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Side-by-side financial comparison of Namib Minerals (NAMM) and Zevia PBC (ZVIA). Click either name above to swap in a different company.

Namib Minerals is the larger business by last-quarter revenue ($41.9M vs $37.9M, roughly 1.1× Zevia PBC).

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.

Zevia is a Los Angeles based company that produces soft drinks, organic tea, energy drinks, and mixers sweetened with stevia. All Zevia products are zero-calorie, sugar-free, gluten free, vegan, certified kosher, and certified by The Non-GMO Project. In June 2021, Zevia filed to go public with an IPO.

NAMM vs ZVIA — Head-to-Head

Bigger by revenue
NAMM
NAMM
1.1× larger
NAMM
$41.9M
$37.9M
ZVIA

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
NAMM
NAMM
ZVIA
ZVIA
Revenue
$41.9M
$37.9M
Net Profit
$-1.3M
Gross Margin
45.7%
47.7%
Operating Margin
29.8%
-4.0%
Net Margin
-3.4%
Revenue YoY
-4.0%
Net Profit YoY
80.9%
EPS (diluted)
$-0.02

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
ZVIA
ZVIA
Q4 25
$37.9M
Q3 25
$40.8M
Q2 25
$41.9M
$44.5M
Q1 25
$38.0M
Q4 24
$39.5M
Q3 24
$36.4M
Q2 24
$40.4M
Q1 24
$38.8M
Net Profit
NAMM
NAMM
ZVIA
ZVIA
Q4 25
$-1.3M
Q3 25
$-2.7M
Q2 25
$-651.0K
Q1 25
$-6.4M
Q4 24
$-6.8M
Q3 24
$-2.5M
Q2 24
$-7.0M
Q1 24
$-7.2M
Gross Margin
NAMM
NAMM
ZVIA
ZVIA
Q4 25
47.7%
Q3 25
45.6%
Q2 25
45.7%
48.7%
Q1 25
50.1%
Q4 24
49.2%
Q3 24
49.1%
Q2 24
41.9%
Q1 24
45.7%
Operating Margin
NAMM
NAMM
ZVIA
ZVIA
Q4 25
-4.0%
Q3 25
-7.0%
Q2 25
29.8%
-2.3%
Q1 25
-16.8%
Q4 24
-16.1%
Q3 24
-8.2%
Q2 24
-17.5%
Q1 24
-18.8%
Net Margin
NAMM
NAMM
ZVIA
ZVIA
Q4 25
-3.4%
Q3 25
-6.6%
Q2 25
-1.5%
Q1 25
-16.8%
Q4 24
-17.2%
Q3 24
-6.9%
Q2 24
-17.2%
Q1 24
-18.6%
EPS (diluted)
NAMM
NAMM
ZVIA
ZVIA
Q4 25
$-0.02
Q3 25
$-0.04
Q2 25
$-0.01
Q1 25
$-0.08
Q4 24
$-0.10
Q3 24
$-0.04
Q2 24
$-0.10
Q1 24
$-0.10

Balance Sheet & Financial Strength

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

Metric
NAMM
NAMM
ZVIA
ZVIA
Cash + ST InvestmentsLiquidity on hand
$25.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$51.0M
Total Assets
$63.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NAMM
NAMM
ZVIA
ZVIA
Q4 25
$25.4M
Q3 25
$26.0M
Q2 25
Q1 25
Q4 24
$30.7M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
NAMM
NAMM
ZVIA
ZVIA
Q4 25
$51.0M
Q3 25
$51.3M
Q2 25
$53.0M
Q1 25
$53.7M
Q4 24
$64.9M
Q3 24
$72.5M
Q2 24
$75.0M
Q1 24
$80.3M
Total Assets
NAMM
NAMM
ZVIA
ZVIA
Q4 25
$63.6M
Q3 25
$60.0M
Q2 25
$62.5M
Q1 25
$62.0M
Q4 24
$68.0M
Q3 24
$72.9M
Q2 24
$72.8M
Q1 24
$85.1M

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
ZVIA
ZVIA
Operating Cash FlowLast quarter
$11.4M
$-507.0K
Free Cash FlowOCF − Capex
$7.4M
FCF MarginFCF / Revenue
17.6%
Capex IntensityCapex / Revenue
9.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NAMM
NAMM
ZVIA
ZVIA
Q4 25
$-507.0K
Q3 25
$116.0K
Q2 25
$11.4M
$-1.4M
Q1 25
$-2.9M
Q4 24
$-2.0M
Q3 24
$3.9M
Q2 24
$282.0K
Q1 24
$-3.2M
Free Cash Flow
NAMM
NAMM
ZVIA
ZVIA
Q4 25
Q3 25
Q2 25
$7.4M
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
FCF Margin
NAMM
NAMM
ZVIA
ZVIA
Q4 25
Q3 25
Q2 25
17.6%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Capex Intensity
NAMM
NAMM
ZVIA
ZVIA
Q4 25
Q3 25
Q2 25
9.6%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

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