Lesaka (LSAK) 10-Q 10 May 22 2022 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Mar. 31, 2022	May 04, 2022
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2022
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		59,178,548
Current Fiscal Year End Date	--06-30
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Entity Central Index Key	0001041514
Amendment Flag	false

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2021
CURRENT ASSETS
Cash and cash equivalents	$ 183,712	$ 198,572
Restricted cash related to ATM funding and credit facilities (Note 8)	56,336	25,193
Accounts receivable, net and other receivables (Note 2)	24,435	26,583
Finance loans receivable, net (Note 2)	22,196	21,142
Inventory (Note 3)	22,104	22,361
Total current assets before settlement assets	308,783	293,851
Settlement assets	364	466
Total current assets	309,147	294,317
PROPERTY, PLANT AND EQUIPMENT, net of accumulated depreciation of - March: $37,708 June: $38,535	5,851	7,492
OPERATING LEASE RIGHT-OF-USE (Note 16)	3,375	4,519
EQUITY-ACCOUNTED INVESTMENTS (Note 5)	7,275	10,004
GOODWILL (Note 6)	28,661	29,153
INTANGIBLE ASSETS, NET (Note 6)	298	357
DEFERRED INCOME TAXES	1,066	622
OTHER LONG-TERM ASSETS, including reinsurance assets (Note 5 and 7)	77,992	81,866
TOTAL ASSETS	433,665	428,330
CURRENT LIABILITIES
Short-term credit facilities for ATM funding (Note 8)	45,678	14,245
Accounts payable	5,102	7,113
Other payables (Note 9)	27,187	27,588
Operating lease liability - current (Note 16)	2,232	2,822
Income taxes payable	695	256
Total current liabilities before settlement obligations	80,894	52,024
Settlement obligations	364	466
Total current liabilities	81,258	52,490
DEFERRED INCOME TAXES	10,408	10,415
OPERATING LEASE LIABILITY - LONG TERM (Note 16)	1,345	1,890
OTHER LONG-TERM LIABILITIES, including insurance policy liabilities (Note 7)	2,695	2,576
TOTAL LIABILITIES	95,706	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 - March: 57,713,203 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: - March: -
ADDITIONAL PAID-IN-CAPITAL	304,430	301,959
TREASURY SHARES, AT COST: March: 24,891,292 June: 24,891,292	(286,951)	(286,951)
ACCUMULATED OTHER COMPREHENSIVE LOSS (Note 11)	(142,465)	(145,721)
RETAINED EARNINGS	377,886	406,613
TOTAL NET1 EQUITY	252,980	275,980
NON-CONTROLLING INTEREST	0	0
TOTAL EQUITY	252,980	275,980
TOTAL LIABILITIES, REDEEMABLE COMMON STOCK AND SHAREHOLDERS' EQUITY	$ 433,665	$ 428,330

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2021
Condensed Consolidated Balance Sheets [Abstract]
Property, plant and equipment, accumulated depreciation	$ 37,708	$ 38,535
Common stock, shares authorized	200,000,000	200,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	57,921,062	56,716,620
Common stock, shares outstanding	57,921,062	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		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Condensed Consolidated Statements Of Operations [Abstract]
REVENUE (Note 15)	$ 35,202	$ 28,828	$ 100,820	$ 96,269
EXPENSE
Cost of goods sold, IT processing, servicing and support	23,008	23,096	67,795	73,895
Selling, general and administration	15,184	18,892	53,372	59,517
Depreciation and amortization	463	1,132	2,084	3,129
Reorganization costs (Note 1)	5,852	0	5,852	0
Transaction costs related to Connect Group acquisition	116	0	1,790	0
OPERATING LOSS	(9,421)	(14,292)	(30,073)	(40,272)
CHANGE IN FAIR VALUE OF EQUITY SECURITIES (Note 4 and 5)	0	10,814	0	25,942
GAIN RELATED TO FAIR VALUE ADJUSTMENT TO CURRENCY OPTIONS (Note 4)	(6,120)	0	(3,691)	0
LOSS ON DISPOSAL OF EQUITY-ACCOUNTED INVESTMENT (Note 5)	346	0	346	13
GAIN ON DISPOSAL OF EQUITY SECURITIES (Note 5)	720	0	720	0
LOSS ON DISPOSAL OF EQUITY-ACCOUNTED INVESTMENT - BANK FRICK (Note 5)	0	(472)	0	(472)
INTEREST INCOME	761	606	1,463	1,934
INTEREST EXPENSE	691	744	2,272	2,168
LOSS BEFORE INCOME TAX EXPENSE	(2,857)	(4,088)	(26,817)	(15,049)
INCOME TAX EXPENSE (Note 18)	470	2,171	754	4,549
NET LOSS BEFORE EARNINGS LOSS FROM EQUITY-ACCOUNTED INVESTMENTS	(3,327)	(6,259)	(27,571)	(19,598)
EARNINGS (LOSS) FROM EQUITY-ACCOUNTED INVESTMENTS (Note 5)	0	55	(1,156)	(20,098)
NET LOSS ATTRIBUTABLE TO NET1	$ (3,327)	$ (6,204)	$ (28,727)	$ (39,696)
Net loss per share, in United States dollars (Note 13):
Basic loss attributable to Net1 shareholders	$ (0.06)	$ (0.11)	$ (0.50)	$ (0.70)
Diluted loss attributable to Net1 shareholders	$ (0.06)	$ (0.11)	$ (0.50)	$ (0.70)

Condensed Consolidated Statem_2

Condensed Consolidated Statements Of Comprehensive (Loss) Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Net loss	$ (3,327)	$ (6,204)	$ (28,727)	$ (39,696)
Other comprehensive income (loss), net of taxes
Movement in foreign currency translation reserve	14,831	(2,470)	3,317	23,675
Movement in foreign currency translation reserve related to equity-accounted investments	0	0	(644)	1,688
Release of foreign currency translation reserve related to disposal (Note 5)	583	(2,462)	583	(2,462)
Total other comprehensive (loss) income, net of taxes	15,414	(4,932)	3,256	22,901
Comprehensive income (loss)	12,087	(11,136)	(25,471)	(16,795)
Comprehensive income (loss) attributable to Net1	12,087	(11,136)	(25,471)	(16,795)
Finbond Equity Securities [Member]
Other comprehensive income (loss), net of taxes
Release of foreign currency translation reserve related to disposal (Note 5)	(583)	0	(583)	0
Bank Frick [Member]
Other comprehensive income (loss), net of taxes
Release of foreign currency translation reserve related to disposal (Note 5)	$ 0	$ 2,462	$ 0	$ 2,462

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)	$ 53	$ 0		$ 17,335	53			53
Exercise of stock option (Note 12), shares	17,335	17,335
Stock-based compensation charge (Note 12)	$ 1,173				1,173			1,173
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	(39,696)					(39,696)		(39,696)	0
Other comprehensive (loss) income (Note 11)	$ 22,901						22,901	22,901	0
Balance, Number of Shares at Mar. 31, 2021	56,626,060	81,517,352	(24,891,292)	56,626,060
Balance at Mar. 31, 2021	$ 274,405	$ 80	$ (286,951)		302,476	404,974	(146,174)	274,405	0
Redeemable Common Stock, Balance at Mar. 31, 2021	84,979
Balance, Number of Shares at Dec. 31, 2020		81,505,851	(24,891,292)	56,614,559
Balance at Dec. 31, 2020	285,261	$ 80	$ (286,951)		302,196	411,178	(141,242)	285,261	0
Redeemable Common Stock, Balance at Dec. 31, 2020	84,979
Exercise of stock option (Note 12)	35	$ 0			35			35
Exercise of stock option (Note 12), shares		11,501		11,501
Stock-based compensation charge (Note 12)	245				245			245
Reversal of stock-based compensation charge (Note 12)	0				0			0
Reversal of stock-based compensation charge (Note 12), shares		0		0
Net loss	(6,204)					(6,204)		(6,204)	0
Other comprehensive (loss) income (Note 11)	$ (4,932)						(4,932)	(4,932)	0
Balance, Number of Shares at Mar. 31, 2021	56,626,060	81,517,352	(24,891,292)	56,626,060
Balance at Mar. 31, 2021	$ 274,405	$ 80	$ (286,951)		302,476	404,974	(146,174)	274,405	0
Redeemable Common Stock, Balance at Mar. 31, 2021	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)	$ 760	$ 0			760			760
Exercise of stock option (Note 12), shares	249,521	249,521		249,521
Restricted stock granted (Note 12), shares		984,921		984,921
Stock-based compensation charge (Note 12)	$ 1,751				1,751			1,751
Reversal of stock-based compensation charge (Note 12)	(40)				(40)			(40)
Reversal of stock-based compensation charge (Note 12), shares		(30,000)		(30,000)
Stock-based compensation charge related to equity-accounted investment (Note 5)	0				0			0
Net loss	(28,727)					(28,727)		(28,727)	0
Other comprehensive (loss) income (Note 11)	$ 3,256						3,256	3,256	0
Balance, Number of Shares at Mar. 31, 2022	57,921,062	82,812,354	(24,891,292)	57,921,062
Balance at Mar. 31, 2022	$ 252,980	$ 80	$ (286,951)		304,430	377,886	(142,465)	252,980	0
Redeemable Common Stock, Balance at Mar. 31, 2022	84,979
Balance, Number of Shares at Dec. 31, 2021		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
Exercise of stock option (Note 12)	21				21			21
Exercise of stock option (Note 12), shares		6,668		6,668
Restricted stock granted (Note 12), shares		257,222		257,222
Stock-based compensation charge (Note 12)	619				619			619
Reversal of stock-based compensation charge (Note 12)	(5)				(5)			(5)
Reversal of stock-based compensation charge (Note 12), shares		0		0
Stock-based compensation charge related to equity-accounted investment (Note 5)	(9)				(9)			(9)
Net loss	(3,327)					(3,327)		(3,327)	0
Other comprehensive (loss) income (Note 11)	$ 15,414						15,414	15,414	0
Balance, Number of Shares at Mar. 31, 2022	57,921,062	82,812,354	(24,891,292)	57,921,062
Balance at Mar. 31, 2022	$ 252,980	$ 80	$ (286,951)		$ 304,430	$ 377,886	$ (142,465)	$ 252,980	$ 0
Redeemable Common Stock, Balance at Mar. 31, 2022	$ 84,979

Condensed Consolidated Statem_4

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities
Net loss	$ (3,327)	$ (6,204)	$ (28,727)	$ (39,696)
Depreciation and amortization	463	1,132	2,084	3,129
Impairment loss	(27)	0	198	0
Movement in allowance for doubtful accounts receivable	91	299	1,217	913
(Earning) Loss from equity-accounted investments	0	(55)	1,156	20,098
Change in fair value of securities (Note 4 and 5)	0	(10,814)	0	(25,942)
Interest payable	(97)	(25)	(199)	(46)
(Gain) Loss related to fair value adjustment to currency options	(2,391)		38
Fair value adjustment related to financial liabilities	(152)	(475)	(476)	1,201
Gain on disposal of equity securities (Note 5)	(720)	0	(720)	0
(Profit) Loss on disposal of property, plant and equipment	(1,077)	(142)	(2,598)	600
Stock-based compensation charge (Note 12)	614	245	1,711	876
Dividends received from equity accounted investments	0	0	137	125
(Increase) Decrease in accounts receivable and finance loans receivable	(687)	5,786	(2,966)	4,230
(Increase) Decrease in inventory	(181)	428	(27)	2,642
(Decrease) Increase in accounts payable and other payables	(1,913)	(894)	(1,668)	(4,393)
Increase (Decrease) in taxes payable	395	(160)	444	(15,498)
Loss on disposal of equity-accounted investments (Note 5)	346	0	346	13
(Decrease) Increase in deferred taxes	(112)	2,153	(458)	424
Loss on disposal of equity-accounted investment - Bank Frick	0	(472)	0	(472)
Movement in allowance for doubtful loans to equity-accounted investments	0	0	0	739
Net cash used in operating activities	(8,775)	(8,254)	(30,508)	(50,113)
Cash flows from investing activities
Capital expenditures	(834)	(649)	(1,721)	(3,947)
Proceeds from disposal of property, plant and equipment	1,538	254	3,529	345
Proceeds from disposal of equity securities (Note 5)	720	0	720	0
Proceeds from disposal of equity-accounted investment (Note 5)	819	0	819	0
Proceeds from disposal of equity-accounted investment - Bank Frick - net of expenses	0	18,568	7,500	18,568
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	0	0	6,010
Loan to equity-accounted investment (Note 5)	0	0	0	(1,238)
Repayment of loans by equity-accounted investments	0	0	0	134
Net change in settlement assets	5	745	102	6,190
Net cash provided by investing activities	2,248	18,918	10,949	46,176
Cash flows from financing activities
Proceeds from exercise stock options	20	35	759	53
Proceeds from bank overdraft (Note 8)	95,048	55,280	406,398	261,759
Repayment of bank overdraft (Note 8)	(100,832)	(103,195)	(372,508)	(268,303)
Proceeds from disgorgement of shareholders' short-swing profits	0	0	0	124
Net change in settlement obligations	(5)	(745)	(102)	(6,190)
Net cash (used in) provided by financing activities	(5,769)	(48,625)	34,547	(12,557)
Effect of exchange rate changes on cash and cash equivalents	12,200	(2,263)	1,295	10,839
Net (decrease) increase in cash, cash equivalents and restricted cash	(96)	(40,224)	16,283	(5,655)
Cash, cash equivalents and restricted cash - beginning of period	240,144	267,054	223,765	232,485
Cash, cash equivalents and restricted cash - end of period (Note 14)	$ 240,048	$ 226,830	$ 240,048	$ 226,830

Basis Of Presentation And Summa

Basis Of Presentation And Summary Of Significant Accounting Policies	9 Months Ended
	Mar. 31, 2022
Basis Of Presentation And Summary Of Significant Accounting Policies [Abstract]
Basis Of Presentation And Summary Of Significant Accounting Policies	NET 1 UEPS TECHNOLOGIES, INC. Notes to the Unaudited Condensed Consolidated Financial Statements for the three and nine months ended March 31, 2022 and 2021 (All amounts in tables stated in thousands or thousands of U.S. dollars, unless otherwise stated) 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 nine months ended March 31, 2022 and 2021, 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 operated at adjusted Level 1 during its most recent fiscal quarter, which had a limited impact on the Company’s businesses, and which ceased to be in operation on April 4, 2022. South Africa is subject to limited COVID-19 restrictions following the lifting of the National State of Disaster in South Africa on April 5, 2022. These restrictions are expected to have a limited impact on the Company’s business. 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 billion 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’s insurance claims to recover the cost of approximately ZAR 40.0 million to repair and replace its branches and ATMs have been met in full. The Company received ZAR 12.6 million and ZAR 38.6 million from SASRIA during the three and nine months ended March 31, 2022, respectively. 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 nine months ended March 31, 2022, as a result of this decision. 1. Basis of Presentation and Summary of Significant Accounting Policies (continued) Reorganization charge - financial services restructuring 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 a breakeven position 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 embarked on a retrenchment process pursuant to Section 189A of the South African Labour Relations Act (“Labour Act”) on January 10, 2022. The Company incurred cash costs of approximately $ 6.7 million (ZAR 103.4 million) during the three and nine months ended March 31, 2022, principally consisting of severance and related payments and the payment of unutilized leave days. The Company has recorded an expense of $ 5.9 million in the caption reorganization costs in the Company’s unaudited condensed consolidated statements of operations for the three and nine months ended March 31, 2022. The primary difference between the reorganization charge amount and the total cash paid relates to leave pay which was accrued in prior periods. Impact of events in Russia and Ukraine The Company does not expect its operations to be significantly impacted by events unfolding in Russia and Ukraine. The Company believes that these events may adversely impact South African gross domestic product and rates of inflation as a result of the recent increases in crude oil prices, which is likely to impact economic activity in South Africa and therefore indirectly affect the Company. It may also lead to higher input prices for certain of the goods and services the Company procures. 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 March 31, 2022 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. In October 2021, the FASB issued guidance which amends guidance in Business Combinations (Topic 805) regarding the recognition and measurement of contract assets and liabilities in a business combination. These items are recognized at fair value on acquisition under current guidance. The new guidance requires an acquiring entity to apply guidance in Revenue Recognition (Topic 606) to recognize and measure contract assets and contract liabilities in a business combination. This guidance is effective for the Company beginning July 1, 2022. 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	9 Months Ended
	Mar. 31, 2022
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 March 31, 2022, and June 30, 2021 , are presented in the table below: March 31, June 30, 2022 2021 Accounts receivable, trade, net $ 10,025 $ 10,493 Accounts receivable, trade, gross 10,479 10,760 Allowance for doubtful accounts receivable, end of period 454 267 Beginning of period 267 253 Reversed to statement of operations ( 60) ( 182) Charged to statement of operations 251 232 Utilized ( 3) ( 59) Foreign currency adjustment ( 1) 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 10,520 8,590 Total accounts receivable, net and other receivables $ 24,435 $ 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 March 31, 2022. 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 March 31, 2022 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 March 31, 2022: 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 March 31, 2022, and June 30, 2021 , are presented in the table below: March 31, June 30, 2022 2021 Microlending finance loans receivable, net $ 22,196 $ 21,142 Microlending finance loans receivable, gross 24,662 23,491 Allowance for doubtful finance loans receivable, end of period 2,466 2,349 Beginning of period 2,349 1,858 Reversed to statement of operations - ( 1,004) Charged to statement of operations 1,026 2,060 Utilized ( 873) ( 967) Foreign currency adjustment ( 36) 402 Total finance loans receivable, net $ 22,196 $ 21,142

