Lesaka Technologies (LSAK) earnings
Lesaka Technologies earnings: last reported Thu, 10 Sep 2026, for the quarter ended Jun 2026.
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Lesaka Technologies Q4 FY26 — Strong Financial Inflection and Strategic Bank Zero Acquisition
What went well
- Full-year net revenue grew 20% to ZAR 6.33 billion.
- Group adjusted EBITDA grew 41% to ZAR 1.27 billion.
- Adjusted earnings per share grew 210% to ZAR 6.51.
What to watch
- Merchant net revenue declined 10% in Q4 to ZAR 729 million due to revenue compression.
- Merchant blended ARPU declined 8% to ZAR 1,700 due to mix effects and declining take rates.
Performance +5.6% 1Y
1Y: $4.1 on 29 Sept 2025 → $4.33. High $5.45 (17 Mar 2026), low $3.71 (28 Nov 2025).
Quarterly results
Q2 FY26: revenue up 11.8%, net profit up 109.0% against the same quarter last year.
| Line item | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 154 | 176 | 161 | 168 | 171 +12% | 179 +1% | 183 +13% | 188 +12% |
| EBITDA | -0 | 1 | 0 | -29 | 0 +951% | 2 +293% | 4 +1016% | 6 +121% |
| Net profit | -5 | -32 | -22 | -32 | -4 +5% | 4 +111% | 1 +102% | 3 +109% |
How to read this
US$ million, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Balance sheet
| Year ending | Jun 2021 | Jun 2022 | Jun 2023 | Jun 2024 | Jun 2025 | Jun 2026 |
|---|---|---|---|---|---|---|
| Equity capital | $80.0K | $83.0K | $83.0K | $83.0K | $84.0K | $84.0K |
| Reserves | $406.61M | $362.74M | $327.66M | $310.22M | $216.51M | $219.27M |
| Total liabilities | $67.37M | $342.22M | $283.33M | $303.16M | $396.28M | $414.96M |
| Fixed assets | $7.49M | $24.60M | $27.45M | $31.94M | $44.92M | $50.21M |
| Total assets | $428.33M | $656.57M | $542.23M | $558.45M | $651.49M | $699.29M |
How to read this
As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Insider filings
49 filings between Dec 1, 2025 and Sep 16, 2026.
Open market
decisions to buy or sellPurchases
$9.86M
10 purchases by 2 insiders
Sales
$4.16M
37 sales by 2 insiders
Compensation
not trading decisions- 1
- Award — granted as compensation
Also filed: 1 disposition to issuer.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Mazanderani Ali | $9.73M | — | Sep 16, 2026 |
| International Finance Corp | — | $4.15M | Apr 16, 2026 |
| Smith Daniel Luke | $130.2K | — | Dec 10, 2025 |
| Sparrow Dean Chad | — | $8.4K | Mar 13, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 16, 2026 | Mazanderani Ali Executive Chairman | Purchase | 14,774 | $65.0K |
| Sep 15, 2026 | Mazanderani Ali Executive Chairman | Purchase | 28,226 | $118.8K |
| Apr 16, 2026 | International Finance Corp 10% owner | Sale | 66,437 | $325.5K |
| Apr 15, 2026 | International Finance Corp 10% owner | Sale | 19,488 | $95.5K |
| Apr 14, 2026 | International Finance Corp 10% owner | Sale | 106,948 | $524.1K |
| Apr 13, 2026 | International Finance Corp 10% owner | Sale | 52,230 | $257.0K |
| Apr 10, 2026 | International Finance Corp 10% owner | Sale | 57,894 | $288.5K |
| Apr 9, 2026 | International Finance Corp 10% owner | Sale | 9,878 | $48.9K |
| Apr 8, 2026 | International Finance Corp 10% owner | Sale | 19,311 | $95.2K |
| Apr 7, 2026 | International Finance Corp 10% owner | Sale | 47,954 | $235.6K |
