Spok Holdings, Inc.

SPOK

SPOKSpok Holdings, Inc. US flag

NASDAQ Global Select

10.59

USD

-0.36

- -

221.19MMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	234	220	210	200	190	180	171	169	160	148	142	135	139	138	140
+ Sales & Services Revenue	234	220	210	200	190	180	171	169	160	148	142	135	139	138	140
- Cost of Revenue	20	27	28	33	34	31	28	32	33	31	32	28	27	29	30
+ Cost of Goods & Services	20	27	28	33	34	31	28	32	33	31	32	28	27	29	30
Gross Profit	213	193	182	168	156	149	143	137	128	117	110	106	112	109	110
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	159	141	134	138	131	126	132	139	134	113	121	99	90	89	90
+ Selling, General & Admin	133	117	113	107	102	93	94	97	93	86	89	54	48	47	50
+ Research & Development	- -	- -	- -	10	10	13	19	24	28	16	18	14	11	12	12
+ Other Operating Expense	26	24	21	22	18	20	19	17	13	12	14	31	32	30	28
Operating Income (Loss)	54	52	48	30	25	23	11	-2	-6	4	-11	8	22	20	20
- Non-Operating (Income) Loss	-3	6	2	2	-1	- -	- -	1	7	26	16	7	-1	- -	-1
+ Interest Expense, Net	2	- -	- -	- -	- -	- -	-1	-2	-2	-1	- -	-1	-1	-1	-1
+ Interest Expense	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	- -	- -	- -	- -	- -	- -	1	2	2	1	- -	1	1	1	1
+ Other Non-Op (Income) Loss	-6	6	2	2	-1	- -	- -	2	9	27	17	7	1	1	- -
Pretax Income	58	46	45	27	26	23	12	-2	-13	-22	-27	1	22	20	21
- Income Tax Expense (Benefit)	-26	19	18	7	-54	9	27	-1	-3	22	-5	-21	7	5	6
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	84	27	28	21	80	14	-15	-1	-11	-44	-22	22	16	15	16
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	84	27	28	21	80	14	-15	-1	-11	-44	-22	22	16	15	16
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	84	27	28	21	80	14	-15	-1	-11	-44	-22	22	16	15	16
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	84	27	28	21	80	14	-15	-1	-11	-44	-22	22	16	15	16
EBIT	54	52	48	30	25	23	11	-2	-6	4	-11	8	22	20	20
EBITDA	74	70	63	46	39	36	23	9	3	13	-1	11	26	24	24
EBITDA Margin (%)	31.45	31.94	29.9	23.13	20.6	19.8	13.35	5.44	1.85	8.87	-0.44	8.28	18.44	17.09	16.83
EBITA	54	52	48	30	25	23	11	-2	-6	4	-11	8	22	20	20
Gross Margin (%)	91.27	87.75	86.69	83.74	82.15	82.93	83.4	80.88	79.67	79.12	77.16	78.99	80.51	79.15	78.68
Operating Margin (%)	23.18	23.64	22.67	14.8	13.24	12.58	6.56	-0.91	-3.92	2.76	-7.79	5.62	15.68	14.58	14.44
Profit Margin (%)	35.85	12.28	13.13	10.36	42.32	7.79	-8.94	-0.87	-6.72	-29.85	-15.6	16.25	11.27	10.87	11.37
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	1	0.75	0.57	0.5	0.66	0.5	0.75	0.51	0.51	0.51	0.52	1.27	1.29	1.3	1.33
Depreciation Expense	19	18	15	17	14	13	12	11	9	9	10	4	4	3	3
Basic Weighted Avg Shares	22	22	22	22	21	21	20	20	19	19	19	20	20	20	21
Basic EPS, GAAP	3.79	1.23	1.27	0.96	3.8	0.68	-0.76	-0.08	-0.56	-2.32	-1.14	1.11	0.79	0.74	0.77
Basic EPS from Cont Ops	3.79	1.23	1.27	0.96	3.8	0.68	-0.76	-0.08	-0.56	-2.32	-1.14	1.11	0.79	0.74	0.77
Diluted Weighted Avg Shares	23	22	22	22	21	21	20	20	19	19	19	20	20	21	21
Diluted EPS, GAAP	3.72	1.2	1.25	0.94	3.79	0.68	-0.76	-0.08	-0.56	-2.32	-1.14	1.09	0.77	0.73	0.75
Diluted EPS from Cont Ops	3.72	1.2	1.25	0.94	3.79	0.68	-0.76	-0.08	-0.56	-2.32	-1.14	1.09	0.77	0.73	0.75

