Lesaka Technologies, Inc. (LSAK) Financial Statements
$4.07NASDAQ: LSAKMarket Cap $349.18M
Lesaka Technologies, Inc. most recently reported annual revenue of $722.0M, net profit of $3.0M. Revenue grew at an average annual rate of 40.7% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
Lesaka Technologies, Inc.: Revenue rose from $610.0M in 2017 to $722.0M in 2026, a change of +18.4% over 9 years; net profit was positive in 3 of 10 reported years; operating margin moved from 15.9% to 2.6%, a shift of -13.3 percentage points; the most recent year shows net profit of $3.0M.
Income Statement — 10 Years (USD millions)
Metric
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Revenue
$610.0M
$613.0M
$161.0M
$144.0M
$131.0M
$223.0M
$528.0M
$564.0M
$660.0M
$722.0M
Operating Expenses
$513.0M
$554.0M
$296.0M
$189.0M
$185.0M
$263.0M
$543.0M
$561.0M
$687.0M
$703.0M
Operating Profit
$97.0M
$59.0M
$-135.0M
$-44.0M
$-54.0M
$-40.0M
$-15.0M
$4.0M
$-27.0M
$19.0M
Operating Margin
15.9%
9.6%
-84.0%
-30.7%
-41.2%
-18.1%
-2.9%
0.6%
-4.1%
2.6%
Other Income
$17.0M
$9.0M
$-185.0M
$-21.0M
$23.0M
$-3.0M
$-22.0M
$-18.0M
$-79.0M
$-15.0M
Interest
$3.0M
$9.0M
$10.0M
$8.0M
$3.0M
$6.0M
$19.0M
$19.0M
$21.0M
$19.0M
Depreciation
$41.0M
$35.0M
$37.0M
$13.0M
$4.0M
$8.0M
$24.0M
$24.0M
$34.0M
$47.0M
Profit Before Tax
$114.0M
$68.0M
$-319.0M
$-65.0M
$-30.0M
$-44.0M
$-37.0M
$-14.0M
$-106.0M
$4.0M
Tax
$37.1M
$60.9M
$1.6M
$-4.1M
$-24.8M
$-750,000
$6.2M
$-23.9M
$17.2M
$36.3M
Net Profit
$73.0M
$39.0M
$-311.0M
$-78.0M
$-38.0M
$-44.0M
$-35.0M
$-17.0M
$-88.0M
$3.0M
EPS
$1.33
$0.70
$-5.48
$-1.21
$-0.67
$-0.75
$-0.56
$-0.27
$-1.14
$0.04
Dividend Payout
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Quarterly Results — Last 12 Quarters (USD millions)
8 duplicate period labels in the source data were collapsed.
Metric
Sep '23
Dec '23
Mar '24
Jun '24
Sep '24
Dec '24
Mar '25
Jun '25
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
$136.0M
$144.0M
$138.0M
$146.0M
$154.0M
$176.0M
$161.0M
$232.0M
$171.0M
$179.0M
$183.0M
$188.0M
Operating Expenses
$136.0M
$142.0M
$137.0M
$146.0M
$154.0M
$175.0M
$161.0M
$260.0M
$171.0M
$177.0M
$175.0M
$180.0M
Operating Profit
$0
$2.0M
$1.0M
$0
$0
$1.0M
$1.0M
$-28.0M
$0
$2.0M
$8.0M
$8.0M
Operating Margin
0.2%
1.6%
0.6%
0.2%
-0.0%
0.4%
0.3%
-12.3%
0.2%
1.2%
4.5%
4.2%
Interest
$5.0M
$5.0M
$5.0M
$5.0M
$5.0M
$6.0M
$6.0M
$4.0M
$5.0M
$5.0M
$4.0M
$5.0M
Profit Before Tax
$-5.0M
$-2.0M
$-3.0M
$-4.0M
$-4.0M
$-39.0M
$-25.0M
$-38.0M
$-5.0M
$4.0M
$2.0M
$3.0M
Tax
$-4.9M
$-33.9M
$-29.9M
$-41.7M
$-1.8M
$16.6M
$11.8M
$23.6M
$3.2M
$15.6M
$77.5M
$-22.8M
Net Profit
$-6.0M
$-3.0M
$-4.0M
$-5.0M
$-5.0M
$-32.0M
$-22.0M
$-29.0M
$-4.0M
$4.0M
$1.0M
$3.0M
EPS
$-0.09
$-0.04
$-0.06
$-0.08
$-0.07
$-0.40
$-0.27
$-0.34
$-0.05
$0.04
$0.01
$0.04
Over the 10 years reported for Lesaka Technologies, Inc., borrowings increased from $33.0M in 2017 to $255.0M in 2026, cash stood at $1.3B in the latest year, shareholders' equity was $0, current assets covered current liabilities 1.59 times.
