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