Three months ended

Nine months ended

March 31,

2023

2022

2023

2022

(in thousands except

percent and

per share data)

Numerator:

Net loss attributable to Lesaka

$

(5,820)

$

(3,327)

$

(23,165)

$

(28,727)

Undistributed loss

(5,820)

(3,327)

(23,165)

(28,727)

Percent allocated to common shareholders

(Calculation 1)

96%

98%

96%

99%

Numerator for loss per share: basic and diluted

$

(5,605)

$

(3,262)

$

(22,130)

$

(28,299)

Denominator

Denominator for basic (loss) earnings per share:

weighted-average common shares outstanding

61,492

56,660

60,102

56,467

Effect of dilutive securities:

Denominator for diluted (loss) earnings per share: adjusted weighted average common shares outstanding and assuming conversion

61,492

56,660

60,102

56,467

Loss per share:

Basic

$

(0.09)

$

(0.06)

$

(0.37)

$

(0.50)

Diluted

$

(0.09)

$

(0.06)

$

(0.37)

$

(0.50)

(Calculation 1)

Basic weighted-average common shares outstanding (A)

61,492

56,660

60,102

56,467

Basic weighted-average common shares outstanding and unvested restricted shares expected to vest (B)

63,854

57,791

62,913

57,322

Percent allocated to common shareholders

(A) / (B)

96%

98%

96%

99%