Lesaka Technologies ( (LSAK) ) has released a notification of late filing.
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Lesaka Technologies, Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending June 30, 2025. The delay is primarily due to the need to restate financial statements from previous quarters, following a re-evaluation of revenue classification. This restatement process, which involves consultation with KPMG Inc., is necessary to ensure accurate financial reporting. The company has not provided a specific timeline for when the Form 10-K will be filed. Despite the restatement, Lesaka Technologies does not anticipate any significant changes to its operating income, net loss, or cash flows. The company is committed to compliance and is working diligently to complete the necessary financial reviews. The notification was signed by Dan L. Smith, the Group Chief Financial Officer.
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: 35,313
Technical Sentiment Signal: Sell
Current Market Cap: $358.3M
Find detailed analytics on LSAK stock on TipRanks’ Stock Analysis page.