LSAK FY 2006 Earnings Report — Lesaka Technologies, Inc. Revenue & Financial Results | Market Cap Arena

Lesaka Technologies, Inc.LSAK

FY 2006 Earnings

Reported August 29, 2006

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2006	Prior Q	FY 2005	QoQ Change	YoY Change
Revenue	$196M	—	—	—	—
Op. Income	$90M	—	—	—	—
Gross Margin	74.2%	—	—	—	—
Net Margin	30.2%	—	—	—	—
EPS (Diluted)	$1.03	—	—	—	—
Free Cash Flow	$74M	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$196M
Cost of Revenue	$51M
GROSS PROFIT	$145M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$49M
SG&A Expenses	$49M
Other Expenses	$7M
Operating Expenses	$56M
Cost & Expenses	$106M
OPERATING INCOME	$90M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$6M
INCOME BEFORE TAX	$96M
Income Tax Expense	$37M
Net Income from Continuing Ops	$59M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$59M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$59M
D&A	$6M
EBIT	$90M
EBITDA	$95M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$196M
Cost of Revenue	$51M
GROSS PROFIT	$145M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$49M
SG&A Expenses	$49M
Other Expenses	$7M
Operating Expenses	$56M
Cost & Expenses	$106M
OPERATING INCOME	$90M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	$6M
INCOME BEFORE TAX	$96M
Income Tax Expense	$37M
Net Income from Continuing Ops	$59M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$59M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$59M
D&A	$6M
EBIT	$90M
EBITDA	$95M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$59M
Depreciation & Amortization	$6M
Stock-Based Compensation	$0
Deferred Income Tax	$9M
Other Non-Cash Items	$464.0K
Change in Working Capital	$2M
OPERATING CASH FLOW	$76M
Capital Expenditure	-$2M
Acquisitions (Net)	-$4M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$336.0K
NET CASH FROM INVESTING	-$6M
Net Debt Issuance	$20.0K
Common Stock Repurchased	-$4M
Common Dividends Paid	$0
Other Financing Activities	$0
NET CASH FROM FINANCING	$30M
FREE CASH FLOW	$74M
Net Change in Cash	$82M

Balance Sheet

Item	Amount
Cash & Equivalents	$190M
Short-Term Investments	$0
Net Receivables	$45M
Inventory	$2M
Other Current Assets	$3M
TOTAL CURRENT ASSETS	$241M
PP&E (Net)	$4M
Goodwill	$14M
Intangible Assets	$6M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$6M
TOTAL NON-CURRENT ASSETS	$29M
TOTAL ASSETS	$270M
Account Payables	$2M
Short-Term Debt	$20.0K
Deferred Revenue	$5M
Other Current Liabilities	$27M
TOTAL CURRENT LIABILITIES	$43M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$18M
Other Non-Current Liabilities	$0
TOTAL NON-CURRENT LIABILITIES	$18M
TOTAL LIABILITIES	$61M
Common Stock	$50.0K
Additional Paid-In Capital	$106M
Retained Earnings	$117M
Treasury Stock	-$4M
Accum. Other Comp. Income	-$10M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$209M
Minority Interest	$0
TOTAL EQUITY	$209M
TOTAL LIABILITIES & EQUITY	$270M
Total Debt	$20.0K
Net Debt	-$190M