Easypay finance cEO guidance in the latest conference

CEO guidance in the latest conference call projected double-digit EBITDA growth for FY2024, reinforcing the bullish case amid a competitive digital finance environment. Chris Meyer: Good morning and good afternoon, and welcome to our first quarter 2024 earnings webcast and conference call. Today, I'm pleased to present the continuation of the growth in our Merchant division, and another quarter of continued improvement in the Consumer division as both our turnaround efforts and growth initiatives bear fruit. Lesaka is a leading fintech in Southern Africa with over 1.3 million grant beneficiaries using our EasyPay Everywhere financial services platform and over 84,000 MSME merchants using our fintech solutions to grow their businesses. Our dual-sided consumer and merchant ecosystem penetrates deep into South Africa's informal markets, providing us with an opportunity to meaningfully drive financial inclusion across previously underserved communities. “Auto repair shops, pet stores, and other retailers concerned with their reputation should stop steering customers to predatory loans by TAB Bank and EasyPay Finance.” Short interest in Easypay Finance fell by 6% over the past month, indicating that bearish sentiment may be waning. This shift could lay the groundwork for a short-covering rally if positive economic data emerges.