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New Momentum (NNAX) Financials

NNAX OTC
Trailing 12 months to September 30, 2025
Revenue $0 YoY not available
EPS (Diluted) $0.00 YoY not available
Operating Cash Flow -$79K n/m YoY
Gross Profit $0 YoY not available
Market Cap $83K as of Nov 5, 2026
Price / Sales n/m revenue is not positive, trailing 12 months to September 30, 2025
Price / Earnings n/m no net income reported
Price / Book n/m negative shareholder equity, so no book multiple, Q3 FY2025

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 5, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings Latest period Q3 FY2025, ended Sep 30, 2025 Reported Currency USD FYE December

Newest figures come from the 10-Q for Q3 FY2025, filed Nov 13, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the NNAX SEC filings page.

New Momentum Corp (NNAX) reported $0 in revenue over the twelve months to Sep 30, 2025. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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.

Rhea AI NNAX FY2024

The latest filing depicts a business with negligible reported sales, escalating obligations, and a balance sheet increasingly disconnected from operations.

The apparent gross-margin recovery to 100.0% in FY2024 is not evidence of improved economics: revenue fell to $6 from $182K while reported cost of revenue reached zero. At the same time, liabilities rose to $734K even as assets shrank to $12K, showing that the balance sheet deteriorated while operating activity nearly disappeared.

Short-term financial flexibility weakened across the period: the current ratio fell from 0.1x in FY2023 to 0.0x in FY2024, while liabilities exceeded assets by a wide margin. This combination indicates that reported obligations are not supported by a comparably sized asset base.

Losses and cash use moved together in FY2022 and FY2023, but not one-for-one: net losses were $189K and $404K, versus operating cash outflows of $144K and $176K. The smaller cash outflows suggest noncash charges or working-capital effects softened the immediate cash impact, while the continued financing inflows indicate operations were not self-funding.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

We do not publish a peer-relative financial health score for New Momentum Corp, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The metrics below are current.

Key Financial Metrics

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Earnings & Revenue

Revenue
$0
YoYn/m
QoQn/m

New Momentum Corp generated $0 in revenue in Q3 2025. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

Net Income
$29K
YoYn/m
QoQn/m

New Momentum Corp reported $29K in net income in Q3 2025. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

EPS (Diluted)
$0.00
YoYn/m
QoQn/m

New Momentum Corp earned $0.00 per diluted share (EPS) in Q3 2025. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.

EBITDA

Not reported for Q3 2025.

Cash & Balance Sheet

Cash & Debt
$4K
YoY-56.6%
QoQ-45.4%
5Y CAGR-34.0%

New Momentum Corp held $4K in cash as of Q3 2025; no long-term debt figure is on record for that period.

Shares Outstanding
826M
YoY0.0%
QoQ0.0%

New Momentum Corp had 826M shares outstanding in Q3 2025. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q3 2025.

Dividends Per Share

Not reported for Q3 2025.

Margins & Returns

None of these metrics is reported for Q3 2025.

Capital Allocation

None of these metrics is reported for Q3 2025.

NNAX Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

NNAX quarterly income statement
MetricQ3'2510-QQ2'25FilingQ1'25FilingQ4'2410-QQ3'2410-QQ2'24FilingQ1'24FilingQ4'23Filing
Revenue$0n/m$0n/m$0-100.0%$0$0-100.0%$0-100.0%$6-100.0%N/A
Cost of Revenue$0n/m$0n/m$0n/m$0$0-100.0%$0-100.0%$0-100.0%N/A
Gross Profit$0n/m$0n/m$0-100.0%$0$0-100.0%$0-100.0%$6n/mN/A
SG&A ExpensesN/A$14K-46.7%$14K-49.1%N/A$23K-17.3%$26K-15.9%$27K-1.8%N/A
Operating IncomeN/AN/A-$16Kn/mN/AN/AN/A-$29Kn/mN/A
EBITDAN/AN/AN/AN/AN/AN/A-$22Kn/mN/A
Interest Expense$0n/m$0n/m$0-100.0%N/A$0-100.0%$0-100.0%$1K-86.2%N/A
Income Tax$0n/m$0n/m$0n/m$0$0n/m$0n/m$0n/mN/A
Net Income$29Kn/m-$18Kn/m-$16Kn/mN/A-$30Kn/m-$20Kn/m-$18Kn/mN/A
EPS (Diluted)$0.00n/m$0.00n/m$0.00n/m$0.00$0.00$0.00$0.00N/A
Diluted Shares (Avg)826M0.0%826M0.0%826M+13.2%N/A826M826M730MN/A

Not reported in any period shown, so not listed: R&D Expenses, EPS (Basic).

