LESAKA TECHNOLOGIES, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $721.6M | $659.7M | $564.2M | $528.0M | $222.6M | $130.8M | $144.3M | $160.6M |
| Cost of Revenue | $490.8M | $487.2M | $443.3M | $417.5M | $168.3M | $96.2M | $102.3M | $124.1M |
| Gross Profit | $230.7M | $172.5M | $120.9M | $110.4M | $54.3M | $34.5M | $42.0M | $36.5M |
| Gross Margin | 32.0% | 26.2% | 21.4% | 20.9% | 24.4% | 26.4% | 29.1% | 22.7% |
| Operating Expenses | ||||||||
| Research & Development | $800.0K | $500.0K | $500.0K | $500.0K | $500.0K | $300.0K | $1.6M | $700.0K |
| SG&A Expense | $153.5M | $123.7M | $87.0M | $95.1M | $75.0M | $84.1M | $75.3M | $144.9M |
| Operating Income | $12.7M | $-28.0M | $2.8M | $-15.3M | $-40.2M | $-53.9M | $-44.2M | $-134.9M |
| Operating Margin | 1.8% | -4.2% | 0.5% | -2.9% | -18.1% | -41.2% | -30.7% | -84.0% |
| Interest Expense | $18.5M | $21.8M | $19.2M | $18.6M | $5.8M | $3.0M | $7.6M | $9.9M |
| Pretax Income | $3.7M | $-107.2M | $-13.9M | $-32.3M | $-39.9M | $-5.6M | $-65.0M | $-319.4M |
| Income Tax Expense | $1.4M | $-16.0M | $3.4M | $-2.3M | $327.0K | $7.6M | $2.7M | $-5.1M |
| Net Income | $2.8M | $-91.0M | $-18.5M | $-35.1M | $-43.9M | $-38.1M | $-78.4M | $-311.0M |
| Net Margin | 0.4% | -13.8% | -3.3% | -6.6% | -19.7% | -29.1% | -54.3% | -193.6% |
| EPS (Basic) | $0.03 | $-1.19 | $-0.29 | $-0.56 | $-0.75 | $-0.67 | $-1.37 | $-5.48 |
| EPS (Diluted) | $0.03 | $-1.19 | $-0.29 | $-0.56 | $-0.75 | $-0.67 | $-1.37 | $-5.48 |
| Shares Outstanding (Basic) | 79.5M | 73.9M | 61.3M | 60.1M | 57.2M | 56.3M | 56.0M | 56.0M |
| Shares Outstanding (Diluted) | 79.7M | 73.9M | 61.3M | 60.1M | 57.2M | 56.6M | 56.0M | 56.0M |
| Dividends Per Share | — | — | — | — | — | — | — | — |