Namib Minerals (NAMM) Income Statement
NAMM 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsNAMM revenue and net income
Where NAMM's revenue goes
2025Each bar shows an amount and its share of revenue. NAMM kept 122.5% of revenue as net income.
NAMM profit margins
NAMM growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −3.8% | +20.1% | — | — |
| Gross profit | −11.7% | +47.3% | — | — |
| Operating income | −16.2% | +53.3% | — | — |
| Net income | +2,720.0% | +225.7% | — | — |
| EPS (diluted) | — | +76.5% | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
NAMM quarterly EPS vs estimates
NAMM income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $82.6M | $85.9M | $65.1M | $47.7M | $0 |
| Cost of revenue | $48.4M | $47.1M | $42.6M | $36.9M | — |
| Gross profit | $34.2M | $38.8M | $22.5M | $10.7M | — |
| Sales, general & admin | $22.2M | $18.9M | $9.0M | $6.2M | — |
| Total operating expenses | $21.9M | $24.1M | $4.9M | $7.3M | $665,000 |
| Operating income | $12.3M | $14.7M | $17.6M | $3.4M | −$665,000 |
| Interest income | $16,000 | $14,000 | $114,000 | $131,000 | — |
| Interest expense | $2.0M | $1.5M | $2.4M | $2.1M | — |
| Income before taxes | $108.5M | $14.5M | $8.9M | $7.4M | $2.5M |
| Income taxes | $7.3M | $10.9M | $5.3M | $4.5M | — |
| Net income | $101.2M | $3.6M | $3.6M | $2.9M | $2.5M |
| EBITDA | $117.7M | $20.2M | $14.0M | $11.8M | $2.5M |
| EPS (diluted) | $1.87 | −$1.23 | $0.16 | $0.34 | $0.06 |
| Gross margin | 41.4% | 45.2% | 34.5% | 22.5% | — |
| Operating margin | 14.9% | 17.1% | 27.0% | 7.2% | — |
| Net margin | 122.5% | 4.2% | 5.6% | 6.1% | — |
| Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.4M | $25.4M | $23.1M | $18.2M | $18.2M | $0 | $0 | $21.0M | $21.0M | $0 |
| Cost of revenue | $10.6M | $10.6M | $10.4M | $10.2M | $10.2M | $10.6M | $10.6M | $10.6M | $10.6M | $10.6M |
| Gross profit | $14.9M | $14.9M | $12.7M | $8.0M | $8.0M | −$10.4M | −$10.4M | $10.4M | $10.4M | −$6.2M |
| Sales, general & admin | $4.7M | $4.7M | $1.4M | $7.4M | $1.4M | $1.7M | $1.7M | $3.7M | $3.7M | $2.0M |
| Total operating expenses | $13.8M | $13.8M | −$46.2M | $11.7M | $1.4M | −$17.9M | −$17.9M | $4.1M | $4.1M | −$19.1M |
| Operating income | $1.1M | $1.1M | $58.9M | −$3.7M | −$1.4M | −$13.7M | −$1.3M | $6.2M | $6.2M | −$8.3M |
| Interest expense | — | $487,000 | $487,000 | — | — | — | — | — | — | — |
| Income before taxes | $627,000 | $627,000 | $58.4M | −$4.1M | −$3.5M | −$16.9M | −$9.8M | $6.8M | $6.8M | $3.8M |
| Income taxes | $3.0M | $3.0M | $1.8M | $1.8M | $60,000 | $30,000 | $140,000 | $2.2M | $2.2M | $273,500 |
| Net income | −$2.4M | −$2.4M | $56.5M | −$5.9M | −$3.5M | −$15.0M | −$15.0M | $4.6M | $4.6M | $3.5M |
| EBITDA | $10.3M | $10.3M | $9.6M | $695,000 | −$2.1M | −$1.0M | −$12.4M | $6.6M | $6.6M | −$672,000 |
| EPS (diluted) | — | −$0.24 | — | — | −$0.24 | −$0.09 | −$0.60 | −$0.31 | −$0.23 | $0.08 |
| Gross margin | 58.4% | 58.4% | 55.0% | 44.0% | 44.0% | — | — | 49.4% | 49.4% | — |
| Operating margin | 4.3% | 4.3% | 255.0% | −20.3% | −7.5% | — | — | 29.8% | 29.8% | — |
| Net margin | −9.5% | −9.5% | 244.7% | −32.7% | −19.4% | — | — | 21.9% | 21.9% | — |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in NAMM's financial statements (latest annual report filed April 2, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
NAMM financial results
In fiscal year 2025 (ended December 31, 2025), Namib Minerals reported revenue of $82.6 million, down 3.8% from the year before. It had net income of $101.2 million (up 2,720.0%), a net profit margin of 122.5%. Diluted earnings per share came to $1.87.
See the NAMM stock overview for the latest quote and news, or the NAMM chart for price history and technical indicators.
NAMM income statement FAQ
What is Namib Minerals's annual revenue?
Namib Minerals reported total revenue of $82.6 million for fiscal year 2025, which ended on December 31, 2025. That was down 3.8% from $85.9 million the previous year.
Is Namib Minerals profitable?
Yes. Namib Minerals reported net income of $101.2 million in fiscal 2025, a net profit margin of 122.5%; its operating margin was 14.9%.
What is Namib Minerals's gross margin?
Namib Minerals's gross margin was 41.4% in fiscal 2025: for every $100 of revenue, Namib Minerals kept $41 after the direct cost of its products and services.
What are Namib Minerals's earnings per share?
Namib Minerals earned $1.87 per diluted share in fiscal 2025, compared with $-1.23 a year earlier.
When does Namib Minerals's fiscal year end?
Namib Minerals's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 2, 2026.