LSAK - Lesaka Technologies Inc. (LSAK) Q2 2024 Earnings Call Transcript
2024-02-07 16:30:06 ET
Lesaka Technologies, Inc. (LSAK)
Q2 2024 Earnings Call Transcript
February 07, 2024, 08:00 AM ET
Company Participants
Chris Meyer - Group CEO
Steven Heilbron - CEO Connect and Head of Merchant Division
Lincoln Mali - CEO Southern Africa
Naeem Kola - Group CFO
Ali Mazanderani - Executive Chairman
Conference Call Participants
Raj Sharma - B. Riley
Theodore O'Neill - Hills research
Presentation
Operator
Hello, everyone, and welcome to the Lesaka Technologies Webcast and Conference Call for the Second Quarter of Fiscal 2024. As a reminder, the webcast is being recorded, and the presentation can be accessed through the webcast link as well as dialing into the Zoom conference call dial-in numbers provided. Management will address any questions you may have at the end of the presentation. [Operator Instructions] The Webcast link, Zoom conference call dial-in numbers as well as the press release and supplementary investor presentation are available on the Investor Relations website at ir.lesakatech.com. Additionally, Lesaka filed its Form 10-Q after the US market closed yesterday, which is also available on the Lesaka Investor Relations website.
As a reminder, during this call, we will be making forward-looking statements, and I ask you to look at the cautionary language contained in our Form 10-Q regarding the risks and uncertainties associated with forward-looking statements. Also as a domestic filer in the United States, Lesaka reports results in US dollars under US GAAP. However, it is important to note that the operational currency is the South African rand. And as such, we analyzed our performance in South African rand. In this presentation, we will discuss our results in South African rand, which is non-GAAP. This assists investors' understanding of the underlying trends of our business. As you know, the company's results can be significantly affected by the currency fluctuations between the US dollar and the South African rand.
Taking a look at today's agenda, Chris Meyer, Group CEO of Lesaka, will start with an overview of performance highlights for the second quarter of fiscal 2024 and a review of Lesaka's progress against its key strategic objectives. Steven Heilbron, CEO Connect Group and Head of Merchant Division, will provide an update on the Merchant Division, followed by Lincoln Mali, CEO of Lesaka Southern Africa, who will take us through the Consumer Division's performance this quarter. Naeem Kola, Group CFO, will present a detailed overview of our financial performance for the three months ended December 31, 2023, and update you on the Q3 and full year guidance.
Chris will then provide some closing remarks, after which Lesaka's incoming Executive Chairman, Ali Mazanderani, will introduce himself and outline his thoughts on Lesaka's mission and strategy. Thereafter, we will open the floor for any questions you may have....
Lesaka Technologies, Inc. (LSAK) Q2 2024 Earnings Call Transcript