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Side-by-side financial comparison of IHS Holding Ltd (IHS) and SILVERCORP METALS INC (SVM). Click either name above to swap in a different company.

IHS Holding Ltd is the larger business by last-quarter revenue ($254.0M vs $223.8M, roughly 1.1× SILVERCORP METALS INC). Over the past eight quarters, SILVERCORP METALS INC's revenue compounded faster (87.6% CAGR vs -22.0%).

IHS Towers is one of the largest independent owners, operators and developers of shared communications infrastructure in the world, with operations across Africa and Latin America. It is the fifth-largest independent multinational tower company in the world.

Silvercorp Metals Inc. (Silvercorp) is a Canadian-based, China-focused precious metals company engaged in the acquisition, exploration, and development of silver-containing properties.

IHS vs SVM — Head-to-Head

Bigger by revenue
IHS
IHS
1.1× larger
IHS
$254.0M
$223.8M
SVM
Faster 2-yr revenue CAGR
SVM
SVM
Annualised
SVM
87.6%
-22.0%
IHS

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
IHS
IHS
SVM
SVM
Revenue
$254.0M
$223.8M
Net Profit
$-2.9M
Gross Margin
83.6%
Operating Margin
Net Margin
-1.3%
Revenue YoY
0.1%
Net Profit YoY
EPS (diluted)

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
IHS
IHS
SVM
SVM
Q4 25
$254.0M
$223.8M
Q3 25
$455.1M
Q2 25
$433.3M
$72.2M
Q1 25
$439.6M
Q4 24
$253.8M
$172.5M
Q3 24
$420.3M
$114.0M
Q2 24
$435.4M
$60.0M
Q1 24
$417.7M
Net Profit
IHS
IHS
SVM
SVM
Q4 25
$-2.9M
Q3 25
$147.4M
Q2 25
$32.3M
$28.1M
Q1 25
$30.7M
Q4 24
$42.1M
Q3 24
$-205.7M
$28.0M
Q2 24
$-124.3M
$13.2M
Q1 24
$-1.6B
Gross Margin
IHS
IHS
SVM
SVM
Q4 25
83.6%
Q3 25
47.5%
Q2 25
51.3%
Q1 25
51.4%
Q4 24
72.1%
Q3 24
52.0%
Q2 24
52.5%
Q1 24
39.1%
Operating Margin
IHS
IHS
SVM
SVM
Q4 25
Q3 25
35.1%
Q2 25
33.8%
Q1 25
37.1%
Q4 24
30.5%
Q3 24
29.9%
30.7%
Q2 24
34.0%
30.0%
Q1 24
-1.7%
Net Margin
IHS
IHS
SVM
SVM
Q4 25
-1.3%
Q3 25
32.4%
Q2 25
7.5%
39.0%
Q1 25
7.0%
Q4 24
24.4%
Q3 24
-48.9%
24.5%
Q2 24
-28.5%
22.0%
Q1 24
-372.8%
EPS (diluted)
IHS
IHS
SVM
SVM
Q4 25
Q3 25
$0.44
Q2 25
$0.10
Q1 25
$0.10
Q4 24
Q3 24
$-0.61
Q2 24
$-0.36
Q1 24
$-4.67

Balance Sheet & Financial Strength

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

Metric
IHS
IHS
SVM
SVM
Cash + ST InvestmentsLiquidity on hand
$825.7M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$-89.8M
Total Assets
$4.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IHS
IHS
SVM
SVM
Q4 25
$825.7M
Q3 25
$647.6M
Q2 25
$531.8M
Q1 25
$629.0M
Q4 24
$578.0M
Q3 24
$397.5M
Q2 24
$445.7M
Q1 24
$333.2M
Total Debt
IHS
IHS
SVM
SVM
Q4 25
$3.1B
Q3 25
$3.3B
Q2 25
$3.2B
Q1 25
$3.4B
Q4 24
$3.3B
Q3 24
$3.5B
Q2 24
$3.6B
Q1 24
$3.5B
Stockholders' Equity
IHS
IHS
SVM
SVM
Q4 25
$-89.8M
Q3 25
$38.1M
Q2 25
$-98.4M
Q1 25
$-184.4M
Q4 24
$-314.4M
Q3 24
$-284.7M
Q2 24
$-308.3M
Q1 24
$-163.2M
Total Assets
IHS
IHS
SVM
SVM
Q4 25
$4.5B
Q3 25
$4.7B
Q2 25
$4.5B
Q1 25
$4.4B
Q4 24
$4.2B
Q3 24
$4.6B
Q2 24
$4.5B
Q1 24
$4.6B
Debt / Equity
IHS
IHS
SVM
SVM
Q4 25
Q3 25
85.85×
Q2 25
Q1 25
Q4 24
Q3 24
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
IHS
IHS
SVM
SVM
Operating Cash FlowLast quarter
$246.9M
$107.9M
Free Cash FlowOCF − Capex
$178.6M
FCF MarginFCF / Revenue
70.3%
Capex IntensityCapex / Revenue
26.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$718.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IHS
IHS
SVM
SVM
Q4 25
$246.9M
$107.9M
Q3 25
$251.3M
Q2 25
$237.7M
$40.0M
Q1 25
$200.3M
Q4 24
$344.4M
$81.3M
Q3 24
$174.5M
$57.7M
Q2 24
$134.7M
$28.9M
Q1 24
$75.8M
Free Cash Flow
IHS
IHS
SVM
SVM
Q4 25
$178.6M
Q3 25
$189.2M
Q2 25
$197.7M
Q1 25
$153.2M
Q4 24
$282.9M
Q3 24
$122.3M
$33.8M
Q2 24
$74.2M
$17.0M
Q1 24
$14.8M
FCF Margin
IHS
IHS
SVM
SVM
Q4 25
70.3%
Q3 25
41.6%
Q2 25
45.6%
Q1 25
34.8%
Q4 24
111.5%
Q3 24
29.1%
29.6%
Q2 24
17.0%
28.3%
Q1 24
3.5%
Capex Intensity
IHS
IHS
SVM
SVM
Q4 25
26.9%
Q3 25
13.6%
Q2 25
9.2%
Q1 25
10.7%
Q4 24
24.2%
Q3 24
12.4%
21.0%
Q2 24
13.9%
19.8%
Q1 24
14.6%
Cash Conversion
IHS
IHS
SVM
SVM
Q4 25
Q3 25
1.70×
Q2 25
7.36×
1.42×
Q1 25
6.52×
Q4 24
1.93×
Q3 24
2.06×
Q2 24
2.19×
Q1 24

Financial Flow Comparison

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

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