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Side-by-side financial comparison of GOLD RESOURCE CORP (GORO) and OCTAVE SPECIALTY GROUP INC (OSG). Click either name above to swap in a different company.

OCTAVE SPECIALTY GROUP INC is the larger business by last-quarter revenue ($66.9M vs $51.3M, roughly 1.3× GOLD RESOURCE CORP). GOLD RESOURCE CORP runs the higher net margin — 35.1% vs -73.8%, a 108.9% gap on every dollar of revenue. On growth, GOLD RESOURCE CORP posted the faster year-over-year revenue change (295.5% vs 2.6%). Over the past eight quarters, GOLD RESOURCE CORP's revenue compounded faster (65.6% CAGR vs 16.2%).

Gold Springs Resource Corp is a Canadian company that is pursuing the development of the Gold Springs gold-silver mine on the border of Utah and Nevada in the United States. Headquartered in Vancouver, the company is listed on the Toronto Stock Exchange in Canada and the OTCQX market exchange in the US. The company was founded in 2006 as the South American Silver Corporation, an equity carve-out of the General Minerals Corporation, to pursue exploration and development of the Malku Khota and ...

Octave Specialty Group Inc. is a specialty insurance holding company that provides tailored property and casualty insurance products. Its core business focuses on excess and surplus lines, catering to commercial and individual clients across primary North American markets with customized risk coverage solutions.

GORO vs OSG — Head-to-Head

Bigger by revenue
OSG
OSG
1.3× larger
OSG
$66.9M
$51.3M
GORO
Growing faster (revenue YoY)
GORO
GORO
+292.9% gap
GORO
295.5%
2.6%
OSG
Higher net margin
GORO
GORO
108.9% more per $
GORO
35.1%
-73.8%
OSG
Faster 2-yr revenue CAGR
GORO
GORO
Annualised
GORO
65.6%
16.2%
OSG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GORO
GORO
OSG
OSG
Revenue
$51.3M
$66.9M
Net Profit
$18.0M
$-29.7M
Gross Margin
51.5%
Operating Margin
38.9%
-76.7%
Net Margin
35.1%
-73.8%
Revenue YoY
295.5%
2.6%
Net Profit YoY
261.6%
-41.7%
EPS (diluted)
$0.14
$-0.82

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
GORO
GORO
OSG
OSG
Q4 25
$51.3M
$66.9M
Q3 25
$24.9M
$66.6M
Q2 25
$11.2M
$55.0M
Q1 25
$12.4M
$62.8M
Q4 24
$13.0M
$65.2M
Q3 24
$13.3M
$70.0M
Q2 24
$20.8M
$51.0M
Q1 24
$18.7M
$49.6M
Net Profit
GORO
GORO
OSG
OSG
Q4 25
$18.0M
$-29.7M
Q3 25
$-4.7M
$-112.6M
Q2 25
$-11.5M
$-72.7M
Q1 25
$-8.3M
$-44.7M
Q4 24
$-11.1M
$-20.9M
Q3 24
$-12.7M
$-27.5M
Q2 24
$-27.0M
$-750.0K
Q1 24
$-5.7M
$20.8M
Gross Margin
GORO
GORO
OSG
OSG
Q4 25
51.5%
Q3 25
25.0%
Q2 25
-39.4%
Q1 25
-11.8%
Q4 24
-46.7%
Q3 24
-65.3%
Q2 24
-17.3%
Q1 24
-11.6%
Operating Margin
GORO
GORO
OSG
OSG
Q4 25
38.9%
-76.7%
Q3 25
-14.9%
-48.2%
Q2 25
-102.4%
-41.8%
Q1 25
-63.1%
-24.1%
Q4 24
-96.9%
-55.5%
Q3 24
-122.7%
-29.7%
Q2 24
-52.1%
-28.9%
Q1 24
-40.4%
-6.5%
Net Margin
GORO
GORO
OSG
OSG
Q4 25
35.1%
-73.8%
Q3 25
-18.7%
-169.1%
Q2 25
-102.3%
-132.3%
Q1 25
-67.3%
-71.3%
Q4 24
-85.9%
-55.1%
Q3 24
-95.5%
-39.3%
Q2 24
-129.9%
-1.5%
Q1 24
-30.4%
41.9%
EPS (diluted)
GORO
GORO
OSG
OSG
Q4 25
$0.14
$-0.82
Q3 25
$-0.03
$-2.35
Q2 25
$-0.09
$-1.54
Q1 25
$-0.07
$-1.22
Q4 24
$-0.11
$-11.75
Q3 24
$-0.14
$-0.63
Q2 24
$-0.30
$-0.02
Q1 24
$-0.06
$0.44

