Page 138 - Profile's Stock Exchange Handbook - 2025 Issue 3
P. 138

JSE - LAB                                Profile’s Stock Exchange Handbook: 2025 - Issue 3

                  Labat Africa Ltd.                      Lesaka Technologies Inc.

       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
        managed  Investment  Holding  Company,  listed  on  the  Venture   technology company focused on serving the underserved. Lesaka
        Capital Market of the Johannesburg Stock Exchange (“JSE”) as well   delivers financial services to consumers (B2C) and merchants (B2B)
        as the Frankfort Stock Exchange (“FSE”). Labat was founded and   in Southern Africa through its proprietary banking and payment
        incorporated in 1995 by Brian van Rooyen and Victor Labat and   technologies. The company offers banking, lending and insurance
        listed on the JSE in 1999 as one of the first listed BEE companies.  solutions  to  consumers,  and  cash  management  solutions,  bill
       SECTOR: Inds--IndsGoods & Services--IndsTransport--TransportSer  payment technology, value-added services, business funding and
       NUMBER OF EMPLOYEES: 48                     card acquiring solutions to formal and informal retail merchants.
       DIRECTORS: Kabila J (ne), Mohamed R (ind ne), Mohammed P (ne),   SECTOR: Inds--IndsGoods&Services--IndsSupptServ--TransactProcessServ
        van Rooyen S, van Rooyen B G (Interim CEO), Mohammed I N   NUMBER OF EMPLOYEES: 2 531
        (Joint CEO), Bodirwa M N (Interim Chair, ne), O’Neill D J (FD)  DIRECTORS: Ball A C (ind ne), Gobodo N (ind ne), Naidoo V (ind ne),
       MAJOR ORDINARY SHAREHOLDERS as at 31 May 2024   Nkosi M M (ind ne), Pillay K (ld ind ne), Singh-Bushell E (ind ne, USA),
        All Trading Private Equity (Pty) Ltd.   14.36%   Sparrow D (ind ne), Mazanderani A (Chair), Kola N (COO),
        Stanton van Rooyen (as nominee)   10.84%   Smith D (CFO)
        Alpvest Equities (Pty) Ltd.        8.07%  MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024
       POSTAL ADDRESS: Private Bag X09-248, Weltevreden Park, 1715  Value Capital Partners (Pty) Ltd.   24.00%
       MORE INFO: www.sharedata.co.za/sdo/jse/LAB  IFC Investors                     11.00%
       COMPANY SECRETARY: Alred van Rooyen        POSTAL ADDRESS: PO Box 2424, Parklands, 2121
       TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.  MORE INFO: www.sharedata.co.za/sdo/jse/LSK
       SPONSOR: Vunani Sponsors                   COMPANY SECRETARY: A M R Smith
       AUDITORS: Khumalo Xaba Xulu Auditors       TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
       CAPITAL STRUCTURE      Authorised  Issued  SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd.)
       LAB     Ords no par value    5 000 000 000    1 132 375 595  AUDITORS: Deloitte & Touche Inc.
       LIQUIDITY: Jul25 Avg 2m shares p.w., R116 577.7(8.1% p.a.)  CAPITAL STRUCTURE  Authorised  Issued
                                                  LSK     Ords USD0.1c ea     200 000 000     84 216 009
         LABAT  40 Week MA  INDT                  LIQUIDITY: Jul25 Avg 25 476 shares p.w., R2.2m(1.6% p.a.)
                                           250
                                                    LESAKA  40 Week MA  SUPS
                                           200                                        25000
                                           150                                        20000
                                           100                                        15000
                                           50                                         10000
