thousands	Dec. 31, 2021USD ($)
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2022 (for December 31, 2021 excluding six months to December 31, 2021)	$ 1,635
2023	1,573
2024	712
2025	202
2026	0
Thereafter	0
Total undiscounted operating lease liabilities	4,122
Less imputed interest	325
Total operating lease liabilities, included in	3,797
Operating lease liability - current	2,516
Operating lease liability - long-term	$ 1,281

Leases (Maturities Of Operati_2

Leases (Maturities Of Operating Lease Liability) (Alternate) (Details) $ in Thousands	Dec. 31, 2021USD ($)
Leases [Abstract]
Lessee, Operating Lease, Liability, Payments, Due	$ 4,122
Total operating lease liabilities, included in	3,797
Less imputed interest	$ 325

Operating Segments (Reconciliat

Operating Segments (Reconciliation Of Reportable Segments Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	$ 31,114	$ 32,305	$ 65,618	$ 67,441
Consumer [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	16,639	16,259	33,803	31,631
Merchant [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	14,079	15,168	30,992	33,376
Other [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	396	878	823	2,434
Reportable Segment [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	31,137	32,343	65,800	67,517
Reportable Segment [Member] | Consumer [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	16,639	16,259	33,803	31,631
Reportable Segment [Member] | Merchant [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	14,102	15,206	31,174	33,452
Reportable Segment [Member] | Other [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	396	878	823	2,434
Inter-Segment [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	(23)	(38)	(182)	(76)
Inter-Segment [Member] | Consumer [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	0	0	0	0
Inter-Segment [Member] | Merchant [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	(23)	(38)	(182)	(76)
Inter-Segment [Member] | Other [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	$ 0	$ 0	$ 0	$ 0

Operating Segments (Reconcili_2

Operating Segments (Reconciliation Of Reportable Segments Measure Of Profit Or Loss To Loss Before Income Tax Expense (Benefit)) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating loss	$ (9,427)	$ (15,205)	$ (20,652)	$ (25,980)
Depreciation and amortization	726	1,074	1,621	1,997
Change in fair value of equity securities	0	15,128	0	15,128
Unrealized loss related to fair value adjustment to currency options	(2,429)	0	(2,429)	0
Loss on disposal of equity-accounted investment	0	(13)	0	(13)
Interest income	313	717	702	1,328
Interest expense	(765)	(677)	(1,581)	(1,424)
Loss before income taxes expense (benefit)	(12,308)	(50)	(23,960)	(10,961)
Lease Adjustments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating loss	833	1,062	1,757	1,887
Reportable Segment [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating loss	(3,633)	(8,326)	(11,059)	(14,557)
Depreciation and amortization	710	986	1,587	1,828
Corporate/Eliminations [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating loss	(4,235)	(4,743)	(6,215)	(7,539)
Depreciation and amortization	$ (16)	$ (88)	$ (34)	$ (169)

Operating Segments (Summary Of

Operating Segments (Summary Of Segment Information) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Revenues	$ 31,114	$ 32,305	$ 65,618	$ 67,441
Operating (loss) income	(9,427)	(15,205)	(20,652)	(25,980)
Depreciation and amortization	726	1,074	1,621	1,997
Expenditures for long-lived assets	189	3,023	887	3,298
EBITDA [Member]
Segment Reporting Information [Line Items]
Operating (loss) income	(7,868)	(13,069)	(17,274)	(22,096)
Lease Adjustments [Member]
Segment Reporting Information [Line Items]
Operating (loss) income	833	1,062	1,757	1,887
Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues	31,137	32,343	65,800	67,517
Operating (loss) income	(3,633)	(8,326)	(11,059)	(14,557)
Depreciation and amortization	710	986	1,587	1,828
Expenditures for long-lived assets	189	3,023	887	3,298
Corporate/Eliminations [Member]
Segment Reporting Information [Line Items]
Operating (loss) income	(4,235)	(4,743)	(6,215)	(7,539)
Depreciation and amortization	(16)	(88)	(34)	(169)
Expenditures for long-lived assets	0	0	0	0
Consumer [Member]
Segment Reporting Information [Line Items]
Revenues	16,639	16,259	33,803	31,631
Consumer [Member] | Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues	16,639	16,259	33,803	31,631
Operating (loss) income	(4,551)	(5,214)	(14,005)	(11,785)
Depreciation and amortization	499	804	1,151	1,477
Expenditures for long-lived assets	168	3,002	810	3,244
Merchant [Member]
Segment Reporting Information [Line Items]
Revenues	14,079	15,168	30,992	33,376
Merchant [Member] | Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues	14,102	15,206	31,174	33,452
Operating (loss) income	795	1,227	2,680	4,198
Depreciation and amortization	196	163	406	311
Expenditures for long-lived assets	20	21	76	31
Other [Member]
Segment Reporting Information [Line Items]
Revenues	396	878	823	2,434
Other [Member] | Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues	396	878	823	2,434
Operating (loss) income	123	(4,339)	266	(6,970)
Depreciation and amortization	15	19	30	40
Expenditures for long-lived assets	$ 1	$ 0	$ 1	$ 23