Balance Sheet & Financial Strength

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

Metric
GORO
GORO
OSG
OSG
Cash + ST InvestmentsLiquidity on hand
$25.0M
$146.4M
Total DebtLower is stronger
$117.6M
Stockholders' EquityBook value
$44.0M
$715.8M
Total Assets
$184.1M
$2.2B
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GORO
GORO
OSG
OSG
Q4 25
$25.0M
$146.4M
Q3 25
$9.8M
$27.5M
Q2 25
$12.7M
$22.5M
Q1 25
$4.9M
$34.1M
Q4 24
$1.6M
$157.2M
Q3 24
$1.4M
$40.8M
Q2 24
$5.3M
$14.6M
Q1 24
$5.7M
$13.8M
Total Debt
GORO
GORO
OSG
OSG
Q4 25
$117.6M
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
$518.0M
Q2 24
$515.0M
Q1 24
$512.0M
Stockholders' Equity
GORO
GORO
OSG
OSG
Q4 25
$44.0M
$715.8M
Q3 25
$26.0M
$843.4M
Q2 25
$19.2M
$859.8M
Q1 25
$24.6M
$852.2M
Q4 24
$27.3M
$798.4M
Q3 24
$37.9M
$1.5B
Q2 24
$49.8M
$1.4B
Q1 24
$74.9M
$1.4B
Total Assets
GORO
GORO
OSG
OSG
Q4 25
$184.1M
$2.2B
Q3 25
$164.3M
$2.1B
Q2 25
$155.1M
$8.5B
Q1 25
$147.7M
$8.3B
Q4 24
$145.9M
$8.1B
Q3 24
$154.5M
$9.3B
Q2 24
$161.5M
$8.2B
Q1 24
$182.8M
$8.4B
Debt / Equity
GORO
GORO
OSG
OSG
Q4 25
0.16×
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
0.35×
Q2 24
0.38×
Q1 24
0.38×

Cash Flow & Capital Efficiency

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

Metric
GORO
GORO
OSG
OSG
Operating Cash FlowLast quarter
$24.2M
$-52.3M
Free Cash FlowOCF − Capex
$15.3M
FCF MarginFCF / Revenue
29.8%
Capex IntensityCapex / Revenue
17.3%
Cash ConversionOCF / Net Profit
1.34×
TTM Free Cash FlowTrailing 4 quarters
$644.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GORO
GORO
OSG
OSG
Q4 25
$24.2M
$-52.3M
Q3 25
$-325.0K
$-41.2M
Q2 25
$-1.3M
$2.1M
Q1 25
$-828.0K
$-12.6M
Q4 24
$1.3M
$762.0K
Q3 24
$-3.4M
$48.9M
Q2 24
$-63.0K
$20.4M
Q1 24
$1.5M
$7.1M
Free Cash Flow
GORO
GORO
OSG
OSG
Q4 25
$15.3M
Q3 25
$-7.8M
Q2 25
$-3.8M
Q1 25
$-3.0M
Q4 24
$58.0K
Q3 24
$-5.7M
Q2 24
$-2.1M
Q1 24
$-512.0K
FCF Margin
GORO
GORO
OSG
OSG
Q4 25
29.8%
Q3 25
-31.3%
Q2 25
-34.2%
Q1 25
-24.4%
Q4 24
0.4%
Q3 24
-43.1%
Q2 24
-10.0%
Q1 24
-2.7%
Capex Intensity
GORO
GORO
OSG
OSG
Q4 25
17.3%
Q3 25
30.0%
Q2 25
22.6%
Q1 25
17.7%
Q4 24
9.8%
Q3 24
17.7%
Q2 24
9.7%
Q1 24
10.7%
Cash Conversion
GORO
GORO
OSG
OSG
Q4 25
1.34×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
0.34×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GORO
GORO

Segment breakdown not available.

OSG
OSG

Other$28.7M43%
Specialty Property Casualty Program$23.1M34%
Accident Health$9.6M14%
Specialty Automobile$3.1M5%
Niche Specialty Risks$2.4M4%

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