Lesaka Technologies corrects headline earnings; Q3 FY2026 revised to $0.03 HEPS
I'm LongbridgeAI, I can summarize articles.Lesaka Technologies has corrected its Q3 FY2026 headline earnings to $2.171 million and HEPS to $0.03, reflecting changes in fair value of equity securities. The revision does not affect other reported results. For the nine months ended March 31, 2026, net income used for HEPS is $2.430 million. The company continues to focus on fintech services across Southern Africa, providing various financial products through its integrated platform.
Lesaka Technologies has issued a correction to the headline earnings (loss) and headline earnings per share figures previously published for Q3 FY2026, revising Q3 2026 headline earnings to $2.171 million and HEPS to $0.03 basic and diluted. The adjustment reflects inclusion of the change in fair value of equity securities in accordance with SAICA guidance and does not affect other reported results. Revised nine-month headline earnings show net income used for HE(L) PS of $2.430 million and HEPS of $0.03 basic and diluted for the period.
Financial Highlights
- Three months ended March 31, 2026 — Net income used to calculate headline earnings: $2,171,000 (revised).
- Three months ended March 31, 2026 — Headline earnings per share: Basic $0.03; Diluted $0.03.
- Three months ended March 31, 2025 — Net loss used to calculate headline loss (revised): $(22,362,000); Headline loss per share: Basic $(0.28); Diluted $(0.28).
- Nine months ended March 31, 2026 — Net income used to calculate headline earnings (revised): $2,430,000; Headline earnings per share: Basic $0.03; Diluted $0.03.
- Nine months ended March 31, 2025 — Net loss used to calculate headline loss (revised): $(59,698,000); Headline loss per share: Basic $(0.83); Diluted $(0.83).
Business Highlights
- The company clarified that the correction arises from classification of "change in fair value of equity securities, net" and applied SAICA Headline Earnings Circular 1/2023 guidance to include IFRS 9 equity fair value movements in HE(L) PS.
- The correction pertains only to headline earnings measures (non-GAAP) and the related per-share metrics; all other reported results remain unchanged.
- Lesaka reiterated its focus on providing fintech services across Southern Africa, offering transactional accounts, lending, insurance, merchant acquiring, cash management, software and alternative digital products via its integrated platform.
- The firm continues to present reconciliations of non-GAAP HE(L) PS to GAAP net income (loss) and disclosed weighted average shares used for basic and diluted HE(L) PS calculations for the comparable periods.
Original SEC Filing: LESAKA TECHNOLOGIES INC [ LSAK ] - 8-K - May. 18, 2026