COMPANY OF THE YEAR Why Walmart is Yahoo Finance's 2024 winner NasdaqGS - Nasdaq Real Time Price • USD Lesaka Technologies, Inc. (LSAK) Follow Compare 4.9100 -0.2100 (-4.02%) As of 11:27:54 AM EST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Is Gambling.com (GAMB) Outperforming Other Business Services Stocks This Year? Here is how Gambling.com Group Limited (GAMB) and Lesaka Technologies (LSAK) have performed compared to their sector so far this year. Are Business Services Stocks Lagging Gambling.com (GAMB) This Year? Here is how Gambling.com Group Limited (GAMB) and Lesaka Technologies (LSAK) have performed compared to their sector so far this year. Lesaka to acquire prepaid electricity submetering and payments business Recharger, expanding alternative payments offering JOHANNESBURG, Nov. 19, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) (“Lesaka” or the “Company”) today announced that it has signed a definitive agreement to acquire 100% of the issued and outstanding ordinary shares of Recharger (Pty) Ltd (“Recharger”), a South African prepaid electricity submetering and payments business. The purchase consideration of ZAR 507 million ($28 million translated at the average exchange rate of $1: ZAR 18.06 as of November 18, 2024) wil Lesaka gets green light to launch Employee Share Ownership Plan JOHANNESBURG, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) (“Lesaka” or the “Company”) shareholders voted on and approved the funding and issuance of shares to the Lesaka ESOP Trust at its annual general meeting. Lincoln Mali, CEO Southern Africa, said “We are very proud of the launch of our broad-based employee share ownership plan. Lesaka has been on a far-reaching transformation journey and our employees becoming shareholders is a significant and an imp Lesaka Technologies Inc (LSAK) Q1 2025 Earnings Call Highlights: Strong Consumer Growth and ... Lesaka Technologies Inc (LSAK) reports robust consumer segment performance and strategic advancements amid currency challenges and increased competition. Lesaka Technologies (LSAK) Reports Q1 Loss, Tops Revenue Estimates Lesaka Technologies (LSAK) delivered earnings and revenue surprises of -16.67% and 0.96%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? Lesaka Technologies: Fiscal Q1 Earnings Snapshot ROSEBANK, South Africa (AP) — Lesaka Technologies, Inc. LSAK) on Wednesday reported a loss of $4.5 million in its fiscal first quarter. The Rosebank, South Africa-based company said it had a loss of 7 cents per share. Lesaka Q1 2025 Results: Lesaka Continues Building Operational Momentum Achieving Revenue and Profitability Guidance JOHANNESBURG, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the first quarter of fiscal 2025 (“Q1 2025”). Q1 2025 performance: Revenue of $145.5 million (ZAR 2.6 billion) was at the mid-point of our revenue guidance and compares to $136.1 million (ZAR 2.5 billion) in Q1 2024.Operating loss of $0.05 million (ZAR 0.3 million) compares to operating income of $0.2 million (ZAR 4.2 million) in Q1 2024. The current quarter includes $1.7 Lesaka to Host Webcast and Conference Call to Review First Quarter 2025 Results JOHANNESBURG, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS: LSAK; JSE: LSK) today announced it will release first quarter 2025 results after the U.S. market close on November 6, 2024. Lesaka management will host a presentation webcast and conference call on November 7, 2024, at 8:00 a.m. Eastern Time (“EST”), which is 3:00 p.m. South Africa Standard Time (“SAST”), to review these results. Presentation webcast via Zoom:Link to access the result Lesaka completes the acquisition of Adumo, cementing its position as the leading independent fintech in Southern Africa JOHANNESBURG, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (Nasdaq: LSAK; JSE: LSK) today announced it has completed its acquisition of Adumo RF (Pty) Ltd (“Adumo”). The transaction was settled through the issuance of 17,279,803 shares of Lesaka’s common stock and a cash payment ZAR 232.2 million ($13.4 million), implying a total purchase consideration of ZAR 1.67 billion ($96.2 million) using Lesaka’s October 1, 2024, closing price on the Johannesburg Lesaka Technologies (LSAK) Surges 6.3%: Is This an Indication of Further Gains? Lesaka Technologies (LSAK) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term. Lesaka Technologies Inc (NASDAQ:LSAK) A Bull Case Theory We came across a bullish thesis on Lesaka Technologies Inc (LSAK) on ValueInvestorsClub by SpringLafayette. In this article we will summarize the bulls’ thesis on LSAK. Lesaka Technologies shares were trading at $4.50 when this thesis was published, vs. closing price of $4.36 on Sep 17. Lesaka Technologies Inc. (LSAK) is an emerging powerhouse in […] Private equity firms account for 36% of Lesaka Technologies, Inc.'s (NASDAQ:LSAK) ownership, while individual investors account for 32% Key Insights The considerable ownership by private equity firms in Lesaka Technologies indicates that they collectively... Lesaka Technologies (LSAK) Reports Q4 Loss, Lags Revenue Estimates Lesaka Technologies (LSAK) delivered earnings and revenue surprises of -33.33% and 2.18%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock? Lesaka Technologies: Fiscal Q4 Earnings Snapshot The Rosebank, South Africa-based company said it had a loss of 8 cents per share. The payments company posted revenue of $146 million in the period. For the year, the company reported a loss of $17.4 million, or 27 cents per share. Lesaka achieves its profitability guidance for FY 2024 and provides significantly higher profitability guidance for FY 2025 JOHANNESBURG, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the fourth quarter (“Q4 2024”) and year ended June 30, 2024 (“FY 2024”). FY 2024 performance: Revenue increased 11% in South African Rand (“ZAR”)1 to $564.2 million (ZAR 10.6 billion).Operating income increased to $3.6 million (ZAR 67.3 million), compared to an operating loss of $15.3 million (ZAR 275.3 million) in FY 2023.Net loss improved 48% in ZAR to $17.4 million (Z Lesaka Technologies Announces Leadership Changes as it Strengthens Executive Management Team JOHANNESBURG, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced changes to augment its executive leadership team to align with the Company’s ambitious growth targets. These changes represent a significant step forward as Lesaka positions itself as a natural consolidator and leading fintech in Southern Africa. Executive Changes: Naeem Kola, currently Group Chief Financial Officer, will be appointed as Group Chief Ope Lesaka to Host Webcast and Conference Call to Review Q4 and FY 2024 Results on September 12, 2024 JOHANNESBURG, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS: LSAK; JSE: LSK) today announced that it now intends to release its fourth quarter and year end June 2024 results on September 11, 2024, after markets close, in line with its Q4 and FY 2023 reporting timeframes. Lesaka management will host a presentation webcast and conference call on September 12, 2024, at 8:00 a.m. Eastern Time (“EST”), which is 2:00 p.m. South Africa Standard Time ( Lesaka Technologies (NASDAQ:LSAK) delivers shareholders favorable 8.7% CAGR over 5 years, surging 10% in the last week alone The main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share... Lesaka to Host Webcast and Conference Call to Review Fourth Quarter and Year-End 2024 Results JOHANNESBURG, July 18, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced it will release fourth quarter and year-end 2024 results after the U.S. market close on September 4, 2024. Lesaka management will host a presentation webcast and conference call on September 5, 2024, at 8:00 a.m. Eastern Time (“EST”), which is 2:00 p.m. South Africa Standard Time (“SAST”), to review these results. Presentation webcast via Zoom:Link to ac Performance Overview Trailing total returns as of 12/16/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return LSAK S&P 500 YTD +51.54% +27.35% 1-Year +50.61% +28.72% 3-Year +11.09% +28.97%