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Side-by-side financial comparison of HEALTHY CHOICE WELLNESS CORP. (HCWC) and Spok Holdings, Inc (SPOK). Click either name above to swap in a different company.
Spok Holdings, Inc is the larger business by last-quarter revenue ($33.9M vs $18.7M, roughly 1.8× HEALTHY CHOICE WELLNESS CORP.). Spok Holdings, Inc runs the higher net margin — 8.7% vs -8.9%, a 17.5% gap on every dollar of revenue. Spok Holdings, Inc produced more free cash flow last quarter ($10.1M vs $-927.1K).
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.
HCWC vs SPOK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $18.7M | $33.9M |
| Net Profit | $-1.7M | $2.9M |
| Gross Margin | 39.1% | 76.7% |
| Operating Margin | -7.6% | 11.6% |
| Net Margin | -8.9% | 8.7% |
| Revenue YoY | — | -0.1% |
| Net Profit YoY | — | -19.6% |
| EPS (diluted) | $-0.05 | $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 | $18.7M | $33.9M | ||
| Q3 25 | $19.0M | $33.9M | ||
| Q2 25 | $20.2M | $35.7M | ||
| Q1 25 | $20.3M | $36.3M | ||
| Q4 24 | — | $33.9M | ||
| Q3 24 | $18.2M | $34.9M | ||
| Q2 24 | — | $34.0M | ||
| Q1 24 | — | $34.9M |
| Q4 25 | $-1.7M | $2.9M | ||
| Q3 25 | $-1.2M | $3.2M | ||
| Q2 25 | $-339.4K | $4.6M | ||
| Q1 25 | $-712.4K | $5.2M | ||
| Q4 24 | — | $3.6M | ||
| Q3 24 | $-2.7M | $3.7M | ||
| Q2 24 | — | $3.4M | ||
| Q1 24 | — | $4.2M |
| Q4 25 | 39.1% | 76.7% | ||
| Q3 25 | 38.8% | 78.3% | ||
| Q2 25 | 40.1% | 79.5% | ||
| Q1 25 | 38.8% | 80.1% | ||
| Q4 24 | — | 78.5% | ||
| Q3 24 | 38.4% | 79.5% | ||
| Q2 24 | — | 78.9% | ||
| Q1 24 | — | 79.5% |
| Q4 25 | -7.6% | 11.6% | ||
| Q3 25 | -3.2% | 12.9% | ||
| Q2 25 | -0.2% | 15.1% | ||
| Q1 25 | -2.0% | 16.6% | ||
| Q4 24 | — | 13.7% | ||
| Q3 24 | -2.0% | 14.2% | ||
| Q2 24 | — | 13.2% | ||
| Q1 24 | — | 14.0% |
| Q4 25 | -8.9% | 8.7% | ||
| Q3 25 | -6.4% | 9.5% | ||
| Q2 25 | -1.7% | 12.8% | ||
| Q1 25 | -3.5% | 14.3% | ||
| Q4 24 | — | 10.8% | ||
| Q3 24 | -14.6% | 10.5% | ||
| Q2 24 | — | 10.1% | ||
| Q1 24 | — | 12.1% |
| Q4 25 | $-0.05 | $0.13 | ||
| Q3 25 | $-0.09 | $0.15 | ||
| Q2 25 | $-0.03 | $0.22 | ||
| Q1 25 | $-0.07 | $0.25 | ||
| Q4 24 | — | $0.17 | ||
| Q3 24 | $-0.29 | $0.18 | ||
| Q2 24 | — | $0.17 | ||
| Q1 24 | — | $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 | $3.0M | $25.3M |
| Total DebtLower is stronger | $7.3M | — |
| Stockholders' EquityBook value | $7.3M | $146.4M |
| Total Assets | $33.5M | $206.1M |
| Debt / EquityLower = less leverage | 1.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $3.0M | $25.3M | ||
| Q3 25 | $3.0M | $21.4M | ||
| Q2 25 | $4.7M | $20.2M | ||
| Q1 25 | $1.8M | $19.9M | ||
| Q4 24 | — | $29.1M | ||
| Q3 24 | $1.8M | $27.8M | ||
| Q2 24 | — | $23.9M | ||
| Q1 24 | — | $23.3M |
| Q4 25 | $7.3M | — | ||
| Q3 25 | $8.5M | — | ||
| Q2 25 | $9.7M | — | ||
| Q1 25 | $10.6M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $11.6M | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $7.3M | $146.4M | ||
| Q3 25 | $5.9M | $148.7M | ||
| Q2 25 | $5.8M | $150.9M | ||
| Q1 25 | $2.1M | $151.7M | ||
| Q4 24 | — | $154.7M | ||
| Q3 24 | $2.9M | $156.3M | ||
| Q2 24 | — | $158.2M | ||
| Q1 24 | — | $160.2M |
| Q4 25 | $33.5M | $206.1M | ||
| Q3 25 | $33.7M | $209.7M | ||
| Q2 25 | $36.4M | $208.7M | ||
| Q1 25 | $34.1M | $204.5M | ||
| Q4 24 | — | $217.1M | ||
| Q3 24 | $33.2M | $216.8M | ||
| Q2 24 | — | $216.4M | ||
| Q1 24 | — | $215.0M |
| Q4 25 | 1.00× | — | ||
| Q3 25 | 1.43× | — | ||
| Q2 25 | 1.69× | — | ||
| Q1 25 | 5.01× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.95× | — | ||
| Q2 24 | — | — | ||
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-855.1K | $11.5M |
| Free Cash FlowOCF − Capex | $-927.1K | $10.1M |
| FCF MarginFCF / Revenue | -5.0% | 29.9% |
| Capex IntensityCapex / Revenue | 0.4% | 4.1% |
| Cash ConversionOCF / Net Profit | — | 3.93× |
| TTM Free Cash FlowTrailing 4 quarters | $675.4K | $25.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-855.1K | $11.5M | ||
| Q3 25 | $-308.7K | $8.1M | ||
| Q2 25 | $1.1M | $7.0M | ||
| Q1 25 | $1.1M | $2.3M | ||
| Q4 24 | — | $8.4M | ||
| Q3 24 | — | $11.1M | ||
| Q2 24 | — | $7.4M | ||
| Q1 24 | — | $2.0M |
| Q4 25 | $-927.1K | $10.1M | ||
| Q3 25 | $-351.3K | $7.6M | ||
| Q2 25 | $988.6K | $6.0M | ||
| Q1 25 | $965.3K | $1.5M | ||
| Q4 24 | — | $7.5M | ||
| Q3 24 | — | $10.3M | ||
| Q2 24 | — | $6.8M | ||
| Q1 24 | — | $1.1M |
| Q4 25 | -5.0% | 29.9% | ||
| Q3 25 | -1.8% | 22.4% | ||
| Q2 25 | 4.9% | 16.8% | ||
| Q1 25 | 4.8% | 4.2% | ||
| Q4 24 | — | 22.3% | ||
| Q3 24 | — | 29.4% | ||
| Q2 24 | — | 20.0% | ||
| Q1 24 | — | 3.2% |
| Q4 25 | 0.4% | 4.1% | ||
| Q3 25 | 0.2% | 1.6% | ||
| Q2 25 | 0.4% | 2.9% | ||
| Q1 25 | 0.6% | 2.1% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 1.9% | ||
| Q1 24 | — | 2.5% |
| Q4 25 | — | 3.93× | ||
| Q3 25 | — | 2.54× | ||
| Q2 25 | — | 1.55× | ||
| Q1 25 | — | 0.43× | ||
| Q4 24 | — | 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
HCWC
| Retail Grocery | $17.1M | 91% |
| Food Service Restaurant | $1.7M | 9% |
SPOK
| Paging | $16.8M | 50% |
| Software Operations | $16.0M | 47% |
| License | $1.2M | 4% |