NMAX
Newsmax, Inc.
Price Chart
Latest Quote
$7.35
| Previous Close | $7.05 |
| Open | $6.96 |
| Day High | $7.41 |
| Day Low | $6.95 |
| Volume | 1,266,119 |
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 |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $828.56M |
| Sales | $195.61M |
| Income | $-84.45M |
| Book/sh | $0.83 |
| Cash/sh | $1.44 |
| Employees | 500 |
Financial Ratios
| Quick Ratio | 1.94 |
| Current Ratio | 2.32 |
| Debt/Eq | 7.78 |
Returns & Margins
| ROA | -22.98% |
| ROE | -59.39% |
| Gross Margin | 38.29% |
| Operating Margin | -8.65% |
| Profit Margin | -43.17% |
Ownership
| Insider Ownership | 21.95% |
| Institutional Ownership | 61.85% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 105.00 |
| P/S | 4.85 |
| P/B | 8.87 |
Analyst Data
| Recommendation | none |
| Target Price | $18.50 |
Technical Indicators
| SMA20 | $8.34 |
| SMA50 | $7.35 |
| SMA200 | $8.32 |
| RSI | 34.65 |
| ATR | 0.6577 |
| Shares Float | 30.94M |
| Short Float | 82.66% |
| Short Ratio | 4.51 |
| Rel Volume | 0.79 |
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% |
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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.
đ° Latest News
Inside Trumpâs Takeover of the American Regulatory Machine
The Wall Street Journal âĸ 2026-06-03T01:00:00ZNewsmax Forecasts $25 Million in International Revenue as Global Expansion Accelerates (NMAX)
InvestorsHub âĸ 2026-06-02T13:37:54ZIs It Time To Reassess Newsmax (NMAX) After Its Recent Share Price Rebound?
Simply Wall St. âĸ 2026-06-02T12:07:27ZNewsmax (NMAX) Q4 2025 Earnings Transcript
Motley Fool âĸ 2026-05-27T21:09:01ZNewsmax Q1 Earnings Call Highlights
MarketBeat âĸ 2026-05-15T07:07:53ZNewsmax Inc (NMAX) Q1 2026 Earnings Call Highlights: Revenue Growth Amidst Digital Challenges
GuruFocus.com âĸ 2026-05-15T05:01:48ZTownsquare Media (TSQ) Reports Q1 Loss, Lags Revenue Estimates
Zacks âĸ 2026-05-11T11:10:02ZNewsmax (NMAX) Moves 26.9% Higher: Will This Strength Last?
Zacks âĸ 2026-04-23T09:39:00Z3 Stocks That May Be Undervalued By Up To 46.2%
Simply Wall St. âĸ 2026-04-22T17:38:01ZJim Cramer Bearish on Newsmax (NMAX) Because âTheyâre Losing Moneyâ
Insider Monkey âĸ 2026-04-12T22:02:12ZIncome 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 |
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 |
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 |