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Accumulated Other Comprehensive Loss
9 Months Ended
Mar. 31, 2025
Accumulated Other Comprehensive Loss [Abstract]  
Accumulated Other Comprehensive Loss
12.
 
Accumulated other comprehensive loss
The table
 
below presents
 
the change
 
in accumulated
 
other comprehensive
 
loss per
 
component
 
during the
 
three months
 
ended
March 31, 2025:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended
March 31, 2025
Accumulated
foreign
currency
translation
reserve
Total
Balance as of January 1, 2025
$
(199,969)
$
(199,969)
Movement in foreign currency translation reserve
 
6,170
6,170
Balance as of March 31, 2025
$
(193,799)
$
(193,799)
The table
 
below presents
 
the change
 
in accumulated
 
other comprehensive
 
loss per
 
component during
 
the three
 
months ended
March 31, 2024:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended
March 31, 2024
Accumulated
foreign
currency
translation
reserve
Total
Balance as of January 1, 2024
$
(189,378)
$
(189,378)
Movement in foreign currency translation reserve
(5,718)
(5,718)
Balance as of March 31, 2024
$
(195,096)
$
(195,096)
12.
 
Accumulated other comprehensive loss (continued)
The
 
table below
 
presents
 
the change
 
in
 
accumulated
 
other comprehensive
 
loss per
 
component
 
during
 
the
 
nine
 
months
 
ended
March 31, 2025:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Nine months ended
March 31, 2025
Accumulated
foreign
currency
translation
reserve
Total
Balance as of July 1, 2024
$
(188,355)
$
(188,355)
Release of foreign currency translation reserve related to liquidation
 
of subsidiaries
6
6
Movement in foreign currency translation reserve
 
(5,450)
(5,450)
Balance as of March 31, 2025
$
(193,799)
$
(193,799)
The table
 
below
 
presents the
 
change
 
in accumulated
 
other comprehensive
 
loss per
 
component
 
during
 
the
 
nine
 
months ended
March 31, 2024:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
a
Nine months ended
March 31, 2024
Accumulated
foreign
currency
translation
reserve
Total
Balance as of July 1, 2023
$
(195,726)
$
(195,726)
Release of foreign currency translation reserve related to disposal of Finbond
 
equity securities
1,543
1,543
Movement in foreign currency translation reserve related to equity
 
-accounted investment
489
489
Movement in foreign currency translation reserve related to liquidation
 
of subsidiaries
(952)
(952)
Movement in foreign currency translation reserve
 
(450)
(450)
Balance as of March 31, 2024
$
(195,096)
$
(195,096)
The movement in the
 
foreign currency translation reserve represents
 
the impact of translation of
 
consolidated entities which have
a functional currency (which is primarily ZAR) to the Company’s
 
reporting currency, which is USD.
There were
no
 
reclassifications from accumulated other comprehensive loss to net loss during the
 
three months ended March 31,
2025 and 2024. During the
 
nine months ended March
 
31, 2025, the Company reclassified
 
a loss of $
0.006
 
million from accumulated
other comprehensive loss
 
(accumulated foreign currency translation
 
reserve) to net
 
loss related to
 
the liquidation of
 
subsidiaries During
the nine months ended March
 
31, 2024, the Company
 
reclassified losses of $
1.5
 
million from accumulated other comprehensive
 
loss
(accumulated
 
foreign
 
currency
 
translation
 
reserve)
 
to
 
net
 
loss
 
related
 
to
 
the
 
disposal
 
of
 
shares
 
in
 
Finbond
 
(refer
 
to
 
Note
 
6).
 
The
Company
 
also
 
reclassified
 
a
 
gain
 
of
 
$
1.0
 
million
 
from
 
accumulated
 
other
 
comprehensive
 
loss
 
(accumulated
 
foreign
 
currency
translation reserve) to net loss related to the liquidation of subsidiaries.