Announcement • Apr 01
Lesaka Technologies, Inc. to Report Q3, 2026 Results on May 06, 2026 Lesaka Technologies, Inc. announced that they will report Q3, 2026 results on May 06, 2026 Announcement • Feb 06
Lesaka Technologies, Inc. Provides Financial Guidance for the Third Quarter Ending March 31, 2026 and Reaffirms Financial Guidance for the Year Ending June 30, 2026 Lesaka Technologies, Inc. provided financial guidance for the third quarter ending March 31, 2026 and reaffirms financial guidance for the year ending June 30, 2026. For the third quarter, the company expects Net Revenue between ZAR 1.65 billion and ZAR 1.80 billion.
For the year, the company expects Net Revenue between ZAR 6.4 billion and ZAR 6.9 billion; Net Income Attributable to Lesaka to be positive. Announcement • Dec 12
Lesaka Technologies, Inc. to Report Q2, 2026 Results on Feb 04, 2026 Lesaka Technologies, Inc. announced that they will report Q2, 2026 results After-Market on Feb 04, 2026 Announcement • Nov 07
Lesaka Technologies, Inc. Provides Earnings Guidance for the Second Quarter Ending December 31, 2025 and Reaffirms Earnings Guidance for the Year Ending June 30, 2026 Lesaka Technologies, Inc. provided earnings guidance for the second quarter ending December 31, 2025 and reaffirmed earnings guidance for the year ending June 30, 2026. For the quarter ending December 31, 2025, the company expected net revenue between ZAR 1.575 billion and ZAR 1.725 billion.
For the year ending June 30, 2026, the company reaffirmed net revenue between ZAR 6.4 billion and ZAR 6.9 billion. Net Income Attributable to Lesaka to be positive. Announcement • Oct 30
Lesaka Technologies, Inc., Annual General Meeting, Dec 08, 2025 Lesaka Technologies, Inc., Annual General Meeting, Dec 08, 2025. Location: president place, 6th floor, cnr. jan smuts avenue and bolton road, rosebank, johannesburg South Africa Announcement • Oct 07
Lesaka Technologies, Inc. to Report Q1, 2026 Results on Nov 05, 2025 Lesaka Technologies, Inc. announced that they will report Q1, 2026 results After-Market on Nov 05, 2025 Announcement • Sep 17
Lesaka Technologies, Inc. announced delayed annual 10-K filing On 09/16/2025, Lesaka Technologies, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Announcement • Sep 12
Lesaka Technologies, Inc. Provides Earnings Guidance for the First Quarter Ending September 30, 2025 and Year Ending June 30, 2026 Lesaka Technologies, Inc. provided earnings guidance for the first quarter ending September 30, 2025 and year ending June 30, 2026. For the quarter ending September 30, 2025, the company expects Net Revenue between ZAR 1.50 billion and ZAR 1.65 billion.
For the year ending June 30, 2026, the company expects Net Revenue between ZAR 6.4 billion and ZAR 6.9 billion and Net Income Attributable to Lesaka to be positive. Announcement • Jul 10
Lesaka Technologies, Inc. to Report Q4, 2025 Results on Sep 03, 2025 Lesaka Technologies, Inc. announced that they will report Q4, 2025 results After-Market on Sep 03, 2025 Announcement • May 08
Lesaka Technologies, Inc. Reaffirms Earnings Guidance for the Year Ending June 30, 2025 and Provides Earnings Guidance for the Year Ending June 30, 2026 Lesaka Technologies, Inc. reaffirmed earnings guidance for the year ending June 30, 2025 and provided earnings guidance for the year ending June 30, 2026. For the year 2025, the company expects Revenue between ZAR 10.0 billion and ZAR 11.0 billion. Net Revenue between ZAR 5.2 billion and ZAR 5.6 billion.
