| 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, 2026:
Three months ended March 31, 2026 Accumulated foreign currency translation reserve Total Balance as of January 1, 2026 $ (168,308) $ (168,308) Movement in foreign currency translation reserve related to disposal of subsidiary (494) (494) Movement in foreign currency translation reserve (7,669) (7,669) Balance as of March 31, 2026 $ (176,471) $ (176,471) 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 (A) $ (199,720) $ (199,720) Movement in foreign currency translation reserve (A) 6,086 6,086 Balance as of March 31, 2025 (A) $ (193,634) $ (193,634) 12. Accumulated other comprehensive loss (continued) (A) Accumulated other comprehensive loss and Total as of January 1, 2025, have each decreased by $ 0.2 the correction discussed in Note 1. Accumulated other comprehensive loss and Total for the three months ended March 31, 2025, have 0.08 million as a result of the correction discussed in Note 1 to the amount included in the caption Movement in foreign currency translation reserve. Accumulated other comprehensive loss and Total as of March 31, 2025, have each increased by $ 0.3 million as a result of the correction discussed in Note 1. The table below presents the change in accumulated other comprehensive loss per component during the nine months ended March 31, 2026:
Nine months ended March 31, 2026 Accumulated foreign currency translation reserve Total Balance as of July 1, 2025 (A) $ (185,626) $ (185,626) Release of foreign currency translation reserve related to impairment of equity -accounted investment 550 550 Release of foreign currency translation reserve related to liquidation of subsidiaries (516) (516) Movement in foreign currency translation reserve (A) 9,121 9,121 Balance as of March 31, 2026 (A) $ (176,471) $ (176,471) (A) Accumulated other comprehensive loss and Total as of July 1, 2025, have each decreased by $ 0.04 million as a result of the correction discussed in Note 1. Accumulated other comprehensive loss and Total for the nine months ended March 31, 2026, have 0.1 million as a result of the correction, as discussed in Note 1, to the amount included in the caption Movement in foreign currency translation reserve for the three months ended September 30, 2025. Accumulated other comprehensive loss and Total as of March 31, 2026, have each increased by $ 0.1 million as a result of the correction discussed in Note 1. The table below presents the change in accumulated other comprehensive loss per component during the nine months ended March 31, 2025:
a Nine months ended March 31, 2025 Accumulated foreign currency translation reserve Total Balance as of July 1, 2024 (A) $ (188,227) $ (188,227) Movement in foreign currency translation reserve related to liquidation of subsidiaries 6 6 Movement in foreign currency translation reserve (A) (5,413) (5,413) Balance as of March 31, 2025 (A) $ (193,634) $ (193,634) (A) Accumulated other comprehensive loss and Total as of July 1, 2024, have each increased by $ 0.1 million as a result of the correction discussed in Note 1. Accumulated other comprehensive loss and Total for the nine months ended March 31, 2025, have 0.04 million as a result of the correction discussed in Note 1 to the amount included in the caption Movement in foreign currency translation reserve. Accumulated other comprehensive loss and Total as of March 31, 2025, have each increased by $ 0.09 million as a result of the correction discussed in Note 1. 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. 12. Accumulated other comprehensive loss (continued) During the three months ended March 31, 2026, the Company reclassified a gain of $ 0.5 million from accumulated other comprehensive loss (accumulated foreign currency translation reserve) to net loss related to the liquidation of a subsidiary. There were no reclassifications from accumulated other comprehensive loss to net loss during the three months ended March 31, 2025. During the nine months ended March 31, 2026, the Company reclassified losses of $ 0.6 million from accumulated other comprehensive loss (accumulated foreign currency translation reserve) to net loss related to the impairment on liquidation of an equity- accounted investment. During the nine months ended March 31, 2026, the Company reclassified an aggregate gain of $ 0.5 from accumulated other comprehensive loss (accumulated foreign currency translation reserve) to net loss related to the disposal of a subsidiary and the liquidation of a subsidiary. 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. |