Lesaka’s Q1 FY2026 Results: Lesaka achieves Q1 FY2026 guidance and reaffirms FY2026 outlook

About this update from Lesaka Technologies, Inc.

[{"type":"text","content":"JOHANNESBURG, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the first quarter of fiscal 2026 (“Q1 2026”). Q1 2026 performance1:All growth rates are year-on-year between Q1 FY2026 and Q1 FY2025. Revenue of $171.5 million (ZAR 3.0 billion) up 10% in ZAR.Net Revenue2 of $86.6 million (ZAR 1.5 billion), up 45% in ZAR.Operating Income of $0.4 million (ZAR 6.7 million), improved from a loss of $0.1 million (ZAR 0.3 million).Net Loss of $4.3 million (ZAR 75.9 million), improved 6% in ZAR.Group Adjusted EBITDA2 of $15.3 million (ZAR 270.6 million), up 61% in ZAR, achieving guidance provided.Basic loss per share of $0.05 (ZAR 0.93), improving 26% in ZAR.Adjusted earnings2 of $5.0 million (ZAR 87.3 million), up 150% in ZAR.Adjusted earnings per share2 of $0.06 (ZAR 1.07), up 97% in ZAR.Merchant Segment Revenue of $127.0 million (ZAR 2.2 billion). Merchant Segment Net Revenue2 of $44.4 million (ZAR 782.8 million), up 43% in ZAR. Merchant Segment Adjusted EBITDA2 of $9.2 million (ZAR 162.1 million), up 20% in ZAR.Consumer Segment Revenue of $30.6 million (ZAR 539.0 million), up 43% in ZAR. Consumer Segment Adjusted EBITDA2 of $8.5 million (ZAR 149.7 million), up 90% in ZAR.Enterprise Segment Revenue of $14.9 million (ZAR 261.9 million). Enterprise Segment Net Revenue2 of $12.6 million (ZAR 221.6 million), up 19% in ZAR. Enterprise Segment Adjusted EBITDA2 of $1.3 million (ZAR 22.4 million), up 241% in ZAR. (1) Average exchange rates applicable for the purpose of translating our results of operations: ZAR 17.67 to $1 for Q1 2026, ZAR 17.72 to $1 for Q1 2025.(2) Non-GAAP measure. Refer to Attachment A of press release for full reconciliation of non-GAAP measures. Outlook: Second Quarter 2026 (“Q2 FY2026”) and Full Fiscal Year 2026 (“FY 2026”) guidance While we report our financial results in USD, we measure our operating performance in ZAR, and as such we provide our guidance accordingly. For Q2 FY2026, the quarter ending December 31, 2025, we expect: Net Revenue between ZAR 1.575 billion and ZAR 1.725 billion.Group Adjusted EBITDA between ZAR 280 million and ZAR 320 million For FY2026, the year ending June 30, 2026, we reaffirm: Net Revenue between ZAR 6.4 billion and ZAR 6.9 billionGroup Adjusted EBITDA between ZAR 1.25 billion and ZAR 1.45 billionNet Income Attributable to L...

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