LSAK · Lesaka Technologies Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $183.05M | $178.73M | $171.45M | $146.82M | $135.67M | $145.55M | $143.89M | $138.19M | $136.09M | $136.07M |
| Cost of Revenue | $123.92M | $122.69M | $118.44M | $101.30M | $91.23M | $110.89M | $114.27M | $107.85M | $107.49M | $108.82M |
| Gross Profit | $59.13M | $56.04M | $53.01M | $45.52M | $44.44M | $34.66M | $29.63M | $30.34M | $28.60M | $27.24M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $39.25M | $36.08M | $39.64M | $36.52M | $34.22M | $26.73M | $21.54M | $23.12M | $22.52M | $23.52M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $10.54M | $13.57M | $12.89M | $8.22M | $8.43M | $6.28M | $5.81M | $5.79M | $5.86M | $5.92M |
| Operating Income | $4.08M | $2.15M | $383.0K | $777.0K | $569.0K | ($45.0K) | $2.27M | $794.0K | $228.0K | ($2.19M) |
| Interest Expense | $4.48M | $4.59M | $4.90M | $6.17M | $5.78M | $5.03M | $4.82M | $4.58M | $4.91M | $4.39M |
| Income Tax | $1.50M | $670.0K | ($146.0K) | ($6.41M) | ($2.93M) | $78.0K | $686.0K | $931.0K | $264.0K | $364.0K |
| Net Income | $552.0K | $3.65M | ($4.30M) | ($32.13M) | ($22.06M) | ($4.54M) | ($2.71M) | ($4.05M) | ($5.65M) | ($6.6K) |
| EPS - Basic | $0.01 | $0.04 | ($0.05) | ($0.40) | ($0.27) | ($0.07) | ($0.04) | ($0.06) | ($0.09) | ($0.11) |
| EPS - Diluted | $0.01 | $0.04 | ($0.05) | ($0.40) | ($0.27) | ($0.07) | ($0.04) | ($0.06) | ($0.09) | ($0.11) |
Balance Sheet
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $90.57M | $69.47M | $49.69M | $76.52M | $71.01M | $49.81M | $59.06M | $55.22M | $55.01M | $35.50M |
| Accounts Receivable | $45.48M | $58.24M | $42.52M | $46.20M | $36.13M | $36.67M | $41.11M | $34.33M | $27.94M | $28.22M |
| Inventory | $17.49M | $25.10M | $18.96M | $23.55M | $18.84M | $20.19M | $18.23M | $21.79M | $27.75M | $27.34M |
| Accounts Payable | $19.36M | $20.15M | $19.14M | $19.87M | $15.15M | $12.81M | $16.67M | $19.02M | $13.60M | $12.38M |
| Current Assets | $274.52M | $284.85M | $240.54M | $243.92M | $212.44M | $167.31M | $187.70M | $185.78M | $172.79M | $163.64M |
| Total Assets | $674.95M | $704.64M | $652.86M | $653.71M | $649.20M | $551.89M | $558.45M | $551.49M | $546.77M | $542.23M |
| Current Liabilities | $178.76M | $181.83M | $149.27M | $160.47M | $155.01M | $96.46M | $118.05M | $116.18M | $109.44M | $101.91M |
| Long-term Debt | $186.24M | $203.80M | $195.52M | $188.81M | $166.61M | $144.68M | $139.31M | $132.40M | $130.59M | $129.46M |
| Total Liabilities | $403.65M | $427.99M | $386.63M | $392.33M | $368.22M | $288.24M | $303.16M | $298.97M | $292.08M | $283.33M |
| Stockholders' Equity | $186.63M | $180.56M | $170.35M | $165.59M | $185.23M | $184.22M | $175.86M | $173.09M | $175.27M | $179.48M |
