Newsmax Inc. NMAX

Communication services SIC 4833 - Television Broadcasting Stations NAICS Information › Broadcasting and Content Providers › Radio and Television Broadcasting Stations › Television Broadcasting Stations derived NYSE

Newsmax Inc. (the "Company") is a holding company that owns 100% of the equity interests of its operating company Newsmax Media, Inc. ("Newsmax Media"). Newsmax Media and its other subsidiaries operate the businesses described herein.

Newsmax Media has six wholly-owned Florida limited liability company subsidiaries (the "Subsidiaries"): Newsmax Broadcasting, LLC ("Newsmax Broadcasting"), Newsmax Radio LLC ("Newsmax Radio"), Crown Atlantic Insurance, LLC ("Crown Atlantic"), Humanix Publishing, LLC ("Humanix Publishing"), Medix Select, LLC ("Medix Select"), and ROI Media Strategies, LLC ("ROI Media Strategies").

Newsmax Media was incorporated as Sequoia Digital Corporation in the State of Nevada in 1998. In 1999, Newsmax Media changed its name from Sequoia Digital Corporation to Newsmax.com, Inc. In 2001, Newsmax Media changed its name from Newsmax.com, Inc. to Newsmax Media, Inc. In 2006, Newsmax Media became a wholly-owned subsidiary of NMX Holdings, LLC. In 2014, Newsmax Media changed its state of domicile from Nevada to Delaware and consummated a corporate reorganization in which the members of NMX Holdings, LLC exchanged their membership interests in NMX Holdings, LLC for capital stock of Newsmax Media.

Last close 7.93 2026-10-23
Market cap $1.02B estimated share count
52-week range 5.11 - 12.11

Valuation FY2025 figures against the last close

P/S5.4x
P/E—
P/FCF—
EV/EBITDA—
Dividend yield0.1%
Diluted EPS-0.96

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023
Revenue $189.3M$171.0M—
Gross profit $74.4M$78.0M—
Total operating expenses $174.3M$147.8M—
Operating income -$99.9M-$69.8M—
Interest expense $23.2K$91.5K—
Pre-tax income -$99.5M-$72.2M—
Income tax $0$0—
Net income -$99.5M-$72.2M—
EPS, basic -0.96-1.95—
EPS, diluted -0.96-1.95—
Shares, diluted (wtd. avg.) 108.2M41.1M—

Balance sheet

Fiscal year FY2025FY2024FY2023
Cash and equivalents $20.4M$24.1M$6.0M
Receivables $33.4M$28.3M—
Inventory $2.0M$1.8M—
Total current assets $195.5M$121.3M—
Total assets $239.8M$146.1M—
Accounts payable $16.8M$14.7M—
Total current liabilities $81.3M$122.6M—
Total liabilities $133.8M$155.1M—
Retained earnings -$327.9M-$227.8M—
Total equity $106.0M-$137.6M-$149.6M

Cash flow

Fiscal year FY2025FY2024FY2023
Operating cash flow -$104.5M-$48.7M—
Depreciation and amortisation $6.3M$6.2M—
Stock-based compensation $12.0M$0—
Capital expenditure $2.7M$996.3K—
Investing cash flow -$53.1M-$58.4M—
Financing cash flow $154.0M$125.1M—
Dividends paid $915.1K$0—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0002026478-26-000026.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -100M 0 100M 200M Revenue, FY2024: 171M Gross profit, FY2024: 78M Net income, FY2024: -72.2M Revenue, FY2025: 189.3M Gross profit, FY2025: 74.4M Net income, FY2025: -99.5M FY2023 FY2024 FY2025
Fiscal year FY2023FY2024FY2025
Revenue — $171.0M $189.3M
Gross profit — $78.0M $74.4M
Net income — -$72.2M -$99.5M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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