Lesaka Technologies, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2023
September 12, 2023 at 04:05 pm EDT
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Lesaka Technologies, Inc. reported earnings results for the fourth quarter and full year ended June 30, 2023. For the fourth quarter, the company reported sales was USD 133.15 million compared to USD 121.79 million a year ago. Net loss was USD 11.91 million compared to USD 15.15 million a year ago. Basic loss per share from continuing operations was USD 0.19 compared to USD 0.25 a year ago. Diluted loss per share from continuing operations was USD 0.19 compared to USD 0.25 a year ago.
For the full year, sales was USD 527.97 million compared to USD 222.61 million a year ago. Net loss was USD 35.07 million compared to USD 43.88 million a year ago. Basic loss per share from continuing operations was USD 0.56 compared to USD 0.75 a year ago. Diluted loss per share from continuing operations was USD 0.56 compared to USD 0.75 a year ago.
Lesaka Technologies, Inc. (formerly Net 1 Ueps 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.
LESAKA TECHNOLOGIES, INC. 
