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Newsmax, Inc.

Newsmax, Inc.

NMAX · NYSE · Communication Services / Broadcasting

9.58USD+2.29 (+31.41%)

Price History

Full chart

Market Stats

Previous Close7.29
Open9.25
Day Range8.45 – 9.99
52-Week Range5.11 – 13.18
Volume5.07M
Market Cap1.41B
P/E (TTM)64.12
Forward P/E36.36
EPS0.17
Dividend Yield0.00%
50-Day Avg9.82
200-Day Avg7.93

About

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.

Company Details

  • SectorCommunication Services
  • IndustryBroadcasting
  • CEOMr. Christopher W. Ruddy
  • Employees500
  • Headquarters750 Park Of Commerce Drive, Boca Raton, FL, United States, 33487, USA
  • Websitehttps://www.newsmax.com

Leadership

  • Mr. Christopher W. RuddyCEO & Director · b. 1965
  • Mr. Darryle BurnhamChief Financial Officer · b. 1965
  • Mr. Andrew Allen BrownChief Operating Officer of Newsmax Media · b. 1970
  • Mr. Lokesh TiwariChief Information Officer
  • Ms. Laura VailVice President of Marketing
  • Mr. Andy BiggersSenior Vice President of Content Distribution
  • Mr. Elliot JacobsonChief Content Officer & Executive VP of Programming
  • Mr. Brad BedfordCOO of Newsmax Broadcasting
  • Mr. Jim TremblayChief Revenue Officer & Executive VP of Ad Sales
  • Mr. Lee KinbergCEO of Newsmax Audio

Financials

Income Statement

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Revenue135.31M135.28M171.02M189.30M
Growth (%)--0.03%+26.42%+10.69%
Cost of Revenue78.94M79.46M86.97M117.62M
Gross Profit56.37M55.82M84.05M71.63M
Gross Margin41.66%41.26%49.15%37.84%
Operating Expense75.85M100.92M153.86M171.49M
Operating Income-19.47M-45.10M-69.81M-99.85M
Operating Margin-14.39%-33.34%-40.82%-52.75%
EBITDA-17.34M-38.05M-65.91M-93.14M
EBITDA Margin-12.82%-28.12%-38.54%-49.20%
Net Income-19.94M-41.78M-72.17M-99.50M
Net Income Margin-14.73%-30.88%-42.20%-52.56%
Interest Expense15.33K39.46K91.54K23.17K
Interest Expense % of Total Revenue0.01%0.03%0.05%0.01%

Balance Sheet

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Total Assets66.87M71.61M146.07M239.84M
Total Liabilities48.77M95.19M155.14M133.79M
Total Equity18.10M-23.58M-9.07M106.05M
Cash4.05M6.04M24.05M20.43M
Total Debt14.98M12.41M4.10B9.36M
Net Debt10.93M6.37M4.08B-11.08M

Cash Flow

Currency: USD2022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-7.32M-3.83M-48.69M-64.45M
Investing Cash Flow-5.60M5.40M-58.43M-53.12M
Financing Cash Flow-427.44K125.13M153.96M
Capital Expenditure5.88M916.99K996.29K2.65M
Free Cash Flow-13.20M-4.75M-49.68M-67.11M
Dividends Paid--0915.07K
FCF to OCF180.44%123.93%102.05%104.11%
Dividend Paid to FCF--0.00%-1.36%

Earnings

Report DateMar 31, 2025May 15, 2025Aug 19, 2025Nov 13, 2025Mar 26, 2026May 14, 2026Aug 13, 2026Nov 12, 2026
EPS Estimate0.00--0.02-0.12-0.09-0.04-0.03-0.02
EPS Actual-1.67-0.53-0.59-0.03-0.04-0.020.02-
Surprise---2850.00%75.00%55.56%50.00%166.67%-
Timing--After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap1.41B
Enterprise Value1.29B
Trailing P/E64.12
Forward P/E36.36
Price / Sales6.93
Price / Book12.44
EPS0.17
Book Value0.876
Revenue (TTM)203.29M
Gross Profit (TTM)80.58M
EBITDA-12.16M
Profit Margin-3.15%
Operating Margin2.41%
Return on Equity-5.82%
Return on Assets-3.84%
Shares Outstanding89.92M
Shares Float30.94M
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
66.34%
Insiders
21.95%
Retail / Other
11.71%

Top Institutional Holders

  • Greenwich Wealth Management LLC
    22.80M17.65%
  • BlackRock Inc
    2.53M1.96%
  • The Goldman Sachs Group Inc
    998.57K0.77%
  • State Street Corp
    678.29K0.53%
  • Geode Capital Management, LLC
    586.94K0.45%
  • AQR Capital Management LLC
    432.09K0.33%
  • Citadel Advisors Llc
    365.83K0.28%
  • Millennium Management LLC
    306.91K0.24%
  • BNP Paribas Arbitrage, SA
    297.93K0.23%
  • Vanguard Portfolio Management, LLC
    272.96K0.21%
  • LPL Financial Corp
    252.71K0.20%
  • Northern Trust Corp
    251.60K0.19%
  • Morgan Stanley - Brokerage Accounts
    122.67K0.10%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    1.44M1.11%
  • iShares Russell 2000 ETF
    1.25M0.97%
  • Fidelity Small Cap Index
    523.22K0.41%
  • iShares Russell 2000 Growth ETF
    455.07K0.35%
  • Vanguard Russell 2000 ETF
    276.69K0.21%
  • Vanguard Communication Services ETF
    153.50K0.12%
  • Schwab Small Cap Index
    116.95K0.09%