Lesaka Technologies corrects error in financial results

[mylesillidge]

South African payment giant corrects mistake in financial results

Lesaka Technologies issued a correction for its previously reported third-quarter results for the 2026 financial year regarding its headline earnings.

Specifically, the South African fintech giant corrected an error in the calculation of the net income and loss used to calculate headline earnings reported in the quarterly update.

 

[rustypup]

OK. Who's the auditor that signed off on this noise?

 

[SHL]

OK. Who's the auditor that signed off on this noise?

I've always wondered how come the auditors involved in incidents like these and others - corrupt municipalities, gov institutions etc are never taken to task.

 

[rustypup]

are never taken to task.

Read the engagement docs.

They agree to produce outputs - unqualified - but make no claim as to veracity or accuracy

For this "service" they bill millions

 

[BrotherTheresa]

Called it:

Post in thread 'Lesaka increased operating profit by 804%' https://mybroadband.co.za/forum/thr...operating-profit-by-804.1337872/post-34385171