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.
TypePublic
Founded1984
HQSpringfield, VA, US
Websitespok.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Dec 2020)602(-5%)
Job Openings45
Revenue (FY, 2020)$148.2 M(-7%)
Share Price (Oct 2021)$9.9
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Key People/Management at Spok Holdings

Vincent D. Kelly

Vincent D. Kelly

President and CEO, Director
Blair Butterfield

Blair Butterfield

Director
Michael Wallace

Michael Wallace

Chief Operating Officer and Chief Financial Officer
Bobbie Byrne

Bobbie Byrne

Director
John LaLonde

John LaLonde

Chief Technology Officer
Tim Tindle

Tim Tindle

Chief Information Officer
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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
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Spok Holdings Financials and Metrics

Spok Holdings Revenue

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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
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

171.2m169.5m160.3m148.2m

Revenue growth, %

(5%)(1%)(5%)

Cost of goods sold

28.4m32.4m30.1m28.5m

Gross profit

142.8m137.1m130.2m119.6m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

41.4m42.3m43.6m43.1m40.6m42.5m41.8m39.5m39.5m37.3m35.7m20.8m36.0m

Cost of goods sold

7.0m7.2m7.1m7.7m7.4m7.8m7.6m7.2m7.2m8.3m5.9m7.2m

Gross profit

34.4m35.1m36.6m35.4m33.2m34.7m34.2m32.3m32.3m29.0m29.8m28.8m

Gross profit Margin, %

83%83%84%82%82%82%82%82%82%78%83%80%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

107.2m83.3m47.4m48.7m

Accounts Receivable

32.3m32.4m30.2m29.9m

Prepaid Expenses

5.8m7.5m9.0m

Inventories

1.7m1.7m1.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

118.9m107.2m110.1m101.3m94.1m95.2m62.9m47.8m49.3m42.3m40.9m49.2m41.6m

Accounts Receivable

24.1m24.5m27.1m37.1m35.6m34.4m36.7m38.6m31.1m27.2m29.6m29.7m28.7m

Prepaid Expenses

8.7m9.3m10.0m8.4m7.9m8.1m8.3m

Inventories

1.8m1.6m1.9m1.6m1.5m1.7m1.4m1.2m995.0k
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(15.3m)(1.5m)(10.8m)(44.2m)

Depreciation and Amortization

11.6m10.8m9.2m9.1m

Accounts Payable

(3.3m)(1.6m)(643.0k)4.0m

Cash From Operating Activities

15.6m10.3m11.7m26.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

854.0k2.4m6.1m511.0k(465.0k)(946.0k)742.0k72.0k(1.3m)(4.5m)(780.0k)2.4m(2.3m)

Depreciation and Amortization

3.2m6.1m8.8m2.7m5.4m8.2m2.4m4.7m7.0m2.1m4.2m6.6m2.7m

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

3.7m6.7m14.0m1.1m6.4m12.6m1.2m769.0k10.7m1.3m6.5m21.0m719.0k
USDQ1, 2017

Financial Leverage

1.2 x
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Spok Holdings Acquisitions / Subsidiaries

Company NameDateDeal Size
Amcom SoftwareMarch 03, 2011$163.3 m
A+ NetworkJuly 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.
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Spok Holdings Revenue Breakdown

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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

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Spok Holdings Blogs

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…

[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…

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..

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. …

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..

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 …
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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.