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NMAX

Newsmax, Inc.

Price Chart
Latest Quote

$7.35

+0.30 (+4.26%)
Current Price
Previous Close $7.05
Open $6.96
Day High $7.41
Day Low $6.95
Volume 1,266,119
Fetched: 2026-06-24T02:35:48
Stock Information
Shares Outstanding 89.92M
Total Debt $8.32M
Cash Equivalents $129.10M
Revenue $195.61M
Net Income $-84.45M
Sector Communication Services
Industry Broadcasting
Market Cap $949.33M
EPS (TTM) $-0.49
Exchange NYQ
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📊 Comprehensive Analysis
Company Data
Enterprise Value$828.56M
Sales$195.61M
Income$-84.45M
Book/sh$0.83
Cash/sh$1.44
Employees500
Financial Ratios
Quick Ratio1.94
Current Ratio2.32
Debt/Eq7.78
Returns & Margins
ROA-22.98%
ROE-59.39%
Gross Margin38.29%
Operating Margin-8.65%
Profit Margin-43.17%
Ownership
Insider Ownership21.95%
Institutional Ownership61.85%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E105.00
P/S4.85
P/B8.87
Analyst Data
Recommendationnone
Target Price$18.50
Technical Indicators
SMA20$8.34
SMA50$7.35
SMA200$8.32
RSI34.65
ATR0.6577
Shares Float30.94M
Short Float82.66%
Short Ratio4.51
Rel Volume0.79
Performance History
Week-6.01%
Month-0.41%
Quarter+7.93%
6 Months-19.05%
YTD-6.73%
Year-44.49%
10 Years-91.20%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-23 $7.35 1,266,119
2026-06-22 $7.05 1,752,500
2026-06-18 $7.78 1,336,900
2026-06-17 $7.50 1,293,400
2026-06-16 $7.50 1,340,300
2026-06-15 $7.82 1,596,800
2026-06-12 $8.19 1,199,200
2026-06-11 $8.76 1,329,900
2026-06-10 $8.97 1,268,600
2026-06-09 $9.23 1,205,300
2026-06-08 $8.89 1,124,000
2026-06-05 $9.11 1,335,500
2026-06-04 $9.57 2,690,400
2026-06-03 $8.56 1,688,500
2026-06-02 $9.06 1,593,000
2026-06-01 $8.70 1,405,400
2026-05-29 $8.51 2,624,100
2026-05-28 $8.74 2,105,200
2026-05-27 $7.79 2,059,200
2026-05-26 $7.75 1,825,200
About Newsmax, Inc.

Newsmax Inc., through its subsidiaries, operates as a television broadcaster and multi-platform content publisher in the United States. It operates through two segments, Broadcasting and Digital. The Broadcasting segment produces and licenses news, business news, and lifestyle content for distribution through cable television systems, direct broadcast satellite operators, and telecommunication companies. This segment also provides programming services through Newsmax and Newsmax2, which offer 24/7 television news and informational programming channels through cable and digital streaming platforms; and World at War that offers 24/7 historical documentaries and movies. The Digital segment offers online advertising services, such as online display, email advertising, other online placements, and print advertisements; subscriptions, including a collection of specialized health and financial newsletters, Newsmax Magazine, and online membership programs; and sells nutraceutical and nonfiction books on political, financial, and health-related topics. Newsmax Inc. was founded in 1998 and is headquartered in Boca Raton, Florida.

