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Lesaka TechnologiesNASDAQ: LSAK

Profile

Sector:

Technology

Country:

South Africa

IPO:

19 April 1999

Next earnings report:

06 February 2025

Last dividends:

N/A

Next dividends:

N/A
$411.16 M
-8%vs. 3y high
43%vs. sector
-vs. 3y high
-vs. sector
-8%vs. 3y high
38%vs. sector
-72%vs. 3y high
20%vs. sector

Price

regular market | 11 min ago
$5.27-$0.05(-0.94%)

Dividend

No data over the past 3 years
$145.55 M$139.83 M
$145.55 M-$4.54 M

Analysts recommendations

Institutional Ownership

LSAK Latest News

Lesaka to acquire prepaid electricity submetering and payments business Recharger, expanding alternative payments offering
globenewswire.com19 November 2024 Sentiment: POSITIVE

JOHANNESBURG, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) (“Lesaka” or the “Company”) today announced that it has signed a definitive agreement to acquire 100% of the issued and outstanding ordinary shares of Recharger (Pty) Ltd (“Recharger”), a South African prepaid electricity submetering and payments business. The purchase consideration of ZAR 507 million ($28 million translated at the average exchange rate of $1: ZAR 18.06 as of November 18, 2024) will be paid over two tranches with the first tranche settled at closing and the second tranche a year later.

Here's Why 'Trend' Investors Would Love Betting on Lesaka Technologies (LSAK)
zacks.com13 November 2024 Sentiment: POSITIVE

Lesaka Technologies (LSAK) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Lesaka Technologies, Inc. (LSAK) Q1 2025 Earnings Call Transcript
seekingalpha.com08 November 2024 Sentiment: NEUTRAL

Lesaka Technologies, Inc. (NASDAQ:LSAK ) Q1 2025 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Ali Mazanderani - Executive Chairman Steven Heilbron - Head of Mergers and Acquisitions, and Corporate Development Lincoln Mali - CEO Southern Africa Dan Smith - Chief Financial Officer Naeem Kola - Chief Operating Officer Bronwyn Nielsen - The Nielsen Network Conference Call Participants Raj Sharma - B. Reily Securities Theo O'Neill - LHR Research Sven Thorsden - Anchor Securities Jarred Houston - All Weather Capital Bronwyn Nielsen Hello everyone and welcome to the Lesaka Technologies webcast and conference call for the first quarter of fiscal 2025.

Lesaka Technologies (LSAK) Reports Q1 Loss, Tops Revenue Estimates
zacks.com06 November 2024 Sentiment: NEUTRAL

Lesaka Technologies (LSAK) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.09 per share a year ago.

Lesaka to Host Webcast and Conference Call to Review First Quarter 2025 Results
globenewswire.com07 October 2024 Sentiment: POSITIVE

JOHANNESBURG, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS: LSAK; JSE: LSK) today announced it will release first quarter 2025 results after the U.S. market close on November 6, 2024. Lesaka management will host a presentation webcast and conference call on November 7, 2024, at 8:00 a.m. Eastern Time (“EST”), which is 3:00 p.m. South Africa Standard Time (“SAST”), to review these results.

Lesaka completes the acquisition of Adumo, cementing its position as the leading independent fintech in Southern Africa
globenewswire.com02 October 2024 Sentiment: POSITIVE

JOHANNESBURG, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (Nasdaq: LSAK; JSE: LSK) today announced it has completed its acquisition of Adumo RF (Pty) Ltd (“Adumo”). The transaction was settled through the issuance of 17,279,803 shares of Lesaka's common stock and a cash payment ZAR 232.2 million ($13.4 million), implying a total purchase consideration of ZAR 1.67 billion ($96.2 million) using Lesaka's October 1, 2024, closing price on the Johannesburg Stock Exchange of ZAR 83.05 per share. All amounts in this release have been translated to U.S. dollars at the October 1, 2024, closing exchange rate of $1: ZAR 17.34.

Lesaka Technologies (LSAK) Surges 6.3%: Is This an Indication of Further Gains?
zacks.com26 September 2024 Sentiment: POSITIVE

Lesaka Technologies (LSAK) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Lesaka Technologies: This African Fintech Remains Poised For Another Breakout
seekingalpha.com12 September 2024 Sentiment: POSITIVE

Lesaka Technologies, a South Africa-based fintech, has surged by more than 54% year-to-date, as turnaround efforts have resulted in steady improvement to operating performance. However, given a bevy of potential catalysts, including the prospect of cost and growth synergies from an upcoming acquisition, point to further improvement ahead. If results for the current fiscal year meet even the low end of guidance, it may prove sufficient to a further move higher for LSAK stock.

Lesaka Technologies (LSAK) Reports Q4 Loss, Lags Revenue Estimates
zacks.com11 September 2024 Sentiment: NEGATIVE

Lesaka Technologies (LSAK) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to loss of $0.19 per share a year ago.

Lesaka achieves its profitability guidance for FY 2024 and provides significantly higher profitability guidance for FY 2025
globenewswire.com11 September 2024 Sentiment: POSITIVE

JOHANNESBURG, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the fourth quarter (“Q4 2024”) and year ended June 30, 2024 (“FY 2024”).

  • 1(current)

What type of business is Lesaka Technologies?

Lesaka Technologies, Inc. operates as a Fintech company, provides financial services solutions and software in Southern Africa. The company operates through two divisions, B2C Consumer and B2B Merchant Division. It operates a full-service platform that offers a range of solutions, including transactional accounts, lending, insurance, cash management, card acceptance, supplier payments, software services, and bill payments, as well as payment solutions and value added services. The company also engages in the sale of POS devices, SIM cards, and other consumables; and licenses of right to use certain technology developed by the company. It provides its services to formal and informal consumers, micro-merchants, merchants, and enterprise clients. The company was formerly known as Net 1 UEPS Technologies, Inc. and changed its name to Lesaka Technologies, Inc. in May 2022. Lesaka Technologies, Inc. was incorporated in 1997 and is headquartered in Johannesburg, South Africa.

What sector is Lesaka Technologies in?

Lesaka Technologies is in the Technology sector

What industry is Lesaka Technologies in?

Lesaka Technologies is in the Software Infrastructure industry

What country is Lesaka Technologies from?

Lesaka Technologies is headquartered in South Africa

When did Lesaka Technologies go public?

Lesaka Technologies initial public offering (IPO) was on 19 April 1999

What is Lesaka Technologies website?

https://www.lesakatech.com

Is Lesaka Technologies in the S&P 500?

No, Lesaka Technologies is not included in the S&P 500 index

Is Lesaka Technologies in the NASDAQ 100?

No, Lesaka Technologies is not included in the NASDAQ 100 index

Is Lesaka Technologies in the Dow Jones?

No, Lesaka Technologies is not included in the Dow Jones index

When was Lesaka Technologies the previous earnings report?

No data

When does Lesaka Technologies earnings report?

The next expected earnings date for Lesaka Technologies is 06 February 2025