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Lesaka Technologies vs Usio: revenue, profit, margins and growth compared

Lesaka Technologies brought in $721.6M of revenue in fiscal 2026, Usio $85.4M in fiscal 2025. Revenue changed by +9.4% at Lesaka Technologies and +3.0% at Usio on the year before, so Lesaka Technologies grew faster. Lesaka Technologies kept 0.4% of its revenue as net profit, Usio -2.9%. Free cash flow was $31.8M at Lesaka Technologies and $1.1M at Usio.

Side by side, latest fiscal year

LSAKUSIO
Fiscal year endedFY2026 (June 30, 2026)FY2025 (December 31, 2025)
Revenue$721.6M$85.4M
Revenue growth+9.4%+3.0%
Net income$2.8M-$2.5M
Net margin0.4%-2.9%
Free cash flow$31.8M$1.1M
Free cash flow margin4.4%1.3%
Earnings per share (diluted)$0.03-$0.09
Cash$81.4M$7.4M
Debt$210.7M$1.4M
Price to earningsn/an/a
Market valuen/a$66.4M
Dividend yieldn/an/a
Rank by revenue in sector#215 of 444 · Finance#332 of 444 · Finance

Over the years

Revenue
LSAK FY2019: $160.6MLSAK FY2020: $144.3MLSAK FY2021: $130.8MLSAK FY2022: $222.6MLSAK FY2023: $528MLSAK FY2024: $564.2MLSAK FY2025: $659.7MLSAK FY2026: $721.6MUSIO FY2018: $25MUSIO FY2019: $28.2MUSIO FY2020: $32.3MUSIO FY2021: $61.9MUSIO FY2022: $69.4MUSIO FY2023: $84.1MUSIO FY2024: $82.9MUSIO FY2025: $85.4MFY18FY19FY20FY21FY22FY23FY24FY25FY26
LSAK $721.6MUSIO $85.4M
Net income
LSAK FY2019: -$311MLSAK FY2020: -$78.4MLSAK FY2021: -$38.1MLSAK FY2022: -$43.9MLSAK FY2023: -$35.1MLSAK FY2024: -$18.5MLSAK FY2025: -$91MLSAK FY2026: $2.8MUSIO FY2018: -$3.8MUSIO FY2019: -$5.1MUSIO FY2020: -$2.9MUSIO FY2021: -$321.6KUSIO FY2022: -$5.5MUSIO FY2023: -$475.1KUSIO FY2024: $3.3MUSIO FY2025: -$2.5MFY18FY19FY20FY21FY22FY23FY24FY25FY26
LSAK $2.8MUSIO -$2.5M
Net margin
LSAK FY2019: -193.6%LSAK FY2020: -54.3%LSAK FY2021: -29.1%LSAK FY2022: -19.7%LSAK FY2023: -6.6%LSAK FY2024: -3.3%LSAK FY2025: -13.8%LSAK FY2026: 0.4%USIO FY2018: -15.1%USIO FY2019: -18.1%USIO FY2020: -9.0%USIO FY2021: -0.5%USIO FY2022: -7.9%USIO FY2023: -0.6%USIO FY2024: 4.0%USIO FY2025: -2.9%FY18FY19FY20FY21FY22FY23FY24FY25FY26
LSAK 0.4%USIO -2.9%
Revenue growth
LSAK FY2020: -10.2%LSAK FY2021: -9.4%LSAK FY2022: +70.2%LSAK FY2023: +137.2%LSAK FY2024: +6.9%LSAK FY2025: +16.9%LSAK FY2026: +9.4%USIO FY2019: +12.7%USIO FY2020: +14.4%USIO FY2021: +92.1%USIO FY2022: +12.1%USIO FY2023: +21.1%USIO FY2024: -1.3%USIO FY2025: +3.0%FY19FY20FY21FY22FY23FY24FY25FY26
LSAK +9.4%USIO +3.0%
Free cash flow
LSAK FY2019: -$13.9MLSAK FY2020: -$52MLSAK FY2021: -$62.7MLSAK FY2022: -$41.8MLSAK FY2023: -$15.7MLSAK FY2024: $16.1MLSAK FY2025: -$26.3MLSAK FY2026: $31.8MUSIO FY2018: -$3.5MUSIO FY2019: -$4.4MUSIO FY2020: $5.4MUSIO FY2021: $28.5MUSIO FY2022: -$17.8MUSIO FY2023: $2.7MUSIO FY2024: $2.7MUSIO FY2025: $1.1MFY18FY19FY20FY21FY22FY23FY24FY25FY26
LSAK $31.8MUSIO $1.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Lesaka Technologies and Usio

Which is bigger by revenue, Lesaka Technologies or Usio?

Lesaka Technologies is bigger by revenue: $721.6M in fiscal 2026, against $85.4M for Usio in fiscal 2025.

Which keeps more of its revenue as profit, Lesaka Technologies or Usio?

Lesaka Technologies had a net margin of 0.4% in fiscal 2026; Usio had -2.9% in fiscal 2025.

Which grew revenue faster, Lesaka Technologies or Usio?

In their latest fiscal years revenue changed by +9.4% at Lesaka Technologies and +3.0% at Usio.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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