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Side-by-side financial comparison of BIODESIX INC (BDSX) and Namib Minerals (NAMM). Click either name above to swap in a different company.

Namib Minerals is the larger business by last-quarter revenue ($41.9M vs $28.8M, roughly 1.5× BIODESIX INC). Namib Minerals produced more free cash flow last quarter ($7.4M vs $692.0K).

Biodesix Inc is a molecular diagnostics enterprise specializing in developing and commercializing innovative blood-based testing solutions for oncology and infectious disease fields. It primarily serves healthcare providers, biopharmaceutical partners and patients across North America, with core business covering personalized medicine products that support clinical decision making.

Namib Minerals is a Namibia-based natural resources firm focused on exploration, development and extraction of high-demand mineral deposits including uranium, copper and lithium. It operates across licensed southern African sites, supplying raw materials to global clean energy, construction and electronics manufacturing sectors.

BDSX vs NAMM — Head-to-Head

Bigger by revenue
NAMM
NAMM
1.5× larger
NAMM
$41.9M
$28.8M
BDSX
More free cash flow
NAMM
NAMM
$6.7M more FCF
NAMM
$7.4M
$692.0K
BDSX

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
BDSX
BDSX
NAMM
NAMM
Revenue
$28.8M
$41.9M
Net Profit
$-4.0M
Gross Margin
45.7%
Operating Margin
-6.8%
29.8%
Net Margin
-13.8%
Revenue YoY
40.8%
Net Profit YoY
51.8%
EPS (diluted)
$-3.35

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.

Revenue
BDSX
BDSX
NAMM
NAMM
Q4 25
$28.8M
Q3 25
$21.8M
Q2 25
$20.0M
$41.9M
Q1 25
$18.0M
Q4 24
$20.4M
Q3 24
$18.2M
Q2 24
$17.9M
Q1 24
$14.8M
Net Profit
BDSX
BDSX
NAMM
NAMM
Q4 25
$-4.0M
Q3 25
$-8.7M
Q2 25
$-11.5M
Q1 25
$-11.1M
Q4 24
$-8.3M
Q3 24
$-10.3M
Q2 24
$-10.8M
Q1 24
$-13.6M
Gross Margin
BDSX
BDSX
NAMM
NAMM
Q4 25
Q3 25
Q2 25
45.7%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
BDSX
BDSX
NAMM
NAMM
Q4 25
-6.8%
Q3 25
-32.4%
Q2 25
-48.6%
29.8%
Q1 25
-50.9%
Q4 24
-32.5%
Q3 24
-47.3%
Q2 24
-46.0%
Q1 24
-74.4%
Net Margin
BDSX
BDSX
NAMM
NAMM
Q4 25
-13.8%
Q3 25
-40.0%
Q2 25
-57.3%
Q1 25
-61.8%
Q4 24
-40.4%
Q3 24
-56.5%
Q2 24
-60.3%
Q1 24
-91.9%
EPS (diluted)
BDSX
BDSX
NAMM
NAMM
Q4 25
$-3.35
Q3 25
$-1.16
Q2 25
$-0.08
Q1 25
$-0.08
Q4 24
$-5.02
Q3 24
$-1.40
Q2 24
$-0.08
Q1 24
$-0.14

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BDSX
BDSX
NAMM
NAMM
Cash + ST InvestmentsLiquidity on hand
$19.0M
Total DebtLower is stronger
$50.0M
Stockholders' EquityBook value
$-2.5M
Total Assets
$87.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BDSX
BDSX
NAMM
NAMM
Q4 25
$19.0M
Q3 25
$16.6M
Q2 25
$20.7M
Q1 25
$17.6M
Q4 24
$26.2M
Q3 24
$31.4M
Q2 24
$42.2M
Q1 24
$11.5M
Total Debt
BDSX
BDSX
NAMM
NAMM
Q4 25
$50.0M
Q3 25
$50.0M
Q2 25
$50.0M
Q1 25
$40.0M
Q4 24
$40.0M
Q3 24
$40.0M
Q2 24
$40.1M
Q1 24
$40.1M
Stockholders' Equity
BDSX
BDSX
NAMM
NAMM
Q4 25
$-2.5M
Q3 25
$-1.7M
Q2 25
$1.1M
Q1 25
$11.1M
Q4 24
$20.9M
Q3 24
$27.9M
Q2 24
$36.3M
Q1 24
$-5.5M
Total Assets
BDSX
BDSX
NAMM
NAMM
Q4 25
$87.5M
Q3 25
$88.7M
Q2 25
$87.7M
Q1 25
$86.2M
Q4 24
$97.2M
Q3 24
$102.7M
Q2 24
$115.8M
Q1 24
$87.2M
Debt / Equity
BDSX
BDSX
NAMM
NAMM
Q4 25
Q3 25
Q2 25
43.95×
Q1 25
3.62×
Q4 24
1.92×
Q3 24
1.44×
Q2 24
1.10×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BDSX
BDSX
NAMM
NAMM
Operating Cash FlowLast quarter
$778.0K
$11.4M
Free Cash FlowOCF − Capex
$692.0K
$7.4M
FCF MarginFCF / Revenue
2.4%
17.6%
Capex IntensityCapex / Revenue
0.3%
9.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-23.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BDSX
BDSX
NAMM
NAMM
Q4 25
$778.0K
Q3 25
$-8.9M
Q2 25
$-6.6M
$11.4M
Q1 25
$-8.6M
Q4 24
$-4.1M
Q3 24
$-10.7M
Q2 24
$-18.6M
Q1 24
$-15.3M
Free Cash Flow
BDSX
BDSX
NAMM
NAMM
Q4 25
$692.0K
Q3 25
$-8.9M
Q2 25
$-6.6M
$7.4M
Q1 25
$-8.7M
Q4 24
$-4.9M
Q3 24
$-10.9M
Q2 24
$-20.5M
Q1 24
$-15.5M
FCF Margin
BDSX
BDSX
NAMM
NAMM
Q4 25
2.4%
Q3 25
-41.0%
Q2 25
-33.1%
17.6%
Q1 25
-48.3%
Q4 24
-24.2%
Q3 24
-60.1%
Q2 24
-114.3%
Q1 24
-104.9%
Capex Intensity
BDSX
BDSX
NAMM
NAMM
Q4 25
0.3%
Q3 25
0.2%
Q2 25
0.3%
9.6%
Q1 25
0.4%
Q4 24
4.1%
Q3 24
1.3%
Q2 24
10.7%
Q1 24
1.6%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BDSX
BDSX

Diagnostic Tests$25.1M87%
Development Services$3.6M13%

NAMM
NAMM

Segment breakdown not available.

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