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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 $5.9 million (refer also Note 1).