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Lesaka Technologies ( (LSAK) ) just unveiled an announcement.
On June 26, 2025, Lesaka Technologies completed the sale of its equity interest in One Mobikwik Systems Limited on the Indian Stock Exchange, generating approximately ZAR 290 million in net cash proceeds. This sale, following the expiration of a contractual lock-up period, aligns with Lesaka’s strategy to divest non-core assets and will support strengthening its balance sheet and reducing group debt.
Spark’s Take on LSAK Stock
According to Spark, TipRanks’ AI Analyst, LSAK is a Neutral.
Lesaka Technologies scores a 54, driven by strong earnings call results and growth potential. However, financial instability, technical weakness, and valuation concerns weigh heavily on the stock, indicating a need for improved profitability and cash flow.
To see Spark’s full report on LSAK stock, click here.
More about Lesaka Technologies
Lesaka Technologies, Inc. operates in the technology sector, focusing on financial services and technology solutions. The company offers a range of products and services aimed at enhancing digital transactions and financial inclusivity.
Average Trading Volume: 27,892
Technical Sentiment Signal: Sell
Current Market Cap: $360.7M
See more insights into LSAK stock on TipRanks’ Stock Analysis page.