Net 1 UEPS Technologies Inc. is a South African-focused financial technology company with a presence in Africa and Asia. Net1 utilizes its proprietary banking and payment technology to distribute low-cost financial and value-added services to underserved consumers and small businesses. The Company also provides transaction processing services, including being a payment processor and bill payment platform in South Africa. Net1 leverages its strategic investments in banks, telecom and mobile payment technology companies to further expand its product offerings or to enter new markets.

Company profile
Ticker
LSAK
Exchange
Website
CEO
Herman Kotze
Employees
Location
Fiscal year end
Industry (SIC)
Euronet Worldwide • Usio ...
Former names
NET 1 UEPS TECHNOLOGIES INC
SEC CIK
Corporate docs
Subsidiaries
Cash Connect Capital Proprietary Limited • Cash Connect Management Solutions (Pty) Ltd • Cash Connect Rentals Proprietary Limited • Deposit Manager Proprietary Limited • EasyPay (Pty) Ltd • K2021477132 (South Africa) Proprietary Limited • K2020263969 (South Africa) Proprietary Limited • Kazang Prepaid Proprietary Limited • Kwande Group (Pty) Ltd • Main Street 1723 Proprietary Limited ...
IRS number
980171860
LSAK stock data
Latest filings (excl ownership)
10-Q
2023 Q3
Quarterly report
9 May 23
8-K
Lesaka Reports Third Quarter 2023 Results - Continued improvement in financial performance further evidences successful turnaround
9 May 23
8-K
Entry into a Material Definitive Agreement
22 Mar 23
10-Q
2023 Q2
Quarterly report
7 Feb 23
8-K
Lesaka Reports Second Quarter 2023 Results and Outperforms the Upper End of Guidance
7 Feb 23
8-K
Lesaka announces departure of Alex Smith, Chief Accounting Officer
17 Jan 23
8-K
Departure of Directors or Certain Officers
4 Jan 23
8-K
Entry into a Material Definitive Agreement
30 Dec 22
8-K
Entry into a Material Definitive Agreement
5 Dec 22
S-8
Registration of securities for employees
16 Nov 22
Transcripts
LSAK
Earnings call transcript
2023 Q2
8 Feb 23
LSAK
Earnings call transcript
2023 Q1
9 Nov 22
LSAK
Earnings call transcript
2022 Q4
12 Sep 22
LSAK
Earnings call transcript
2022 Q3
12 May 22
LSAK
Earnings call transcript
2022 Q2
10 Feb 22
LSAK
Earnings call transcript
2022 Q1
9 Nov 21
LSAK
Earnings call transcript
2021 Q4
14 Sep 21
LSAK
Earnings call transcript
2021 Q3
7 May 21
LSAK
Earnings call transcript
2021 Q2
5 Feb 21
LSAK
Earnings call transcript
2021 Q1
7 Nov 20
Latest ownership filings
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Jun 22 | Jun 21 | Jun 20 | Jun 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 87.27 mm | 87.27 mm | 87.27 mm | 87.27 mm | 87.27 mm | 87.27 mm |
Cash burn (monthly) | 3.17 mm | 12.73 mm | 2.23 mm | 2.84 mm | 1.70 mm | 1.34 mm |
Cash used (since last report) | 6.69 mm | 26.90 mm | 4.72 mm | 6.01 mm | 3.60 mm | 2.82 mm |
Cash remaining | 80.58 mm | 60.38 mm | 82.56 mm | 81.26 mm | 83.68 mm | 84.45 mm |
Runway (months of cash) | 25.4 | 4.7 | 37.0 | 28.6 | 49.2 | 63.2 |
Institutional ownership, Q4 2022
47.8% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 31 |
Opened positions | 4 |
Closed positions | 7 |
Increased positions | 7 |
Reduced positions | 11 |
13F shares | Current |
---|---|
Total value | 57.92 bn |
Total shares | 29.43 mm |
Total puts | 13.00 k |
Total calls | 14.10 k |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
Value Capital Partners | 14.67 mm | $59.05 mm |
MS Morgan Stanley | 5.18 mm | $23.55 bn |
GS Goldman Sachs | 5.00 mm | $22.74 bn |
Potomac Capital Management | 1.76 mm | $8.03 mm |
Deutsche Bank AG - Registered Shares | 1.26 mm | $5.74 bn |
UBS UBS Group AG - Registered Shares | 340.55 k | $1.55 bn |
Connor, Clark & Lunn Investment Management | 255.00 k | $1.16 bn |
Renaissance Technologies | 136.10 k | $619.00 k |
National Asset Management | 129.50 k | $589.22 mm |
D. E. Shaw & Co. | 122.08 k | $555.44 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 May 23 | Value Capital Partners | Common stock | Buy | Acquire P | Yes | No | 3.59 | 400 | 1.44 k | 15,634,095 |
19 May 23 | Value Capital Partners | Common stock | Buy | Acquire P | Yes | No | 3.97 | 3,600 | 14.29 k | 15,633,695 |
18 May 23 | Value Capital Partners | Common stock | Buy | Acquire P | Yes | No | 3.85 | 6,992 | 26.92 k | 15,630,095 |
17 May 23 | Value Capital Partners | Common stock | Buy | Acquire P | Yes | No | 3.66 | 18,400 | 67.34 k | 15,623,103 |
16 May 23 | Value Capital Partners | Common stock | Buy | Acquire P | Yes | No | 3.73 | 52,784 | 196.88 k | 15,604,703 |
15 May 23 | Value Capital Partners | Common stock | Buy | Acquire P | Yes | No | 3.77 | 30,539 | 115.13 k | 15,551,919 |
12 May 23 | Lincoln Camagu Mali | Common Stock | Payment of exercise | Dispose F | No | No | 3.26 | 11,556 | 37.67 k | 286,972 |
12 May 23 | Lincoln Camagu Mali | Common Stock | Payment of exercise | Dispose F | No | No | 3.26 | 13,464 | 43.89 k | 298,528 |
12 May 23 | Value Capital Partners | Common stock | Buy | Acquire P | Yes | No | 3.6 | 41,500 | 149.40 k | 15,521,380 |
News
Recap: Lesaka Technologies Q3 Earnings
9 May 23
Lesaka Technologies Q3 Adj EPS $(0.02) Beats $(0.06) Estimate, Sales $133.97M Miss $148.33M Estimate
9 May 23
Earnings Scheduled For May 9, 2023
9 May 23
Earnings Outlook For Lesaka Technologies
8 May 23
FTC Solar And 2 Other Stocks Under $5 Insiders Are Aggressively Buying
4 Apr 23
Press releases
Lesaka Announces the Repurchase of Common Shares
18 May 23
Lesaka Reports Third Quarter 2023 Results – Continued improvement in financial performance further evidences successful turnaround
9 May 23
Leading South African Fintech Lesaka Technologies Completes Turnaround as it Champions Financial Inclusion Across Informal Markets
9 May 23
Lesaka to Host Webcast and Conference Call to Review Third Quarter 2023 Results
11 Apr 23