Newsmax Inc.NMAX

NYSEMedia & TelecomTelevision Broadcasting Stations
Price (close)
$10.98
Market cap
$1.4B
P/E
—
Revenue (TTM)
$203.3M
Net income
-$6.4M
Dividend yield
—
1-year total return
-13.1%
Net margin
-3.2%
Revenue growth
11.1%
Debt / equity
—

What Newsmax Inc. does.

Newsmax Inc. (the “Company”) is a holding company that owns 100% of the equity interests of its operating company Newsmax Media, Inc. (“Newsmax Media”). Newsmax Media and its other subsidiaries operate the businesses described herein.

Newsmax Media has six wholly-owned Florida limited liability company subsidiaries (the “Subsidiaries”): Newsmax Broadcasting, LLC (“Newsmax Broadcasting”), Newsmax Radio LLC (“Newsmax Radio”), Crown Atlantic Insurance, LLC (“Crown Atlantic”), Humanix Publishing, LLC (“Humanix Publishing”), Medix Select, LLC (“Medix Select”), and ROI Media Strategies, LLC (“ROI Media Strategies”).

Newsmax Media was incorporated as Sequoia Digital Corporation in the State of Nevada in 1998. In 1999, Newsmax Media changed its name from Sequoia Digital Corporation to Newsmax.com, Inc. In 2001, Newsmax Media changed its name from Newsmax.com, Inc. to Newsmax Media, Inc. In 2006, Newsmax Media became a wholly-owned subsidiary of NMX Holdings, LLC. In 2014, Newsmax Media changed its state of domicile from Nevada to Delaware and consummated a corporate reorganization in which the members of NMX Holdings, LLC exchanged their membership interests in NMX Holdings, LLC for capital stock of Newsmax Media.

Revenue and profit, by fiscal year.

Fiscal year202320242025
Revenue—$171.0M$189.3M
Net income—-$72.2M-$99.5M
Free cash flow—-$49.7M-$107.1M

More on NMAX.

Figures from Newsmax Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.