Namib Minerals Ordinary Shares (NAMM) 10-Year Financial Performance & Capital Metrics

NAMM • • Industrial / General

Basic MaterialsGoldIntermediate Gold ProducersSingle-Asset Producers

AboutNamib Minerals engages in the production, development, and exploration of gold and critical green metals. The company operates an underground mine in Zimbabwe, with additional exploration assets in Zimbabwe and the Democratic Republic of Congo. The company is based in Grand Cayman, Cayman Islands. Namib Minerals operates as a subsidiary of The Southern SelliBen Trust.Show more

Revenue $86M +32.0%
EBITDA $19M -7.1%
Net Income $4M -1.1%
EPS (Diluted) 0.07 -1.2%
Gross Margin 45.17% +30.9%
EBITDA Margin 21.92% -29.6%
Operating Margin 17.1% -36.6%
Net Margin 4.18% -25.1%
ROE -
ROIC -
Debt/Equity -
Interest Coverage 9.65

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓High quality earnings: Operating CF exceeds net income
✓Efficient asset utilization: 1.7x turnover

✗Weaknesses

✗Weak 3Y average ROE of 2.0%
✗Weak momentum: RS Rating 7 (bottom 7%)
✗Dividend payout exceeds 100% of earnings
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y12.48%

TTM-

EPS CAGR

10Y-

5Y-

3Y5.89%

TTM-

ROCE

10Y Avg267.33%

5Y Avg267.33%

3Y Avg356.51%

Latest618.49%

Peer Comparison

Single-Asset Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GAUGaliano Gold Inc.	727.41M	2.80	117.15		-12.81%	-22.37%		0.16
IDRIdaho Strategic Resources, Inc.	721.62M	46.28	69.07	88.66%	27.82%	12.81%	0.7%	0.04
BGLBlue Gold Limited	70.03M	2.25	33.28			-171.57%		1.00
CMCLCaledonia Mining Corporation Plc	519.88M	26.93	28.96	25.09%	20.63%	17.94%	2.78%	0.11
NAMMNamib Minerals Ordinary Shares	50.46M	0.94	14.26	32%	4.18%		18.11%
BGLWWBlue Gold Limited Warrant		0.26	3.84			-135.63%		1.00
DRDDRDGOLD Limited	3.1B	35.86	1.38	26.26%	23.21%	36.89%	40.49%	0.00

Profit & Loss

	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	0	47.66M	65.06M	85.88M
Revenue Growth %	-	-	0.37%	0.32%
Cost of Goods Sold+	0	36.94M	42.61M	47.09M
COGS % of Revenue	-	0.78%	0.65%	0.55%
Gross Profit+	0	10.72M	22.46M	38.79M
Gross Margin %	-	0.22%	0.35%	0.45%
Gross Profit Growth %	-	-	1.09%	0.73%
Operating Expenses+	665K	7.31M	4.9M	24.11M
OpEx % of Revenue	-	0.15%	0.08%	0.28%
Selling, General & Admin	665K	6.25M	8.51M	18.92M
SG&A % of Revenue	-	0.13%	0.13%	0.22%
Research & Development	0	0	0	0
R&D % of Revenue	-	-	-	-
Other Operating Expenses	0	1.06M	-3.61M	5.19M
Operating Income+	-665K	3.41M	17.55M	14.68M
Operating Margin %	-	0.07%	0.27%	0.17%
Operating Income Growth %	-	6.13%	4.14%	-0.16%
EBITDA+	2.52M	5.62M	20.26M	18.82M
EBITDA Margin %	-	0.12%	0.31%	0.22%
EBITDA Growth %	-	1.23%	2.61%	-0.07%
D&A (Non-Cash Add-back)	0	2.2M	2.71M	4.14M
EBIT	2.52M	9.59M	11.3M	16.02M
Net Interest Income+	7K	4.79M	15.53M	-2.34M
Interest Income	7K	4.79M	15.53M	14K
Interest Expense	0	0	0	1.52M
Other Income/Expense	3.19M	4.03M	-8.67M	-188K
Pretax Income+	2.52M	7.45M	8.88M	14.49M
Pretax Margin %	-	0.16%	0.14%	0.17%
Income Tax+	0	4.52M	5.25M	10.91M
Effective Tax Rate %	1%	0.39%	0.41%	0.25%
Net Income+	2.52M	2.93M	3.63M	3.59M
Net Margin %	-	0.06%	0.06%	0.04%
Net Income Growth %	-	0.16%	0.24%	-0.01%
Net Income (Continuing)	2.52M	2.93M	6.4M	3.59M
Discontinued Operations	0	0	0	0
Minority Interest	0	0	0	0
EPS (Diluted)+	0.06	0.05	0.07	0.07
EPS Growth %	-	-0.03%	0.24%	-0.01%
EPS (Basic)	0.06	0.05	0.07	0.07
Diluted Shares Outstanding	45.46M	54.42M	54.42M	54.42M
Basic Shares Outstanding	45.46M	54.42M	54.42M	54.42M
Dividend Payout Ratio	-	2.22%	2.18%	2.51%

