Lesaka achieves its profitability guidance for FY 2024 and provides significantly higher profitability guidance for FY 2025
LSAKLesaka(LSAK) GlobeNewswire News Room·2024-09-12 04:05

JOHANNESBURG, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the fourth quarter (“Q4 2024”) and year ended June 30, 2024 (“FY 2024”). FY 2024 performance: Revenue increased 11% in South African Rand (“ZAR”)1 to 564.2million(ZAR10.6billion).Operatingincomeincreasedto564.2 million (ZAR 10.6 billion).Operating income increased to 3.6 million (ZAR 67.3 million), compared to an operating loss of 15.3million(ZAR275.3million)inFY2023.Netlossimproved4815.3 million (ZAR 275.3 million) in FY 2023.Net loss improved 48% in ZAR to 17.4 million (ZAR 326.1 mil ...