Spok Holdings vs Surgepays
Spok Holdings is the larger business, with $140m of revenue in fiscal 2025 against $57.0m for Surgepays (2.5 times as much). Spok Holdings grew faster (1.5% against -6.4%). Spok Holdings kept more of each dollar of sales as profit: a net margin of 11.4% against -63.3%.
| Latest fiscal year | Spok HoldingsSPOK, 2025 | SurgepaysSURG, 2025 |
|---|---|---|
| Revenue | $140m | $57.0m |
| Revenue growth | 1.5% | -6.4% |
| Net income | $15.9m | −$36.1m |
| Operating margin | — | — |
| Net margin | 11.4% | -63.3% |
| Return on equity | 10.5% | — |
| Free cash flow | $25.2m | −$21.3m |
| Cash | $25.3m | $1.7m |
| Total debt | $0 | $22.1m |
| Debt to equity | — | — |
| Dividend per share | $1.25 | — |
| Dividend yield | 10.8% | — |
| Share buybacks | — | — |
| Employees | 410 | — |
| Market value | $251m | $4.1m |
| Price vs our value range | Below our value range | — |
| Moat score | 60 (Moderate) | 18 (Weak) |
| Insider trades, 12 months | 4 buys, 3 sales | 5 buys, 0 sales |