v3.26.1
Revenue Recognition
9 Months Ended
Mar. 31, 2026
Revenue Recognition [Abstract]  
Revenue Recognition
16.
Revenue recognition
Disaggregation of revenue
The
following
table
presents
the
Company’s
revenue
disaggregated
by
major
revenue
streams,
including
a
reconciliation
to
reportable segments for the three months ended March 31, 2026:
Merchant
Consumer
Enterprise
Total
Processing fees
$
37,406
$
10,670
$
11,298
$
59,374
South Africa
35,574
10,670
11,298
57,542
Rest of Africa
1,832
-
-
1,832
Technology
products
5,968
45
1,439
7,452
South Africa
5,906
45
1,439
7,390
Rest of Africa
62
-
-
62
Prepaid airtime sold
79,508
55
5,224
84,787
South Africa
70,972
55
5,224
76,251
Rest of Africa
8,536
-
-
8,536
Account holder fees
-
2,432
-
2,432
Other
1,093
239
495
1,827
South Africa
867
239
495
1,601
Rest of Africa
226
-
-
226
Total revenue under
ASC 606, derived from the
following geographic locations
123,975
13,441
18,456
155,872
South Africa
113,319
13,441
18,456
145,216
Rest of Africa
10,656
-
-
10,656
Lending revenue
-
8,339
-
8,339
Interest from customers
2,297
7,491
-
9,788
Insurance revenue
-
9,052
-
9,052
Total non-ASC 606
revenue
2,297
24,882
-
27,179
Revenue
$
126,272
$
38,323
$
18,456
$
183,051
The
following
table
presents
the
Company’s
revenue
disaggregated
by
major
revenue
streams,
including
a
reconciliation
to
reportable segments for the three months ended March 31, 2025:
Merchant
Consumer
Enterprise
Total
Processing fees
$
32,553
$
7,583
$
6,581
$
46,717
South Africa
30,795
7,583
6,581
44,959
Rest of Africa
1,758
-
-
1,758
Technology
products
5,863
29
971
6,863
South Africa
5,790
29
971
6,790
Rest of Africa
73
-
-
73
Prepaid airtime sold
87,010
26
1,556
88,592
South Africa
80,340
26
1,556
81,922
Rest of Africa
6,670
-
-
6,670
Account holder fees
-
1,791
-
1,791
Other
998
850
29
1,877
South Africa
944
850
29
1,823
Rest of Africa
54
-
-
54
Total revenue under
ASC 606, derived from the
following geographic locations
126,424
10,279
9,137
145,840
South Africa
117,869
10,279
9,137
137,285
Rest of Africa
8,555
-
-
8,555
Lending revenue
-
8,143
-
8,143
Interest from customers
1,793
504
-
2,297
Insurance revenue
-
5,170
-
5,170
Total non-ASC 606
revenue
1,793
13,817
-
15,610
Revenue
$
128,217
$
24,096
$
9,137
$
161,450
16.
Revenue recognition (continued)
Disaggregation of revenue (continued)
The
following
table
presents
the
Company’s
revenue
disaggregated
by
major
revenue
streams,
including
a
reconciliation
to
reportable segments for the nine months ended March 31, 2026:
Merchant
Consumer
Enterprise
Total
Processing fees
$
109,420
$
30,093
$
34,899
$
174,412
South Africa
103,440
30,093
34,899
168,432
Rest of Africa
5,980
-
-
5,980
Technology
products
21,128
210
3,256
24,594
South Africa
20,919
210
3,256
24,385
Rest of Africa
209
-
-
209
Prepaid airtime sold
243,584
138
8,551
252,273
South Africa
219,003
138
8,551
227,692
Rest of Africa
24,581
-
-
24,581
Account holder fees
-
6,850
-
6,850
Other
2,907
769
783
4,459
South Africa
2,358
769
783
3,910
Rest of Africa
549
-
-
549
Total revenue under
ASC 606, derived from the
following geographic locations
377,039
38,060
47,489
462,588
South Africa
345,720
38,060
47,489
431,269
Rest of Africa
31,319
-
-
31,319
Lending revenue
-
22,362
-
22,362
Interest from customers
6,688
17,728
-
24,416
Insurance revenue
-
23,867
-
23,867
Total non-ASC 606
revenue
6,688
63,957
-
70,645
Revenue
$
383,727
$
102,017
$
47,489
$
533,233
The
following
table
presents
the
Company’s
revenue
disaggregated
by
major
revenue
streams,
including
a
reconciliation
to
reportable segments for the nine months ended March 31, 2025:
Merchant
Consumer
Enterprise
Total
Processing fees
$
92,715
$
22,975
$
18,918
$
134,608
South Africa
87,292
22,975
18,918
129,185
Rest of Africa
5,423
-
-
5,423
Technology
products
15,829
96
3,449
19,374
South Africa
15,619
96
3,449
19,164
Rest of Africa
210
-
-
210
Prepaid airtime sold
279,076
66
4,794
283,936
South Africa
259,747
66
4,794
264,607
Rest of Africa
19,329
-
-
19,329
Account holder fees
-
5,255
-
5,255
Other
3,197
2,228
80
5,505
South Africa
3,029
2,228
80
5,337
Rest of Africa
168
-
-
168
Total revenue under
ASC 606, derived from the
following geographic locations
390,817
30,620
27,241
448,678
South Africa
365,687
30,620
27,241
423,548
Rest of Africa
25,130
-
-
25,130
Lending revenue
-
22,475
-
22,475
Interest from customers
5,079
624
-
5,703
Insurance revenue
-
14,378
-
14,378
Total non-ASC 606
revenue
5,079
37,477
-
42,556
Revenue
$
395,896
$
68,097
$
27,241
$
491,234