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Side-by-side financial comparison of LESAKA TECHNOLOGIES INC (LSAK) and McCormick & Company (MKC). Click either name above to swap in a different company.

LESAKA TECHNOLOGIES INC is the larger business by last-quarter revenue ($3.0B vs $1.9B, roughly 1.6× McCormick & Company). McCormick & Company runs the higher net margin — 12.2% vs 0.0%, a 12.2% gap on every dollar of revenue. On growth, McCormick & Company posted the faster year-over-year revenue change (2.9% vs 0.2%). Over the past eight quarters, LESAKA TECHNOLOGIES INC's revenue compounded faster (352.8% CAGR vs 7.5%).

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.

McCormick & Company, Incorporated is an American food company that manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavoring products to retail outlets, food manufacturers, and food service businesses.

LSAK vs MKC — Head-to-Head

Bigger by revenue
LSAK
LSAK
1.6× larger
LSAK
$3.0B
$1.9B
MKC
Growing faster (revenue YoY)
MKC
MKC
+2.7% gap
MKC
2.9%
0.2%
LSAK
Higher net margin
MKC
MKC
12.2% more per $
MKC
12.2%
0.0%
LSAK
Faster 2-yr revenue CAGR
LSAK
LSAK
Annualised
LSAK
352.8%
7.5%
MKC

Income Statement — Q1 FY2027 vs Q4 FY2025

Metric
LSAK
LSAK
MKC
MKC
Revenue
$3.0B
$1.9B
Net Profit
$437.0K
$226.6M
Gross Margin
38.9%
Operating Margin
2.2%
16.8%
Net Margin
0.0%
12.2%
Revenue YoY
0.2%
2.9%
Net Profit YoY
5.3%
EPS (diluted)
$0.84

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
LSAK
LSAK
MKC
MKC
Q3 26
$3.0B
Q4 25
$178.7M
$1.9B
Q3 25
$171.4M
$1.7B
Q2 25
$168.5M
$1.7B
Q1 25
$161.4M
$1.6B
Q4 24
$176.2M
$1.8B
Q3 24
$153.6M
$1.7B
Q2 24
$146.0M
$1.6B
Net Profit
LSAK
LSAK
MKC
MKC
Q3 26
$437.0K
Q4 25
$3.6M
$226.6M
Q3 25
$-4.3M
$225.5M
Q2 25
$-28.4M
$175.0M
Q1 25
$-22.1M
$162.3M
Q4 24
$-32.5M
$215.2M
Q3 24
$-4.5M
$223.1M
Q2 24
$-5.0M
$184.2M
Gross Margin
LSAK
LSAK
MKC
MKC
Q3 26
Q4 25
31.4%
38.9%
Q3 25
30.9%
37.4%
Q2 25
28.9%
37.5%
Q1 25
27.5%
37.6%
Q4 24
25.7%
40.2%
Q3 24
22.6%
38.7%
Q2 24
22.6%
37.7%
Operating Margin
LSAK
LSAK
MKC
MKC
Q3 26
2.2%
Q4 25
1.2%
16.8%
Q3 25
0.2%
16.7%
Q2 25
-16.7%
14.8%
Q1 25
0.4%
14.0%
Q4 24
0.3%
17.0%
Q3 24
-0.0%
17.1%
Q2 24
0.2%
14.2%
Net Margin
LSAK
LSAK
MKC
MKC
Q3 26
0.0%
Q4 25
2.0%
12.2%
Q3 25
-2.5%
13.1%
Q2 25
-16.9%
10.5%
Q1 25
-13.7%
10.1%
Q4 24
-18.4%
12.0%
Q3 24
-3.0%
13.3%
Q2 24
-3.4%
11.2%
EPS (diluted)
LSAK
LSAK
MKC
MKC
Q3 26
Q4 25
$0.04
$0.84
Q3 25
$-0.05
$0.84
Q2 25
$-0.40
$0.65
Q1 25
$-0.27
$0.60
Q4 24
$-0.40
$0.79
Q3 24
$-0.07
$0.83
Q2 24
$-0.08
$0.68

