Lesaka Technologies Achieves Year-on-Year Growth
Lesaka Technologies, Inc. (NASDAQ: LSAK; JSE: LSK) announced impressive results for its fourth quarter and full fiscal year. The company reported a revenue of $659.7 million for FY2025, reflecting a 14% increase compared to the previous year in South African Rand (ZAR). Significant strides in key performance indicators solidify Lesaka’s strong operational trajectory.
FY2025 Financial Highlights
Lesaka’s annual report revealed several noteworthy metrics:
- Net revenue (non-GAAP) surged to $328.7 million, marking a robust 38% year-on-year growth.
- Despite a net loss of $87.5 million, the company achieved a group adjusted EBITDA of $50.7 million, up 33%.
- Basic loss per share was recorded at $1.14.
- Adjusted earnings stood at $10.4 million, reflecting a remarkable 263% growth on a year-on-year basis.
- Consumer segment net revenue reached $96.0 million, an impressive 35% increase, with adjusted EBITDA of $23.9 million, climbing 83%.
Q4 2025 Performance Overview
In its fourth quarter, Lesaka reported:
- Revenue stood at $168.5 million, an increase of 14% from Q4 2024.
- Net revenue rose sharply to $82 million, up 47% year-on-year.
- Group adjusted EBITDA increased significantly by 61%, reaching $16.7 million.
- Basic loss per share was reported at $0.35.
Forward Guidance for FY2026
Moving forward, Lesaka anticipates strong performance in FY2026:
- Projected net revenue is expected to range between ZAR 6.4 billion and ZAR 6.9 billion.
- Group adjusted EBITDA is forecasted to be between ZAR 1.25 billion and ZAR 1.45 billion.
- Adjusted earnings per share guidance is set at a minimum of ZAR 4.60, which would indicate over 100% year-on-year growth.
The guidance reflects confidence in maintaining momentum from FY2025 as the company continues to expand its fintech offerings.
About Lesaka Technologies Inc.
Lesaka Technologies is a prominent fintech enterprise committed to delivering innovative financial solutions to underserved consumers and merchants in Southern Africa. Their integrated platform encompasses transactional accounts, lending, insurance, merchant acquiring, and other vital services. With its dual listing on NASDAQ (NASDAQ: LSAK) and the Johannesburg Stock Exchange (JSE: LSK), Lesaka is also focused on continuing its growth trajectory through strategic investments and operational enhancements.
Frequently Asked Questions
1. What is the revenue growth for Lesaka in FY2025?
Lesaka Technologies recorded a revenue of $659.7 million for FY2025, representing a 14% increase compared to FY2024.
2. What does the company project for FY2026?
Lesaka aims for net revenue between ZAR 6.4 billion and ZAR 6.9 billion, with adjusted earnings per share expected to be at least ZAR 4.60.
3. Which markets does Lesaka Technologies operate in?
Lesaka operates primarily in Southern Africa, focusing on financial services for consumers and merchants.
4. How does Lesaka define its net revenue?
Net revenue is a non-GAAP measure that is calculated as revenue under GAAP minus the cost of prepaid airtime vouchers sold and third-party commissions for agency products.
5. Where can investors find more information about Lesaka?
Investors can visit Lesaka's official website at www.lesakatech.com for more information regarding their services and financial updates.