Balance Sheet (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	105	96	120	143	142	156	144	131	118	119	94	70	64	61	58
+ Cash, Cash Equivalents & STI	54	61	89	108	111	126	107	87	77	79	60	36	32	29	25
+ Cash & Cash Equivalents	54	61	89	108	111	126	103	83	47	49	45	36	32	29	25
+ ST Investments	- -	- -	- -	- -	- -	- -	4	4	30	30	15	- -	- -	- -	- -
+ Accounts & Notes Receiv	37	23	19	26	23	24	30	32	30	30	27	27	23	22	23
+ Accounts Receivable, Net	21	22	18	25	23	24	30	32	30	30	27	27	23	22	23
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	16	2	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	3	3	2	3	2	2	2	2	1	- -	- -	- -	- -	- -	- -
+ Raw Materials	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	3	2	3	2	2	2	2	1	- -	- -	- -	- -	- -	- -
+ Other ST Assets	12	8	10	6	5	4	6	10	9	10	8	7	9	10	10
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	249	227	207	195	245	232	204	197	202	158	154	174	164	156	148
+ Property, Plant & Equip, Net	22	21	21	17	15	13	13	10	24	22	23	22	18	14	12
+ Property, Plant & Equip	132	128	128	126	124	123	115	109	122	117	115	112	106	102	98
- Accumulated Depreciation	110	107	107	108	109	110	102	99	98	96	92	90	88	88	85
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	227	206	186	178	229	219	190	186	178	137	132	152	146	142	136
+ Total Intangible Assets	170	163	158	153	148	144	141	138	127	110	99	99	99	99	99
+ Goodwill	131	133	133	133	133	133	133	133	124	99	99	99	99	99	99
+ Other Intangible Assets	39	30	25	20	15	11	8	5	3	11	- -	- -	- -	- -	- -
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	57	43	27	25	81	76	49	48	51	27	32	53	47	42	37
Total Assets	354	323	327	338	386	388	348	328	320	277	248	244	228	217	206
+ Payables & Accruals	26	12	9	11	9	14	8	4	4	7	5	6	6	6	4
+ Accounts Payable	2	2	2	3	2	1	1	2	4	7	5	6	6	6	4
+ Accrued Taxes	5	4	4	4	3	4	3	2	2	- -	- -	- -	- -	- -	- -
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	20	6	4	4	3	9	5	- -	-2	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	5	5	5	5	4	3	3
+ Other ST Liabilities	40	48	37	39	38	42	40	41	48	51	50	49	42	43	45
+ Deferred Revenue	26	30	23	24	27	29	29	26	26	28	26	27	26	28	30
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	14	18	14	15	11	13	11	15	22	23	24	21	16	15	15
Total Current Liabilities	66	61	47	50	47	56	48	45	51	57	55	54	48	49	49
+ LT Debt	28	- -	- -	- -	- -	- -	- -	- -	12	9	12	11	7	6	4
+ LT Borrowings	28	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	12	9	12	11	7	6	4
+ Other LT Liabilities	13	10	10	9	9	10	9	8	7	10	8	8	9	8	6
+ Accrued Liabilities	1	1	1	1	2	1	1	- -	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	12	9	9	7	7	9	8	8	7	10	8	8	9	8	6
Total Noncurrent Liabilities	41	10	10	9	10	10	9	8	19	19	19	19	16	14	11
Total Liabilities	107	71	57	59	57	66	57	53	70	77	74	73	64	62	60
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	132	125	127	127	110	105	100	91	87	92	97	100	103	106	108
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	132	125	127	127	110	105	100	91	87	92	97	100	103	106	108
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Retained Earnings	116	126	143	152	219	217	192	185	165	110	78	73	63	51	40
+ Other Equity	- -	- -	- -	- -	- -	- -	-1	-1	-2	-1	-2	-2	-2	-2	-2
Equity Before Minority Interest	248	- -	- -	- -	330	- -	- -	- -	- -	- -	- -	171	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	248	- -	- -	- -	330	- -	- -	- -	- -	- -	- -	171	- -	- -	- -
Total Liabilities & Equity	354	71	57	59	386	66	57	53	70	77	74	244	64	62	60
Shares Outstanding	22	22	22	22	21	21	20	19	19	19	20	20	20	20	21
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	1	1	- -	- -	- -	17	15	17	16	11	9	7
Net Debt	-25	-61	-89	-108	-111	-126	-103	-83	-47	-49	-45	-36	-32	-29	-25
Net Debt to Equity	-10.26	- -	- -	- -	-33.78	- -	- -	- -	- -	- -	- -	-20.9	- -	- -	- -
Tangible Common Equity Ratio	42.16	-102.57	-94.01	-82.48	76.15	-58.89	-68.07	-73.15	-65.93	-65.53	-66.57	49.5	-77.17	-84.1	-92.74
Current Ratio	1.6	1.58	2.57	2.87	3	2.77	2.99	2.91	2.3	2.07	1.71	1.29	1.33	1.26	1.18
Cash Conversion Cycle	11.1	49.1	43.63	41.73	45.83	53.63	65.29	67.27	54.22	17.17	5.66	0.81	-13.95	-13.73	-0.6

