One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Newsmax, Inc.
NMAX · NYQ · Communication Services · Broadcasting
Current price
$8.74
52-week range
$5.11 - $12.11
Market cap
$1.13B
Balance sheet
Healthy
-4,310.21x Concerning
Net cash $116.72M. Interest coverage shows how many times profit covers the interest bill.
What stands out
1 Reward
1 Risk
1 rewards · 1 risks
- Reward Revenue grew 7.4% last year.
- Risk Return on equity was -5.8% last year — the company lost money on shareholders' equity.
What this company does
Newsmax, Inc.
Newsmax Inc. is a media company that creates and distributes news and other content through television channels like Newsmax and Newsmax2, as well as online through their website and publications. The company makes most of its money from advertising on its TV and digital platforms, plus sales from subscriptions to newsletters and books. This is important because it shows how Newsmax connects with its audience and turns that connection into revenue.
How the company got here
Newsmax, Inc. started in 1998 as a media company with a focus on conservative political commentary. It began as a print magazine and later expanded into online content. The company's growth accelerated with the rise of cable news and digital platforms, allowing it to reach a wider audience. A key turning point was its expansion into 24/7 television broadcasting, establishing itself as a distinct voice in the news landscape.
What it actually does
Newsmax operates as a media company that produces and distributes news and lifestyle content across various platforms. Think of it like a publisher and a TV station rolled into one. They create content, such as news programs and articles, and then deliver it to people through television channels, websites, and email newsletters. Their goal is to inform and engage an audience interested in specific types of content, particularly news and commentary.
Broadcasting
The Broadcasting segment is where Newsmax produces and distributes its television content. This includes their 24/7 news channels, Newsmax and Newsmax2, which are available on cable and digital streaming services. They also offer specialized programming like 'World at War,' which features historical documentaries. This segment makes money by licensing its content to cable providers and satellite operators, essentially selling access to their channels to be included in TV packages.
Digital
The Digital segment is Newsmax's online arm, where it generates revenue through various internet-based offerings. This includes selling advertising space on its websites and in its email newsletters, similar to how many websites make money. They also offer subscriptions to specialized content like health and financial newsletters, a digital magazine called Newsmax Magazine, and online membership programs. Additionally, this segment sells physical products such as nutraceuticals (dietary supplements) and books on topics like politics and health.
What management is betting on now
Newsmax's management is focused on expanding its reach and diversifying its revenue streams. They are likely investing in growing their broadcasting presence, aiming to capture more viewers on television and streaming platforms. Simultaneously, they are probably working to enhance their digital offerings, seeking to increase online advertising sales and grow their subscription base for newsletters and premium content. The strategy involves leveraging their established audience across both traditional and digital media to create multiple avenues for income.
Price history
How the share price has moved
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Loading price history…
Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2024 Q3
$-14.04M
FY2024 Q4
$-28.01M
FY2025 Q1
$-15.80M
FY2025 Q2
$-23.84M
FY2025 Q3
$-69.23M
FY2025 Q4
$1.76M
FY2026 Q1
$-2.89M
FY2026 Q2
$-1.26M
Revenue
$54.12M
Net income
$2.87M
Diluted EPS
0.02
Operating cash flow
$-123.88K
Free cash flow
$-1.26M
Fetching…
Sources
Revenue
$51.66M
Net income
$-2.19M
Diluted EPS
-0.02
Operating cash flow
$-2.64M
Free cash flow
$-2.89M
Fetching…
Sources
Revenue
$52.24M
Net income
$-2.97M
Diluted EPS
0.15
Operating cash flow
$2.63M
Free cash flow
$1.76M
Fetching…
Sources
Revenue
$45.27M
Net income
$-4.12M
Diluted EPS
-0.03
Operating cash flow
$-68.13M
Free cash flow
$-69.23M
Fetching…
Sources
Revenue
$46.44M
Net income
$-75.18M
Diluted EPS
-0.59
Operating cash flow
$-23.22M
Free cash flow
$-23.84M
Fetching…
Sources
Revenue
$45.30M
Net income
$-17.23M
Diluted EPS
-0.49
Operating cash flow
$-15.73M
Free cash flow
$-15.80M
Fetching…
Sources
Revenue
$47.68M
Net income
$-6.89M
Diluted EPS
-0.24
Operating cash flow
$-27.51M
Free cash flow
$-28.01M
Fetching…
Sources
Revenue
$43.51M
Net income
$-9.77M
Diluted EPS
-0.29
Operating cash flow
$-13.75M
Free cash flow
$-14.04M
Fetching…
Sources
Is it cheap or expensive?
Fair value — vs current price $8.74
We couldn't calculate a fair value right now.
Is it drowning in debt?
Healthy
Net cash $116.7M - more cash than debt. Interest coverage -4310.2x.
Net debt
$-116.72M
Interest coverage
-4,310.21x
Newsmax, Inc.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 3 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Healthy
Worse cushion
Baseline
Better cushion
NMAX
BASELINE
Newsmax, Inc.
Total debt $11.58M Interest coverage -4,310.21x This is the baseline the peer rows are being compared against.
Total debt $12.09B Interest coverage 2.28x This peer still has a real interest-payment cushion, while NMAX does not.
Total debt $4.19B Interest coverage 0.39x This peer still has a real interest-payment cushion, while NMAX does not.
Total debt $5.89B Interest coverage 0.87x This peer still has a real interest-payment cushion, while NMAX does not.
Total debt $206.27M Interest coverage 0.04x This peer still has a real interest-payment cushion, while NMAX does not.
Total debt $3.20B Interest coverage 97.85x This peer still has a real interest-payment cushion, while NMAX does not.
What you should know
The case for and against NMAX
1 Reward
1 Risk
Rewards
-
Revenue grew 7.4% last year.
Risks
-
Return on equity was -5.8% last year — the company lost money on shareholders' equity.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
437.00x
Forward P/E
124.86x
P/B
9.98x
P/S
5.55x
EV/EBITDA
-83.23x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
39.6%
Operating margin
2.4%
Net margin
-3.2%
ROE
-5.8%
ROA
-3.8%
Health
Liquidity and balance-sheet strength
Debt / equity
0.10x
Current ratio
2.39x
Quick ratio
2.01x
Total debt
$11.58M
Total cash
$128.30M
Growth
How the business has been compounding
Revenue TTM
$203.29M
Revenue 5Y CAGR
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EPS TTM
0.02
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-68.27M
Free CF TTM
$-107.11M
FCF margin
-52.7%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
0.0%
Last ex-div date
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