Borrowings (Tables)

6 Months Ended

Dec. 31, 2024

Borrowings [Abstract]

Summary Of Short-Term Credit Facilities

RMB

RMB

RMB

RMB

Nedbank

Facility E

Bridge

Indirect

Connect

Facilities

Total

Short-term facilities available as of

December 31, 2024

$

-

$

48,594

$

7,170

$

14,339

$

8,314

$

78,417

Overdraft 

-

48,594

-

14,339

-

62,933

Indirect and derivative facilities 

-

-

7,170

-

8,314

15,484

Movement in utilized overdraft

facilities: 

Restricted as to use for ATM

funding only

6,737

-

-

-

-

6,737

No restrictions as to use 

-

-

-

9,351

-

9,351

Balance as of June 30, 2024

6,737

-

-

9,351

-

16,088

Utilized 

23,893

43,200

-

5,655

-

72,748

Repaid

(31,028)

-

-

(3,374)

-

(34,402)

Guarantee fee paid

-

(431)

-

-

-

(431)

Foreign currency

adjustment

(1)

398

(2,683)

-

(566)

-

(2,851)

Balance as of December 31, 2024

-

40,086

-

11,066

-

51,152

No restrictions as to use 

$

-

$

40,086

$

-

$

11,066

$

-

$

51,152

Interest rate as of December 31,

2024 (%)

(2)

N/A

13.05

N/A

11.15

N/A

Movement in utilized indirect and

derivative facilities:

Balance as of June 30, 2024

$

-

$

-

$

1,821

$

-

$

116

$

1,937

Foreign currency adjustment

(1)

-

-

(63)

-

(4)

(67)

Balance as of December 31, 2024

$

-

$

-

$

1,758

$

-

$

112

$

1,870

(1) Represents the effects of the fluctuations between the ZAR and the U.S. dollar.

(2) Facility E interest was set at prime, RMB Bridge at prime plus

1.8

% and the Connect facility at prime less

0.10

%.

Summary Of Long-Term Borrowings

Facilities

Lesaka

RMB 

G & H

Connect

RMB 

A&B

CCC 

RMB

Connect

Wesbank

Asset

backed

Total

Included in current

$

-

$

-

$

-

$

3,878

$

3,878

Included in long-term

56,151

66,815

11,841

4,501

139,308

Opening balance as of June 30, 2024

56,151

66,815

11,841

8,379

143,186

Facilities utilized

11,022

-

559

2,096

13,677

Facilities repaid

(3,911)

-

(554)

(2,117)

(6,582)

Non-refundable fees amortized

88

24

21

-

133

Capitalized interest

3,735

-

-

-

3,735

Capitalized interest repaid

(95)

-

-

-

(95)

Foreign currency adjustment

(1)

(2,374)

(2,302)

(414)

(307)

(5,397)

Closing balance as of December 31, 2024

64,616

64,537

11,453

8,051

148,657

Included in current

64,616

-

-

3,684

68,300

Included in long-term

-

64,537

11,453

4,367

80,357

Unamortized fees

-

(149)

-

-

(149)

Due within 2 years

-

4,978

-

2,873

7,851

Due within 3 years

-

7,634

11,453

1,119

20,206

Due within 4 years

-

52,074

-

333

52,407

Due within 5 years

$

-

$

-

$

-

$

42

$

42

Interest rates as of December 31, 2024 (%):

12.50

11.50

12.15

12.00

Base rate (%)

7.75

7.75

11.25

11.25

Margin (%)

4.75

3.75

0.90

0.75

Footnote number

(2)

(3)

(4)

(5)

(1) Represents the effects of the fluctuations between the ZAR and the U.S. dollar.

(2) Interest on Facility G and Facility H is based on the JIBAR in effect from time to time plus a margin, which margin is

calculated as: (i)

5.50

% if the Look Through Leverage (“LTL”) ratio is greater than 3.50x; (ii)

4.75

% if the LTL ratio is less than

3.50x but greater than 2.75x; (iii)

3.75

% if the LTL ratio is less than 2.75x but greater than 1.75x; or (iv)

2.50

% if the LTL ratio is less

than 1.75x. The LTL ratio is expressed as times (“x”), and was introduced to calculate the margin used in the determination of the

interest rate. The LTL ratio is calculated as the Total Attributable Net Debt to the Total Attributable EBITDA, as defined in the

Company’s borrowing arrangements with RMB, for the measurement period ending on a specified date. 

(3) Interest on Facility A and Facility B is calculated based on JIBAR plus a margin, which margin is calculated as (i)

4.00

% if

the Leverage Ratio (“LR”) is greater than 3.50x; (ii)

3.75

% if the LR is less than 3.50x but greater than 2.50x; (iii)

3.40

% if the LTL

ratio is less than 2.50x.

(4) Interest is charged at prime plus

0.90

% per annum on the utilized balance.

(5) Interest is charged at prime plus

0.75

% per annum on the utilized balance.