Every 8-K that Lesaka Tech (LSAK) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow LSAK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LSAK filings page.
Lesaka Technologies, Inc. (LSAK) reported results for Q4 and full year FY2026, delivering on all guidance metrics, exceeding its Adjusted EPS range and achieving its first full-year GAAP profitability since the business was reshaped in 2022. FY2026 revenue was $721.6 million, up 1.7% year-on-year, while Net Revenue rose 20% to $374.9 million.
Operating income improved from a loss of $28.0 million in FY2025 to income of $12.7 million, and net income attributable to Lesaka swung from a $91.0 million loss to a $2.8 million profit$75.7 million, and Adjusted earnings per share rose to $0.39 from $0.12. Q4 FY2026 results showed continued momentum, with Net Revenue up 8% and Adjusted EPS tripling to $0.15.
Consumer and Enterprise segments delivered strong growth, while Merchant revenue declined. Management issued FY2027 guidance in ZAR that implies further growth in Net Revenue, Group Adjusted EBITDA and Adjusted EPS and includes the impact of the pending Bank Zero acquisition, subject to regulatory approvals. Lesaka also disclosed immaterial revisions to prior-period tax and equity presentation errors, which have been corrected in its FY2026 Form 10-K.
Lesaka Technologies, Inc. shareholders approved a stock option grant to Executive Chairman Ali Mazanderani. The award covers 1,000,000 options to acquire common shares at an exercise price of US$5.00 per share. The options vest on April 1, 2028, subject to his continuous employment, may be exercised only after April 1, 2029, and expire on April 1, 2030. There is no automatic acceleration of vesting on termination of employment, death, disability or change in control. Shareholders voted 38,334,363 for, 1,241,298 against and 7,796,947 abstaining to approve the grant for purposes of Nasdaq Listing Rule 5635(c). The award is subject to Lesaka’s clawback policy and allows multiple exercise methods, including cash, stock tender, broker-assisted cashless and net exercise.
Lesaka Technologies, Inc. extended Executive Chairman Ali Mazanderani’s employment agreement, originally effective February 1, 2024, so that it now expires on June 30, 2029, with all other terms unchanged. His commitment is set at fifty percent (50%) of full-time equivalence, with an annual base salary of $600,000, no eligibility for any short-term cash incentive award or other bonus program, no severance benefits, and a three-month mutual notice requirement for termination before June 30, 2029 absent cause or material breach.
Lesaka Technologies Proprietary Limited entered into a separate South African employment agreement with Mr. Mazanderani effective July 1, 2026 through June 30, 2028, which may be extended by written agreement to June 30, 2029. This contract provides an annual base salary of ZAR 5,000,000 and covers business travel costs up to ZAR 4,000,000 per financial year, while also excluding eligibility for short-term cash incentive awards or other bonus programs.
Lesaka Technologies, Inc. reports an amendment to the timetable for a previously announced acquisition. Its subsidiary, Lesaka Technologies Proprietary Limited, had signed a Transaction Implementation Agreement to acquire interests in Bank Zero Mutual Bank and related entities. The parties have now agreed to extend the deadline to fulfill or waive remaining conditions precedent from August 6, 2026 to January 31, 2027 while outstanding regulatory consents are obtained.
Lesaka Technologies updated the employment arrangements for Executive Chairman Ali Mazanderani and granted him a new stock option award. The Board extended his existing U.S. employment agreement from January 31, 2028 to June 30, 2029, keeping his base salary at $600,000 per year and confirming he remains ineligible for any short-term cash incentive or bonus program.
The Company also approved key terms for a new South African employment contract with its subsidiary Lesaka Technologies Proprietary Limited, effective July 1, 2026 through June 30, 2029. Under this contract, he will receive a base salary of ZAR 5,000,000 per year, and Lesaka SA will cover business travel costs up to ZAR 4,000,000 per financial year, with no eligibility for short-term incentives.
In addition, the Board granted Mr. Mazanderani an option to purchase 1,000,000 common shares at an exercise price of $5.00 per share, subject to shareholder approval at a meeting to be held by no later than August 17, 2026. These options vest only if he remains Executive Chairman through April 1, 2028 and may be exercised between April 1, 2029 and April 1, 2030.
Lesaka Technologies, Inc. filed an update correcting how it calculates headline earnings (loss) and headline earnings (loss) per share (HE(L)PS) for Q3 FY2026 and prior-year comparatives. The change adds the “change in fair value of equity securities, net” into headline earnings, in line with SAICA Headline Earnings Circular 1/2023 and IFRS 9.
For the three months ended March 31, 2026, headline earnings used in HE(L)PS are revised to $2,171 thousand, with basic and diluted HE(L)PS of $0.03. For the three months ended March 31, 2025, headline loss is revised to $(22,362) thousand, or $(0.28) per share basic and diluted.
For the nine months ended March 31, 2026, headline earnings used in HE(L)PS are now $2,430 thousand, with basic and diluted HE(L)PS of $0.03. For the nine months ended March 31, 2025, headline loss is revised to $(59,698) thousand, or $(0.83) per share basic and diluted. The company notes that only headline metrics and HE(L)PS are affected; other reported results remain unchanged.
Lesaka Technologies reported Q3 FY2026 results with profitability improving sharply and full-year Adjusted Earnings per Share guidance raised. Revenue was $183.1 million, roughly flat year-on-year, while Net Revenue rose to $96.4 million, up 16%. Group Adjusted EBITDA increased to $20.6 million, a 45% rise, and the company generated net income of $0.6 million versus a loss a year ago. Adjusted Earnings climbed to $9.1 million, with Adjusted EPS improving to $0.11 from $0.03, or ZAR 1.80 from ZAR 0.52. For FY2026, Lesaka now guides to Net Revenue between ZAR 6.2–6.5 billion, Group Adjusted EBITDA of ZAR 1.25–1.35 billion, positive Net Income attributable to Lesaka, and Adjusted EPS of ZAR 5.50–6.00, excluding the proposed Bank Zero acquisition and other potential deals.