Balance Sheet

	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	2.79M	9.24M	4.34M	8.95M
Cash & Short-Term Investments	1.97M	59K	278K	698K
Cash Only	1.97M	59K	278K	698K
Short-Term Investments	0	0	0	0
Accounts Receivable	0	7.13M	1.02M	4.52M
Days Sales Outstanding	-	54.61	5.75	19.2
Inventory	0	1.54M	2.3M	3.19M
Days Inventory Outstanding	-	15.23	19.7	24.71
Other Current Assets	0	0	0	0
Total Non-Current Assets+	340.94M	32.11M	36.64M	42.09M
Property, Plant & Equipment	0	31.93M	35.79M	41.95M
Fixed Asset Turnover	-	1.49x	1.82x	2.05x
Goodwill	0	0	0	0
Intangible Assets	0	0	0	0
Long-Term Investments	340.94M	344.46M	270.95M	0
Other Non-Current Assets	0	-344.29M	-270.1M	135K
Total Assets+	343.73M	41.35M	40.98M	51.04M
Asset Turnover	-	1.15x	1.59x	1.68x
Asset Growth %	-	-0.88%	-0.01%	0.25%
Total Current Liabilities+	419K	33.23M	41.28M	45.98M
Accounts Payable	0	10.9M	9.93M	8.37M
Days Payables Outstanding	-	107.71	85.09	64.88
Short-Term Debt	0	494K	813K	1.53M
Deferred Revenue (Current)	0	0	0	0
Other Current Liabilities	335K	2.2M	4.34M	627K
Current Ratio	6.66x	0.28x	0.11x	0.19x
Quick Ratio	6.66x	0.23x	0.05x	0.13x
Cash Conversion Cycle	-	-37.88	-59.63	-20.97
Total Non-Current Liabilities+	27.54M	26.87M	28.04M	35.98M
Long-Term Debt	0	730K	0	1.37M
Capital Lease Obligations	0	0	0	0
Deferred Tax Liabilities	0	6.36M	7.36M	8.22M
Other Non-Current Liabilities	27.54M	19.77M	20.68M	26.39M
Total Liabilities	27.96M	60.09M	69.33M	81.97M
Total Debt+	0	1.22M	813K	2.9M
Net Debt	-1.97M	1.17M	535K	2.2M
Debt / Equity	-	-	-	-
Debt / EBITDA	-	0.22x	0.04x	0.15x
Net Debt / EBITDA	-0.78x	0.21x	0.03x	0.12x
Interest Coverage	-	-	-	9.65x
Total Equity+	315.77M	-18.74M	-28.35M	-30.93M
Equity Growth %	-	-1.06%	-0.51%	-0.09%
Book Value per Share	6.95	-0.34	-0.52	-0.57
Total Shareholders' Equity	315.77M	-18.74M	-28.35M	-30.93M
Common Stock	340.93M	1K	1K	1K
Retained Earnings	-25.16M	-18.75M	-28.35M	-30.93M
Treasury Stock	0	0	0	0
Accumulated OCI	0	0	0	0
Minority Interest	0	0	0	0

Cash Flow

	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-1.14M	10.16M	14.92M	19.13M
Operating CF Margin %	-	0.21%	0.23%	0.22%
Operating CF Growth %	-	9.91%	0.47%	0.28%
Net Income	2.52M	7.45M	8.88M	14.49M
Depreciation & Amortization	0	2.2M	2.71M	4.14M
Stock-Based Compensation	0	0	0	2.83M
Deferred Taxes	0	0	0	0
Other Non-Cash Items	-3.19M	-2.67M	6.91M	-2.42M
Working Capital Changes	-475K	3.18M	-3.58M	76K
Change in Receivables	0	-2.74M	-7.36M	-6.3M
Change in Inventory	0	-732K	-759K	-1.05M
Change in Payables	0	0	0	0
Cash from Investing+	-340.93M	-7.03M	-5.63M	-10.06M
Capital Expenditures	0	-7.03M	-6.54M	-9.99M
CapEx % of Revenue	-	0.15%	0.1%	0.12%
Acquisitions	-	-	-	-
Investments	-	-	-	-
Other Investing	0	0	917K	-72K
Cash from Financing+	344.04M	-3.81M	-9.07M	-9.65M
Debt Issued (Net)	-	-	-	-
Equity Issued (Net)	-	-	-	-
Dividends Paid	0	-6.51M	-7.92M	-9.02M
Share Repurchases	-	-	-	-
Other Financing	0	70K	86.17M	236.74M
Net Change in Cash	-	-	-	-
Free Cash Flow+	-1.14M	3.12M	8.38M	9.14M
FCF Margin %	-	0.07%	0.13%	0.11%
FCF Growth %	-	3.74%	1.68%	0.09%
FCF per Share	-0.03	0.06	0.15	0.17
FCF Conversion (FCF/Net Income)	-0.45x	3.47x	4.11x	5.33x
Interest Paid	0	0	0	0
Taxes Paid	0	0	0	0

Key Ratios

Metric	2021	2022	2023	2024
Return on Equity (ROE)	0.8%	1.97%	-	-
Return on Invested Capital (ROIC)	-	1.73%	-	-
Gross Margin	-	22.49%	34.52%	45.17%
Net Margin	-	6.14%	5.57%	4.18%
Interest Coverage	-	-	-	9.65x
FCF Conversion	-0.45x	3.47x	4.11x	5.33x
Revenue Growth	-	-	36.51%	32%

Frequently Asked Questions

Valuation & Price

Namib Minerals Ordinary Shares (NAMM) has a price-to-earnings (P/E) ratio of 14.3x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Namib Minerals Ordinary Shares (NAMM) reported $-23.7M in revenue for fiscal year 2024.

Namib Minerals Ordinary Shares (NAMM) grew revenue by 32.0% over the past year. This is strong growth.

Namib Minerals Ordinary Shares (NAMM) reported a net loss of $39.4M for fiscal year 2024.

Dividend & Returns

Yes, Namib Minerals Ordinary Shares (NAMM) pays a dividend with a yield of 17.63%. This makes it attractive for income-focused investors.

Namib Minerals Ordinary Shares (NAMM) had negative free cash flow of $0.6M in fiscal year 2024, likely due to heavy capital investments.

← Back to Screener