Inventory

Inventory	9 Months Ended
	Mar. 31, 2022
Inventory [Abstract]
Inventory	3. Inventory The Company’s inventory comprised the following categories as of March 31, 2022, and June 30, 2021 March 31, June 30, 2022 2021 Finished goods $ 22,104 $ 22,361 $ 22,104 $ 22,361 As of March 31, 2022, and June 30, 2021, finished goods includes $ 15.7 million and $ 16.5 million, respectively, 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	9 Months Ended
	Mar. 31, 2022
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. Interest rates in South Africa are trending upwards and the Company expects higher interest rates in the foreseeable future which will increase its cost of borrowing. The Company periodically evaluates the cost and effectiveness of interest rate hedging strategies to manage this risk. 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 provides unsecured short-term loans to qualifying customers. Credit bureau checks as well as an affordability test are conducted as part of the risk management process, both of which being in line with local regulations. The affordability test 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 March 31, 2022, and June 30, 2021, and valued Cell C at $ 0.0 (zero) at March 31, 2022, 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 March 31, 2022 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 March 31, 2022 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 - March 31, 2022: (1) ZAR 11.7 billion ($ 0.8 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 March 31, 2022. (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 3.3% increase and 2.5% decrease in the WACC rate and the EBITDA margins respectively used in the Cell C valuation on March 31, 2022, all amounts translated at exchange rates applicable as of March 31, 2022: Sensitivity for fair value of Cell C investment 3.3% increase 2.5% decrease WACC rate $ - $ 432 EBITDA margin $ 548 $ - The fair value of the Cell C shares as of March 31, 2022, 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 March 31, 2022. 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 held a significant amount of U.S. dollars and intended to use a portion of these funds to settle part of the purchase consideration related to the Connect Group acquisition. The purchase consideration was expected to be settled in ZAR. Accordingly, the Company entered into foreign exchange option contracts with FirstRand Bank Limited acting through its 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). 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 marked-to-market the synthetic forwards as of December 31, 2021, using a Black-Scholes option pricing model which determined the respective fair value of the options utilizing current market parameters, and recorded an unrealized loss of $ 2.4 million during the three months ended December 31, 2021. These currency options matured on February 24, 2022. The Company generated a realized gain of $ 3.7 million upon maturity. During the three and nine months ended March 31, 2022, the Company recorded a net gain of $ 6.1 million (which includes the reversal of the $ 2.4. million unrealized loss which was previously recorded) and $ 3.7 million, respectively. The net gain is included in the caption gain related to fair value adjustment to currency options in the Company’s unaudited condensed consolidated statements of operations for the three and nine months ended March 31, 2022. 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 March 31, 2022, 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) 411 - - 411 Fixed maturity investments (included in cash and cash equivalents) 3,090 - - 3,090 Total assets at fair value $ 3,501 $ - $ - $ 3,501 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 nine months ended March 31, 2022 and 2021, 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 nine months ended March 31, 2022 and 2021. 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 nine months ended March 31, 2022: Carrying value Assets Balance as of June 30, 2021 $ - Foreign currency adjustment (1) - Balance as of March 31, 2022 $ - (1) The foreign currency adjustment represents the effects of the fluctuations between the ZAR and the U.S. dollar on the carrying value. 4. Fair value of financial instruments (continued) 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 nine months ended March 31, 2021: Carrying value Assets Balance as of June 30, 2020 $ - Foreign currency adjustment (1) - Balance as of March 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. 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 any 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	9 Months Ended
	Mar. 31, 2022
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 March 31, 2022, and June 30, 2021, was as follows: March 31, June 30, 2022 2021 Finbond Group Limited (“Finbond”) 29.0 % 31.5 % Carbon Tech Limited (“Carbon”) 25.0 % 25.0 % SmartSwitch Namibia (Pty) Ltd (“SmartSwitch Namibia”) 50.0 % 50.0 % Finbond As of March 31, 2022, the Company owned 247,438,164 shares in Finbond representing approximately 29.0% of its issued and outstanding ordinary shares. Finbond is listed on the Johannesburg Stock Exchange (“JSE”) and its closing price on March 31, 2022, the last trading day of the month, was ZAR 0.50 per share. The market value, using the March 31, 2022, closing price, of the Company’s holding in Finbond on March 31, 2022, was ZAR 123.7 million ($ 8.5 million translated at exchange rates applicable as of March 31, 2022). The Company sold 21,382,769 shares in Finbond for cash during the three and nine months ended March 31, 2022, and recorded a loss of $ 0.3 million in the caption loss on equity-accounted investment in the Company’s unaudited condensed consolidated statements of operations. The following table presents the calculation of the loss on disposal of Finbond shares during the three and nine months ended March 31, 2022: Three and nine months ended March 31, 2022 Loss on disposal of Finbond shares: Consideration received in cash $ 819 Less: carrying value of Finbond shares sold ( 591) Less: release of foreign currency translation reserve from accumulated other comprehensive loss ( 583) Add: release of stock-based compensation charge related to equity-accounted investment 9 Loss on sale of Finbond shares $ ( 346) Summarized below is the movement in equity-accounted investments and loans provided to equity-accounted investments during the nine months ended March 31, 2022: 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) Disposal of Finbond shares ( 591) - ( 591) Foreign currency adjustment (2) ( 206) ( 4) ( 210) Balance as of March 31, 2022 $ 7,234 $ 41 $ 7,275 Equity Loans Total Carrying amount as of : June 30, 2021 $ 10,004 $ - $ 10,004 March 31, 2022 $ 7,275 $ - $ 7,275 (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 March 31, 2022, and June 30, 2021: March 31, June 30, 2022 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) 411 381 Reinsurance assets under insurance contracts (Note 7) 1,284 1,298 Total other long-term assets $ 77,992 $ 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 March 31, 2022 (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 March 31, 2022 (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 March 31, 2022, was 10.2%. The Company did not identify any observable transactions during the three and nine months ended March 31, 2022, and therefore there was no change in the fair value of MobiKwik during these periods. The Company used a transaction, at a price of $ 245.50 per share in June 2021, as the basis for a fair value adjustment to its investment in MobiKwik during the fourth quarter of fiscal 2021. This fair value adjustment increased the carrying value of its investment in MobiKwik by $ 23.4 million from $ 52.9 million to $ 76.3 million as of June 30, 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. In mid-March 2021, MobiKwik raised additional capital through the issuance of shares to new shareholders at a valuation of $ 170.33 per share. The Company considered each of these transactions to be an observable price change in an orderly transaction for similar or identical equity securities issued by MobiKwik. The Company used the November 2020 valuation as the basis for its adjustment to increase the carrying value in its investment in MobiKwik by $ 15.1 million from $ 27.0 million to $ 42.1 million as of December 31, 2020. The Company used the March 2021 valuation as the basis for its adjustment to increase the carrying value in its investment in MobiKwik by $ 10.8 million from $ 42.1 million to $ 52.9 million as of March 31, 2021. The change in the fair value of MobiKwik for the three and nine months ended March 31, 2021, of $ 10.8 million and $ 25.9 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 nine months ended March 31, 2021. 5. Equity-accounted investments and other long-term assets (continued) Other long-term assets (continued) Revix In February 2022, the Company sold its entire interest in Revix UK Limited for cash of $ 0.7 million because the Company did not consider the investment core to its strategy to operate primarily in Southern Africa. The Company had previously written this investment to $ 0 (nil) and recognized a gain on disposal of $ 0.7 million, which is included in the caption gain on disposal of equity securities in the Company’s unaudited condensed consolidated statements of operations for the three and nine months ended March 31, 2022. Summarized below are the components of the Company’s equity securities without readily determinable fair value and held to maturity investments as of March 31, 2022: 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 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	9 Months Ended
	Mar. 31, 2022
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 nine months ended March 31, 2022: Gross value Accumulated impairment Carrying value Balance as of June 30, 2021 $ 42,949 $ ( 13,796) $ 29,153 Foreign currency adjustment (1) ( 630) 138 ( 492) Balance as of March 31, 2022 $ 42,319 $ ( 13,658) $ 28,661 (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) - ( 492) - ( 492) Balance as of March 31, 2022 $ - $ 28,004 $ 657 $ 28,661 (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 March 31, 2022, and June 30, 2021: As of March 31, 2022 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 $ 9,683 $ ( 9,683) $ - $ 10,340 $ ( 10,340) $ - Software and unpatented technology 390 ( 390) - 1,726 ( 1,726) - FTS patent 2,633 ( 2,633) - 2,679 ( 2,679) - Trademarks 1,980 ( 1,682) 298 2,015 ( 1,658) 357 Total finite-lived intangible assets $ 14,686 $ ( 14,388) $ 298 $ 16,760 $ ( 16,403) $ 357 Aggregate amortization expense on the finite-lived intangible assets for each of the three months ended March 31, 2022 and 2021, was approximately $ 0.1 million. Aggregate amortization expense on the finite-lived intangible assets for the nine months ended March 31, 2022 and 2021, was approximately $ 0.1 million and $ 0.3 million, respectively. Future estimated annual amortization expense for the next five fiscal years and thereafter, assuming exchange rates that prevailed on March 31, 2022, 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 $ 71 Fiscal 2023 71 Fiscal 2024 70 Fiscal 2025 70 Fiscal 2026 70 Total future estimated annual amortization expense $ 352

Assets And Policyholder Liabili

Assets And Policyholder Liabilities Under Insurance And Investment Contracts	9 Months Ended
	Mar. 31, 2022
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 nine months ended March 31, 2022: Reinsurance Assets (1) Insurance contracts (2) Balance as of June 30, 2021 $ 1,298 $ ( 2,011) Increase in policy holder benefits under insurance contracts 1,612 8,158 Claims and decrease in policyholders’ benefits under insurance contracts ( 1,603) ( 8,304) Foreign currency adjustment (3) ( 23) 30 Balance as of March 31, 2022 $ 1,284 $ ( 2,127) (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 estimate 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 nine months ended March 31, 2022: Assets (1) Investment contracts (2) Balance as of June 30, 2021 $ 381 $ ( 381) Increase in policy holder benefits under investment contracts 11 ( 11) Foreign currency adjustment (3) 19 6 Balance as of March 31, 2022 $ 411 $ ( 386) (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	9 Months Ended
	Mar. 31, 2022
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 March 31, 2022, the aggregate amount of the Company’s short-term South African overdraft facility with RMB was ZAR 1.4 billion ($ 96.2 million, translated at exchange rates applicable as of March 31, 2022). As of March 31, 2022, the Company had utilized approximately ZAR 0.7 billion ($ 45.7 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 March 31, 2022, was 7.75%. Nedbank facility, comprising short-term facilities As of March 31, 2022, the aggregate amount of the Company’s short-term South African credit facility with Nedbank Limited was ZAR 406.6 million ($ 27.9 million). The credit facility comprises an overdraft facility of up to ZAR 250.0 million ($ 17.2 million), which may only be used to fund mobile ATMs and indirect and derivative facilities of up to ZAR 156.6 million ($ 10.8 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 155.1 million ($ 10.7 million translated at exchange rates applicable as of March 31, 2022), 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 March 31, 2022. As of March 31, 2022, the interest rate on the overdraft facility was 6.60%. As of March 31, 2022 and June 30, 2021, the Company had utilized approximately ZAR 155.1 million ($ 10.7 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 March 31, 2022, and the movement in the Company’s short-term facilities from as of June 30, 2022 to as of March 31, 2021, as well as the respective interest rates applied to the borrowings as of March 31, 2022: South Africa Total RMB Nedbank Short-term facilities available as of March 31, 2022 $ 96,203 $ 27,937 $ 124,140 Overdraft restricted as to use for ATM funding only 96,203 17,179 113,382 Indirect and derivative facilities - 10,758 10,758 Interest rate (%), based on South African prime rate 7.75 Interest rate (%), based on South African prime rate less 1.15% 6.60 Movement in utilized overdraft facilities: Balance as of June 30, 2021 14,245 - 14,245 Utilized 405,048 1,350 406,398 Repaid ( 371,185) ( 1,323) ( 372,508) Foreign currency adjustment (1) ( 2,430) ( 27) ( 2,457) Balance as of March 31, 2022 45,678 - 45,678 Restricted as to use for ATM funding only 45,678 - 45,678 Movement in utilized indirect and derivative facilities: Balance as of June 30, 2021 - 10,947 10,947 Guarantees cancelled - ( 99) ( 99) Foreign currency adjustment (1) - ( 189) ( 189) Balance as of March 31, 2022 (2) $ - $ 10,659 $ 10,659 (1) Represents the effects of the fluctuations between the ZAR and the U.S. dollar.

Other Payables

Other Payables	9 Months Ended
	Mar. 31, 2022
Other Payables [Abstract]
Other Payables	9. Other payables Summarized below is the breakdown of other payables as of March 31, 2022, and June 30, 2021: March 31, June 30, 2022 2021 Accruals $ 7,915 $ 7,501 Provisions 5,291 5,343 Other 11,950 13,288 Value-added tax payable 541 435 Payroll-related payables 1,362 884 Participating merchants' settlement obligation 128 137 $ 27,187 $ 27,588 Other includes transactions-switching funds payable, deferred income, client deposits and other payables.

