New Risk • May 17
New major risk - Revenue and earnings growth Earnings have declined by 30% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 30% per year over the past 5 years. Minor Risks Currently unprofitable and not forecast to become profitable next year (US$31m net loss next year). Share price has been volatile over the past 3 months (14% average weekly change). Reported Earnings • May 15
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: US$0.017 loss per share (improved from US$0.49 loss in 1Q 2025). Revenue: US$51.7m (up 14% from 1Q 2025). Net loss: US$2.19m (loss narrowed 90% from 1Q 2025). Revenue exceeded analyst estimates by 5.6%. Earnings per share (EPS) also surpassed analyst estimates by 33%. Revenue is forecast to grow 8.2% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Media industry in the US. New Risk • May 15
New minor risk - Profitability The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: US$89m Forecast net loss in 1 year: US$2.1m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (US$2.1m net loss next year). Share price has been volatile over the past 3 months (14% average weekly change). お知らせ • Apr 24
Newsmax Inc. to Report Q1, 2026 Results on May 14, 2026 Newsmax Inc. announced that they will report Q1, 2026 results After-Market on May 14, 2026 New Risk • Apr 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Major Estimate Revision • Apr 09
Consensus EPS estimates fall by 188% The consensus outlook for fiscal year 2026 has been updated. 2026 expected loss increased from -US$0.04 to -US$0.115 per share. Revenue forecast unchanged at US$213.1m. Media industry in the US expected to see average net income growth of 33% next year. Consensus price target down from US$20.50 to US$18.50. Share price rose 3.9% to US$5.90 over the past week. Price Target Changed • Apr 08
Price target decreased by 12% to US$18.50 Down from US$21.00, the current price target is an average from 2 analysts. New target price is 216% above last closing price of US$5.86. Stock is down 83% over the past year. The company is forecast to post a net loss per share of US$0.12 next year compared to a net loss per share of US$0.96 last year. お知らせ • Mar 30
Newsmax Inc., Annual General Meeting, May 18, 2026 Newsmax Inc., Annual General Meeting, May 18, 2026. Reported Earnings • Mar 29
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: US$0.92 loss per share. Revenue: US$189.3m (up 11% from FY 2024). Net loss: US$99.5m (loss widened 24% from FY 2024). Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Media industry in the US. お知らせ • Mar 05
Newsmax Inc. to Report Q4, 2025 Results on Mar 26, 2026 Newsmax Inc. announced that they will report Q4, 2025 results After-Market on Mar 26, 2026 Board Change • Nov 14
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. 1 independent director (5 non-independent directors). Director Chris Cox is the most experienced director on the board, commencing their role in 2024. Independent Director Alex Acosta was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. お知らせ • Oct 29
Newsmax Inc. to Report Q3, 2025 Results on Nov 13, 2025 Newsmax Inc. announced that they will report Q3, 2025 results After-Market on Nov 13, 2025 お知らせ • Aug 23
Newsmax Inc. Appoints David Gandler as Board Member, Effective from August 21, 2025 On August 21, 2025, the Board of Directors of Newsmax Inc. appointed David Gandler as a member of the Board to fill an existing vacancy, effective August 21, 2025. David Gandler is Co-Founder and CEO of Fubo, whose global mission is to aggregate the best in TV, including premium sports, news and entertainment content, through a single app. Fubo listed on the New York Stock Exchange in October 2020, just five years after its founding. Fubo has ranked among The Americas' Fastest-Growing Companies by the Financial Times (2025) and Forbes' Next Billion Dollar Startups (2019). Prior to founding Fubo in 2015, David had a prolific advertising career with more than 15 years of video sales in local broadcast and cable TV within both the general and Hispanic market, including at Scripps Networks Interactive, Time Warner Cable Media Sales and NBCUniversal's Telemundo Media. Beyond Fubo, David is a prominent figure in global sports and media. Through Gandler Sports Group (GSG), David is the majority owner and board member of soccer team Leyton Orient F.C. (EFL League One) and is a former co-owner of Paris FC. He also serves on the board of directors of Bare-Knuckle Fighting Championship (BKFC) and is a member of the esteemed Paley Media Council. David has been named among Sports Business Journal's Power Players: Sports Streaming (2025), Goldman Sachs' 100 Most Intriguing Entrepreneurs (2019) and Variety's Dealmakers (2020, 2019). お知らせ • Aug 19
Newsmax Inc. to Report Q2, 2025 Results on Aug 19, 2025 Newsmax Inc. announced that they will report Q2, 2025 results After-Market on Aug 19, 2025 お知らせ • Aug 15
Newsmax Inc. announced delayed 10-Q filing On 08/14/2025, Newsmax Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Reported Earnings • May 16
First quarter 2025 earnings released: US$0.49 loss per share (vs US$1.27 loss in 1Q 2024) First quarter 2025 results: US$0.49 loss per share (improved from US$1.27 loss in 1Q 2024). Revenue: US$45.3m (up 12% from 1Q 2024). Net loss: US$21.9m (loss narrowed 58% from 1Q 2024). Reported Earnings • Apr 03
Full year 2024 earnings released: US$1.95 loss per share (vs US$1.16 loss in FY 2023) Full year 2024 results: US$1.95 loss per share (further deteriorated from US$1.16 loss in FY 2023). Revenue: US$171.0m (up 26% from FY 2023). Net loss: US$80.2m (loss widened 69% from FY 2023). お知らせ • Mar 29
Newsmax Inc. has completed an IPO in the amount of $75 million. Newsmax Inc. has completed an IPO in the amount of $75 million.
Security Name: Class B Common Stock
Security Type: Common Stock
Securities Offered: 7,500,000
Price\Range: $10
Discount Per Security: $0.6265 
