How did Lesaka Technologies' revenue and expenses trend in Q2 2025?

Lesaka Technologies Inc. (LSAK) is expected to report a decline in revenue for Q2 2025, according to analyst estimates and the company's guidance. The anticipated revenue fall is accompanied by a guidance for earnings per share (EPS) and revenue for the quarter, indicating potential challenges in managing expenses alongside reduced revenue.

1. **Revenue Trend**: Lesaka Technologies is projected to report a 5.9% decrease in revenue for the quarter ending March 31, 2025, reaching $130 million compared to $138.19 million for the same period in the previous year. This decline aligns with the company's guidance issued on February 5, 2025, which indicated a revenue range of $128.53 million to $139.24 million for the period ending March 31, 2025.

|code|Ticker|Name|Date|Market Cap|market_code|
|---|---|---|---|---|---|
|TWO|TWO.N|Two Harbors|20240508|1.33300814248E9|169|
|JPM|JPM.N|Jpmorgan Chase|20240508|5.6184182052635E11|169|
|TWO|TWO.N|Two Harbors|20240509|1.33197319827E9|169|
|JPM|JPM.N|Jpmorgan Chase|20240509|5.671544061025E11|169|
|TWO|TWO.N|Two Harbors|20240510|1.32265870038E9|169|
|JPM|JPM.N|Jpmorgan Chase|20240510|5.7080142430883E11|169|
|TWO|TWO.N|Two Harbors|20240513|1.32162375617E9|169|
|JPM|JPM.N|Jpmorgan Chase|20240513|5.7068655759367E11|169|
|TWO|TWO.N|Two Harbors|20240514|1.34025275195E9|169|
|JPM|JPM.N|Jpmorgan Chase|20240514|5.7866979429729E11|169|

2. **Expense Management**: The company's financial performance metrics, such as gross profit and net profit, are not currently available for Q2 2025. However, Lesaka Technologies has previously reported a negative return on equity of 24.96% and a negative net margin of 7.94% for the quarter ending March 31, 2025, which suggests challenges in managing expenses and improving profitability.
3. **Analyst Expectations**: Analysts expect Lesaka Technologies to post earnings of $0.02 per share and revenue of $130.00 million for Q3 2025, which is a slight variation from the Q2 2025 projections. This indicates a potential stabilization in earnings expectations despite the revenue decline.
4. **Stock Performance and Insider Activity**: Lesaka Technologies' stock has experienced fluctuations, with a trading volume that reflects investor interest. Insider transactions, such as Chairman Ali Mazanderani's purchases of company stock, suggest confidence in the company's long-term prospects despite the current financial challenges.

In conclusion, Lesaka Technologies faced a challenging period in Q2 2025, with revenue declining and negative margins. However, the company's strategic moves, such as securing loan facilities, and insider purchases suggest a forward-looking optimism despite the current difficulties.