Lesaka Technologies Sees Q1 Revenue Between ZAR 2.5 Billion And ZAR 2.7 Billion; FY25 Revenue Between ZAR 10 Billion And ZAR 11 Billion.
Portfolio Pulse from Benzinga Newsdesk
Lesaka Technologies projects Q1 2025 revenue between ZAR 2.5 billion and ZAR 2.7 billion, and FY 2025 revenue between ZAR 10 billion and ZAR 11 billion. The outlook includes impacts from the Adumo acquisition and interest expenses on the consumer loan book.
September 11, 2024 | 8:09 pm
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Lesaka Technologies anticipates significant revenue growth in FY 2025, with projections between ZAR 10 billion and ZAR 11 billion. The outlook includes the impact of the Adumo acquisition and interest expenses on the consumer loan book.
Lesaka Technologies' revenue guidance for FY 2025 shows a strong growth trajectory, with a significant increase from previous figures. The inclusion of the Adumo acquisition and interest expenses on the consumer loan book are key factors in this outlook. The projected growth in Group Adjusted EBITDA further supports a positive short-term impact on the stock price.
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