Page 140 - Profile's Stock Exchange Handbook - 2025 Issue 1
P. 140

JSE – LAB                                Profile’s Stock Exchange Handbook: 2025 – Issue 1
                  Labat Africa Ltd.                      Lesaka Technologies Inc.
        LAB                                        LES
       ISIN: ZAE000018354  SHORT: LABAT  CODE: LAB  ISIN: US64107N2062  SHORT: LESAKA  CODE: LSK
       REG NO: 1986/001616/06  FOUNDED: 1995  LISTED: 1999  REG NO: 98-0171860  FOUNDED: 1997  LISTED: 2008
       NATURE OF BUSINESS: Labat Africa Ltd. is a local black owned and  NATURE OF BUSINESS: Lesaka is a South African financial technology
        managed Investment Holding Company, listed on the Venture Capital  companyfocusedonservingtheunderserved.Lesakadeliversfinancialservices
        Market of the Johannesburg Stock Exchange (“JSE”) as well as the  to consumers (B2C) and merchants (B2B) in Southern Africa through its
        Frankfort Stock Exchange (“FSE”).Labat was founded and incorporated in  proprietary banking and payment technologies. The company offers banking,
        1995 by Brian van Rooyen and Victor Labat and listed on the JSE in 1999 as  lending and insurance solutions to consumers, and cash management
        one of the first listed BEE companies.     solutions,billpaymenttechnology,value-addedservices,businessfundingand
       SECTOR: VENC                                card acquiring solutions to formal and informal retail merchants.
       NUMBER OF EMPLOYEES: 27                    SECTOR:Inds—IndsGoods&Services—IndsSupptServ—TransactProcessServ
       DIRECTORS: Mohamed R (ind ne), Mohammed P (ne), van Rooyen S,  NUMBER OF EMPLOYEES: 2 531
        Majiedt R (Chair, ind ne), van Rooyen B G (Interim CEO), Mohammed I  DIRECTORS: Ball A C (ind ne), Gobodo N (ind ne), Naidoo V (ind ne),
        N (Joint CEO), O’Neill D J (FD)            NkosiMM(ind ne), Pillay K (ld ind ne), Singh-Bushell E (ind ne, USA),
       MAJOR ORDINARY SHAREHOLDERS as at 31 May 2023  Sparrow D (ind ne), Mazanderani A (Chair), Kola N (COO), Smith D (CFO)
         Stanton van Rooyen (as nominee)  11.34%  MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024
         All Trading Private Equity (Pty) Ltd.  13.59%  Value Capital Partners (Pty) Ltd.  24.00%
         Alpvest Equities (Pty) Ltd.       8.45%    IFC Investors                    11.00%
       POSTAL ADDRESS: Private Bag X09-248, Weltevreden Park, 1715  POSTAL ADDRESS: PO Box 2424, Parklands, 2121
       MORE INFO: www.sharedata.co.za/sdo/jse/LAB  MORE INFO: www.sharedata.co.za/sdo/jse/LSK
       COMPANY SECRETARY: Alred van Rooyen        COMPANY SECRETARY: A M R Smith
       TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.  TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
       SPONSOR: Vunani Sponsors                   SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd.)
       AUDITORS: Khumalo Xaba Xulu Auditors       AUDITORS: Deloitte & Touche Inc.
       CAPITAL STRUCTURE   AUTHORISED     ISSUED  CAPITAL STRUCTURE   AUTHORISED     ISSUED
       LAB  Ords no par value  5 000 000 000  669 025 769  LSK  Ords USD0.1c ea  200 000 000  80 520 053
       LIQUIDITY: Jan25 Avg 163 497 shares p.w., R15 274.0(1.3% p.a.)  LIQUIDITY: Jan25 Avg 13 852 shares p.w., R1.3m(0.9% p.a.)
               INDT       40 Week MA   LABAT              SUPS       40 Week MA   LESAKA
                                           103                                         17157
                                           83                                          14406
                                           64                                          11655
                                           45                                          8903
                                           25                                          6152
                                           6                                           3401
          2020  |  2021  |  2022  |  2023  |  2024  |  2020  |  2021  |  2022  |  2023  |  2024  |
       NOTES: Labat Africa Ltd. changed its financial year end from August to May  NOTES: Net 1 UEPS Technologies Inc. renamed to Lesaka Technologies Inc.
        on 21 April 2022 .                         on 25 May 2022.
