Newsmax Inc. (NMAX)

Newsmax Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Net Income	-103.41	-72.17	-41.78	-19.94
Depreciation & Amortization	6.12	6.17	3.67	2.56
Asset Writedown & Restructuring Costs	-	-	23.93	-
Loss (Gain) From Sale of Investments	-1.49	0.29	-0.05	0.52
Provision & Write-off of Bad Debts	0.59	0.26	2.55	-0.01
Other Operating Activities	13.4	12.33	3.29	2.5
Change in Accounts Receivable	-4.93	-6.55	-5.79	3.13
Change in Inventory	0.51	2.04	-0	-1.3
Change in Accounts Payable	0.88	-5.09	4.5	6.82
Change in Unearned Revenue	-0.53	-1.48	3.83	-1.11
Change in Other Net Operating Assets	-54.27	15.51	2.01	-0.49
Operating Cash Flow	-134.59	-48.69	-3.83	-7.32
Capital Expenditures	-2.28	-1	-0.92	-5.88
Investment in Securities	-112.7	-57.43	6.31	0.28
Other Investing Activities	-0	-0	-	-
Investing Cash Flow	-114.99	-58.43	5.4	-5.6
Short-Term Debt Issued	-	-	0.5	-
Total Debt Issued	-	-	0.5	-
Short-Term Debt Repaid	-	-0.5	-	-
Long-Term Debt Repaid	-	-0.19	-0.07	-
Total Debt Repaid	-0.7	-0.69	-0.07	-
Net Debt Issued (Repaid)	-0.7	-0.69	0.43	-
Financing Cash Flow	228.75	125.13	0.43	-
Net Cash Flow	-20.82	18.02	1.99	-12.92
Free Cash Flow	-136.87	-49.68	-4.75	-13.2
Free Cash Flow Margin	-74.11%	-29.05%	-3.51%	-9.76%
Free Cash Flow Per Share	-1.59	-1.21	-0.12	-
Cash Interest Paid	0.01	0.04	0.02	0.02
Levered Free Cash Flow	-	24.77	9.3	-
Unlevered Free Cash Flow	-	24.82	9.33	-
Change in Working Capital	-58.34	4.43	4.55	7.05

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q