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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31
Revenue
Reconciled Cost Of Revenue $111,295,194 $89,964,521 $78,946,536
Cost Of Revenue $114,832,548 $93,021,281 $79,455,996
Total Revenue $189,254,921 $171,016,455 $135,276,027
Operating Revenue $189,254,921 $171,016,455 $135,276,027
Expenses
Interest Expense $23,167 $91,540 $39,461
Total Expenses $289,109,490 $240,824,695 $156,442,938
Rent Expense Supplemental $6,003,909 $5,978,377 $5,935,762
Other Income Expense $-6,656,114 $-2,852,650 $-20,696,004
Other Non Operating Income Expenses $-8,250,335 $-2,562,569 $3,186,037
Net Non Operating Interest Income Expense $7,015,564 $488,962 $104,299
Interest Expense Non Operating $23,167 $91,540 $39,461
Operating Expense $174,276,942 $147,803,414 $76,986,942
Selling And Marketing Expense $21,673,886 $16,872,315 $16,981,894
General And Administrative Expense $149,813,181 $127,815,464 $56,840,794
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-99,495,119 $-72,171,928 $-41,777,166
Net Interest Income $7,015,564 $488,962 $104,299
Interest Income $7,038,731 $580,502 $143,760
Normalized Income $-101,089,340 $-71,881,847 $-22,910,354
Net Income From Continuing And Discontinued Operation $-99,495,119 $-72,171,928 $-41,777,166
Total Operating Income As Reported $-99,854,569 $-69,808,240 $-45,095,270
Net Income Common Stockholders $-104,162,922 $-80,177,687 $-47,567,973
Net Income $-99,495,119 $-72,171,928 $-41,777,166
Net Income Including Noncontrolling Interests $-99,495,119 $-72,171,928 $-41,777,166
Net Income Continuous Operations $-99,495,119 $-72,171,928 $-41,777,166
Pretax Income $-99,495,119 $-72,171,928 $-41,758,616
Interest Income Non Operating $7,038,731 $580,502 $143,760
Operating Income $-99,854,569 $-69,808,240 $-21,166,911
Depreciation Amortization Depletion Income Statement $2,789,875 $3,115,635 $3,164,254
Depreciation And Amortization In Income Statement $2,789,875 $3,115,635 $3,164,254
Depreciation Income Statement $2,789,875 $3,115,635 $3,164,254
Gross Profit $74,422,373 $77,995,174 $55,820,031
Special Income Charges - $0 $-23,928,359
Per Share
Diluted EPS $-0.96 $-0.62 $-1.06
Basic EPS $-0.96 $-0.62 $-1.06
Other
Tax Effect Of Unusual Items $0 $0 $-5,015,229
Tax Rate For Calcs $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-94,738,944 $-65,617,912 $-14,163,399
Total Unusual Items $1,594,221 $-290,081 $-23,882,041
Total Unusual Items Excluding Goodwill $1,594,221 $-290,081 $-23,882,041
Reconciled Depreciation $6,327,229 $6,172,395 $3,673,715
EBITDA (Bullshit earnings) $-93,144,723 $-65,907,993 $-38,045,440
EBIT $-99,471,952 $-72,080,388 $-41,719,155
Diluted Average Shares $108,205,893 $128,414,048 $44,895,546
Basic Average Shares $108,205,893 $128,414,048 $44,895,546
Diluted NI Availto Com Stockholders $-104,162,922 $-80,177,687 $-47,567,973
Preferred Stock Dividends $4,667,803 $8,005,759 $5,790,807
Tax Provision $0 $0 $18,550
Gain On Sale Of Security $1,594,221 $-290,081 $46,318
Selling General And Administration $171,487,067 $144,687,779 $73,822,688
Other Gand A $110,871,916 $96,272,110 $24,444,568
Rent And Landing Fees $6,003,909 $5,978,377 $5,935,762
Salaries And Wages $32,937,356 $25,564,977 $26,460,464
Write Off - $0 $23,928,359
Fetched: 2026-06-22
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31
Assets
Net Tangible Assets $106,048,552 $-9,066,828 $-23,584,096
Total Assets $239,843,078 $146,072,863 $71,609,831
Total Non Current Assets $44,382,271 $24,725,309 $36,193,414
