What is New Momentum Corporation's earnings per share (EPS)?

New Momentum Corporation (NNAX) reported diluted earnings per share of $0.00 for fiscal year 2024. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

New Momentum Corporation Financials

NNAX

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows New Momentum Corporation (NNAX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 22 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Weak

2/9

New Momentum Corporation passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Low Quality

0.67x

For every $1 of reported earnings, New Momentum Corporation generates $0.67 in operating cash flow (-$96K OCF vs -$143K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage At Risk

-145.0x

New Momentum Corporation earns $-145.0 in operating income for every $1 of interest expense (-$157K vs $1K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

YoY-100.0%

5Y CAGR-49.5%

New Momentum Corporation generated $6 in revenue in fiscal year 2024. This represents a decrease of 100.0% from the prior year.

EBITDA

-$130K

YoY+52.6%

New Momentum Corporation's EBITDA was -$130K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 52.6% from the prior year.

Net Income

-$143K

YoY+64.6%

New Momentum Corporation reported -$143K in net income in fiscal year 2024. This represents an increase of 64.6% from the prior year.

EPS (Diluted)

$0.00

New Momentum Corporation earned $0.00 per diluted share (EPS) in fiscal year 2024.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$8K

YoY-53.4%

5Y CAGR-3.5%

10Y CAGR+39.4%

New Momentum Corporation held $8K in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

826M

YoY+58.7%

5Y CAGR+141.8%

10Y CAGR+54.9%

New Momentum Corporation had 826M shares outstanding in fiscal year 2024. This represents an increase of 58.7% from the prior year.

Margins & Returns

Gross Margin

100.0%

YoY+98.5pp

5Y CAGR+0.0pp

New Momentum Corporation's gross margin was 100.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 98.5 percentage points from the prior year.

Operating Margin

-2619883.3%

YoY-2619718.0pp

5Y CAGR-2607379.0pp

New Momentum Corporation's operating margin was -2619883.3% in fiscal year 2024, reflecting core business profitability. This is down 2619718.0 percentage points from the prior year.

Net Margin

-2381333.3%

YoY-2381111.9pp

5Y CAGR-2370671.6pp

New Momentum Corporation's net profit margin was -2381333.3% in fiscal year 2024, showing the share of revenue converted to profit. This is down 2381111.9 percentage points from the prior year.

Return on Equity

N/A

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

NNAX Income Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	$6-100.0%	$182K-80.2%	$920K-28.8%	$1.3M+443.1%	$238K+129943.7%	$183
Cost of Revenue	$0-100.0%	$180K-80.3%	$914K-29.0%	$1.3M+450.6%	$234K	$0
Gross Profit	$6-99.8%	$3K-57.4%	$6K+18.8%	$5K+27.8%	$4K+2207.7%	$183
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$134K-5.6%	$142K-13.9%	$165K-34.1%	$251K-93.9%	$4.1M+17727.0%	$23K
Operating Income	-$157K+47.9%	-$302K-58.1%	-$191K+34.2%	-$290K+93.0%	-$4.2M-18130.9%	-$23K
Interest Expense	$1K-99.0%	$104K+647.2%	$14K+234.9%	$4K+305.6%	$1K	$0
Income Tax	$0	$0	$0	$0	$0	$0
Net Income	-$143K+64.6%	-$404K-113.9%	-$189K+34.4%	-$288K+93.1%	-$4.1M-21164.7%	-$20K
EPS (Diluted)	$0.00	$0.00	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Revenue	$0	$0	$0	N/A	$0	$0-100.0%	$6	N/A
Cost of Revenue	$0	$0	$0	N/A	$0	$0	$0	N/A
Gross Profit	$0	$0	$0	N/A	$0	$0-100.0%	$6	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	$14K-1.3%	$14K	N/A	$23K-10.0%	$26K-5.7%	$27K	N/A
Operating Income	N/A	N/A	-$16K	N/A	N/A	N/A	-$29K	N/A
Interest Expense	$0	$0	$0	N/A	$0	$0-100.0%	$1K	N/A
Income Tax	$0	$0	$0	N/A	$0	$0	$0	N/A
Net Income	$29K+263.0%	-$18K-12.7%	-$16K	N/A	-$30K-52.7%	-$20K-13.2%	-$18K	N/A
EPS (Diluted)	$0.00	$0.00	$0.00	N/A	$0.00	$0.00	$0.00	N/A

