Lesaka Technologies ( (LSAK) ) has shared an update.
Lesaka Technologies has set cash incentive awards for fiscal 2025 for key executives based on quantitative and qualitative performance factors. These awards, tied to the company’s financial performance and individual contributions, could reach up to 120% of each executive’s base salary, with different weightings for performance criteria. Meanwhile, Lesaka’s Q1 2025 results showed revenue of $145.5 million, achieving the midpoint of its guidance, despite a slight operating loss due to acquisition costs. The company reaffirms its fiscal 2025 revenue and EBITDA guidance, anticipating significant growth.
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