<span item_type="fundamental" item_id="ccfe35a6d82656a2b681e06a5f7dfb1f" counter_id="ST/US/LSAK" env="prod"></span><span item_type="announcement" item_id="559227052339955841" env="prod"></span><p>EPS: As of FY2025, the actual value is USD -1.14, missing the estimate of USD -0.78.</p><p></p><h3>Financial Data and Outlook Summary</h3><h4>Segment Revenue</h4><ul><li>The company anticipates an increase in its revenue due to the re-evaluation of the classification of certain revenue reported as an agent rather than as principal. This increase in revenue is expected to be offset by a corresponding increase in its cost of goods sold, IT processing, servicing, and support.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/form8k.htm"></span></li></ul><h4>Operational Metrics</h4><ul><li>The restatement is expected to have no impact on the company’s reported operating income (loss), net loss, or loss per share.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/form8k.htm"></span></li></ul><h4>Cash Flow</h4><ul><li>The restatement is expected to have no impact on the company’s net cash flows or liquidity.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/form8k.htm"></span></li></ul><h4>Unique Metrics</h4><ul><li>The financial information presented is preliminary and subject to change as the company completes its restatement analysis and financial close and reporting process.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/form8k.htm"></span></li></ul><h4>Outlook / Guidance</h4><ul><li>The company has issued forward-looking statements indicating that the restatement process and the re-evaluation of its accounting on an agency versus principal basis may result in further adjustments to its financial statements. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/form8k.htm"></span></li></ul><h3>FY2025 Performance</h3><ul><li><strong>Net Revenue</strong>: $328.7 million (ZAR 5.3 billion), up 38% in ZAR.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/exhibit99-1.htm"></span></li><li><strong>Net Loss</strong>: - $87.5 million (ZAR 1.6 billion), up 386% in ZAR, due to a $49.3 million non-operating, non-cash charge, $18.4 million impairment losses, and $17.8 million once-off transaction costs.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/exhibit99-1.htm"></span></li><li><strong>Group Adjusted EBITDA</strong>: $50.7 million (ZAR 922.2 million), up 33% in ZAR.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/exhibit99-1.htm"></span></li><li><strong>Basic Loss Per Share</strong>: - $1.14 (ZAR 19.49), up 284% in ZAR.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/exhibit99-1.htm"></span></li><li><strong>Adjusted Earnings</strong>: $10.4 million (ZAR 186.2 million), up 263% in ZAR.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/exhibit99-1.htm"></span></li><li><strong>Adjusted Earnings Per Share</strong>: $0.13 (ZAR 2.29), up 187% in ZAR.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/exhibit99-1.htm"></span></li></ul><h3>Q4 2025 Performance</h3><ul><li><strong>Net Revenue</strong>: $82.0 million (ZAR 1.5 billion), up 47% in ZAR.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/exhibit99-1.htm"></span></li><li><strong>Net Loss</strong>: - $28.8 million (ZAR 515 million), up 452% in ZAR, due to a $5.7 million non-operating, non-cash charge, $18.4 million impairment losses, and $13.2 million once-off transaction costs.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/exhibit99-1.htm"></span></li><li><strong>Group Adjusted EBITDA</strong>: $16.7 million (ZAR 305.6 million), up 61% in ZAR.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/exhibit99-1.htm"></span></li><li><strong>Basic Loss Per Share</strong>: - $0.35 (ZAR 6.33), up 338% in ZAR.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/exhibit99-1.htm"></span></li><li><strong>Adjusted Earnings</strong>: $4.4 million (ZAR 80.4 million), up 292% in ZAR.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/exhibit99-1.htm"></span></li><li><strong>Adjusted Earnings Per Share</strong>: $0.05 (ZAR 0.99), up 211% in ZAR.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/exhibit99-1.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: - $9.1 million for the year ended June 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/exhibit99-1.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>For FY2026, Lesaka expects net revenue between ZAR 6.4 billion and ZAR 6.9 billion, and Group Adjusted EBITDA between ZAR 1.25 billion and ZAR 1.45 billion. The company anticipates positive net income attributable to Lesaka and adjusted earnings per share of at least ZAR 4.60, implying a year-on-year growth of greater than 100%.<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1041514/000106299325015499/exhibit99-1.htm"></span></li></ul>

Lesaka Tech | 8-K: FY2025 EPS Misses Estimate at USD -1.14