NNAX Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Total Assets	$12K-81.8%	$64K-44.1%	$115K+51.2%	$76K-10.2%	$85K+297.9%	$21K
Current Assets	$12K-68.9%	$38K-67.3%	$115K+125.3%	$51K-39.8%	$85K+297.9%	$21K
Cash & Equivalents	$8K-53.4%	$17K-71.7%	$59K+279.6%	$16K-75.8%	$64K+590.3%	$9K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$0-100.0%	$906-96.3%	$24K+53.5%	$16K+4117.4%	$374-25.6%	$503
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$734K+1.6%	$722K+20.4%	$600K+56.0%	$384K+56.4%	$246K+129.8%	$107K
Current Liabilities	$734K+1.6%	$722K+20.4%	$600K+56.0%	$384K+56.4%	$246K+129.8%	$107K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$722K-9.8%	-$658K-35.7%	-$484K-57.2%	-$308K-91.5%	-$161K-88.0%	-$86K
Retained Earnings	-$5.6M-2.6%	-$5.4M-8.0%	-$5.0M-3.9%	-$4.8M-6.3%	-$4.6M-4693.1%	-$95K

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Total Assets	$11K-62.7%	$29K+186.5%	$10K-13.6%	$12K-71.9%	$42K-26.5%	$57K-2.2%	$58K-10.0%	$64K
Current Assets	$11K-62.7%	$29K+186.5%	$10K-13.6%	$12K-66.5%	$35K-19.3%	$43K+14.2%	$38K+0.9%	$38K
Cash & Equivalents	$4K-45.4%	$8K+25.8%	$6K-20.3%	$8K-20.7%	$10K-41.5%	$17K-3.5%	$17K+4.0%	$17K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	$0-100.0%	$918+0.4%	$914+0.2%	$912+0.7%	$906
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$738K-5.3%	$779K+4.3%	$747K+1.8%	$734K+6.6%	$688K+2.7%	$670K+3.1%	$650K-10.0%	$722K
Current Liabilities	$738K-5.3%	$779K+4.3%	$747K+1.8%	$734K+6.6%	$688K+2.7%	$670K+3.1%	$650K-10.0%	$722K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	-$727K+3.1%	-$750K-1.8%	-$737K-2.1%	-$722K-11.7%	-$646K-5.4%	-$613K-3.6%	-$592K+10.0%	-$658K
Retained Earnings	-$5.6M+0.5%	-$5.6M-0.3%	-$5.6M-0.3%	-$5.6M-1.4%	-$5.5M-0.6%	-$5.5M-0.4%	-$5.5M-0.3%	-$5.4M

NNAX Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Operating Cash Flow	-$96K+45.2%	-$176K-21.8%	-$144K-32.4%	-$109K-52.8%	-$71K-472.0%	-$12K
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$91K-31.8%	$134K-28.6%	$187K+215.4%	$59K-53.1%	$127K+651.2%	$17K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Operating Cash Flow	-$13K+39.4%	-$22K-73.3%	-$12K+60.7%	-$32K+8.3%	-$35K-298.0%	-$9K+59.4%	-$21K	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	$19K+3.5%	$19K+87.1%	$10K-67.0%	$30K-0.3%	$30K+226.4%	$9K-56.2%	$21K	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

