AI Earnings Predictions for Lesaka Technologies Inc. (LSAK)

EX-99.1

2 exhibit99-1.htm

EXHIBIT 99.1

Lesaka Technologies, Inc.: Exhibit 99.1 - Filed by newsfilecorp.com

Exhibit 99.1

Lesaka's FY2026 Results: Lesaka delivers FY2026 guidance across all metrics, exceeds Adjusted EPS range and achieves GAAP profitability

JOHANNESBURG, September 9, 2026 - Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the fourth quarter ("Q4 2026") and full year of fiscal 2026 ("FY2026").

FY2026 performance1:

All growth rates are year-on-year between FY2026 and fiscal year 2025 ("FY2025").

Group Level USD (In thousands, except per share data)

ZAR (In thousands, except per share data)

FY26

FY25

FY26

FY25

YoY%

Revenue 721,554

659,701

12,180,962

11,980,399

1.7%

Net Revenue(2) 374,873

291,241

6,325,012

5,291,353

20%

Operating Income (Loss)(3) 12,681

(27,966)

208,496

(496,573)

nm

Net Income (Loss) attributable to Lesaka(3) 2,758

(90,957)

39,838

(1,645,521)

nm

Group Adjusted EBITDA(2)(3) 75,742

49,822

1,274,588

906,573

41%

Basic Earnings (Loss) per Share(3) 0.03

(1.19)

0.51

(20.12)

nm

Adjusted Earnings(2)(3) 32,232

9,124

539,279

163,752

229%

Adjusted Earnings per Share(2)(3) 0.39

0.12

6.51

2.10

210%

Segment Level USD (In thousands)

ZAR (In thousands)

FY26

FY25

FY26

FY25

YoY%

Merchant

Revenue 509,335

526,600

8,609,898

9,562,360

(10%)

Net Revenue(2) 183,233

164,846

3,096,246

2,995,106

3%

Segment Adjusted EBITDA(3) 35,533

35,329

601,573

641,509

(6%)

Consumer

Revenue 142,631

96,008

2,401,720

1,744,429

38%

Segment Adjusted EBITDA 46,193

23,949

775,027

435,193

78%

Enterprise

Revenue 74,730

42,554

1,255,617

773,057

62%

Net Revenue(2) 54,151

35,848

913,319

651,265

40%

Segment Adjusted EBITDA 8,119

1,287

136,164

23,724

474%

(1) Average exchange rates for FY2026 and for FY2025 were ZAR 16.91 to $1 and ZAR 17.90 to $1, respectively.

(2) Non-GAAP measure. Refer to Attachment A of press release for full reconciliation of non-GAAP measures.

(3) Revised FY2025 amounts to correct the errors discussed in Note 1 of our Form 10-K for the year ended June 30, 2026. Also refer to Immaterial revision of prior period information section below.

Q4 2026 performance1:

All growth rates are calculated on a year-on-year basis between Q4 2026 and the fourth quarter of FY2025 ("Q4 2025").

Group Level USD (In thousands, except per share data)

ZAR (In thousands, except per share data)

Q4 FY26

Q4 FY25

Q4 FY26

Q4 FY25

YoY%

Revenue 188,321

168,467

3,104,689

3,080,538

0.8%

Net Revenue(2) 98,496

82,005

1,623,810

1,498,721

8%

Operating Income(3) 6,309

(28,610)

104,071

(509,603)

nm

Net Income (Loss) attributable to Lesaka (3) 3,219

(31,298)

52,895

(559,721)

nm

Group Adjusted EBITDA(2)(3) 22,258

16,509

366,855

301,768

22%

Basic Earnings (Loss) per Share(3) 0.04

(0.39)

0.66

(6.97)

nm

Adjusted Earnings(2)(3) 12,072

4,057

198,709

74,695

166%

Adjusted Earnings per Share(2)(3) 0.15

0.05

2.40

0.90

166%

Segment Level USD (In thousands)

ZAR (In thousands)

Q4 FY26

Q4 FY25

Q4 FY26

Q4 FY25

YoY%

Merchant

Revenue 123,388

128,958

2,034,628

2,358,795

(14%)

Net Revenue(2) 44,199

44,396

728,804

811,626

(10%)

Segment Adjusted EBITDA(3) 7,421

10,010

122,404

182,890

(33%)

Consumer

Revenue 40,614

27,911

669,465

509,834

31%

Segment Adjusted EBITDA 15,375

8,878

253,338

161,880

56%

Enterprise

Revenue 26,103

12,295

430,005

224,649

91%

Net Revenue(2) 15,467

10,395

254,950

190,001

34%

Segment Adjusted EBITDA 3,302

823

54,394

15,309

255%

(1) Average exchange rates for Q4 2026 and for Q4 2025 were ZAR 16.49 to $1 and ZAR 17.87 to $1, respectively.

(2) Non-GAAP measure. Refer to Attachment A of press release for full reconciliation of non-GAAP measures.

(3) Revised Q4 FY2025 amounts to correct the errors discussed in Note 1 of our Form 10-K for the year ended June 30, 2026. Also refer to Immaterial revision of prior period information section below.

Commenting on the results, Lesaka Executive Chairman Ali Mazanderani said, "I am delighted that Lesaka delivered on all of its FY2026 guidance metrics, exceeded the top end of our Adjusted EPS guidance range and achieved full-year GAAP profitability for the first time since Lesaka was effectively created in 2022. FY2026 was a milestone year for Lesaka, and we enter FY2027 with real momentum and a platform built for strong, sustainable growth. Looking ahead, I am pleased to share our medium-term ambitions, which includes Adjusted EPS CAGR in excess of 40% over the next three years."

Outlook: First Quarter 2027 ("Q1 2027") and Full Fiscal Year 2027 ("FY 2027") guidance

While we report our financial results in USD, we measure our operating performance in ZAR, and as such we provide our guidance accordingly.

For FY2027, the year ending June 30, 2027, we expect:

Net Revenue between ZAR 7.0 billion and ZAR 7.7 billion

Group Adjusted EBITDA between ZAR 1.45 billion and ZAR 1.60 billion

A

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