Lesaka Technologies Inc (NASDAQ:LSAK), a South African fintech company, stock fell 9.20% (As on September 11, 11:18:56 AM UTC-4, Source: Google Finance) after the company posted mixed results for the fourth quarter of FY 25. The company reported significant growth in revenue but also faced substantial net losses due to various non-operating charges and transaction costs. Q4 Net Loss was of $28.8 million, up 452% year-on-year in ZAR terms, due to non-operating, non-cash charges and transaction costs, Group Adjusted EBITDA was of $16.7 million, up 61% year-on-year in ZAR terms and Adjusted earnings was of $4.4 million, up 292% year-on-year in ZAR terms. The company has recorded $49.3 million non-cash charge related to MobiKwik and oncurred $18.4 million in impairment losses

Meanwhile, For the fiscal year 2025, Lesaka reported Net Revenue of $328.7 million, up 38% year-on-year in ZAR terms, Net Loss of $87.5 million, up 386% year-on-year in ZAR terms, primarily due to non-operating, non-cash charges and transaction costs and Group Adjusted EBITDA of $50.7 million, up 33% year-on-year in ZAR terms.

LSAK in the fourth quarter of FY 25 has reported the adjusted earnings per share of $0.05, beating the analysts’ estimates for the adjusted earnings per share of $0.04, according to the Zacks Consensus Estimate. The company had reported the adjusted revenue growth of 47 percent to $82 million in the fourth quarter of FY 25, missing the analysts’ estimates for revenue by 37.41%.

Lesaka reaffirmed its FY2026 profitability outlook and introduced new guidance for FY2026, expecting adjusted earnings per share to more than double. The company also announced the acquisition of Bank Zero, subject to regulatory approval, which is not included in the FY2026 guidance. For Q1 FY2026, Lesaka expects Net Revenue to be between ZAR 1.50 billion and ZAR 1.65 billion, Group Adjusted EBITDA to be between ZAR 260 million and ZAR 300 million.

For FY2026, the company projects Net Revenue to be between ZAR 6.4 billion and ZAR 6.9 billion, Group Adjusted EBITDA to be between ZAR 1.25 billion and ZAR 1.45 billion, Net Income Attributable to Lesaka to be positive and Adjusted earnings per share to be of at least ZAR 4.60, implying a year-on-year growth of greater than 100%.