NDEV Stock Overview

Through its subsidiary, WCIG Insurance Service, Inc., operates as an insurance company in California It offers health policies in CBD concentrate cannabis space; benefit plans, such as dental vision, hearing, and telemedicine; and THC health plans. More details

NDEV fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Does not have a meaningful market cap ($9M)

Latest financial reports are more than a year old

Highly volatile share price over the past 3 months compared to the US market

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Novus Acquisition & Development Corp. Competitors

UTG

OTCPK:UTGN

US$88.6m

Midwest Holding

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US$101.1m

Pekin Life Insurance

OTCPK:PKIN

US$200.7m

Citizens

NYSE:CIA

US$188.1m

Price History & Performance

Summary of share price highs, lows and changes for Novus Acquisition & Development
Historical stock prices
Current Share Price	US$0.075
52 Week High	US$0.13
52 Week Low	US$0.011
Beta	0
1 Month Change	-18.30%
3 Month Change	0%
1 Year Change	226.09%
3 Year Change	102.70%
5 Year Change	113.07%
Change since IPO	-99.98%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	NDEV	US Insurance	US Market
7D	-13.8%	-2.8%	-3.5%
1Y	226.1%	25.2%	22.1%

Return vs Industry: NDEV exceeded the US Insurance industry which returned 25.1% over the past year.

Return vs Market: NDEV exceeded the US Market which returned 24% over the past year.

Price Volatility

Is NDEV's price volatile compared to industry and market?
NDEV volatility
NDEV Average Weekly Movement	21.3%
Insurance Industry Average Movement	4.2%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.0%
10% least volatile stocks in US Market	3.1%

Stable Share Price: NDEV's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: NDEV's weekly volatility has decreased from 35% to 21% over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
1996	n/a	Gary Labrozzi	www.getnovusnow.com

Novus Acquisition & Development Corp., through its subsidiary, WCIG Insurance Service, Inc., operates as an insurance company in California It offers health policies in CBD concentrate cannabis space; benefit plans, such as dental vision, hearing, and telemedicine; and THC health plans. The company was formerly known as BrandQuest Development Group, Inc. and changed its name to Novus Acquisition & Development Corp. in April 2009. Novus Acquisition & Development Corp. was incorporated in 1996 and is based in Miami, Florida.

Novus Acquisition & Development Corp. Fundamentals Summary

How do Novus Acquisition & Development's earnings and revenue compare to its market cap?
NDEV fundamental statistics
Market cap	US$8.85m
Earnings (TTM)	US$95.51k
Revenue (TTM)	US$266.43k

0.0x

P/E Ratio

0.0x

P/S Ratio

Is NDEV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NDEV income statement (TTM)
Revenue	US$266.43k
Cost of Revenue	US$64.71k
Gross Profit	US$201.72k
Other Expenses	US$106.21k
Earnings	US$95.51k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.0%

How did NDEV perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 10:10
End of Day Share Price	2024/12/19 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Novus Acquisition & Development Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution