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Side-by-side financial comparison of Namib Minerals (NAMM) and Spok Holdings, Inc (SPOK). Click either name above to swap in a different company.

Namib Minerals is the larger business by last-quarter revenue ($41.9M vs $33.9M, roughly 1.2× Spok Holdings, Inc). Spok Holdings, Inc produced more free cash flow last quarter ($10.1M vs $7.4M).

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.

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.

NAMM vs SPOK — Head-to-Head

Bigger by revenue
NAMM
NAMM
1.2× larger
NAMM
$41.9M
$33.9M
SPOK
More free cash flow
SPOK
SPOK
$2.8M more FCF
SPOK
$10.1M
$7.4M
NAMM

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
NAMM
NAMM
SPOK
SPOK
Revenue
$41.9M
$33.9M
Net Profit
$2.9M
Gross Margin
45.7%
76.7%
Operating Margin
29.8%
11.6%
Net Margin
8.7%
Revenue YoY
-0.1%
Net Profit YoY
-19.6%
EPS (diluted)
$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.

Revenue
NAMM
NAMM
SPOK
SPOK
Q4 25
$33.9M
Q3 25
$33.9M
Q2 25
$41.9M
$35.7M
Q1 25
$36.3M
Q4 24
$33.9M
Q3 24
$34.9M
Q2 24
$34.0M
Q1 24
$34.9M
Net Profit
NAMM
NAMM
SPOK
SPOK
Q4 25
$2.9M
Q3 25
$3.2M
Q2 25
$4.6M
Q1 25
$5.2M
Q4 24
$3.6M
Q3 24
$3.7M
Q2 24
$3.4M
Q1 24
$4.2M
Gross Margin
NAMM
NAMM
SPOK
SPOK
Q4 25
76.7%
Q3 25
78.3%
Q2 25
45.7%
79.5%
Q1 25
80.1%
Q4 24
78.5%
Q3 24
79.5%
Q2 24
78.9%
Q1 24
79.5%
Operating Margin
NAMM
NAMM
SPOK
SPOK
Q4 25
11.6%
Q3 25
12.9%
Q2 25
29.8%
15.1%
Q1 25
16.6%
Q4 24
13.7%
Q3 24
14.2%
Q2 24
13.2%
Q1 24
14.0%
Net Margin
NAMM
NAMM
SPOK
SPOK
Q4 25
8.7%
Q3 25
9.5%
Q2 25
12.8%
Q1 25
14.3%
Q4 24
10.8%
Q3 24
10.5%
Q2 24
10.1%
Q1 24
12.1%
EPS (diluted)
NAMM
NAMM
SPOK
SPOK
Q4 25
$0.13
Q3 25
$0.15
Q2 25
$0.22
Q1 25
$0.25
Q4 24
$0.17
Q3 24
$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
NAMM
NAMM
SPOK
SPOK
Cash + ST InvestmentsLiquidity on hand
$25.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$146.4M
Total Assets
$206.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NAMM
NAMM
SPOK
SPOK
Q4 25
$25.3M
Q3 25
$21.4M
Q2 25
$20.2M
Q1 25
$19.9M
Q4 24
$29.1M
Q3 24
$27.8M
Q2 24
$23.9M
Q1 24
$23.3M
Stockholders' Equity
NAMM
NAMM
SPOK
SPOK
Q4 25
$146.4M
Q3 25
$148.7M
Q2 25
$150.9M
Q1 25
$151.7M
Q4 24
$154.7M
Q3 24
$156.3M
Q2 24
$158.2M
Q1 24
$160.2M
Total Assets
NAMM
NAMM
SPOK
SPOK
Q4 25
$206.1M
Q3 25
$209.7M
Q2 25
$208.7M
Q1 25
$204.5M
Q4 24
$217.1M
Q3 24
$216.8M
Q2 24
$216.4M
Q1 24
$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
NAMM
NAMM
SPOK
SPOK
Operating Cash FlowLast quarter
$11.4M
$11.5M
Free Cash FlowOCF − Capex
$7.4M
$10.1M
FCF MarginFCF / Revenue
17.6%
29.9%
Capex IntensityCapex / Revenue
9.6%
4.1%
Cash ConversionOCF / Net Profit
3.93×
TTM Free Cash FlowTrailing 4 quarters
$25.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NAMM
NAMM
SPOK
SPOK
Q4 25
$11.5M
Q3 25
$8.1M
Q2 25
$11.4M
$7.0M
Q1 25
$2.3M
Q4 24
$8.4M
Q3 24
$11.1M
Q2 24
$7.4M
Q1 24
$2.0M
Free Cash Flow
NAMM
NAMM
SPOK
SPOK
Q4 25
$10.1M
Q3 25
$7.6M
Q2 25
$7.4M
$6.0M
Q1 25
$1.5M
Q4 24
$7.5M
Q3 24
$10.3M
Q2 24
$6.8M
Q1 24
$1.1M
FCF Margin
NAMM
NAMM
SPOK
SPOK
Q4 25
29.9%
Q3 25
22.4%
Q2 25
17.6%
16.8%
Q1 25
4.2%
Q4 24
22.3%
Q3 24
29.4%
Q2 24
20.0%
Q1 24
3.2%
Capex Intensity
NAMM
NAMM
SPOK
SPOK
Q4 25
4.1%
Q3 25
1.6%
Q2 25
9.6%
2.9%
Q1 25
2.1%
Q4 24
2.5%
Q3 24
2.4%
Q2 24
1.9%
Q1 24
2.5%
Cash Conversion
NAMM
NAMM
SPOK
SPOK
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

NAMM
NAMM

Segment breakdown not available.

SPOK
SPOK

Paging$16.8M50%
Software Operations$16.0M47%
License$1.2M4%

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