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Lesaka Technologies
(NASDAQ:LSAK)
Lesaka Technologies (LSAK) vs. SPDR S&P 500 ETF (SPY)
Lesaka Technologies Business Overview & Revenue Model
Lesaka Technologies Earnings Call Summary
Lesaka Technologies Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 740.78M | 659.70M | 564.22M | 527.97M | 222.61M | 130.79M |
| Gross Profit | 138.50M | 173.16M | 121.55M | 110.43M | 54.29M | 34.54M |
| EBITDA | -44.24M | -50.77M | 29.80M | 9.99M | -26.50M | 1.71M |
| Net Income | -87.26M | -87.50M | -17.44M | -35.07M | -43.88M | -13.18M |
Balance Sheet | ||||||
| Total Assets | 652.86M | 653.71M | 558.45M | 542.23M | 656.57M | 428.33M |
| Cash, Cash Equivalents and Short-Term Investments | 72.16M | 76.52M | 59.06M | 35.50M | 43.94M | 198.57M |
| Total Debt | 22.88M | 235.37M | 166.70M | 170.05M | 215.19M | 18.96M |
| Total Liabilities | 386.63M | 392.33M | 303.16M | 283.33M | 342.22M | 67.37M |
| Stockholders Equity | 170.35M | 254.54M | 255.29M | 258.91M | 314.35M | 360.96M |
Cash Flow | ||||||
| Free Cash Flow | -13.49M | -26.32M | 15.83M | -16.16M | -41.76M | -62.66M |
| Operating Cash Flow | 3.94M | -9.12M | 28.79M | 410.00K | -37.20M | -58.37M |
| Investing Cash Flow | -12.09M | -11.34M | -16.41M | -16.46M | -193.69M | 47.77M |
| Financing Cash Flow | 30.48M | 29.73M | -7.11M | -19.12M | 122.26M | -13.08M |
Lesaka Technologies Technical Analysis
Lesaka Technologies Risk Analysis
Lesaka Technologies Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | $449.42M | 9.24 | 36.15% | ― | -4.19% | -3.52% | |
73 Outperform | $1.91B | 28.31 | 9.79% | ― | 10.58% | -45.52% | |
70 Outperform | $276.07M | 41.83 | 19.65% | ― | 27.84% | -13.78% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | $3.30B | ― | -8.95% | ― | 11.05% | 45.23% | |
51 Neutral | $347.28M | ― | -32.28% | ― | 16.48% | -326.01% | |
50 Neutral | $498.74M | -4.92 | -47.94% | ― | 111.83% | 73.52% |
Lesaka Technologies Corporate Events
Lesaka Technologies, Inc. is a South African fintech company that provides financial services, software, and business solutions to underserved consumers and merchants in Southern Africa, offering a comprehensive platform for transactional accounts, lending, insurance, and more. In its latest earnings report, Lesaka Technologies announced a 10% year-on-year increase in revenue for the first quarter of fiscal 2026, reaching $171.5 million. The company also reported a significant improvement in net revenue, operating income, and adjusted earnings per share, despite a net loss of $4.3 million. Key financial highlights include a 45% increase in net revenue and a 61% rise in Group Adjusted EBITDA, achieving the guidance set for the quarter. The Merchant and Consumer segments showed robust growth, with revenues up by 43% and 43% respectively, while the Enterprise segment saw a 19% increase in net revenue. Looking ahead, Lesaka Technologies reaffirms its fiscal 2026 outlook, expecting positive net income and substantial growth in adjusted earnings per share. The company remains focused on expanding its fintech offerings and enhancing its market presence in Southern Africa.
Lesaka Technologies’ recent earnings call painted a picture of robust growth and strategic success, despite some challenges. The company reported significant revenue and EBITDA growth across its divisions, with standout performances in the Consumer and Enterprise segments. While there were concerns about merchant churn and elevated group costs, Lesaka’s strategic acquisitions and restructuring efforts have laid a strong foundation for future expansion and profitability.
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.
Lesaka Technologies, Inc., a South African fintech company, provides financial services and software solutions to underserved consumers and merchants in Southern Africa, offering a comprehensive multiproduct platform that includes transactional accounts, lending, insurance, and more.
Lesaka Technologies, Inc. recently held its earnings call, revealing a robust financial performance characterized by significant revenue and EBITDA growth. The company attributed its success to strategic acquisitions and effective integration. However, challenges in the Enterprise division and increased debt levels, coupled with substantial noncash charges, were noted as areas of concern.
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.
On September 8, 2025, Lesaka Technologies, through its South African subsidiaries Cash Connect Capital and K2020 Connect, finalized a Revolving Credit Facility Agreement with FirstRand Bank Limited. This agreement allows the subsidiaries to borrow up to ZAR 400 million to support their capital advance businesses and replace existing lending arrangements, enhancing their growth potential.
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.