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Upturn AI SWOT - About
LSAK 
Lesaka Technologies Inc (LSAK)
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Upturn Advisory Summary
10/28/2025: LSAK (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
1 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $8
1 Year Target Price $8
| 1 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -8.31% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 363.98M USD | Price to earnings Ratio - | 1Y Target Price 8 |
Price to earnings Ratio - | 1Y Target Price 8 | ||
Volume (30-day avg) 1 | Beta 0.69 | 52 Weeks Range 3.39 - 5.60 | Updated Date 10/28/2025 |
52 Weeks Range 3.39 - 5.60 | Updated Date 10/28/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.14 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -13.26% | Operating Margin (TTM) 1.49% |
Management Effectiveness
Return on Assets (TTM) 0.82% | Return on Equity (TTM) -50.32% |
Valuation
Trailing PE - | Forward PE 16.47 | Enterprise Value 514464662 | Price to Sales(TTM) 0.55 |
Enterprise Value 514464662 | Price to Sales(TTM) 0.55 | ||
Enterprise Value to Revenue 0.78 | Enterprise Value to EBITDA 13.27 | Shares Outstanding 83673097 | Shares Floating 48720981 |
Shares Outstanding 83673097 | Shares Floating 48720981 | ||
Percent Insiders 22.86 | Percent Institutions 39.55 |
Upturn AI SWOT
Lesaka Technologies Inc
Company Overview
History and Background
Lesaka Technologies Inc. (formerly Net1 UEPS Technologies) was founded in 1989. Originally focused on payment solutions for unbanked populations in South Africa, it has evolved into a global fintech company. Significant milestones include the development of UEPS (Universal Electronic Payment System) and expansion into international markets.
Core Business Areas
- Connect Group: Connect Group provides financial technology solutions and related services to informal retail merchants in South Africa.
- Merchant Solutions: Merchant Solutions provides payment processing and financial services to merchants, focusing on acquiring services, transaction processing, and value-added services.
- Kazang: Kazang is a leading provider of value-added services to micro, small, and medium-sized enterprises (MSMEs).
Leadership and Structure
The leadership team includes Chris Meyer (CEO), Steven Heilbron (CEO Connect Group) and Naeem Kola (CFO). The organizational structure includes business segments with dedicated leadership and a corporate headquarters overseeing overall strategy and operations.
Top Products and Market Share
Key Offerings
- Connect Mobile POS: Mobile point-of-sale (mPOS) devices and software enabling merchants to accept card payments. Connect Group holds a significant market share in the South African informal retail mPOS market. Competitors include Yoco and iKhokha. Market share is highly competitive and difficult to accurately assess but Connect is considered a leader in the segment. Estimated userbase exceeds 40,000. Revenue from Connect mPOS systems in 2023 reached $30 million (estimated).
- Kazang Vouchers and Airtime: Digital voucher and airtime distribution platform. Kazang holds a significant portion of the prepaid airtime and electricity voucher market in South Africa. Competitors include Blue Label Telecoms and Flash. Estimated userbase exceeds 50,000. Kazang processed approximately $500 million worth of transactions in 2023.
Market Dynamics
Industry Overview
The fintech industry is experiencing rapid growth, driven by increasing adoption of digital payments and financial services, particularly in emerging markets. Competition is intense with many players vying for market share.
Positioning
Lesaka is positioned as a leading provider of financial technology solutions in emerging markets, particularly in Africa. Its competitive advantages include its established infrastructure, extensive distribution network, and focus on serving underserved populations.
Total Addressable Market (TAM)
The total addressable market for fintech solutions in emerging markets is estimated to be over $200 billion. Lesaka is positioned to capture a significant portion of this market through its diverse product offerings and expanding presence.
Upturn SWOT Analysis
Strengths
- Established infrastructure in key markets
- Extensive distribution network
- Strong brand recognition
- Diverse product offerings
Weaknesses
- Dependence on specific geographic markets
- Exposure to regulatory risks
- Competition from established players
- Integration challenges from acquisitions
Opportunities
- Expansion into new geographic markets
- Development of innovative products and services
- Strategic acquisitions and partnerships
- Increasing adoption of digital payments
Threats
- Economic downturns in key markets
- Changes in regulations
- Increased competition
- Cybersecurity risks
Competitors and Market Share
Key Competitors
- FISV
- GHL (Malaysia)
- SQ
Competitive Landscape
Lesaka competes with both established fintech companies and smaller, more specialized players. Its competitive advantages include its established infrastructure and focus on serving underserved populations. Disadvantages include its dependence on specific geographic markets and exposure to regulatory risks.
Major Acquisitions
Connect Group
- Year: 2022
- Acquisition Price (USD millions): 36.7
- Strategic Rationale: Expanded Lesaka's reach into the informal retail market in South Africa.
Growth Trajectory and Initiatives
Historical Growth: Lesaka has experienced moderate revenue growth over the past few years, driven by expansion into new markets and increasing adoption of its products and services.
Future Projections: Analysts project continued revenue growth for Lesaka over the next few years, driven by increasing demand for fintech solutions in emerging markets. Revenue growth is expected to exceed 15% annually.
Recent Initiatives: Recent initiatives include strategic acquisitions to expand product offerings and geographic reach, as well as investments in research and development to develop innovative solutions.
Summary
Lesaka Technologies has shown improved financials by turning net losses into profits and achieving revenue growth. Its strength lies in established infrastructure and growing adoption of Fintech solutions in emerging markets. They need to expand its offerings into other territories. The challenges facing Lesaka are dependence on a specific geographical region and regulatory risks.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings (SEC)
- Analyst Reports
- Press Releases
- Company Website
- Industry Research Reports
Disclaimers:
This analysis is based on publicly available information and analyst estimates. It is not financial advice and should not be used as the sole basis for investment decisions. Market conditions can change rapidly, and actual results may differ materially from projections.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Lesaka Technologies Inc
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 1999-04-19 | CEO of Southern Africa & Director Mr. Lincoln Camagu Mali | ||
Sector Technology | Industry Software - Infrastructure | Full time employees 3728 | Website https://www.lesakatech.com |
Full time employees 3728 | Website https://www.lesakatech.com | ||
Lesaka Technologies, Inc. provides financial technology (fintech) products and services through its platform in South Africa and internationally. It operates in three segments: Merchant, Consumer, and Enterprise. The company offers merchant solutions comprising merchant acquiring, integrated POS software and hardware for the hospitality industry, cash management and digitalization, and small cash advances and business credit solutions; and alternative digital products (ADP), including bill payments, international money transfers, and supplier enabled payments, as well as prepaid solutions for airtime, data, electricity, and gaming. It also provides low-cost EasyPay Everywhere transactional bank accounts, short-term personal loans, life and funeral insurance, and secure payout solutions; Adumo, a payments and commerce enablement platform that provides payment processing and integrated software solutions; and Recharger, a prepaid electricity platform that provides submetering administration and payment processing solutions. In addition, the company offers card acquiring, payment gateway, cash management, payment, digital wallet, and various value-added services. Further, it engages in the sale of POS devices, SIM cards, and other consumables; and the licensing of rights to use certain technology developed by the company. The company serves unbanked and underbanked consumers; small-to-medium and micro merchants; and corporate and government organizations, including banks, mobile network operators, and municipalities. The company was formerly known as Net 1 UEPS Technologies, Inc. and changed its name to Lesaka Technologies, Inc. in May 2022. Lesaka Technologies, Inc. was founded in 1989 and is headquartered in Johannesburg, South Africa.
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