Lesaka Technologies Inc 2024年度报告

FORM10-K (Mark One)☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934For the fiscal year endedJune 30, 2025OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ANDEXCHANGE ACT OF 1934For the transition period fromTo Commission file number:000-31203 LESAKA TECHNOLOGIES, INC.(Exact name of registrant as specified in its charter) (IRS EmployerIdentification No.) President Place,4th Floor,Cnr. Jan Smuts Avenue and Bolton RoadRosebank, Johannesburg2196,South Africa(Address of principal executive offices, including zip code) Registrant’s telephone number,including area code:27-11-343-2000 Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act: Indicate by checkmark if theregistrant is awell-known seasoned issuer, asdefined in Rule405 of theSecuritiesAct.Yes☐No☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d)of the Act.Yes☐No☒ Indicate by check mark whetherthe registrant (1) has filedall reports required to befiled by Section 13 or15(d)oftheSecuritiesExchangeActof1934duringthepreceding12months(orforsuchshorterperiodthattheregistrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data FilerequiredtobesubmittedpursuanttoRule405ofRegulationS-T(§232.405ofthischapter)duringthepreceding12months (or for such shorter period that the registrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-acceleratedfiler, smallerreporting companyor anemerging growthcompany. See thedefinitions of“large acceleratedfiler,”“acceleratedfiler,”“smallerreporting company,”and“emerging growthcompany”inRule 12b-2 oftheExchange Act (check one): ☒Accelerated filer☒Smaller reporting company☐Emerging growth company If anemerginggrowth company,indicate bycheck markif theregistrant haselected notto usethe extendedtransition periodfor complyingwith anynew orrevised financialaccounting standardsprovided pursuanttoSection 13(a) of the Exchange Act.☐ Indicatebycheckmark whethertheregistrant hasfiledareportonandattestationto itsmanagement’sassessmentoftheeffectivenessofitsinternalcontroloverfinancialreportingunderSection404(b)oftheSarbanes-Oxley Act(15U.S.C.7262(b)) bythe registeredpublicaccounting firmthat preparedorissued itsaudit report.☒ If securitiesare registeredpursuant toSection 12(b)of theAct, indicateby checkmark whetherthe financialstatements of the registrant included in the filing reflect the correction of an error to previously issued financialstatements.☒ Indicate by check markwhether any of thoseerror corrections are restatementsthat required arecovery analysisofincentive-basedcompensationreceivedbyanyoftheregistrant’sexecutiveofficersduringtherelevantrecovery period pursuant to §240.10D-1(b).☐ Indicate bycheck markwhether theregistrant isa shellcompany (asdefined inRule 12b-2of theExchangeAct). Yes☐No☒ Theaggregatemarketvalueoftheregistrant’scommonstockheldbynon-affiliatesoftheregistrantasofDecember 31,2024(thelastbusiness dayofthe registrant’smostrecently completedsecond fiscalquarter),based upon the closing price of the common stock as reported by The NASDAQ Global Select Market on suchdate, was $288,493,330. This calculationdoes not reflecta determination thatpersons are affiliatesfor any otherpurposes. As of September 29, 2025,83,673,097shares of the registrant’s common stock, par value $0.001 per share, netof treasury shares, were outstanding. DOCUMENTS INCORPORATED BY REFERENCE Certainportions of the definitive Proxy Statement for our 2025 Annual Meeting of Shareholders areincorporated by reference into Part III of this Form 10-K. LESAKA TECHNOLOGIES, INCINDEX TO ANNUAL REPORT ON FORM 10-KYearEnded June 30, 2025 PARTI Item 1.BusinessItem 1A.Risk FactorsItem 1B.Unresolved Staff CommentsItem 1CCybersecurityItem 2.PropertiesItem 3.Legal ProceedingsItem 4.Mine Safety Disclosures PARTII Item 5.Market for Registrant’s CommonEquity, Related StockholderMatters and IssuerPurchases of Equity SecuritiesItem 6.[Reserved]Item 7.Management’s Discussion and Analysisof Financial Condition and Results ofOperationsItem 7A.Quantitative and Qualitative Disclosures About Market RiskItem 8.Financial Statements and Supplementary DataItem 9.Changes in and Disagreements with Accountants on Accounting and FinancialDisclosuresItem 9A.Controls and ProceduresItem 9B.Other InformationItem 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections PARTIII Item 10.Directors, Executive Officers and Corporate GovernanceItem 11.Executive CompensationItem 12.Security Ownership of Certain Beneficial Owners and Managementand RelatedStockholder MattersItem 13.Certain Relationships and Related T