Capital Structure

Capital Structure	9 Months Ended
	Mar. 31, 2022
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 nine months ended March 31, 2022 and 2021, respectively, and the number of shares, net of treasury, excluding non-vested equity shares that have not vested during the nine months ended March 31, 2022 and 2021, respectively: March 31, March 31, 2022 2021 Number of shares, net of treasury: Statement of changes in equity 57,921,062 56,626,060 Non-vested equity shares that have not vested as of end of period 1,248,391 294,000 Number of shares, net of treasury, excluding non-vested equity shares that have not vested 56,672,671 56,332,060

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	9 Months Ended
	Mar. 31, 2022
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 March 31, 2022: Three months ended March 31, 2022 Accumulated foreign currency translation reserve Total Balance as of January 1, 2022 $ ( 157,879) $ ( 157,879) Release of foreign currency translation reserve related to the disposal of Finbond equity securities (Note 5) 583 583 Movement in foreign currency translation reserve 14,831 14,831 Balance as of March 31, 2022 $ ( 142,465) $ ( 142,465) 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 March 31, 2021: Three months ended March 31, 2021 Accumulated foreign currency translation reserve Total Balance as of January 1, 2021 $ ( 141,242) $ ( 141,242) Release of foreign currency translation reserve related to disposal of Bank Frick ( 2,462) ( 2,462) Movement in foreign currency translation reserve ( 2,470) ( 2,470) Balance as of March 31, 2021 $ ( 146,174) $ ( 146,174) The table below presents the change in accumulated other comprehensive (loss) income per component during the nine months ended March 31, 2022: Nine months ended March 31, 2022 Accumulated foreign currency translation reserve Total Balance as of July 1, 2021 $ ( 145,721) $ ( 145,721) Release of foreign currency translation reserve related to disposal of Finbond equity securities (Note 5) 583 583 Movement in foreign currency translation reserve related to equity-accounted investment ( 644) ( 644) Movement in foreign currency translation reserve 3,317 3,317 Balance as of March 31, 2022 $ ( 142,465) $ ( 142,465) The table below presents the change in accumulated other comprehensive (loss) income per component during the nine months ended March 31, 2021: a Nine months ended March 31, 2021 Accumulated foreign currency translation reserve Total Balance as of July 1, 2020 $ ( 169,075) $ ( 169,075) Release of foreign currency translation reserve related to disposal of Bank Frick ( 2,462) ( 2,462) Movement in foreign currency translation reserve related to equity-accounted investment 1,688 1,688 Movement in foreign currency translation reserve 23,675 23,675 Balance as of March 31, 2021 $ ( 146,174) $ ( 146,174) During the three and nine months ended March 31, 2022, the Company reclassified $ million from accumulated other comprehensive loss (accumulated foreign currency translation reserve) to net loss related to the disposal of shares in Finbond. During the three and nine months ended March 31, 2021, the Company reclassified $ million from accumulated other comprehensive loss (accumulated foreign currency translation reserve) to net loss related to the disposal of Bank Frick.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Mar. 31, 2022
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 nine months ended March 31, 2022 and 2021: 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 Granted - February 2022 137,620 4.87 10.00 235 1.71 Exercised ( 249,521) 3.05 - 470 - Forfeited ( 188,332) 4.14 1.50 Outstanding - March 31, 2022 994,599 4.25 6.86 1,884 1.64 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 ( 17,335) 3.07 - 35 - Forfeited ( 466,033) 7.12 2.26 Outstanding - March 31, 2021 1,558,283 4.24 7.80 2,860 1.59 The Company awarded 137,620 stock options to employees during the three and nine months ended March 31, 2022. No stock options were awarded during the three months ended March 31, 2021. The Company awarded 560,000 stock options to employees during the nine months ended March 31, 2021. 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. Employees forfeited 94,404 and 10,000 stock options during the three months ended March 31, 2022 and 2021, respectively. Employees forfeited 188,332 and 205,999 stock options during the nine months ended March 31, 2022 and 2021, respectively. During the nine months ended March 31, 2021, 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. 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 nine months ended March 31, 2022 and 2021: Nine months ended March 31, 2022 2021 Expected volatility 50 % 62 % Expected dividends 0 % 0 % Expected life (in years) 3 3 Risk-free rate 1.61 % 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 March 31, 2022: Number of shares Weighted average exercise price ($) Weighted average remaining contractual term (in years) Aggregate intrinsic value ($’000) Vested and expecting to vest - March 31, 2022 994,599 4.25 6.86 1,884 These options have an exercise price range of $ 3.01 to $ 11.23. The following table presents stock options that are exercisable as of March 31, 2022: Number of shares Weighted average exercise price ($) Weighted average remaining contractual term (in years) Aggregate intrinsic value ($’000) Exercisable - March 31, 2022 464,506 5.37 5.73 220 No stock options became exercisable during the three months ended March 31, 2022 and 2021. During the nine months ended March 31, 2022 and 2021, 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 nine months ended March 31, 2022 and 2021: Number of shares of restricted stock Weighted average grant date fair value ($’000) Non-vested – June 30, 2021 384,560 1,123 Total granted 893,831 4,433 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 Granted – February 2022 29,920 146 Granted – March 2022 207,859 1,097 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 – March 31, 2022 1,248,391 5,867 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 – March 31, 2021 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. On March 1, 2022, the Company awarded 207,859 shares of restricted stock to executive officers and vesting of these awards is subject to the executive’s continuous service through the applicable vesting date, one third of which vests on each of the first, second and third anniversaries of the grant date. In August 2021, December 2021 and February 2022, the Company awarded 44,986, 50,300 and 29,920 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, were 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 and nine months ended March 31, 2022. During the nine months ended March 31, 2021, 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. During the nine months ended March 31, 2022, 30,000 shares of restricted stock were forfeited by an executive officer as the market condition (related to share price performance) was not achieved. The 510,200 shares of restricted stock that were forfeited during the nine months ended March 31, 2021, 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. The March 31, 2021, non-vested shares of restricted stock presented in the table above includes 164,000 shares of restricted stock forfeited by an executive officer following his resignation from the Company on April 30, 2021. The amount of 164,000 shares of restricted stock comprised 107,200 shares of restricted stock with performance (related to agreed return on net asset value) and time-based vesting conditions, 30,000 shares of restricted stock with a market condition (related to share price performance) and time-based vesting conditions, and 26,800 shares of restricted stock with time-based vesting conditions. 12. Stock-based compensation (continued) Stock option and restricted stock activity (continued) Restricted stock (continued) Effective January 1, 2022, the Company agreed to grant an advisor shares in lieu of cash for services provided to the Company during a contract term that will expire on December 31, 2022. The contract may be terminated early if certain agreed events occur. The advisor has agreed to receive 6,481 shares of the Company’s common stock per month as payment for services rendered and is not entitled to receive additional shares if the contract is terminated early due to the occurrence of the agreed events. The 6,481 shares granted per month was calculated using an agreed monthly fee of $ 35,000 divided by the Company’s closing market price on January 3, 2022, on the Nasdaq Global Select Market. The Company and the advisor have agreed that the Company will issue the shares to the advisor, in arrears, on a quarterly basis and that the shares may not be transferred until the earlier of December 31, 2022, or the occurrence of the agreed event. During the three months ended March 31, 2022, the Company recorded a stock-based compensation charge of $ 0.1 million and included the issuance of 19,443 shares of common stock in its issued and outstanding share count. The Company recorded a stock-based compensation charge, net during the three months ended March 31, 2022 and 2021, of $ 0.6 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 March 31, 2022 Stock-based compensation charge $ 619 $ - $ 619 Reversal of stock compensation charge related to stock options and restricted stock forfeited ( 5) - ( 5) Total - three months ended March 31, 2022 $ 614 $ - $ 614 Three months ended March 31, 2021 Stock-based compensation charge $ 245 $ - $ 245 Total - three months ended March 31, 2021 $ 245 $ - $ 245 The Company recorded a stock-based compensation charge, net during the nine months ended March 31, 2022 and 2021, of $ 1.7 million and $ 0.9 million respectively, which comprised: a Total charge Allocated to cost of goods sold, IT processing, servicing and support Allocated to selling, general and administration Nine months ended March 31, 2022 Stock-based compensation charge $ 1,751 $ - $ 1,751 Reversal of stock compensation charge related to stock options forfeited ( 40) - ( 40) Total - nine months ended March 31, 2022 $ 1,711 $ - $ 1,711 Nine months ended March 31, 2021 Stock-based compensation charge $ 1,173 $ - $ 1,173 Reversal of stock compensation charge related to stock options and restricted stock forfeited ( 297) - ( 297) Total - nine months ended March 31, 2021 $ 876 $ - $ 876 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. 12. Stock-based compensation (continued) As of March 31, 2022, the total unrecognized compensation cost related to stock options was approximately $ 0.5 million, which the Company expects to recognize over approximately two years. As of March 31, 2022, the total unrecognized compensation cost related to restricted stock awards was approximately $ 4.8 million, which the Company expects to recognize over approximately three years. As of March 31, 2022, and June 30, 2021, respectively, the Company recorded a deferred tax asset of approximately $ 0.3 million and $ 0.1 million, related to the stock-based compensation charge recognized related to employees of Net1. As of March 31, 2022, and June 30, 2021, respectively, the Company recorded a valuation allowance of approximately $ 0.3 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	9 Months Ended
	Mar. 31, 2022
(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 March 31, 2022 and 2021. 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 March 31, 2022 and 2021 , 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 185,902 and 172,113 shares of common stock from the calculation of diluted loss per share during the three and nine months ended March 31, 2022, 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, December 2021, February 2022 and March 2022, 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 Nine months ended March 31, March 31, 2022 2021 2022 2021 (in thousands except (in thousands except percent and percent and per share data) per share data) Numerator: Net loss attributable to Net1 $ ( 3,327) $ ( 6,204) $ ( 28,727) $ ( 39,696) Undistributed loss ( 3,327) ( 6,204) ( 28,727) ( 39,696) Percent allocated to common shareholders (Calculation 1) 98% 99% 99% 99% Numerator for loss per share: basic and diluted $ ( 3,262) $ ( 6,172) $ ( 28,299) $ ( 39,300) Denominator Denominator for basic (loss) earnings per share: weighted-average common shares outstanding 56,660 56,352 56,467 56,236 Effect of dilutive securities: Stock options - 275 - 92 Denominator for diluted (loss) earnings per share: adjusted weighted average common shares outstanding and assuming conversion 56,660 56,627 56,467 56,328 Loss per share: Basic $ ( 0.06) $ ( 0.11) $ ( 0.50) $ ( 0.70) Diluted $ ( 0.06) $ ( 0.11) $ ( 0.50) $ ( 0.70) (Calculation 1) Basic weighted-average common shares outstanding (A) 56,660 56,352 56,467 56,236 Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B) 57,791 56,646 57,322 56,803 Percent allocated to common shareholders (A) / (B) 98% 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 nine months ended March 31, 2022, 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 nine months ended March 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. The options, which expire at various dates through February 3, 2032, were still outstanding as of March 31, 2022.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
	Mar. 31, 2022
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 nine months ended March 31, 2022 and 2021: Three months ended Nine months ended March 31, March 31, 2022 2021 2022 2021 Cash received from interest $ 756 $ 537 $ 1,444 $ 1,746 Cash paid for interest $ 788 $ 707 $ 2,468 $ 2,251 Cash paid for income taxes $ 181 $ 211 $ 471 $ 16,382 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 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 March 31, 2022 and 2021, and June 30, 2021: March 31, 2022 March 31, 2021 June 30, 2021 Cash and cash equivalents $ 183,712 $ 207,814 $ 198,572 Restricted cash 56,336 19,016 25,193 Cash, cash equivalents and restricted cash $ 240,048 $ 226,830 $ 223,765 Leases The following table presents supplemental cash flow disclosure related to leases for the three and nine months ended March 31, 2022 and 2021: Three months ended March 31, Nine months ended March 31, 2022 2021 2022 2021 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 902 $ 1,061 $ 2,665 $ 2,940 Right-of-use assets obtained in exchange for lease obligations Operating leases $ 290 $ 796 $ 1,308 $ 2,497

Revenue Recognition

Revenue Recognition	9 Months Ended
	Mar. 31, 2022
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 March 31, 2022: Consumer Merchant Other Total Processing fees $ 7,075 $ 8,136 $ 397 $ 15,608 South Africa 7,075 8,136 - 15,211 Rest of world - - 397 397 Technology products 40 7,877 - 7,917 Telecom products and services - 1,862 - 1,862 Lending revenue 5,614 - - 5,614 Insurance revenue 2,169 - - 2,169 Account holder fees 1,434 - - 1,434 Other 97 501 - 598 Total revenue, derived from the following geographic locations 16,429 18,376 397 35,202 South Africa 16,429 18,376 - 34,805 Rest of world $ - $ - $ 397 $ 397 Consumer Merchant Other Total Processing fees $ 7,179 $ 6,810 $ 421 $ 14,410 South Africa (1) 7,179 6,810 - 13,989 Rest of world - - 421 421 Technology products 87 2,179 - 2,266 Telecom products and services - 2,945 - 2,945 Lending revenue 5,474 - - 5,474 Insurance revenue 1,709 - - 1,709 Account holder fees 1,414 - - 1,414 Other 373 237 - 610 Total revenue, derived from the following geographic locations 16,236 12,171 421 28,828 South Africa 16,236 12,171 - 28,407 Rest of world $ - $ - $ 421 $ 421 The following table presents the Company’s revenue disaggregated by major revenue streams, including a reconciliation to operating segments for the nine months ended March 31, 2022: Consumer Merchant Other Total Processing fees $ 22,535 $ 24,633 $ 1,220 $ 48,388 South Africa 22,535 24,633 - 47,168 Rest of world - - 1,220 1,220 Technology products 252 15,851 - 16,103 Telecom products and services - 6,169 - 6,169 Lending revenue 16,171 - - 16,171 Insurance revenue 6,396 - - 6,396 Account holder fees 4,255 - - 4,255 Other 623 2,715 - 3,338 Total revenue, derived from the following geographic locations 50,232 49,368 1,220 100,820 South Africa 50,232 49,368 - 99,600 Rest of world $ - $ - $ 1,220 $ 1,220 The following table presents the Company’s revenue disaggregated by major revenue streams, including a reconciliation to operating segments for the nine months ended March 31, 2021: Consumer Merchant Other Total Processing fees $ 23,318 $ 20,496 $ 2,855 $ 46,669 South Africa (1) 23,318 20,496 - 43,814 Rest of world - - 2,855 2,855 Technology products 158 13,723 - 13,881 Telecom products and services - 10,515 - 10,515 Lending revenue 14,962 - - 14,962 Insurance revenue 4,779 - - 4,779 Account holder fees 3,870 - - 3,870 Other 780 813 - 1,593 Total revenue, derived from the following geographic locations 47,867 45,547 2,855 96,269 South Africa 47,867 45,547 - 93,414 Rest of world $ - $ - $ 2,855 $ 2,855

Leases

Leases	9 Months Ended
	Mar. 31, 2022
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 March 31, 2022 and 2021 was $ 0.9 million and $ 1.1 million, respectively. The Company’s operating lease expense during the nine months ended March 31, 2022 and 2021 was $ 2.7 million and $ 2.9 million, respectively. The Company does not have any significant leases that have not commenced as of March 31, 2022 . 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 March 31, 2022 and 2021 , was $ 1.3 million and $ 1.0 million, respectively. The Company’s short-term lease expense during the nine months ended March 31, 2022 and 2021 , was $ 3.9 million and $ 3.1 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 March 31, 2022 and June 30, 2021 : March 31, June 30, 2022 2021 Right of use assets obtained in exchange for lease obligations: Weighted average remaining lease term (years) 3.00 3.94 Weighted average discount rate (percent) 9.3 9.3 The maturities of the Company’s operating lease liabilities as of March 31, 2022, are presented below: Maturities of operating lease liabilities Year ended June 30, 2022 (excluding nine months to March 31, 2022) $ 917 2023 1,832 2024 861 2025 260 2026 - Thereafter - Total undiscounted operating lease liabilities 3,870 Less imputed interest 293 Total operating lease liabilities, included in 3,577 Operating lease liability - current 2,232 Operating lease liability - long-term $ 1,345

