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

Namib Minerals is the larger business by last-quarter revenue ($41.9M vs $27.2M, roughly 1.5× SUNation Energy, Inc.).

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.

Suncor Energy Inc. is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world.

NAMM vs SUNE — Head-to-Head

Bigger by revenue
NAMM
NAMM
1.5× larger
NAMM
$41.9M
$27.2M
SUNE

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
NAMM
NAMM
SUNE
SUNE
Revenue
$41.9M
$27.2M
Net Profit
$2.6M
Gross Margin
45.7%
40.7%
Operating Margin
29.8%
10.7%
Net Margin
9.6%
Revenue YoY
77.0%
Net Profit YoY
138.2%
EPS (diluted)
$105.59

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
SUNE
SUNE
Q4 25
$27.2M
Q3 25
$19.0M
Q2 25
$41.9M
$13.1M
Q1 25
$12.6M
Q4 24
$15.4M
Q3 24
$14.7M
Q2 24
$13.5M
Q1 24
$13.2M
Net Profit
NAMM
NAMM
SUNE
SUNE
Q4 25
$2.6M
Q3 25
$-393.0K
Q2 25
$-9.6M
Q1 25
$-3.5M
Q4 24
$-6.8M
Q3 24
$-3.3M
Q2 24
$-6.9M
Q1 24
$1.2M
Gross Margin
NAMM
NAMM
SUNE
SUNE
Q4 25
40.7%
Q3 25
38.0%
Q2 25
45.7%
37.0%
Q1 25
35.1%
Q4 24
36.4%
Q3 24
35.6%
Q2 24
35.4%
Q1 24
36.4%
Operating Margin
NAMM
NAMM
SUNE
SUNE
Q4 25
10.7%
Q3 25
-1.3%
Q2 25
29.8%
-16.6%
Q1 25
-17.2%
Q4 24
-42.3%
Q3 24
-10.9%
Q2 24
-15.0%
Q1 24
-16.5%
Net Margin
NAMM
NAMM
SUNE
SUNE
Q4 25
9.6%
Q3 25
-2.1%
Q2 25
-73.5%
Q1 25
-27.7%
Q4 24
-44.4%
Q3 24
-22.4%
Q2 24
-51.2%
Q1 24
9.1%
EPS (diluted)
NAMM
NAMM
SUNE
SUNE
Q4 25
$105.59
Q3 25
$-0.12
Q2 25
$-3.14
Q1 25
$-106.71
Q4 24
$41676.94
Q3 24
$-2350.12
Q2 24
$-11022.91
Q1 24
$-38414.84

Balance Sheet & Financial Strength

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

Metric
NAMM
NAMM
SUNE
SUNE
Cash + ST InvestmentsLiquidity on hand
$7.2M
Total DebtLower is stronger
$6.6M
Stockholders' EquityBook value
$24.3M
Total Assets
$48.2M
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NAMM
NAMM
SUNE
SUNE
Q4 25
$7.2M
Q3 25
$5.4M
Q2 25
$3.2M
Q1 25
$1.4M
Q4 24
$839.3K
Q3 24
$1.1M
Q2 24
$1.0M
Q1 24
$1.8M
Total Debt
NAMM
NAMM
SUNE
SUNE
Q4 25
$6.6M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
NAMM
NAMM
SUNE
SUNE
Q4 25
$24.3M
Q3 25
$21.7M
Q2 25
$22.1M
Q1 25
$14.8M
Q4 24
$8.5M
Q3 24
$13.1M
Q2 24
$-10.9M
Q1 24
$-11.2M
Total Assets
NAMM
NAMM
SUNE
SUNE
Q4 25
$48.2M
Q3 25
$49.6M
Q2 25
$44.1M
Q1 25
$44.4M
Q4 24
$45.7M
Q3 24
$51.0M
Q2 24
$52.9M
Q1 24
$54.7M
Debt / Equity
NAMM
NAMM
SUNE
SUNE
Q4 25
0.27×
Q3 25
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
NAMM
NAMM
SUNE
SUNE
Operating Cash FlowLast quarter
$11.4M
$2.1M
Free Cash FlowOCF − Capex
$7.4M
FCF MarginFCF / Revenue
17.6%
Capex IntensityCapex / Revenue
9.6%
Cash ConversionOCF / Net Profit
0.81×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NAMM
NAMM
SUNE
SUNE
Q4 25
$2.1M
Q3 25
$2.4M
Q2 25
$11.4M
$-130.2K
Q1 25
$-3.4M
Q4 24
$-1.9M
Q3 24
$-968.1K
Q2 24
$-776.4K
Q1 24
$-2.6M
Free Cash Flow
NAMM
NAMM
SUNE
SUNE
Q4 25
Q3 25
$2.4M
Q2 25
$7.4M
Q1 25
Q4 24
$-1.9M
Q3 24
$-980.3K
Q2 24
$-788.4K
Q1 24
$-2.7M
FCF Margin
NAMM
NAMM
SUNE
SUNE
Q4 25
Q3 25
12.5%
Q2 25
17.6%
Q1 25
Q4 24
-12.4%
Q3 24
-6.7%
Q2 24
-5.8%
Q1 24
-20.1%
Capex Intensity
NAMM
NAMM
SUNE
SUNE
Q4 25
Q3 25
0.0%
Q2 25
9.6%
Q1 25
Q4 24
0.0%
Q3 24
0.1%
Q2 24
0.1%
Q1 24
0.0%
Cash Conversion
NAMM
NAMM
SUNE
SUNE
Q4 25
0.81×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NAMM
NAMM

Segment breakdown not available.

SUNE
SUNE

Transferred At Point In Time$15.1M55%
Hawaii Energy Connection$10.0M37%
Transferred Over Time$2.1M8%

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