NMAXNYSETelevision Broadcasting StationsUS GAAP · USD

Newsmax Inc.

Newsmax Inc. is a U.S.-based media company that operates a television news network alongside digital, print, radio, podcast, and subscription publishing businesses. Its portfolio includes the Newsmax and Newsmax2 television channels, the World at War channel, Newsmax.com, paid publications, and related media and licensing activities.

Liikevaihto189milj. USD
+10,7 %v/v
Liikevoitto (EBIT)−99,9milj. USD
−43,0 %v/v
EBIT-marginaali−52,8%
−11,9 %-yks.v/v
Nettotulos−99,5milj. USD
−37,9 %v/v
Vapaa kassavirta−107milj. USD
−115,6 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2024–2025

−1000100200milj. USD2024: 171 milj. USD2024: EBIT −70 milj. USD20242025: 189 milj. USD2025: EBIT −100 milj. USD2025189−100
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Broadcasting55 %

Television channels and related broadcast content distributed through cable, satellite, and streaming platforms.

Digital25 %

Website, streaming, and digital content monetized through advertising and subscriptions.

Subscriptions and Publications15 %

Paid magazines, newsletters, and Newsmax+ digital subscription products.

Other Media and Services5 %

Radio, podcasts, media buying services, insurance-related marketing, and licensing.

Tuotteet

Raportoitu · osuus liikevaihdosta
63,7%15,7%15,6%FY2024100 %
  • Advertising63,7 %
  • Subscription and Circulation15,7 %
  • Affiliate Fee15,6 %
  • Products3,5 %
  • Services and other1,3 %
  • Shipping and Handling0,2 %

Lähde: 10-K FY2024, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Newsmax sells primarily to audiences that consume news, opinion, business, lifestyle, and historical programming across television and digital channels. Revenue comes from advertisers, distribution partners such as MVPDs and streaming platforms, and subscribers who pay for premium publications and digital products.

Advertisers

Buy ad inventory across broadcast, digital, print, radio, and podcasts to reach Newsmax audiences.

Distribution partners

MVPDs, satellite operators, telecom distributors, and OTT platforms that carry Newsmax channels and pay affiliate fees.

Paid subscribers

Consumers who pay for Newsmax+ and subscription publications such as magazines and newsletters.

Content audiences

Viewers, readers, and listeners who consume free news, commentary, documentaries, and podcasts.

Licensing and media partners

International and regional partners that license the Newsmax brand and content for local distribution.

Strategia

Newsmax is focused on expanding audience reach across television, digital, and direct-to-consumer channels while monetizing that reach through advertising, subscriptions, and affiliate fees. It also seeks to deepen its content portfolio, grow paid products, and broaden distribution in the U.S. and abroad.

Expand television and digital distributionKeskipitkä aikaväli

Broader distribution increases audience scale, which supports advertising and affiliate-fee monetization.

Grow paid subscriptionsKeskipitkä aikaväli

Subscription products diversify revenue beyond advertising and improve direct customer relationships.

Strengthen content and audience loyaltyPitkä aikaväli

Distinctive programming helps retain viewers and supports repeat consumption across platforms.

Maantiede

Newsmax is primarily a U.S. business, with its television, digital, and subscription products centered on American audiences and distributors. The company also licenses its brand and content internationally, with partner distribution in parts of Europe and other non-U.S. markets. Geography matters because the core advertising and affiliate-fee model depends on U.S. audience reach, while licensing and international expansion add incremental distribution channels.

Riskit

Newsmax depends on audience attention, advertiser demand, and continued carriage by distributors, so changes in viewing habits or platform economics can affect revenue. The company also faces international, tax, and regulatory exposure from licensing and cross-border activity, plus industry-wide risks from shifting media consumption and advertising pricing.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Distribution dependence1International regulatory and tax exposure3
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Distribution dependenceVaikutus: KorkeaTodennäköisyys: Matala

    Affiliate fees and audience scale depend on carriage by cable, satellite, telecom, and OTT partners.

    Kohdistuu: Newsmax and Newsmax2 channels

  2. Advertising revenue concentrationVaikutus: Korkea

    A large share of revenue comes from advertising, so changes in marketer demand or audience metrics can quickly affect results.

    Kohdistuu: Broadcasting and Digital

  3. International regulatory and tax exposureVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Cross-border licensing and operations can trigger tariffs, trade restrictions, local taxes, and foreign regulatory actions.

    Kohdistuu: Europe and other non-U.S. markets

  4. Digital platform competitionVaikutus: Keskitaso

    Consumers have many low-cost or free alternatives, which can reduce traffic, subscriptions, and ad pricing.

    Kohdistuu: Digital publishing and streaming

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition under ASC 606

Different revenue streams have different timing rules, affecting quarterly comparability and deferred revenue balances.

Vaikutus: Advertising, subscriptions, affiliate fees, licensing

Seasonality and audience-driven volatility

Media revenue can vary with news cycles, election periods, and advertiser spending patterns.

Vaikutus: Quarterly revenue and margin comparability

Non-GAAP Adjusted EBITDA

Management uses this measure to assess operating performance, but it excludes depreciation, amortization, and impairment.

Vaikutus: Investor interpretation of operating profitability

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.9.2026