NMAX
Income statement / Annual
Last year (2024), Newsmax, Inc.'s total revenue was $171.02 M,
an increase of 26.42% from the previous year.
In 2024, Newsmax, Inc.'s net income was -$72.17 M.
See Newsmax, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
| Operating Revenue |
$171.02 M |
$135.28 M |
$135.31 M |
| Cost of Revenue |
$86.97 M
|
$79.46 M
|
$78.94 M
|
| Gross Profit |
$84.05 M
|
$55.82 M
|
$56.37 M
|
| Gross Profit Ratio |
0.49
|
0.41
|
0.42
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$133.87 M
|
$56.84 M
|
$0.00
|
| Selling & Marketing Expenses |
$16.87 M
|
$16.98 M
|
$0.00
|
| Selling, General & Administrative Expenses |
$150.74 M
|
$73.82 M
|
$75.85 M
|
| Other Expenses |
$3.12 M
|
$27.09 M
|
$0.00
|
| Operating Expenses |
$153.86 M
|
$100.92 M
|
$75.85 M
|
| Cost And Expenses |
$240.82 M
|
$180.37 M
|
$154.79 M
|
| Interest Income |
$580.50 K
|
$143.76 K
|
$281.37 K
|
| Interest Expense |
$91.54 K
|
$39.46 K
|
$0.00
|
| Depreciation & Amortization |
$6.17 M
|
$3.67 M
|
$2.56 M
|
| EBITDA |
-$65.91 M |
-$38.05 M |
-$17.34 M |
| EBITDA Ratio |
-0.39
|
-0.28
|
-0.13
|
| Operating Income Ratio |
-0.41
|
-0.33
|
-0.14
|
| Total Other Income/Expenses Net |
-$2.36 M
|
$3.34 M
|
-$442.89 K
|
| Income Before Tax |
-$72.17 M
|
-$41.76 M
|
-$19.92 M
|
| Income Before Tax Ratio |
-0.42
|
-0.31
|
-0.15
|
| Income Tax Expense |
$0.00
|
$18.55 K
|
$19.21 K
|
| Net Income |
-$72.17 M
|
-$41.78 M
|
-$19.94 M
|
| Net Income Ratio |
-0.42
|
-0.31
|
-0.15
|
| EPS |
-0.62 |
-0.37 |
-0.31 |
| EPS Diluted |
-0.62 |
-0.37 |
-0.31 |
| Weighted Average Shares Out |
$128.41 M
|
$128.41 M
|
$63.65 M
|
| Weighted Average Shares Out Diluted |
$128.41 M
|
$128.41 M
|
$82.13 M
|
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