Lesaka Technologies Inc. (LSAK) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
4TH FLOOR, PRESIDENT PLACE ROSEBANK, JOHANNESBURG, 00000 |
| State of Incorp. | |
| Fiscal Year End | June 30 |
| Industry (SIC) | 6099 - Functions Related to Depository Banking, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 3/31/2024 MRQ | 12/31/2023 MRQ | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 44,316 | 35,499 | 43,940 | 198,572 | 217,671 | 46,065 | |||
| Cash and cash equivalents | 44,316 | 35,499 | 43,940 | 198,572 | 217,671 | 46,065 | |||
| Restricted cash and investments | 23,522 | 23,133 | 60,860 | 25,193 | 14,814 | 75,446 | |||
| Receivables | 39,056 | 36,744 | 33,892 | 21,142 | 15,879 | 30,631 | |||
| Inventory, net of allowances, customer advances and progress billings | 27,622 | 27,337 | 34,226 | 22,361 | 19,860 | 7,535 | |||
| Inventory | 27,622 | 27,337 | 34,226 | 22,361 | 19,860 | 7,535 | |||
| Other undisclosed current assets | 68,088 | 40,923 | 44,814 | 27,049 | 51,082 | 135,973 | |||
| Total current assets: | 202,604 | 163,636 | 217,732 | 294,317 | 319,306 | 295,650 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 5,649 | 4,731 | 7,146 | 4,519 | 5,395 | ✕ | |||
| Property, plant and equipment | 28,340 | 27,447 | 24,599 | 7,492 | 6,656 | 18,554 | |||
| Long-term investments and receivables | 161 | 3,171 | 5,861 | 10,004 | 65,836 | 151,116 | |||
| Long-term investments | 161 | 3,171 | 5,861 | 10,004 | 65,836 | 151,116 | |||
| Intangible assets, net (including goodwill) | 255,619 | 255,340 | 319,359 | 29,510 | 24,781 | 161,276 | |||
| Goodwill | 137,666 | 133,743 | 162,657 | 29,153 | 24,169 | 149,387 | |||
| Intangible assets, net (excluding goodwill) | 117,953 | 121,597 | 156,702 | 357 | 612 | 11,889 | |||
| Deferred income tax assets | 10,256 | 10,315 | 3,776 | 622 | 358 | ✕ | |||
| Other noncurrent assets | 77,963 | 77,594 | 78,092 | 81,866 | 31,346 | 44,189 | |||
| Other undisclosed noncurrent assets | 2,151 | ||||||||
| Total noncurrent assets: | 377,988 | 378,598 | 438,833 | 134,013 | 134,372 | 377,286 | |||
| TOTAL ASSETS: | 580,592 | 542,234 | 656,565 | 428,330 | 453,678 | 672,936 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 18,884 | 12,380 | 35,988 | 7,835 | 30,459 | 86,707 | |||
| Settlement liabilities | ✕ | ✕ | ✕ | 15,276 | 466 | 8,015 | 63,479 | ||
| Taxes payable | ✕ | ✕ | ✕ | 2,140 | 256 | 16,157 | 6,223 | ||
| Accounts payable | 18,884 | 12,380 | 18,572 | 7,113 | 6,287 | 17,005 | |||
| Debt | 12,720 | 12,688 | 21,684 | 9,544 | |||||
| Other liabilities | 45,115 | 36,297 | 34,362 | 27,588 | 23,779 | 66,449 | |||
| Other undisclosed current liabilities | 51,858 | 40,547 | 53,836 | 17,067 | 17,065 | 75,446 | |||
| Total current liabilities: | 128,577 | 101,912 | 145,870 | 52,490 | 71,303 | 238,146 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 139,337 | 129,455 | 139,669 | ||||||
| Long-term debt, excluding current maturities | 139,337 | 129,455 | 134,842 | ||||||
| Liabilities, other than long-term debt | 52,526 | 51,960 | 56,677 | 12,991 | 3,871 | 3,007 | |||
| Deferred income tax liabilities | 45,929 | 46,840 | 54,211 | 10,415 | 1,859 | ✕ | |||
| Other liabilities | 2,489 | 1,982 | 2,466 | 2,576 | 2,012 | 3,007 | |||
| Operating lease, liability | 4,108 | 3,138 | 4,827 | ✕ | |||||
| Other undisclosed noncurrent liabilities | 1,890 | 3,312 | 4,682 | ||||||
| Total noncurrent liabilities: | 191,863 | 181,415 | 196,346 | 14,881 | 7,183 | 7,689 | |||
| Total liabilities: | 320,440 | 283,327 | 342,216 | 67,371 | 78,486 | 245,835 | |||
| Temporary equity, carrying amount | 79,429 | 79,429 | 79,429 | 84,979 | 84,979 | 107,672 | |||
