Payments & Transaction Processing

7 members, EEFT to XYZ, A to Z by ticker.

Gross profitability: median 21% — gross profit as a share of total assets, each member's median across its readable years; read on 6 of 7 members
Capital intensity: median 1.0% — capital expenditure as a share of revenue, each member's median across its readable years; read on 7 of 7 members
Net cash: 5 of the 7 members with a readable debt line hold more cash and short-term investments than total debt

Figures describe the list as a group, from each member's own filed record; they name no member and form no rank. A member missing an input is absent from that median, never counted against the others.

From the latest filings · data as of August 17, 2026.

Open anywhere in this chapter

EEFT Euronet Worldwide Inc.

Euronet is a leader in electronic payment and transaction processing solutions for Financial Institutions, Retailers, Service Providers, and Individual Consumers utilizing our global payments network, platforms, and technologies.

Owner earnings 2017–2025 $189M$285M$373M$156M$314M$644M$549M$616M$434M

Retained capital Retained $1.0B of earnings over 2017–2025; annual owner earnings grew $251M, $0.24 per $1 retained.

Balance sheet Modest net debt, $981M

IIIV i3 Verticals Inc.

I3 Verticals provides mission-critical enterprise software solutions to public sector entities.

Owner earnings 2016–2025 $9M$8M$16M$26M$21M$43M$41M$33M$45M$4M

Retained capital Retained $60M of earnings over 2016–2025; annual owner earnings grew $16M, $0.28 per $1 retained.

Balance sheet Net cash, debt-free, +$67M

LSAK Lesaka Technologies Inc.

Lesaka enables underserviced consumers and businesses in the southern cone of Africa to manage their daily financial activities in a better way, improving people's lives and increasing financial inclusion in the markets in which we operate.

Owner earnings 2016–2025 $81M$86M$123M($14M)($52M)($63M)($42M)($16M)$16M($26M)

Retained capital Paid out $483M more than it earned over 2016–2025; annual owner earnings fell $105M.

Balance sheet Net debt against an operating loss, $124M · buybacks at an average near $973

LSPD LIGHTSPEED COMMERCE INC.

Lightspeed's technology and insights makes work flow across teams, channels and locations to help accelerate growth and provide the best customer experience.

Owner earnings 2020–2025 ($32M)($95M)($98M)($135M)($105M)($37M)

Retained capital not read

Balance sheet Net cash, debt-free, +$558M

MQ Marqeta Inc.

Marqeta's open APIs provide instant access to a highly scalable, cloud-based payment infrastructure that enables customers to embed the payments experience into apps or websites for a personalized user experience.

Owner earnings 2019–2025 ($19M)$48M$54M($15M)$20M$56M$161M

Retained capital Paid out $1.5B more than it earned over 2019–2025; annual owner earnings grew $51M.

Balance sheet Net cash, debt-free, +$709M · buybacks at an average near $26.71

NYAX Nayax Ltd.

Nayax is a global commerce enablement, payments and loyalty platform designed to help merchants scale their business, improve their revenue potential, and enhance their operational efficiency.

Owner earnings 2020–2025 $5M($15M)($29M)$8M$40M$35M

Retained capital Paid out $54M more than it earned over 2020–2025; annual owner earnings grew $41M.

Balance sheet Net cash, +$5M

XYZ Block Inc.

Block designs and operates connected ecosystems that integrate commerce solutions, financial services, software, hardware, and networks to serve individuals and small businesses, primarily through Cash App's consumer network and Square's business network.

Owner earnings 2016–2025 ($2M)$102M$234M$265M$89M$714M$5M($50M)$1.6B$2.4B

Retained capital Retained $496M of earnings over 2016–2025; annual owner earnings grew $1.2B, $2.42 per $1 retained.

Balance sheet Net cash, +$848M

The same shelf as one comparative table, every member a row and every column sortable: the Payments & Transaction Processing table →

The same four lines for every member, in strict ticker order; a figure that could not be read renders as "not read," never as a mark against the record beside it. The header describes the list and names no member; the entries carry no ranking and form no score. What a chapter cannot carry — understanding of the business, and a price — is yours.