earnings
confidence high
sentiment positive
materiality 0.80
Lesaka posts first GAAP profit since 2022; FY26 adjusted EPS $0.39, up 210% YoY
LESAKA TECHNOLOGIES INC
- FY26 revenue $721.6M (+1.7% YoY); net revenue $374.9M (+20%); GAAP net income $2.8M vs $91.0M loss in FY25
- Adjusted EPS $0.39 vs $0.12 (up 210%); Group Adjusted EBITDA $75.7M (+41%); first full-year GAAP profitability since 2022
- Consumer segment revenue +38% to $142.6M; Enterprise revenue +62% to $74.7M; Merchant revenue -10% to $509.3M
- FY27 guidance: net revenue ZAR 7.0-7.7B, Adjusted EBITDA ZAR 1.45-1.60B, Adjusted EPS ZAR 7.50-8.50
- Medium-term target: Adjusted EPS CAGR >40% over next 3 years; Bank Zero acquisition pending SARB regulatory approval