Balance Sheet & Financial Strength

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

Metric
LSAK
LSAK
MKC
MKC
Cash + ST InvestmentsLiquidity on hand
$1.5B
$95.9M
Total DebtLower is stronger
$3.2B
$3.6B
Stockholders' EquityBook value
$5.7B
Total Assets
$11.5B
$13.2B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LSAK
LSAK
MKC
MKC
Q3 26
$1.5B
Q4 25
$69.5M
$95.9M
Q3 25
$72.2M
$94.9M
Q2 25
$76.5M
$124.1M
Q1 25
$71.0M
$102.8M
Q4 24
$60.6M
$186.1M
Q3 24
$49.7M
$200.8M
Q2 24
$59.1M
$166.3M
Total Debt
LSAK
LSAK
MKC
MKC
Q3 26
$3.2B
Q4 25
$216.8M
$3.6B
Q3 25
$208.1M
$3.9B
Q2 25
$200.8M
$3.9B
Q1 25
$194.7M
$3.9B
Q4 24
$148.7M
$3.9B
Q3 24
$148.5M
$3.4B
Q2 24
$143.2M
$4.1B
Stockholders' Equity
LSAK
LSAK
MKC
MKC
Q3 26
Q4 25
$180.6M
$5.7B
Q3 25
$170.4M
$5.8B
Q2 25
$161.6M
$5.6B
Q1 25
$185.2M
$5.4B
Q4 24
$193.3M
$5.3B
Q3 24
$184.2M
$5.4B
Q2 24
$175.9M
$5.3B
Total Assets
LSAK
LSAK
MKC
MKC
Q3 26
$11.5B
Q4 25
$704.6M
$13.2B
Q3 25
$652.9M
$13.2B
Q2 25
$653.7M
$13.2B
Q1 25
$649.2M
$12.9B
Q4 24
$640.6M
$13.1B
Q3 24
$551.9M
$13.2B
Q2 24
$558.5M
$13.0B
Debt / Equity
LSAK
LSAK
MKC
MKC
Q3 26
Q4 25
1.20×
0.63×
Q3 25
1.22×
0.67×
Q2 25
1.24×
0.69×
Q1 25
1.05×
0.71×
Q4 24
0.77×
0.73×
Q3 24
0.81×
0.63×
Q2 24
0.81×
0.77×

Cash Flow & Capital Efficiency

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

Metric
LSAK
LSAK
MKC
MKC
Operating Cash FlowLast quarter
$542.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.39×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LSAK
LSAK
MKC
MKC
Q3 26
Q4 25
$-10.9M
$542.0M
Q3 25
$8.9M
$258.8M
Q2 25
$-9.1M
$45.9M
Q1 25
$10.7M
$115.5M
Q4 24
$-9.2M
$458.7M
Q3 24
$-4.1M
$161.7M
Q2 24
$5.7M
$163.1M
Free Cash Flow
LSAK
LSAK
MKC
MKC
Q3 26
Q4 25
$-14.8M
Q3 25
$4.9M
$206.1M
Q2 25
$-13.2M
$-2.4M
Q1 25
$7.8M
$78.4M
Q4 24
$-15.5M
Q3 24
$-8.1M
$102.7M
Q2 24
$937.0K
$94.8M
FCF Margin
LSAK
LSAK
MKC
MKC
Q3 26
Q4 25
-8.3%
Q3 25
2.9%
11.9%
Q2 25
-7.8%
-0.1%
Q1 25
4.9%
4.9%
Q4 24
-8.8%
Q3 24
-5.3%
6.1%
Q2 24
0.6%
5.8%
Capex Intensity
LSAK
LSAK
MKC
MKC
Q3 26
Q4 25
2.2%
Q3 25
2.3%
3.1%
Q2 25
2.4%
2.9%
Q1 25
1.7%
2.3%
Q4 24
3.6%
Q3 24
2.6%
3.5%
Q2 24
3.2%
4.2%
Cash Conversion
LSAK
LSAK
MKC
MKC
Q3 26
Q4 25
-2.99×
2.39×
Q3 25
1.15×
Q2 25
0.26×
Q1 25
0.71×
Q4 24
2.13×
Q3 24
0.72×
Q2 24
0.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LSAK
LSAK

Segment breakdown not available.

MKC
MKC

Consumer$1.1B61%
Flavor Solutions$723.1M39%

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