Lesaka Tech SEC Filings

Lesaka Technologies (LSAK) filed its quarterly report, showing higher sales and a narrower loss. Revenue rose to $171.4 million from $153.6 million a year ago as the company grew across its segments. Operating results improved to a small operating income of $0.4 million from a slight loss, reflecting scale benefits but also higher depreciation and amortization tied to brand realignment.

Net loss was $4.4 million versus $4.5 million, or $0.05 per share compared with $0.07. Cash from operating activities turned positive at $8.9 million versus a $4.1 million outflow, aided by working capital and stronger collections. Cash and cash equivalents were $72.2 million as of September 30, 2025. Total assets stood at $652.9 million.

On the balance sheet, long-term borrowings were $195.5 million with an additional $12.6 million current portion, and $12.5 million was drawn on short‑term facilities. Goodwill was $205.0 million and intangible assets, net, were $134.7 million, with higher amortization reflecting the transition to the master brand “Lesaka.” Foreign currency translation gains lifted other comprehensive income, producing positive comprehensive income of $3.0 million despite the net loss.

Lesaka Technologies (LSAK) filed its definitive proxy for the Dec 8, 2025 annual meeting. Shareholders will vote on four items: electing ten directors, ratifying KPMG as auditor for the year ending June 30, 2026, an advisory say‑on‑pay vote, and amending the stock incentive plan to add 3,000,000 shares authorized for equity awards.

The meeting will be held in Johannesburg at 16:00 local time (9:00am ET). The Board recommends voting FOR all proposals. The record date is October 22, 2025, with 84,086,399 shares outstanding on that date.

The company cites equity as a key tool for attracting and retaining talent, noting grants of 5,254,112 awards over the three years ended June 30, 2025 and 1,513,798 shares remaining available as of June 30, 2025. If the amendment is approved, Lesaka expects to have approximately 4,089,703 shares available for grant after the meeting, based on shares available as of October 28, 2025. Reported dilution under the plan was 5% at June 30, 2025, with a 4% fiscal 2025 annual burn rate.

Lesaka Technologies, Inc. reported full-year fiscal 2025 results showing revenue of $659.7 million, up from $564.2 million a year earlier, and a net loss attributable to Lesaka of $87.5 million for the year. The company held $76.5 million in cash and cash equivalents and reported total assets of $653.7 million against total liabilities of $392.3 million. Goodwill rose to $199.4 million and intangible assets to $139.2 million, while the company recorded an $18.9 million impairment and a $59.8 million charge for change in fair value of equity securities, both of which materially affected results. Management reclassified $11.8 million from long-term borrowings to the current portion. The company reports 83,673,097 shares outstanding (net of treasury) as of September 29, 2025 and disclosed aggregate market value of non-affiliate common stock of $288.5 million as of December 31, 2024.

Lesaka Technologies, Inc. (LSAK) reported a quarterly net loss of $22.1 million and a nine‑month net loss of $58.7 million, driven in part by a $54.2 million cumulative decline in the fair value of equity securities. Total assets increased to $649.2 million from $558.5 million a year earlier, while total liabilities rose to $368.2 million. Cash, cash equivalents and restricted cash ended at $71.1 million versus $59.6 million a year ago. Revenue lines and operating expenses show cost of goods sold and IT/servicing at $117.0 million for the quarter and SG&A at $34.2 million. Long‑term borrowings increased (current portion $28.1 million; long term $166.6 million) and redeemable common stock is reported at $88.96 million. Share count net of treasury is 81,278,900 outstanding as of March 31, 2025.

Lesaka Technologies reported restated quarterly results showing revenue of $176.2 million for the three months ended December 31, 2024 and $329.8 million for the six months, up from prior periods as presented. The company recorded a net loss of $32.1 million for the quarter and $36.7 million for the six months, driven by a $33.7 million change in fair value of equity securities and higher interest expense.

Balance sheet reclassifications moved $11,453 and $11,841 from long-term borrowings to current portion of long-term borrowings. Total assets were $640.6 million with goodwill of $200.8 million and total liabilities of $351.6 million. The company completed acquisitions (including Adumo), issued shares, repurchased treasury stock and recorded other comprehensive losses affecting equity, which stood at $200.0 million inclusive of a $88.96 million redeemable common stock balance.

Lesaka Technologies, Inc. (LSAK) reported consolidated assets of $551,889 thousand and total liabilities of $288,243 thousand, producing total equity of $184,217 thousand. Current assets were $167,314 thousand, including settlement assets of $20,469 thousand, and cash, cash equivalents and restricted cash at period end were $49,809 thousand. Long-term borrowings stood at $132,136 thousand with a current portion of $16,384 thousand. The company recorded a net loss of $4,542 thousand for the three months, compared with a net loss of $5,651 thousand in the prior-year quarter, producing basic and diluted loss per share of $0.07. Goodwill was $146,577 thousand and intangible assets, net, were $114,052 thousand. Accumulated other comprehensive loss improved to $(177,830) thousand from $(188,355) thousand. The condensed statements reflect adjustments and restatements noted in the footnotes.