Garden Stage vs Lion Group Holding
Lion Group Holding is the larger business, with $9.4m of revenue in fiscal 2025 against $7.3m for Garden Stage (1.3 times as much). Lion Group Holding grew faster (657.5% against 33.2%). Lion Group Holding kept more of each dollar of sales as profit: a net margin of -52.8% against -190.1%. Garden Stage carries less debt relative to equity (63.9% against 70.8%).
| Latest fiscal year | Garden StageGSIW, 2026 | Lion Group HoldingLGHL, 2025 |
|---|---|---|
| Revenue | $7.3m | $9.4m |
| Revenue growth | 33.2% | 657.5% |
| Net income | −$13.8m | −$5.0m |
| Operating margin | — | — |
| Net margin | -190.1% | -52.8% |
| Return on equity | -89.5% | -27.4% |
| Free cash flow | −$4.3m | −$3.5m |
| Cash | $17.5m | $20.1m |
| Total debt | $15.5m | $18.1m |
| Debt to equity | 63.9% | 70.8% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $102m | $95,885 |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 11 buys, 13 sales |