Balance Sheet — 10 Years (USD millions)
Metric
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Total Assets
$1.5B
$1.2B
$673.0M
$454.0M
$428.0M
$657.0M
$542.0M
$558.0M
$654.0M
$699.0M
Current Assets
$1.1B
$427.0M
$296.0M
$319.0M
$294.0M
$218.0M
$164.0M
$188.0M
$244.0M
$268.0M
Cash
$258.0M
$90.0M
$46.0M
$218.0M
$199.0M
$44.0M
$35.0M
$59.0M
$77.0M
$1.3B
Inventory
$8.0M
$13.0M
$8.0M
$20.0M
$22.0M
$34.0M
$27.0M
$18.0M
$24.0M
$330.0M
Receivables
$112.0M
$89.0M
$13.0M
$59.0M
$48.0M
$63.0M
$62.0M
$81.0M
$117.0M
$148.0M
Fixed Assets
$39.0M
$27.0M
$19.0M
$12.0M
$12.0M
$32.0M
$32.0M
$39.0M
$55.0M
$1.2B
Capital Work in Progress
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
Investments
$28.0M
$88.0M
$151.0M
$93.0M
$87.0M
$83.0M
$80.0M
$77.0M
$0
$5.0M
Other Assets
$189.0M
$283.0M
$149.0M
$24.0M
$29.0M
$163.0M
$134.0M
$139.0M
$199.0M
$3.5B
Total Liabilities
$743.0M
$373.0M
$246.0M
$78.0M
$67.0M
$342.0M
$283.0M
$303.0M
$392.0M
$415.0M
Current Liabilities
$721.0M
$283.0M
$238.0M
$71.0M
$52.0M
$146.0M
$102.0M
$130.0M
$160.0M
$169.0M
Borrowings
$33.0M
$50.0M
$85.0M
$20.0M
$19.0M
$215.0M
$170.0M
$167.0M
$235.0M
$255.0M
Other Liabilities
$710.0M
$323.0M
$161.0M
$58.0M
$48.0M
$127.0M
$113.0M
$136.0M
$157.0M
$160.0M
Equity
$0
$108.0M
$0
$85.0M
$85.0M
$80.0M
$80.0M
$80.0M
$89.0M
$0
Reserves
$705.0M
$750.0M
$427.0M
$375.0M
$361.0M
$314.0M
$259.0M
$255.0M
$255.0M
$284.0M
For Lesaka Technologies, Inc., operating cash flow was positive in 4 of 10 reported years; free cash flow in the latest year was $32.0M; free cash flow was positive in 4 of 10 years; financing activities used $11.0M in the latest year, which covers debt repayment, dividends and buybacks.
Cash Flow Statement — 10 Years (USD millions)
Metric
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
Operating Cash Flow
$97.0M
$133.0M
$-4.0M
$-46.0M
$-58.0M
$-37.0M
$0
$29.0M
$-9.0M
$52.0M
Investing Cash Flow
$-125.0M
$171.0M
$54.0M
$217.0M
$43.0M
$-198.0M
$-33.0M
$-29.0M
$-29.0M
$-50.0M
Financing Cash Flow
$61.0M
$-492.0M
$-2.0M
$9.0M
$-8.0M
$3.0M
$1.0M
$6.0M
$-19.0M
$-11.0M
Net Cash Flow
$35.0M
$-168.0M
$31.0M
$111.0M
$-9.0M
$-119.0M
$-46.0M
$7.0M
$11.0M
$5.0M
Free Cash Flow
$86.0M
$123.0M
$-15.0M
$-52.0M
$-63.0M
$-42.0M
$-16.0M
$16.0M
$-26.0M
$32.0M
Valuation & Return Ratios
Metric
Value
PEG Ratio
0.32
EV / EBITDA
-10.75
FCF Yield
8.60%
Quick Ratio
-0.37
Interest Coverage
1.01
Return 1Y
14.18%
Return 3Y
34.18%
Return 5Y
19.41%
Lesaka Technologies, Inc. (LSAK) financials — frequently asked questions
What is Lesaka Technologies, Inc.'s annual revenue?
Lesaka Technologies, Inc. (LSAK) reported annual revenue of $722.0M in its most recent fiscal year.
What is Lesaka Technologies, Inc.'s net profit?
Lesaka Technologies, Inc. (LSAK) reported net profit of $3.0M in its most recent fiscal year.
What is LSAK EV/EBITDA?
Lesaka Technologies, Inc.'s enterprise value to EBITDA (EV/EBITDA) ratio is -10.75. A negative value means EBITDA was negative over the period, so the ratio is not a meaningful valuation measure.