The company ended the quarter with $131.3M in cash and short-term investments. cash and cash equivalents were $20.4M and short-term investments were $110.9M. “Fiscal year 2025 was a defining year for Newsmax (NMAX),” said Christopher Ruddy, CEO of Newsmax. “In our first year as a public company, we delivered double digit revenue growth and expanded our audience reach across cable, FAST and digital platforms, even in a non-election year when industry-wide viewership and advertising demand typically normalize. We broadened both our domestic and international distribution footprint, extending Newsmax to new platforms and markets around the world, while reinforcing our position as the fourth highest-rated cable news network. These achievements underscore the strength of our multi-platform model and diversified revenue streams that benefit from the continued demand for independent, values-driven journalism, which resonates with audiences across all of our platforms.”
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