Lesaka Technologies Exceeds FY2026 Guidance, Achieves GAAP Profitability
News related to:Lesaka Technologies, Inc · 2 min read
JOHANNESBURG, South Africa, Sept. 09, 2026 /CourierPR/ -- Lesaka Technologies, Inc. reported its fiscal year 2026 (FY2026) results, delivering on all its guidance metrics and exceeding expectations across the board. The company, based on its latest financials, managed to exceed the top end of its Adjusted EPS guidance range and achieved full-year GAAP profitability for the first time since its creation in 2022.
In FY2026, Lesaka Technologies reported significant growth in key metrics. The company's net revenue for the fiscal year was between ZAR 6.8 billion and ZAR 7.6 billion, with Group Adjusted EBITDA ranging between ZAR 1.35 billion and ZAR 1.55 billion. Adjusted earnings per share (EPS) were between ZAR 7.00 and ZAR 8.00. The company's strong performance is a testament to its strategic focus and operational efficiency.
Lesaka Technologies also provided guidance for the upcoming fiscal year 2027 (FY2027). For FY2027, the company expects net revenue to range between ZAR 7.0 billion and ZAR 7.7 billion, Group Adjusted EBITDA between ZAR 1.45 billion and ZAR 1.60 billion, and Adjusted earnings per share between ZAR 7.50 and ZAR 8.50. For the first quarter of FY2027 (Q1 FY2027), the company forecasts net revenue between ZAR 1.58 billion and ZAR 1.66 billion, Group Adjusted EBITDA between ZAR 200 million and ZAR 240 million, and Adjusted earnings per share between ZAR 0.40 and ZAR 0.60.
Executive Chairman Ali Mazanderani commented, “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.”
The company’s guidance for FY2027 includes the anticipated impact of the pending Bank Zero acquisition, subject to regulatory approval. The acquisition is expected to further enhance Lesaka Technologies’ market position and growth prospects. However, the guidance does not include the impact of any unannounced mergers and acquisitions.
Lesaka Technologies also highlighted the importance of its non-GAAP financial measures, such as Group Adjusted EBITDA, Net Revenue, Adjusted earnings, and Adjusted earnings per share. These measures are used to provide a clearer picture of the company’s operating performance and are considered more meaningful to investors.
In a related development, the company disclosed immaterial revisions to its prior period financial statements. These revisions were necessitated by the incorrect recording of certain intercompany transactions, which impacted the presentation of deferred income taxes and the number of shares and amounts used for common stock and treasury shares. Lesaka Technologies conducted a thorough assessment and concluded that the errors did not materially impact its financial statements.
Looking ahead, Lesaka Technologies remains optimistic about its future and is committed to driving sustainable growth. The company's strategic focus on expanding its service offerings and enhancing operational efficiency positions it well for continued success in the coming fiscal year.