For the year 2026, the company expects Revenue between ZAR 11.4 billion and ZAR 12.2 billion. Net Revenue between ZAR 6.4 billion and ZAR 6.9 billion. Announcement • Apr 09
Lesaka Technologies, Inc. to Report Q3, 2025 Results on May 07, 2025 Lesaka Technologies, Inc. announced that they will report Q3, 2025 results After-Market on May 07, 2025 Announcement • Feb 06
Lesaka Technologies, Inc. Provides Earnings Guidance for the Third Quarter Ending March 31, 2025 and Reaffirms Earnings Guidance for the Year Ending June 30, 2025 Lesaka Technologies, Inc. provided earnings guidance for the third quarter ending March 31, 2025 and reaffirmed earnings guidance for the year ending June 30, 2025. For the quarter, the company expected Revenue between ZAR 2.4 billion and ZAR 2.6 billion and Net Revenue between ZAR 1.3 billion and ZAR 1.5 billion.
For the year, the company expected Revenue between ZAR 10.0 billion and ZAR 11.0 billion and Net Revenue between ZAR 5.2 billion and ZAR 5.6 billion. Announcement • Dec 17
Lesaka Technologies, Inc. to Report Q2, 2025 Results on Feb 05, 2025 Lesaka Technologies, Inc. announced that they will report Q2, 2025 results on Feb 05, 2025 Announcement • Nov 15
Lesaka Technologies, Inc. Appoints S. Venessa Naidoo as Director Lesaka Technologies, Inc. announced election of S. Venessa Naidoo as Director, at the AGM held on November 14, 2024. Reported Earnings • Nov 09
First quarter 2025 earnings released: US$0.07 loss per share (vs US$0.089 loss in 1Q 2024) First quarter 2025 results: US$0.07 loss per share (improved from US$0.089 loss in 1Q 2024). Revenue: US$145.5m (up 6.9% from 1Q 2024). Net loss: US$4.54m (loss narrowed 16% from 1Q 2024). Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Diversified Financial industry in Germany. Announcement • Nov 07
Lesaka Technologies, Inc. Provides Earnings Guidance for the Second Quarter Ending December 31, 2024 and Fiscal Year Ending June 30, 2025 Lesaka Technologies, Inc. provided earnings guidance for the second quarter ending December 31, 2024 and fiscal year ending June 30, 2025. For the quarter, the company expected revenue to be between ZAR 2.4 billion and ZAR 2.6 billion.
For the year, the company expected revenue to be between ZAR 10.0 billion and ZAR 11.0 billion. New Risk • Oct 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (US$7.8m net loss next year). Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Announcement • Oct 08
Lesaka Technologies, Inc. to Report Q1, 2025 Results on Nov 06, 2024 Lesaka Technologies, Inc. announced that they will report Q1, 2025 results After-Market on Nov 06, 2024 Announcement • Oct 05
Lesaka Technologies, Inc. Announces Resignation of Directors Lesaka Technologies, Inc. announced that Messrs. Hamid, Meyer and Nkosi are not standing for re-election at the Annual Meeting. Mr. Hamid resigned effective September 30, 2024, and Messrs. Meyer and Nkosi resigned effective October 1, 2024. Announcement • Oct 03
Lesaka Technologies, Inc., Annual General Meeting, Nov 14, 2024 Lesaka Technologies, Inc., Annual General Meeting, Nov 14, 2024. Location: president place, 6th floor, cnr. jan smuts avenue and bolton road, rosebank,2196, johannesburg South Africa Announcement • Sep 12
Lesaka Technologies, Inc. Provides Earnings Guidance for the First Quarter Ending September 30, 2024 and Fiscal Year Ending June 30, 2025 Lesaka Technologies, Inc. provided earnings guidance for the first quarter ending September 30, 2024 and fiscal year ending June 30, 2025. For the quarter, the company expected revenue to be between ZAR 2.5 billion and ZAR 2.7 billion.
