secwatch.observer — SEC 8-K summary
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Issuer:     Newsmax Inc. (NMAX)
CIK:        0002026478
Form:       8-K
Filed at:   2025-05-15T23:59:59+00:00
Accession:  0002026478-25-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Newsmax Q1 revenue $45.3M (+11.6% YoY); net loss narrows to $17.2M; cash $126.7M
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- Total revenues of $45.3M, up 11.6% YoY; advertising revenue $28.9M (+13.5%), affiliate revenue $7.4M (+12.5%).
- Net loss of $(17.2)M versus $(50.7)M in prior-year quarter, improved by $33.5M.
- Adjusted EBITDA of $(1.2)M, down $4.4M from prior year due to expansion costs and public company expenses.
- Cash and cash equivalents of $126.7M, a 426.8% increase from $24.1M at Dec 31, 2024.
- Quarterly viewership reached a record 33.6M, up 50% YoY; remains 4th highest-rated cable news channel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2026478/000202647825000017/0002026478-25-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2026478/000202647825000017/nmax-20250515.htm
  HTML page:      https://secwatch.observer/filing/0002026478-25-000017

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