Commitments And Contingencies (

Commitments And Contingencies (Narrative) (Details) - 3 months ended Dec. 31, 2021 - Nedbank [Member] - Guarantee [Member] R in Millions, $ in Millions	USD ($)	ZAR (R)
Guarantor Obligations [Line Items]
Guarantee amount	$ 9.8	R 156.6
Maximum payment amount under guarantee	$ 9.8	R 156.6
Minimum [Member]
Guarantor Obligations [Line Items]
Guarantees commission fee percent per annum	0.40%
Maximum [Member]
Guarantor Obligations [Line Items]
Guarantees commission fee percent per annum	1.82%

Subsequent Events (Narrative) (

Subsequent Events (Narrative) (Details) $ in Thousands	Oct. 31, 2021ZAR (R)shares	Mar. 31, 2022USD ($)	Mar. 31, 2022ZAR (R)	Dec. 31, 2021USD ($)
Subsequent Event [Line Items]
Maximum borrowing capacity | $				$ 113,401
Scenario Forecast [Member] | Maximum [Member]
Subsequent Event [Line Items]
Retrenchment process, incurred cost		$ 6,700	R 105,000,000
Scenario Forecast [Member] | Minimum [Member]
Subsequent Event [Line Items]
Retrenchment process, incurred cost		$ 5,500	R 85,000,000
Connect Group [Member] | Sale Agreement [Member]
Subsequent Event [Line Items]
Business combination consideration transferred amount	R 3,700,000,000
Purchase price escalator rate under sale agreement	3.05%
Amount agreed to be paid to sellers if debt financing are not satisfied	R 50,000,000
Amount to be received from sellers if sale agreement is terminated	50,000,000
Awards To Certain Members Of Management [Member] | Connect Group [Member] | Sale Agreement [Member]
Subsequent Event [Line Items]
Business combination consideration transferred amount	175,900,000
RMB [Member] | Facility G [Member]
Subsequent Event [Line Items]
Non-Refundable deal origination fee	R 11,250,000
RMB [Member] | Facility G [Member] | JIBAR [Member]
Subsequent Event [Line Items]
Debt effective rate	3.89%
RMB [Member] | Facility H [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity	R 350,000,000
Non-Refundable deal origination fee	R 5,250,000
Debt Instrument Term	18 months
Benchmark amount for capitalization option	R 3,250,000,000
Asset cover ratio	5
RMB [Member] | Facility H [Member] | JIBAR [Member]
Subsequent Event [Line Items]
Debt instrument variable interest rate	2.00%
Possible increase in variable basis spread	2.00%
RMB [Member] | First 9 Months [Member] | Facility G [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity	R 750,000,000
Debt Instrument Term				18 months
RMB [Member] | First 9 Months [Member] | Facility G [Member] | JIBAR [Member]
Subsequent Event [Line Items]
Debt instrument variable interest rate	3.00%
RMB [Member] | After 9 Months [Member] | Facility G [Member]
Subsequent Event [Line Items]
Outstanding amount	R 250,000,000
RMB [Member] | After 9 Months [Member] | Facility G [Member] | JIBAR [Member]
Subsequent Event [Line Items]
Debt instrument variable interest rate	2.50%
RMB [Member] | After 9 Months, Scenario 2 [Member] | Facility G [Member] | JIBAR [Member]
Subsequent Event [Line Items]
Debt instrument variable interest rate	3.00%
RMB [Member] | After 9 Months, Scenario 2 [Member] | Maximum [Member] | Facility G [Member]
Subsequent Event [Line Items]
Outstanding amount	R 450,000,000
RMB [Member] | After 9 Months, Scenario 2 [Member] | Minimum [Member] | Facility G [Member]
Subsequent Event [Line Items]
Outstanding amount	R 250,000,000
RMB [Member] | After 9 Months, Scenario 3 [Member] | Facility G [Member] | JIBAR [Member]
Subsequent Event [Line Items]
Debt instrument variable interest rate	3.50%
RMB [Member] | After 9 Months, Scenario 3 [Member] | Minimum [Member] | Facility G [Member]
Subsequent Event [Line Items]
Outstanding amount	R 450,000,000
RMB [Member] | Connect Group [Member] | Sale Agreement [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity	2,350,000,000
Maximum Required Total Assets For Covenants	300,000,000
RMB [Member] | Connect Group [Member] | Sale Agreement [Member] | Financing Agreements 1 [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity	1,100,000,000
RMB [Member] | Connect Group [Member] | Sale Agreement [Member] | Financing Agreements CCMS-RMB [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity	R 1,250,000,000
Common Stock [Member] | Connect Group [Member] | Sale Agreement [Member]
Subsequent Event [Line Items]
Business acquisition number of issuable number of shares | shares	3,065,883