📊 NNAX Key Takeaways
Is New Momentum Corp. (NNAX) a Good Investment?
New Momentum Corp. is in severe financial distress with zero revenue, negative stockholders' equity of -$727.3K, and persistent operating losses. The company is technically insolvent with liabilities exceeding assets by over $700K and burn rate of nearly $48.8K in negative free cash flow, indicating imminent insolvency without immediate capital injection or operational turnaround.
New Momentum Corp. has no active revenue, ongoing operating losses, and deeply negative equity, indicating the absence of a viable operating business. Liquidity is critically weak with minimal cash and a ~0.01x current ratio alongside negative operating cash flow, implying reliance on external financing and elevated going-concern risk. Without demonstrated revenue recovery and balance sheet repair, fundamentals remain unattractive.
Why Buy New Momentum Corp. Stock? NNAX Key Strengths
- Company retains minimal cash reserves of $4.3K
- No long-term debt obligations creating additional burden
- Company is still reporting and filing with SEC indicating legal entity remains active
- Low capital intensity with minimal capex requirements
- Operating losses small in absolute dollars, limiting near-term cash burn
- No material interest expense reported, reducing interest burden
NNAX Stock Risks: New Momentum Corp. Investment Risks
- Complete revenue collapse (-100% YoY) indicates business has ceased operating
- Negative stockholders' equity of -$727.3K indicates technical insolvency
- Severe liquidity crisis with current ratio of 0.01x and only $4.3K cash against $738.1K liabilities
- Negative operating cash flow of -$47.1K demonstrates ongoing cash burn with no revenue generation
- Negative ROA of -42.4% reflects destruction of asset value
- Zero insider activity in last 90 days suggests management disengagement
- Severe liquidity shortfall and negative working capital (current ratio ~0.01x)
- No revenue and -100% YoY decline, questioning business viability
- Negative stockholders' equity and dependence on external funding leading to dilution or insolvency risk
Key Metrics to Watch
- Revenue generation - any return to positive revenue essential for viability
- Stockholders equity - movement toward positive territory required
- Cash burn rate and cash reserves depletion - company can only sustain months at current burn
- Debt restructuring or capital raise announcements - only path to survival
- Form 4 insider filings - indication of management commitment to turnaround
- Operating cash flow
- Revenue
New Momentum Corp. (NNAX) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
NNAX Profit Margin, ROE & Profitability Analysis
NNAX vs Services Sector: How New Momentum Corp. Compares
How New Momentum Corp. compares to Services sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is New Momentum Corp. Stock Overvalued? NNAX Valuation Analysis 2026
Based on fundamental analysis, New Momentum Corp. has mixed fundamental signals relative to the Services sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
New Momentum Corp. Balance Sheet: NNAX Debt, Cash & Liquidity
NNAX Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: New Momentum Corp.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $0.00 indicates the company is currently unprofitable.
NNAX Revenue Growth, EPS Growth & YoY Performance
NNAX Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | N/A | -$4.6K | $0.00 |
| Q2 2025 | N/A | -$15.8K | $0.00 |
| Q1 2025 | N/A | -$15.8K | $0.00 |
| Q3 2024 | N/A | -$17.6K | N/A |
| Q2 2024 | N/A | -$17.6K | N/A |
| Q1 2024 | $6 | -$17.6K | N/A |
| Q3 2023 | $25.3K | -$19.6K | $0.00 |
| Q2 2023 | $56.3K | -$19.6K | $0.00 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
New Momentum Corp. Dividends, Buybacks & Capital Allocation
NNAX SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for New Momentum Corp. (CIK: 0001132509)
📋 Recent SEC Filings
❓ Frequently Asked Questions about NNAX
What is the AI rating for NNAX?
New Momentum Corp. (NNAX) has a Combined AI Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 94% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are NNAX's key strengths?
Claude: Company retains minimal cash reserves of $4.3K. No long-term debt obligations creating additional burden. ChatGPT: Low capital intensity with minimal capex requirements. Operating losses small in absolute dollars, limiting near-term cash burn.
What are the risks of investing in NNAX?
Claude: Complete revenue collapse (-100% YoY) indicates business has ceased operating. Negative stockholders' equity of -$727.3K indicates technical insolvency. ChatGPT: Severe liquidity shortfall and negative working capital (current ratio ~0.01x). No revenue and -100% YoY decline, questioning business viability.
What is NNAX's revenue and growth?
New Momentum Corp. reported revenue of $0.0.
Does NNAX pay dividends?
New Momentum Corp. does not currently pay dividends.
Where can I find NNAX SEC filings?
Official SEC filings for New Momentum Corp. (CIK: 0001132509) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is NNAX's EPS?
New Momentum Corp. has a diluted EPS of $0.00.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is NNAX a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, New Momentum Corp. has a STRONG SELL rating with 94% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is NNAX stock overvalued or undervalued?
Valuation metrics for NNAX: ROE of N/A (sector avg: 16%), net margin of N/A (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy NNAX stock in 2026?
Our dual AI analysis gives New Momentum Corp. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is NNAX's free cash flow?
New Momentum Corp.'s operating cash flow is $-47.1K, with capital expenditures of $1.8K.
How does NNAX compare to other Services stocks?
Vs Services sector averages: Net margin N/A (avg: 10%), ROE N/A (avg: 16%), current ratio 0.01 (avg: 1.5).