v3.26.1
Equity-Accounted Investments And Other Long-Term Assets (Tables)
 12 Months Ended
Jun. 30, 2026
Ownership Percentage Of Equity-Accounted Investments
June 30,
June 30,
2026
2025
Sandulela Technology
Proprietary Limited ("Sandulela")
49
%
49
%
SmartSwitch Namibia (Pty) Ltd (“SmartSwitch Namibia”)
50
%
50
%
Summary Of Movement In Equity-Accounted Investments
Other
(1)
Total
Investment in equity
Balance as of June 30, 2024
$
206
$
206
Comprehensive income:
114
114
Other comprehensive income
-
-
Equity accounted earnings
114
114
Share of net income
114
114
Dividends received
(96)
(96)
Sale of shares in equity-accounted investment
(507)
(507)
Equity-accounted investment acquired in business combination (Note
3)
477
477
Foreign currency adjustment
(2)
5
5
Balance as of June 30, 2025
199
199
Comprehensive income:
215
215
Other comprehensive income
-
-
Equity accounted earnings
215
215
Share of net income
215
215
Dividends received
(105)
(105)
Impairment
(34)
(34)
Foreign currency adjustment
(2)
20
20
Balance as of June 30, 2026
$
295
$
295
(1) Includes Sandulela and SmartSwitch Namibia;
(2) The foreign currency
adjustment represents the
effects of the fluctuations
of the ZAR and
Namibian dollar, against
the U.S.
dollar on the carrying value.
Summary Of Other Long-Term Asset
June 30,
June 30,
2026
2025
Total equity investments
$
450
$
-
Investment in
10
% of Cowdi at fair value and loan
(1)
450
-
Investment in Cell C (June 30, 2025:
5
%) at fair value (Note 6)
(2)
-
-
Investment in
87.50
% of CPS (June 30, 2025:
87.50
%) at fair value
(1)(3)
-
-
Insurance investments
4,598
-
Policy holder assets under investment contracts (Note 11)
141
125
Reinsurance assets under insurance contracts (Note 11)
2,416
1,837
Other long-term assets
2,092
1,847
Total other long-term
assets
$
9,697
$
3,809
(1) The Company
determined that Cowdi
and CPS do
not have readily
determinable fair values
and therefore elected
to record
its investments at cost
minus impairment, if any, plus or
minus changes resulting from
observable price changes in orderly
transactions
for the identical or a similar investment of the same issuer.
(2) The Company disposed of its entire shareholding in Cell C in December 2025,
refer to Note 6 for additional information.
(3) On October 16, 2020, the
High Court of South Africa, Gauteng Division,
Pretoria ordered that Cash Paymaster Services (Pty)
Ltd (“CPS”) be placed into liquidation.
Summary Of Components Of Equity Securities Without Readily Determinable Fair Value And Held To Maturity Investments
Cost basis
Unrealized
holding gains
Unrealized
holding losses
Carrying
value
Equity securities:
Investment in Cowdi
$
250
$
-
$
-
$
250
Investment in CPS
-
-
-
-
Total
$
250
$
-
$
-
$
250
Cost basis
Unrealized
holding gains
Unrealized
holding losses
Carrying
value
Equity securities:
Investment in CPS
$
-
$
-
$
-
$
-
Held to maturity:
Investment in Cedar Cellular notes
-
-
-
-
Finbond Group Limited [Member]  
Schedule Of Calculation Of Gain (Loss) On Disposal
Year
ended
June 30,
2024
Loss on disposal of Finbond shares:
Consideration received in cash
$
3,508
Less: carrying value of Finbond shares sold
(2,112)
Less: release of foreign currency translation reserve from accumulated other
comprehensive loss
(1,543)
Add: release of stock-based compensation charge related
to equity-accounted investment
147
Loss on sale of Finbond shares
$
-