Lesaka Technologies, Inc. (LSAK) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Lysaka Technologies results webcast for the third quarter of fiscal 2026. As a reminder, this webcast is being recorded. Management will address any questions you have at the end of the presentation. To ask a question, live participants are requested to join the chorus call line by registering via the link provided. Alternatively, please enter your questions into the questions tab of this webcast. Our press release and investor presentations are available on our investor relations website at ir.lasakatech.com. During this call, we will be making forward-looking statements, and I ask you to look at the cautionary language contained in our press release, presentation, and Form 10-Q, available on our website. As a domestic filer in the United States, we report results in US dollars under US GAAP. However, it is important to note that our operational currency is South African Rand, and as such, we analyze our performance in South African Rand, which is non-GAAP. This assists investors in understanding the underlying trends in our business. I will now turn the webcast over to Ali. Good morning and good afternoon. Thank you for joining us for Lasaka's Q3 results presentation. I'm pleased to report Lusaka has delivered a strong set of results for Q3 FY2026. It's also worth noting that this is substantially on a like-for-like basis. Net revenue is up 16% to R1.58 billion, short of our guidance of R1.65 billion due to slightly softer than expected performance in merchants, as the division focused on the integration of the business units and closures of non-core business lines. We remain confident in the profile and trajectory of the Merchant Division, as Lincoln will talk you through in more detail shortly. From a profitability perspective, Group Adjusted EBITDA ca...