Lesaka (LSAK)

Net 1 UEPS Technologies Inc. is a South African-focused financial technology company with a presence in Africa and Asia. Net1 utilizes its proprietary banking and payment technology to distribute low-cost financial and value-added services to underserved consumers and small businesses. The Company also provides transaction processing services, including being a payment processor and bill payment platform in South Africa. Net1 leverages its strategic investments in banks, telecom and mobile payment technology companies to further expand its product offerings or to enter new markets.

Company profile

Ticker

LSAK

Exchange

NASDAQ

Website

www.net1.com

CEO

Herman Kotze

Location

South Africa

Fiscal year end

Jun 30

Sector

Information > Data Processing, Hosting, and Related Services

Industry (SIC)

Euronet Worldwide • Usio • Moneygram Payment Systems ...

Former names

NET 1 UEPS TECHNOLOGIES INC

SEC CIK

0001041514

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Cash Connect Capital Proprietary Limited • Cash Connect Management Solutions (Pty) Ltd • Cash Connect Rentals Proprietary Limited • Deposit Manager Proprietary Limited • EasyPay (Pty) Ltd • K2021477132 (South Africa) Proprietary Limited • K2020263969 (South Africa) Proprietary Limited • Kazang Prepaid Proprietary Limited • Kwande Group (Pty) Ltd • Main Street 1723 Proprietary Limited ...

IRS number

980171860

LSAK stock data

1M 1Y 5Y

News

From Benzinga Pro

12 Information Technology Stocks Moving In Tuesday's Pre-Market Session

20 Sep 22

12 Information Technology Stocks Moving In Monday's After-Market Session

19 Sep 22

Gainers

Lesaka Sees FY23 Sales $565M-$600M

19 Sep 22

Financial Guidance for FY23 On September 9, 2022, Lesaka published financial results for the year ended June 30, 2022 ("FY22"). The Company would like to reiterate several key components of its

Why Tuesday Morning Shares Tumbled 31%; Here Are 66 Biggest Movers From Yesterday

13 Sep 22

12 Information Technology Stocks Moving In Monday's Intraday Session

12 Sep 22

Press releases

From Benzinga Pro

Lesaka Provides Financial Guidance for Fiscal Year 2023 and Provides Clarity Regarding Shelf Registration Statement

19 Sep 22

JOHANNESBURG, South Africa, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. ("Lesaka" or the "Company") (NASDAQ:LSAK, JSE: LSK)) today provides financial guidance for the year ended June 30, 2023 ("FY23")

Lesaka announces that Ian Greenstreet will not stand for re-election at next AGM

15 Sep 22

JOHANNESBURG, South Africa, Sept. 15, 2022 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. ("Lesaka" or the "Company") (NASDAQ:LSAK, JSE: LSK)) today announced that Mr. Ian. O. Greenstreet has advised the Company that he

Lesaka Reports Fourth Quarter 2022 Results

9 Sep 22

JOHANNESBURG, South Africa, Sept. 09, 2022 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (NASDAQ:LSAK, JSE: LSK)) today released results for the fourth fiscal quarter and year ended June 30, 2022. Highlights:

Lesaka to Participate at Upcoming Conferences in New York City in Mid-September 2022

2 Sep 22

Lesaka to Host Webcast and Conference Call to Review Fourth Quarter and Year-End 2022 Results

17 Aug 22

Calendar

9 Sep 22

28 Sep 22

30 Jun 23

Financial summary

Financial statements Chart LSAK financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jun 22	Jun 21	Jun 20	Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	104.8M	104.8M	104.8M	104.8M	104.8M	104.8M
Cash burn (monthly)	45.08M	9.91M	4.36M	3.87M	2.23M	3.1M
Cash used (since last report)	133.07M	29.26M	12.87M	11.43M	6.58M	9.15M
Cash remaining	-28.27M	75.54M	91.93M	93.37M	98.22M	95.65M
Runway (months of cash)	-0.6	7.6	21.1	24.1	44.0	30.9

Beta Read what these cash burn values mean

Financial data from Lesaka earnings reports.

Recent insider trades

LSAK insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
19 Jul 22	Christopher G.B. Meyer	Common Stock	Payment of exercise	Dispose F	No	No	5.2	35,460	184.39K	490,102
29 Mar 22	Value Capital Partners	Common stock	Buy	Acquire P	Yes	No	5.49	2,066	11.34K	12,957,245
17 Mar 22	Antony C Ball	Common stock	Buy	Acquire P	Yes	No	4.51	12,401	55.93K	12,899,972
17 Mar 22	Monde Nkosi	Common stock	Buy	Acquire P	Yes	No	4.51	12,401	55.93K	12,899,972
16 Mar 22	Antony C Ball	Common stock	Buy	Acquire P	Yes	No	4.95	12,266	60.72K	12,887,571
16 Mar 22	Monde Nkosi	Common stock	Buy	Acquire P	Yes	No	4.95	12,266	60.72K	12,887,571

