Three months ended

September 30,

2022

2021

(in thousands except

percent and

per share data)

Numerator:

Net loss attributable to Lesaka

$

(10,696)

$

(12,994)

Undistributed (loss) earnings

$

(10,696)

$

(12,994)

Percent allocated to common shareholders (Calculation 1)

96

99

Numerator for (loss) earnings per share: basic and diluted

(10,277)

(12,915)

Continuing

(10,277)

(12,915)

Denominator

Denominator for basic (loss) earnings per share:

Weighted-average common shares outstanding

59,996

56,332

Denominator for diluted (loss) earnings per share: adjusted weighted average common shares outstanding and assuming conversion

59,996

56,463

(Loss) Earnings per share:

Basic

$

(0.17)

$

(0.23)

Diluted

$

(0.17)

$

(0.23)

(Calculation 1)

Basic weighted-average common shares outstanding (A)

59,996

56,332

Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B)

62,445

56,678

Percent allocated to common shareholders (A) / (B)

96

99