Filing Flows › Lesaka Technologies (LSAK) › Q3 FY25
Lesaka Technologies (LSAK) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 7, 2025
Lesaka Technologies (LSAK) reported revenue of $161M for the third quarter fiscal 2025 (Q3 FY25), +17% from a year earlier and -8% from the quarter before. Operating margin was 0.4%, net loss $22.3M (13.8% of revenue).
Lesaka Technologies, Q3 FY25: revenue $161M (+17% year over year), operating margin 0.4%, net loss $22.3M, operating cash flow $10.7M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $161M | -8% | +17% |
| Operating profit | $569K | — | — |
| Net earnings | −$22.3M | — | — |
| Operating cash flow | $10.7M | — | -44% |
| Free cash flow | $7.8M | — | -52% |
What changed
Revenue was $161.4M in Q3 FY25, up 17% year over year and down 8% from the previous quarter.
Operating profit was $569K, a 0.4% margin (down 0.2 points year over year). Operating profit fell $225K even though revenue rose $23.3M versus a year earlier, so costs grew faster than sales. Total costs grew 17% against revenue growth of 17%. The fastest-growing cost line was Other operating costs (+73%). The quarter ended with a net loss of $22.3M, narrower than the previous quarter's $32.4M loss. Net interest and other expense of $25.8M was the main reason.
Operating cash flow was $10.7M (down 44% year over year). Non-cash charges added back $8.4M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items added $22.1M. Capital expenditures of $2.8M left free cash flow of $7.8M.
Questions
What was Lesaka Technologies' revenue in the third quarter fiscal 2025?
Lesaka Technologies (LSAK) reported revenue of $161M for the third quarter fiscal 2025 (Q3 FY25), +17% from a year earlier and -8% from the quarter before.
Was Lesaka Technologies profitable in the third quarter fiscal 2025?
Operating profit was $569K (0.4% of revenue) and net loss $22.3M.