       FINANCIAL STATISTICS                       FINANCIAL STATISTICS
       (Amts in ZAR’000)  May 24  May 23  May 22  Aug 21  Aug 20  (Amts in USD’000)  Sep 24  Jun 24  Jun 23  Jun 22  Jun 21
                     Final  Final  Final  Final  Final       Quarterly  Final  Final  Final  Final
       Turnover     48 536  49 534  23 043  29 270  40 251  Turnover  145 546  564 222  527 971  226 609  130 786
       Op Inc      - 26 689  - 90 505  - 38 452  - 28 135  - 38 696  Op Inc  - 45  3 590  - 15 347  - 40 195  - 53 872
       NetIntPd(Rcvd)  1 624  1 739  1 143  1 343  1 853  NetIntPd(Rcvd)  4 446  16 638  16 714  3 740  566
       Minority Int  - 600  169  - 887  15  - 257  Att Inc     - 4 542  - 17 440  - 35 074  - 43 876  - 38 057
       Att Inc     - 25 804  - 86 901  - 36 083  - 22 770  10 377  TotCompIncLoss  -  -  - 61 960  - 66 995  - 14 703
       TotCompIncLoss  - 26 404  - 86 732  - 36 970  -  10 119  Fixed Ass  34 481  31 936  27 447  24 599  7 492
       Fixed Ass     3 345  3 834  3 855  700  583  Inv & Loans  245  206  3 171  5 861  10 004
       Tot Curr Ass  75 111  75 242  69 066  81 148  41 479  Tot Curr Ass  167 314  187 696  163 636  217 732  294 317
       Ord SH Int  - 23 801  416  77 250  91 592  69 791  Ord SH Int  184 217  175 857  179 478  234 920  275 980
       Minority Int  4 347  9 372  9 202  9 713  6 172  LT Liab  191 782  185 118  181 415  196 346  14 881
       LT Liab      49 219  47 549  61 161  66 004  78 559  Tot Curr Liab  96 461  118 046  101 912  145 870  52 490
       Tot Curr Liab  93 627  75 598  60 008  55 255  35 365
                                                  PER SHARE STATISTICS (cents per share)
       PER SHARE STATISTICS (cents per share)     HEPS-C (ZARc)  - 124.04  - 149.60  - 995.12 - 1 202.38  - 431.48
       HEPS-C (ZARc)  - 3.97  - 7.14  - 6.70  - 6.50  - 15.80  NAV PS (ZARc)  4 930.49 4 779.70 5 310.44 6 128.88 6 977.70
       NAV PS (ZARc)  - 2.99  1.58  15.40  21.10  19.60  3 Yr Beta  0.15  0.10  0.96  0.34  - 0.81
       3 Yr Beta     0.45  2.13  1.62  1.50  1.29  Price High   9 989  9 667  10 055  11 500  9 399
       Price High      9    26    40   68    75   Price Low     7 551  5 852  5 500  5 540  4 188
       Price Low       6     7    18   21    26   Price Prd End  8 305  8 999  7 322  7 839  6 615
       Price Prd End   7     7    22   23    55   RATIOS
       RATIOS                                     Ret on SH Fnd  - 6.89  - 6.83  - 13.55  - 13.96  - 10.54
       Ret on SH Fnd  271.45  - 886.11  - 57.02  - 22.46  13.32  Oper Pft Mgn  - 0.03  0.64  - 2.91  - 17.74  - 41.19
       Oper Pft Mgn  - 54.99  - 182.71  - 166.87  - 96.12  - 96.14  D:E  0.78  0.80  0.84  0.86  0.08
       D:E           - 2.74  5.30  0.76  0.70  1.10  Current Ratio  1.73  1.59  1.61  1.49  5.61
       Current Ratio  0.80  1.00  1.15  1.47  1.17










                                               138
   135   136   137   138   139   140   141   142   143   144   145