vs
Side-by-side financial comparison of ATLANTIC AMERICAN CORP (AAME) and Spok Holdings, Inc (SPOK). Click either name above to swap in a different company.
ATLANTIC AMERICAN CORP is the larger business by last-quarter revenue ($53.8M vs $33.9M, roughly 1.6× Spok Holdings, Inc). Spok Holdings, Inc runs the higher net margin — 8.7% vs 1.1%, a 7.6% gap on every dollar of revenue. On growth, ATLANTIC AMERICAN CORP posted the faster year-over-year revenue change (20.8% vs -0.1%). Spok Holdings, Inc produced more free cash flow last quarter ($10.1M vs $6.6M). Over the past eight quarters, ATLANTIC AMERICAN CORP's revenue compounded faster (7.2% CAGR vs -1.5%).
The Atlantic Telegraph Company was a company formed on 6 November 1856 to undertake and exploit a commercial telegraph cable across the Atlantic Ocean, the first such telecommunications link.
Spok Holdings, Inc. is a global provider of critical communication solutions primarily serving the healthcare industry. It offers unified clinical communication platforms, secure messaging tools, alerting systems, and on-call scheduling software that help care teams coordinate efficiently, cut response times, and boost patient safety across medical facilities.
AAME vs SPOK — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $53.8M | $33.9M |
| Net Profit | $577.0K | $2.9M |
| Gross Margin | — | 76.7% |
| Operating Margin | 1.4% | 11.6% |
| Net Margin | 1.1% | 8.7% |
| Revenue YoY | 20.8% | -0.1% |
| Net Profit YoY | 128.9% | -19.6% |
| EPS (diluted) | $0.02 | $0.13 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $33.9M | ||
| Q3 25 | $53.8M | $33.9M | ||
| Q2 25 | $55.3M | $35.7M | ||
| Q1 25 | $50.1M | $36.3M | ||
| Q4 24 | $49.0M | $33.9M | ||
| Q3 24 | $44.5M | $34.9M | ||
| Q2 24 | $47.7M | $34.0M | ||
| Q1 24 | $47.0M | $34.9M |
| Q4 25 | — | $2.9M | ||
| Q3 25 | $577.0K | $3.2M | ||
| Q2 25 | $3.3M | $4.6M | ||
| Q1 25 | $802.0K | $5.2M | ||
| Q4 24 | $412.0K | $3.6M | ||
| Q3 24 | $-2.0M | $3.7M | ||
| Q2 24 | $-684.0K | $3.4M | ||
| Q1 24 | $-2.0M | $4.2M |
| Q4 25 | — | 76.7% | ||
| Q3 25 | — | 78.3% | ||
| Q2 25 | — | 79.5% | ||
| Q1 25 | — | 80.1% | ||
| Q4 24 | — | 78.5% | ||
| Q3 24 | — | 79.5% | ||
| Q2 24 | — | 78.9% | ||
| Q1 24 | — | 79.5% |
| Q4 25 | — | 11.6% | ||
| Q3 25 | 1.4% | 12.9% | ||
| Q2 25 | 7.6% | 15.1% | ||
| Q1 25 | 2.1% | 16.6% | ||
| Q4 24 | 1.1% | 13.7% | ||
| Q3 24 | -5.5% | 14.2% | ||
| Q2 24 | -1.8% | 13.2% | ||
| Q1 24 | -5.3% | 14.0% |
| Q4 25 | — | 8.7% | ||
| Q3 25 | 1.1% | 9.5% | ||
| Q2 25 | 6.0% | 12.8% | ||
| Q1 25 | 1.6% | 14.3% | ||
| Q4 24 | 0.8% | 10.8% | ||
| Q3 24 | -4.5% | 10.5% | ||
| Q2 24 | -1.4% | 10.1% | ||
| Q1 24 | -4.3% | 12.1% |
| Q4 25 | — | $0.13 | ||
| Q3 25 | $0.02 | $0.15 | ||
| Q2 25 | $0.15 | $0.22 | ||
