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Lesaka Technologies (Lesaka Technologies) Net Income : $-26.1 Mil (TTM As of Dec. 2023)


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What is Lesaka Technologies Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Lesaka Technologies's Net Income for the three months ended in Dec. 2023 was $-2.7 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-26.1 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Lesaka Technologies's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.04.


Lesaka Technologies Net Income Historical Data

The historical data trend for Lesaka Technologies's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lesaka Technologies Net Income Chart

Lesaka Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -311.01 -78.36 -38.06 -43.88 -35.07

Lesaka Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.65 -5.82 -11.91 -5.65 -2.71

Lesaka Technologies Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Lesaka Technologies's Net Income for the fiscal year that ended in Jun. 2023 is calculated as

Net Income(A: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-32.266+2.309+0+-5.117
=-35.1

Lesaka Technologies's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-2.064+-0.686+0+0.043
=-2.7

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-26.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lesaka Technologies  (NAS:LSAK) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Lesaka Technologies's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Lesaka Technologies Net Income Related Terms

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Lesaka Technologies (Lesaka Technologies) Business Description

Traded in Other Exchanges
Address
Corner Jan Smuts Avenue and Bolton Road, President Place, 4th Floor, Rosebank, Johannesburg, GT, ZAF, 2196
Lesaka Technologies Inc provides payment solutions, transaction processing solutions, and financial technologies. The company operates two reportable segments: Merchant and Consumer. The company operates mainly within South Africa. The Merchant segment that derives majority revenue includes activities related to the provision of goods and services provided to corporate and other juristic entities. It earns fees from processing activities performed for its customers and revenue generated from the distribution of prepaid airtime. The Consumer segment includes activities related to the provision of financial services to customers, including bank accounts, loans, and insurance products. The firm charges monthly administration fees for all bank accounts.
Executives
Ali Mazanderani director C/O NET 1 UEPS TECHNOLOGIES, INC., 4TH FL CNR JAN SMUT AVE & BOLTON RD., ROSEBANK, JOHANNESBURG T3 00000
Value Capital Partners (pty) Ltd 10 percent owner ROSEBANK LINK, 173 OXFORD ROAD, 8TH FLOOR, GAUTENG T3 2196
Meyer Christopher G.b. director, officer: Chief Executive Officer C/O NET 1 UEPS TECHNOLOGIES, INC., 4TH FL CNR JAN SMUT AVE & BOLTON RD, ROSEBANK, JOHANNESBURG T3 00000
Sharron Venessa Naidoo director 643 WILLOWGROVE ROAD, DAINFERN T3 2055
Lincoln Camagu Mali officer: CEO: South Africa C/O NET 1 UEPS TECHNOLOGIES, INC., 4TH FL CNR JAN SMUT AVE & BOLTON RD, ROSEBANK, JOHANNESBURG T3 00000
Steven John Heilbron director, officer: Connect Grp Chief Exec Officer C/O SOUVARIS PROPERTIES 45 PTY LTD, 139 KLOOF ROAD, CLIFTON T3 8005
Monde Nkosi director C/O VALUE CAPITAL PARTNERS, 173 OXFORD ROAD, ROSEBANK LINK 8TH FLOOR, GAUTENG T3 2196
Anthony C Ball director PRIVATE BAG XI, NORTHLANDS T3 2116
Naeem Ebrahim Kola director, officer: Group Chief Financial Officer VILLA E2, STREET E13, DISTRICT 5, JUMEIRAH PARK, DUBAI C0 00000
Nonkululeko Nompumelelo Gobodo director C/O NET 1 UEPS TECHNOLOGIES, INC., 4TH FL CNR JAN SMUT AVE & BOLTON RD, ROSEBANK, JOHANNESBURG T3 00000
Nunthakumarin Pillay officer: Managing Dir.: South Africa PRESIDENT PLACE, 4TH FLOOR, CNR. JAN SMUTS AVENUE AND BOLTON ROAD, ROSEBANK, JOHANNESBURG T3 T3
Jabulane Albert Mabuza director C/O NET 1 UEPS TECHNOLOGIES, INC., 4TH FL CNR JAN SMUT AVE & BOLTON RD., ROSEBANK, JOHANNESBURG T3 00000
Javed Hamid director C/O NET 1 UEPS TECHNOLOGIES, INC., 4TH FL CNR JAN SMUT AVE & BOLTON RD, ROSEBANK, JOHANNESBURG T3 00000
Ekta Singh-bushell director 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Kubandiran Pillay director C/O NET 1 UEPS TECHNOLOGIES, INC., 4TH FL CNR JAN SMUTS AVE & BOLTON RD, ROSEBANK, JOHANNESBURG T3 00000