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Lesaka Technologies (Lesaka Technologies) Retained Earnings : $315.3 Mil (As of Mar. 2024)


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What is Lesaka Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lesaka Technologies's retained earnings for the quarter that ended in Mar. 2024 was $315.3 Mil.

Lesaka Technologies's quarterly retained earnings declined from Sep. 2023 ($322.0 Mil) to Dec. 2023 ($319.3 Mil) and declined from Dec. 2023 ($319.3 Mil) to Mar. 2024 ($315.3 Mil).

Lesaka Technologies's annual retained earnings declined from Jun. 2021 ($406.6 Mil) to Jun. 2022 ($362.7 Mil) and declined from Jun. 2022 ($362.7 Mil) to Jun. 2023 ($327.7 Mil).


Lesaka Technologies Retained Earnings Historical Data

The historical data trend for Lesaka Technologies's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lesaka Technologies Retained Earnings Chart

Lesaka Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 523.03 444.67 406.61 362.74 327.66

Lesaka Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 339.57 327.66 322.01 319.31 315.26

Lesaka Technologies Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Lesaka Technologies  (NAS:LSAK) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Lesaka Technologies (Lesaka Technologies) Business Description

Traded in Other Exchanges
Address
Corner Jan Smuts Avenue and Bolton Road, President Place, 4th Floor, Rosebank, Johannesburg, GT, ZAF, 2196
Lesaka Technologies Inc provides payment solutions, transaction processing solutions, and financial technologies. The company operates two reportable segments: Merchant and Consumer. The company operates mainly within South Africa. The Merchant segment that derives majority revenue includes activities related to the provision of goods and services provided to corporate and other juristic entities. It earns fees from processing activities performed for its customers and revenue generated from the distribution of prepaid airtime. The Consumer segment includes activities related to the provision of financial services to customers, including bank accounts, loans, and insurance products. The firm charges monthly administration fees for all bank accounts.
Executives
Ali Mazanderani director C/O NET 1 UEPS TECHNOLOGIES, INC., 4TH FL CNR JAN SMUT AVE & BOLTON RD., ROSEBANK, JOHANNESBURG T3 00000
Value Capital Partners (pty) Ltd 10 percent owner ROSEBANK LINK, 173 OXFORD ROAD, 8TH FLOOR, GAUTENG T3 2196
Meyer Christopher G.b. director, officer: Chief Executive Officer C/O NET 1 UEPS TECHNOLOGIES, INC., 4TH FL CNR JAN SMUT AVE & BOLTON RD, ROSEBANK, JOHANNESBURG T3 00000
Sharron Venessa Naidoo director 643 WILLOWGROVE ROAD, DAINFERN T3 2055
Lincoln Camagu Mali officer: CEO: South Africa C/O NET 1 UEPS TECHNOLOGIES, INC., 4TH FL CNR JAN SMUT AVE & BOLTON RD, ROSEBANK, JOHANNESBURG T3 00000
Steven John Heilbron director, officer: Connect Grp Chief Exec Officer C/O SOUVARIS PROPERTIES 45 PTY LTD, 139 KLOOF ROAD, CLIFTON T3 8005
Monde Nkosi director C/O VALUE CAPITAL PARTNERS, 173 OXFORD ROAD, ROSEBANK LINK 8TH FLOOR, GAUTENG T3 2196
Anthony C Ball director PRIVATE BAG XI, NORTHLANDS T3 2116
Naeem Ebrahim Kola director, officer: Group Chief Financial Officer VILLA E2, STREET E13, DISTRICT 5, JUMEIRAH PARK, DUBAI C0 00000
Nonkululeko Nompumelelo Gobodo director C/O NET 1 UEPS TECHNOLOGIES, INC., 4TH FL CNR JAN SMUT AVE & BOLTON RD, ROSEBANK, JOHANNESBURG T3 00000
Nunthakumarin Pillay officer: Managing Dir.: South Africa PRESIDENT PLACE, 4TH FLOOR, CNR. JAN SMUTS AVENUE AND BOLTON ROAD, ROSEBANK, JOHANNESBURG T3 T3
Jabulane Albert Mabuza director C/O NET 1 UEPS TECHNOLOGIES, INC., 4TH FL CNR JAN SMUT AVE & BOLTON RD., ROSEBANK, JOHANNESBURG T3 00000
Javed Hamid director C/O NET 1 UEPS TECHNOLOGIES, INC., 4TH FL CNR JAN SMUT AVE & BOLTON RD, ROSEBANK, JOHANNESBURG T3 00000
Ekta Singh-bushell director 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Kubandiran Pillay director C/O NET 1 UEPS TECHNOLOGIES, INC., 4TH FL CNR JAN SMUTS AVE & BOLTON RD, ROSEBANK, JOHANNESBURG T3 00000

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