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Lesaka Technologies Announces Financial Statement Restatement

Story Highlights
  • Lesaka Technologies is restating its financial statements due to revenue classification issues.
  • The restatement will increase revenue and costs, with no impact on net income.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Lesaka Technologies Announces Financial Statement Restatement

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Lesaka Technologies ( (LSAK) ) has shared an announcement.

On September 10, 2025, Lesaka Technologies, Inc. announced that its unaudited condensed consolidated financial statements for the quarters ended September 30, 2024, December 31, 2024, and March 31, 2025, should be restated due to a re-evaluation of revenue classification. The restatement is expected to increase revenue, offset by a corresponding increase in costs, without impacting operating income, net loss, or cash flows. The financial results are preliminary and subject to change as the restatement analysis and audit process are completed.

The most recent analyst rating on (LSAK) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Lesaka Technologies stock, see the LSAK Stock Forecast page.

Spark’s Take on LSAK Stock

According to Spark, TipRanks’ AI Analyst, LSAK is a Neutral.

Lesaka Technologies’ stock score is driven by optimistic earnings call guidance and strategic corporate events, bolstered by technical indicators. However, ongoing financial challenges and valuation concerns weigh on the overall score.

To see Spark’s full report on LSAK stock, click here.

More about Lesaka Technologies

Average Trading Volume: 28,756

Technical Sentiment Signal: Sell

Current Market Cap: $384.3M

For detailed information about LSAK stock, go to TipRanks’ Stock Analysis page.

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