For the year, the company expected revenue to be between ZAR 10.0 billion and ZAR 11.0 billion. Announcement • Jul 18
Lesaka Technologies, Inc. to Report Q4, 2024 Results on Sep 04, 2024 Lesaka Technologies, Inc. announced that they will report Q4, 2024 results After-Market on Sep 04, 2024 Recent Insider Transactions • Jun 26
Non-Executive Director recently sold €354k worth of stock On the 24th of June, Christopher Meyer sold around 81k shares on-market at roughly €4.35 per share. This transaction amounted to 8.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €632k more than they sold in the last 12 months. Announcement • May 10
Lesaka Technologies, Inc. Reaffirms Earnings Guidance for the Year 2024 Lesaka Technologies, Inc. reaffirmed earnings guidance for the year 2024. The company re-affirms revenue between ZAR 10.7 billion and ZAR 11.7 billion. Reported Earnings • May 09
Third quarter 2024 earnings released: US$0.06 loss per share (vs US$0.091 loss in 3Q 2023) Third quarter 2024 results: US$0.06 loss per share (improved from US$0.091 loss in 3Q 2023). Revenue: US$138.2m (up 3.2% from 3Q 2023). Net loss: US$4.05m (loss narrowed 28% from 3Q 2023). Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Diversified Financial industry in Germany. Announcement • May 08
Lesaka Technologies, Inc. (NasdaqGS:LSAK) agreed to acquire Adumo (RF) Pty Ltd from Apis Partners LLP, Apis Growth Fund I, L.P., International Finance Corporation, IFC Financial Institutions Growth Fund, LP, Adumo management and Crossfin Technology Holdings for ZAR 1.6 billion. Lesaka Technologies, Inc. (NasdaqGS:LSAK) signed a definitive agreement to acquire Adumo (RF) Pty Ltd from Apis Growth Fund I, a private equity fund managed by Apis Partners LLP, International Finance Corporation, IFC Financial Institutions Growth Fund, LP, Adumo management and Crossfin Technology Holdings for ZAR 1.6 billion on May 7, 2024. The consideration consists of ZAR 1.358 billion in common equity and ZAR 232 million in cash, funded by internal cash resources and external financing. The closing of the transaction is subject to customary closing conditions, including approval from the competition authorities of South Africa and Namibia, exchange control approval from the financial surveillance department of the South African Reserve Bank, Lesaka obtaining confirmation from FirstRand Bank Limited, Lesaka obtaining all necessary regulatory and shareholder approval,obtaining certain third-party consents. and approval of Adumo shareholders. The transaction is expected to close in the third calendar quarter of 2024. Rand Merchant Bank acted as financial advisor and Werksmans Attorneys Incorporating Jan S. de Villiers acted as legal advisor to Lesaka Technologies, Inc. (NasdaqGS:LSAK) and Webber Wentzel acted as legal advisor to Adumo (RF) Pty Ltd. Announcement • Mar 28
Lesaka Technologies, Inc. to Report Q3, 2024 Results on May 08, 2024 Lesaka Technologies, Inc. announced that they will report Q3, 2024 results After-Market on May 08, 2024 Reported Earnings • Feb 07
Second quarter 2024 earnings released: US$0.04 loss per share (vs US$0.11 loss in 2Q 2023) Second quarter 2024 results: US$0.04 loss per share (improved from US$0.11 loss in 2Q 2023). Revenue: US$143.9m (up 5.8% from 2Q 2023). Net loss: US$2.71m (loss narrowed 58% from 2Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Diversified Financial industry in Germany. Announcement • Feb 07
Lesaka Technologies, Inc. Provides Earnings Guidance for the Third Quarter Ending March 31, 2024 and Re-Affirms Earnings Guidance for the Year Ending June 30, 2024 Lesaka Technologies, Inc. provided earnings guidance for the third quarter ending March 31, 2024 and re-affirmed earnings guidance for the year ending June 30, 2024. For the third quarter, the company expects revenue between ZAR 2.7 billion and ZAR 2.8 billion.For the full fiscal year, the company expects revenue between ZAR 10.7 billion and ZAR 11.7 billion. New Risk • Feb 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.5% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (US$11m net loss next year). Share price has been volatile over the past 3 months (7.8% average weekly change). Shareholders have been diluted in the past year (4.5% increase in shares outstanding). Announcement • Feb 02
