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Stock impact report

Lesaka outlines 27% Q3 net revenue growth target as One Lesaka strategy advances [Seeking Alpha]

Lesaka Technologies, Inc. (LSAK) 
Company Research Source: Seeking Alpha
Executive Chairman Ali Zaynalabidin Mazanderani highlighted significant progress in strategic execution, emphasizing two major milestones: "we received Competition Tribunal approval for the combination with Bank Zero" and launched the consolidation of all operating Quick Insights Lesaka reported net revenue of ZAR 1.6 billion (up 16% YoY), adjusted EBITDA of ZAR 304 million (up 47% YoY), and adjusted EPS of ZAR 1.34, driven by Consumer and Enterprise growth. Management reaffirmed full-year guidance, projects Q3 net revenue growth of up to 27%, and expects continued improvement from rebranding, integration, and Bank Zero, excluding direct acquisition impacts this year. Risks include margin compression in the Merchant division, a 10% ARPU decline, Consumer credit risk from rapid loan book growth, and upcoming marketing costs from rebranding. Recommended For You More Trending News Show less Read more
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