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Lesaka Technologies, Inc. LSAK Merchant — Goodwill Impairment

Other segment segments

Enterprisesegment
$5.58M
Consumer
$2.2M

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Other financials

Income statement

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Revenue$183.1M+13.4%
Gross profit$59.1M+33.5%
Operating income$4.1M+1,016%
Net income$552.0K+102%
EPS (diluted)$0.01+104%

Balance sheet

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Cash & equivalents$90.7M+27.5%
Total debt$232.3M+16.1%
Total equity$186.6M+0.8%
Total assets$675.0M+4.0%

Cash flow

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Operating cash flow$37.6M+252%
CapEx$3.4M+20.6%
Free cash flow$34.2M+336%

Valuation

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Market cap$419.55M+11.0%
Enterprise value$561.16M+7.0%
P/S0.6×0.0×

Profitability

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Gross margin31%+6.3pp
Operating margin-3%-3.2pp
Net margin-4%-1.5pp
FCF margin2%+1.3pp

Returns & leverage

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Return on equity-15%-5.5pp
Debt / equity1.2×+0.2×
Current ratio1.5×+0.2×

Where this comes from

Reported directly by Lesaka Technologies, Inc. in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Lesaka Technologies, Inc.’s 10-K, filed September 29, 2025.

Filed
Sep 29, 2025
Fiscal year
FY2025
Accession
0001562762-25-000245

9,268

ITEM 16.

FAQ

What is Lesaka Technologies, Inc.'s merchant — goodwill impairment?
Lesaka Technologies, Inc. (LSAK) reported merchant — goodwill impairment of $2.32M in Q2 2025.
What does merchant — goodwill impairment mean?
This represents a non-cash charge taken when the carrying value of goodwill associated with the Merchant segment exceeds its implied fair value. It signals that the expected future economic benefits from past acquisitions in this segment have declined. Frequent or large impairment charges may indicate poor historical capital allocation or deteriorating market conditions for the segment.

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