Page 141 - Profile's Stock Exchange Handbook - 2025 Issue 4

Profile’s Stock Exchange Handbook: 2025 - Issue 4 JSE - LAB
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 2025
POSTAL ADDRESS: Private Bag X09-248, Weltevreden Park, 1715 Value Capital Partners (Pty) Ltd. 19.00%
MORE INFO: www.sharedata.co.za/sdo/jse/LAB IFC Investors 12.00%
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: P Mapfumo Accountants and 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 val 5 000 000 000 1 132 375 595 AUDITORS: Deloitte & Touche Inc.
LIQUIDITY: Oct25 Avg 4m shares p.w., R243 910.4(16.4% p.a.) CAPITAL STRUCTURE Authorised Issued
LSK Ords USD0.1c ea 200 000 000 84 216 009
LABAT 40 Week MA INDT LIQUIDITY: Oct25 Avg 35 340 shares p.w., R3.0m(2.2% p.a.)
140
120 LESAKA 40 Week MA SUPS
16000
100
14000
80
60 12000
40 10000
20 8000
0
2021 2022 2023 2024 2025 6000
4000
FINANCIAL STATISTICS 2021 2022 2023 2024 2025
May 25 May 24 May 23 May 22 Aug 21
(R ’000) FINANCIAL STATISTICS
Final Final Final Final Final
Turnover 98 850 48 536 49 534 23 043 29 270 (USD ’000) Jun 25 Jun 23 Jun 22 Jun 21 Jun 20
Op Inc 113 017 - 26 689 - 90 505 - 38 452 - 28 135 Final Final Final Final Final(rst)
NetIntPd(Rcvd) 1 816 1 624 1 739 1 143 1 343 Turnover 659 701 527 971 226 609 130 786 144 299
Minority Int 13 625 - 600 169 - 887 15 Op Inc - 27 100 - 15 347 - 40 195 - 53 872 - 44 248
Att Inc 110 991 - 25 804 - 86 901 - 36 083 - 22 770 NetIntPd(Rcvd) 18 857 16 714 3 740 566 4 836
TotCompIncLoss 124 616 - 26 404 - 86 732 - 36 970 - Minority Int - 130 - - - -
Fixed Ass 2 529 3 345 3 834 3 855 700 Att Inc - 87 504 - 35 074 - 43 876 - 38 057 - 78 358
Tot Curr Ass 597 919 75 111 75 242 69 066 81 148 TotCompIncLoss - - 61 960 - 66 995 - 14 703 - 51 621
Ord SH Int 145 451 - 23 801 416 77 250 91 592 Fixed Ass 44 924 27 447 24 599 7 492 6 656
Minority Int 101 565 4 347 9 372 9 202 9 713 Inv & Loans - 3 171 5 861 10 004 65 836
LT Liab 80 148 49 219 47 549 61 161 66 004 Tot Curr Ass 216 825 163 636 217 732 294 317 319 306
Tot Curr Liab 351 021 93 627 75 598 60 008 55 255 Ord SH Int 165 585 179 478 234 920 275 980 290 213
PER SHARE STATISTICS (cents per share) Minority Int 6 841 - - - -
HEPS-C (ZARc) 13.28 - 3.95 - 7.14 - 6.70 - 6.50 LT Liab 231 854 181 415 196 346 14 881 7 183
NAV PS (ZARc) 21.87 - 2.99 1.58 15.40 21.10 Tot Curr Liab 133 778 101 912 145 870 52 490 71 303
3 Yr Beta 0.36 0.45 2.13 1.62 1.50 PER SHARE STATISTICS (cents per share)
Price High 13 9 26 40 68 HEPS-C (ZARc) - 1 635.30 - 995.12 - 1 202.38 - 431.48 - 1 468.32
Price Low 4 6 7 18 21 NAV PS (ZARc) 3 839.43 5 310.44 6 128.88 6 977.70 - 342.09
Price Prd End 7 7 7 22 23 3 Yr Beta - 0.10 0.96 0.34 - 0.81 - 1.43
RATIOS Price High 9 989 10 055 11 500 9 399 14 800
Ret on SH Fnd 50.45 271.45 - 886.11 - 57.02 - 22.46 Price Low 7 002 5 500 5 540 4 188 3 860
Oper Pft Mgn 114.33 - 54.99 - 182.71 - 166.87 - 96.12 Price Prd End 7 725 7 322 7 839 6 615 5 995
D:E 0.34 - 2.74 5.30 0.76 0.70 RATIOS
Current Ratio 1.70 0.80 1.00 1.15 1.47 Ret on SH Fnd - 33.53 - 13.55 - 13.96 - 10.54 - 20.88
Oper Pft Mgn - 4.11 - 2.91 - 17.74 - 41.19 - 30.66
D:E 1.03 0.84 0.86 0.08 0.06
Current Ratio 1.62 1.61 1.49 5.61 4.48

139