Lesaka Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2022
February 07, 2023 at 04:11 pm EST
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Lesaka Technologies, Inc. reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was USD 136.07 million compared to USD 31.11 million a year ago. Net loss was USD 6.65 million compared to USD 12.41 million a year ago. Basic loss per share from continuing operations was USD 0.11 compared to USD 0.22 a year ago. Diluted loss per share from continuing operations was USD 0.11 compared to USD 0.22 a year ago.
For the six months, sales was USD 260.85 million compared to USD 65.62 million a year ago. Net loss was USD 17.35 million compared to USD 25.4 million a year ago. Basic loss per share from continuing operations was USD 0.28 compared to USD 0.44 a year ago. Diluted loss per share from continuing operations was USD 0.28 compared to USD 0.44 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. 
