v3.26.1
Revenue
12 Months Ended
Jun. 30, 2026
Revenue [Abstract]  
Revenue
16.
REVENUE
The Company
is a
provider of
digitized cash
management solutions
and merchant
acquiring services,
including an
integrated
platform for
the distribution
of ADP
(including value-added
services such
as prepaid
airtime, prepaid
electricity and
bill payment);
software
solutions,
transaction processing
services; financial
inclusion products
and services,
and
secure payment
technology.
The
Company
operates
as
a
payment
processor
in South
Africa.
The
Company
offers
debit,
credit
and
prepaid
processing
and
issuing
services for
all major
payment networks.
In South
Africa, the
Company provides
innovative low-cost
financial inclusion
products,
including banking, lending and insurance.
The Company analyzes its business under a “product” view,
for example, its acquiring activities in Merchant are allocated
to an
acquiring product view
for Merchant. The
Company has updated
its disaggregation of
revenue disclosures to
align with this pro
duct
view. Comparative
periods have been recast.
Disaggregation of revenue
The
following
table
represents
our
revenue
disaggregated
by
major
revenue
streams,
including
reconciliation
to
operating
segments for the year ended June 30, 2026:
Merchant
Consumer
Enterprise
Total
ADP
$
367,574
$
205
$
52,038
$
419,817
South Africa
325,696
205
52,038
377,939
Rest of world
41,878
-
-
41,878
Transactional fees
-
50,443
-
50,443
Acquiring
46,776
-
-
46,776
South Africa
46,776
-
-
46,776
Rest of world
-
-
-
-
Cash
41,604
-
-
41,604
Software
22,139
-
-
22,139
Utilities
-
-
15,002
15,002
Other
18,350
802
5,878
25,030
South Africa
17,757
802
5,878
24,437
Rest of world
593
-
-
593
Total
revenue under ASC 606, derived from the
following geographic location
496,443
51,450
72,918
620,811
South Africa
453,972
51,450
72,918
578,340
Rest of world
42,471
-
-
42,471
Lending
9,750
57,618
-
67,368
South Africa
9,688
57,618
-
67,306
Rest of world
62
-
-
62
Insurance
-
33,375
-
33,375
Total
non-ASC 606 revenue, derived from the
following geographic location
9,750
90,993
-
100,743
South Africa
9,688
90,993
-
100,681
Rest of world
62
-
-
62
Total
revenue, derived from the following
geographic locations
506,193
142,443
72,918
721,554
South Africa
463,660
142,443
72,918
679,021
Rest of world
$
42,533
$
-
$
-
$
42,533
16.
REVENUE (continued)
The
following
table
represents
our
revenue
disaggregated
by
major
revenue
streams,
including
reconciliation
to
operating
segments for the year ended June 30, 2025:
Merchant
Consumer
Enterprise
Total
ADP
$
404,317
$
-
$
30,512
$
434,829
South Africa
370,009
-
30,512
400,521
Rest of world
34,308
-
-
34,308
Transactional fees
-
39,506
82
39,588
Cash
43,723
-
-
43,723
Acquiring
32,507
-
-
32,507
South Africa
32,507
-
-
32,507
Rest of world
-
-
-
-
Software
14,872
-
-
14,872
Utilities
-
-
4,027
4,027
Other
19,663
530
4,820
25,013
South Africa
19,173
530
4,820
24,523
Rest of world
490
-
-
490
Total
revenue under ASC 606, derived from the
following geographic location
515,082
40,036
39,441
594,559
South Africa
480,284
40,036
39,441
559,761
Rest of world
34,798
-
-
34,798
Lending
9,170
35,920
-
45,090
South Africa
9,113
35,920
-
45,033
Rest of world
57
-
-
57
Insurance
-
20,052
-
20,052
Total
non-ASC 606 revenue, derived from the
following geographic location
9,170
55,972
-
65,142
South Africa
9,113
55,972
-
65,085
Rest of world
57
-
-
57
Total
revenue, derived from the following
geographic locations
524,252
96,008
39,441
659,701
South Africa
489,397
96,008
39,441
624,846
Rest of world
$
34,855
$
-
$
-
$
34,855
16.
REVENUE (continued)
The
following
table
represents
our
revenue
disaggregated
by
major
revenue
streams,
including
reconciliation
to
operating
segments for the year ended June 30, 2024:
Merchant
Consumer
Enterprise
Total
ADP
$
390,041
$
-
$
31,064
$
421,105
South Africa
363,879
-
31,064
394,943
Rest of world
26,162
-
-
26,162
Cash
40,319
-
-
40,319
Transactional fees
-
31,238
-
31,238
Acquiring
12,642
-
-
12,642
Other
4,790
76
7,878
12,744
South Africa
4,379
76
7,878
12,333
Rest of world
411
-
-
411
Total
revenue under ASC 606, derived from the
following geographic location
447,792
31,314
38,942
518,048
South Africa
421,219
31,314
38,942
491,475
Rest of world
26,573
-
-
26,573
Lending
8,277
25,140
-
33,417
South Africa
8,222
25,140
-
33,362
Rest of world
55
-
-
55
Insurance
-
12,757
-
12,757
Total
non-ASC 606 revenue, derived from the
following geographic location
8,277
37,897
-
46,174
South Africa
8,222
37,897
-
46,119
Rest of world
55
-
-
55
Total
revenue, derived from the following
geographic locations
456,069
69,211
38,942
564,222
South Africa
429,441
69,211
38,942
537,594
Rest of world
$
26,628
$
-
$
-
$
26,628