Strong Financial Performance
Lesaka finished FY 2025 with net revenue of ZAR 5.3 billion and EBITDA of ZAR 922 million, in line with guidance. Adjusted earnings for the year increased from ZAR 51 million to ZAR 186 million, with earnings per share growing from ZAR 0.80 to ZAR 2.29.
Consumer Division Growth
The Consumer division experienced a standout year with net revenue increasing by 35% to ZAR 1.7 billion and EBITDA growing by 83% to ZAR 435 million.
Merchant Division Expansion
The Merchant division's net revenue increased by 46% to ZAR 3 billion, and EBITDA rose by 20% to ZAR 657 million, driven partly by acquisitions.
Significant M&A Activity
Lesaka completed several strategic acquisitions including Adumo, Recharger, and Bank Zero, while divesting from MobiKwik for ZAR 290 million.
Positive Q4 Performance
Q4 net revenue was 47% higher at ZAR 1.5 billion, with group adjusted EBITDA of ZAR 306 million, up 61% from last year.