Lesaka Technologies, Inc. (NASDAQ:LSAK) Q3 2023 Earnings Conference Call May 10, 2023 8:00 AM ET
Company Participants
Rob Fink - Investor Relations
Chris Meyer - Group Chief Executive Officer
Steve Heilbron - Chief Executive Officer Connect and Head of Merchant Division
Lincoln Mali - Chief Executive Officer of Lesaka Southern Africa
Naeem Kola - Group Chief Financial Officer
Conference Call Participants
James Stark - Morgan Stanley
Raj Sharma - B Riley & Co.
Sven Thordsen - Anchor Securities
Theo O'Neill - Litchfield Hills Research
Rob Fink
Hello, everyone, and welcome to the Lesaka Technologies Fiscal Third Quarter 2023 Webcast and Conference Call.
As a reminder, the webcast is being recorded and the presentation can be accessed through the webcast link as well as dialling into the zoom conference call dial-in numbers provided. Management will address any questions you may have at the end of the presentation. For those joining us via webcast, you can ask your questions by using the "raising your hand" button in zoom, and for those joining via the zoom conference line, you cannot ask your questions live today.
The webcast link, zoom conference call dial-in numbers, as well as our press release and supplementary investor presentation are available on our Investor Relations website at ir.lesakatech.com. Additionally, Lesaka filed its Form 10-Q after the U.S. market close yesterday, Tuesday May 9, 2023, which is also available on our 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, we report results in U.S. dollars, under U.S. GAAP. However, it is important to note that our operational currency is South African rand and as such we analyze 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 in our business. As you know, the company's results can be significantly affected by the currency fluctuations between the U.S. dollar and the South African rand.
Taking a quick look at today's agenda: Chris Meyer, Group CEO of Lesaka, will start with performance highlights of the third quarter of fiscal year 2023 and a review of Lesaka's progress against its key strategic objectives; Steve Heilbron, CEO Connect and Head of Merchant Division, will provide an update on the Merchant Division, which has produced a stellar set of results; Lincoln Mali, CEO of Lesaka Southern Africa, will provide an update on the Consumer Division, which has passed another key milestone this quarter; and then Naeem Kola, Group CFO, will present an overview of our financial performance for the three months ended March 31, 2023; Chris will then conclude the results presentation with a discussion on the outlook for Lesaka, before the team opens up for Q&A, where we welcome any questions you may have.