Operating Segments

Operating Segments	9 Months Ended
	Mar. 31, 2022
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 nine months ended March 31, 2022, 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 March 31, 2022 and 2021, is as follows: Revenue Reportable Segment Inter-segment From external customers Consumer $ 16,429 $ - $ 16,429 Merchant 18,478 102 18,376 Other 397 - 397 Total for the three months ended March 31, 2022 $ 35,304 $ 102 $ 35,202 Consumer $ 16,236 $ - $ 16,236 Merchant 12,171 - 12,171 Other 421 - 421 Total for the three months ended March 31, 2021 $ 28,828 $ - $ 28,828 The reconciliation of the reportable segment’s revenue to revenue from external customers for the nine months ended March 31, 2022 and 2021, is as follows: Revenue Reportable Segment Inter-segment From external customers Consumer $ 50,232 $ - $ 50,232 Merchant 49,652 284 49,368 Other 1,220 - 1,220 Total for the nine months ended March 31, 2022 $ 101,104 $ 284 $ 100,820 Consumer $ 47,867 $ - $ 47,867 Merchant 45,623 76 45,547 Other 2,855 - 2,855 Total for the nine months ended March 31, 2021 $ 96,345 $ 76 $ 96,269 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 nine months ended March 31, 2022 and 2021, is as follows: Three months ended Nine months ended March 31, March 31, 2022 2021 2022 2021 Reportable segments measure of profit or loss $ ( 5,508) $ ( 10,652) $ ( 16,567) $ ( 25,209) Operating loss: Corporate/Eliminations ( 2,560) ( 1,404) ( 8,775) ( 8,943) Lease adjustments ( 890) ( 1,104) ( 2,647) ( 2,991) Depreciation and amortization ( 463) ( 1,132) ( 2,084) ( 3,129) Change in fair value of equity securities - 10,814 - 25,942 Gain related to fair value adjustment to currency options 6,120 - 3,691 - Gain on disposal of equity securities 720 - 720 - Loss on disposal of equity-accounted investment - Bank Frick - ( 472) - ( 472) Loss on disposal of equity-accounted investment ( 346) - ( 346) ( 13) Interest income 761 606 1,463 1,934 Interest expense ( 691) ( 744) ( 2,272) ( 2,168) Loss before income taxes $ ( 2,857) $ ( 4,088) $ ( 26,817) $ ( 15,049) 17. Operating segments (continued) Operating segments (continued) The following tables summarize supplemental segment information for the three and nine months ended March 31, 2022 and 2021: Three months ended Nine months ended March 31, March 31, 2022 2021 2022 2021 Revenues Consumer $ 16,429 $ 16,236 $ 50,232 $ 47,867 Merchant 18,478 12,171 49,652 45,623 Other 397 421 1,220 2,855 Total 35,304 28,828 101,104 96,345 Segment Adjusted EBITDA Consumer (1) ( 6,866) ( 7,610) ( 20,871) ( 19,395) Merchant 1,271 273 3,951 4,471 Other 87 ( 3,315) 353 ( 10,285) Total Segment Adjusted EBITDA ( 5,508) ( 10,652) ( 16,567) ( 25,209) Corporate/Eliminations ( 2,560) ( 1,404) ( 8,775) ( 8,943) Subtotal ( 8,068) ( 12,056) ( 25,342) ( 34,152) Less: Lease adjustments 890 1,104 2,647 2,991 Less: Depreciation and amortization 463 1,132 2,084 3,129 Total operating loss ( 9,421) ( 14,292) ( 30,073) ( 40,272) Depreciation and amortization Consumer 226 798 1,377 2,275 Merchant 207 176 613 487 Other 13 66 43 106 Subtotal: Operating segments 446 1,040 2,033 2,868 Corporate/Eliminations 17 92 51 261 Total 463 1,132 2,084 3,129 Expenditures for long-lived assets Consumer 713 99 1,523 3,343 Merchant 120 550 196 581 Other 1 - 2 23 Subtotal: Operating segments 834 649 1,721 3,947 Corporate/Eliminations - - - - Total $ 834 $ 649 $ 1,721 $ 3,947 (1) Consumer Segment Adjusted EBITDA for the three and nine months ended March 31, 2022, includes reorganization costs of $ million (refer also Note 1). 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	9 Months Ended
	Mar. 31, 2022
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. The South African corporate income tax rate is expected to reduce from 28% to 27% from July 1, 2022. The change in the income tax rate has not been enacted as of March 31, 2022, and accordingly all deferred taxes assets and liabilities related to the Company’s South African operations are still recorded using the enacted corporate income tax rate of 28%. For the three and nine months ended March 31, 2022, the Company’s effective tax rate was impacted by 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. For the three months ended March 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), which is at a lower tax rate than the South African statutory rate, 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 nine months ended March 31, 2021, 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. Uncertain tax positions The Company had no significant uncertain tax positions during the three months ended March 31, 2022, 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 March 31, 2022, 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	9 Months Ended
	Mar. 31, 2022
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 155.1 million ($ 10.7 million, translated at exchange rates applicable as of March 31, 2022) 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 March 31, 2022. The maximum potential amount that the Company could pay under these guarantees is ZAR 155.1 million ($ 10.7 million, translated at exchange rates applicable as of March 31, 2022). 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 155.1 million ($ 10.7 million translated at exchange rates applicable as of March 31, 2022). 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	9 Months Ended
	Mar. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	20. Subsequent events 2022 Acquisitions April 2022 acquisition of Connect 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, “Connect”). 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 Connect. The transaction closed on April 14, 2022. The Company has commenced the purchase price allocation related to this transaction however the process had not been completed as of the date of filing this Quarterly Report on Form 10-Q on May 10, 2022. The Company expects to include its preliminary allocation of the purchase consideration related to this acquisition in its audited financial statements to be included in its Annual Report on Form 10-K for the year ended June 30, 2022. The total purchase consideration was ZAR 3.8 billion ($ 262.0 million), comprising ZAR 3.5 billion ($ 238.2 million) in cash and ZAR 0.4 billion ($ 23.9 million) in 3,185,079 shares of the Company’s common stock. The 3,185,079 shares of common stock will be issued in three tranches on each of the first, second and third anniversaries of the closing and was calculated as ZAR 350.0 million divided by the sum of $ 7.50 multiplied by the closing date exchange rate (as defined in the Sale Agreement) of $1:ZAR 14.65165 The closing of the transaction was 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 was subject to entry into definitive financing agreements by each of Net1 SA and CCMS for an aggregate of ZAR 2.35 billion in debt financing 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. Of the ZAR 1.25 billion related to CCMS, ZAR 250 million related to new debt as part of the funding of the acquisition. The definitive loan agreements became effective upon closing the transaction. The South African competition authorities approved the transaction subject to certain public interest conditions relating to employment, increasing the spread of ownership by historically disadvantaged people (“HDPs”) and workers, and investing in supplier and enterprise development. Further to increasing the spread of ownership by HDPs, Net1 is required to establish an employee share ownership scheme (“ESOP”) within 24 months of the implementation of the Connect acquisition, that complies with certain design principles for the benefit of the workers of the merged entity to receive a shareholding in Net1 equal in value to at least 3% of the issued shares in Net1 at the date of the Connect acquisition. If within 24 months of the implementation date of the transaction, Net1generates a positive net profit for three consecutive quarters, the ESOP shall increase to 5% of the issued shares in Net1 at the date of the Connect acquisition. The final structure of the ESOP is contingent on Net1 shareholder approval and relevant regulatory and governance approvals. The ESOP had not been established as of May 10, 2022. The Company believes that the acquisition significantly advances its vision to transform into the leading fintech platform for underserved consumers and merchants in South Africa. The combination is strategically important because it combines complementary product offerings to drive stronger unit economics, facilitates expansion of the addressable market to informal MSMEs, Connect has an attractive financial profile with strong and profitable growth, merges highly skilled teams with complementary expertise and allows the combined group to better serve the underserved in South Africa through the provision of dignified financial services to people and businesses who are underserved by the financial system. 20. Subsequent events (continued) New borrowings – South Africa July 2017 Facilities, as amended, comprising long-term borrowings (Facility G and Facility H) and a short-term facility (Facility E) Long-term facilities - Facility G and Facility H The Company, 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. The Loan Documents were further amended through letter agreements, which form part of the Loan Documents, in March 2022 and the disclosure in this note includes the amended terms. Net1 agreed to guarantee the obligations of Net1 SA to the Lenders. The Loan Documents became effective upon closing the transaction and the Company drew down on the facilities on April 14, 2022. 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. The group cash balances may go below ZAR 300 million to the extent equivalent credit support is provided by the VCP Investment Fund and/ or VCP Investment Portfolios (“VCP Investors”), and such support exceeds ZAR 350 million, but such reduction below ZAR 300 million is limited by a further ZAR 80 million to ZAR 220 million. Pursuant to the Senior Facility G Agreement, Net1 SA may borrow up to an aggregate of ZAR 768.975 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 interest rate shall increase by a further 2.00% per annum in the event of default (as defined in the Loan Documents). Net1 SA paid a non-refundable deal origination fee of ZAR 11.25 million to the Lenders related to Facility G on closing. Pursuant to the Senior 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 which increases by a further 2.00% per annum in the event of default (as defined in the Loan Documents). Net1 SA paid a non-refundable deal origination fee of ZAR 5.25 million to the Lenders related to Facility H on closing. Facility G and Facility H are secured by a pledge of certain of the Company’s bank accounts, and the cession of Net1’s shareholding in certain of its subsidiaries. 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 Global Select Market (based on the closing price on the NASDAQ Global Select Market) on any day falls below the USD equivalent of ZAR 3.250 billion (or such other amount agreed by the parties). 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. 20. Subsequent events (continued) Connect’s borrowing The Company, through CCMS, entered into a Facilities Agreement (the “CCMS Facilities Agreement”) with RMB in January 2022. The CCMS Facilities Agreement was further amended through letter agreements, which form part of the CCMS Facilities Agreement, in March and April 2022, respectively, and the disclosure in this note includes the amended terms. The CCMS Facilities Agreement became effective upon closing the transaction. The CCMS Facilities Agreement provides for total facilities of ZAR 1.3 billion comprising a Facility A term loan of ZAR 700 million (“Facility A Loan”), a Facility B term loan of ZAR 350 million (“Facility B Loan”), and a general banking facility of ZAR 205.0 million. The amount available under the general banking facility will reduce to ZAR 125.0 million on March 23, 2023. CCMS paid a non-refundable structuring fee of approximately ZAR 4.8 million in April 2022. Interest on the loans is payable quarterly based on JIBAR plus a margin in effect from time to time. On April 14, 2022, the CCMS utilized the entire amount of Facility A and Facility B and approximately ZAR 211.0 million of the general banking facility to repay its existing borrowings and to settle obligations under the Sales Agreement. Principal repayments related to the Facility A Loan and the Facility B Loan are due at the end of each of the Company’s fiscal quarters. The table below presents payments due within the twelve months ended March 31, for each of the periods specified: Facility A Loan Facility B Loan ZAR '000 ZAR '000 Total facility ZAR 700,000 ZAR 350,000 Repayments due within the twelve months ended: March 31, 2023 - ( 56,250) March 31, 2024 - ( 75,000) March 31, 2025 - ( 93,750) March 31, 2026 - ( 118,750) March 31, 2027 ( 137,500) ( 6,250) March 31, 2028 ZAR ( 562,500) ZAR - Borrowings under the CCMS Facilities Agreement are secured by a pledge by CCMS of, among other things, all of its equity shares, its entire equity interests in equity securities it owns and any claims outstanding. The CCMS Facilities Agreement contains customary covenants that require CCMS to maintain a specified debt service and interest cover and leverage ratio. Interest on the Facility A Loan and the Facility B Loan is payable quarterly in arrears based on the Johannesburg Interbank Agreed Rate (“JIBAR”) in effect from time to time for the interest period (as defined in the CCMS Facilities Agreement) plus a margin of (i) 4.00% per annum while the leverage ratio is greater than or equal to 3.50 times; (ii) 3.75% per annum while the leverage ratio is between 2.50 times and 3.50 times, or (iii) 3.40% per annum while the leverage ratio is less than or equal to 2.50 times. VCP Securities Purchase Agreement On March 22, 2022, Net1 and Net1 SA entered into a Securities Purchase Agreement (the “VCP Agreement”) with Value Capital Partners Proprietary Limited (“VCP”) whereby VCP will procure that one or more funds under its management (the “Purchasing Funds”) will subscribe for, and Net1 will have the obligation to issue and sell to the Purchasing Funds, ZAR 350.0 million of common stock of Net1 if (i) an event of default occurs under Facility G or Facility H, (ii) Net1 SA fails to pay all outstanding amounts in respect of Facility H on the maturity date of such facility, or (iii) the market capitalization of Net1 on the Nasdaq Global Select Market (based on the closing price on such exchange) falls and remains below the U.S. dollar equivalent of ZAR 2.6 billion on more than one day. The VCP Agreement contains customary representations and warranties from Net1 and VCP and covenants from Net1 and Net1 SA. In connection with the VCP Agreement, Net1 SA agreed to pay VCP a commitment fee in an amount equal to ZAR 5.25 million. Additionally, Net1, Net1 SA and VCP entered into a Step-In Rights Letter on March 22, 2022 with RMB, which provides RMB with step in rights to perform the obligations or enforce the rights of Net1 and Net1 SA under the VCP Agreement to the extent that Net1 and Net1 SA fail to do so and do not remedy such failure within two business days of notice of such failure. Grant of shares of restricted stock to Connect employees On April 14, 2022, the Company granted 1,250,486 shares of restricted stock to employees of Connect pursuant to the Sale Agreement. The award includes an equalization mechanism to maintain a return of $ 7.50 per share of restricted stock upon vesting through the issue of restricted stock units. The conversion of restricted stock units to shares cannot exceed 50% under the terms of the award. The Company has not finalized the accounting for the grant of these equity awards and expects to conclude this matter together with its purchase accounting process referenced above.

Basis Of Presentation And Sum_2

Basis Of Presentation And Summary Of Significant Accounting Policies (Policy)	9 Months Ended
	Mar. 31, 2022
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 nine months ended March 31, 2022 and 2021, 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 operated at adjusted Level 1 during its most recent fiscal quarter, which had a limited impact on the Company’s businesses, and which ceased to be in operation on April 4, 2022. South Africa is subject to limited COVID-19 restrictions following the lifting of the National State of Disaster in South Africa on April 5, 2022. These restrictions are expected to have a limited impact on the Company’s business. 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.
Reorganization Charge - Financial Services Restructuring	Reorganization charge - financial services restructuring 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 a breakeven position 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 embarked on a retrenchment process pursuant to Section 189A of the South African Labour Relations Act (“Labour Act”) on January 10, 2022. The Company incurred cash costs of approximately $ 6.7 million (ZAR 103.4 million) during the three and nine months ended March 31, 2022, principally consisting of severance and related payments and the payment of unutilized leave days. The Company has recorded an expense of $ 5.9 million in the caption reorganization costs in the Company’s unaudited condensed consolidated statements of operations for the three and nine months ended March 31, 2022. The primary difference between the reorganization charge amount and the total cash paid relates to leave pay which was accrued in prior periods.
Impact Of Events In Russia And Ukraine	Impact of events in Russia and Ukraine The Company does not expect its operations to be significantly impacted by events unfolding in Russia and Ukraine. The Company believes that these events may adversely impact South African gross domestic product and rates of inflation as a result of the recent increases in crude oil prices, which is likely to impact economic activity in South Africa and therefore indirectly affect the Company. It may also lead to higher input prices for certain of the goods and services the Company procures.
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 March 31, 2022 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. In October 2021, the FASB issued guidance which amends guidance in Business Combinations (Topic 805) regarding the recognition and measurement of contract assets and liabilities in a business combination. These items are recognized at fair value on acquisition under current guidance. The new guidance requires an acquiring entity to apply guidance in Revenue Recognition (Topic 606) to recognize and measure contract assets and contract liabilities in a business combination. This guidance is effective for the Company beginning July 1, 2022. 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)	9 Months Ended
	Mar. 31, 2022
Accounts Receivable, Net And Other Receivables And Finance Loans Receivable, Net [Abstract]
Schedule Of Accounts Receivable, Net And Other Receivables	March 31, June 30, 2022 2021 Accounts receivable, trade, net $ 10,025 $ 10,493 Accounts receivable, trade, gross 10,479 10,760 Allowance for doubtful accounts receivable, end of period 454 267 Beginning of period 267 253 Reversed to statement of operations ( 60) ( 182) Charged to statement of operations 251 232 Utilized ( 3) ( 59) Foreign currency adjustment ( 1) 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 10,520 8,590 Total accounts receivable, net and other receivables $ 24,435 $ 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	March 31, June 30, 2022 2021 Microlending finance loans receivable, net $ 22,196 $ 21,142 Microlending finance loans receivable, gross 24,662 23,491 Allowance for doubtful finance loans receivable, end of period 2,466 2,349 Beginning of period 2,349 1,858 Reversed to statement of operations - ( 1,004) Charged to statement of operations 1,026 2,060 Utilized ( 873) ( 967) Foreign currency adjustment ( 36) 402 Total finance loans receivable, net $ 22,196 $ 21,142

Inventory (Tables)

Inventory (Tables)	9 Months Ended
	Mar. 31, 2022
Inventory [Abstract]
Schedule Of Inventory	March 31, June 30, 2022 2021 Finished goods $ 22,104 $ 22,361 $ 22,104 $ 22,361

Fair Value Of Financial Instr_2

Fair Value Of Financial Instruments (Tables)	9 Months Ended
	Mar. 31, 2022
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 - March 31, 2022: (1) ZAR 11.7 billion ($ 0.8 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 March 31, 2022. (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 3.3% increase 2.5% decrease WACC rate $ - $ 432 EBITDA margin $ 548 $ -
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
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) 411 - - 411 Fixed maturity investments (included in cash and cash equivalents) 3,090 - - 3,090 Total assets at fair value $ 3,501 $ - $ - $ 3,501 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 March 31, 2022 $ - (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 March 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.

