Lesaka Technologies Inc

Lesaka Technologies, Inc. engages in the provision of financial technology, products and services to unbanked and underbanked individuals and small businesses in South Africa and other emerging economies. It operates through the following segments: Processing, Financial Services, and Technology. The Processing segment includes fees earned by the company from processing activities performed for its customers from the distribution of prepaid airtime. The Financial Services segment includes activities related to the provision of financial services to customers. The Technology segment includes sales of hardware and licenses to customers. The company was founded by Serge Christian Pierre Belamant in 1989 and is headquartered in Johannesburg, South Africa.

Earnings data Q1 2023

Earnings data Q2 2023

Lesaka Technologies, Inc. (NASDAQ:LSAK ) Q2 2023 Earnings Conference Call February 8, 2023 8:00 AM ET Company Participants Rob Fink - Investor Relations Chris Meyer - Group Chief Executive Officer Steven Heilbron - Chief Executive Officer, Connect & Head of Merchant Division Lincoln Mali - Chief Executive Officer, Southern Africa Naeem Kola - Group Chief Financial Officer Conference Call Participants Frank Geng - Briarwood Chase Raj Sharma - B. Riley Rob Fink Hello, everyone, and welcome to Lesaka's Fiscal Second Quarter 2023 Earnings Webcast and Conference Call.

Lesaka Technologies, Inc. (LSAK) Q2 2023 Earnings Call Transcript

Lesaka Technologies (LSAK) delivered earnings and revenue surprises of 8.33% and 5.53%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Lesaka Technologies (LSAK) Reports Q2 Loss, Tops Revenue Estimates

JOHANNESBURG, South Africa, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the second quarter ended December 31, 2022 (“Q2 2023”).

Lesaka Reports Second Quarter 2023 Results and Outperforms the Upper End of Guidance

JOHANNESBURG--(BUSINESS WIRE)--Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the second quarter ended December 31, 2022 (“Q2 2023”). Successful execution against a carefully crafted transformation strategy Performance highlights for Q2 2023: Group Adjusted EBITDA of $7.4 million (ZAR 130.4 million) exceeds the upper end of guidance of ZAR 123 million in Q2 2023 by 6%. This represents a 77% increase compared to the prior quarter (Q1 2023: $4.2 million; ZAR 71.

Lesaka Reports FY23 Q2 Results Outperforming Upper End of Guidance

Lesaka is a Nasdaq listed fintech in South Africa that is cheap, undiscovered, and in the midst of a turnaround. Owns non-core assets worth roughly $40 million in our estimate. EV of $427 million has it trading at 0.7x EV/S multiple and a 7.6x EV/EBITDA multiple off our 2023 sales and EBITDA estimates of $613 and $56 million respectively.

Lesaka Technologies: A Very Cheap Yet Growing Emerging Markets Fintech

JOHANNESBURG, South Africa, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS: LSAK; JSE: LSK) today announced that Mr. Alex M.R. Smith is leaving the Company to pursue other opportunities. Mr. Smith's last day of employment will be March 01, 2023. During this notice period, Mr. Smith will assist the Company in consolidating the roles and responsibilities of Chief Accounting Officer (“CAO”) into the ambit of Lesaka's highly experienced Finance team.

Lesaka announces departure of Alex Smith, Chief Accounting Officer

JOHANNESBURG, South Africa, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced it will release second quarter 2023 results after the U.S. market close on February 7, 2023. Lesaka management will host a presentation webcast and conference call on February 8, 2023, at 8:00 a.m. Eastern Time (EST), which is 3:00 p.m. South Africa Standard Time (SAST) to review these results.

Lesaka to Host Webcast and Conference Call to Review Second Quarter 2023 Results

JOHANNESBURG, South Africa, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) (“Lesaka” or the “Company”) today announced that it has entered a new employment arrangement with Mr. Steven Heilbron, for the period from January 1, 2023 to June 30, 2025.

Lesaka enters new employment arrangement with Steven Heilbron to June 2025

JOHANNESBURG, South Africa, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced that Chris Meyer, Group CEO, will participate in a virtual panel discussion at the Credit Suisse 2022 European Private and Public Companies Financial Disruption Conference on Thursday, November 17, 2022 at 11:00 am South Africa Standard Time (SAST), which is 9:00 am Greenwich Mean Time (GMT) and 4:00 am Eastern Standard Time (EST).

Lesaka to Participate at Credit Suisse 2022 European Private and Public Companies Financial Disruption Conference

Lesaka Technologies, Inc. (NASDAQ:LSAK ) Q1 2023 Earnings Conference Call November 9, 2022 8:00 AM ET Company Participants Chris Meyer - Group Chief Executive Officer Steven Heilbron - Chief Executive Officer, Connect Group, Director Lincoln Mali - Chief Executive Officer, Southern Africa Naeem Kola - Group Chief Financial Officer Conference Call Participants Raj Sharma - B. Riley Frank Geng - Briarwood Chase Operator Hello everyone, and welcome to the Lesaka Fiscal First quarter 2023 Webcast and Conference Call.

