Lesaka Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023
May 09, 2023 at 04:14 pm EDT
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Lesaka Technologies, Inc. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was USD 133.97 million compared to USD 35.2 million a year ago. Net loss was USD 5.82 million compared to USD 3.33 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to USD 0.06 a year ago. Diluted loss per share from continuing operations was USD 0.09 compared to USD 0.06 a year ago.
For the nine months, sales was USD 394.82 million compared to USD 100.82 million a year ago. Net loss was USD 23.17 million compared to USD 28.73 million a year ago. Basic loss per share from continuing operations was USD 0.37 compared to USD 0.5 a year ago. Diluted loss per share from continuing operations was USD 0.37 compared to USD 0.5 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. 
