OverviewSuggest Edit
Spok Holdings (operating through its subsidiary Spok) is a company providing healthcare communications. It offers Spok Care Connect platform that enhances workflows for clinicians and supports administrative compliance. The platform provides one-way messaging, including numeric messaging services, which enable subscribers to receive messages comprising numbers, such as phone numbers; and alphanumeric messages, including numbers and letters that enable subscribers to receive text messages. It also offers two-way messaging services that enable subscribers to send and receive messages to and from other wireless messaging devices, such as pagers, personal digital assistants, and personal computers; and voice mail.
| Type | Public | |
| Founded | 1984 | |
| HQ | Springfield, VA, US | Map |
| Website | spok.com | |
| Employee Ratings | More |
Key People/Management at Spok Holdings
Vincent D. Kelly
President and CEO, Director
Blair Butterfield
Director
Michael Wallace
Chief Operating Officer and Chief Financial Officer
Bobbie Byrne
Director
John LaLonde
Chief Technology Officer
Tim Tindle
Chief Information Officer
Spok Holdings Office Locations
Spok Holdings has offices in Springfield, Bedford, Hopkins, Plano and in 2 other locations
Springfield, VA, US (HQ)
6850 Versar Center #420
Bedford, NH, US
35 Constitution Dr
Hopkins, MN, US
10400 Yellow Cir Dr
Plano, TX, US
3000 Technology Dr #400
Osborne Park, AU
130 Main St
Dubai, AE
Executive Office Nb. 03, Floor 02 Nucleotide Complex Dubai Biotechnology and Research Park
Spok Holdings Financials and Metrics
Spok Holdings Revenue
Spok Holdings's revenue was reported to be $148.18 m in FY, 2020
| USD | |
|---|---|
Revenue (Q1, 2021) | 36.0m |
Gross profit (Q1, 2021) | 28.8m |
Gross profit margin (Q1, 2021), % | 79.9% |
Net income (Q1, 2021) | (2.3m) |
EBIT (Q1, 2021) | (1.7m) |
Market capitalization (15-Oct-2021) | 192.3m |
Closing stock price (15-Oct-2021) | 9.9 |
Cash (31-Mar-2021) | 41.6m |
EV | 169.3m |
Spok Holdings's current market capitalization is $192.3 m.
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 41.4m | 42.3m | 43.6m | 43.1m | 40.6m | 42.5m | 41.8m | 39.5m | 39.5m | 37.3m | 35.7m | 20.8m | 36.0m |
Cost of goods sold | 7.0m | 7.2m | 7.1m | 7.7m | 7.4m | 7.8m | 7.6m | 7.2m | 7.2m | 8.3m | 5.9m | 7.2m | |
Gross profit | 34.4m | 35.1m | 36.6m | 35.4m | 33.2m | 34.7m | 34.2m | 32.3m | 32.3m | 29.0m | 29.8m | 28.8m | |
Gross profit Margin, % | 83% | 83% | 84% | 82% | 82% | 82% | 82% | 82% | 82% | 78% | 83% | 80% |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 118.9m | 107.2m | 110.1m | 101.3m | 94.1m | 95.2m | 62.9m | 47.8m | 49.3m | 42.3m | 40.9m | 49.2m | 41.6m |
Accounts Receivable | 24.1m | 24.5m | 27.1m | 37.1m | 35.6m | 34.4m | 36.7m | 38.6m | 31.1m | 27.2m | 29.6m | 29.7m | 28.7m |
Prepaid Expenses | 8.7m | 9.3m | 10.0m | 8.4m | 7.9m | 8.1m | 8.3m | ||||||
Inventories | 1.8m | 1.6m | 1.9m | 1.6m | 1.5m | 1.7m | 1.4m | 1.2m | 995.0k |
Annual
Quarterly
| USD | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 854.0k | 2.4m | 6.1m | 511.0k | (465.0k) | (946.0k) | 742.0k | 72.0k | (1.3m) | (4.5m) | (780.0k) | 2.4m | (2.3m) |
Depreciation and Amortization | 3.2m | 6.1m | 8.8m | 2.7m | 5.4m | 8.2m | 2.4m | 4.7m | 7.0m | 2.1m | 4.2m | 6.6m | 2.7m |
Accounts Payable | (2.5m) | (3.2m) | (319.0k) | (2.4m) | (3.4m) | (546.0k) | 15.2m | (3.2m) | (1.4m) | (1.1m) | (440.0k) | 1.6m | (3.0m) |
Cash From Operating Activities | 3.7m | 6.7m | 14.0m | 1.1m | 6.4m | 12.6m | 1.2m | 769.0k | 10.7m | 1.3m | 6.5m | 21.0m | 719.0k |
| USD | Q1, 2017 |
|---|---|
Financial Leverage | 1.2 x |
Spok Holdings Operating Metrics
Spok Holdings's Backlog was reported to be $49.1m in Q1, 2020.