Cash Flow Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	84	27	28	21	80	14	-15	-1	-11	-44	-22	22	16	15	16
+ Depreciation & Amortization	19	18	15	17	14	13	12	11	9	9	10	4	4	3	3
+ Non-Cash Items	-31	24	21	10	-53	8	29	5	10	54	19	-15	12	11	11
+ Stock-Based Compensation	2	1	3	4	2	1	4	5	4	6	7	4	4	5	5
+ Deferred Income Taxes	-28	18	16	4	-56	7	25	-2	-3	- -	-5	1	6	5	5
+ Asset Impairment Charge	- -	3	- -	- -	- -	- -	- -	- -	9	25	16	- -	- -	- -	- -
+ Other Non-Cash Adj	-5	2	2	2	- -	1	- -	2	1	23	1	-20	2	2	1
+ Chg in Non-Cash Work Cap	11	3	-13	-6	1	2	-10	-4	3	7	1	-4	-5	-1	-1
+ (Inc) Dec in Accts Receiv	- -	-3	2	-8	1	-2	-10	-1	1	-2	2	-2	3	1	-2
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	7	- -	-1	- -	1	1	- -	-1	2	1	3	- -	-1	-2	1
+ Inc (Dec) in Accts Payable	-7	2	-7	1	-4	1	-3	-2	1	4	-1	-2	-5	-1	-2
+ Inc (Dec) in Other	12	4	-7	1	3	2	3	-1	- -	3	-3	- -	-2	2	2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	82	73	50	42	42	38	16	10	12	26	8	6	26	29	29
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-8	-10	-10	-8	-6	-6	-9	-6	-5	-15	-4	-4	-3	-3	-4
+ Acq of Fixed Prod Assets	-8	-10	-10	-8	-6	-6	-9	-6	-5	-3	-4	-4	-3	-3	-4
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	-11	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	-8	- -	-4	-15	-6	-10	-14	-7	-1	-2	-1	-1	-2	-3
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	- -	-8	- -	-4	-15	-6	-10	-14	-8	-1	-2	-1	-1	-2	-3
+ Net Change in LT Investment	- -	- -	- -	- -	- -	-2	- -	- -	-25	- -	15	15	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	2	4	4	34	60	60	30	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	-4	-4	-4	-59	-60	-45	-15	- -	- -	- -
+ Net Cash From Acq & Div	-134	-3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	-134	-3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	8	- -	- -	- -	-1	- -	- -	- -	- -	- -	-11	- -	- -	- -	1
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-135	-13	-10	-8	-6	-8	-9	-6	-30	-15	- -	11	-3	-3	-3
+ Dividends Paid	-22	-17	-12	-11	-14	-10	-15	-10	-10	-10	-10	-25	-26	-26	-27
+ Net Cash From Debt	- -	-28	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash From Debt	24	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Repayments of Debt	-24	-28	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	-2	- -	- -	- -	-4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-23	-53	-12	-15	-33	-17	-25	-24	-17	-10	-12	-26	-27	-29	-30
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	-76	7	28	19	3	13	-19	-20	-36	1	-4	-9	-4	-3	-4
EBITDA	74	70	63	46	39	36	23	9	3	13	-1	11	26	24	24
EBITDA Margin (%)	31.45	31.94	29.9	23.13	20.6	19.8	13.35	5.44	1.85	8.87	-0.44	8.28	18.44	17.09	16.83
Free Cash Flow	74	63	40	34	36	31	6	4	7	11	4	3	23	26	25
Net Cash Paid for Acquisitions	134	3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	- -	63	40	34	- -	31	6	- -	- -	- -	- -	- -	23	26	25
Free Cash Flow to Equity	75	35	40	34	37	31	6	4	7	23	4	3	23	26	25
Free Cash Flow per Basic Share	3.37	2.87	1.85	1.57	1.72	1.52	0.31	0.22	0.36	0.6	0.18	0.14	1.14	1.27	1.23
Price/Free Cash Flow	3.45	3.16	5.16	7.8	8.19	9.75	12.79	16.07	14.12	5.18	14.65	16	10.64	10.27	8.49
Cash Flow to Net Income	0.98	2.7	1.83	2	0.52	2.69	-1.01	-6.97	-1.09	-0.59	-0.36	0.3	1.67	1.93	1.82
Capital Expenditures	-8	-10	-10	-8	-6	-6	-9	-6	-5	-15	-4	-4	-3	-3	-4