Equity-Accounted Investments _2

Equity-Accounted Investments And Other Long-Term Assets (Tables)	9 Months Ended
	Mar. 31, 2022
Equity-Accounted Investments And Other Long-Term Assets [Abstract]
Ownership Percentage Of Equity-Accounted Investments	March 31, June 30, 2022 2021 Finbond Group Limited (“Finbond”) 29.0 % 31.5 % Carbon Tech Limited (“Carbon”) 25.0 % 25.0 % SmartSwitch Namibia (Pty) Ltd (“SmartSwitch Namibia”) 50.0 % 50.0 %
Summary Of Calculation On Loss On Disposal	Three and nine months ended March 31, 2022 Loss on disposal of Finbond shares: Consideration received in cash $ 819 Less: carrying value of Finbond shares sold ( 591) Less: release of foreign currency translation reserve from accumulated other comprehensive loss ( 583) Add: release of stock-based compensation charge related to equity-accounted investment 9 Loss on sale of Finbond shares $ ( 346)
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) Disposal of Finbond shares ( 591) - ( 591) Foreign currency adjustment (2) ( 206) ( 4) ( 210) Balance as of March 31, 2022 $ 7,234 $ 41 $ 7,275 Equity Loans Total Carrying amount as of : June 30, 2021 $ 10,004 $ - $ 10,004 March 31, 2022 $ 7,275 $ - $ 7,275 (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	March 31, June 30, 2022 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) 411 381 Reinsurance assets under insurance contracts (Note 7) 1,284 1,298 Total other long-term assets $ 77,992 $ 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 March 31, 2022 (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 March 31, 2022 (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)	9 Months Ended
	Mar. 31, 2022
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) ( 630) 138 ( 492) Balance as of March 31, 2022 $ 42,319 $ ( 13,658) $ 28,661 (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) - ( 492) - ( 492) Balance as of March 31, 2022 $ - $ 28,004 $ 657 $ 28,661 (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 March 31, 2022 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 $ 9,683 $ ( 9,683) $ - $ 10,340 $ ( 10,340) $ - Software and unpatented technology 390 ( 390) - 1,726 ( 1,726) - FTS patent 2,633 ( 2,633) - 2,679 ( 2,679) - Trademarks 1,980 ( 1,682) 298 2,015 ( 1,658) 357 Total finite-lived intangible assets $ 14,686 $ ( 14,388) $ 298 $ 16,760 $ ( 16,403) $ 357
Future Estimated Annual Amortization Expense	Fiscal 2022 $ 71 Fiscal 2023 71 Fiscal 2024 70 Fiscal 2025 70 Fiscal 2026 70 Total future estimated annual amortization expense $ 352

Assets And Policyholder Liabi_2

Assets And Policyholder Liabilities Under Insurance And Investment Contracts (Tables)	9 Months Ended
	Mar. 31, 2022
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 1,612 8,158 Claims and decrease in policyholders’ benefits under insurance contracts ( 1,603) ( 8,304) Foreign currency adjustment (3) ( 23) 30 Balance as of March 31, 2022 $ 1,284 $ ( 2,127) (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 11 ( 11) Foreign currency adjustment (3) 19 6 Balance as of March 31, 2022 $ 411 $ ( 386) (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)	9 Months Ended
	Mar. 31, 2022
Borrowings [Abstract]
Summary Of Short-Term Credit Facilities	South Africa Total RMB Nedbank Short-term facilities available as of March 31, 2022 $ 96,203 $ 27,937 $ 124,140 Overdraft restricted as to use for ATM funding only 96,203 17,179 113,382 Indirect and derivative facilities - 10,758 10,758 Interest rate (%), based on South African prime rate 7.75 Interest rate (%), based on South African prime rate less 1.15% 6.60 Movement in utilized overdraft facilities: Balance as of June 30, 2021 14,245 - 14,245 Utilized 405,048 1,350 406,398 Repaid ( 371,185) ( 1,323) ( 372,508) Foreign currency adjustment (1) ( 2,430) ( 27) ( 2,457) Balance as of March 31, 2022 45,678 - 45,678 Restricted as to use for ATM funding only 45,678 - 45,678 Movement in utilized indirect and derivative facilities: Balance as of June 30, 2021 - 10,947 10,947 Guarantees cancelled - ( 99) ( 99) Foreign currency adjustment (1) - ( 189) ( 189) Balance as of March 31, 2022 (2) $ - $ 10,659 $ 10,659 (1) Represents the effects of the fluctuations between the ZAR and the U.S. dollar.

Other Payables (Tables)

Other Payables (Tables)	9 Months Ended
	Mar. 31, 2022
Other Payables [Abstract]
Schedule Of Other Payables	March 31, June 30, 2022 2021 Accruals $ 7,915 $ 7,501 Provisions 5,291 5,343 Other 11,950 13,288 Value-added tax payable 541 435 Payroll-related payables 1,362 884 Participating merchants' settlement obligation 128 137 $ 27,187 $ 27,588

Capital Structure (Tables)

Capital Structure (Tables)	9 Months Ended
	Mar. 31, 2022
Capital Structure [Abstract]
Schedule Of Number Of Shares, Net Of Treasury	March 31, March 31, 2022 2021 Number of shares, net of treasury: Statement of changes in equity 57,921,062 56,626,060 Non-vested equity shares that have not vested as of end of period 1,248,391 294,000 Number of shares, net of treasury, excluding non-vested equity shares that have not vested 56,672,671 56,332,060

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Mar. 31, 2022
Accumulated Other Comprehensive Loss [Abstract]
Change In Accumulated Other Comprehensive (Loss) Income Per Component	Three months ended March 31, 2022 Accumulated foreign currency translation reserve Total Balance as of January 1, 2022 $ ( 157,879) $ ( 157,879) Release of foreign currency translation reserve related to the disposal of Finbond equity securities (Note 5) 583 583 Movement in foreign currency translation reserve 14,831 14,831 Balance as of March 31, 2022 $ ( 142,465) $ ( 142,465) Three months ended March 31, 2021 Accumulated foreign currency translation reserve Total Balance as of January 1, 2021 $ ( 141,242) $ ( 141,242) Release of foreign currency translation reserve related to disposal of Bank Frick ( 2,462) ( 2,462) Movement in foreign currency translation reserve ( 2,470) ( 2,470) Balance as of March 31, 2021 $ ( 146,174) $ ( 146,174) Nine months ended March 31, 2022 Accumulated foreign currency translation reserve Total Balance as of July 1, 2021 $ ( 145,721) $ ( 145,721) Release of foreign currency translation reserve related to disposal of Finbond equity securities (Note 5) 583 583 Movement in foreign currency translation reserve related to equity-accounted investment ( 644) ( 644) Movement in foreign currency translation reserve 3,317 3,317 Balance as of March 31, 2022 $ ( 142,465) $ ( 142,465) a Nine months ended March 31, 2021 Accumulated foreign currency translation reserve Total Balance as of July 1, 2020 $ ( 169,075) $ ( 169,075) Release of foreign currency translation reserve related to disposal of Bank Frick ( 2,462) ( 2,462) Movement in foreign currency translation reserve related to equity-accounted investment 1,688 1,688 Movement in foreign currency translation reserve 23,675 23,675 Balance as of March 31, 2021 $ ( 146,174) $ ( 146,174)

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Mar. 31, 2022
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 ($) Outstanding - June 30, 2021 1,294,832 3.93 7.68 1,624 1.45 Granted - February 2022 137,620 4.87 10.00 235 1.71 Exercised ( 249,521) 3.05 - 470 - Forfeited ( 188,332) 4.14 1.50 Outstanding - March 31, 2022 994,599 4.25 6.86 1,884 1.64 Outstanding - June 30, 2020 1,331,651 5.83 7.56 - 2.01 Granted – August 2020 150,000 3.50 3.00 166 1.11 Granted – November 2020 560,000 3.01 10.00 691 1.23 Exercised ( 17,335) 3.07 - 35 - Forfeited ( 466,033) 7.12 2.26 Outstanding - March 31, 2021 1,558,283 4.24 7.80 2,860 1.59 Number of shares Weighted average exercise price ($) Weighted average remaining contractual term (in years) Aggregate intrinsic value ($’000) Vested and expecting to vest - March 31, 2022 994,599 4.25 6.86 1,884 Number of shares Weighted average exercise price ($) Weighted average remaining contractual term (in years) Aggregate intrinsic value ($’000) Exercisable - March 31, 2022 464,506 5.37 5.73 220
Schedule Of Range Of Assumptions Used To Value Stock Options Granted	Nine months ended March 31, 2022 2021 Expected volatility 50 % 62 % Expected dividends 0 % 0 % Expected life (in years) 3 3 Risk-free rate 1.61 % 0.19 %
Restricted Stock Activity	Number of shares of restricted stock Weighted average grant date fair value ($’000) Non-vested – June 30, 2021 384,560 1,123 Total granted 893,831 4,433 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 Granted – February 2022 29,920 146 Granted – March 2022 207,859 1,097 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 – March 31, 2022 1,248,391 5,867 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 – March 31, 2021 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 March 31, 2022 Stock-based compensation charge $ 619 $ - $ 619 Reversal of stock compensation charge related to stock options and restricted stock forfeited ( 5) - ( 5) Total - three months ended March 31, 2022 $ 614 $ - $ 614 Three months ended March 31, 2021 Stock-based compensation charge $ 245 $ - $ 245 Total - three months ended March 31, 2021 $ 245 $ - $ 245 a Total charge Allocated to cost of goods sold, IT processing, servicing and support Allocated to selling, general and administration Nine months ended March 31, 2022 Stock-based compensation charge $ 1,751 $ - $ 1,751 Reversal of stock compensation charge related to stock options forfeited ( 40) - ( 40) Total - nine months ended March 31, 2022 $ 1,711 $ - $ 1,711 Nine months ended March 31, 2021 Stock-based compensation charge $ 1,173 $ - $ 1,173 Reversal of stock compensation charge related to stock options and restricted stock forfeited ( 297) - ( 297) Total - nine months ended March 31, 2021 $ 876 $ - $ 876

(Loss) Earnings Per Share (Tabl

(Loss) Earnings Per Share (Tables)	9 Months Ended
	Mar. 31, 2022
(Loss) Earnings Per Share [Abstract]
Income From Continuing Operations And Share Data Used In Basic And Diluted Earnings Per Share Computations	Three months ended Nine months ended March 31, March 31, 2022 2021 2022 2021 (in thousands except (in thousands except percent and percent and per share data) per share data) Numerator: Net loss attributable to Net1 $ ( 3,327) $ ( 6,204) $ ( 28,727) $ ( 39,696) Undistributed loss ( 3,327) ( 6,204) ( 28,727) ( 39,696) Percent allocated to common shareholders (Calculation 1) 98% 99% 99% 99% Numerator for loss per share: basic and diluted $ ( 3,262) $ ( 6,172) $ ( 28,299) $ ( 39,300) Denominator Denominator for basic (loss) earnings per share: weighted-average common shares outstanding 56,660 56,352 56,467 56,236 Effect of dilutive securities: Stock options - 275 - 92 Denominator for diluted (loss) earnings per share: adjusted weighted average common shares outstanding and assuming conversion 56,660 56,627 56,467 56,328 Loss per share: Basic $ ( 0.06) $ ( 0.11) $ ( 0.50) $ ( 0.70) Diluted $ ( 0.06) $ ( 0.11) $ ( 0.50) $ ( 0.70) (Calculation 1) Basic weighted-average common shares outstanding (A) 56,660 56,352 56,467 56,236 Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B) 57,791 56,646 57,322 56,803 Percent allocated to common shareholders (A) / (B) 98% 99% 99% 99%

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	9 Months Ended
	Mar. 31, 2022
Supplemental Cash Flow Information [Abstract]
Schedule Of Supplemental Cash Flow Disclosures	Three months ended Nine months ended March 31, March 31, 2022 2021 2022 2021 Cash received from interest $ 756 $ 537 $ 1,444 $ 1,746 Cash paid for interest $ 788 $ 707 $ 2,468 $ 2,251 Cash paid for income taxes $ 181 $ 211 $ 471 $ 16,382
Schedule Of Disaggregation Of Cash, Cash Equivalents And Restricted Cash	March 31, 2022 March 31, 2021 June 30, 2021 Cash and cash equivalents $ 183,712 $ 207,814 $ 198,572 Restricted cash 56,336 19,016 25,193 Cash, cash equivalents and restricted cash $ 240,048 $ 226,830 $ 223,765
Supplemental Cash Flow Disclosure Related To Leases	Three months ended March 31, Nine months ended March 31, 2022 2021 2022 2021 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 902 $ 1,061 $ 2,665 $ 2,940 Right-of-use assets obtained in exchange for lease obligations Operating leases $ 290 $ 796 $ 1,308 $ 2,497

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Mar. 31, 2022
Revenue Recognition [Abstract]
Revenue Disaggregated By Major Revenue Streams	Consumer Merchant Other Total Processing fees $ 7,075 $ 8,136 $ 397 $ 15,608 South Africa 7,075 8,136 - 15,211 Rest of world - - 397 397 Technology products 40 7,877 - 7,917 Telecom products and services - 1,862 - 1,862 Lending revenue 5,614 - - 5,614 Insurance revenue 2,169 - - 2,169 Account holder fees 1,434 - - 1,434 Other 97 501 - 598 Total revenue, derived from the following geographic locations 16,429 18,376 397 35,202 South Africa 16,429 18,376 - 34,805 Rest of world $ - $ - $ 397 $ 397 Consumer Merchant Other Total Processing fees $ 7,179 $ 6,810 $ 421 $ 14,410 South Africa (1) 7,179 6,810 - 13,989 Rest of world - - 421 421 Technology products 87 2,179 - 2,266 Telecom products and services - 2,945 - 2,945 Lending revenue 5,474 - - 5,474 Insurance revenue 1,709 - - 1,709 Account holder fees 1,414 - - 1,414 Other 373 237 - 610 Total revenue, derived from the following geographic locations 16,236 12,171 421 28,828 South Africa 16,236 12,171 - 28,407 Rest of world $ - $ - $ 421 $ 421 Consumer Merchant Other Total Processing fees $ 22,535 $ 24,633 $ 1,220 $ 48,388 South Africa 22,535 24,633 - 47,168 Rest of world - - 1,220 1,220 Technology products 252 15,851 - 16,103 Telecom products and services - 6,169 - 6,169 Lending revenue 16,171 - - 16,171 Insurance revenue 6,396 - - 6,396 Account holder fees 4,255 - - 4,255 Other 623 2,715 - 3,338 Total revenue, derived from the following geographic locations 50,232 49,368 1,220 100,820 South Africa 50,232 49,368 - 99,600 Rest of world $ - $ - $ 1,220 $ 1,220 Consumer Merchant Other Total Processing fees $ 23,318 $ 20,496 $ 2,855 $ 46,669 South Africa (1) 23,318 20,496 - 43,814 Rest of world - - 2,855 2,855 Technology products 158 13,723 - 13,881 Telecom products and services - 10,515 - 10,515 Lending revenue 14,962 - - 14,962 Insurance revenue 4,779 - - 4,779 Account holder fees 3,870 - - 3,870 Other 780 813 - 1,593 Total revenue, derived from the following geographic locations 47,867 45,547 2,855 96,269 South Africa 47,867 45,547 - 93,414 Rest of world $ - $ - $ 2,855 $ 2,855

Leases (Tables)

Leases (Tables)	9 Months Ended
	Mar. 31, 2022
Leases [Abstract]
Supplemental Balance Sheet Disclosure Related To Right-of-use Assets And Operating Leases Liabilities	March 31, June 30, 2022 2021 Right of use assets obtained in exchange for lease obligations: Weighted average remaining lease term (years) 3.00 3.94 Weighted average discount rate (percent) 9.3 9.3
Maturities Of Operating Lease Liability	Maturities of operating lease liabilities Year ended June 30, 2022 (excluding nine months to March 31, 2022) $ 917 2023 1,832 2024 861 2025 260 2026 - Thereafter - Total undiscounted operating lease liabilities 3,870 Less imputed interest 293 Total operating lease liabilities, included in 3,577 Operating lease liability - current 2,232 Operating lease liability - long-term $ 1,345

Operating Segments (Tables)

