Lesaka Technologies (NasdaqGS:LSAK) Q2 2026 Earnings call February 05, 2026 08:00 AM ET Company ParticipantsAli Mazanderani - Executive ChairmanDan Smith - CFOLincoln Mali - CEOTheodore O'Neill - Chief Executive OfficerNone - Video NarratorConference Call ParticipantsRoss Krige - Equity Research AnalystOperatorWelcome to Lesaka Technologies' Results Webcast for the second quarter of fiscal 2026. As a reminder, this webcast is being recorded. Management will address any questions you have at the end of the p ...

Lesaka Technologies (NasdaqGS:LSAK) Q2 2026 Earnings call February 05, 2026 08:00 AM ET Company ParticipantsAli Mazanderani - Executive ChairmanDan Smith - CFOLincoln Mali - CEOTheodore O'Neill - Chief Executive OfficerNone - Video NarratorConference Call ParticipantsRoss Krige - Equity Research AnalystOperatorWelcome to Lesaka Technologies' Results Webcast for the Second Quarter of Fiscal 2026. As a reminder, this webcast is being recorded. Management will address any questions you have at the end of the p ...

Lesaka Technologies (NasdaqGS:LSAK) Q2 2026 Earnings call February 05, 2026 08:00 AM ET Speaker3Welcome to Lesaka Technologies' Results Webcast for the second quarter of fiscal 2026. As a reminder, this webcast is being recorded. Management will address any questions you have at the end of the presentation. To ask a question, live participants are requested to join the chorus call line by registering via the link provided. Alternatively, please enter your questions into the Questions tab of this webcast. Ou ...

Q2 FY26 Results Presentation Regulatory Disclosures US GAAP Income Statement for the Quarter Safe Harbor Statement The Private Securities Litigation Reform Act of 1995 provides a "safe harbor " for certain forward -looking statements so long as such information is identified as forward looking and is accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ ma terially from those projected in the information. The use of words such as "may", "migh ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 For the transition period from To Commission file number: 000-31203 LESAKA TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction (IRS ...

Exhibit 99.1 Lesaka's Q2 FY2026 Results: Lesaka achieves mid-point of its profitability guidance and reaffirms its FY2026 full year guidance JOHANNESBURG, February 4, 2026 - Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the second quarter of fiscal 2026 ("Q2 2026"). Q2 2026 performance: All growth rates are year-on-year between Q2 FY2026 and Q2 FY2025. | Segment Level | USD | | ZAR | | | | --- | --- | --- | --- | --- | --- | | | (In thousands) | | (In thousands) | | | | | Q2 ...

JOHANNESBURG, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the second quarter of fiscal 2026 (“Q2 2026”). Q2 2026 performance1:All growth rates are year-on-year between Q2 FY2026 and Q2 FY2025. Group LevelUSD(In thousands, except per share data) ZAR(In thousands, except per share data)   Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 YoY%Revenue178,734 176,216  3,058,191 3,155,758  (3%)Net Revenue(2)93,403 77,060  1,598,138 1,379,926  16%Operating Income(3 ...

Core Viewpoint - Lesaka Technologies, Inc. will release its second quarter 2026 results on February 4, 2026, after the U.S. market closes, followed by a presentation and Q&A session on February 5, 2026 [1] Company Overview - Lesaka operates as a South African fintech company focused on providing financial services, software, and business services to underserved consumers and merchants in Southern Africa [4] - The company offers an integrated multiproduct platform that includes transactional accounts, lending, insurance, merchant acquiring, cash management, software, and Alternative Digital Products (ADP) [4] - Lesaka aims to facilitate the digitization of commerce in its markets through targeted solutions and integrations that enable payments between consumers, merchants, and enterprises [4] Stock Listings - Lesaka has a primary listing on NASDAQ (NASDAQ: LSAK) and a secondary listing on the Johannesburg Stock Exchange (JSE: LSK) [5]

