LESAKA TECHNOLOGIES INC LSAK
in a fast and secure manner.
together within the Lesaka ecosystem by enabling them to engage and transact with each other in a
manner.
locations and then digitizing any cash payments they receive through one of our cloud-connected cash vaults or recycling the cash via
Last close
4.52
2026-09-04
Market cap
$387.5M
2026-03-31 share count
52-week range
3.62 - 5.54
Valuation FY2025 figures against the last close
P/S0.6x
P/E—
P/FCF—
EV/EBITDA77.3x
Dividend yield—
Diluted EPS-1.14
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $659.7M | $564.2M | $528.0M | $222.6M | $130.8M | $144.3M | $160.6M | $459.6M | $610.1M | $590.7M |
| Cost of revenue | $486.5M | $442.7M | $417.5M | $168.3M | $96.2M | $102.3M | $124.1M | $243.6M | $292.4M | $290.1M |
| Gross profit | $173.2M | $121.5M | $110.4M | $54.3M | $34.5M | $42.0M | $36.5M | $216.0M | $317.7M | $300.6M |
| R&D | $500.0K | $500.0K | $500.0K | $500.0K | $300.0K | $1.6M | $700.0K | $800.0K | $2.0M | $2.3M |
| SG&A | $131.5M | $92.0M | $95.0M | $75.0M | $84.1M | $75.3M | $144.9M | $130.8M | $179.3M | $145.9M |
| Operating income | -$27.1M | $3.6M | -$15.3M | -$40.2M | -$53.9M | -$44.2M | -$134.9M | $53.8M | $97.0M | $114.4M |
| Interest expense | — | — | — | — | — | — | — | $8.9M | $3.5M | $3.4M |
| Pre-tax income | -$105.9M | -$12.8M | -$32.3M | -$39.9M | -$5.6M | -$65.0M | -$319.4M | $94.6M | $114.5M | $126.2M |
| Income tax | $18.2M | $3.4M | $2.3M | $327.0K | $7.6M | $2.7M | $5.1M | $45.1M | $42.5M | $42.1M |
| Net income | -$87.5M | -$17.4M | -$35.1M | -$43.9M | -$38.1M | -$78.4M | -$311.0M | $62.1M | $73.1M | $82.5M |
| EPS, basic | -1.14 | -0.27 | -0.56 | -0.75 | -0.67 | -1.37 | -5.48 | 1.10 | 1.34 | 1.72 |
| EPS, diluted | -1.14 | -0.27 | -0.56 | -0.75 | -0.67 | -1.37 | -5.48 | 1.09 | 1.33 | 1.71 |
| Shares, diluted (wtd. avg.) | $73.9M | $61.3M | $60.1M | $57.2M | $56.6M | $56.0M | $56.0M | $55.9K | $54.1M | $47.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $76.5M | $59.1M | $35.5M | $104.8M | $223.8M | $232.5M | $121.5M | $90.1M | $258.5M | $223.6M |
| Receivables | — | — | — | — | — | — | — | $109.7M | $111.4M | $107.8M |
| Inventory | $23.6M | $18.2M | $27.3M | $34.2M | $22.4M | $19.9M | $5.7M | $10.4M | $8.0M | $10.0M |
| Total current assets | $243.9M | $187.7M | $163.6M | $217.7M | $294.3M | $319.3M | $295.6M | $426.8M | $1.11B | $923.7M |
| Property, plant and equipment | $44.9M | $31.9M | $27.4M | $24.6M | $7.5M | $6.7M | $8.2M | $25.7M | $39.4M | $55.0M |
| Goodwill | $199.4M | $138.6M | $133.7M | $162.7M | $29.2M | $24.2M | $37.3M | $52.8M | $75.6M | $179.5M |
| Other intangibles | $139.2M | $111.4M | $121.6M | $156.7M | $357.0K | $612.0K | $2.2M | $27.1M | $38.8M | $48.6M |
| Total assets | $653.7M | $558.5M | $542.2M | $656.6M | $428.3M | $453.7M | $670.2M | $1.22B | $1.45B | $1.26B |
| Accounts payable | $19.9M | $16.7M | $12.4M | $18.6M | $7.1M | $6.3M | $9.9M | $21.1M | $15.1M | $14.1M |
| Short-term debt | $12.0M | $15.7M | $3.7M | $141.6M | $0 | — | — | $44.1M | $8.7M | $8.7M |
| Total current liabilities | $160.5M | $129.9M | $101.9M | $145.9M | $52.5M | $71.3M | $238.1M | $282.5M | $721.3M | $602.2M |
| Long-term debt | $188.8M | $127.5M | $133.1M | $134.8M | $0 | — | — | $5.5M | $7.5M | $43.1M |
| Total liabilities | $392.3M | $303.2M | $283.3M | $342.2M | $67.4M | $78.5M | $245.2M | $372.7M | $742.7M | $660.3M |
| Retained earnings | $222.7M | $310.2M | $327.7M | $362.7M | $406.6M | $444.7M | $523.0M | $836.2M | $773.3M | $700.3M |
| Total equity | $165.6M | $175.9M | $179.5M | $234.9M | $276.0M | $290.2M | $317.3M | $734.9M | $598.8M | $494.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$9.1M | $28.8M | $410.0K | -$37.2M | -$58.4M | -$46.0M | -$4.5M | $132.3M | $97.2M | $116.6M |
| Depreciation and amortisation | $33.7M | $23.7M | $23.7M | $7.6M | $4.3M | $13.3M | $37.3M | $35.5M | — | — |
| Stock-based compensation | $9.6M | $7.9M | $7.3M | $3.0M | $344.0K | $1.7M | $393.0K | $2.6M | $2.0M | $3.6M |
| Capital expenditure | $17.2M | $12.7M | $16.2M | $4.6M | $4.3M | $5.9M | $9.4M | $9.6M | $11.2M | $35.8M |
| Investing cash flow | -$11.3M | -$16.4M | -$16.5M | -$193.7M | $47.8M | $223.1M | $64.5M | $180.7M | -$114.1M | -$5.8M |
| Financing cash flow | $29.7M | -$7.1M | -$19.1M | $122.3M | -$13.1M | -$48.8M | -$24.7M | -$473.5M | $40.5M | $13.6M |
| Buybacks | $13.7M | $1.5M | $1.3M | $0 | $0 | — | — | — | $45.8M | $26.6M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001562762-26-000013.
Others in SIC 6099
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| EEFT | EURONET WORLDWIDE, INC. | $2.76B | 10.8x | 6.4% |
| USIO | Usio, Inc. | $78.4M | — | 3.0% |