Revenue

9 Months Ended

Mar. 31, 2024

Revenue From Contract With Customer [Abstract]

Revenue

3. Revenue

Disaggregation of Revenue

The following table presents the Company’s net revenue disaggregated by vertical (in thousands):

	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2024		2023		2024		2023
Net revenue:
Financial Services	$	112,250	$	120,219	$	255,708	$	304,520
Home Services		53,908		50,289		152,636		139,997
Other Revenue		2,429		2,163		6,849		5,795
Total net revenue	$	168,587	$	172,671	$	415,193	$	450,312

Contract Balances

The following table provides information about contract liabilities from the Company’s contracts with its clients (in thousands):

	March 31,		June 30,
	2024		2023
Deferred revenue	$	185	$	9
Client deposits		1,025		1,213
Total	$	1,210	$	1,222

The Company’s contract liabilities result from payments received in advance of revenue recognition and advance consideration received from clients, which precede the Company’s satisfaction of the associated performance obligation. The changes in the liability balances during the nine months ended March 31, 2024 related to advance consideration received from clients of $11.1 million, offset by revenue recognized of $11.3 million.