Lion Group Holding vs Waton Financial
Waton Financial is the larger business, with $11.1m of revenue in fiscal 2026 against $9.4m for Lion Group Holding (1.2 times as much). Lion Group Holding grew faster (657.5% against 48.8%). Lion Group Holding kept more of each dollar of sales as profit: a net margin of -52.8% against -136.7%. Waton Financial carries less debt relative to equity (0.0% against 70.8%).
| Latest fiscal year | Lion Group HoldingLGHL, 2025 | Waton FinancialWTF, 2026 |
|---|---|---|
| Revenue | $9.4m | $11.1m |
| Revenue growth | 657.5% | 48.8% |
| Net income | −$5.0m | −$15.2m |
| Operating margin | — | -131.1% |
| Net margin | -52.8% | -136.7% |
| Return on equity | -27.4% | -87.9% |
| Free cash flow | −$3.5m | −$7.4m |
| Cash | $20.1m | $10.4m |
| Total debt | $18.1m | $0 |
| Debt to equity | 70.8% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $0 |
| Employees | — | — |
| Market value | $95,885 | $100m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 11 buys, 13 sales | 0 buys, 0 sales |