Operating Segments (Tables)	9 Months Ended
	Mar. 31, 2022
Operating Segments [Abstract]
Reconciliation Of Reportable Segments Revenue	Revenue Reportable Segment Inter-segment From external customers Consumer $ 16,429 $ - $ 16,429 Merchant 18,478 102 18,376 Other 397 - 397 Total for the three months ended March 31, 2022 $ 35,304 $ 102 $ 35,202 Consumer $ 16,236 $ - $ 16,236 Merchant 12,171 - 12,171 Other 421 - 421 Total for the three months ended March 31, 2021 $ 28,828 $ - $ 28,828 Revenue Reportable Segment Inter-segment From external customers Consumer $ 50,232 $ - $ 50,232 Merchant 49,652 284 49,368 Other 1,220 - 1,220 Total for the nine months ended March 31, 2022 $ 101,104 $ 284 $ 100,820 Consumer $ 47,867 $ - $ 47,867 Merchant 45,623 76 45,547 Other 2,855 - 2,855 Total for the nine months ended March 31, 2021 $ 96,345 $ 76 $ 96,269
Reconciliation Of Reportable Segments Measure Of Profit Or Loss To Loss Before Income Tax (Benefit) Expense	Three months ended Nine months ended March 31, March 31, 2022 2021 2022 2021 Reportable segments measure of profit or loss $ ( 5,508) $ ( 10,652) $ ( 16,567) $ ( 25,209) Operating loss: Corporate/Eliminations ( 2,560) ( 1,404) ( 8,775) ( 8,943) Lease adjustments ( 890) ( 1,104) ( 2,647) ( 2,991) Depreciation and amortization ( 463) ( 1,132) ( 2,084) ( 3,129) Change in fair value of equity securities - 10,814 - 25,942 Gain related to fair value adjustment to currency options 6,120 - 3,691 - Gain on disposal of equity securities 720 - 720 - Loss on disposal of equity-accounted investment - Bank Frick - ( 472) - ( 472) Loss on disposal of equity-accounted investment ( 346) - ( 346) ( 13) Interest income 761 606 1,463 1,934 Interest expense ( 691) ( 744) ( 2,272) ( 2,168) Loss before income taxes $ ( 2,857) $ ( 4,088) $ ( 26,817) $ ( 15,049)
Summary Of Segment Information	Three months ended Nine months ended March 31, March 31, 2022 2021 2022 2021 Revenues Consumer $ 16,429 $ 16,236 $ 50,232 $ 47,867 Merchant 18,478 12,171 49,652 45,623 Other 397 421 1,220 2,855 Total 35,304 28,828 101,104 96,345 Segment Adjusted EBITDA Consumer (1) ( 6,866) ( 7,610) ( 20,871) ( 19,395) Merchant 1,271 273 3,951 4,471 Other 87 ( 3,315) 353 ( 10,285) Total Segment Adjusted EBITDA ( 5,508) ( 10,652) ( 16,567) ( 25,209) Corporate/Eliminations ( 2,560) ( 1,404) ( 8,775) ( 8,943) Subtotal ( 8,068) ( 12,056) ( 25,342) ( 34,152) Less: Lease adjustments 890 1,104 2,647 2,991 Less: Depreciation and amortization 463 1,132 2,084 3,129 Total operating loss ( 9,421) ( 14,292) ( 30,073) ( 40,272) Depreciation and amortization Consumer 226 798 1,377 2,275 Merchant 207 176 613 487 Other 13 66 43 106 Subtotal: Operating segments 446 1,040 2,033 2,868 Corporate/Eliminations 17 92 51 261 Total 463 1,132 2,084 3,129 Expenditures for long-lived assets Consumer 713 99 1,523 3,343 Merchant 120 550 196 581 Other 1 - 2 23 Subtotal: Operating segments 834 649 1,721 3,947 Corporate/Eliminations - - - - Total $ 834 $ 649 $ 1,721 $ 3,947 (1) Consumer Segment Adjusted EBITDA for the three and nine months ended March 31, 2022, includes reorganization costs of $ million (refer also Note 1).

Subsequent Events (Tables)

Subsequent Events (Tables)	9 Months Ended
	Mar. 31, 2022
Subsequent Events [Abstract]
Summary Of Payments Maturities	Facility A Loan Facility B Loan ZAR '000 ZAR '000 Total facility ZAR 700,000 ZAR 350,000 Repayments due within the twelve months ended: March 31, 2023 - ( 56,250) March 31, 2024 - ( 75,000) March 31, 2025 - ( 93,750) March 31, 2026 - ( 118,750) March 31, 2027 ( 137,500) ( 6,250) March 31, 2028 ZAR ( 562,500) ZAR -

Basis Of Presentation And Sum_3

Basis Of Presentation And Summary Of Significant Accounting Policies (Narrative) (Details) $ in Thousands, R in Millions	1 Months Ended	3 Months Ended			9 Months Ended
	Jul. 31, 2021ZAR (R)Item	Mar. 31, 2022USD ($)	Mar. 31, 2022ZAR (R)	Mar. 31, 2021USD ($)	Mar. 31, 2022USD ($)	Mar. 31, 2022ZAR (R)	Mar. 31, 2021USD ($)
Retrenchment costs		$ 6,700	R 103.4		$ 6,700	R 103.4
Restructuring Charges | $		5,852		$ 0	5,852		$ 0
South Africa [Member] | July 2021 Civil Unrest In South Africa [Member]
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			12.6			38.6
South Africa [Member] | July 2021 Compared To June 2021 [Member] | July 2021 Civil Unrest In South Africa [Member]
Percentage decrease in ATMs transaction volume	13.00%
South Africa [Member] | August 2021 Compared To July 2021 [Member] | July 2021 Civil Unrest In South Africa [Member]
Percentage decrease in ATMs transaction volume	3.00%
South Africa [Member] | Waiver Of Customers Pay To Utilize Other Bank's ATMs For August And September 2021 [Member] | July 2021 Civil Unrest In South Africa [Member]
Lost transaction fee revenue		$ 400	R 6		$ 400	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	3 Months Ended		9 Months Ended
	Oct. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021	Jul. 31, 2022	Jun. 30, 2021	Jun. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Proceeds from sale of equity method investments		$ 819	$ 0	$ 819	$ 0
Remaining receivable amount		24,435		24,435			$ 26,583
Accounts receivable, trade, gross		$ 10,479		$ 10,479			10,760
Cedar Cellular [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Equity ownership percentage		7.625%		7.625%
Cedar Cellular [Member] | 8.625% Notes [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Interest rate		8.625%		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
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			$ 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	9 Months Ended	12 Months Ended
	Mar. 31, 2022	Jun. 30, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable, trade, net	$ 10,025	$ 10,493
Accounts receivable, trade, gross	10,479	10,760
Allowance for doubtful accounts receivable, end of period	454	267
Beginning of period	267	253
Reversed to statement of operations	(60)	(182)
Charged to statement of operations	251	232
Utilized	(3)	(59)
Foreign currency adjustment	(1)	23
Other receivables	10,520	8,590
Total accounts receivable, net and other receivables	24,435	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	Mar. 31, 2022USD ($)
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	9 Months Ended	12 Months Ended
	Mar. 31, 2022	Jun. 30, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance loans receivable, net	$ 22,196	$ 21,142
Reversed to statement of operations	(60)	(182)
Total accounts receivable, net	22,196	21,142
Microlending Finance Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total finance loans receivable, net	22,196	21,142
Receivable, gross	24,662	23,491
Allowance for doubtful finance loans receivable, end of period	2,466	2,349
Beginning of period	2,349	1,858
Reversed to statement of operations	0	(1,004)
Charged to statement of operations	1,026	2,060
Utilized	(873)	(967)
Foreign currency adjustment	$ (36)	$ 402

Inventory (Narrative) (Details)

Inventory (Narrative) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2021
Inventory [Line Items]
Finished goods	$ 22,104	$ 22,361
Airtime Inventory Subject To Sale Restrictions [Member]
Inventory [Line Items]
Finished goods	$ 15,700	$ 16,500

Inventory (Schedule Of Inventor

Inventory (Schedule Of Inventory) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Jun. 30, 2021
Inventory [Abstract]
Finished goods	$ 22,104	$ 22,361
Inventory	$ 22,104	$ 22,361

Fair Value Of Financial Instr_3

Fair Value Of Financial Instruments (Narrative) (Details) R in Millions	Feb. 24, 2022ZAR (R)	Mar. 31, 2022USD ($)shares	Mar. 31, 2022ZAR (R)	Dec. 31, 2021USD ($)	Mar. 31, 2021USD ($)	Mar. 31, 2022USD ($)shares	Mar. 31, 2022ZAR (R)	Mar. 31, 2021USD ($)	Jun. 30, 2021USD ($)
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
Gain related to fair value adjustment to currency options		6,120,000		$ (2,400,000)	$ 0	3,691,000		$ 0
Generated realized gain | R	R 3.7
Net gain related to fair value adjustment to currency options | R			R 6.1				R 3.7
(Gain) Loss related to fair value adjustment to currency options		$ 2,391,000				$ (38,000)
Foreign Exchange Contracts [Member]
Derivatives, Fair Value [Line Items]
Outstanding foreign exchange contracts		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%				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	9 Months Ended	12 Months Ended
	Mar. 31, 2022USD ($)	Jun. 30, 2021USD ($)	Mar. 31, 2022ZAR (R)	Jun. 30, 2021ZAR (R)
Net adjusted external debt	$ 0.8	$ 0.8	R 11.7	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	Mar. 31, 2022	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
3.3% 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
3.3% Increase [Member] | EBITDA Multiple [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Sensitivity for fair value of investment, increase (decrease) in valuation	548
2.5% 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	432
2.5% 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) - Foreign Exchange Contract [Member] - July 02, 2021 [Member]	Jun. 30, 2021EUR (€)$ / Unit
Derivatives, Fair Value [Line Items]
Notional amount | €	€ 5,700
Strike price	1.1911
Fair market	1.1859

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 ($)	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	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)	411,000	381,000
Fixed maturity investments (included in cash and cash equivalents)	3,090,000	3,158,000
Total assets at fair value	3,501,000	3,539,000
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)	411,000	381,000
Fixed maturity investments (included in cash and cash equivalents)	3,090,000	3,158,000
Total assets at fair value	3,501,000	3,539,000
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
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

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		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Liabilities
Foreign currency adjustment	$ 152,000	$ 475,000	$ 476,000	$ (1,201,000)
Recurring [Member]
Assets
Beginning balance, Carrying value			3,539,000
Ending balance, Carrying value	3,501,000		3,501,000
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

Equity-Accounted Investments _3

Equity-Accounted Investments And Other Long-Term Assets (Narrative) (Details) R / shares in Units, $ / shares in Units, R in Millions	1 Months Ended				3 Months Ended			9 Months Ended
	Oct. 31, 2021shares	Jun. 30, 2021USD ($)$ / shares	Mar. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Mar. 31, 2022USD ($)$ / sharesshares	Dec. 31, 2021USD ($)	Mar. 31, 2021USD ($)	Mar. 31, 2022USD ($)$ / sharesshares	Mar. 31, 2021USD ($)	Mar. 31, 2022ZAR (R)R / sharesshares	Feb. 28, 2022USD ($)	Feb. 10, 2021USD ($)	Nov. 30, 2020USD ($)$ / shares
Increase the carrying value in its investment					$ 0		$ 10,814,000	$ 0	$ 25,942,000
Change in fair value of securities (Note 4 and 5)					0		10,814,000	0	25,942,000
Equity accounted loss					$ (346,000)		0	$ (346,000)	(13,000)
Finbond [Member]
Equity-accounted investments, ownership percentage		31.47%			29.00%			29.00%		29.00%
Investment amount owned					$ 8,500,000			$ 8,500,000		R 123.7
Investment shares owned | shares					247,438,164			247,438,164		247,438,164
Number of shares issued in transaction | shares					21,382,769			21,382,769
Share price per share | R / shares										R 0.50
Equity accounted loss								$ (1,156,000)
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		12.00%			10.00%			10.00%		10.00%
Investment amount owned		$ 76,300,000	$ 52,900,000	$ 42,100,000			$ 52,900,000		52,900,000			$ 42,100,000	$ 27,000,000
Share price per share | $ / shares		$ 245.50			$ 170.33			$ 170.33					$ 135.54
Change in fair value of securities (Note 4 and 5)		$ 23,400,000	$ 10,800,000	$ 15,100,000
Ownership interest owned, percent					10.20%			10.20%		10.20%
Equity accounted loss						$ 10,800,000			$ 25,900,000
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
Revix [Member]
Fair value of consideration received											$ 700,000
Investment amount owned					$ 0			$ 0
Equity accounted loss					$ 700,000			$ 700,000
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)	Mar. 31, 2022	Jun. 30, 2021
Finbond [Member]
Schedule of Equity Method Investments [Line Items]
Equity-accounted investments, ownership percentage	29.00%	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 (Calculation Of Loss On Disposal Of Bank Frick) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Less: release of foreign currency translation reserve from accumulated other comprehensive loss	$ (583)	$ 2,462	$ (583)	$ 2,462
Bank Frick [Member]
Less: release of foreign currency translation reserve from accumulated other comprehensive loss	0	$ (2,462)	0	$ (2,462)
Finbond Group Limited [Member]
Consideration received	819		819
Less: transaction costs	(591)		(591)
Less: release of foreign currency translation reserve from accumulated other comprehensive loss	583		583
Add: release of stock-based compensation charge related to equity-accounted investment	9		9
Loss on sale of business	$ (346)		$ (346)

Equity-Accounted Investments _6

Equity-Accounted Investments And Other Long-Term Assets (Summary Of Movement In Equity-Accounted Investments) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Schedule of Equity Method Investments [Line Items]
Balance	$ 240,267	$ 285,261	$ 275,980	$ 290,213
Equity accounted loss	(346)	0	(346)	(13)
Balance	252,980	$ 274,405	252,980	$ 274,405
Balance as of, beginning			67,371
Balance as of, ending	95,706		95,706
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			(1,156)
Share of net loss			(1,156)
Dividends received			(137)
Disposal of equity-accounted investment			(591)
Foreign currency adjustment			(210)
Balance	7,275		7,275
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			(1,156)
Share of net loss			(1,156)
Dividends received			0
Disposal of equity-accounted investment			(591)
Foreign currency adjustment			(206)
Balance	7,234		7,234
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			0
Share of net loss			0
Dividends received			(137)
Disposal of equity-accounted investment			0
Foreign currency adjustment			(4)
Balance	$ 41		$ 41

Equity-Accounted Investments _7

Equity-Accounted Investments And Other Long-Term Assets (Carrying Amount Of Equity-Accounted Investments) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Jun. 30, 2020
Schedule of Equity Method Investments [Line Items]
As reported, beginning of period	$ 252,980	$ 240,267	$ 275,980	$ 274,405	$ 285,261	$ 290,213
Loans	95,706		67,371
TOTAL LIABILITIES, REDEEMABLE COMMON STOCK AND SHAREHOLDERS' EQUITY	433,665		428,330
Nonconsolidated Investee or Group of Investees [Member]
Schedule of Equity Method Investments [Line Items]
As reported, beginning of period	7,275		10,004
Loans	0		0
TOTAL LIABILITIES, REDEEMABLE COMMON STOCK AND SHAREHOLDERS' EQUITY	$ 7,275		$ 10,004

Equity-Accounted Investments _8

Equity-Accounted Investments And Other Long-Term Assets (Summary Of Other Long-Term Asset) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	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)	411	381
Reinsurance assets under insurance contracts (Note 7)	1,284	1,298
Total other long-term assets	77,992	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 _9

Equity-Accounted Investments And Other Long-Term Assets (Summary Of Unrealized Gain (Loss) On Investments) (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Mar. 31, 2022	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
Unrealized 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
Unrealized 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
Unrealized 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
Unrealized 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		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Goodwill and Intangible Assets [Line Items]
Amortization expense	$ 0.1	$ 0.1	$ 0.1	$ 0.3

Goodwill And Intangible Asset_4

Goodwill And Intangible Assets, Net (Summary Of Movement In Carrying Value Of Goodwill) (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2022USD ($)
Gross value, Beginning Balance	$ 42,949
Gross value, Foreign currency adjustment	(630)
Gross value, Ending Balance	42,319
Accumulated impairment, Beginning Balance	(13,796)
Accumulated impairment, Foreign currency adjustment	138
Accumulated impairment, Ending Balance	(13,658)
Carrying value, Beginning Balance	29,153
Carrying value, Foreign currency adjustment	(492)
Carrying value, Ending Balance	$ 28,661

Goodwill And Intangible Asset_5

Goodwill And Intangible Assets, Net (Goodwill Allocated To Reportable Segments) (Details) $ in Thousands	9 Months Ended
	Mar. 31, 2022USD ($)
Goodwill [Line Items]
Carrying value, Beginning Balance	$ 29,153
Carrying value, Foreign currency adjustment	(492)
Carrying value, Ending Balance	28,661
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	(492)
Carrying value, Ending Balance	28,004
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	Mar. 31, 2022	Jun. 30, 2021
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross carrying value	$ 14,686	$ 16,760
Accumulated amortization	(14,388)	(16,403)
Total future estimated amortization expense	298	357
Total intangible assets, Net carrying value	298	357
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross carrying value	9,683	10,340
Accumulated amortization	(9,683)	(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	390	1,726
Accumulated amortization	(390)	(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	2,633	2,679
Accumulated amortization	(2,633)	(2,679)
Total future estimated amortization expense	0	0
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, Gross carrying value	1,980	2,015
Accumulated amortization	(1,682)	(1,658)
Total future estimated amortization expense	$ 298	$ 357