Lesaka Technologies amended its main South African banking arrangements by entering into an Amended and Restated General Banking Facility with RMB. Through this agreement, Lesaka SA and certain subsidiaries can access direct facilities of ZAR 1,143,901,000, an indirect facility of ZAR 57,700,000 for bank guarantees, and settlement lines of ZAR 326,000,000. These facilities became available for use from March 30, 2026 and are subject to annual review by RMB. Lesaka SA will pay an upfront fee of ZAR 3.45 million in connection with the transaction, while the other material terms remain substantially the same as the prior facility.
Lesaka Technologies detailed new 2026 compensation actions for senior executives. The Remuneration Committee increased the annual base salary of Chief Executive Officer: Southern Africa, Lincoln Mali, to ZAR 8,000,000 (about $503,176) effective February 1, 2026, and approved a one-off bonus of ZAR 3,500,000 (about $220,140).
For fiscal 2026, the Committee adopted cash incentive awards for Steven Heilbron, Lincoln Mali and Dan Smith. Each can earn between 20% and 120% of base salary, tied to both financial metrics and individual goals. Quantitative measures include group net revenue, adjusted EBITDA, leverage, free cash flow and positive earnings, while qualitative goals focus on M&A execution, culture, regulatory engagement, controls and finance function improvements.
The Committee retains broad discretion to adjust or eliminate payouts regardless of formula results, giving it flexibility to align awards with overall performance and unforeseen events.
Lesaka Technologies, Inc. filed a current report to share its latest quarterly results. The company furnished an earnings press release covering its financial performance for the second quarter ended December 31, 2025. The press release, dated February 4, 2026, is included as an exhibit to this report.
The filing is made under the "Results of Operations and Financial Condition" disclosure item, which companies use to provide investors with updated financial information between regular annual and quarterly reports.
Lesaka Technologies, Inc. furnished an 8-K announcing it issued a press release with financial results for the first quarter ended September 30, 2025. The information was provided under Item 2.02, Results of Operations and Financial Condition.
The press release is included as Exhibit 99.1. The company’s common shares trade on the NASDAQ Global Select Market under the symbol LSAK.
Lesaka Technologies, Inc. filed a current report to furnish its final earnings release for the quarter and fiscal year ended June 30, 2025. This report follows a preliminary Form 8-K filed on September 10, 2025 that had included a preliminary earnings release.
The new filing supplements the earlier preliminary information by providing updated disclosures for Revenue, Merchant Revenue and Net Revenue, and Consumer Revenue through a final earnings release attached as Exhibit 99.1. The earnings information in Item 2.02 and the exhibit is furnished rather than filed, meaning it is not subject to certain Exchange Act liabilities or automatically incorporated into other securities law filings.
Lesaka Technologies, Inc. furnished preliminary financial results for its fourth quarter and year ended June 30, 2025, while also addressing a significant accounting restatement. The company’s audit committee, after consulting management and KPMG Inc., concluded that the unaudited condensed consolidated financial statements in its Form 10-Qs for the quarters ended September 30, 2024, December 31, 2024, and March 31, 2025 should be restated and no longer relied upon. The restatement stems from a re-evaluation of how certain revenue and related costs were classified between agent and principal.
Lesaka currently expects the restatement to increase reported revenue, offset by higher cost of goods sold and IT processing, servicing and support, with no impact on operating income (loss), net loss, loss per share, net cash flows or liquidity. The preliminary results and related press release are subject to completion of the restatement and the financial close process, have not been audited or reviewed, and may change, potentially materially. The company highlights risks around the timing and scope of the restatement, possible effects on internal control over financial reporting and disclosure controls, and potential legal or regulatory actions related to the restatement.
Lesaka Technologies, Inc. announced that investors should no longer rely on its unaudited condensed consolidated financial statements for the quarters ended September 30, 2024, December 31, 2024, and March 31, 2025. The Audit Committee, after consulting management and KPMG Inc, concluded these quarters must be restated because certain voucher-related revenue had been recorded as if Lesaka acted as an agent instead of a principal, affecting revenue and related cost of goods sold and IT processing, servicing and support.
The company expects the restatement to increase reported revenue, offset by higher related costs, with no impact on operating income (loss), net loss, loss per share, net cash flows or liquidity. Lesaka is preparing amended Form 10-Q/A filings for the affected quarters, is re-evaluating similar revenue arrangements under ASC 606, and is assessing the impact of the issue on its internal control over financial reporting, noting that additional restatements for other periods or agreements may be required.
Lesaka Technologies entered into a new revolving credit facility through its South African subsidiaries Cash Connect Capital and K2020 with FirstRand Bank’s Rand Merchant Bank division. The facility allows CCC and K2020 to borrow up to ZAR 400.0 million to fund their capital advance businesses, settle up to ZAR 20.0 million of an intercompany loan, and cover fees and legal costs. It replaces CCC’s existing lending arrangement and increases available borrowings to support further business growth.
Interest is linked to the South Africa prime rate, at prime minus 0.10% for the first year after initial draw and prime minus 0.35% thereafter; the prime rate was 10.50% on September 5, 2025. Lesaka will pay a non-refundable structuring and execution fee of ZAR 500,000, excluding value added tax. The agreement includes customary covenants limiting additional debt, distributions, asset encumbrances, investments, and certain corporate activities, and is supported by guarantees and security from other Connect Group subsidiaries.