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美国运通（AXP）与LESAKA TECHNOLOGIES INC（LSAK）财务数据对比。点击上方公司名可切换其他公司
LESAKA TECHNOLOGIES INC的季度营收约是美国运通的9.5倍（$178.7M vs $18.9M）。美国运通净利率更高（15.7% vs 2.0%，领先13.7%）。LESAKA TECHNOLOGIES INC同比增速更快（21.7% vs 11.4%）。过去两年LESAKA TECHNOLOGIES INC的营收复合增速更高（13.7% vs -95.6%）
美国运通是全球知名的支付服务提供商，主营签账卡、信用卡产品及旅行相关服务，下设全球消费者服务、全球商业服务、全球商户与网络服务三大业务板块，还提供支付融资、网络服务、应付账款费用管理、旅行生活服务等多元解决方案。
莱萨卡科技是一家总部位于南非的金融科技公司，目前同时在纳斯达克交易所与约翰内斯堡证券交易所挂牌上市。公司核心业务聚焦于金融普惠，面向此前金融服务覆盖不足的社区与商户提供各类金融服务。
AXP vs LSAK — 直观对比
营收规模更大
LSAK
是对方的9.5倍
$18.9M
营收增速更快
LSAK
高出10.3%
11.4%
净利率更高
AXP
高出13.7%
2.0%
两年增速更快
LSAK
近两年复合增速
-95.6%
损益表 — Q1 2026 vs Q2 2026
| 指标 | | |
|---|---|---|
| 营收 | $18.9M | $178.7M |
| 净利润 | $3.0M | $3.6M |
| 毛利率 | — | 31.4% |
| 营业利润率 | — | 1.2% |
| 净利率 | 15.7% | 2.0% |
| 营收同比 | 11.4% | 21.7% |
| 净利润同比 | 15.0% | 111.3% |
| 每股收益（稀释后） | — | $0.04 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收AXPLSAK
| Q1 26 | $18.9M | — | ||
| Q4 25 | $10.9B | $178.7M | ||
| Q3 25 | $10.4B | $171.4M | ||
| Q2 25 | $10.3B | $168.5M | ||
| Q1 25 | $9.6B | $161.4M | ||
| Q4 24 | $10.0B | $176.2M | ||
| Q3 24 | $9.7B | $153.6M | ||
| Q2 24 | $9.8B | $146.0M |
净利润AXPLSAK
| Q1 26 | $3.0M | — | ||
| Q4 25 | $2.5B | $3.6M | ||
| Q3 25 | $2.9B | $-4.3M | ||
| Q2 25 | $2.9B | $-28.4M | ||
| Q1 25 | $2.6B | $-22.1M | ||
| Q4 24 | $2.2B | $-32.5M | ||
| Q3 24 | $2.5B | $-4.5M | ||
| Q2 24 | $3.0B | $-5.0M |
毛利率AXPLSAK
| Q1 26 | — | — | ||
| Q4 25 | — | 31.4% | ||
| Q3 25 | — | 30.9% | ||
| Q2 25 | — | 28.9% | ||
| Q1 25 | — | 27.5% | ||
| Q4 24 | — | 25.7% | ||
| Q3 24 | — | 22.6% | ||
| Q2 24 | — | 22.6% |
营业利润率AXPLSAK
| Q1 26 | — | — | ||
| Q4 25 | 28.2% | 1.2% | ||
| Q3 25 | 36.7% | 0.2% | ||
| Q2 25 | 34.4% | -16.7% | ||
| Q1 25 | 34.6% | 0.4% | ||
| Q4 24 | 27.7% | 0.3% | ||
| Q3 24 | 33.0% | -0.0% | ||
| Q2 24 | 38.6% | 0.2% |
净利率AXPLSAK
| Q1 26 | 15.7% | — | ||
| Q4 25 | 22.5% | 2.0% | ||
| Q3 25 | 27.9% | -2.5% | ||
| Q2 25 | 28.0% | -16.9% | ||
| Q1 25 | 26.8% | -13.7% | ||
| Q4 24 | 21.8% | -18.4% | ||
| Q3 24 | 25.8% | -3.0% | ||
| Q2 24 | 30.7% | -3.4% |
每股收益（稀释后）AXPLSAK
| Q1 26 | — | — | ||
| Q4 25 | $3.52 | $0.04 | ||
| Q3 25 | $4.14 | $-0.05 | ||
| Q2 25 | $4.08 | $-0.40 | ||
| Q1 25 | $3.64 | $-0.27 | ||
| Q4 24 | $3.04 | $-0.40 | ||
| Q3 24 | $3.49 | $-0.07 | ||
| Q2 24 | $4.15 | $-0.08 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $69.5M |
| 总债务越低越好 | $60.4M | $216.8M |
| 股东权益账面价值 | $34.0M | $180.6M |
| 总资产 | $308.9M | $704.6M |
| 负债/权益比越低杠杆越低 | 1.78× | 1.20× |
8季度趋势，按日历期对齐
现金及短期投资AXPLSAK
| Q1 26 | — | — | ||
| Q4 25 | $742.0M | $69.5M | ||
| Q3 25 | $1.3B | $72.2M | ||
| Q2 25 | $197.0M | $76.5M | ||
| Q1 25 | $261.0M | $71.0M | ||
| Q4 24 | $221.0M | $60.6M | ||
| Q3 24 | $120.0M | $49.7M | ||
| Q2 24 | $188.0M | $59.1M |
总债务AXPLSAK
| Q1 26 | $60.4M | — | ||
| Q4 25 | $56.4B | $216.8M | ||
| Q3 25 | $57.8B | $208.1M | ||
