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Lesaka Technologies Inc. (LSAK) Fundamental Analysis & AI Grade 2026

LSAK Nasdaq Functions Related To Depository Banking, NEC FL CIK: 0001041514
Updated This Month • Analysis: May 8, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
80% Confidence
AGREEMENT
D
88% Conf
C
73% Conf

📊 LSAK Key Takeaways

Revenue: $533.2M
Net Margin: -0.1%
Free Cash Flow: $24.3M
Current Ratio: 1.54x
Debt/Equity: 1.08x
EPS: $-0.01
AI Grade: D with 88% confidence
Lesaka Technologies Inc. (LSAK) receives a C fundamental grade with 80% confidence from our AI analysis based on SEC 10-K filings. With revenue of $533.2M, net profit margin of -0.1%, and return on equity (ROE) of -0.2%, Lesaka Technologies Inc. demonstrates mixed fundamentals in the Finance sector. Below is our complete LSAK stock analysis for 2026.

Is Lesaka Technologies Inc. (LSAK) a Good Investment?

Claude

Lesaka Technologies faces significant financial distress: unprofitable operations (negative net income despite $533M revenue), zero revenue growth, and critically low interest coverage of 0.5x indicating inability to service debt from operating income. While positive free cash flow ($24.3M) and adequate liquidity ratios provide near-term buffers, the company's thin operating margins (1.2%), elevated leverage (1.08x Debt/Equity), and deteriorating fundamentals create elevated solvency risk.

ChatGPT

Lesaka shows flat revenue and razor-thin profitability, with a small operating profit but a net loss and negative free cash flow. Weak interest coverage alongside moderate leverage constrains flexibility and heightens execution risk. Liquidity is adequate, but fundamentals currently skew negative unless margins and cash conversion improve.

Lesaka Technologies Inc. Key Strengths (LSAK)

Claude
  • + Positive operating cash flow of $35.6M provides liquidity buffer despite net losses
  • + Solid free cash flow of $24.3M (4.6% FCF margin) demonstrates cash generation capability
  • + Adequate current ratio (1.54x) and quick ratio (1.44x) provide near-term liquidity cushion
ChatGPT
  • + Adequate liquidity (current 1.57x, quick 1.43x)
  • + Stable revenue base (flat YoY)
  • + Positive operating income indicates some operating discipline

LSAK Stock Risks: Lesaka Technologies Inc. Investment Risks

Claude
  • ! Critical interest coverage ratio of 0.5x means operating income cannot cover interest expenses, creating solvency threat
  • ! Complete revenue stagnation (0% YoY growth) combined with net losses indicates business model deterioration
  • ! Elevated financial leverage (1.08x Debt/Equity) with $201.6M debt against $186.6M equity creates structural fragility
ChatGPT
  • ! Very weak interest coverage (0.2x) risks solvency under pressure
  • ! Negative free cash flow and operating cash outflow
  • ! Leverage (1.20x D/E) with negative net margin and returns

Key Metrics to Watch

Claude
  • * Interest Coverage Ratio - must improve above 1.5x minimum for debt sustainability
  • * Revenue growth rate - achieving positive growth is essential for leveraged company survival
  • * Operating margin expansion - currently 1.2% is insufficient to support debt burden
ChatGPT
  • * Interest coverage
  • * Free cash flow margin

Lesaka Technologies Inc. (LSAK) Financial Metrics & Key Ratios

Revenue
$533.2M
Net Income
$-461.0K
EPS (Diluted)
$-0.01
Free Cash Flow
$24.3M
Total Assets
$675.0M
Cash Position
$90.6M

💡 AI Analyst Insight

The relatively thin 4.6% FCF margin may limit capital allocation flexibility.

LSAK Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 1.2%
Net Margin -0.1%
ROE -0.2%
ROA -0.1%
FCF Margin 4.6%

LSAK vs Finance Sector: How Lesaka Technologies Inc. Compares

How Lesaka Technologies Inc. compares to Finance sector averages

Net Margin
LSAK -0.1%
vs
Sector Avg 25.0%
LSAK Sector
ROE
LSAK -0.2%
vs
Sector Avg 12.0%
LSAK Sector
Current Ratio
LSAK 1.5x
vs
Sector Avg 1.2x
LSAK Sector
Debt/Equity
LSAK 1.1x
vs
Sector Avg 2.0x
LSAK Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Lesaka Technologies Inc. Stock Overvalued? LSAK Valuation Analysis 2026

