Lesaka Q1 revenue $136.1M, returns to operating profitability

LESAKA TECHNOLOGIES INC

2024-Q1 EPS reported -$0.09 revenue$136,089,000

Revenue $136.1M (up 9% USD, 19% ZAR YoY); operating income $0.2M vs loss of $4.7M YoY.
Net loss narrowed to $5.7M from $10.7M YoY; Group Adjusted EBITDA $8.7M, up 108% USD.
Merchant Division Segment EBITDA $8.1M; Consumer Division third consecutive profitable quarter at $2.5M.
Net cash from operations $3.4M vs use of $7.7M in prior year; fiscal 2024 guidance reaffirmed.
CEO cites return to profitability milestone and resilience in South Africa's informal economy.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

LESAKA TECHNOLOGIES INC reported first quarter ended September 30, 2023 results: revenue $136.1 million. Guidance reaffirmed.

Period: first quarter ended September 30, 2023
Revenue: $136.1 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the first quarter ended September 30, 2023 ("Q1 2024"). Performance Highlights for Q1 2024 : Revenue of $136.1 million (ZAR 2.5 billion) 1 in Q1 2024, compared to $124.8 million (ZAR 2.1 billion) 1 for the first quarter ended September 30, 2022 ("Q1 2023"). In South African Rand ("ZAR") revenue

View on SEC.gov

Browse all earnings releases →

LESAKA TECHNOLOGIES INC filing history →

Source: SEC EDGAR

accession 0001062993-23-020260

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.