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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Mar. 31, 2025
Mar. 31, 2024
Revenues: $ 75,427 $ 67,897 $ 219,985 $ 195,939
Costs of sales (exclusive of certain depreciation and amortization): 44,066 40,990 129,053 120,388
Operating expenses:        
Sales and marketing 5,830 5,747 16,663 14,256
Technology and product development 4,328 4,916 13,351 12,115
General and administrative 8,471 8,552 31,638 29,493
Integration and acquisition (benefits) expenses (534) 907 (293) 1,078
Depreciation and amortization 6,367 2,493 12,405 7,976
Total operating expenses 24,462 22,615 73,764 64,918
Operating income 6,899 4,292 17,168 10,633
Other income (expense):        
Interest income 368 495 1,213 1,505
Interest (expense) income, net on debt and tax liabilities (39) 162 (2,023) (1,947)
Other income (expense), net 24 (209) 12 (158)
Total other income (expense), net 353 448 (798) (600)
Income before income taxes 7,252 4,740 16,370 10,033
Benefit from (provision for) income taxes 41,904 (84) 41,332 (246)
Net income 49,156 4,656 57,702 9,787
Preferred dividends (289) (289) (578) (578)
Net income applicable to common shares 48,867 4,367 57,124 9,209
Net income applicable to common shares $ 48,867 $ 4,367 $ 57,124 $ 9,209
Net earnings per common share        
Basic (in dollars per share) $ 0.67 $ 0.06 $ 0.78 $ 0.13
Diluted (in dollars per share) $ 0.65 $ 0.06 $ 0.77 $ 0.12
Subscription and transaction fees        
Revenues: $ 65,179 $ 59,207 $ 194,056 $ 170,371
Costs of sales (exclusive of certain depreciation and amortization): 35,082 32,926 105,979 96,539
Equipment sales        
Revenues: 10,248 8,690 25,929 25,568
Costs of sales (exclusive of certain depreciation and amortization): $ 8,984 $ 8,064 $ 23,074 $ 23,849