UEPS - Earnings announcements

JOHANNESBURG, South Africa, May 10, 2022 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS, JSE: NT1))) today released results for the third fiscal quarter ended March 31, 2022. Highlights: Revenue increased to $35.2 million, up 27% in rand terms and 22% in dollar terms, underpinned by stronger merchant revenue;After normalizing for $5.9 million of once off restructuring fees, Segment Adjusted EBITDA (before corporate/eliminations) improved to $0.3 million income from a $10.7 million loss in the comparable quarter, driven by increased revenue in our merchant segment and continued execution on cost saving initiatives;Over $19.2 million (ZAR 300 million) in annualized Project

JOHANNESBURG, South Africa, April 22, 2022 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) ("Net1") today announced it will release third quarter 2022 results after the US market close on May 10, 2022. Net1 management will host a presentation by webcast and conference call on May 11, 2022, at 8:00 a.m. Eastern Time to review these results. Participants now have the option to either: Watch the live results presentation by webcast using the webcast link below; orListen to an audio only broadcast of the results, using the conference call information below. Webcast information:The results webcast can be accessed by using the following webcast link:https://78449.

JOHANNESBURG, South Africa, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS, JSE: NT1))) today released results for the second fiscal quarter ended December 31, 2021. Highlights: Continued momentum in Easy Pay Everywhere ("EPE"), ending the quarter with just under 1.1 million EPE accounts as of December 31, 2021;At December 31, 2021, unrestricted cash of $182.4 million;Revenue of $31.1 million, a decrease of 4% from Q2 2021;38% recovery in operating loss to $(9.4) million in Q2 2022, reflecting the direct cost reductions in our Consumer business;GAAP EPS of $(0.22) and Fundamental EPS of $(0.13); and42% improvement in adjusted EBITDA loss to $(7.1) million, u

JOHANNESBURG, South Africa, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) ("Net1") today announced it will release second quarter 2022 results after the market close on February 9, 2022. Net1 management will host a conference call to review these results on February 10, 2022, at 8:00 a.m. Eastern Time. To participate in the call, dial 1-508-924-4326 (US and Canada), 0333-300-1418 (U.K. only) or 010-201-6800 (South Africa only) ten minutes prior to the start of the call. Callers should request "Net1 call" upon dial-in. The call will also be webcast on the Net1 homepage, www.net1.com. Please click on the webcast link at least ten minutes prior to

JOHANNESBURG, South Africa, Nov. 08, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS, JSE: NT1))) today released results for the first fiscal quarter ended September 30, 2021. Financial Metrics: Continued momentum in EPE account openings;At September 30, 2021, unrestricted cash of $188 million and no debt;Revenue of $34.5 million, a decrease of 2% from Q1 2021;Operating loss of $(11.2) million in Q1 2022;GAAP EPS of $(0.23) and Fundamental EPS of $(0.22); andAdjusted EBITDA loss of $(10.1) million. "While the South African economy continued to be challenging in the first quarter, I am pleased that the Net1 team continued to stay fo

The Acquisition Significantly Expands Net1's Addressable Market, Merchant Offering & Footprint as it Builds the Leading Fintech Platform in South Africa Company to Host Conference Call to Discuss Acquisition at 8:30am ET JOHANNESBURG, South Africa, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS, JSE: NT1))) (the "Company" or "Net1") today announced it has signed a definitive agreement to acquire 100% of the Connect Group for a consideration of approximately ZAR 3.7 billion (the "Acquisition"), or $242.0 million at an exchange rate of $1: ZAR 15.22. The acquisition of the Connect Group, a profitable, high-growth and leading South African fintech company,

JOHANNESBURG, South Africa, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Net1 (NasdaqGS: UEPS; JSE: NT1) today announced it will release first quarter 2022 results after the market close on November 8, 2021. Net1 management will host a conference call to review these results on November 9, 2021, at 8:00 a.m. Eastern Time. To participate in the call, dial 1-508-924-4326 (US and Canada), 0333-300-1418 (U.K. only) or 010-201-6800 (South Africa only) ten minutes prior to the start of the call. Callers should request "Net1 call" upon dial-in. The call will also be webcast on the Net1 homepage, www.net1.com. Please click on the webcast link at least ten minutes prior to the call. A webcast of the call wil

JOHANNESBURG, South Africa, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NASDAQ:UEPS, JSE: NT1))) today released results for the fourth quarter and year ended June 30, 2021. Financial Highlights: Net increase of approximately 23,000 EasyPay Everywhere (EPE) account holders during Q4 2021, and an additional 61,000 – combined – in July and August of 2021;Non-cash increase of $23.4 million in Q4 2021, before tax effect, in the fair value of investment in MobiKwik;At June 30, 2021, unrestricted cash of $199 million and no debt;Revenue of $34.5 million in Q4 2021, an increase of 20% from Q3 2021;Operating loss of $(13.6) million in Q4 2

JOHANNESBURG, South Africa, Aug. 25, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS; JSE: NT1) ("Net1") today announced it will release fourth quarter and year-end 2021 results after the market close on September 13, 2021. Net1 management will host a conference call to review these results on September 14, 2021, at 8:00 a.m. Eastern Time. To participate in the call, dial 1-508-924-4326 (US and Canada), 0333-300-1418 (U.K. only) or 010-201-6800 (South Africa only) ten minutes prior to the start of the call. Callers should request "Net1 call" upon dial-in. The call will also be webcast on the Net1 homepage, www.net1.com. Please click on the webcast link at least ten