Lesaka to Host an Investor Day on March 31, 2025JOHANNESBURG, March 03, 2025 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) (“Lesaka” or the “Company”) today announced that the Company will host an Investor Day on March 31, 2025 at 9:00am EDT. The event will feature presentations from the senior leadership of Lesaka, who will provide an overview of the Company’s strategic vision, positioning and market opportunities as well as a more detailed description of its go-to-market strategies and solutions across its Consumer, Merchant and Enterprise divisions. Lesaka’s Management will also provide a brief overview of the Company’s financial performance and current outlook and host a live Question and Answer session for analysts and investors.
Q2 2025 Results: Lesaka beats profitability guidance for Q2 2025, reaffirms FY2025 guidance and sets FY2026 profitability guidanceJOHANNESBURG, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the second quarter of fiscal 2025 (“Q2 2025”).
Lesaka to Host Webcast and Conference Call to Review Second Quarter 2025 ResultsJOHANNESBURG, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced it will release second quarter 2025 results after the U.S. market close on February 5, 2025. Lesaka management will host a presentation webcast and conference call on February 6, 2025, at 8:00 a.m. Eastern Time (“EST”), which is 3:00 p.m. South Africa Standard Time (“SAST”), to review these results.
Lesaka to acquire prepaid electricity submetering and payments business Recharger, expanding alternative payments offeringJOHANNESBURG, 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.
Lesaka gets green light to launch Employee Share Ownership PlanJOHANNESBURG, 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.
Lesaka Q1 2025 Results: Lesaka Continues Building Operational Momentum Achieving Revenue and Profitability GuidanceJOHANNESBURG, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the first quarter of fiscal 2025 (“Q1 2025”).
Lesaka to Host Webcast and Conference Call to Review First Quarter 2025 ResultsJOHANNESBURG, 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.
Lesaka completes the acquisition of Adumo, cementing its position as the leading independent fintech in Southern AfricaJOHANNESBURG, 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 Stock Exchange of ZAR 83.05 per share. All amounts in this release have been translated to U.S. dollars at the October 1, 2024, closing exchange rate of $1: ZAR 17.34.
Lesaka achieves its profitability guidance for FY 2024 and provides significantly higher profitability guidance for FY 2025JOHANNESBURG, 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”).
Lesaka Technologies Announces Leadership Changes as it Strengthens Executive Management TeamJOHANNESBURG, 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.
Lesaka to Host Webcast and Conference Call to Review Q4 and FY 2024 Results on September 12, 2024JOHANNESBURG, 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 to Host Webcast and Conference Call to Review Fourth Quarter and Year-End 2024 ResultsJOHANNESBURG, 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.
Lesaka Q3 2024 Results: Lesaka continues to deliver improved profitabilityJOHANNESBURG, South Africa, May 08, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the third quarter ended March 31, 2024 (“Q3 2024”).
Lesaka to acquire leading payment platform Adumo welcoming new shareholders Apis and ARCJOHANNESBURG, South Africa, May 07, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) (“Lesaka”) has signed a definitive agreement to acquire Adumo RF (Pty) Ltd (“Adumo”) for ZAR 1.59 billion ($85.9 million translated at the prevailing rate $1: ZAR 18.50 as of May 7, 2024). The transaction is subject to shareholder and regulatory approvals. The purchase consideration1 will be settled through the combination of an issuance of 17,279,803 shares of Lesaka common stock to Adumo’s current ultimate shareholders plus ZAR 232 million ($12.5 million) in cash, funded by internal cash resources and external financing. Adumo’s ultimate shareholders include Apis Growth Fund I, a private equity fund managed by Apis Partners LLP (“Apis”), African Rainbow Capital (“ARC”), the largest shareholder of Crossfin Holdings (RF) Pty Ltd (“Crossfin”), as well as the International Finance Corporation and Adumo management.
Lesaka to Host Webcast and Conference Call to Review Third Quarter 2024 ResultsJOHANNESBURG, South Africa, March 27, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced it will release third quarter 2024 results after the U.S. market close on May 8, 2024. Lesaka management will host a presentation webcast and conference call on May 9, 2024, at 8:00 a.m. Eastern Time (“EST”), which is 2:00 p.m. South Africa Standard Time (“SAST”), to review these results.
Lesaka to Participate at Citi's 2024 Emerging Markets FinTech ForumJOHANNESBURG, South Africa, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced that Naeem Kola, Group CFO, will participate in Citi's Emerging Markets FinTech Forum taking place virtually on March 7 and 8, 2024.
