Lesaka achieves its profitability guidance for FY 2024 and provides significantly higher profitability guidance for FY 2025

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 $564.2 million (ZAR 10.6 billion). Operating income increased to $3.6 million (ZAR 67.3 million), compared to an operating loss of $15.3 million (ZAR 275.3 million) in FY 2023. Net loss improved 48% in ZAR to $17.4 million (ZAR 326.1 m ...