secwatch.observer — SEC 8-K summary
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Issuer:     Newsmax Inc. (NMAX)
CIK:        0002026478
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0001213900-25-109986
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newsmax Q3 revenue $45.3M (+4% YoY); net loss narrows; FY guidance reaffirmed
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- Revenue $45.3M, +4% YoY; broadcast revenue $36.6M, +10.1% YoY.
- Net loss $(4.1)M vs $(9.8)M prior year; adjusted EBITDA $(1.8)M (decrease of $4.4M).
- Ended quarter with $130.4M cash/short-term investments; no long-term debt.
- Affiliate fees up 22.3% to $8.1M; advertising down 1.6% to $27.6M.
- Reaffirms FY2025 revenue guidance $180M-$190M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2026478/000121390025109986/0001213900-25-109986-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2026478/000121390025109986/ea0265466-8k_newsmax.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-109986

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer