Newsmax FY25 rev $189.3M (+10.7%), net loss $99.5M (incl. $79M legal); FY26 guide rev $212-216M

Newsmax Inc.

Full-year revenue $189.3M (+10.7% YoY); broadcast revenue $153.3M (+17.3%).
Net loss $(99.5)M including ~$79M legal settlement; adjusted EBITDA $(6.5)M.
Q4 revenue $52.2M (+9.6%); Q4 net loss $(3.0)M vs $(6.9)M prior year.
Cash and short-term investments $131.3M; no long-term debt.
FY2026 guidance: revenue $212-216M (+13% at midpoint); expects improved profitability.

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