Lesaka Technologies Stock Discussion

$Lesaka Technologies (LSAK.US)$ Reuters· just
Lesaka to Acquire Prepaid Electricity Submetering and Payments Business Recharger, Expanding Alternative Payments Offering! Deal valued at 28 million

$Lesaka Technologies (LSAK.US)$
Lesaka completes the acquisition of Adumo, cementing its position as the leading independent fintech in Southern Africa
JOHANNESBURG, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. ("Lesaka" or the "Company") (NASDAQ:LSAK, JSE: LSK))) today announced it has completed its acquisition of Adumo RF (Pty) Ltd ("Adumo"). The transaction was settled through the issuance of 17,279,803 shares of Lesaka's common stock and a cash payment ZAR 232.2 million ($...

$Lesaka Technologies (LSAK.US)$
Lesaka achieves its profitability guidance for FY 2024 and provides significantly higher profitability guidance for FY 2025
Lesaka Technologies (Nasdaq: LSAK; JSE: LSK) reported its FY 2024 results, achieving profitability guidance and providing higher guidance for FY 2025. Key highlights include:
- Revenue increased 11% to $564.2 million (ZAR 10.6 billion)
- Operating income improved to $3.6 million from a loss of $15.3 million in FY 2023
- Net loss improved 4...

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