Goodwill And Intangible Asset_7

Goodwill And Intangible Assets, Net (Future Estimated Annual Amortization Expense) (Details) $ in Thousands	Mar. 31, 2022USD ($)
Goodwill And Intangible Assets, Net [Abstract]
Fiscal 2022	$ 71
Fiscal 2023	71
Fiscal 2024	70
Fiscal 2025	70
Fiscal 2026	70
Total future estimated annual amortization expense	$ 352

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	9 Months Ended
	Mar. 31, 2022USD ($)
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	1,612
Reinsurance assets, Claims and decrease in policyholders' benefits under insurance contracts	(1,603)
Reinsurance assets, Foreign currency adjustment	(23)
Reinsurance assets, Ending Balance	1,284
Insurance contracts, Beginning Balance	(2,011)
Insurance contracts, Increase in policyholder benefits under insurance contracts	8,158
Insurance contracts, Claims and decrease in policyholders' benefits under insurance contracts	(8,304)
Insurance contracts, Foreign currency adjustment	30
Insurance contracts, Ending Balance	$ (2,127)

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	9 Months Ended
	Mar. 31, 2022USD ($)
Assets And Policyholder Liabilities Under Insurance And Investment Contracts [Abstract]
Assets, Beginning Balance	$ 381
Assets, Increase in policyholder benefits under investment contracts	11
Assets, Foreign currency adjustment	19
Assets, Ending Balance	411
Investment contracts, Beginning Balance	(381)
Investment contracts, Increase in policy holder benefits under investment contracts	(11)
Investment contracts, Foreign currency adjustment	6
Investment contracts, Ending Balance	$ (386)

Borrowings (Narrative) (Details

Borrowings (Narrative) (Details) $ in Thousands, R in Millions	9 Months Ended
	Mar. 31, 2022USD ($)	Mar. 31, 2022ZAR (R)	Jun. 30, 2021USD ($)	Jun. 30, 2021ZAR (R)
Short-term Debt [Line Items]
Short-term facility available	$ 124,140
Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Short-term facility available	113,382
General Banking Facility [Member]
Short-term Debt [Line Items]
Short-term facility available | R		R 205
Overdraft Facility [Member]
Short-term Debt [Line Items]
Amount utilized	45,678		$ 14,245
Overdraft Facility [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Amount utilized	45,678
Indirect And Derivative Facilities [Member]
Short-term Debt [Line Items]
Short-term facility available	10,758
Amount utilized	10,659		10,947
Nedbank Limited [Member] | South Africa [Member]
Short-term Debt [Line Items]
Short-term facility available	27,900	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	17,179
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	17,200	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	$ 27,937
Interest rate on credit facility	6.60%	6.60%
Aggregate amount of short-term borrowing	$ 10,700	R 155.1
Amount utilized	0
Nedbank Limited [Member] | South Africa [Member] | Indirect And Derivative Facilities [Member]
Short-term Debt [Line Items]
Short-term facility available	10,758	156.6
Amount utilized	10,659		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	10,700	155.1	10,900	R 156.6
RMB [Member] | South Africa [Member]
Short-term Debt [Line Items]
Short-term facility available	96,203
RMB [Member] | South Africa [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Short-term facility available	96,203
RMB [Member] | South Africa [Member] | Overdraft Facility [Member]
Short-term Debt [Line Items]
Amount utilized	45,678		14,245
RMB [Member] | South Africa [Member] | Overdraft Facility [Member] | Facility E [Member]
Short-term Debt [Line Items]
Short-term facility available	$ 96,200	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	7.75%
RMB [Member] | South Africa [Member] | Overdraft Facility [Member] | Letter Of Amendment [Member] | Facility E [Member]
Short-term Debt [Line Items]
Amount utilized	$ 45,700	R 700
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		9 Months Ended
	Mar. 31, 2022USD ($)	Mar. 31, 2021USD ($)	Mar. 31, 2022USD ($)	Mar. 31, 2022ZAR (R)	Mar. 31, 2021USD ($)	Mar. 31, 2022ZAR (R)
Short-term Debt [Line Items]
Short-term facility available	$ 124,140		$ 124,140
Utilized	95,048	$ 55,280	406,398		$ 261,759
Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Short-term facility available	113,382		113,382
Overdraft Facility [Member]
Short-term Debt [Line Items]
Balance as of June 30, 2020			14,245
Utilized			406,398
Repaid			(372,508)
Foreign currency adjustment			(2,457)
Balance as of March 31, 2021	45,678		45,678
Overdraft Facility [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Balance as of March 31, 2021	45,678		45,678
Indirect And Derivative Facilities [Member]
Short-term Debt [Line Items]
Short-term facility available	10,758		10,758
Balance as of June 30, 2020			10,947
Guarantees cancelled			(99)
Foreign currency adjustment			(189)
Balance as of March 31, 2021	10,659		10,659
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	45,678		45,678
South Africa [Member] | Nedbank Limited [Member]
Short-term Debt [Line Items]
Short-term facility available	$ 27,900		$ 27,900			R 406.6
South Africa [Member] | Nedbank Limited [Member] | Prime Rate [Member]
Short-term Debt [Line Items]
Debt instrument, interest rate	6.60%		6.60%			6.60%
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	$ 17,179		$ 17,179
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	17,200		17,200			R 250
Balance as of June 30, 2020			0
Utilized			1,350
Repaid			(1,323)
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	27,937		27,937
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	10,758		10,758			R 156.6
Balance as of June 30, 2020			10,947
Guarantees cancelled			(99)
Foreign currency adjustment			(189)
Balance as of March 31, 2021	10,659		10,659
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	10,700		10,700	R 155.1
South Africa [Member] | RMB [Member]
Short-term Debt [Line Items]
Short-term facility available	$ 96,203		$ 96,203
South Africa [Member] | RMB [Member] | Prime Rate [Member]
Short-term Debt [Line Items]
Debt instrument, interest rate	7.75%		7.75%			7.75%
South Africa [Member] | RMB [Member] | Overdraft Restricted As To Use For ATM Funding Only [Member]
Short-term Debt [Line Items]
Short-term facility available	$ 96,203		$ 96,203
South Africa [Member] | RMB [Member] | Overdraft Facility [Member]
Short-term Debt [Line Items]
Balance as of June 30, 2020			14,245
Utilized			405,048
Repaid			(371,185)
Foreign currency adjustment			(2,430)
Balance as of March 31, 2021	45,678		45,678
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
Guarantees cancelled			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	Mar. 31, 2022	Jun. 30, 2021
Other Payables [Abstract]
Accruals	$ 7,915	$ 7,501
Provisions	5,291	5,343
Other	11,950	13,288
Value-added tax payable	541	435
Payroll-related payables	1,362	884
Participating merchants' settlement obligation	128	137
Other payables, total	$ 27,187	$ 27,588

Capital Structure (Schedule Of

Capital Structure (Schedule Of Number Of Shares, Net Of Treasury) (Details) - shares	Mar. 31, 2022	Mar. 31, 2021
Capital Structure [Abstract]
Number of shares, net of treasury: Statement of changes in equity	57,921,062	56,626,060
Non-vested equity shares that have not vested as of end of period	1,248,391	294,000
Number of shares, net of treasury excluding non-vested equity shares that have not vested	56,672,671	56,332,060

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Bank Frick [Member]
Reclassification from accumulated other comprehensive (loss) income		$ 2.5		$ 2.5
Finbond Group Limited [Member]
Reclassification from accumulated other comprehensive (loss) income	$ 0.6		$ 0.6

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Loss (Change In Accumulated Other Comprehensive (Loss) Income Per Component) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ (157,879)	$ (141,242)	$ (145,721)	$ (169,075)
Release of foreign currency translation reserve related to disposal (Note 5)	583	(2,462)	583	(2,462)
Movement in foreign currency translation reserve related to equity-accounted investment	0	0	(644)	1,688
Movement in foreign currency translation reserve	14,831	(2,470)	3,317	23,675
Ending Balance	(142,465)	(146,174)	(142,465)	(146,174)
Bank Frick [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Release of foreign currency translation reserve related to disposal (Note 5)	0	2,462	0	2,462
Accumulated Foreign Currency Translation Reserve [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(157,879)	(141,242)	(145,721)	(169,075)
Release of foreign currency translation reserve related to disposal (Note 5)	583	(2,462)	583	(2,462)
Movement in foreign currency translation reserve related to equity-accounted investment			(644)	1,688
Movement in foreign currency translation reserve	14,831	(2,470)	3,317	23,675
Ending Balance	$ (142,465)	$ (146,174)	$ (142,465)	$ (146,174)

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands

Mar. 01, 2022

Jul. 01, 2021

Apr. 30, 2021

Aug. 05, 2020

Feb. 28, 2022

Dec. 31, 2021

Aug. 31, 2021

Mar. 31, 2022

Mar. 31, 2021

Mar. 31, 2022

Mar. 31, 2021

Jun. 30, 2021

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of stock options awarded

137,620

Exercise price of stock options granted

$ 4.87

Forfeitures, Number of shares

188,332

466,033

Vested and expected to vest, Number of shares

994,599

994,599

Stock-based compensation charge, net

$ 614

$ 245

$ 1,711

$ 876

Deferred tax asset related to stock-based compensation

300

300

$ 100

Valuation allowance

$ 300

$ 300

$ 100

Employees [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of stock options awarded

560,000

Stock Options [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Expected volatility calculation term

750 days

Exercisable stock options

0

0

376,348

337,666

Options exercise price range, lower limit

$ 3.01

Options exercise price range, upper limit

$ 11.23

Unrecognized compensation cost

$ 500

$ 500

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

137,620

0

137,620

Forfeitures, Number of shares

94,404

10,000

188,332

205,999

Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Number of stock options awarded

893,831

Vested number of shares of restricted stock

0

0

311,300

Forfeitures, Number of shares

30,000

510,200

Stock-based compensation charge, net

$ 600

$ 200

$ 1,700

$ 900

Unrecognized compensation cost

$ 4,800

$ 4,800

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%

Stock Issued During Period Shares Issued For Services

6,481

Monthly Fee Dividend

$ 35,000

Stock Issued During Period, Shares, New Issues

19,443

Allocated Share Based Compensation Expense

$ 100

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] | Executive Officer [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Forfeitures, Number of shares

164,000

30,000

Restricted Stock [Member] | Executive Officer [Member] | Time-Based Vesting [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Forfeitures, Number of shares

26,800

Restricted Stock [Member] | Executive Officer [Member] | Performance And Time-Based Vesting [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Forfeitures, Number of shares

107,200

Restricted Stock [Member] | Executive Officer [Member] | Market Condition And Time-Based Vesting [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Forfeitures, Number of shares

30,000

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

29,920

50,300

44,986

Restricted Stock [Member] | Group Chief Executive Officer [Member] | Subject To Performance Conditions And Continued Employment 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

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

Restricted Stock [Member] | Executives [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

207,859

Stock-Based Compensation (Summa

Stock-Based Compensation (Summarized Stock Option Activity) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	9 Months Ended		12 Months Ended
	Mar. 31, 2022	Mar. 31, 2022	Mar. 31, 2021	Jun. 30, 2021	Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Number of shares, Beginning Balance		1,294,832	1,331,651	1,331,651
Granted, Number of shares		137,620
Exercised		(249,521)	(17,335)
Forfeitures, Number of shares		(188,332)	(466,033)
Outstanding, Number of shares, Ending Balance	994,599	994,599	1,558,283	1,294,832	1,331,651
Exercisable, Number of Shares	464,506	464,506
Vested and expected to vest, Number of shares	994,599	994,599
Outstanding, Weighted average exercise price, Beginning Balance		$ 3.93	$ 5.83	$ 5.83
Granted, Weighted average exercise price		4.87
Exercised, weighted average exercise price		3.05	3.07
Forfeitures, Weighted average exercise price		4.14	7.12
Outstanding, Weighted average exercise price, Ending Balance	$ 4.25	4.25	$ 4.24	$ 3.93	$ 5.83
Exercisable, Weighted average exercise price	5.37	5.37
Vested and expected to vest, Weighted average exercise price	$ 4.25	$ 4.25
Outstanding, Weighted average remaining contractual term (in years)		6 years 10 months 9 days	7 years 9 months 18 days	7 years 8 months 4 days	7 years 6 months 21 days
Granted, Weighted average remaining contractual term (in years)		10 years
Exercisable, Weighted average remaining contractual term (in years)	5 years 8 months 23 days
Vested and expected to vest, Weighted average remaining contractual term (in years)		6 years 10 months 9 days
Vested and expecting to vest, Aggregate intrinsic value	$ 1,884	$ 1,884
Outstanding, Aggregate intrinsic value, Beginning Balance		1,624	$ 0	$ 0
Granted, Aggregate intrinsic value	235	235
Exercised, Aggregate intrinsic value		470	35,000
Exercisable, Aggregate intrinsic value	220	220
Outstanding, Aggregate intrinsic value, Ending Balance	$ 1,884	$ 1,884	$ 2,860	$ 1,624	$ 0
Outstanding, Weighted average grant date fair value, Beginning Balance		$ 1.45	$ 2.01	$ 2.01
Granted, Weighted average grant date fair value		1.71
Forfeitures, Weighted average grant date fair value		1.50	2.26
Outstanding, Weighted average grant date fair value, Ending Balance	$ 1.64	$ 1.64	$ 1.59	$ 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
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
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]	9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	50.00%	62.00%
Expected dividends	0.00%	0.00%
Expected life (in years)	3 years	3 years
Risk-free rate	1.61%	0.19%

Stock-Based Compensation (Restr

Stock-Based Compensation (Restricted Stock Activity) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Mar. 31, 2022	Mar. 31, 2022	Mar. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of Shares of Restricted Stock		137,620
Forfeitures, Number of Shares of Restricted Stock		(188,332)	(466,033)
Non-vested, Number of Shares of Restricted Stock, Ending Balance	1,248,391	1,248,391	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		384,560	1,115,500
Granted, Number of Shares of Restricted Stock		893,831
Vested, Number of Shares of Restricted Stock	0	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, Number of Shares of Restricted Stock, Ending Balance	1,248,391	1,248,391	294,000
Non-vested, Weighted Average Grant Date Fair Value, Beginning Balance		$ 1,123	$ 5,354
Granted, Weighted Average Grant Date Fair Value		4,433
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)
Non-vested, Weighted Average Grant Date Fair Value, Ending Balance	$ 5,867	$ 5,867	$ 994
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] | February 2022 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of Shares of Restricted Stock		29,920
Granted, Weighted Average Grant Date Fair Value		$ 146
Restricted Stock [Member] | March 2022 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Number of Shares of Restricted Stock		207,859
Granted, Weighted Average Grant Date Fair Value		$ 1,097
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		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation charge	$ 619,000	$ 245,000	$ 1,751,000	$ 1,173,000
Reversal of stock compensation charge related to stock options and restricted stock forfeited	(5,000)		(40,000)	(297,000)
Total	614,000	245,000	1,711,000	876,000
Allocated To Selling, General And Administration [Member]
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Stock-based compensation charge	619,000	245,000	1,751,000	1,173,000
Reversal of stock compensation charge related to stock options and restricted stock forfeited			(40,000)	(297,000)
Total	614,000	245,000	1,711,000	876,000
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	(5,000)		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		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options outstanding not included in computation of diluted earnings per share	185,902		172,113
Options exercise price range, lower limit	$ 4.87	$ 6.20	$ 4.87	$ 6.20
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	408,252		408,252
Price Range 2 [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options outstanding not included in computation of diluted earnings per share		425,784		425,784

(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		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Net loss attributable to Net1	$ (3,327)	$ (6,204)	$ (28,727)	$ (39,696)
Undistributed loss	$ (3,327)	$ (6,204)	$ (28,727)	$ (39,696)
Percent allocated to common shareholders (Calculation 1)	98.00%	99.00%	99.00%	99.00%
Numerator loss per share: basic and diluted	$ (3,262)	$ (6,172)	$ (28,299)	$ (39,300)
Denominator for basic (loss) earnings per share: weighted-average common shares outstanding	56,660,000	56,352,000	56,467,000	56,236,000
Stock options	0	275,000	0	92,000
Denominator for diluted (loss) earnings per share: adjusted weighted average common shares outstanding and assuming conversion	56,660,000	56,627,000	56,467,000	56,328,000
Loss per share: Basic	$ (0.06)	$ (0.11)	$ (0.50)	$ (0.70)
Loss per share: Diluted	$ (0.06)	$ (0.11)	$ (0.50)	$ (0.70)
Basic weighted-average common shares outstanding (A)	56,660,000	56,352,000	56,467,000	56,236,000
Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B)	57,791	56,646	57,322	56,803

