LESAKA TECHNOLOGIES INC
For the period ended Jun 30, 2025. Filed Sep 29, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Sep 29, 2025
What changed in Risk Factors?
Read the current filingPrevious report: 10-K
Period ended 2024-06-30; filed 2024-09-11.
0001562762-24-000222
Item 1A. Risk FactorsCurrent report: 10-K
Period ended 2025-06-30; filed 2025-09-29.
0001562762-25-000245
Item 1A. Risk FactorsThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 3898 previous paragraphs and 4190 current paragraphs.
2459 unchanged; 75 reworded; 1653 added; 1355 removed; 9 previous and 3 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (1653)
Current report
as of June 30, 2025). We partially funded certain of
Current report
of Lesaka SA’s directly and indirectly wholly-owned
Showing the first 40 of 1653 passages. Open the source sections for the rest.
Removed paragraphs (1355)
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profitability and positive cash flow. We have made significant progress on both of these initiatives however we cannot assure you that
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we will be able to complete our strategy successfully and return to profitability and
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cannot provide assurance that issues related to those events will not resurface
Showing the first 40 of 1355 passages. Open the source sections for the rest.
Reworded paragraphs (75)
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CASH FLOWS, AND THE TRADING PRICE OF OUR COMMON STOCK
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CASH FLOWS, AND THE TRADING PRICE OF OUR COMMON STOC
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specified levels, engage in certain business combinations and engage
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specified levels, engage in certain business combinations and engage in
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incur additional indebtedness, make investments, engage in certain
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incur additional indebtedness, make investments, engage
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business combinations and engage in other corporate activities.
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in certain business combinations and engage in other corporate activities.
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and certain third-party consents. Some of these conditions are outside
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approvals and certain third-party consents. Some of these conditions are
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would result in a material adverse effect on the Adumo’s
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would result in a material adverse effect on the Bank Zero’s
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We may not realize some or all of the anticipated benefits from the Adumo acquisition.
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We may not realize some or all of the anticipated benefits
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regulatory rules required to operate its business.
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to comply with certain regulatory rules required to operate its business.
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organizations and the necessity of retaining and integrating personnel,
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two organizations and the necessity of retaining and integrating
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such as Adumo, may not be required to comply with Sarbanes prior
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to the time we acquire them. The integration of these
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internal control over financial reporting may not be effective.
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materially impaired, and as a result, our financial condition, results of operations,
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material impairments, and as a result, our financial condition, results of
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operations, cash flows and stock price could suffer.
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measures that have been taken, and could be taken
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and other countries have created global security
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global economies, any or all of which could adversely affect our business.
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economies, any or all of which could adversely affect our business.
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and/or escalation of the Russian and Ukraine and Israel-
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and/or escalation of the conflicts, along with any
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create a number of risks that could adversely impact
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expansion of the conflict to surrounding areas, create a number of risks that could
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increased inflation and significant volatility in the macroeconomic
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Increased inflation and significant volatility in the macroeconomic environment;
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disruptions to our technology infrastructure, including through cyberattacks,
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Disruptions to our technology infrastructure, including through
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cyberattacks, ransom attacks or cyber-intrusion;
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situation in Ukraine and the Middle East and globally and assessing the potential
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situation in Ukraine, the Middle East and globally and assessing the potential
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technology sales and processing revenue could decrease.
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may adversely affect our business and results of operations.
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significant reduction in the amounts available under our
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significant reduction in the amounts provided under these arrangements. We
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negatively impacted due to the unavailability of cash.
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are negatively impacted due to the unavailability of cash.
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All of our microfinance loans made are for a period of six months or less and all of our merchant lending through Connect is for
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All of our microfinance loans made are for a period of nine months or less and all of our merchant
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is required to assess the ultimate recoverability of these microfinance
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to assess the ultimate recoverability of these microfinance loan receivables.
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compensation from us for their losses. Even if unsuccessful, this type of
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compensation. Even if unsuccessful, this type of claim could be time-consuming
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claim could be time-consuming and costly for us to address.
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protecting our intellectual property rights in countries where we currently have patent or trademark protection, or any other country in
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our intellectual property rights in countries where we currently have protection, or any other country in which we operate, may not be
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no assurance that we will not incur any such material losses in the future.
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assurance that we will not incur any such material losses in the future.
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ability to meet the demand of our customers, which would have an adverse
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demand of our customers, which would have an adverse effect on
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EasyPay Insurance is a life insurance company and exposes us to risks typically experienced by life assurance companies. Some
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is a life insurance company and exposes us to risks typically
Showing the first 40 of 75 pairs. Open the source sections for the rest.
Rearranged current paragraphs (3)
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lending is for a period of less
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and/or civil or criminal liability.
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into our internal control over financial reporting
Rearranged previous paragraphs (9)
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Hamas conflicts, along with any expansion of the conflict to surrounding areas,
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be accelerated. If this were to occur, we might not be able to obtain waivers of default or to refinance the debt with another lender and
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as a result, our business and financial condition would suffer.
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adverse effect on our financial condition, results of
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which we operate, may not be
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flows and results of operations. We
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of our outstanding common stock as of June 30,
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our directors and officers or upon our
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costs in the event of proceedings being