Lesaka Technologies, Inc. Announces Appointment of Gaelebale Gaele Manaka as Company Secretary Lesaka announce that Gaelebale 'Gaele' Manaka has joined the team as company secretary. Manaka brings with her a wealth of experience in the listed company secretarial environment from her previous positions at Growthpoint, Altron and Tsogo Sun over the past decade. Her proven track record of excellence in corporate governance reflects a steadfast commitment to fostering good governance practices and ensuring regulatory compliance. Her deep knowledge of King IV and The Companies Act, combined with her leadership skills, will ensure Lesaka develops and maintains best practice in corporate governance. Originally from Johannesburg, Manaka completed her studies at the University of South Africa, where she earned a Bachelor of Accounting Science degree. She also completed the CIS programme at The Chartered Governance Institute of Southern Africa and has recently completed her MBA. Announcement • Jan 09
Lesaka Technologies, Inc. to Report Q2, 2024 Results on Feb 06, 2024 Lesaka Technologies, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 06, 2024 Recent Insider Transactions • Dec 14
Independent Non-Executive Director recently bought €986k worth of stock On the 12th of December, Ali Mazanderani bought around 322k shares on-market at roughly €3.06 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €923k more in shares than they have sold in the last 12 months. Announcement • Nov 08
Lesaka Technologies, Inc. Provides Earnings Guidance for the Second Quarter Ending December 31, 2023 and Re-Affirms Earnings Guidance for the Year Ending June 30, 2024 Lesaka Technologies, Inc. provided earnings guidance for the second quarter ending December 31, 2023 and re-affirmed earnings guidance for the year ending June 30, 2024. For the quarter, the company expects revenue to be between ZAR 2.65 billion to ZAR 2.75 billion.For the full year, the company expects revenue to be between ZAR 10.7 billion to ZAR 11.7 billion. Reported Earnings • Nov 08
First quarter 2024 earnings released: US$0.09 loss per share (vs US$0.17 loss in 1Q 2023) First quarter 2024 results: US$0.09 loss per share (improved from US$0.17 loss in 1Q 2023). Revenue: US$136.1m (up 9.1% from 1Q 2023). Net loss: US$5.65m (loss narrowed 45% from 1Q 2023). Announcement • Oct 12
Lesaka Technologies, Inc. to Report Q1, 2024 Results on Nov 07, 2023 Lesaka Technologies, Inc. announced that they will report Q1, 2024 results After-Market on Nov 07, 2023 Announcement • Oct 02
Lesaka Technologies, Inc., Annual General Meeting, Nov 15, 2023 Lesaka Technologies, Inc., Annual General Meeting, Nov 15, 2023, at 09:00 US Eastern Standard Time. Location: principal executive offices located at President Place, 6th Floor, Cnr. Jan Smuts Avenue and Bolton Road, Rosebank Johannesberg South Africa Agenda: To elect twelve directors to serve until the next Annual Meeting of Shareholders and until their successors are duly elected and qualified; to ratify the selection of KPMG, Inc. as independent registered public accounting firm for the fiscal year ending June 30, 2024; to hold an advisory vote to approve executive compensation; to hold an advisory vote regarding whether an advisory vote on executive compensation will occur every one, two or three years; and to transact such other business and act upon any such other matters which may properly come before the annual meeting or any adjournment or postponement of the meeting. New Risk • Oct 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (US$17m net loss next year). Shareholders have been diluted in the past year (3.8% increase in shares outstanding). New Risk • Sep 14
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (US$17m net loss next year). Shareholders have been diluted in the past year (4.1% increase in shares outstanding). Announcement • Sep 13