Lesaka Technologies, Inc. (LSAK) Q1 2023 Earnings Call Transcript

Lesaka Technologies (LSAK) delivered earnings and revenue surprises of -112.50% and 2.68%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Lesaka Technologies (LSAK) Reports Q1 Loss, Tops Revenue Estimates

JOHANNESBURG--(BUSINESS WIRE)--Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the first quarter ended September 30, 2022 (“Q1 2023”).

Lesaka Reports First Quarter 2023 Results

JOHANNESBURG, South Africa, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced it will release first quarter 2023 results after the U.S. market close on November 8, 2022. Lesaka management will host a presentation webcast and conference call on November 9, 2022, at 8:00 a.m. Eastern Time to review these results.

Lesaka to Host Webcast and Conference Call to Review First Quarter 2023 Results

Lesaka offers merchants and consumers in Southern Africa a fintech platform with cash management, payment, and financial services. Further new products and acquisitions, internationalization, and economies of scale from the existing acquisitions could imply a valuation of $9.45 per share.

Lesaka Technologies: Recent Acquisition Could Imply Larger Valuations

JOHANNESBURG, South Africa, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today provides financial guidance for the year ended June 30, 2023 (“FY23”) and clarifies that its shelf registration statement on Form S-3 filed on September 9, 2022 with the United States Securities and Exchange Commission (“SEC”) was the routine renewal of its previously effective registration statement on Form S-3, which expired in December 2021.

Lesaka Provides Financial Guidance for Fiscal Year 2023 and Provides Clarity Regarding Shelf Registration Statement

JOHANNESBURG, South Africa, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced that Mr. Ian. O. Greenstreet has advised the Company that he will not stand for re-election at the Company's next annual meeting expected to be held in November 2022.

Lesaka announces that Ian Greenstreet will not stand for re-election at next AGM

Lesaka Technologies, Inc. (NASDAQ:LSAK ) Q4 2022 Earnings Conference Call September 12, 2022 8:00 AM ET Company Participants Bronwyn Nielsen - The Nielsen Network Chris Meyer - Group Chief Executive Officer Steve Heilbron - Head Of Merchant Business, and Chief Executive Officer of the Connect Group Lincoln Mali - South African Chief Executive Officer Naeem Kola - Group Chief Financial Officer Conference Call Participants Raj Sharma - B. Riley Jarred Houston - All Weather Capital Operator Hello everyone, and welcome to the Lesaka Fiscal Fourth Quarter and Year-End 2022 Earnings Webcast and Conference Call.

Lesaka Technologies, Inc. (LSAK) Q4 2022 Earnings Call Transcript

Lesaka Technologies (LSAK) delivered earnings and revenue surprises of -12.50% and 31.98%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Lesaka Technologies (LSAK) Reports Q4 Loss, Tops Revenue Estimates

JOHANNESBURG, South Africa, Sept. 09, 2022 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the fourth fiscal quarter and year ended June 30, 2022.

Lesaka Reports Fourth Quarter 2022 Results

JOHANNESBURG, South Africa, Sept. 02, 2022 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced that Chris Meyer, Group CEO and Naeem Kola, Group CFO will participate in-person at the H.C. Wainright 24th Annual Global Investment Conference on Wednesday, September 14, 2022 and the UBS Fintech Conference on Thursday, September 15, 2022 in New York City. The Company will be hosting one-on-one meetings at both conferences.

Lesaka to Participate at Upcoming Conferences in New York City in Mid-September 2022

JOHANNESBURG, South Africa, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced it will release fourth quarter and year-end 2022 results after the U.S. market close on September 9, 2022. Lesaka management will host a presentation webcast and conference call on September 12, 2022, at 8:00 a.m. Eastern Time to review these results.

Lesaka to Host Webcast and Conference Call to Review Fourth Quarter and Year-End 2022 Results

JOHANNESBURG, South Africa, Aug. 10, 2022 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced that its management team will participate at the 4th Annual Needham Virtual FinTech & Digital Conference on Wednesday, August 17, 2022. Participating in the 1x1 meetings will be Chris Meyer, Group CEO; Naeem Kola, CFO; Lincoln Mali, CEO Southern Africa; and Steven Heilbron, CEO Connect Group.

Lesaka to Participate at the 4th Annual Needham Virtual FinTech & Digital Transformation 1x1 Conference

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Lesaka Released Connect Group Historical Results and Unaudited Pro Forma Financial Statements

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