---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-23-020260"
form_type: "8-K"
ticker: "LSAK"
cik: "0001041514"
company_name: "LESAKA TECHNOLOGIES INC"
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T13:05:08.162665+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lesaka Q1 revenue $136.1M, returns to operating profitability

## Summary
- 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.

## SEC filing metadata
- accession: 0001062993-23-020260
- form_type: 8-K
- ticker: LSAK
- cik: 0001041514
- company_name: LESAKA TECHNOLOGIES INC
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041514/000106299323020260/0001062993-23-020260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041514/000106299323020260/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-23-020260
- JSON: https://secwatch.observer/filing/0001062993-23-020260.json
- Plain text: https://secwatch.observer/filing/0001062993-23-020260.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041514/000106299323020260/0001062993-23-020260-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.