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Side-by-side financial comparison of LESAKA TECHNOLOGIES INC (LSAK) and Primo Brands Corp (PRMB). Click either name above to swap in a different company.

LESAKA TECHNOLOGIES INC is the larger business by last-quarter revenue ($3.0B vs $1.6B, roughly 1.8× Primo Brands Corp). Primo Brands Corp runs the higher net margin — 1.7% vs 0.0%, a 1.7% gap on every dollar of revenue. On growth, Primo Brands Corp posted the faster year-over-year revenue change (0.8% vs 0.2%). Over the past eight quarters, LESAKA TECHNOLOGIES INC's revenue compounded faster (341.6% CAGR vs 19.7%).

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.

Primo Brands Corporation is an American-Canadian water company offering multi-gallon bottled water, water dispensers, self-service refill water machines, and water filtration appliances. The company is headquartered in Tampa, Florida, and services residential and commercial customers across the United States, Canada, Europe and Israel.

LSAK vs PRMB — Head-to-Head

Bigger by revenue
LSAK
LSAK
1.8× larger
LSAK
$3.0B
$1.6B
PRMB
Growing faster (revenue YoY)
PRMB
PRMB
+0.6% gap
PRMB
0.8%
0.2%
LSAK
Higher net margin
PRMB
PRMB
1.7% more per $
PRMB
1.7%
0.0%
LSAK
Faster 2-yr revenue CAGR
LSAK
LSAK
Annualised
LSAK
341.6%
19.7%
PRMB

Income Statement — Q1 FY2027 vs Q1 FY2026

Metric
LSAK
LSAK
PRMB
PRMB
Revenue
$3.0B
$1.6B
Net Profit
$437.0K
$27.3M
Gross Margin
28.6%
Operating Margin
2.2%
8.5%
Net Margin
0.0%
1.7%
Revenue YoY
0.2%
0.8%
Net Profit YoY
-4.9%
EPS (diluted)
$0.07

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
PRMB
PRMB
Q3 26
$3.0B
Q2 26
$3.1B
Q1 26
$1.6B
Q4 25
$178.7M
$1.6B
Q3 25
$171.4M
$1.8B
Q2 25
$168.5M
$1.7B
Q1 25
$161.4M
$1.6B
Q4 24
$176.2M
Net Profit
LSAK
LSAK
PRMB
PRMB
Q3 26
$437.0K
Q2 26
$3.6M
Q1 26
$27.3M
Q4 25
$3.6M
$-13.0M
Q3 25
$-4.3M
$16.8M
Q2 25
$-28.4M
$27.6M
Q1 25
$-22.1M
$28.7M
Q4 24
$-32.5M
Gross Margin
LSAK
LSAK
PRMB
PRMB
Q3 26
Q2 26
Q1 26
28.6%
Q4 25
31.4%
27.7%
Q3 25
30.9%
29.9%
Q2 25
28.9%
31.3%
Q1 25
27.5%
32.3%
Q4 24
25.7%
Operating Margin
LSAK
LSAK
PRMB
PRMB
Q3 26
2.2%
Q2 26
1.2%
Q1 26
8.5%
Q4 25
1.2%
1.2%
Q3 25
0.2%
8.3%
Q2 25
-16.7%
6.5%
Q1 25
0.4%
9.5%
Q4 24
0.3%
Net Margin
LSAK
LSAK
PRMB
PRMB
Q3 26
0.0%
Q2 26
0.1%
Q1 26
1.7%
Q4 25
2.0%
-0.8%
Q3 25
-2.5%
1.0%
Q2 25
-16.9%
1.6%
Q1 25
-13.7%
1.8%
Q4 24
-18.4%
EPS (diluted)
LSAK
LSAK
PRMB
PRMB
Q3 26
Q2 26
Q1 26
$0.07
Q4 25
$0.04
$-0.03
Q3 25
$-0.05
$0.04
Q2 25
$-0.40
$0.07
Q1 25
$-0.27
$0.08
Q4 24
$-0.40

