NAMM revenueFY2025$82.59M
- FY YoY
- -3.8%
NAMM revenue was $82.59M for fiscal 2025 (ended Dec 31, 2025), down 3.8% from fiscal 2024.
Namib Minerals (NAMM) financials
For fiscal 2025 (ended Dec 31, 2025), Namib Minerals reported $82.59M of revenue and $101.18M of net income.
- Revenue, FY2025
- $82.59M
- Revenue growth, YoY
- -3.8%
- Net income, FY2025
- $101.18M
- Net income growth, YoY
- 28x
- Net margin
- 122.5%
- Free cash flow, FY2025
- $2.53M
- EPS, diluted, FY2025
- $1.84
- EPS growth, YoY
- 26x
- Cash
- $1.89M
- Total debt
- $5.18M
- P/E
- 0.44
- P/S
- 0.54
- Market cap
- $44.9M
FY2023FY2025
FY2023FY2025
FY2023FY2025
NAMM revenue and earnings growth
NAMM net incomeFY2025$101.18M
- FY YoY
- 28x
NAMM net income was $101.18M for fiscal 2025 (ended Dec 31, 2025), up about 28-fold from fiscal 2024.
NAMM EPSFY2025$1.84
- FY YoY
- 26x
NAMM diluted EPS was $1.84 for fiscal 2025 (ended Dec 31, 2025), up about 26-fold from fiscal 2024.
NAMM free cash flowFY2025$2.53M
- FY YoY
- -77.9%
NAMM free cash flow was $2.53M for fiscal 2025 (ended Dec 31, 2025), down 77.9% from fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|---|
| Revenue | $82.59M | $85.88M | $65.06M |
| Cost of revenue | $36.96M | $38.67M | $36.74M |
| Gross profit | $34.23M | $38.79M | $22.46M |
| Selling, general and admin | $1.21M | $1.22M | $1.48M |
| Interest expense | $1.95M | $1.52M | $2.42M |
| Pre-tax income | $108.51M | $14.49M | $8.88M |
| Income tax | $7.33M | $10.91M | $5.25M |
| Net income | $101.18M | $3.59M | $3.63M |
| EPS, basic | $1.96 | $0.07 | $0.07 |
| EPS, diluted | $1.84 | $0.07 | $0.07 |
| Diluted shares | 55.0M | 48.9M | 48.9M |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|---|
| Cash and equivalents | $1.89M | -$315.0K | $278.0K |
| Receivables | $5.51M | $3.75M | - |
| Inventory | $3.91M | $3.19M | - |
| Current assets | $16.17M | $8.95M | - |
| Total assets | $62.79M | $51.04M | - |
| Current liabilities | $53.57M | $45.98M | - |
| Total debt | $5.18M | $2.52M | $2.41M |
| Total liabilities | $102.07M | $81.97M | - |
| Shareholders' equity | $70.47M | -$30.93M | -$28.35M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|---|
| Operating cash flow | $13.79M | $19.13M | $14.92M |
| Capital expenditures | $11.26M | $7.70M | $6.21M |
| Free cash flow | $2.53M | $11.43M | $8.72M |
| Investing cash flow | -$12.39M | -$10.06M | -$5.63M |
| Financing cash flow | $795.0K | -$9.65M | -$9.07M |
| Dividends paid | - | $9.02M | $7.92M |
| Stock-based compensation | $236.0K | $2.83M | - |
| Depreciation and amortization | $7.27M | $4.14M | $2.71M |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
|---|---|---|---|
| Revenue growth, YoY | -3.8% | 32.0% | - |
| Net income growth, YoY | 2720.0% | -1.1% | - |
| EPS growth, YoY | 2528.6% | 0.0% | - |
| Gross margin | 41.4% | 45.2% | 34.5% |
| Net margin | 122.5% | 4.2% | 5.6% |
| Free cash flow margin | 3.1% | 13.3% | 13.4% |
| Return on equity | 143.6% | - | - |
| Return on assets | 161.1% | 7.0% | - |
| Current ratio | 0.30 | 0.19 | - |
| Debt to equity | 0.07 | - | - |
Source: XBRL data Namib Minerals files with the SEC, latest filing dated Apr 2, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
NAMM peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| NAMM | $82.59M | -3.8% | $101.18M | 122.5% | $44.9M |
| NEM | $26.61B | +23.7% | $9.24B | 34.7% | $125.65B |
| AEM | $11.91B | +43.7% | $4.46B | 37.5% | $96.85B |
| B | $16.96B | +31.2% | $4.99B | 29.4% | $66.76B |
| WPM | $2.31B | +80.2% | $1.47B | 63.6% | $61.91B |
| FNV | $1.82B | +63.7% | $1.11B | 61.0% | $49.17B |
| AU | $9.89B | +70.8% | $3.17B | 32.1% | $47.03B |
| GFI | $8.75B | +68.2% | $3.57B | 40.8% | $35.06B |
| KGC | $7.05B | +36.9% | $2.39B | 33.9% | $26.21B |
NAMM FAQ
9 questionsWhat is NAMM revenue?
Namib Minerals (NAMM) reported $82.59M of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 3.8% from the year before.Is NAMM profitable?
Yes. Namib Minerals earned $101.18M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 122.5%.How much cash and debt does NAMM have?
Namib Minerals reported $1.89M in cash and cash equivalents and $5.18M of debt on its most recent balance sheet in SEC filings.How fast is NAMM revenue growing?
Namib Minerals's revenue changed -3.8% in fiscal 2025, to $82.59M.What is NAMM gross margin?
Namib Minerals's gross profit was $34.23M on $82.59M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 41.4%.What is NAMM free cash flow?
Namib Minerals generated $2.53M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $13.79M less capital expenditures.What is NAMM earnings per share?
Diluted earnings per share were $1.84 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.When did NAMM last report financial results?
The latest statements here come from Namib Minerals's 20-F filed on Apr 2, 2026, covering the period ended Dec 31, 2025.Where does this NAMM financial data come from?
Quantisnow builds these statements from the structured XBRL data Namib Minerals files with the SEC. It is provided for information only and is not investment advice.