| Q1 25 | $0.03 | $0.25 | ||
| Q4 24 | $0.01 | $0.17 | ||
| Q3 24 | $-0.10 | $0.18 | ||
| Q2 24 | $-0.04 | $0.17 | ||
| Q1 24 | $-0.10 | $0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $34.4M | $25.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $109.5M | $146.4M |
| Total Assets | $430.9M | $206.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $25.3M | ||
| Q3 25 | $34.4M | $21.4M | ||
| Q2 25 | $46.4M | $20.2M | ||
| Q1 25 | $35.9M | $19.9M | ||
| Q4 24 | $35.6M | $29.1M | ||
| Q3 24 | $23.0M | $27.8M | ||
| Q2 24 | $21.2M | $23.9M | ||
| Q1 24 | $21.2M | $23.3M |
| Q4 25 | — | $146.4M | ||
| Q3 25 | $109.5M | $148.7M | ||
| Q2 25 | $106.2M | $150.9M | ||
| Q1 25 | $102.4M | $151.7M | ||
| Q4 24 | $99.6M | $154.7M | ||
| Q3 24 | $105.8M | $156.3M | ||
| Q2 24 | $100.7M | $158.2M | ||
| Q1 24 | $102.8M | $160.2M |
| Q4 25 | — | $206.1M | ||
| Q3 25 | $430.9M | $209.7M | ||
| Q2 25 | $429.3M | $208.7M | ||
| Q1 25 | $388.4M | $204.5M | ||
| Q4 24 | $393.4M | $217.1M | ||
| Q3 24 | $387.0M | $216.8M | ||
| Q2 24 | $386.0M | $216.4M | ||
| Q1 24 | $365.8M | $215.0M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $6.6M | $11.5M |
| Free Cash FlowOCF − Capex | $6.6M | $10.1M |
| FCF MarginFCF / Revenue | 12.3% | 29.9% |
| Capex IntensityCapex / Revenue | 0.1% | 4.1% |
| Cash ConversionOCF / Net Profit | 11.51× | 3.93× |
| TTM Free Cash FlowTrailing 4 quarters | $19.3M | $25.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $11.5M | ||
| Q3 25 | $6.6M | $8.1M | ||
| Q2 25 | $9.3M | $7.0M | ||
| Q1 25 | $-722.0K | $2.3M | ||
| Q4 24 | $4.8M | $8.4M | ||
| Q3 24 | $90.0K | $11.1M | ||
| Q2 24 | $416.0K | $7.4M | ||
| Q1 24 | $-5.3M | $2.0M |
| Q4 25 | — | $10.1M | ||
| Q3 25 | $6.6M | $7.6M | ||
| Q2 25 | $9.1M | $6.0M | ||
| Q1 25 | $-986.0K | $1.5M | ||
| Q4 24 | $4.6M | $7.5M | ||
| Q3 24 | $58.0K | $10.3M | ||
| Q2 24 | $361.0K | $6.8M | ||
| Q1 24 | $-5.4M | $1.1M |
| Q4 25 | — | 29.9% | ||
| Q3 25 | 12.3% | 22.4% | ||
| Q2 25 | 16.5% | 16.8% | ||
| Q1 25 | -2.0% | 4.2% | ||
| Q4 24 | 9.3% | 22.3% | ||
| Q3 24 | 0.1% | 29.4% | ||
| Q2 24 | 0.8% | 20.0% | ||
| Q1 24 | -11.4% | 3.2% |
| Q4 25 | — | 4.1% | ||
| Q3 25 | 0.1% | 1.6% | ||
| Q2 25 | 0.3% | 2.9% | ||
| Q1 25 | 0.5% | 2.1% | ||
| Q4 24 | 0.5% | 2.5% | ||
| Q3 24 | 0.1% | 2.4% | ||
| Q2 24 | 0.1% | 1.9% | ||
| Q1 24 | 0.1% | 2.5% |
| Q4 25 | — | 3.93× | ||
| Q3 25 | 11.51× | 2.54× | ||
| Q2 25 | 2.80× | 1.55× | ||
| Q1 25 | -0.90× | 0.43× | ||
| Q4 24 | 11.65× | 2.31× | ||
| Q3 24 | — | 3.03× | ||
| Q2 24 | — | 2.17× | ||
| Q1 24 | — | 0.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AAME
| Bankers Fidelity | $30.0M | 56% |
| American Southern | $23.7M | 44% |
SPOK
| Paging | $16.8M | 50% |
| Software Operations | $16.0M | 47% |
| License | $1.2M | 4% |