Balance Sheet & Financial Strength

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

Metric
LSAK
LSAK
PRMB
PRMB
Cash + ST InvestmentsLiquidity on hand
$1.5B
Total DebtLower is stronger
$3.2B
$5.2B
Stockholders' EquityBook value
$3.0B
Total Assets
$11.5B
$10.6B
Debt / EquityLower = less leverage
1.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LSAK
LSAK
PRMB
PRMB
Q3 26
$1.5B
Q2 26
$1.2B
Q1 26
Q4 25
$69.5M
$376.7M
Q3 25
$72.2M
Q2 25
$76.5M
Q1 25
$71.0M
Q4 24
$60.6M
Total Debt
LSAK
LSAK
PRMB
PRMB
Q3 26
$3.2B
Q2 26
$3.4B
Q1 26
$5.2B
Q4 25
$216.8M
$5.2B
Q3 25
$208.1M
$5.1B
Q2 25
$200.8M
$5.1B
Q1 25
$194.7M
$5.0B
Q4 24
$148.7M
Stockholders' Equity
LSAK
LSAK
PRMB
PRMB
Q3 26
Q2 26
Q1 26
$3.0B
Q4 25
$180.6M
$3.0B
Q3 25
$170.4M
$3.2B
Q2 25
$161.6M
$3.2B
Q1 25
$185.2M
$3.3B
Q4 24
$193.3M
Total Assets
LSAK
LSAK
PRMB
PRMB
Q3 26
$11.5B
Q2 26
$11.7B
Q1 26
$10.6B
Q4 25
$704.6M
$10.6B
Q3 25
$652.9M
$11.0B
Q2 25
$653.7M
$11.0B
Q1 25
$649.2M
$11.0B
Q4 24
$640.6M
Debt / Equity
LSAK
LSAK
PRMB
PRMB
Q3 26
Q2 26
Q1 26
1.74×
Q4 25
1.20×
1.72×
Q3 25
1.22×
1.61×
Q2 25
1.24×
1.57×
Q1 25
1.05×
1.51×
Q4 24
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
PRMB
PRMB
Operating Cash FlowLast quarter
$103.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
2.9%
Cash ConversionOCF / Net Profit
3.80×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LSAK
LSAK
PRMB
PRMB
Q3 26
Q2 26
Q1 26
$103.8M
Q4 25
$-10.9M
$203.1M
Q3 25
$8.9M
$283.4M
Q2 25
$-9.1M
$155.0M
Q1 25
$10.7M
$38.8M
Q4 24
$-9.2M
Free Cash Flow
LSAK
LSAK
PRMB
PRMB
Q3 26
Q2 26
Q1 26
Q4 25
$-14.8M
$57.3M
Q3 25
$4.9M
$167.7M
Q2 25
$-13.2M
$101.1M
Q1 25
$7.8M
$-23.2M
Q4 24
$-15.5M
FCF Margin
LSAK
LSAK
PRMB
PRMB
Q3 26
Q2 26
Q1 26
Q4 25
-8.3%
3.7%
Q3 25
2.9%
9.5%
Q2 25
-7.8%
5.8%
Q1 25
4.9%
-1.4%
Q4 24
-8.8%
Capex Intensity
LSAK
LSAK
PRMB
PRMB
Q3 26
Q2 26
Q1 26
2.9%
Q4 25
2.2%
9.4%
Q3 25
2.3%
6.6%
Q2 25
2.4%
3.1%
Q1 25
1.7%
3.8%
Q4 24
3.6%
Cash Conversion
LSAK
LSAK
PRMB
PRMB
Q3 26
Q2 26
Q1 26
3.80×
Q4 25
-2.99×
Q3 25
16.87×
Q2 25
5.62×
Q1 25
1.35×
Q4 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

LSAK
LSAK

Segment breakdown not available.

PRMB
PRMB

Regional spring water$801.2M49%
Purified water$511.2M31%
Other$208.2M13%
Premium water$105.5M6%

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