Lesaka (LSAK) Q3 2026 Earnings Transcript
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Thursday, May 7, 2026 at 8 a.m. ET
Lesaka Technologies (NASDAQ:LSAK) reported double-digit revenue and EBITDA growth, led by record Consumer and Enterprise division performances and ongoing business simplification. Management disclosed the exit of loss-making activities—including ATM and Switchpay—and recognized associated nonrecurring charges to prioritize capital for scalable, digital-led initiatives. A material increase in Consumer division active users and ARPU demonstrated clear progress in driving product penetration and cross-sell, further underpinned by robust lending and insurance growth. The company further strengthened its capital position by improving net debt leverage and maintaining disciplined CapEx in line with prior guidance. Revised fiscal 2026 (period ending June 30, 2026) guidance indicates tighter revenue and EBITDA targets, and a substantial increase in EPS expectations, alongside a clear signal that Lesaka expects its first year of positive net income.
Source Fool.com