Revenue in the year to end-June 2024 increased by 11% to R10.6-billion.
"We continue to improve the profitability of Lesaka materially, achieving group adjusted Ebitda of R691-million in FY2024, up from R445-million in FY2023 and a significant positive transformation compared to a group adjusted Ebitda loss of R328-million in FY2022," it said, referring to earnings before interest, tax depreciation and amortisation - a measure of operational profitability.
"We have carried this momentum into FY2025 and are providing a guidance range of R900-million to R1-billion" in adjusted Ebitda, said executive chairman Ali Mazanderani in a statement alongside the financial results.
Group adjusted Ebitda grew by 55% in the period. Although the company made a net loss of R326-million, it is an improvement of 48% from the R691-million loss recorded in 2023.