Financial Performance - Net revenue for Q1 was ZAR 1.53 billion, a 45% increase year-on-year [4] - Group adjusted EBITDA was ZAR 271 million, representing a 61% year-on-year growth [4] - Adjusted earnings grew by 150% to ZAR 87 million, with adjusted earnings per share doubling from ZAR 0.54 to ZAR 1.07 [4][8] - Net debt to adjusted EBITDA improved from 2.9x to 2.5x year-on-year [10] Business Line Performance - The Enterprise division reported net revenue of ZAR 222 million, a 19% year-on-year improvement [5] - Consumer division net revenue increased by 43% year-on-year [6] - Merchant division net revenue also rose by 43%, driven by the acquisition of Adumo [6] - Merchant segment adjusted EBITDA was ZAR 162 million, a 20% increase year-on-year [6] Market Performance - The number of devices in the Merchant division grew from 53,500 to almost 88,000 [11] - Total Payment Volume (TPV) for card acquiring more than doubled to ZAR 9.2 billion [11] - Cash TPV in the micro merchant segment grew 75% year-on-year, now accounting for 18% of all cash volumes [13] Company Strategy and Industry Competition - The company is focusing on unifying its merchant brand and product offerings to capture efficiencies [7] - The integration of various products and businesses is aimed at creating a comprehensive go-to-market strategy [7] - The company is simplifying its operations and reducing its lease footprint from over 40 locations to approximately 20 [29] Management Commentary on Operating Environment and Future Outlook - Management expressed confidence in achieving guidance for the 13th consecutive quarter [3] - The company anticipates continued improvement in net debt to adjusted EBITDA ratio as adjusted EBITDA increases [10] - Management expects to maintain discipline and focus on execution for FY 2026 [33] Other Important Information - Cash flows from operations totaled ZAR 341 million for the quarter [9] - Capital expenditure for the quarter was ZAR 90 million, with expectations to remain below ZAR 400 million annually [9] - The company is on track to close the Bank Zero acquisition by the end of FY 2026 [29] Q&A Session Summary Question: What is the reason for the sequential performance decline in the merchant segment revenue? - Management indicated that there is seasonality and non-core business lines being closed [37] Question: Can you elaborate on the change in margin for the merchant segment? - Management noted that non-recurring costs impacted margins and provided guidance for the next quarter to better reflect underlying growth [38] Question: What is the expected impact on the cost base from infrastructure rationalization? - Management expects significant cost savings from the rationalization of operations and reduction of duplicated functions [44] Question: How is the cross-sell strategy progressing? - Management plans to provide attachment rates for products in the merchant business, indicating a high attachment rate for customers with multiple products [42] Question: What is the rationale behind the Cell C potential IPO? - Management supports the IPO as it aligns with the strategy to simplify operations and focus on core business [48]

Financial Performance - Net revenue for Q1 FY2026 was ZAR 1.53 billion, a 45% increase year-on-year [4][5] - Group adjusted EBITDA reached ZAR 271 million, representing a 61% year-on-year growth [4][6] - Adjusted earnings grew by 150% to ZAR 87 million, with adjusted earnings per share doubling from ZAR 0.54 to ZAR 1.07 [4][8] - Net debt to adjusted EBITDA improved from 2.9 times to 2.5 times [10] Business Line Performance - The Enterprise division reported net revenue of ZAR 222 million, a 19% year-on-year increase [5][6] - Consumer division net revenue increased by 43% year-on-year [6][19] - Merchant division net revenue also rose by 43%, driven by the acquisition of Adumo [6][19] - Segment adjusted EBITDA for the Merchant division was ZAR 162 million, a 20% increase year-on-year [6][8] Market Performance - The number of devices in the Merchant division grew from 53,500 to almost 88,000 [11] - Total Payment Volume (TPV) for card acquiring more than doubled to ZAR 9.2 billion [11] - Cash TPV in the micro merchant segment grew 75% year-on-year, now accounting for 18% of all cash volumes [13] Company Strategy and Industry Competition - The company is focusing on unifying its merchant brand and product offerings to enhance efficiency [7][28] - The integration of various products and businesses is aimed at creating a comprehensive go-to-market strategy [7][28] - The Bank Zero acquisition is expected to enhance customer offerings and expand the consumer base [29][32] Management Commentary on Operating Environment and Future Outlook - Management expressed confidence in achieving guidance for the 13th consecutive quarter [3] - The company anticipates continued improvement in net debt to adjusted EBITDA ratio as adjusted EBITDA increases [10] - Future growth is expected to be driven by innovations in product offerings and distribution channels [20][21] Other Important Information - Cash flows from operations totaled ZAR 341 million for the quarter [9] - Capital expenditure for the quarter was ZAR 90 million, with expectations to remain below ZAR 400 million annually [9][10] - The company is simplifying its corporate structure by exiting non-core business lines [30] Q&A Session Summary Question: What caused the sequential performance decline in the merchant segment revenue? - Management indicated that seasonality and the closure of non-core business lines contributed to the decline [37] Question: What about the change in margin for the merchant segment? - Management noted non-recurring costs impacted margins, and guidance for the next quarter provides a clearer picture of underlying growth [38] Question: What is the impact of infrastructure rationalization on the cost base? - Management expects significant cost savings from the rationalization of operations and reduction of office locations [44] Question: Can you elaborate on the potential IPO of Cell C? - Management supports the planned IPO and aims to simplify operations by monetizing their equity position [47][48] Question: How long is the runway for growth in the consumer segment? - Management believes there is still significant growth potential, particularly with the upcoming Bank Zero acquisition [55][56]