Newsmax Inc
NYSE:NMAX
Newsmax Inc
Newsmax Inc is a US-based company operating in Media industry. The company is headquartered in Boca Raton, Florida and currently employs 400 full-time employees. The company went IPO on 2025-03-31. Newsmax, Inc. is a holding company that owns 100% of the interests of its operating company, Newsmax Media, Inc. (Newsmax Media). Newsmax Media is a television broadcaster and multi-platform content publisher. Its Broadcast segment of the Company’s business produces and licenses news, business news and lifestyle content for distribution primarily through multichannel video programming distributors (MVPDs), including cable television systems, direct broadcast satellite operators and telecommunication companies, primarily in the United States. The Digital segment includes online advertising, including online display, email advertising, other online placements and print advertisements, subscriptions, including a collection of specialized health and financial newsletters, Newsmax Magazine and four online membership programs, and e-commerce, through its subsidiaries that sell nutraceuticals and nonfiction books on political, financial and health-related topics.
Newsmax Inc is a US-based company operating in Media industry. The company is headquartered in Boca Raton, Florida and currently employs 400 full-time employees. The company went IPO on 2025-03-31. Newsmax, Inc. is a holding company that owns 100% of the interests of its operating company, Newsmax Media, Inc. (Newsmax Media). Newsmax Media is a television broadcaster and multi-platform content publisher. Its Broadcast segment of the Company’s business produces and licenses news, business news and lifestyle content for distribution primarily through multichannel video programming distributors (MVPDs), including cable television systems, direct broadcast satellite operators and telecommunication companies, primarily in the United States. The Digital segment includes online advertising, including online display, email advertising, other online placements and print advertisements, subscriptions, including a collection of specialized health and financial newsletters, Newsmax Magazine and four online membership programs, and e-commerce, through its subsidiaries that sell nutraceuticals and nonfiction books on political, financial and health-related topics.
Revenue Growth: Newsmax reported third quarter revenue of $45.3 million, up 4% year-over-year, despite the usual post-election industry slowdown.
Broadcasting Strength: Broadcasting revenues grew 10.1% to $36.6 million, and affiliate revenues surged 22.3% to $8.1 million, driven by new contracts and rate increases.
Net Loss Improvement: The company reduced its net loss to $4.1 million, a 58.1% improvement from the previous year, mainly due to lower legal expenses.
Streaming Momentum: Newsmax2 streaming channel saw viewership jump 33% in daytime, and Newsmax+ subscriptions grew about 8% year-over-year.
Strong Balance Sheet: Newsmax ended the quarter with $130.4 million in cash and investments, up from $82.4 million at the end of 2024, bolstered by its recent IPO.
Full-Year Guidance: Management reaffirmed full-year revenue guidance of $180 million to $190 million.
Favorable Affiliate Fee Trends: Affiliate fee growth remains strong, with positive results from contract renewals and expectations for continued increases.
Content Investment: The company is investing in new content and talent, aiming to boost ratings, advertising, and subscriber value, though returns are expected to be gradual.
