Newsmax Inc. (NMAX)

Newsmax Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Net Income	-84.45	-99.5	-72.17	-41.78
Depreciation & Amortization	6.31	6.33	6.17	3.67
Stock-Based Compensation	13.73	11.96	-	-
Other Adjustments	3.27	10.26	12.88	29.73
Change in Receivables	-9.64	-4.97	-6.55	-5.79
Changes in Inventories	-0.13	-0.23	2.04	-0
Changes in Accounts Payable	-0.06	1.92	-5.09	4.5
Changes in Accrued Expenses	2.83	1.72	7.4	1.16
Changes in Unearned Revenue	-0.37	-0.74	-1.48	3.83
Changes in Other Operating Activities	16.5	-31.21	8.11	0.85
Operating Cash Flow	-91.37	-104.46	-48.69	-3.83
Capital Expenditures	-2.82	-2.65	-1	-0.92
Purchases of Investments	-112.63	-148.95	-57.43	-
Proceeds from Sale of Investments	91.22	98.47	-	6.31
Investing Cash Flow	-24.25	-53.12	-58.43	5.4
Short-Term Debt Issued	-	-	-	0.5
Short-Term Debt Repaid	-	-	-0.5	-
Net Short-Term Debt Issued (Repaid)	-	-	-0.5	0.5
Issuance of Common Stock	1.21	75.44	-	-
Net Common Stock Issued (Repurchased)	1.21	75.44	-	-
Issuance of Preferred Stock	-6.33	80.74	125.82	-
Net Preferred Stock Issued (Repurchased)	-6.33	80.74	125.82	-
Common Dividends Paid	-0.61	-0.92	-	-
Other Financing Activities	-0.23	-1.31	-0.19	-0.07
Financing Cash Flow	6.11	153.96	125.13	0.43
Net Cash Flow	-109.52	-3.62	18.02	1.99
Free Cash Flow	-94.19	-107.11	-49.68	-4.75
FCF Margin	-48.15%	-56.59%	-29.05%	-3.51%
Free Cash Flow Per Share	-0.73	-0.99	-1.21	-0.12
Levered Free Cash Flow	-62.18	-124.35	-56.51	-28.19
Unlevered Free Cash Flow	-70.61	-124.71	-53.65	-31.98

Updated May 14, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q