| Retained Earnings | $218.26M | $217.71M | $218.42M | $222.72M | $251.49M | $305.68M | $310.22M | $315.26M | $322.01M | $327.66M |
Cash Flow
| Line item | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $37.57M | ($10.92M) | $8.92M | ($9.17M) | $10.66M | ($4.14M) | $583.0K | $19.18M | $3.37M | $3.42M |
| Investing Cash Flow | ($9.75M) | ($5.71M) | ($461.0K) | ($11.49M) | ($10.01M) | $282.0K | $1.91M | ($5.69M) | ($13.90M) | ($13.76M) |
| Financing Cash Flow | ($3.50M) | $11.01M | ($14.74M) | $36.87M | $8.51M | ($15.48M) | $8.34M | ($19.82M) | $7.34M | $8.94M |
| CapEx | $3.40M | $3.92M | $3.98M | $6.32M | $2.82M | $3.96M | $2.20M | $2.94M | $2.81M | $3.99M |
| Free Cash Flow | $34.17M | ($14.84M) | $4.94M | ($15.48M) | $7.85M | ($8.10M) | ($1.61M) | $16.24M | $565.0K | ($572.0K) |
Ratios
| Metric | Q3 '26 | Q2 '26 | Q1 '26 | Q2 '25 | Q3 '25 | Q1 '25 | Q2 '24 | Q3 '24 | Q1 '24 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 32.3% | 31.4% | 30.9% | 31.0% | 32.8% | 23.8% | 20.6% | 22.0% | 21.0% | 20.0% |
| Operating margin | 2.2% | 1.2% | 0.2% | 0.5% | 0.4% | -0.0% | 1.6% | 0.6% | 0.2% | -1.6% |
| EBITDA margin | 8.0% | 8.8% | 7.7% | 6.1% | 6.6% | 4.3% | 5.6% | 4.8% | 4.5% | 2.7% |
| Net margin | 0.3% | 2.0% | -2.5% | -21.9% | -16.3% | -3.1% | -1.9% | -2.9% | -4.2% | -0.0% |
| Free cash flow margin | 18.7% | -8.3% | 2.9% | -10.5% | 5.8% | -5.6% | -1.1% | 11.7% | 0.4% | -0.4% |
| FCF / Net income | 61.91 | -4.07 | -1.15 | 0.48 | -0.36 | 1.78 | 0.60 | -4.01 | -0.10 | 86.03 |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 21.4% | 20.2% | 23.1% | 24.9% | 25.2% | 18.4% | 15.0% | 16.7% | 16.5% | 17.3% |
| Effective tax rate | 73.1% | 15.5% | - | - | - | - | - | - | - | 101.9% |
| Return on assets | 0.1% | 0.5% | -0.7% | -4.9% | -3.4% | -0.8% | -0.5% | -0.7% | -1.0% | -0.0% |
| Return on equity | 0.3% | 2.0% | -2.5% | -19.4% | -11.9% | -2.5% | -1.5% | -2.3% | -3.2% | -0.0% |
| Return on invested capital | 0.5% | 0.5% | 0.1% | 0.2% | 0.1% | -0.0% | 0.6% | 0.2% | 0.1% | -0.4% |
| Liquidity | ||||||||||
| Current ratio | 1.54 | 1.57 | 1.61 | 1.52 | 1.37 | 1.73 | 1.59 | 1.60 | 1.58 | 1.61 |
| Quick ratio | 1.44 | 1.43 | 1.48 | 1.37 | 1.25 | 1.53 | 1.44 | 1.41 | 1.33 | 1.34 |
| Cash ratio | 0.51 | 0.38 | 0.33 | 0.48 | 0.46 | 0.52 | 0.50 | 0.48 | 0.50 | 0.35 |
| Leverage | ||||||||||
| Debt / Equity | 1.00 | 1.13 | 1.15 | 1.14 | 0.90 | 0.79 | 0.79 | 0.76 | 0.75 | 0.72 |
| Debt / Assets | 0.28 | 0.29 | 0.30 | 0.29 | 0.26 | 0.26 | 0.25 | 0.24 | 0.24 | 0.24 |
| Debt / EBITDA | 12.73 | 12.97 | 14.73 | 20.98 | 18.52 | 23.22 | 17.23 | 20.11 | 21.46 | 34.73 |
| Interest coverage | 0.9x | 0.5x | 0.1x | 0.1x | 0.1x | -0.0x | 0.5x | 0.2x | 0.0x | -0.5x |
| Equity multiplier | 3.62 | 3.90 | 3.83 | 3.95 | 3.50 | 3.00 | 3.18 | 3.19 | 3.12 | 3.02 |