                                           0                                          5000
          2021   2022   2023   2024   2025
                                                                                      0
       FINANCIAL STATISTICS                          2021   2022   2023   2024   2025
       (R ’000)    Nov 24   May 24  May 23   May 22   Aug 21
                   Interim  Final  Final  Final  Final  FINANCIAL STATISTICS
       Turnover     33 312  48 536  49 534  23 043  29 270  (USD ’000)  Mar 25   Jun 24  Jun 23   Jun 22   Jun 21
       Op Inc        8 531  - 26 689 - 90 505  - 38 452  - 28 135  Quarter  Final  Final  Final  Final
       NetIntPd(Rcvd)  330  1 624  1 739  1 143  1 343  Turnover  135 670  564 222  527 971  226 609  130 786
       Minority Int   980  - 600  169  - 887  15  Op Inc         569  3 590 - 15 347  - 40 195  - 53 872
       Att Inc       7 626  - 25 804 - 86 901  - 36 083  - 22 770  NetIntPd(Rcvd)  5 132  16 638  16 714  3 740  566
       TotCompIncLoss  8 606  - 26 404 - 86 732  - 36 970  -  Minority Int  20  -  -  -  -
       Fixed Ass     3 348  3 345  3 834  3 855  700  Att Inc  - 22 058  - 17 440 - 35 074  - 43 876  - 38 057
       Tot Curr Ass  88 827  75 111  75 242  69 066  81 148  TotCompIncLoss  -  - - 61 960  - 66 995  - 14 703
       Ord SH Int  - 16 175  - 23 801  416  77 250  91 592  Fixed Ass  42 554  31 936  27 447  24 599  7 492
       Minority Int  5 327  4 347  9 372  9 202  9 713  Inv & Loans  199  206  3 171  5 861  10 004
       LT Liab      51 609  55 703  47 549  61 161  66 004  Tot Curr Ass  212 442  187 696  163 636  217 732  294 317
       Tot Curr Liab  93 892  93 627  75 598  60 008  55 255  Ord SH Int  185 229  175 857  179 478  234 920  275 980
       PER SHARE STATISTICS (cents per share)     Minority Int  6 792   -    -     -     -
       HEPS-C (ZARc)  1.29  - 3.97  - 7.14  - 6.70  - 6.50  LT Liab  213 205  173 277  181 415  196 346  14 881
       NAV PS (ZARc)  - 1.62  - 2.99  1.58  15.40  21.10  Tot Curr Liab  155 015  129 887  101 912  145 870  52 490
       3 Yr Beta     0.42  0.45  2.13  1.62  1.50  PER SHARE STATISTICS (cents per share)
       Price High      7     9   26    40    68   HEPS-C (ZARc)  - 499.50  - 149.60 - 995.12 - 1 202.38  - 431.48
       Price Low       7     6    7    18    21   NAV PS (ZARc)  4 181.78  4 779.70 5 310.44  6 128.88  6 977.70
       Price Prd End   7     7    7    22    23   3 Yr Beta     0.03  0.10  0.96  0.34  - 0.81
       RATIOS                                     Price High    9 961  9 667  10 055  11 500  9 399
       Ret on SH Fnd  - 158.67  271.45 - 886.11  - 57.02  - 22.46  Price Low  8 000  5 852  5 500  5 540  4 188
       Oper Pft Mgn  25.61  - 54.99 - 182.71  - 166.87  - 96.12  Price Prd End  9 000  8 999  7 322  7 839  6 615
       D:E           - 5.15  - 3.07  5.30  0.76  0.70  RATIOS
       Current Ratio  0.95  0.80  1.00  1.15  1.47  Ret on SH Fnd  - 31.37  - 6.83  - 13.55  - 13.96  - 10.54
                                                  Oper Pft Mgn  0.42  0.64  - 2.91  - 17.74  - 41.19
                                                  D:E           0.94  0.80  0.84  0.86  0.08
                                                  Current Ratio  1.37  1.45  1.61  1.49  5.61
            This publication is also                   This publication is also
              available online                           available online
            Visit www.profile.co.za/SHB                Visit www.profile.co.za/SHB
          or scan the QR code to read the ebook      or scan the QR code to read the ebook


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