Other Non Current Assets $28,711,807 $10,698,660 $16,812,180
Non Current Prepaid Assets $581,863 $609,426 $785,878
Current Assets $195,460,807 $121,347,554 $35,416,417
Other Current Assets $8,690,490 $8,925,294 $1,628,508
Restricted Cash $20,000,000 $0 -
Inventory $2,027,168 $1,792,697 $3,834,706
Receivables $33,414,435 $28,265,721 $21,971,756
Accounts Receivable $33,414,435 $28,265,721 $21,971,756
Allowance For Doubtful Accounts Receivable $-1,700,000 $-2,300,000 $-3,607,933
Gross Accounts Receivable $35,114,435 $30,565,721 $25,579,689
Cash Cash Equivalents And Short Term Investments $131,328,714 $82,363,842 $7,258,796
Cash And Cash Equivalents $20,433,021 $24,052,887 $6,037,211
Prepaid Assets - $179,624 $722,651
Debt
Total Debt $9,355,066 $8,272,525 $12,405,459
Long Term Debt And Capital Lease Obligation $5,292,095 $4,179,186 $8,065,806
Current Debt And Capital Lease Obligation $4,062,971 $4,093,339 $4,339,653
Current Debt - - $500,000
Liabilities
Total Liabilities Net Minority Interest $133,794,526 $155,139,691 $95,193,927
Total Non Current Liabilities Net Minority Interest $52,518,362 $32,492,345 $43,345,976
Other Non Current Liabilities $44,077,322 $25,477,941 $32,158,126
Non Current Deferred Liabilities $3,148,945 $2,835,218 $3,122,044
Current Liabilities $81,276,164 $122,647,346 $51,847,951
Other Current Liabilities $32,948,348 $77,058,504 $7,279,412
Current Deferred Liabilities $12,599,119 $13,652,699 $14,850,053
Payables And Accrued Expenses $31,665,726 $27,842,804 $25,378,833
Payables $16,770,777 $14,670,846 $19,606,959
Accounts Payable $16,770,777 $14,670,846 $19,606,959
Equity
Common Stock Equity $106,048,552 $-224,385,774 $-149,602,197
Total Equity Gross Minority Interest $106,048,552 $-9,066,828 $-23,584,096
Stockholders Equity $106,048,552 $-9,066,828 $-23,584,096
Gains Losses Not Affecting Retained Earnings $464,365 $-52,849 $0
Other Equity Adjustments $464,365 $-52,849 -
Retained Earnings $-327,870,772 $-227,767,415 $-153,036,687
Preferred Stock Equity - $215,318,946 $126,018,101
Other
Ordinary Shares Number $129,129,119 $128,414,048 $128,414,048
Share Issued $129,129,119 $128,414,048 $128,414,048
Tangible Book Value $106,048,552 $-224,385,774 $-149,602,197
Invested Capital $106,048,552 $-224,385,774 $-149,102,197
Working Capital $114,184,643 $-1,299,792 $-16,431,534
Capital Lease Obligations $9,355,066 $8,272,525 $11,905,459
Total Capitalization $106,048,552 $-9,066,828 $-23,584,096
Treasury Stock $0 $14,622,222 $14,622,222
Additional Paid In Capital $433,325,830 $18,056,702 $18,056,702
Capital Stock $129,129 $215,318,956 $126,018,111
Common Stock $129,129 $10 $10
Preferred Stock $0 $215,318,946 $126,018,101
Non Current Deferred Revenue $3,148,945 $2,835,218 $3,122,044
Long Term Capital Lease Obligation $5,292,095 $4,179,186 $8,065,806
Current Deferred Revenue $12,599,119 $13,652,699 $14,850,053
Current Capital Lease Obligation $4,062,971 $4,093,339 $3,839,653
Current Accrued Expenses $14,894,949 $13,171,958 $5,771,874
Net PPE $15,088,601 $13,417,223 $18,595,356
Accumulated Depreciation $-20,950,633 $-18,120,692 $-15,111,283
Gross PPE $36,039,234 $31,537,915 $33,706,639
Leases $10,293,405 $10,178,386 $10,178,386
Other Properties $8,823,716 $7,191,606 $10,580,316
Machinery Furniture Equipment $16,922,113 $14,167,923 $12,947,937
Properties $0 $0 $0
Other Short Term Investments $110,895,693 $58,310,955 $1,221,585
Line Of Credit - $0 $500,000
Fetched: 2026-06-22
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31