| Equity | |||||||||
| Equity, attributable to parent | 180,723 | 179,478 | 234,920 | 275,980 | 290,213 | 319,429 | |||
| Common stock | 83 | 83 | 83 | 80 | 80 | 80 | |||
| Treasury stock, value | (288,436) | (288,238) | (286,951) | (286,951) | (286,951) | (286,951) | |||
| Additional paid in capital | 339,149 | 335,696 | 327,891 | 301,959 | 301,489 | 276,997 | |||
| Accumulated other comprehensive loss | (189,378) | (195,726) | (168,840) | (145,721) | (169,075) | (199,273) | |||
| Retained earnings | 319,305 | 327,663 | 362,737 | 406,613 | 444,670 | 528,576 | |||
| Total equity: | 180,723 | 179,478 | 234,920 | 275,980 | 290,213 | 319,429 | |||
| TOTAL LIABILITIES AND EQUITY: | 580,592 | 542,234 | 656,565 | 428,330 | 453,678 | 672,936 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 TTM | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 547,099 | 527,971 | 222,609 | 130,786 | 236,372 | 360,990 | ||
| Gain on disposition of assets for financial service operations | 49,304 | |||||||
| Cost of revenue | (429,948) | (417,544) | (168,317) | (96,248) | (109,006) | (215,348) | ||
| Gross profit: | 117,151 | 110,427 | 54,292 | 34,538 | 127,366 | 145,642 | ||
| Operating expenses | (116,095) | (118,735) | (94,487) | (88,410) | (79,903) | (239,405) | ||
| Other undisclosed operating loss | (7,039) | (7,039) | (91,711) | (19,745) | ||||
| Operating loss: | (5,983) | (15,347) | (40,195) | (53,872) | (44,248) | (113,508) | ||
| Nonoperating income (expense) | (341) | (205) | (376) | 13 | 24,665 | (173,230) | ||
| Investment income, nonoperating | (341) | (205) | (376) | 13 | 7,148 | (173,230) | ||
| Gain on contract termination | 17,517 | |||||||
| Interest and debt expense | (19,874) | (18,567) | (5,829) | (2,982) | (7,641) | (10,724) | ||
| Loss from continuing operations before equity method investments, income taxes: | (26,198) | (34,119) | (46,400) | (56,841) | (27,224) | (297,462) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 2,237 | 1,853 | 6,500 | 51,222 | (37,792) | (5,564) | ||
| Loss from continuing operations before income taxes: | (23,961) | (32,266) | (39,900) | (5,619) | (65,016) | (303,026) | ||
| Income tax expense (benefit) | 1,754 | 2,309 | (327) | (7,560) | (2,656) | (3,725) | ||
| Other undisclosed loss from continuing operations | (5,117) | (5,117) | (3,649) | (24,878) | (29,542) | (1,208) | ||
| Loss from continuing operations: | (27,324) | (35,074) | (43,876) | (38,057) | (97,214) | (307,959) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (43,876) | (38,057) | (90,812) | (305,269) | |
| Income from discontinued operations | 6,402 | 2,690 | ||||||
| Other undisclosed net income | 1,237 | 12,454 | ||||||
| Net loss: | (26,087) | (35,074) | (43,876) | (38,057) | (78,358) | (305,269) | ||
| Net loss attributable to noncontrolling interest | (2,349) | |||||||
| Net loss available to common stockholders, diluted: | (26,087) | (35,074) | (43,876) | (38,057) | (78,358) | (307,618) | ||
Comprehensive Income ($ in thousands)
| 3/31/2024 TTM | 12/31/2023 TTM | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2020 | 6/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (26,087) | (35,074) | (43,876) | (38,057) | (78,358) | (305,269) | ||
| Other comprehensive income (loss) | (13,140) | (26,886) | (23,119) | 23,354 | 26,737 | (19,491) | ||
| Comprehensive loss: | (39,227) | (61,960) | (66,995) | (14,703) | (51,621) | (324,760) | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 2,407 | |||||||
| Comprehensive loss, net of tax, attributable to parent: | (39,227) | (61,960) | (66,995) | (14,703) | (51,621) | (322,353) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.