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Schedule Of Supplemental Cash Flow Disclosures) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Supplemental Cash Flow Information [Abstract]
Cash received from interest	$ 756	$ 537	$ 1,444	$ 1,746
Cash paid for interest	788	707	2,468	2,251
Cash paid for income taxes	$ 181	$ 211	$ 471	$ 16,382

Supplemental Cash Flow Inform_4

Supplemental Cash Flow Information (Disaggregation Of Cash, Cash Equivalents And Restricted Cash) (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020	Jun. 30, 2020
Supplemental Cash Flow Information [Abstract]
Cash and cash equivalents	$ 183,712		$ 198,572	$ 207,814
Restricted cash	56,336		25,193	19,016
Cash, cash equivalents and restricted cash	$ 240,048	$ 240,144	$ 223,765	$ 226,830	$ 267,054	$ 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		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Supplemental Cash Flow Information [Abstract]
Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases	$ 902	$ 1,061	$ 2,665	$ 2,940
Right-of-use assets obtained in exchange for lease obligations: Operating leases	$ 290	$ 796	$ 1,308	$ 2,497

Revenue Recognition (Revenue Di

Revenue Recognition (Revenue Disaggregated By Major Revenue Streams) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Disaggregation of Revenue [Line Items]
Revenues	$ 35,202	$ 28,828	$ 100,820	$ 96,269
Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	16,429	16,236	50,232	47,867
Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	18,376	12,171	49,368	45,547
All Others [Member]
Disaggregation of Revenue [Line Items]
Revenues	397	421	1,220	2,855
Processing Fees [Member]
Disaggregation of Revenue [Line Items]
Revenues	15,608	14,410	48,388	46,669
Processing Fees [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	7,075	7,179	22,535	23,318
Processing Fees [Member] | Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	8,136	6,810	24,633	20,496
Processing Fees [Member] | All Others [Member]
Disaggregation of Revenue [Line Items]
Revenues	397	421	1,220	2,855
Telecom Products And Services [Member]
Disaggregation of Revenue [Line Items]
Revenues	1,862	2,945	6,169	10,515
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	1,862	2,945	6,169	10,515
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	1,434	1,414	4,255	3,870
Account Holder Fees [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	1,434	1,414	4,255	3,870
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	5,614	5,474	16,171	14,962
Lending Revenue [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	5,614	5,474	16,171	14,962
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	7,917	2,266	16,103	13,881
Technology Products [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	40	87	252	158
Technology Products [Member] | Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	7,877	2,179	15,851	13,723
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	2,169	1,709	6,396	4,779
Insurance Revenue [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	2,169	1,709	6,396	4,779
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	598	610	3,338	1,593
Other [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	97	373	623	780
Other [Member] | Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	501	237	2,715	813
Other [Member] | All Others [Member]
Disaggregation of Revenue [Line Items]
Revenues	0	0	0	0
South Africa [Member]
Disaggregation of Revenue [Line Items]
Revenues	34,805	28,407	99,600	93,414
South Africa [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	16,429	16,236	50,232	47,867
South Africa [Member] | Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	18,376	12,171	49,368	45,547
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	15,211	13,989	47,168	43,814
South Africa [Member] | Processing Fees [Member] | Consumer [Member]
Disaggregation of Revenue [Line Items]
Revenues	7,075	7,179	22,535	23,318
South Africa [Member] | Processing Fees [Member] | Merchant [Member]
Disaggregation of Revenue [Line Items]
Revenues	8,136	6,810	24,633	20,496
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	397	421	1,220	2,855
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	397	421	1,220	2,855
Rest Of World [Member] | Processing Fees [Member]
Disaggregation of Revenue [Line Items]
Revenues	397	421	1,220	2,855
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	$ 397	$ 421	$ 1,220	$ 2,855

Leases (Narrative) (Details)

Leases (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Operating lease expense	$ 0.9	$ 1.1	$ 2.7	$ 2.9
Short-term Lease [Member]
Operating lease expense	$ 1.3	$ 1	$ 3.9	$ 3.1
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)	Mar. 31, 2022	Jun. 30, 2021
Leases [Abstract]
Weighted average remaining lease term (years)	3 years	3 years 11 months 8 days
Weighted average discount rate	9.30%	9.30%

Leases (Maturities Of Operating

Leases (Maturities Of Operating Lease Liability) (Details) $ in Thousands	Mar. 31, 2022USD ($)
Lessee, Operating Lease, Liability, Payment, Due [Abstract]
2022 (excluding nine months to March 31, 2022)	$ 917
2023	1,832
2024	861
2025	260
2026	0
Thereafter	0
Total undiscounted operating lease liabilities	3,870
Less imputed interest	293
Total operating lease liabilities, included in	3,577
Operating lease liability - current	2,232
Operating lease liability - long-term	$ 1,345

Leases (Maturities Of Operati_2

Leases (Maturities Of Operating Lease Liability) (Alternate) (Details) $ in Thousands	Mar. 31, 2022USD ($)
Leases [Abstract]
Lessee, Operating Lease, Liability, Payments, Due	$ 3,870
Total operating lease liabilities, included in	3,577
Less imputed interest	$ 293

Operating Segments (Reconciliat

Operating Segments (Reconciliation Of Reportable Segments Revenue) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2022	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	$ 35,202	$ 28,828	$ 100,820	$ 96,269
Consumer [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	16,429	16,236	50,232	47,867
Merchant [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	18,376	12,171	49,368	45,547
Other [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	397	421	1,220	2,855
Reportable Segment [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	35,304	28,828	101,104	96,345
Reportable Segment [Member] | Consumer [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	16,429	16,236	50,232	47,867
Reportable Segment [Member] | Merchant [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	18,478	12,171	49,652	45,623
Reportable Segment [Member] | Other [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	397	421	1,220	2,855
Inter-Segment [Member]
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenues	(102)	0	(284)	(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	(102)	0	(284)	(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			9 Months Ended
	Mar. 31, 2022	Dec. 31, 2021	Mar. 31, 2021	Mar. 31, 2022	Mar. 31, 2021
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating loss	$ (9,421)		$ (14,292)	$ (30,073)	$ (40,272)
Depreciation and amortization	463		1,132	2,084	3,129
Change in fair value of equity securities	0		10,814	0	25,942
Gain related to fair value adjustment to currency options	6,120	$ (2,400)	0	3,691	0
Gain on disposal of equity securities	720		0	720	0
Loss on disposal of equity-accounted investments	(346)		0	(346)	(13)
Loss on disposal of equity-accounted investment	0		(472)	0	(472)
Interest income	761		606	1,463	1,934
Interest expense	(691)		(744)	(2,272)	(2,168)
Loss before income taxes expense (benefit)	(2,857)		(4,088)	(26,817)	(15,049)
Lease Adjustments [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating loss	890		1,104	2,647	2,991
Reportable Segment [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating loss	(5,508)		(10,652)	(16,567)	(25,209)
Depreciation and amortization	446		1,040	2,033	2,868
Corporate/Eliminations [Member]
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Operating loss	(2,560)		(1,404)	(8,775)	(8,943)
Depreciation and amortization	$ (17)		$ (92)	$ (51)	$ (261)

Operating Segments (Summary Of

Operating Segments (Summary Of Segment Information) (Details) $ in Thousands, R in Millions	3 Months Ended			9 Months Ended
	Mar. 31, 2022USD ($)	Mar. 31, 2022ZAR (R)	Mar. 31, 2021USD ($)	Mar. 31, 2022USD ($)	Mar. 31, 2022ZAR (R)	Mar. 31, 2021USD ($)
Segment Reporting Information [Line Items]
Revenues	$ 35,202		$ 28,828	$ 100,820		$ 96,269
Operating (loss) income	(9,421)		(14,292)	(30,073)		(40,272)
Depreciation and amortization	463		1,132	2,084		3,129
Expenditures for long-lived assets	834		649	1,721		3,947
Reorganization costs	6,700	R 103.4		6,700	R 103.4
Segment Adjusted EBITDA [Member]
Segment Reporting Information [Line Items]
Operating (loss) income	(8,068)		(12,056)	(25,342)		(34,152)
Lease Adjustments [Member]
Segment Reporting Information [Line Items]
Operating (loss) income	890		1,104	2,647		2,991
Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues	35,304		28,828	101,104		96,345
Operating (loss) income	(5,508)		(10,652)	(16,567)		(25,209)
Depreciation and amortization	446		1,040	2,033		2,868
Expenditures for long-lived assets	834		649	1,721		3,947
Corporate/Eliminations [Member]
Segment Reporting Information [Line Items]
Operating (loss) income	(2,560)		(1,404)	(8,775)		(8,943)
Depreciation and amortization	(17)		(92)	(51)		(261)
Expenditures for long-lived assets	0		0	0		0
Consumer [Member]
Segment Reporting Information [Line Items]
Revenues	16,429		16,236	50,232		47,867
Consumer [Member] | Segment Adjusted EBITDA [Member]
Segment Reporting Information [Line Items]
Reorganization costs	5,900			5,900
Consumer [Member] | Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues	16,429		16,236	50,232		47,867
Operating (loss) income	(6,866)		(7,610)	(20,871)		(19,395)
Depreciation and amortization	226		798	1,377		2,275
Expenditures for long-lived assets	713		99	1,523		3,343
Merchant [Member]
Segment Reporting Information [Line Items]
Revenues	18,376		12,171	49,368		45,547
Merchant [Member] | Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues	18,478		12,171	49,652		45,623
Operating (loss) income	1,271		273	3,951		4,471
Depreciation and amortization	207		176	613		487
Expenditures for long-lived assets	120		550	196		581
Other [Member]
Segment Reporting Information [Line Items]
Revenues	397		421	1,220		2,855
Other [Member] | Reportable Segment [Member]
Segment Reporting Information [Line Items]
Revenues	397		421	1,220		2,855
Operating (loss) income	87		(3,315)	353		(10,285)
Depreciation and amortization	13		66	43		106
Expenditures for long-lived assets	$ 1		$ 0	$ 2		$ 23

Income Tax (Narrative) (Details

Income Tax (Narrative) (Details) - USD ($)	Jul. 01, 2022	Mar. 31, 2022
Valuation Allowance [Line Items]
Unrecognized tax benefit		$ 0
South Africa [Member]
Valuation Allowance [Line Items]
Corporate rate		28.00%
South Africa [Member] | Scenario Forecast [Member]
Valuation Allowance [Line Items]
Corporate rate	27.00%

Commitments And Contingencies (

Commitments And Contingencies (Narrative) (Details) - 3 months ended Mar. 31, 2022 - Nedbank [Member] - Guarantee [Member] R in Millions, $ in Millions	USD ($)	ZAR (R)
Guarantor Obligations [Line Items]
Guarantee amount	$ 10.7	R 155.1
Maximum payment amount under guarantee	$ 10.7	R 155.1
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) R / shares in Units, $ / shares in Units, R in Thousands, $ in Thousands	Apr. 14, 2022USD ($)shares	Apr. 14, 2022ZAR (R)R / sharesshares	Mar. 22, 2022ZAR (R)	Apr. 30, 2022ZAR (R)	Mar. 31, 2022ZAR (R)	Mar. 31, 2022ZAR (R)	Mar. 31, 2023ZAR (R)	Apr. 14, 2022$ / shares	Mar. 31, 2022USD ($)	Mar. 31, 2022ZAR (R)
Subsequent Event [Line Items]
Maximum borrowing capacity | $									$ 124,140
Maximum Required Total Assets For Covenants										R 300,000
Minimum Support Benchmark For Loan Covenants										350,000
Maximum Required Total Assets For Covenants Reduction Amount					R 80,000
CCMS Facilities Agreement [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity										1,300,000
CCMS Facilities Agreement [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Non-Refundable deal origination fee				R 4,800
Utilized		R 211,000
Facility A Loan [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity										700,000
Facility B Loan [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity										350,000
General Banking Facility [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity										205,000
Maximum [Member]
Subsequent Event [Line Items]
Maximum Required Total Assets For Covenants										300,000
Minimum [Member]
Subsequent Event [Line Items]
Maximum Required Total Assets For Covenants										220,000
Sale Agreement [Member] | Subsequent Event [Member] | Restricted Stock [Member]
Subsequent Event [Line Items]
Share based compensation number of stock awarded | shares	1,250,486	1,250,486
Equalization Mechanism, Return Per Share | $ / shares								$ 7.50
Maximum Conversion Rate Of Shares	50.00%	50.00%
Scenario Forecast [Member] | General Banking Facility [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity							R 125,000
Debt Scenario 1 [Member] | CCMS Facilities Agreement [Member] | JIBAR [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Debt instrument variable interest rate	4.00%	4.00%
Debt Scenario 1 [Member] | Minimum [Member] | CCMS Facilities Agreement [Member] | JIBAR [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Leverage ratio	3.50%	3.50%
Debt Scenario 2 [Member] | CCMS Facilities Agreement [Member] | JIBAR [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Debt instrument variable interest rate	3.75%	3.75%
Debt Scenario 2 [Member] | Maximum [Member] | CCMS Facilities Agreement [Member] | JIBAR [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Leverage ratio	3.50%	3.50%
Debt Scenario 2 [Member] | Minimum [Member] | CCMS Facilities Agreement [Member] | JIBAR [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Leverage ratio	2.50%	2.50%
Debt Scenario 3 [Member] | CCMS Facilities Agreement [Member] | JIBAR [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Debt instrument variable interest rate	3.40%	3.40%
Debt Scenario 3 [Member] | Maximum [Member] | CCMS Facilities Agreement [Member] | JIBAR [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Leverage ratio	2.50%	2.50%
Connect Group [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Business combination consideration transferred amount	$ 262,000	R 3,800,000
Cash Paid	238,200	3,500,000
Shares issued in business combination	$ 23,900	R 350,000
Business acquisition number of issuable number of shares | shares	3,185,079	3,185,079
Denominator for calculation for business acquisition, per share | R / shares		R 7.50
Exchange rate		0.068
Connect Group [Member] | Maximum [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
ESOP equal to value of company issued shares, percent	5.00%	5.00%
Connect Group [Member] | Minimum [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
ESOP equal to value of company issued shares, percent	3.00%	3.00%
VCP Agreement [Member]
Subsequent Event [Line Items]
Market Capitalization, Benchmark Amount			R 2,600,000
Commitment Fee Amount			5,250
RMB [Member] | Facility G [Member]
Subsequent Event [Line Items]
Non-Refundable deal origination fee					R 11,250
RMB [Member] | Facility H [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity										350,000
Non-Refundable deal origination fee						R 5,250
Debt Instrument Term						18 months
Benchmark amount for capitalization option										R 3,250,000
Asset cover ratio									5	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 768,975
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										250,000
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										450,000
RMB [Member] | After 9 Months, Scenario 2 [Member] | Minimum [Member] | Facility G [Member]
Subsequent Event [Line Items]
Outstanding amount										250,000
RMB [Member] | After 9 Months, Scenario 3 [Member] | Facility G [Member] | JIBAR [Member]
Subsequent Event [Line Items]
Debt instrument variable interest rate					3.50%
Possible increase in variable basis spread						2.00%
RMB [Member] | After 9 Months, Scenario 3 [Member] | Minimum [Member] | Facility G [Member]
Subsequent Event [Line Items]
Outstanding amount										R 450,000
RMB [Member] | Connect Group [Member] | Sale Agreement [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity		R 2,350,000
RMB [Member] | Connect Group [Member] | Sale Agreement [Member] | Financing Agreements 1 [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity		1,100,000
RMB [Member] | Connect Group [Member] | Sale Agreement [Member] | Financing Agreements CCMS-RMB [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity		1,250,000
RMB [Member] | Connect Group [Member] | Sale Agreement [Member] | CCMS New Debt [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity		R 250,000
Common Stock [Member] | VCP Agreement [Member]
Subsequent Event [Line Items]
Value Of Shares Obligated To Issue From Agreement			R 350,000

Subsequent Events (Summary Of P

Subsequent Events (Summary Of Payments Maturities) (Details) R in Thousands	Mar. 31, 2022ZAR (R)
Facility A Loan [Member]
Subsequent Event [Line Items]
Total facility	R 700,000
March 31, 2023	0
March 31, 2024	0
March 31, 2025	0
March 31, 2026	0
March 31, 2027	(137,500)
March 31, 2028	(562,500)
Facility B Loan [Member]
Subsequent Event [Line Items]
Total facility	350,000
March 31, 2023	(56,250)
March 31, 2024	(75,000)
March 31, 2025	(93,750)
March 31, 2026	(118,750)
March 31, 2027	(6,250)
March 31, 2028	R 0