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q2 2022

LSAK institutional ownership history Ownership history

79.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	36	34	+5.9%
Opened positions	6	3	+100.0%
Closed positions	4	11	-63.6%
Increased positions	9	8	+12.5%
Reduced positions	10	13	-23.1%

13F shares	Current	Prev Q	Change
Total value	132.1M	141.04M	-6.3%
Total shares	27.92M	27.6M	+1.1%
Total puts	0	11.2K	EXIT
Total calls	143.6K	55.4K	+159.2%
Total put/call ratio	–	0.2	–

Largest owners	Shares	Value	Change
Value Capital Partners	12.88M	$54.46M	0.0%
GS Goldman Sachs	5M	$25.69M	-0.1%
MS Morgan Stanley	3.89M	$20M	+2.8%
Kabouter Management	1.82M	$9.36M	+0.3%
Potomac Capital Management	1.75M	$9M	+0.0%
Etf Managers	492.62K	$2.54M	+40.8%
UBS UBS Group AG - Registered Shares	343.31K	$1.77M	-0.1%
D. E. Shaw & Co.	313.71K	$1.61M	-2.1%
Connor, Clark & Lunn Investment Management	262.85K	$1.35M	-1.1%
Group One Trading	256.34K	$1.32M	NEW

Largest transactions	Shares	Bought/sold	Change
Healthcare Of Ontario Pension Plan Trust Fund	0	-333.9K	EXIT
Group One Trading	256.34K	+256.34K	NEW
Etf Managers	492.62K	+142.82K	+40.8%
MS Morgan Stanley	3.89M	+105.09K	+2.8%
Parametric Portfolio Associates	0	-87.9K	EXIT
DB Deutsche Bank AG - Registered Shares	85.21K	+85.21K	NEW
Simplex Trading	65.32K	+65.16K	+39972.4%
Susquehanna International	45.83K	+45.83K	NEW
Citadel Advisors	35.47K	+35.47K	NEW
BCS Barclays	20.63K	+20.51K	+17378.8%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Apple • AT&T • Citigroup • Mastercard • Meta Platforms • Visa • G4S • Block • Worldpay • Wirecard

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: accuracy, adherence, adhering, aforementioned, aider, albeit, ambition, antidilutive, aptly, ARPU, ascribe, assemble, Authorised, BB, BCEA, BNPL, brick, built, bullet, bureau, buy, care, carryforward, Cashnet, Centre, centric, centricity, churn, Club, COIDA, College, comment, commodity, Communicable, complementary, compulsorily, contended, controlover, Conventional, Council, count, covenant, crucial, CSIR, CTA, Dealer, deeply, delegated, deleveraging, dental, deregistered, devastating, dignified, dignity, discrimination, distrust, domestic, drew, drop, Dubai, East, Eastern, ecosystem, embargoed, embarked, Embracing, EMP, empowered, enclosure, encouragingly, entrusted, erratic, escalation, ESOP, estate, evidenced, excellent, exciting, fire, Flash, fleet, flood, footfall, footprint, formatted, franc, friction, fulfil, fulfill, fulfilling, Gaborone, gaming, gender, geopolitical, globe, grew, hasexcluded, heart, Heilbron, Henley, hope, ID, iKhokha, imperative, importantly, impracticable, impractical, indemnity, inline, insert, journey, Kazang, Kola, kraal, Labour, Lastly, learnership, lent, lesaka, lite, livestock, lock, lodged, looting, lost, lot, LSAK, LSK, Lulalend, Luxiano, macroeconomic, mainstream, mapped, marshal, matching, mathematical, MBA, medical, merged, misrepresented, mission, moment, momentum, mortar, motor, MSc, Naeem, NATO, NIOH, notably, oil, older, onboarding, outperform, outsource, Ovobix, Page, Paycorp, philosophy, preserving, pride, prioritize, prized, proactive, proven, provincial, proximity, ransom, rationalization, real, recalibration, recapitalisation, refinanced, renminbi, resonate, resurgence, retaliatory, retrieval, reward, role, Russia, Russian, safe, Sandulela, sentence, Sesotho, Setswana, side, slower, smartphone, spearheading, spectrum, spent, Spring, Steve, Steven, strive, striving, stronger, strongly, study, style, sum, Sureswipe, surveillance, synthetic, tasked, Tech, transmittal, trending, Ukeshe, Ukraine, Umbrella, unamortized, underperforming, underpin, underpinned, unenforceable, unfolding, uplift, upskill, urban, vault, Vice, village, voucher, warranty, wealth, wellbeing, withdrew, workstream, Yoco, young

Removed: accreted, accrual, adequately, administratively, agree, aim, appealing, appointment, characteristic, child, clarified, consulting, coupled, dealt, deploying, district, enrolment, EPS, foster, fundamental, granting, incl, incorrectly, infancy, intervention, lawsuit, lifted, meaningfully, nonreciprocal, Pillay, proceeding, prohibited, ratify, reach, rely, remediated, reversed, roaming, score, secret, spouse, submitted, Supreme, terminal, unclaimed, unexercised, variation, viewed, won, worldwide, worst

From filing 10-K 2022 FY

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