---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-25-015499"
form_type: "8-K"
ticker: "LSAK"
cik: "0001041514"
company_name: "LESAKA TECHNOLOGIES INC"
filed_at: "2025-09-10T23:59:59+00:00"
generated_at: "2026-05-17T06:57:25.853002+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Lesaka reports FY2025 Adjusted EBITDA $50.7M (up 33%); guides FY2026 for >100% adjusted EPS growth

## Summary
- FY2025 Net Revenue (non-GAAP) $328.7M, up 38% in ZAR; Group Adjusted EBITDA $50.7M, up 33%.
- Q4 FY2025 Net Revenue $82.0M (up 47% in ZAR); Group Adjusted EBITDA $16.7M (up 61%).
- Net Loss $87.5M includes $49.3M non-cash charge on MobiKwik fair value change and $18.4M impairment.
- FY2026 guidance: Net Revenue ZAR 6.4B-6.9B; Adjusted EBITDA ZAR 1.25B-1.45B; Adjusted EPS at least ZAR 4.60 (>100% YoY growth).
- Restating prior Q1-Q3 FY2025 revenue classification (agent vs principal); no impact on net income or cash flows.

## SEC filing metadata
- accession: 0001062993-25-015499
- form_type: 8-K
- ticker: LSAK
- cik: 0001041514
- company_name: LESAKA TECHNOLOGIES INC
- filed_at: 2025-09-10T23:59:59+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/1041514/000106299325015499/0001062993-25-015499-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-25-015499
- JSON: https://secwatch.observer/filing/0001062993-25-015499.json
- Plain text: https://secwatch.observer/filing/0001062993-25-015499.txt

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