Narrowing its net loss, the provider of secure, affordable transaction channels is on its way to becoming a profitable entity once more
Financial services and technology group Lesaka, formerly known as Net1, is showing progression on its journey to become a profitable company again as it narrowed its net loss.
The company, valued at R3.45bn on the JSE, decreased its net loss close to one-fifth year on year to $10.7m in its latest quarterly results and its headline loss per share, a measure of loss that strips out impairments and one-off items, narrowed by 30.4% to $0.16 per share...
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