Lesaka Technologies, Inc. (LSAK) vs Repay Holdings Corporation (RPAY)

Lesaka Technologies, Inc. and Repay Holdings Corporation are both Software Infrastructure companies. Repay Holdings Corporation is the larger, with a market value of $402.1M against $306.3M — 1.3× the size. Repay Holdings Corporation has negative trailing earnings, so its P/E is not meaningful; Lesaka Technologies, Inc. trades at 102×. Lesaka Technologies, Inc. grew revenue faster over the last twelve months: 9.38% against 8.84%. Lesaka Technologies, Inc. has the higher net margin (0.38% vs −49.6%) and the higher return on invested capital (2.23% vs −8.46%). Across the 19 metrics below, Lesaka Technologies, Inc. leads on 15 and Repay Holdings Corporation on 4.

Valuation

Metric LSAK RPAY Software Infrastructure median
P/E 101.69 n/m 24.43
P/S 0.40 1.12 2.81
P/B 1.40 0.81 2.88
Price to free cash flow 9.82 12.10 17.94
EV/EBITDA 7.23 n/m 14.51
EV/Sales 0.61 3.00 2.91
Earnings yield 0.98% (44.93%) 0.00%
Free cash flow yield 10.19% 8.27% 0.49%

Profitability

Metric LSAK RPAY Software Infrastructure median
Gross margin 31.98% 73.49% 57.45%
Operating margin 1.76% (44.24%) 0.00%
Net margin 0.38% (49.57%) 0.00%
Free cash flow margin 4.05% 9.25% 0.00%
Return on equity 1.48% (30.21%) 0.00%
Return on assets 0.41% (11.08%) 0.00%
Return on invested capital 2.23% (8.46%) 0.00%

Growth

Metric LSAK RPAY Software Infrastructure median
Revenue growth (TTM) 9.38% 8.84% 14.28%
EPS growth (last fiscal year) 102.63% (2,627.27%) 18.26%
Revenue growth, 5-year CAGR 40.72% 14.81% 16.15%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric LSAK RPAY Software Infrastructure median
Debt to equity 1.13 1.61 0.02
Current ratio 1.59 1.45 1.53
Net debt to EBITDA 2.48 (1.88) 0.05

Dividend

Metric LSAK RPAY Software Infrastructure median
Dividend yield — — 1.06%
Payout ratio — — 0.29

Size

Metric LSAK RPAY Software Infrastructure median
Market cap 306.29m 402.12m 661.51m

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