earnings
confidence high
sentiment positive
materiality 0.70
Lesaka Q4 revenue up 9% to $133.1M; net loss narrows to $11.9M
LESAKA TECHNOLOGIES INC
- Revenue $133.1M (+9% YoY; +32% constant currency) for Q4 ended June 30, 2023, exceeding upper end of guidance.
- Net loss $11.9M vs $15.1M YoY, including $7.0M non-cash impairment and $3.6M PPA amortization.
- Group Adjusted EBITDA $8.4M (+115% YoY); Merchant Segment EBITDA $8.2M, Consumer EBITDA $2.5M (third consecutive profit).
- Operating cash flow positive $9.8M in Q4 vs ($6.7M) YoY; full-year revenue $528.0M (+137% YoY).
- CEO cites successful Consumer turnaround and Connect Group integration as drivers.