Lesaka Technologies, Inc. Reaffirms Earnings Guidance for the Year Ending June 30, 2025 and Provides Earnings Guidance for the Year Ending June 30, 2026
Lesaka Technologies, Inc. reaffirmed earnings guidance for the year ending June 30, 2025 and provided earnings guidance for the year ending June 30, 2026. For the year 2025, the company expects Revenue between ZAR 10.0 billion and ZAR 11.0 billion. Net Revenue between ZAR 5.2 billion and ZAR 5.6 billion.
For the year 2026, the company expects Revenue between ZAR 11.4 billion and ZAR 12.2 billion. Net Revenue between ZAR 6.4 billion and ZAR 6.9 billion.
Lesaka Technologies, Inc. specializes in the development of electronic transaction and payment processing solutions and services to merchants and consumers. The activity is organized around 2 areas:
- electronic transaction and payment processing by chip cards: primarily to the distribution, online business, bank, money transfer services, health facilities and telecommunication sectors;
- inclusive financial services. In addition, the group offers electronic payment solutions and systems.
Net sales break down by market between merchants and enterprises (85.6%) and consumers (14.4%).
South Africa accounts for 94.7% of net sales.
Lesaka Technologies, Inc. Reaffirms Earnings Guidance for the Year Ending June 30, 2025 and Provides Earnings Guidance for the Year Ending June 30, 2026