Lesaka Technologies, Inc. Provides Earnings Guidance for the First Quarter Ending September 30, 2023 and Full Year Ending June 30, 2024 Lesaka Technologies, Inc. provided earnings guidance for the first quarter ending September 30, 2023 and full year ending June 30, 2024. For the first quarter, the company expects revenue between ZAR 2.50 billion and ZAR 2.55 billion.For the full year, the company expects revenue between ZAR 10.7 billion and ZAR 11.7 billion. Reported Earnings • Sep 13
Full year 2023 earnings released: US$0.56 loss per share (vs US$0.75 loss in FY 2022) Full year 2023 results: US$0.56 loss per share (improved from US$0.75 loss in FY 2022). Revenue: US$528.0m (up 137% from FY 2022). Net loss: US$35.1m (loss narrowed 18% from FY 2022). Announcement • Aug 11
Lesaka Technologies, Inc. to Report Q4, 2023 Results on Sep 12, 2023 Lesaka Technologies, Inc. announced that they will report Q4, 2023 results After-Market on Sep 12, 2023 Announcement • Jul 07
Lesaka Technologies, Inc. Appoints Venessa Naidoo as an Independent Non-Employee Director Lesaka Technologies, Inc. announced that it has appointed Ms. Venessa Naidoo as an independent non-employee director to its board as of July 1, 2023. Ms. Naidoo has been appointed as a member of the company’s audit committee. Ms. Naidoo brings a wealth of experience in finance, launching new technologies, managing rapid international growth, restructures, operating in emerging market economies and currencies, and delivering success in highly competitive environments. She is an experienced non-executive director and currently serves on the boards of both OUTsurance, a leading South African insurance company, and RFG Holdings Limited in South Africa. Ms. Naidoo is a Chartered Accountant (SA) and has completed the Harvard Business School and University of the Witwatersrand Senior Executive Programme. Reported Earnings • May 10
Third quarter 2023 earnings released: US$0.09 loss per share (vs US$0.058 loss in 3Q 2022) Third quarter 2023 results: US$0.09 loss per share (further deteriorated from US$0.058 loss in 3Q 2022). Revenue: US$134.0m (up 281% from 3Q 2022). Net loss: US$5.82m (loss widened 78% from 3Q 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 8.9% growth forecast for the Diversified Financial industry in Germany. Announcement • May 10
Lesaka Technologies, Inc. Provides Revenue Guidance for the Year 2023 Lesaka Technologies, Inc. provided revenue guidance for the year 2023. For the year, the company expects Revenue between ZAR 8.7 billion and ZAR 9.3 billion. Recent Insider Transactions • Mar 01
Director & CEO of Net1 Southern Africa recently sold €68k worth of stock On the 24th of February, Lincoln Mali sold around 16k shares on-market at roughly €4.26 per share. This transaction amounted to 4.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €383k more than they bought in the last 12 months. Reported Earnings • Feb 09
Second quarter 2023 earnings released: US$0.11 loss per share (vs US$0.22 loss in 2Q 2022) Second quarter 2023 results: US$0.11 loss per share (improved from US$0.22 loss in 2Q 2022). Revenue: US$136.1m (up 337% from 2Q 2022). Net loss: US$6.38m (loss narrowed 48% from 2Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 9.8% growth forecast for the IT industry in Germany. Announcement • Feb 08
Lesaka Technologies, Inc. Provides Revenue Guidance for Third Quarter 2023 and for the Full Fiscal Year Ended June 2023 Lesaka Technologies, Inc. provided revenue guidance for Third Quarter 2023 and for the full fiscal year ended June 2023. ForQ3 2023, the company expects revenue between ZAR 2.5 billion and ZAR 2.8 billion.For full fiscal year ended June 2023, the company expects revenue between ZAR 8.7 billion and ZAR 9.3 billion. Announcement • Jan 18
Lesaka Technologies, Inc. Announces Departure of Alex Smith as Chief Accounting Officer Lesaka Technologies, Inc. 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. Announcement • Jan 10