| Apr 6, 2026 | International Finance Corp 10% owner | Sale | 34,219 | $169.4K |
| Apr 2, 2026 | International Finance Corp 10% owner | Sale | 9,928 | $49.6K |
| Apr 1, 2026 | International Finance Corp 10% owner | Sale | 18,663 | $92.8K |
| Mar 31, 2026 | International Finance Corp 10% owner | Sale | 32,807 | $164.6K |
| Mar 30, 2026 | International Finance Corp 10% owner | Sale | 6,467 | $31.8K |
| Mar 27, 2026 | International Finance Corp 10% owner | Sale | 31,504 | $154.7K |
| Mar 26, 2026 | International Finance Corp 10% owner | Sale | 2,468 | $12.2K |
| Mar 25, 2026 | International Finance Corp 10% owner | Sale | 11,104 | $56.0K |
| Mar 24, 2026 | International Finance Corp 10% owner | Sale | 16,179 | $81.2K |
| Mar 23, 2026 | International Finance Corp 10% owner | Sale | 2,162 | $10.9K |
| Mar 19, 2026 | International Finance Corp 10% owner | Sale | 34,607 | $175.1K |
| Mar 18, 2026 | International Finance Corp 10% owner | Sale | 4,819 | $25.9K |
| Mar 17, 2026 | International Finance Corp 10% owner | Sale | 87,041 | $462.1K |
| Mar 16, 2026 | International Finance Corp 10% owner | Sale | 27,389 | $135.4K |
| Mar 13, 2026 | Sparrow Dean Chad Director | Sale | 110 | $513 |
| Mar 13, 2026 | International Finance Corp 10% owner | Sale | 60,000 | $290.9K |
| Mar 12, 2026 | Sparrow Dean Chad Director | Sale | 6 | $28 |
| Mar 12, 2026 | International Finance Corp 10% owner | Sale | 2,839 | $13.3K |
| Mar 11, 2026 | Sparrow Dean Chad Director | Sale | 963 | $4.6K |
| Mar 11, 2026 | International Finance Corp 10% owner | Sale | 4,235 | $19.7K |
| Mar 10, 2026 | International Finance Corp 10% owner | Sale | 24,532 | $113.8K |
| Mar 9, 2026 | Sparrow Dean Chad Director | Sale | 144 | $680 |
| Mar 9, 2026 | International Finance Corp 10% owner | Sale | 27,767 | $126.7K |
| Mar 6, 2026 | Sparrow Dean Chad Director | Sale | 207 | $979 |
| Mar 6, 2026 | International Finance Corp 10% owner | Sale | 9,224 | $42.8K |
| Mar 5, 2026 | International Finance Corp 10% owner | Sale | 4,290 | $19.7K |
| Mar 4, 2026 | International Finance Corp 10% owner | Sale | 6,823 | $31.7K |
| Mar 4, 2026 | Mazanderani Ali Executive Chairman | Purchase | 32,000 | $150.1K |
| Mar 3, 2026 | Sparrow Dean Chad Director | Sale | 332 | $1.6K |
| Feb 25, 2026 | Mali Lincoln Camagu CEO: Southern Africa | Award | 150,000 | $0 |
| Feb 9, 2026 | Mazanderani Ali Executive Chairman | Purchase | 91,423 | $398.6K |
| Dec 31, 2025 | Mazanderani Ali Executive Chairman | Purchase | 1,800,000 | $9.00M |
| Dec 17, 2025 | International Finance Corp 10% owner | Sale | 100 | $433 |
| Dec 10, 2025 | Smith Daniel Luke Group CFO | Purchase | 11,503 | $50.6K |
| Dec 9, 2025 | Smith Daniel Luke Group CFO | Purchase | 5,761 | $24.3K |
| Dec 8, 2025 | Smith Daniel Luke Group CFO | Purchase | 2,500 | $10.4K |
| Dec 5, 2025 | Smith Daniel Luke Group CFO | Purchase | 3,736 | $15.5K |
| Dec 5, 2025 | Smith Daniel Luke Group CFO | Purchase | 7,000 | $29.5K |
| Dec 1, 2025 | Mali Lincoln Camagu CEO: Southern Africa | Disposition to issuer | 77,706 | $0 |
| Mar 31, 2025 | Mazanderani Ali Executive Chairman | Purchase | 20,000 | $99.2K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.