Item 2.02. Results of Operations and Financial Condition.
The following information is furnished pursuant to Item 2.02, "Results of Operations and Financial Condition".
On September 9, 2026, Lesaka Technologies, Inc., a Florida corporation (the " Company "), issued a press release setting forth its financial results for the fourth quarter and year ended June 30, 2026.
Item 9.01. Financial Statements and Exhibits (d) Exhibits
Exhibits
EX-99.1 exhibit99-1.htm EXHIBIT 99.1 Lesaka Technologies, Inc.: Exhibit 99.1 - Filed by newsfilecorp.com Exhibit 99.1 Lesaka's FY2026 Results: Lesaka delivers FY2026 guidance across all metrics, exceeds Adjusted EPS range and achieves GAAP profitability JOHANNESBURG, September 9, 2026 - Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the fourth quarter ("Q4 2026") and full year of fiscal 2026 ("FY2026").
FY2026 performance 1 :
All growth rates are year-on-year between FY2026 and fiscal year 2025 ("FY2025").
FY26
FY25 YoY%
Revenue 721,554 659,701 12,180,962 11,980,399 1.7% Net Revenue (2)
374,873 291,241 6,325,012 5,291,353 20% Operating Income (Loss) (3)
12,681 (27,966)
nm Adjusted Earnings (2)(3)
32,232 9,124 539,279 163,752 229% Adjusted Earnings per Share (2)(3)
0.39 0.12 6.51 2.10 210%
Segment Level USD (In thousands)
ZAR (In thousands)
Commenting on the results, Lesaka Executive Chairman Ali Mazanderani said, "I am delighted that Lesaka delivered on all of its FY2026 guidance metrics, exceeded the top end of our Adjusted EPS guidance range and achieved full-year GAAP profitability for the first time since Lesaka was effectively created in 2022. FY2026 was a milestone year for Lesaka, and we enter FY2027 with real momentum and a platform built for strong, sustainable growth. Looking ahead, I am pleased to share our medium-term ambitions, which includes Adjusted EPS CAGR in excess of 40% over the next three years."
Outlook: First Quarter 2027 ("Q1 2027") and Full Fiscal Year 2027 ("FY 2027") 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 FY2027, the year ending June 30, 2027, we expect:
Net Revenue between ZAR 7.0 billion and ZAR 7.7 billion Group Adjusted EBITDA between ZAR 1.45 billion and ZAR 1.60 billion Adjusted earnings per share between ZAR 7.50 and ZAR 8.50 For Q1 FY2027, the quarter ending September 30, 2026, we expect:
Net Revenue between ZAR 1.58 billion and ZAR 1.66 billion
Group Adjusted EBITDA between ZAR 200 million and ZAR 240 million Adjusted earnings per share between ZAR 0.40 and ZAR 0.60 Q1 FY2027 guidance reflects both seasonality and expected once-off restructuring costs in the merchant business. FY2027 guidance includes the impact of the pending Bank Zero acquisition (subject to regulatory approval by the Financial Surveillance Department of the South African Reserve Bank and other customary closing conditions) and excludes any unannounced mergers and acquisitions that we may conclude.
We have provided outlook regarding Net Revenue, Group Adjusted EBITDA and Adjusted earnings per share, which are non-GAAP financial measures and exclude certain revenue and charges. We have not reconciled these non-GAAP financial measures to the corresponding GAAP financial measures because guidance for the various reconciling items is not provided. We are unable to provide guidance for these reconciling items because we cannot determine their probable significance, as certain items are outside of the control of Lesaka and cannot be reasonably predicted since these items could vary significantly from period to period. Accordingly, reconciliations to the corresponding GAAP financial measures are not available without unreasonable effort.
Earnings Presentation for Q4 FY2026 Results Our earnings presentation will be posted to the Investor Relations page of our website prior to our earnings call.