Free Cash Flow
Free Cash Flow $-107,105,393 $-49,683,723 $-4,748,498
Operating Activities
Operating Cash Flow $-104,454,878 $-48,687,432 $-3,831,504
Cash Flow From Continuing Operating Activities $-104,454,879 $-48,687,433 $-3,831,504
Operating Gains Losses $7,928,409 $8,880,214 -
Investing Activities
Capital Expenditure $-2,650,515 $-996,291 $-916,994
Investing Cash Flow $-53,123,819 $-58,428,592 $5,395,227
Cash Flow From Continuing Investing Activities $-53,123,818 $-58,428,591 $5,395,227
Net Other Investing Changes $-1 $-1 -
Financing Activities
Issuance Of Capital Stock $148,300,579 $125,821,070 $0
Financing Cash Flow $153,958,832 $125,131,700 $427,443
Cash Flow From Continuing Financing Activities $153,958,831 $125,131,700 $427,443
Net Other Financing Charges $-1,110,403 - -
Cash Dividends Paid $-915,069 $0 -
Common Stock Dividend Paid $-915,069 $0 -
Net Preferred Stock Issuance $80,742,222 $125,821,070 $0
Preferred Stock Issuance $80,742,222 $125,821,070 $0
Net Common Stock Issuance $67,558,357 $0 -
Common Stock Issuance $67,558,357 $0 -
Other
Repayment Of Debt $-199,237 $-689,370 $-72,557
Interest Paid Supplemental Data $1,829 $42,300 $24,964
Income Tax Paid Supplemental Data $28,160 $16,374 -
End Cash Position $20,433,022 $24,052,887 $6,037,211
Beginning Cash Position $24,052,887 $6,037,211 $4,046,045
Changes In Cash $-3,619,865 $18,015,676 $1,991,166
Proceeds From Stock Option Exercised $7,882,962 $0 -
Net Issuance Payments Of Debt $-199,237 $-689,370 $427,443
Net Short Term Debt Issuance $0 $-500,000 $500,000
Short Term Debt Payments $0 $-500,000 $0
Net Long Term Debt Issuance $-199,237 $-189,370 $-72,557
Long Term Debt Payments $-199,237 $-189,370 $-72,557
Net Investment Purchase And Sale $-50,473,303 $-57,432,300 $6,312,221
Sale Of Investment $98,474,530 $0 $6,312,221
Purchase Of Investment $-148,947,833 $-57,432,300 $0
Net PPE Purchase And Sale $-2,650,515 $-996,291 $-916,994
Purchase Of PPE $-2,650,515 $-996,291 $-916,994
Change In Working Capital $-33,506,201 $4,428,986 $4,545,592
Change In Other Working Capital $-40,739,853 $-1,484,180 $3,827,588
Change In Other Current Liabilities $12,021,638 $11,452,758 $35,994,670
Change In Other Current Assets $-1,550,501 $0 $-41,250,000
Change In Payables And Accrued Expense $3,644,295 $2,312,556 $5,654,253
Change In Accrued Expense $1,722,991 $7,400,084 $1,159,179
Change In Payable $1,921,304 $-5,087,528 $4,495,074
Change In Account Payable $1,921,304 $-5,087,528 $4,495,074
Change In Prepaid Assets $-1,676,296 $-3,340,923 $6,109,493
Change In Inventory $-234,471 $2,042,009 $-873
Change In Receivables $-4,971,013 $-6,553,234 $-5,789,539
Changes In Account Receivables $-4,971,013 $-6,553,234 $-5,789,539
Other Non Cash Items $4,115,174 $3,453,551 $3,289,699
Stock Based Compensation $11,955,882 $0 -
Unrealized Gain Loss On Investment Securities $-1,594,221 $290,081 $-46,318
Provisionand Write Offof Assets $-186,031 $259,269 -
Depreciation Amortization Depletion $6,327,229 $6,172,395 $3,673,715
Depreciation And Amortization $6,327,229 $6,172,395 $3,673,715
Gain Loss On Investment Securities $7,928,409 $8,880,214 -
Net Income From Continuing Operations $-99,495,119 $-72,171,928 $-41,777,166
Issuance Of Debt - $0 $500,000
Short Term Debt Issuance - $0 $500,000
Asset Impairment Charge - $259,269 $26,482,974
Amortization Cash Flow - $3,056,760 $509,460
Amortization Of Intangibles - $3,056,760 $509,460
Depreciation - $3,115,635 $3,164,254
Fetched: 2026-06-22