NNAX Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20	FY19
Gross Margin	100.0%+98.5pp	1.5%+0.8pp	0.7%+0.3pp	0.4%-1.4pp	1.8%-98.2pp	100.0%
Operating Margin	-2619883.3%-2619718.0pp	-165.3%-144.6pp	-20.7%+1.7pp	-22.4%+1730.6pp	-1753.0%+10751.4pp	-12504.4%
Net Margin	-2381333.3%-2381111.9pp	-221.4%-200.9pp	-20.5%+1.7pp	-22.3%+1721.1pp	-1743.4%+8918.4pp	-10661.8%
Return on Equity	N/A	N/A	N/A	N/A	-50.8%	N/A
Return on Assets	-1221.1%-593.5pp	-627.6%-463.5pp	-164.1%+213.8pp	-377.9%+4513.4pp	-4891.3%-4799.8pp	-91.5%
Current Ratio	0.02-0.0	0.05-0.1	0.19+0.1	0.13-0.2	0.35+0.1	0.20
Debt-to-Equity	-1.02+0.1	-1.10+0.1	-1.240.0	-1.25+0.3	-1.53-0.3	-1.25
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	100.0%	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	-478966.7%	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	-293716.7%	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	268.9%+330.4pp	-61.5%+94.9pp	-156.4%	N/A	-73.1%-37.9pp	-35.2%-4.8pp	-30.4%	N/A
Current Ratio	0.01-0.0	0.04+0.0	0.010.0	0.02-0.0	0.05-0.0	0.060.0	0.060.0	0.05
Debt-to-Equity	-1.01+0.0	-1.04-0.0	-1.010.0	-1.02+0.0	-1.06+0.0	-1.090.0	-1.100.0	-1.10
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: Shareholder equity is negative (-$722K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.02), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Frequently Asked Questions

What is New Momentum Corporation's annual revenue?

New Momentum Corporation (NNAX) reported $6 in total revenue for fiscal year 2024. This represents a -100.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is New Momentum Corporation's revenue growing?

New Momentum Corporation (NNAX) revenue declined by 100% year-over-year, from $182K to $6 in fiscal year 2024.

Is New Momentum Corporation profitable?

No, New Momentum Corporation (NNAX) reported a net income of -$143K in fiscal year 2024, with a net profit margin of -2381333.3%.

What is New Momentum Corporation's EBITDA?

New Momentum Corporation (NNAX) had EBITDA of -$130K in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

What is New Momentum Corporation's gross margin?

New Momentum Corporation (NNAX) had a gross margin of 100.0% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is New Momentum Corporation's operating margin?

New Momentum Corporation (NNAX) had an operating margin of -2619883.3% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is New Momentum Corporation's net profit margin?

New Momentum Corporation (NNAX) had a net profit margin of -2381333.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is New Momentum Corporation's operating cash flow?

New Momentum Corporation (NNAX) generated -$96K in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are New Momentum Corporation's total assets?

New Momentum Corporation (NNAX) had $12K in total assets as of fiscal year 2024, including both current and long-term assets.

How many shares does New Momentum Corporation have outstanding?

New Momentum Corporation (NNAX) had 826M shares outstanding as of fiscal year 2024.

What is New Momentum Corporation's current ratio?

New Momentum Corporation (NNAX) had a current ratio of 0.02 as of fiscal year 2024, which is below 1.0, which may suggest potential liquidity concerns.

What is New Momentum Corporation's debt-to-equity ratio?

New Momentum Corporation (NNAX) had a debt-to-equity ratio of -1.02 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is New Momentum Corporation's return on assets (ROA)?

New Momentum Corporation (NNAX) had a return on assets of -1221.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is New Momentum Corporation's cash runway?

Based on fiscal year 2024 data, New Momentum Corporation (NNAX) had $8K in cash against an annual operating cash burn of $96K. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Why is New Momentum Corporation's debt-to-equity ratio negative or unusual?

New Momentum Corporation (NNAX) has negative shareholder equity of -$722K as of fiscal year 2024, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is New Momentum Corporation's Piotroski F-Score?

New Momentum Corporation (NNAX) has a Piotroski F-Score of 2 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are New Momentum Corporation's earnings high quality?

New Momentum Corporation (NNAX) has an earnings quality ratio of 0.67x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can New Momentum Corporation cover its interest payments?

New Momentum Corporation (NNAX) has an interest coverage ratio of -145.0x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.