NMAXNewsmax, Inc.

$7.34-20% 1Y

The business

How NMAX's business earns

Newsmax, Inc. earns −14% on the capital it employs against an estimated 9.0% cost of capital.

−14%

Return on invested capital · cost of capital 9.0% · 23 points below the estimated cost of capital

Operating margin
−7.4%

Operating margin · Communication Services median 9.3% · 12 months to Jun 30, 2026

Share count, year on year
+0.74%

Share count, year on year · within 1% of a year ago

Gross margin
40%

Gross margin

Details›
Gross margin12 months to Jun 30, 2026
40%
Operating margin12 months to Jun 30, 2026
−7.4%
Net margin12 months to Jun 30, 2026
−3.1%
Free cash flow margin
−35%
Revenue, trailing twelve months
$203M
Free cash flow, trailing twelve months
−$72M
Net income, trailing twelve months
−$6.4M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
−14%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.