Lesaka delivers improved profitability as it exceeds FY24 Q2 guidanceJOHANNESBURG, South Africa, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the second quarter ended December 31, 2023 (“Q2 2024”).
Lesaka to Expand its Merchant Division’s Footprint in South Africa’s Informal Market with the Acquisition of Touchsides (Pty) Ltd from Heineken International B.V.JOHANNESBURG, South Africa, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today announced that it has signed a definitive agreement to acquire 100% of Touchsides (Pty) Ltd (“Touchsides”), a leading data analytics and, insights and merchant services company, from Heineken International B.V. The Touchsides and Kazang businesses are highly complementary, and the acquisition is expected to significantly expand Kazang’s footprint in the tavern industry in South Africa’s informal market.
Lesaka to Host Webcast and Conference Call to Review Second Quarter 2024 ResultsJOHANNESBURG, South Africa, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS: LSAK; JSE: LSK) today announced it will release second quarter 2024 results after the U.S. market close on February 6, 2024. Lesaka management will host a presentation webcast and conference call on February 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.
Lesaka appoints fintech entrepreneur Ali Mazanderani as Chairman, Kuben Pillay as Lead Independent Director, and Chris Meyer to conclude tenure as Group CEO in February 2024JOHANNESBURG, South Africa, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today announced that Chris Meyer will conclude his tenure as Lesaka Group CEO on February 29, 2024. During his nearly three years as Group CEO, Chris has led the successful turnaround and building of the Lesaka fintech platform. Chris will remain a director of Lesaka.
Lesaka continues strong growth trajectory and achieves upper end of revenue guidanceJOHANNESBURG, South Africa, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the first quarter ended September 30, 2023 (“Q1 2024”).
Lesaka to Host Webcast and Conference Call to Review First Quarter 2024 ResultsJOHANNESBURG, South Africa, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS: LSAK; JSE: LSK) today announced it will release first quarter 2024 results after the U.S. market close on November 7, 2023. Lesaka management will host a presentation webcast and conference call on November 8, 2023, at 8:00 a.m. Eastern Time (“EST”), which is 3:00 p.m. South Africa Standard Time (“SAST”), to review these results.
Lesaka to Host Webcast and Conference Call to Review Fourth Quarter and Year-End 2023 ResultsJOHANNESBURG, South Africa, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced it will release fourth quarter and year-end 2023 results after the U.S. market close on September 12, 2023. Lesaka management will host a presentation webcast and conference call on September 13, 2023, at 8:00 a.m. Eastern Time (“EST”), which is 2:00 p.m. South Africa Standard Time (“SAST”) to review these results.
Lesaka Announces the Repurchase of Common SharesJOHANNESBURG, South Africa, May 18, 2023 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS: LSAK; JSE: LSK) today announced that it has repurchased approximately 250,000 of the Company’s common shares in May 2023, at a price of $3.26 per share (ZAR 62.08 per share using the relevant USD: ZAR exchange rate).
Lesaka Reports Third Quarter 2023 Results – Continued improvement in financial performance further evidences successful turnaroundJOHANNESBURG, South Africa, May 09, 2023 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the third quarter ended March 31, 2023 (“Q3 2023”).
Lesaka to Host Webcast and Conference Call to Review Third Quarter 2023 ResultsJOHANNESBURG, April 11, 2023 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS:LSAK; JSE: LSK) today announced it will release third quarter 2023 results after the U.S. market close on May 9, 2023. Lesaka management will host a presentation webcast and conference call on May 10, 2023, at 8:00 a.m. Eastern Time (“EST”), which is 2:00 p.m. South Africa Standard Time (“SAST”) to review these results.
Lesaka Reports Second Quarter 2023 Results and Outperforms the Upper End of GuidanceJOHANNESBURG, South Africa, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the second quarter ended December 31, 2022 (“Q2 2023”).
Lesaka announces departure of Alex Smith, Chief Accounting OfficerJOHANNESBURG, South Africa, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS: LSAK; JSE: LSK) today announced that Mr. Alex M.R. Smith is leaving the Company to pursue other opportunities. Mr. Smith’s last day of employment will be March 01, 2023. During this notice period, Mr. Smith will assist the Company in consolidating the roles and responsibilities of Chief Accounting Officer (“CAO”) into the ambit of Lesaka’s highly experienced Finance team.
