Lesaka Guides FY27 Revenue to ZAR7B-ZAR7.7B After First Profitable Year
LSAK sits 29% above its 52-week low of $3.62.
Summary
Lesaka Technologies issued FY27 revenue guidance of ZAR7B-ZAR7.7B, following its first GAAP-profitable year since 2022 reported in the 10-K filed earlier today. The company also provided FY27 adjusted EPS guidance of ZAR7.5-ZAR8.5, 1Q revenue guidance of ZAR1.58B-ZAR1.66B, and 1Q adjusted EPS guidance of ZAR0.40-ZAR0.60. Lesaka delivered FY2026 guidance across all metrics, exceeded its adjusted EPS range, and achieved GAAP profitability. Q4 revenue rose on Enterprise segment growth. The guidance follows the company's recent Bank Zero acquisition extension and shareholder-approved executive option grants, positioning Lesaka for further expansion in South African fintech.
At the time of this announcement, LSAK was trading at $4.68 on NASDAQ in the Technology sector, with a market capitalization of approximately $393.8M. The 52-week trading range was $3.62 to $5.54. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.