XML 12 R1.htm IDEA: XBRL DOCUMENT v3.25.2
Document And Entity Information - shares
6 Months Ended
Dec. 31, 2024
Feb. 03, 2025
Document And Entity Information [Abstract]    
Document Type 10-Q/A  
Document Quarterly Report true  
Document Period End Date Dec. 31, 2024  
Document Transition Report false  
Entity File Number 000-31203  
Entity Registrant Name LESAKA TECHNOLOGIES, INC.  
Entity Incorporation State Country Code FL  
Entity Tax Identification Number 98-0171860  
Entity Address Line One President Place, 4thFloor  
Entity Address Line Two Cnr. Jan Smuts Avenue and Bolton Road  
Entity Address, City or Town Rosebank, Johannesburg  
Entity Address, Postal Zip Code 2196  
Entity Address Country ZA  
Country Region 27  
City Area Code 11  
Local Phone Number 343-2000  
Title of 12(b) Security Common stock, par value $0.001 per share  
Trading Symbol LSAK  
Security Exchange Name NASDAQ  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Accelerated Filer  
Entity Small Business true  
Entity Emerging Growth Company false  
Entity Shell Company false  
Entity Common Stock, Shares Outstanding   79,124,599
Document Fiscal Year Focus 2025  
Document Fiscal Period Focus Q2  
Current Fiscal Year End Date --06-30  
Entity Central Index Key 0001041514  
Amendment Flag true  
Amendment Description EXPLANATORY NOTE This Amendment No. 1 on Form 10-Q/A (“Amendment No. 1”) amends the Quarterly Report on Form 10-Q of Lesaka Technologies, Inc. (the “Company”) for the quarter ended December 31, 2024, as originally filed with the Securities and Exchange Commission (the “SEC”) on February 5, 2025, (the “Original Filing”). On September 10, 2025, the Company filed a Current Report on Form 8-K under Item 4.02(a) with the SEC relating to the Original Filing. This Amendment No. 1 amends the Original Filing to reflect the restatement of the Company’s unaudited condensed consolidated financial statements for the three and six months ended December 31, 2024, in order to correct an error related to the Company’s accounting for revenue, as more fully described in Note 1 to the unaudited condensed consolidated financial statements contained in this Amendment No. 1. In correcting the misstatement in this Amendment No. 1, the Company has also revised other financial statement line item amounts, including but not limited to its long-term borrowings and current portion of long-term borrowings to revise its presentation of between these accounts as a result of a misclassification identified during the three and nine months ended March 31, 2025, refer to Note 1 for additional information. In addition, we have filed an amendment to our Quarterly Reports on Form 10-Q for quarterly periods ended September 30, 2024, originally filed with the SEC on November 6, 2024; and March 31, 2025, originally filed with the SEC on May 7, 2025. Internal Control Considerations Management has reassessed its evaluation of the effectiveness of its internal control over financial reporting as of December 31, 2024, as further described in Part I, Item 4 of this Amendment, and concluded that material weaknesses existed and that internal control over financial reporting was not effective as of December 31, 2025. Items Amended in this Form 10-Q/A For ease of reference, this Amendment No. 1 amends and restates the Original Filing in its entirety. Revisions to the Original Filing have been made to the following sections: •Part I, Item 1 – Financial Statements •Part I, Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations •Part I, Item 4 - Controls and Procedures •Part II, Item 1A. – Risk Factors •Part II, Item 6 - Exhibits In addition, this Form 10-Q/A updates the signature page. In accordance with Rule 12b-15 under the Securities Exchange Act of 1934, the Company is also including with this Form 10-Q/A new certifications required by Sections 302 and 906 of the Sarbanes-Oxley Act of 2022 from the Company’s Executive Chairman (as principal executive officer) and Group Chief Financial Officer (as principal financial officer) dated as of the filing date of this Form 10-Q/A (included in Part II, Item 6. “Exhibits” and attached as Exhibits 31.1, 31.2, and 32). Except as described above, this Form 10-Q/A is presented as of the date of the Original Filing and does not substantively amend, update or change any other items or disclosures contained in the Original Filing. Accordingly, this Form 10-Q/A does not reflect or purport to reflect any information or events occurring subsequent to February 5, 2025, the filing date of the Original Filing, unless specifically noted herein, or otherwise modify or update those disclosures affected by subsequent events, except to the extent they are otherwise required to be included and discussed herein. Among other things, forward-looking statements made in the Original Filing have not been revised to reflect events, results or developments that occurred or facts that became known to the Company after the date of the Original Form 10-Q, other than the restatement. Accordingly, this Form 10-Q/A should be read in conjunction with the Company’s filings with the SEC that were made after the filing of the Original Filing including any amendments to those filings. This Form 10-Q/A should be read with the Annual Report on Form 10-K filed with the SEC on or about September 29, 2025.