Lesaka achieves its profitability guidance for FY 2024 and provides significantly higher profitability guidance for FY 2025
Lesaka Technologies, Inc. (LSAK)
Company Research
Source: GlobeNewswire
JOHANNESBURG, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the fourth quarter (“Q4 2024”) and year ended June 30, 2024 (“FY 2024”). FY 2024 performance: Revenue increased 11% in South African Rand (“ZAR”)1 to $564.2 million (ZAR 10.6 billion).Operating income increased to $3.6 million (ZAR 67.3 million), compared to an operating loss of $15.3 million (ZAR 275.3 million) in FY 2023.Net loss improved 48% in ZAR to $17.4 million (ZAR 326.1 million), compared to a net loss of $35.1 million (ZAR 629.2 million) in FY 2023.GAAP loss per share improved 49% in ZAR, to $0.27 (ZAR R5.07).Guidance for Group Adjusted EBITDA (a non-GAAP measure) achieved, increasing 55% in ZAR to $36.9 million (ZAR 690.9 million).Fundamental earnings per share (a non-GAAP measure) of $0.06 (ZAR 1.06), improved ZAR 3.72, compared to a fundamental loss per share of $0.15 (ZAR 2.66) in FY 2023.Merchant Division revenue increased 12% in ZAR to
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LSAK
News
- Lesaka to Host Webcast and Conference Call to Review First Quarter 2025 ResultsGlobeNewswire
- Lesaka completes the acquisition of Adumo, cementing its position as the leading independent fintech in Southern AfricaGlobeNewswire
- Lesaka Technologies (LSAK) Surges 6.3%: Is This an Indication of Further Gains? [Yahoo! Finance]Yahoo! Finance
- Lesaka Technologies Inc (NASDAQ:LSAK) A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Private equity firms account for 36% of Lesaka Technologies, Inc.'s (NASDAQ:LSAK) ownership, while individual investors account for 32% [Yahoo! Finance]Yahoo! Finance
LSAK
Earnings
- 9/11/24 - Miss
LSAK
Sec Filings
- 10/15/24 - Form 3
- 10/11/24 - Form 4
- 10/11/24 - Form 3
- LSAK's page on the SEC website