Welcome to our dedicated page for Lesaka Tech news (Ticker: LSAK), a resource for investors and traders seeking the latest updates and insights on Lesaka Tech stock.
Lesaka Technologies Inc. (LSAK) delivers innovative fintech solutions through its Merchant and Consumer segments, specializing in payment processing and financial services across South Africa. This news hub provides investors with essential updates on strategic developments, operational milestones, and market positioning.
Access real-time updates on earnings reports, partnership announcements, and technology initiatives like the company's offline transaction capabilities. Track significant corporate actions including recent strategic acquisitions such as Adumo RF, which expand Lesaka's merchant services footprint.
The page consolidates press releases covering:
• Merchant segment developments: Payment processing innovations, prepaid product expansions
• Consumer financial services: Digital banking features, loan product updates
• Strategic growth: Market expansion efforts, technology investments
• Regulatory compliance: Operational licensing, service certifications
Bookmark this resource for streamlined monitoring of Lesaka's progress in transforming Southern Africa's digital payment landscape through accessible financial technologies.
Lesaka Technologies (NASDAQ:LSAK) will release first quarter 2026 results after U.S. market close on November 5, 2025. Management will host a presentation webcast and conference call on November 6, 2025 at 8:00 AM EDT (3:00 PM SAST), followed by a live Q&A for analysts and investors.
Webcast registration is available via the provided CorpCam link and conference call registration via Chorus Call; dial-in details and individual PINs will be supplied upon registration. An archived webcast will be posted on Lesaka’s investor relations website after the presentation.
Lesaka Technologies (Nasdaq: LSAK) has released its FY2025 financial results, demonstrating strong performance and achieving its profitability guidance. The company reported revenue of $659.7 million, up 14% in ZAR, and net revenue of $328.7 million, up 38% in ZAR.
Key highlights include Group Adjusted EBITDA of $50.7 million, a 33% increase in ZAR, despite recording a net loss of $87.5 million primarily due to non-operating charges. The Merchant Division saw net revenue growth of 46% in ZAR, while Consumer Net Revenue increased by 35% in ZAR.
Looking ahead to FY2026, Lesaka expects net revenue between ZAR 6.4-6.9 billion and projects adjusted earnings per share of at least ZAR 4.60, representing over 100% year-on-year growth. The company has also announced positive net income expectations for FY2026.
Lesaka Technologies (NASDAQ:LSAK) has released preliminary FY2025 results, achieving its profitability guidance and setting ambitious targets for FY2026. The company reported FY2025 net revenue of $328.7 million, up 38% in ZAR, and Group Adjusted EBITDA of $50.7 million, a 33% increase in ZAR.
Despite posting a net loss of $87.5 million, largely due to non-operating charges including a $49.3 million MobiKwik-related charge and $18.4 million in impairment losses, the company's adjusted earnings reached $10.4 million, up 263% in ZAR. For FY2026, Lesaka expects net revenue between ZAR 6.4-6.9 billion and projects adjusted earnings per share of at least ZAR 4.60, representing over 100% year-on-year growth.
The company also announced a restatement of its FY2025 interim results due to revenue classification issues, though this will not impact reported operating income, net loss, or cash flows.
Lesaka Technologies (NASDAQ:LSAK) has scheduled its fourth quarter and year-end 2025 financial results announcement for September 10, 2025, after the U.S. market close. The company will host a presentation webcast and conference call on September 11, 2025, at 8:00am EDT (2:00pm SAST).
The event will include a live Q&A session for analysts and investors. Participants can join via webcast through CorpCam or dial in through Chorus Call. An archived version of the webcast will be available on Lesaka's Investor Relations website after the presentation.
Lesaka Technologies (NASDAQ:LSAK) has scheduled its fourth quarter and year-end 2025 earnings release for September 3, 2025 after the U.S. market close. The company will host a presentation webcast and conference call on September 4, 2025, at 8:00am EDT (2:00pm SAST), which will include a live Q&A session for analysts and investors.
Participants can join via webcast using the CorpCam link or through a conference call dial-in system provided by Chorus Call. An archived version of the webcast will be available on Lesaka's Investor Relations website after the presentation.
Lesaka Technologies (NASDAQ:LSAK) has announced its subsidiary will acquire 100% of Bank Zero Mutual Bank in a significant strategic transaction. The deal involves a combination of newly issued shares, giving Bank Zero shareholders 12% ownership in Lesaka's fully diluted shares, plus up to ZAR 91 million ($5.1 million) in cash.
Bank Zero, founded in 2018, is a South African digital bank with over 40,000 funded accounts and deposits exceeding ZAR 400 million. The acquisition aims to create a vertically integrated fintech platform, potentially reducing Lesaka's gross debt by over ZAR 1.0 billion. Post-completion, Bank Zero's leadership, including Chairman Michael Jordaan and CEO Yatin Narsai, will maintain key roles, with Jordaan joining Lesaka's Board.
The transaction is expected to be accretive to shareholders, with Bank Zero projected to be profitable in the following fiscal year.Lesaka Technologies (NASDAQ: LSAK) has announced it will release its third quarter 2025 financial results after the U.S. market close on May 7, 2025. The company will host a presentation webcast the following day, May 8, 2025, at 8:00am EDT (2:00pm SAST).
The webcast will include a live question and answer session for analysts and investors, with participants able to submit questions during the session. An archived version of the webcast will be made available on Lesaka's Investor Relations website after the presentation.
Lesaka Technologies (NASDAQ:LSAK) has announced the release of four detailed investor presentations ahead of its upcoming Investor Day scheduled for March 31, 2025, at 9:00am EDT. The presentations, now available on the company's investor relations website, cover:
- Lesaka Overview - detailing strategic vision, market opportunities, and competitive positioning
- Consumer Division - highlighting solutions and strategies for serving consumers
- Merchant Division - outlining approaches for various merchant customers
- Enterprise Division - focusing on solutions for enterprises and their ecosystems
The Investor Day will feature a live presentation by management discussing vision, recent performance, and outlook, followed by a Q&A session with analysts and investors. An archived version will be available post-event.
Lesaka Technologies (Nasdaq: LSAK; JSE: LSK) has completed the acquisition of Recharger for ZAR 507 million ($27 million). The purchase structure includes:
- ZAR 332 million ($18 million) in cash
- ZAR 175 million ($9 million) in Lesaka common stock
The deal is being settled in two tranches: The first tranche at closing comprises ZAR 153 million ($8 million) cash and 1,092,361 Lesaka shares valued at ZAR 98 million ($5 million). The second tranche, due March 3, 2026, will include ZAR 175 million ($9 million) cash and shares worth ZAR 75 million ($4 million). Additionally, Lesaka provided a ZAR 43 million ($2 million) loan to Recharger to repay an existing seller loan. This strategic acquisition marks Lesaka's entry into South Africa's private utilities space and enhances its Enterprise Division's alternative payment offerings.