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South African fintech company Lesaka (LSAK) reported strong growth in its fiscal year 2026 results, with net revenue increasing by 20% to ZAR 6.33 billion, adjusted EBITDA rising by 41% to ZAR 1.27 billion, and adjusted earnings per share surging by 210% to ZAR 6.51.
The company announced that GAAP net income for fiscal year 2026 turned positive for the first full year since 2022, and the net debt to adjusted EBITDA ratio decreased to 1.9x, falling below the target of 2x.
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