Page 140 - Profile's Stock Exchange Handbook - 2025 Issue 2

JSE – LAB Profile’s Stock Exchange Handbook: 2025 – Issue 2
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: 48 SECTOR:Inds—IndsGoods&Services—IndsSupptServ—TransactProcessServ
DIRECTORS: Kabila J (ne), Mohamed R (ind ne), Mohammed P (ne), NUMBER OF EMPLOYEES: 2 531
van Rooyen S, van Rooyen B G (Interim CEO), DIRECTORS: Ball A C (ind ne), Gobodo N (ind ne), Naidoo V (ind ne), Nkosi
Mohammed I N (Joint CEO), Bodirwa M N (Interim Chair, ne), O’Neill MM(ind ne), Pillay K (ld ind ne), Singh-Bushell E (ind ne, USA), Sparrow D
D J (FD) (ind ne), Mazanderani A (Chair), Kola N (COO), Smith D (CFO)
MAJOR ORDINARY SHAREHOLDERS as at 31 May 2024 MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024
All Trading Private Equity (Pty) Ltd. 14.36% Value Capital Partners (Pty) Ltd. 24.00%
Stanton van Rooyen (as nominee) 10.84% IFC Investors 11.00%
Alpvest Equities (Pty) Ltd. 8.07% POSTAL ADDRESS: PO Box 2424, Parklands, 2121
POSTAL ADDRESS: Private Bag X09-248, Weltevreden Park, 1715 MORE INFO: www.sharedata.co.za/sdo/jse/LSK
MORE INFO: www.sharedata.co.za/sdo/jse/LAB COMPANY SECRETARY: A M R Smith
COMPANY SECRETARY: Alred van Rooyen TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd.)
SPONSOR: Vunani Sponsors AUDITORS: Deloitte & Touche Inc.
AUDITORS: Khumalo Xaba Xulu Auditors
CAPITAL STRUCTURE AUTHORISED ISSUED
CAPITAL STRUCTURE AUTHORISED ISSUED LSK Ords USD0.1c ea 200 000 000 84 216 009
LAB Ords no par value 5 000 000 000 1 132 375 595
LIQUIDITY: Apr25 Avg 20 895 shares p.w., R1.9m(1.3% p.a.)
LIQUIDITY: Apr25 Avg 1m shares p.w., R84 210.7(5.4% p.a.)
SUPS 40 Week MA LESAKA
INDT 40 Week MA LABAT
17157
103
14406
83
11655
64
8903
45
6152
25
3401
2020 | 2021 | 2022 | 2023 | 2024 |
6
2020 | 2021 | 2022 | 2023 | 2024 |
NOTES: Net 1 UEPS Technologies Inc. renamed to Lesaka Technologies Inc.
NOTES: Labat Africa Ltd. changed its financial year end from August to May on 25 May 2022.
on 21 April 2022. FINANCIAL STATISTICS
FINANCIAL STATISTICS (Amts in USD’000) Dec 24 Jun 24 Jun 23 Jun 22 Jun 21
(Amts in ZAR’000) Nov 24 May 24 May 23 May 22 Aug 21 Interim Final Final Final Final
Interim Final Final Final Final Turnover 292 364 564 222 527 971 226 609 130 786
Turnover 33 312 48 536 49 534 23 043 29 270 Op Inc 732 3 590 - 15 347 - 40 195 - 53 872
Op Inc 8 531 - 26 689 - 90 505 - 38 452 - 28 135 NetIntPd(Rcvd) 9 899 16 638 16 714 3 740 566
NetIntPd(Rcvd) 330 1 624 1 739 1 143 1 343 Minority Int 28 - - - -
Minority Int 980 - 600 169 - 887 15 Att Inc - 36 676 - 17 440 - 35 074 - 43 876 - 38 057
Att Inc 7 626 - 25 804 - 86 901 - 36 083 - 22 770 TotCompIncLoss - - - 61 960 - 66 995 - 14 703
TotCompIncLoss 8 606 - 26 404 - 86 732 - 36 970 - Fixed Ass 42 295 31 936 27 447 24 599 7 492
Fixed Ass 3 348 3 345 3 834 3 855 700 Inv & Loans 181 206 3 171 5 861 10 004
Tot Curr Ass 88 827 75 111 75 242 69 066 81 148 Tot Curr Ass 211 365 187 696 163 636 217 732 294 317
Ord SH Int - 16 175 - 23 801 416 77 250 91 592 Ord SH Int 193 310 175 857 179 478 234 920 275 980
Minority Int 5 327 4 347 9 372 9 202 9 713 Minority Int 6 727 - - - -
LT Liab 51 609 55 703 47 549 61 161 66 004 LT Liab 124 484 185 118 181 415 196 346 14 881
Tot Curr Liab 93 892 93 627 75 598 60 008 55 255 Tot Curr Liab 227 096 118 046 101 912 145 870 52 490
PER SHARE STATISTICS (cents per share) PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 1.29 - 3.97 - 7.14 - 6.70 - 6.50 HEPS-C (ZARc) - 915.45 - 149.60 - 995.12 - 1 202.38 - 431.48
NAV PS (ZARc) - 1.62 - 2.99 1.58 15.40 21.10 NAV PS (ZARc) 4 555.51 4 779.70 5 310.44 6 128.88 6 977.70
3 Yr Beta 0.42 0.45 2.13 1.62 1.50 3 Yr Beta - 0.10 0.96 0.34 - 0.81
Price High 7 9 26 40 68 Price High 9 989 9 667 10 055 11 500 9 399
Price Low 7 6 7 18 21 Price Low 7 551 5 852 5 500 5 540 4 188
Price Prd End 7 7 7 22 23 Price Prd End 9 031 8 999 7 322 7 839 6 615
RATIOS RATIOS
Ret on SH Fnd - 158.67 271.45 - 886.11 - 57.02 - 22.46 Ret on SH Fnd - 25.36 - 6.83 - 13.55 - 13.96 - 10.54
Oper Pft Mgn 25.61 - 54.99 - 182.71 - 166.87 - 96.12 Oper Pft Mgn 0.25 0.64 - 2.91 - 17.74 - 41.19
D:E - 5.15 - 3.07 5.30 0.76 0.70 D:E 0.84 0.80 0.84 0.86 0.08
Current Ratio 0.95 0.80 1.00 1.15 1.47 Current Ratio 0.93 1.59 1.61 1.49 5.61
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