Lesaka Reports Q1 FY2027 Revenue of ZAR 3.01 Billion
Net revenue rose 8% year over year to ZAR 1.58 billion. Lesaka recorded a net loss attributable to the company of ZAR 68.0 million and an operating loss of ZAR 17.2 million; management reaffirmed its fiscal 2027 outlook.
Lesaka Technologies reported first-quarter fiscal 2027 revenue of ZAR 3.01 billion, with net revenue increasing 8% year-over-year to ZAR 1.58 billion. The company recorded a net loss attributable to Lesaka of ZAR 68.0 million and an operating loss of ZAR 17.2 million. While the Merchant segment experienced lower revenue and adjusted EBITDA, the Consumer and Enterprise segments saw year-over-year growth. Management reaffirmed its fiscal 2027 outlook, which includes the expected impact of the pending Bank Zero acquisition, and noted that the company has met its profitability guidance for 17 consecutive quarters.