Lesaka Technologies, Inc., incorporated in Florida on May 8, 1997, is a financial technology company serving consumers and businesses in the Southern Cone of Africa. The company builds an ecosystem that delivers specialized banking, credit, insurance and payment solutions to consumers, enables merchants of all sizes to accept payments for their business activities, and supports businesses with proprietary network capabilities to facilitate secure transactions. 

Lesaka Technologies reported FY26 revenue of ZAR 6.33 billion, a 20% increase, and adjusted EBITDA of ZAR 1.27 billion, a 41% increase. The company met its guidance targets and achieved positive GAAP net income for the first time since 2022. Q4 revenue rose 8% to ZAR 1.62 billion, with adjusted EBITDA increasing 22% to ZAR 367 million. Lesaka's adjusted EBITDA margin reached 22.6%, up from 20.1% in the prior-year period.

Lesaka Technologies

Lesaka Technologies Reports 20% Revenue Growth, Positive GAAP Net Income

South Africa stocks rose in premarket trading, with Sasol up 2.6%, Gold Fields gaining 1.4% and Harmony Mining rising 0.2%.

South Africa stocks rose in after-hours trading after gold prices reclaimed $4,400/oz and US risk factors drove rotation to emerging markets, with LSAK up 4.36%, GFI gaining 0.91% and HMY rising 0.24%.

Lesaka Technologies reported FY2026 results, exceeding its adjusted EPS range and achieving GAAP profitability. Revenue increased 1.7% YoY to $721.6mln, while net revenue rose 20% to $374.9mln. Operating income improved significantly to $12.7mln, compared to a loss of $27.9mln in FY2025. Net income also turned positive at $2.8mln, reversing a loss of $90.9mln in the previous year. Adjusted EBITDA grew 41% to $75.7mln, and adjusted EPS rose 210% to $0.39.

Lesaka Surpasses EPS Range, Achieves GAAP Profitability

Lesaka Technologies, Inc. (LSAK) is projected to report Q4 2026 earnings with <a href="https://www.google.com/goto?url=CAESogEB6zswFT1r64smyJMGV1qLdNitDc7bc3BgZW6qDwr4jdaS49ragfe0_3hvtw8ksHWimfw8vo16ZVUI5uycN19Ku3HD5dS2Ff9Sf9e-ueNOt1eyXhkekBotTFQnn1Tjf52tm9NI4EuIbi-nDfZ-BDFxjuAQvfu3XIIDNxFYLKaPGkClShNHH_cfJOA5ElCBlVBjZmK33JOud_Gyh9LXNS2267M">adjusted EPS of USD 0.15</a>, according to current estimates. This figure reflects the company’s performance in the final quarter of the year, though it remains to be seen how it will compare to prior periods and broader market trends.Over the past year, LSAK has underperformed relative to the S&amp;P 500, with <a href="https://www.google.com/goto?url=CAESXQHrOzAV_dOHope8pWA1eQM8w2qAoHY5s5G_VOWxgRiY8NC__pTSn3mB20rdOZqSyr2sGKBVe3h87glJDZN30scHspxr1yohCUHJKn64dZxWm4CPIAfX3FlyQExHTA">1-year return of 0.22%</a> compared to the benchmark’s 17.25%. The company’s <a href="https://www.google.com/goto?url=CAESXQHrOzAV_dOHope8pWA1eQM8w2qAoHY5s5G_VOWxgRiY8NC__pTSn3mB20rdOZqSyr2sGKBVe3h87glJDZN30scHspxr1yohCUHJKn64dZxWm4CPIAfX3FlyQExHTA">three-year return of 20.79%</a> also lags behind the S&amp;P 500’s 71.32% over the same period. These figures highlight the challenges Lesaka has faced in maintaining consistent growth in a competitive market.Investors will be closely watching the Q4 earnings report for insights into the company’s operational efficiency and future growth potential. The upcoming results may provide clarity on whether Lesaka is on a path to improved performance or if further strategic adjustments are needed.<img src="https://cdn.ainvest.com/aigc/hxcmp/images/compress-1d1cdb7a82cdb001.png" alt="LesaKa Technologies Q4 adjusted EPS USD 0.15">

LSAK News