| Q1, 2017 | Q2, 2017 | Q3, 2017 | Q4, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q4, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q4, 2019 | FY, 2019 | Q1, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Units in Service | 1.09 m | 1.09 m | 1.06 m | 1.05 m | 1.05 m | 1.03 m | 1.02 m | 999 k | 992 k | 992 k | 982 k | 977 k | 955 k | 938 k | 938 k | 926 k |
Average Revenue per Unit | $7.56 | $7.52 | $7.48 | $7.46 | $7.51 | $7.47 | $7.41 | $7.4 | $7.36 | $7.39 | $7.32 | $7.26 | $7.32 | $7.33 | $7.34 | $7.31 |
Bookings | $19.79 m | $20.41 m | $18.33 m | $19.19 m | $77.71 m | $18.12 m | $18.49 m | $21.58 m | $23.08 m | $81.27 m | $14.65 m | $21.33 m | $20.42 m | $21.93 m | $78.34 m | $15.64 m |
Backlog | $40.56 m | $43.46 m | $46.9 m | $42.31 m | $42.31 m | $35.93 m | $36.3 m | $36.37 m | $40.42 m | $40.42 m | $37.39 m | $39.72 m | $42.6 m | $50.55 m | $50.55 m | $49.05 m |
Spok Holdings Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Amcom Software | March 03, 2011 | $163.3 m |
| A+ Network | July 09, 1997 | |
| ARCH Wireless, Inc. | ||
| Madison Telecommunications Holdings, Inc. | ||
| Paging Network Canadian Holdings, Inc. | ||
| Paging Network of Canada, Inc. | ||
| Spok Aus Pty Ltd | ||
| Spok Canada | ||
| Spok Inc. | ||
| Spok Middle East, Inc. |
Spok Holdings Revenue Breakdown
Spok Holdings revenue breakdown by business segment: 45.0% from Software and 55.0% from Wireless
Spok Holdings revenue breakdown by geographic segment: 96.6% from United States and 3.4% from Other
Spok Holdings Online and Social Media Presence
11.22k Twitter followers
Spok Holdings has 11.22k Twitter Followers. The number of followers has decreased 0.2% month over month and decreased 0.3% quarter over quarter
Spok Holdings's Trends
Twitter Engagement Stats for @spoktweets
12.1k
Tweets
2.2k
Following
11.2k
Followers
51
Tweets last 30 days
0.4
Avg. likes per Tweet
29.4%
Tweets with engagement
Spok Holdings Blogs
October 14, 2021
Connect 21 Virtual: See what you missed (and how you can still get access!)
This week we wrapped up Connect 21, our annual customer conference. What sessions drew the biggest audience? What did attendees have to say? Today, we’ll recap Connect 21 Virtual by the numbers and share how to view on-demand sessions through Oct. 31.
The post Connect 21 Virtual: See what you misse…
September 30, 2021
[2021 report] The state of healthcare communications
What did 200+ healthcare professionals say about healthcare communications in 2021? Learn about current communication challenges, the impact of COVID-19 on communication methods, burnout among healthcare workers, and the future of healthcare communications.
The post [2021 report] The state of health…
September 23, 2021
HL7: What it is and why it’s important to understand
HL7 standards are important to healthcare interoperability goals and EHR optimization. Read this post to learn more about HL7 standards, including APIs and FHIR.
The post HL7: What it is and why it’s important to understand appeared first on Spok Inc..
September 15, 2021
The 3 C’s of secure messaging in nursing
All nurses know that without the ability to collaborate effectively, our jobs become significantly more challenging. Wasting time digging around for phone numbers or struggling to find an on-call physician is simply not necessary with the technology available to support secure messaging in nursing. …
September 08, 2021
5 details to include in every communication plan to support new technology deployment
Most projects don't deliver the expected value, in part because the internal communication plan fell short. Hit the mark for success with these five steps.
The post 5 details to include in every communication plan to support new technology deployment appeared first on Spok Inc..
September 02, 2021
The ROI of the Spok Go® clinical communication and collaboration platform
How can hospitals and health systems maintain technological advancements while managing costs and business efficiencies? Learn the ROI of the Spok Go® clinical communication and collaboration platform.
The post The ROI of the Spok Go® clinical communication and collaboration platform appeared first …
Spok Holdings Frequently Asked Questions
When was Spok Holdings founded?
Spok Holdings was founded in 1984.
Who are Spok Holdings key executives?
Spok Holdings's key executives are Vincent D. Kelly, Blair Butterfield and Michael Wallace.
How many employees does Spok Holdings have?
Spok Holdings has 602 employees.
What is Spok Holdings revenue?
Latest Spok Holdings annual revenue is $148.2 m.
What is Spok Holdings revenue per employee?
Latest Spok Holdings revenue per employee is $246.1 k.
Who are Spok Holdings competitors?
Competitors of Spok Holdings include PerfectServe, HealthStream and Boingo Wireless.
Where is Spok Holdings headquarters?
Spok Holdings headquarters is located at 6850 Versar Center #420, Springfield.
Where are Spok Holdings offices?
Spok Holdings has offices in Springfield, Bedford, Hopkins, Plano and in 2 other locations.
How many offices does Spok Holdings have?
Spok Holdings has 6 offices.
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