Added to YB: 2024-09-27
Pitch date: 2024-09-12
LSAK [bullish]
Lesaka Technologies, Inc.
-4.52%
current return
Author Info
Thomas Niel is a value investor seeking opportunities in micro-cap and nano-cap stocks.
Company Info
Lesaka Technologies, Inc. provides financial technology (fintech) products and services through its platform in South Africa and internationally.
Market Cap
$312.2M
Pitch Price
$4.65
Price Target
9.26 (+109%)
Dividend
N/A
EV/EBITDA
8.47
P/E
-3.54
EV/Sales
0.71
Sector
Financial Services
Category
turnaround
Lesaka Technologies: This African Fintech Remains Poised For Another Breakout
LSAK: SA fintech up 54% YTD on turnaround. FY24: rev +11%, adj EBITDA +55%, cash flow +R538M. FY25 guidance: EBITDA +30-45%. Catalysts: Adumo/Touchsides acquisitions, MobiKwik stake ($60-76M), SA political stability. EV/EBITDA 7.5x (FY25). Potential upside to $9.26/share (+85%).
Read full article (9 min)