| Q2 25 | $58.2B | $200.8M | ||
| Q1 25 | $51.2B | $194.7M | ||
| Q4 24 | $49.7B | $148.7M | ||
| Q3 24 | $53.5B | $148.5M | ||
| Q2 24 | $51.5B | $143.2M |
股东权益AXPLSAK
| Q1 26 | $34.0M | — | ||
| Q4 25 | $33.5B | $180.6M | ||
| Q3 25 | $32.4B | $170.4M | ||
| Q2 25 | $32.3B | $161.6M | ||
| Q1 25 | $31.2B | $185.2M | ||
| Q4 24 | $30.3B | $193.3M | ||
| Q3 24 | $29.7B | $184.2M | ||
| Q2 24 | $29.5B | $175.9M |
总资产AXPLSAK
| Q1 26 | $308.9M | — | ||
| Q4 25 | $300.1B | $704.6M | ||
| Q3 25 | $297.6B | $652.9M | ||
| Q2 25 | $295.6B | $653.7M | ||
| Q1 25 | $282.2B | $649.2M | ||
| Q4 24 | $271.5B | $640.6M | ||
| Q3 24 | $271.0B | $551.9M | ||
| Q2 24 | $272.2B | $558.5M |
负债/权益比AXPLSAK
| Q1 26 | 1.78× | — | ||
| Q4 25 | 1.68× | 1.20× | ||
| Q3 25 | 1.78× | 1.22× | ||
| Q2 25 | 1.80× | 1.24× | ||
| Q1 25 | 1.64× | 1.05× | ||
| Q4 24 | 1.64× | 0.77× | ||
| Q3 24 | 1.80× | 0.81× | ||
| Q2 24 | 1.74× | 0.81× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $-10.9M |
| 自由现金流经营现金流 - 资本支出 | — | $-14.8M |
| 自由现金流率自由现金流/营收 | — | -8.3% |
| 资本支出强度资本支出/营收 | — | 2.2% |
| 现金转化率经营现金流/净利润 | — | -2.99× |
| 过去12个月自由现金流最近4个季度 | — | $-12.6M |
8季度趋势，按日历期对齐
经营现金流AXPLSAK
| Q1 26 | — | — | ||
| Q4 25 | $3.1B | $-10.9M | ||
| Q3 25 | $6.2B | $8.9M | ||
| Q2 25 | $4.4B | $-6.5M | ||
| Q1 25 | $4.8B | $10.7M | ||
| Q4 24 | $5.8B | $-9.2M | ||
| Q3 24 | $-1.8B | $-4.1M | ||
| Q2 24 | $4.5B | $5.7M |
自由现金流AXPLSAK
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $-14.8M | ||
| Q3 25 | $5.6B | $4.9M | ||
| Q2 25 | $3.7B | $-10.6M | ||
| Q1 25 | $4.3B | $7.8M | ||
| Q4 24 | $5.3B | $-15.5M | ||
| Q3 24 | $-2.3B | $-8.1M | ||
| Q2 24 | $4.0B | $937.0K |
自由现金流率AXPLSAK
| Q1 26 | — | — | ||
| Q4 25 | 21.4% | -8.3% | ||
| Q3 25 | 53.6% | 2.9% | ||
| Q2 25 | 36.3% | -6.3% | ||
| Q1 25 | 45.0% | 4.9% | ||
| Q4 24 | 53.1% | -8.8% | ||
| Q3 24 | -23.3% | -5.3% | ||
| Q2 24 | 40.4% | 0.6% |
资本支出强度AXPLSAK
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 2.2% | ||
| Q3 25 | 6.3% | 2.3% | ||
| Q2 25 | 6.0% | 2.4% | ||
| Q1 25 | 4.5% | 1.7% | ||
| Q4 24 | 5.0% | 3.6% | ||
| Q3 24 | 4.7% | 2.6% | ||
| Q2 24 | 5.8% | 3.2% |
现金转化率AXPLSAK
| Q1 26 | — | — | ||
| Q4 25 | 1.25× | -2.99× | ||
| Q3 25 | 2.15× | — | ||
| Q2 25 | 1.51× | — | ||
| Q1 25 | 1.84× | — | ||
| Q4 24 | 2.66× | — | ||
| Q3 24 | -0.72× | — | ||
| Q2 24 | 1.50× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
AXP
| Discount revenue | $9.5M | 50% |
| Other | $8.9M | 47% |
| Deposits with banks and other | $512.0K | 3% |
LSAK
| Telecom Products And Services | $82.0M | 46% |
| Processing Fees | $37.6M | 21% |
| Enterprise Segment | $14.5M | 8% |
| Rest Of Africa | $10.9M | 6% |
| Technology Products | $8.6M | 5% |
| Insurance Revenue | $7.9M | 4% |
| Lending Revenue | $7.2M | 4% |
| Other | $6.7M | 4% |
| Interest From Customer | $2.1M | 1% |
| Other Products And Services | $1.2M | 1% |
