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Lesaka Delivers Q1 FY2027 Results in Line with Expectations, Reaffirms FY2027 Guidance
JOHANNESBURG, Nov. 04, 2026 (GLOBE NEWSWIRE) — Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) today released results for the first quarter of fiscal 2027 (“Q1 FY2027”).
Q1 FY2027 performance1:
All growth rates are year-on-year between Q1 FY2027 and Q1 FY2026 in ZAR.
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USD |
ZAR |
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Net loss attributable to Lesaka(3) |
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Adjusted earnings per share(2)(3) |
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(1) Average exchange rates applicable for Q1 FY2027 and for Q1 FY2026 were ZAR 16.28 to $1 and ZAR 17.67 to $1, respectively.
(2) Non-GAAP measure. Refer to Attachment A of press release for full reconciliation of non-GAAP measures.
(3)Revised Q1 FY2026 amounts to correct the error discussed in Note 1 of our Form 10-Q for the period ended September 30, 2026.
Commenting on the results, Lesaka Executive Chairman Ali Mazanderani said, “We have delivered Q1 results in line with our expectations. We have now met our profitability guidance for 17 consecutive quarters and I am pleased to reaffirm our full-year outlook, which at the midpoint represents adjusted earnings per share of ZAR 8.00, up 23% year-on-year.”
Outlook: Second Quarter 2027 (“Q2 FY2027”) and Full Fiscal Year 2027 (“FY2027”) guidance
While we report our financial results in USD, we measure our operating performance in ZAR, and as such we provide our guidance accordingly.
For Q2 FY2027, the quarter ending December 31, 2026, we expect:
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Net Revenue between ZAR 1.62 billion and ZAR 1.72 billion
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Group Adjusted EBITDA between ZAR 280 million and ZAR 320 million
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Adjusted earnings per share between ZAR 1.00 and ZAR 1.40
For FY2027, the year ending June 30, 2027, we reaffirm:
