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Side-by-side financial comparison of Amrize Ltd (AMRZ) and LESAKA TECHNOLOGIES INC (LSAK). Click either name above to swap in a different company.

Amrize Ltd is the larger business by last-quarter revenue ($3.7B vs $3.0B, roughly 1.2× LESAKA TECHNOLOGIES INC). Amrize Ltd runs the higher net margin — 14.8% vs 0.0%, a 14.8% gap on every dollar of revenue. On growth, Amrize Ltd posted the faster year-over-year revenue change (6.6% vs 0.2%).

Holcim is a Swiss-based global building materials and aggregates flagship division of the Holcim Group. The original company was merged on 10 July 2015 with Lafarge to form LafargeHolcim as the new company and renamed to Holcim Group in 2021. The Holcim brand remained active within the group when the merger was completed.

Lesaka Technologies is a South-African financial technology company that is listed on the NASDAQ and Johannesburg Stock Exchange. Lesaka’s primary focus is on financial inclusion, offering financial services to previously underserved communities and merchants.

AMRZ vs LSAK — Head-to-Head

Bigger by revenue
AMRZ
AMRZ
1.2× larger
AMRZ
$3.7B
$3.0B
LSAK
Growing faster (revenue YoY)
AMRZ
AMRZ
+6.4% gap
AMRZ
6.6%
0.2%
LSAK
Higher net margin
AMRZ
AMRZ
14.8% more per $
AMRZ
14.8%
0.0%
LSAK

Income Statement — Q3 FY2025 vs Q1 FY2027

Metric
AMRZ
AMRZ
LSAK
LSAK
Revenue
$3.7B
$3.0B
Net Profit
$545.0M
$437.0K
Gross Margin
29.6%
Operating Margin
21.2%
2.2%
Net Margin
14.8%
0.0%
Revenue YoY
6.6%
0.2%
Net Profit YoY
-1.4%
EPS (diluted)
$0.98

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMRZ
AMRZ
LSAK
LSAK
Q3 26
$3.0B
Q4 25
$178.7M
Q3 25
$3.7B
$171.4M
Q2 25
$3.2B
$168.5M
Q1 25
$161.4M
Q4 24
$176.2M
Q3 24
$3.4B
$153.6M
Q2 24
$3.2B
$146.0M
Net Profit
AMRZ
AMRZ
LSAK
LSAK
Q3 26
$437.0K
Q4 25
$3.6M
Q3 25
$545.0M
$-4.3M
Q2 25
$429.0M
$-28.4M
Q1 25
$-22.1M
Q4 24
$-32.5M
Q3 24
$553.0M
$-4.5M
Q2 24
$474.0M
$-5.0M
Gross Margin
AMRZ
AMRZ
LSAK
LSAK
Q3 26
Q4 25
31.4%
Q3 25
29.6%
30.9%
Q2 25
30.0%
28.9%
Q1 25
27.5%
Q4 24
25.7%
Q3 24
30.2%
22.6%
Q2 24
30.2%
22.6%
Operating Margin
AMRZ
AMRZ
LSAK
LSAK
Q3 26
2.2%
Q4 25
1.2%
Q3 25
21.2%
0.2%
Q2 25
20.8%
-16.7%
Q1 25
0.4%
Q4 24
0.3%
Q3 24
24.5%
-0.0%
Q2 24
23.3%
0.2%
Net Margin
AMRZ
AMRZ
LSAK
LSAK
Q3 26
0.0%
Q4 25
2.0%
Q3 25
14.8%
-2.5%
Q2 25
13.3%
-16.9%
Q1 25
-13.7%
Q4 24
-18.4%
Q3 24
16.0%
-3.0%
Q2 24
14.6%
-3.4%
EPS (diluted)
AMRZ
AMRZ
LSAK
LSAK
Q3 26
Q4 25
$0.04
Q3 25
$0.98
$-0.05
Q2 25
$0.78
$-0.40
Q1 25
$-0.27
Q4 24
$-0.40
Q3 24
$1.00
$-0.07
Q2 24
$0.86
$-0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMRZ
AMRZ
LSAK
LSAK
Cash + ST InvestmentsLiquidity on hand
$826.0M
$1.5B
Total DebtLower is stronger
$3.2B
Stockholders' EquityBook value
$12.9B
Total Assets
$24.0B
$11.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMRZ
AMRZ
LSAK
LSAK
Q3 26
$1.5B
Q4 25
$69.5M
Q3 25
$826.0M
$72.2M
Q2 25
$601.0M
$76.5M
Q1 25
$71.0M
Q4 24
$60.6M
Q3 24
$49.7M
Q2 24
$59.1M
Total Debt
AMRZ
AMRZ
LSAK
LSAK
Q3 26
$3.2B
Q4 25
$216.8M
Q3 25
$208.1M
Q2 25
$200.8M
Q1 25
$194.7M
Q4 24
$148.7M
Q3 24
$148.5M
Q2 24
$143.2M
Stockholders' Equity
AMRZ
AMRZ
LSAK
LSAK
Q3 26
Q4 25
$180.6M
Q3 25
$12.9B
$170.4M
Q2 25
$12.4B
$161.6M
Q1 25
$185.2M
Q4 24
$193.3M
Q3 24
$9.8B
$184.2M
Q2 24
$9.3B
$175.9M
Total Assets
AMRZ
AMRZ
LSAK
LSAK
Q3 26
$11.5B
Q4 25
$704.6M
Q3 25
$24.0B
$652.9M
Q2 25
$23.8B
$653.7M
Q1 25
$649.2M
Q4 24
$640.6M
Q3 24
$551.9M
Q2 24
$558.5M
Debt / Equity
AMRZ
AMRZ
LSAK
LSAK
Q3 26
Q4 25
1.20×
Q3 25
1.22×
Q2 25
1.24×
Q1 25
1.05×
Q4 24
0.77×
Q3 24
0.81×
Q2 24
0.81×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMRZ
AMRZ
LSAK
LSAK
Operating Cash FlowLast quarter
$854.0M
Free Cash FlowOCF − Capex
$669.0M
FCF MarginFCF / Revenue
18.2%
Capex IntensityCapex / Revenue
5.0%
Cash ConversionOCF / Net Profit
1.57×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMRZ
AMRZ
LSAK
LSAK
Q3 26
Q4 25
$-10.9M
Q3 25
$854.0M
$8.9M
Q2 25
$-9.1M
Q1 25
$10.7M
Q4 24
$-9.2M
Q3 24
$-4.1M
Q2 24
$5.7M
Free Cash Flow
AMRZ
AMRZ
LSAK
LSAK
Q3 26
Q4 25
$-14.8M
Q3 25
$669.0M
$4.9M
Q2 25
$-13.2M
Q1 25
$7.8M
Q4 24
$-15.5M
Q3 24
$-8.1M
Q2 24
$937.0K
FCF Margin
AMRZ
AMRZ
LSAK
LSAK
Q3 26
Q4 25
-8.3%
Q3 25
18.2%
2.9%
Q2 25
-7.8%
Q1 25
4.9%
Q4 24
-8.8%
Q3 24
-5.3%
Q2 24
0.6%
Capex Intensity
AMRZ
AMRZ
LSAK
LSAK
Q3 26
Q4 25
2.2%
Q3 25
5.0%
2.3%
Q2 25
2.4%
Q1 25
1.7%
Q4 24
3.6%
Q3 24
2.6%
Q2 24
3.2%
Cash Conversion
AMRZ
AMRZ
LSAK
LSAK
Q3 26
Q4 25
-2.99×
Q3 25
1.57×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMRZ
AMRZ

Building Materials$2.8B75%
Building Envelope$901.0M25%
Equity Method Investee$5.0M0%

LSAK
LSAK

Segment breakdown not available.

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