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Lesaka Technologies, Inc. LSAK Reinsurance recoverable on paid losses and loss expenses

Reinsurance recoverable on paid losses and loss expenses at other companies

ProAssurance logo
ProAssurancePRA
$16.43M-9.3%
Safety Insurance Group logo
Safety Insurance GroupSAFT
$12.15M-65.4%
Palomar Holdings, Inc. logo
Palomar Holdings, Inc.PLMR
$57.44M+89.2%
Lesaka Technologies, Inc. logo
Lesaka Technologies, Inc.LSAK
$2.31M+32.1%
Slide Insurance Holdings, Inc. Common Stock logo
Slide Insurance Holdings, Inc. Common StockSLDE
$14.78M
Equitable Holdings logo
Equitable HoldingsEQH
$20.37B+171%

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$390.1M+13.2%
Enterprise value$531.71M+12.3%
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:ReinsuranceRecoverablesOnPaidLosses.

The official record: Lesaka Technologies, Inc.’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lesaka Technologies, Inc.'s reinsurance recoverable on paid losses and loss expenses?
Lesaka Technologies, Inc. (LSAK) reported reinsurance recoverable on paid losses and loss expenses of $2.31M in Q1 2026.
How has Lesaka Technologies, Inc.'s reinsurance recoverable on paid losses and loss expenses changed year-over-year?
Lesaka Technologies, Inc.'s reinsurance recoverable on paid losses and loss expenses increased by 32.1% year-over-year, from $1.75M to $2.31M.
What is the long-term trend for Lesaka Technologies, Inc.'s reinsurance recoverable on paid losses and loss expenses?
Over 4 years (2021 to 2025), Lesaka Technologies, Inc.'s reinsurance recoverable on paid losses and loss expenses has grown at a 9.1% compound annual growth rate (CAGR), from $1.3M to $1.84M.
What does reinsurance recoverable on paid losses and loss expenses mean?
This represents the amount of claims paid by the company that are contractually recoverable from reinsurers. It functions as an asset reflecting the credit risk and collection expectations from third-party insurance partners. High levels of recoverables indicate significant reliance on reinsurance to mitigate underwriting risk.