Basis Of Presentation And Summary Of Significant Accounting Policies (Tables)

9 Months Ended

Mar. 31, 2020

Basis Of Presentation And Summary Of Significant Accounting Policies [Abstract]

Impact Of The Restatement On Financial Statements

	Condensed consolidated balance sheet
	June 30, 2019
	As reported		Correction		As restated
	(in thousands)
Accumulated other comprehensive loss	$	(199 273)	$	3 227	$	(196 046)
Retained earnings	$	528 576	$	(3 227)	$	525 349

		Unaudited condensed consolidated statement of operations
		Three months ended March 31, 2019						Nine months ended March 31, 2019
		As reported		Correction		As restated		As reported		Correction		As restated
		(in thousands, except per share data)						(in thousands, except per share data)
Loss on disposal of discontinued operation, net of tax		$	5 140	$	4 035	$	9 175	$	5 140	$	4 035	$	9 175
Net loss			55 512		4 035		59 547		121 585		4 035		125 620
Net (loss) income attributable to Net1			(54 784)		(4 035)		(58 819)		(123 924)		(4 035)		(127 959)
	Continuing		(51 050)		-		(51 050)		(127 441)		-		(127 441)
	Discontinued	$	(3 734)	$	(4 035)	$	(7 769)	$	3 517	$	(4 035)	$	(518)
Basic (loss) income per share attributable to Net1 shareholders		$	(0,96)	$	(0,07)	$	(1,03)	$	(2,18)	$	(0,07)	$	(2,25)
	Continuing	$	(0,90)	$	-	$	(0,90)	$	(2,24)	$	-	$	(2,24)
	Discontinued	$	(0,06)	$	(0,07)	$	(0,13)	$	0,06	$	(0,07)	$	(0,01)
Diluted (loss) income per share attributable to Net1 shareholders		$	(0,96)	$	(0,07)	$	(1,03)	$	(2,18)	$	(0,07)	$	(2,25)
	Continuing	$	(0,90)	$	-	$	(0,90)	$	(2,24)	$	-	$	(2,24)
	Discontinued	$	(0,06)	$	(0,07)	$	(0,13)	$	0,06	$	(0,07)	$	(0,01)

	Unaudited condensed consolidated statement of comprehensive (loss) income
	Three months ended March 31, 2019						Nine months ended March 31, 2019
	As reported		Correction		As restated		As reported		Correction		As restated
	(in thousands)						(in thousands)
Net loss	$	55 512	$	4 035	$	59 547	$	121 585	$	4 035	$	125 620
Release of foreign currency translation reserve related to disposal of DNI		1 806		4 035		5 841		1 806		4 035		5 841
Total other comprehensive income (loss), net of taxes	$	(6 545)	$	4 035	$	(2 510)	$	(24 790)	$	4 035	$	(20 755)

	Unaudited condensed consolidated statement of changes in equity
	Three months ended March 31, 2020				Nine months ended March 31, 2020
	As reported		As restated		As reported		As restated
	(in thousands)				(in thousands)
As reported – beginning of period	$	523 979	$	(194 439)	$	528 576	$	(199 273)
Correction of misstatement		(3 227)		3 227		(3 227)		3 227
As restated – beginning of period	$	520 752	$	(191 212)	$	525 349	$	(196 046)

	Unaudited condensed consolidated statement of cash flows
	Three months ended March 31, 2019						Nine months ended March 31, 2019
	As reported		Correction		As restated		As reported		Correction		As restated
	(in thousands)						(in thousands)
Net loss	$	55 512	$	4 035	$	59 547	$	121 585	$	4 035	$	125 620
Loss on disposal of discontinued operation, net of tax	$	5 140	$	4 035	$	9 175	$	5 140	$	4 035	$	9 175