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

Upland Software, Inc. is the larger business by last-quarter revenue ($49.3M vs $41.9M, roughly 1.2× Namib Minerals). Namib Minerals produced more free cash flow last quarter ($7.4M vs $7.2M).

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.

Upland Software, Inc. is a global provider of cloud-based enterprise work management solutions. It offers products covering project portfolio management, customer engagement, IT service management, and financial automation, serving businesses of all sizes across North America, Europe, and Asia-Pacific in tech, healthcare, and professional services sectors.

NAMM vs UPLD — Head-to-Head

Bigger by revenue
UPLD
UPLD
1.2× larger
UPLD
$49.3M
$41.9M
NAMM
More free cash flow
NAMM
NAMM
$135.0K more FCF
NAMM
$7.4M
$7.2M
UPLD

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
NAMM
NAMM
UPLD
UPLD
Revenue
$41.9M
$49.3M
Net Profit
Gross Margin
45.7%
76.5%
Operating Margin
29.8%
14.5%
Net Margin
Revenue YoY
-27.5%
Net Profit YoY
EPS (diluted)
$0.01

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
UPLD
UPLD
Q4 25
$49.3M
Q3 25
$50.5M
Q2 25
$41.9M
$53.4M
Q1 25
$63.7M
Q4 24
$68.0M
Q3 24
$66.7M
Q2 24
$69.3M
Q1 24
$70.7M
Net Profit
NAMM
NAMM
UPLD
UPLD
Q4 25
Q3 25
$-1.1M
Q2 25
$-13.0M
Q1 25
$-25.8M
Q4 24
Q3 24
$-1.7M
Q2 24
$-11.4M
Q1 24
$-96.1M
Gross Margin
NAMM
NAMM
UPLD
UPLD
Q4 25
76.5%
Q3 25
76.9%
Q2 25
45.7%
74.8%
Q1 25
71.6%
Q4 24
70.8%
Q3 24
70.5%
Q2 24
70.5%
Q1 24
70.2%
Operating Margin
NAMM
NAMM
UPLD
UPLD
Q4 25
14.5%
Q3 25
10.6%
Q2 25
29.8%
-13.2%
Q1 25
-1.7%
Q4 24
-2.9%
Q3 24
-5.0%
Q2 24
-7.7%
Q1 24
-129.6%
Net Margin
NAMM
NAMM
UPLD
UPLD
Q4 25
Q3 25
-2.2%
Q2 25
-24.4%
Q1 25
-40.6%
Q4 24
Q3 24
-2.6%
Q2 24
-16.5%
Q1 24
-135.9%
EPS (diluted)
NAMM
NAMM
UPLD
UPLD
Q4 25
$0.01
Q3 25
$-0.09
Q2 25
$-0.51
Q1 25
$-0.97
Q4 24
$-0.30
Q3 24
$-0.12
Q2 24
$-0.47
Q1 24
$-3.37

Balance Sheet & Financial Strength

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

Metric
NAMM
NAMM
UPLD
UPLD
Cash + ST InvestmentsLiquidity on hand
$29.4M
Total DebtLower is stronger
$232.4M
Stockholders' EquityBook value
$-48.4M
Total Assets
$413.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NAMM
NAMM
UPLD
UPLD
Q4 25
$29.4M
Q3 25
$22.8M
Q2 25
$41.0M
Q1 25
$33.7M
Q4 24
$56.4M
Q3 24
$59.7M
Q2 24
$232.4M
Q1 24
$231.6M
Total Debt
NAMM
NAMM
UPLD
UPLD
Q4 25
$232.4M
Q3 25
Q2 25
Q1 25
Q4 24
$290.2M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
NAMM
NAMM
UPLD
UPLD
Q4 25
$-48.4M
Q3 25
$-47.3M
Q2 25
$-42.4M
Q1 25
$-37.8M
Q4 24
$-18.3M
Q3 24
$907.0K
Q2 24
$6.5M
Q1 24
$20.1M
Total Assets
NAMM
NAMM
UPLD
UPLD
Q4 25
$413.2M
Q3 25
$409.1M
Q2 25
$441.7M
Q1 25
$457.0M
Q4 24
$529.5M
Q3 24
$554.9M
Q2 24
$739.9M
Q1 24
$754.9M

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
UPLD
UPLD
Operating Cash FlowLast quarter
$11.4M
$7.3M
Free Cash FlowOCF − Capex
$7.4M
$7.2M
FCF MarginFCF / Revenue
17.6%
14.7%
Capex IntensityCapex / Revenue
9.6%
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$24.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NAMM
NAMM
UPLD
UPLD
Q4 25
$7.3M
Q3 25
$6.9M
Q2 25
$11.4M
$3.3M
Q1 25
$8.3M
Q4 24
$9.3M
Q3 24
$4.3M
Q2 24
$5.5M
Q1 24
$5.1M
Free Cash Flow
NAMM
NAMM
UPLD
UPLD
Q4 25
$7.2M
Q3 25
$6.7M
Q2 25
$7.4M
$2.7M
Q1 25
$7.9M
Q4 24
$9.0M
Q3 24
$4.2M
Q2 24
$5.2M
Q1 24
$4.9M
FCF Margin
NAMM
NAMM
UPLD
UPLD
Q4 25
14.7%
Q3 25
13.2%
Q2 25
17.6%
5.0%
Q1 25
12.4%
Q4 24
13.3%
Q3 24
6.3%
Q2 24
7.5%
Q1 24
7.0%
Capex Intensity
NAMM
NAMM
UPLD
UPLD
Q4 25
0.2%
Q3 25
0.4%
Q2 25
9.6%
1.2%
Q1 25
0.7%
Q4 24
0.5%
Q3 24
0.2%
Q2 24
0.4%
Q1 24
0.3%

Financial Flow Comparison

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

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