NNAX Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

NNAX quarterly balance sheet
MetricQ3'2510-QQ2'25FilingQ1'25FilingQ4'2410-QQ3'2410-QQ2'24FilingQ1'24FilingQ4'23Filing
Total Assets$11K-74.0%$29K-48.9%$10K-82.5%$12K-81.8%$42K-45.6%$57K-44.6%$58K-60.5%$64K-44.1%
Current Assets$11K-69.0%$29K-33.1%$10K-73.3%$12K-68.9%$35K-19.1%$43K-30.5%$38K-62.1%$38K-67.3%
Cash & Equivalents$4K-56.6%$8K-53.5%$6K-64.3%$8K-53.4%$10K-56.6%$17K-55.3%$17K-75.8%$17K-71.7%
Short-Term Investments$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m
Accounts ReceivableN/AN/AN/A$0-100.0%$918+2.2%$914-82.2%$912-82.2%$906-96.3%
Long-Term Investments$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m$0n/m
Total Liabilities$738K+7.3%$779K+16.3%$747K+14.9%$734K+1.6%$688K-5.7%$670K-5.4%$650K-4.3%$722K+20.4%
Current Liabilities$738K+7.3%$779K+16.3%$747K+14.9%$734K+1.6%$688K-4.8%$670K-3.6%$650K-1.3%$722K+20.4%
Non-Current Liabilities$0n/m$0n/m$0n/m$0n/m$0-100.0%$0-100.0%$0-100.0%$0n/m
Total Equity-$727Kn/m-$750Kn/m-$737Kn/m-$722Kn/m-$646Kn/m-$613Kn/m-$592Kn/m-$658Kn/m
Retained Earnings-$5.6Mn/m-$5.6Mn/m-$5.6Mn/m-$5.6Mn/m-$5.5Mn/m-$5.5Mn/m-$5.5Mn/m-$5.4Mn/m

Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.

NNAX Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

NNAX quarterly cash flow statement
MetricQ3'2510-QQ2'25FilingQ1'25FilingQ4'2410-QQ3'2410-QQ2'24FilingQ1'24FilingQ4'23Filing
Operating Cash Flow-$13Kn/m-$22Kn/m-$12Kn/m-$32Kn/m-$35Kn/m-$9Kn/m-$21Kn/m-$56Kn/m
Depreciation & AmortizationN/AN/AN/A$7K+0.5%$7K+0.3%$7K+0.3%$7K+0.2%$7K
Financing Cash Flow$19K-36.2%$19K+101.1%$10K-53.0%$30K-41.2%$30K+5442.2%$9K-63.6%$21K-62.1%$52K+24.2%

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Dividends Paid, Share Buybacks.

NNAX Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

NNAX quarterly financial ratios
MetricQ3'2510-QQ2'25FilingQ1'25FilingQ4'2410-QQ3'2410-QQ2'24FilingQ1'24FilingQ4'23Filing
Gross MarginN/AN/AN/AN/AN/AN/A100.0%+103.4ppN/A
Operating MarginN/AN/AN/AN/AN/AN/A-478966.7%N/A
Net MarginN/AN/AN/AN/AN/AN/A-293716.7%N/A
Return on Assets268.9%+342.0pp-61.5%-26.3pp-156.4%-126.0ppN/A-73.1%+14.0pp-35.2%+46.3pp-30.4%+30.1ppN/A
Current Ratio0.010.0x0.040.0x0.010.0x0.020.0x0.050.0x0.060.0x0.06-0.1x0.05-0.1x
Asset Turnover0.000.0x0.000.0x0.000.0x0.000.00-0.3x0.00-0.6x0.00-0.7xN/A

Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity, Liabilities-to-Equity, FCF Margin.

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.

Note: Shareholder equity is negative (-$722K), which causes the debt-to-equity, liabilities-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.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it. Market cap is stated at each company's latest close.

Company Fiscal year Revenue Net income Net margin Market cap Health score
New Momentum Corp NNAX FY2024 $6 N/A N/A $83K —
SRIVARU Holding Ltd SVUHF FY2025 $68K N/A N/A $77K —

Frequently Asked Questions

New Momentum Corp (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.

New Momentum Corp (NNAX) revenue declined by 100.0% year-over-year, from $182K to $6 in fiscal year 2024.

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

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

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

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

New Momentum Corp (NNAX) has no price-to-earnings ratio at the moment: no net income reported. The market capitalization is $83K as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

New Momentum Corp (NNAX) has no price-to-sales ratio at the moment: revenue is not positive (trailing 12 months to September 30, 2025). The market capitalization is $83K as of Nov 5, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

New Momentum Corp (NNAX) has negative shareholder equity of -$722K as of fiscal year 2024, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. 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.

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