NMAX stock

Is Newsmax, Inc. (NMAX) overvalued? · rev $45.3M

Newsmax, Inc. (NMAX) is a broadcasting company listed on NYSE.

This page asks whether Newsmax, Inc. (NMAX) looks expensive on cached numbers — not a short thesis.

Latest reported NMAX revenue for 2025-09-30 was $45.3M. Net income was -$4.1M. Revenue was down 2.5% from 2025-06-30 to 2025-09-30. NMAX currently screens at market cap $1.01B.

NMAX currently screens at market cap $1.01B. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.

If the next NMAX 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.

Not investment advice. Use the NMAX stock page for the full model, not this heading.

Not investment advice.

Full NMAX analysis