| Liabilities / Assets | 0.60 | 0.61 | 0.59 | 0.60 | 0.57 | 0.52 | 0.54 | 0.54 | 0.53 | 0.52 |
| Efficiency | ||||||||||
| Asset turnover | 0.27 | 0.25 | 0.26 | 0.22 | 0.21 | 0.26 | 0.26 | 0.25 | 0.25 | 0.25 |
| Inventory turnover | 7.08 | 4.89 | 6.25 | 4.30 | 4.84 | 5.49 | 6.27 | 4.95 | 3.87 | 3.98 |
| Days sales outstanding | 91d | 119d | 91d | 115d | 97d | 92d | 104d | 91d | 75d | 76d |
| Days inventory outstanding | 52d | 75d | 58d | 85d | 75d | 66d | 58d | 74d | 94d | 92d |
| Days payable outstanding | 57d | 60d | 59d | 72d | 61d | 42d | 53d | 64d | 46d | 42d |
| Cash conversion cycle | 85d | 134d | 90d | 128d | 112d | 116d | 109d | 100d | 123d | 126d |
| Valuation | ||||||||||
| P / E | 509.0x | 119.2x | - | - | - | - | - | - | - | - |
| P / B | 2.2x | 2.1x | 0.0x | 2.1x | 2.0x | 0.0x | 1.6x | - | - | - |
| P / S | 2.2x | 2.1x | 0.0x | 2.4x | 2.8x | 0.0x | 2.0x | - | - | - |
| EV / EBITDA | 34.2x | 32.9x | 11.0x | 50.9x | 52.2x | 15.3x | 45.2x | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 34.9% | 21.7% | 17.8% | 2.0% | -1.8% | 6.9% | 5.8% | 3.2% | 9.1% | 337.3% |
| Revenue CAGR (3y) | 11.0% | 9.5% | 11.2% | 67.7% | 56.8% | 61.6% | 64.5% | 68.6% | 54.2% | 22.5% |
| Revenue CAGR (5y) | 44.7% | 40.8% | 35.8% | 14.7% | 19.5% | 12.5% | 8.2% | 9.8% | 1.6% | -1.7% |
| Gross profit growth (YoY) | 33.1% | 23.1% | 52.9% | 53.6% | 46.5% | 21.2% | 8.7% | 5.8% | 17.9% | 158.6% |
| Operating income growth (YoY) | 617.9% | 176.7% | - | -65.8% | -28.3% | - | - | - | - | 76.7% |
| Net income growth (YoY) | - | - | 5.4% | -1087.1% | -445.0% | 19.6% | -40612.9% | 30.5% | 47.2% | 99.9% |
| EPS growth (YoY) | - | - | 28.6% | -900.0% | -350.0% | 22.2% | 63.6% | 33.3% | 47.1% | 50.0% |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 335.5% | 4.2% | - | -858.8% | -51.7% | - | -182.3% | - | - | 95.9% |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | -46.9% | - |
| Book value growth (YoY) | 0.8% | 9.0% | -7.5% | -5.8% | 7.0% | 5.1% | -2.0% | -13.9% | -14.9% | -23.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-06-30.
Business segments
$659.70M totalMerchant Segment$524.25M · 79.5%
Consumer Segment$96.01M · 14.6%
Enterprisesegment$39.44M · 6.0%
Product / service
$1.24B totalService$613.20M · 49.5%
Prepaid Airtime Sold$365.16M · 29.5%
Processing Fees$125.29M · 10.1%
Loan Based Fees Received$37.34M · 3.0%
Lending Revenue$28.53M · 2.3%
Technology Products$22.19M · 1.8%
Insurance Revenue$20.05M · 1.6%
Product$9.16M · 0.7%
Account Holder Fees$7.31M · 0.6%
Interest From Customer$7.23M · 0.6%
Other Products And Services$4.37M · 0.4%
Geographic
$524.25M totalZA$489.39M · 93.4%
Rest Of World$34.85M · 6.6%
Peer comparison
Same SIC group: Functions Related To Depository Banking, NEC
Comparing LESAKA TECHNOLOGIES INC against the 2 most active filers in the same SIC group.