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Lesaka Technologies, Inc. (LSAK)

Technology | Software - Infrastructure | Johannesburg, South Africa | NasdaqGS
4.89 USD -0.03 (-0.610%) ⇩ (April 21, 2026, 11:51 a.m. EDT)

Short-term: ★★★☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:01 a.m. EDT

LSAK is showing 'quiet' traits rather than genuine signal. While the price is slightly above moving averages and trading volume is elevated (volume spike ~180% vs average), this is being driven by massive insider selling and reductions by major funds (IFC) rather than new investment flow. The stock has suffered from -58% returns over the last year. The options market shows no one is buying puts to protect against this, nor are they bullish enough to buy significant calls near-term. Given the deteriorating fundamentals (negative ROE, negative Free Cash Flow, rising debt-to-equity of 133%) and the relentless exodus of capital by smart money institutions, the stock is failing to hold value against insider dumping, making it an unattractive hold for either horizon.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.044568
MSTL0.045071
AutoARIMA0.045182
AutoETS0.045182

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 57%
H-stat 2.31
Ljung-Box p 0.000
Jarque-Bera p 0.737
Excess Kurtosis -0.15
Attribute Value
Sector Technology
Debt to Equity Ratio 133.715
Revenue per Share 8.65
Market Cap 411,182,496
Forward P/E 13.58
Beta 0.39
Profit Margins -7.53%
Previous Name Net 1 UEPS Technologies, Inc.
Website https://www.lesakatech.com

As of April 19, 2026, 12:01 a.m. EDT: Options activity is extremely thin, characterized by a near-total absence of put interest (null data). Call interest exists but is concentrated in warrants or deep OTM calls for late 2026 expirations (7.5 strike, 0.96 IV), while immediate ATM and ITM calls for near-term expirations lack significant positioning. The implied volatility (0.6 ATM for July 2026) is low, suggesting a lack of speculative hedging or directional bias from active short-term traders. The lack of puts is the primary signal; without downside protection positioning, retail and institutional sentiment appears passive or absence-based rather than bearish. However, the lack of genuine trading flow limits the reliability of any bullish signal derived from calls.


Info Dump

Attribute Value
52 Week Change 0.113122225
Address1 President Place
Address2 4th Floor Cnr. Jan Smuts Avenue and Bolton Road Rosebank
All Time High 64.2
All Time Low 2.7
Ask 5.06
Ask Size 1
Average Daily Volume10 Day 137,590
Average Daily Volume3 Month 95,878
Average Volume 95,878
Average Volume10Days 137,590
Beta 0.391
Bid 4.89
Bid Size 1
Book Value 2.285
City Johannesburg
Compensation As Of Epoch Date 1,767,139,200
Country South Africa
Crypto Tradeable 0
Currency USD
Current Price 4.89
Current Ratio 1.567
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 4.96
Day Low 4.875
Debt To Equity 133.715
Display Name Lesaka
Earnings Call Timestamp End 1,778,155,200
Earnings Call Timestamp Start 1,778,155,200
Earnings Timestamp 1,778,097,600
Earnings Timestamp End 1,778,097,600
Earnings Timestamp Start 1,778,097,600
Ebitda 53,805,000
Ebitda Margins 0.07911
Enterprise To Ebitda 10.951
Enterprise To Revenue 0.866
Enterprise Value 589,230,336
Eps Current Year 0.27
Eps Forward 0.36
Eps Trailing Twelve Months -0.63
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 4.7842
Fifty Day Average Change 0.105799675
Fifty Day Average Change Percent 0.02211439
Fifty Two Week Change Percent 11.3122225
Fifty Two Week High 5.54
Fifty Two Week High Change -0.6500001
Fifty Two Week High Change Percent -0.11732854
Fifty Two Week Low 3.39
Fifty Two Week Low Change 1.4999998
Fifty Two Week Low Change Percent 0.4424778
Fifty Two Week Range 3.39 - 5.54
Financial Currency USD
First Trade Date Milliseconds 924,528,600,000
Float Shares 48,096,536
Forward Eps 0.36
Forward P E 13.583332
Free Cashflow 422,750
Full Exchange Name NasdaqGS
Full Time Employees 3,728
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.29728
Gross Profits 202,180,992
Has Pre Post Market Data 1
Held Percent Insiders 0.21189
Held Percent Institutions 0.40974
Implied Shares Outstanding 84,086,399
Industry Software - Infrastructure
Industry Disp Software - Infrastructure
Industry Key software-infrastructure
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,751,241,600
Last Split Date 1,118,620,800
Last Split Factor 1:6
Long Business Summary 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.
Long Name Lesaka Technologies, Inc.
Market us_market
Market Cap 411,182,496
Market State REGULAR
Max Age 86,400
Message Board Id finmb_4494391
Most Recent Quarter 1,767,139,200
Name Change Date 2,026-04-20
Net Income To Common -49,502,000
Next Fiscal Year End 1,782,777,600
Non Diluted Market Cap 412,889,721
Number Of Analyst Opinions 1
Open 4.94
Operating Cashflow 2,187,000
Operating Margins 0.01229
Payout Ratio 0.0
Peg Ratio 0.21
Phone 27 11 343 2000
Prev Name Net 1 UEPS Technologies, Inc.
Previous Close 4.92
Price Eps Current Year 18.11111
Price Hint 4
Price To Book 2.1400437
Price To Sales Trailing12 Months 0.60459125
Profit Margins -0.0753
Quick Ratio 0.702
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.03000021
Regular Market Change Percent -0.60976034
Regular Market Day High 4.96
Regular Market Day Low 4.875
Regular Market Day Range 4.875 - 4.96
Regular Market Open 4.94
Regular Market Previous Close 4.92
Regular Market Price 4.89
Regular Market Time 1,776,786,698
Regular Market Volume 37,585
Return On Assets 0.0075499997
Return On Equity -0.26565
Revenue Growth 0.014
Revenue Per Share 8.65
Sand P52 Week Change 0.34445214
Sector Technology
Sector Disp Technology
Sector Key technology
Shares Outstanding 83,920,675
Shares Percent Shares Out 0.0032
Shares Short 270,820
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 172,560
Short Name Lesaka Technologies, Inc.
Short Percent Of Float 0.0049
Short Ratio 2.88
Source Interval 15
Symbol LSAK
Target High Price 8.0
Target Low Price 8.0
Target Mean Price 8.0
Target Median Price 8.0
Total Cash 69,474,000
Total Cash Per Share 0.853
Total Debt 250,980,000
Total Revenue 680,099,968
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.63
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 4.48775
Two Hundred Day Average Change 0.4022498
Two Hundred Day Average Change Percent 0.08963285
Type Disp Equity
Volume 37,585
Website https://www.lesakatech.com
Zip 2,196