Lesaka Technologies, Inc. to Report First Half, 2023 Results on Feb 07, 2023 Lesaka Technologies, Inc. announced that they will report first half, 2023 results on Feb 07, 2023 Board Change • Nov 16
High number of new and inexperienced directors There are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. Independent Non-Employee Director Ekta Singh-Bushell is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 10
First quarter 2023 earnings released: US$0.17 loss per share (vs US$0.23 loss in 1Q 2022) First quarter 2023 results: US$0.17 loss per share (improved from US$0.23 loss in 1Q 2022). Revenue: US$124.8m (up 262% from 1Q 2022). Net loss: US$10.7m (loss narrowed 17% from 1Q 2022). Revenue is forecast to grow 31% p.a. on average during the next 2 years, compared to a 10% growth forecast for the IT industry in Germany. Announcement • Nov 10
Lesaka Technologies, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2023 Lesaka Technologies, Inc. provided earnings guidance for the second quarter and full year of 2023. For the quarter, the company expects revenue to between ZAR 2.0 billion and ZAR 2.3 billion.For the year, the company expects revenue to between ZAR 8.7 billion and ZAR 9.3 billion. Announcement • Oct 12
Lesaka Technologies, Inc. to Report Q1, 2023 Results on Nov 08, 2022 Lesaka Technologies, Inc. announced that they will report Q1, 2023 results After-Market on Nov 08, 2022 Announcement • Oct 01
Lesaka Technologies, Inc., Annual General Meeting, Nov 16, 2022 Lesaka Technologies, Inc., Annual General Meeting, Nov 16, 2022, at 09:00 US Eastern Standard Time. Location: President Place, 6th Floor, Cnr. Jan Smuts Avenue and Bolton Road Johannesburg 2196, South Africa Joannesburg South Africa Agenda: To elect eleven directors to serve until the next Annual Meeting of Shareholders and until their successors are duly elected and qualified; to ratify the selection of Deloitte & Touche (South Africa) as our independent registered public accounting firm for the fiscal year ending June 30, 2023; to hold an advisory vote to approve executive compensation; to approve the amendment and restatement of our current Amended and Restated Stock Incentive Plan to, among other things, (i) increase the number of shares of our common stock authorized for issuance by 2,500,000, and (ii) (iii) extend the duration of the plan to 2032; to transact such other business and act upon any such other matters which may properly come before the annual meeting or any adjournment or postponement of the meeting; and to consider other matters. Announcement • Sep 20
Lesaka Technologies, Inc. Provides Group Earnings Guidance for the Year Ended June 30, 2023 Lesaka Technologies, Inc. provided group earnings guidance for the year ended June 30, 2023. For the year, the company expects revenue for the group to be between $565 million to $600 million. Announcement • Sep 16
Lesaka Technologies, Inc. Announces That Ian Greenstreet Will Not Stand for Re-Election At Next AGM Lesaka Technologies, Inc. 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. Reported Earnings • Sep 11
Full year 2022 earnings released: US$0.75 loss per share (vs US$0.67 loss in FY 2021) Full year 2022 results: US$0.75 loss per share (further deteriorated from US$0.67 loss in FY 2021). Revenue: US$222.6m (up 70% from FY 2021). Net loss: US$43.0m (loss widened 14% from FY 2021). Announcement • Sep 10
Lesaka Technologies, Inc. Provides Revenue Guidance for the Three Months Ended September 2022 Lesaka Technologies, Inc. provided revenue guidance for the three months ended September 2022. For the period, the company expects revenue between $130 million and $133 million. Announcement • Aug 18
Lesaka Technologies, Inc. to Report Q4, 2022 Results on Sep 09, 2022 Lesaka Technologies, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Sep 09, 2022 Board Change • May 31
High number of new and inexperienced directors There are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. Independent Non-Employee Director Ekta Singh-Bushell is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.