Based on fundamental analysis, Lesaka Technologies Inc. has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
-0.2%
Sector avg: 12%
Net Profit Margin
-0.1%
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.08x
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Lesaka Technologies Inc. Balance Sheet: LSAK Debt, Cash & Liquidity

Current Ratio
1.54x
Quick Ratio
1.44x
Debt/Equity
1.08x
Debt/Assets
59.8%
Interest Coverage
0.45x
Long-term Debt
$201.6M

LSAK Revenue & Earnings Growth: 5-Year Financial Trend

LSAK 5-year financial data: Year 2021: Revenue $160.6M, Net Income -$311.0M, EPS $-5.48. Year 2022: Revenue $222.6M, Net Income -$78.4M, EPS $-1.37. Year 2023: Revenue $528.0M, Net Income -$38.1M, EPS $-0.67. Year 2024: Revenue $564.2M, Net Income -$43.9M, EPS $-0.75. Year 2025: Revenue $659.7M, Net Income -$35.1M, EPS $-0.56.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Lesaka Technologies Inc.'s revenue has grown significantly by 311% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.56 indicates the company is currently unprofitable.

LSAK Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
4.6%
Free cash flow / Revenue

LSAK Quarterly Earnings & Performance

Quarterly financial performance data for Lesaka Technologies Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $161.5M -$461.0K $-0.01
Q2 2026 $176.2M -$1.0M $-0.01
Q1 2026 $153.6M -$4.3M $-0.05
Q3 2025 $135.7M -$4.0M $-0.06
Q2 2025 $143.9M -$2.7M $-0.04
Q1 2025 $136.1M -$4.5M $-0.07
Q3 2024 $134.0M -$4.0M $-0.06
Q2 2024 $136.1M -$2.7M $-0.04

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Lesaka Technologies Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$35.6M
Cash generated from operations
Stock Buybacks
$311.0K
Shares repurchased (TTM)
Capital Expenditures
$11.3M
Investment in assets
Dividends
None
No dividend program

LSAK SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Lesaka Technologies Inc. (CIK: 0001041514)

📋 Recent SEC Filings

Date Form Document Action
May 18, 2026 8-K form8k.htm View →
May 18, 2026 8-K form8k.htm View →
May 6, 2026 10-Q form10q.htm View →
May 6, 2026 8-K form8k.htm View →
Apr 16, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about LSAK

What is the AI rating for LSAK?

Lesaka Technologies Inc. (LSAK) has a Combined AI Grade of C from Claude (D) and ChatGPT (C) with 80% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are LSAK's key strengths?

Claude: Positive operating cash flow of $35.6M provides liquidity buffer despite net losses. Solid free cash flow of $24.3M (4.6% FCF margin) demonstrates cash generation capability. ChatGPT: Adequate liquidity (current 1.57x, quick 1.43x). Stable revenue base (flat YoY).

What are the risks of investing in LSAK?

Claude: Critical interest coverage ratio of 0.5x means operating income cannot cover interest expenses, creating solvency threat. Complete revenue stagnation (0% YoY growth) combined with net losses indicates business model deterioration. ChatGPT: Very weak interest coverage (0.2x) risks solvency under pressure. Negative free cash flow and operating cash outflow.

What is LSAK's revenue and growth?

Lesaka Technologies Inc. reported revenue of $533.2M.

Does LSAK pay dividends?

Lesaka Technologies Inc. does not currently pay dividends.

Where can I find LSAK SEC filings?

Official SEC filings for Lesaka Technologies Inc. (CIK: 0001041514) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is LSAK's EPS?

Lesaka Technologies Inc. has a diluted EPS of $-0.01.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is LSAK's fundamental grade?

Based on our AI fundamental analysis in May 2026, Lesaka Technologies Inc. has a C grade with 80% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is LSAK stock overvalued or undervalued?

Valuation metrics for LSAK: ROE of -0.2% (sector avg: 12%), net margin of -0.1% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

What is LSAK's AI grade for 2026?

Our dual AI analysis gives Lesaka Technologies Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is LSAK's free cash flow?

Lesaka Technologies Inc.'s operating cash flow is $35.6M, with capital expenditures of $11.3M. FCF margin is 4.6%.

How does LSAK compare to other Finance stocks?

Vs Finance sector averages: Net margin -0.1% (avg: 25%), ROE -0.2% (avg: 12%), current ratio 1.54 (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 8, 2026 | Data as of: 2026-03-31 | Powered by Claude AI