NASDAQ : NWTG
Newton Golf Company, Inc. — Financial statements
Consumer Discretionary · Leisure · United States
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Financial statements
Newton Golf Company, Inc. (NWTG) reported revenue of 7.16M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 7.16M | 8.13M | 3.44M | 349.00K | 190.00K | 200.00K |
| Cost of Revenue | 3.32M | 3.58M | 1.17M | 227.00K | 110.00K | 116.00K |
| Gross Profit | 3.84M | 4.55M | 2.27M | 122.00K | 80.00K | 84.00K |
| Selling, General & Admin | 11.02M | 11.32M | 6.51M | 4.50M | 2.87M | 359.00K |
| Research & Development | 1.05M | 779.00K | 743.00K | 258.00K | 73.00K | 19.00K |
| Operating Expenses | 12.07M | 12.10M | 7.25M | 4.75M | 2.95M | 378.00K |
| Operating Income | -8.22M | -7.55M | -4.98M | -4.63M | -2.87M | -294.00K |
| Interest Expense | -82.00K | -64.00K | -8.00K | |||
| Interest & Investment Income | 25.00K | 99.00K | 161.00K | 8.00K | ||
| Other Non Operating Income (Expenses) | -614.00K | 1.43M | -6.93M | |||
| EBT Excluding Unusual Items | -8.90M | -6.02M | -11.75M | -4.62M | -2.93M | -302.00K |
| Other Unusual Items | -574.00K | |||||
| Pretax Income | -8.91M | -6.02M | -11.75M | -4.62M | -3.50M | -302.00K |
| Net Income | -8.91M | -6.02M | -11.75M | -4.62M | -3.50M | -302.00K |
| Net Income to Common | -8.91M | -6.02M | -11.75M | -4.62M | -3.50M | -302.00K |
| Shares Outstanding (Basic) | 4.61M | 3.70M | 65.90K | 40.79K | 34.78K | 30.57K |
| Shares Outstanding (Diluted) | 4.61M | 3.70M | 65.90K | 40.79K | 34.78K | 30.57K |
| EPS (Basic) | -1.93 | -1.63 | -178.33 | -113.38 | -100.78 | -9.88 |
| EPS (Diluted) | -1.93 | -1.63 | -178.33 | -113.38 | -100.78 | -9.88 |
| Free Cash Flow | -5.55M | -5.63M | -5.43M | -5.34M | -860.00K | -171.00K |
| Free Cash Flow Per Share | -1.20 | -1.52 | -82.41 | -130.81 | -24.73 | -5.59 |
| Gross Margin | 53.63% | 55.98% | 66.01% | 34.96% | 42.10% | 42.00% |
| Operating Margin | -114.81% | -92.78% | -144.50% | -1,327.51% | -1,508.95% | -147.00% |
| Profit Margin | -124.40% | -74.00% | -341.13% | -1,325.22% | -1,844.74% | -151.00% |
| Free Cash Flow Margin | -77.48% | -69.27% | -157.65% | -1,528.94% | -452.63% | -85.50% |
| EBITDA | -7.90M | -7.24M | -4.81M | -4.60M | -2.86M | |
| EBITDA Margin | -110.23% | -89.03% | -139.71% | |||
| D&A For EBITDA | 328.00K | 305.00K | 165.00K | 32.00K | 11.00K | |
| EBIT | -8.22M | -7.55M | -4.98M | -4.63M | -2.87M | -294.00K |
| EBIT Margin | -114.81% | -92.78% | -144.50% | -147.00% | ||
| Advertising Expenses | 2.35M | 1.35M | 827.00K | 283.00K | 63.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 442.00K | 1.30M | 7.65M | 5.34M | 147.00K | 184.00K |
| Cash & Short-Term Investments | 442.00K | 1.30M | 7.65M | 5.34M | 147.00K | 184.00K |
| Receivables | 312.00K | 102.00K | 115.00K | 53.00K | 2.00K | 11.00K |
| Inventory | 406.00K | 374.00K | 913.00K | 248.00K | 142.00K | 44.00K |
| Prepaid Expenses | 226.00K | 413.00K | 274.00K | 196.00K | 16.00K | 20.00K |
| Restricted Cash | 24.00K | |||||
| Total Current Assets | 1.39M | 2.19M | 8.95M | 5.83M | 331.00K | 259.00K |
| Property, Plant & Equipment | 927.00K | 964.00K | 750.00K | 444.00K | 144.00K | |
| Long-Term Deferred Charges | 176.00K | 148.00K | 59.00K | 110.00K | 230.00K | |
| Other Long-Term Assets | 5.00K | 5.00K | 5.00K | 4.00K | ||
| Total Assets | 2.49M | 3.30M | 9.77M | 6.39M | 710.00K | 263.00K |
| Accounts Payable | 2.23M | 1.50M | 572.00K | 401.00K | 97.00K | 9.00K |
| Accrued Expenses | 1.09M | 480.00K | ||||
| Short-Term Debt | 921.00K | 308.00K | ||||
| Current Portion of Leases | 42.00K | 40.00K | 34.00K | 31.00K | 17.00K | |
| Current Unearned Revenue | 2.00K | 21.00K | 3.00K | |||
| Other Current Liabilities | 1.69M | 786.00K | 14.31M | 41.00K | 15.00K | |
| Total Current Liabilities | 3.96M | 2.33M | 14.92M | 475.00K | 2.17M | 800.00K |
| Long-Term Debt | 2.00M | 900.00K | ||||
| Long-Term Leases | 23.00K | 44.00K | 34.00K | 6.00K | ||
| Other Long-Term Liabilities | 32.00K | 95.00K | 420.00K | |||
| Total Liabilities | 5.99M | 2.37M | 14.95M | 604.00K | 2.59M | 1.70M |
| Common Stock | 47.00K | 45.00K | 3.00K | 1.00K | 108.00K | 92.00K |
| Additional Paid-In Capital | 29.48M | 28.97M | 16.88M | 16.11M | 3.70M | 508.00K |
| Retained Earnings | -33.03M | -28.09M | -22.07M | -10.32M | -5.69M | -2.19M |
| Comprehensive Income & Other | 150.00K | |||||
| Shareholders' Equity | -3.50M | 926.00K | -5.19M | 5.79M | -1.88M | -1.44M |
| Total Liabilities & Equity | 2.49M | 3.30M | 9.77M | 6.39M | 710.00K | 263.00K |
| Total Debt | 2.07M | 84.00K | 34.00K | 65.00K | 944.00K | 1.21M |
| Net Cash (Debt) | -1.63M | 1.21M | 7.62M | 5.27M | -797.00K | -1.02M |
| Net Cash Per Share | -0.35 | 0.33 | 115.57 | 129.27 | -22.92 | -33.50 |
| Filing Date Shares Outstanding | 5.42M | 4.59M | 4.29M | 48.65K | 47.93K | 30.57K |
| Total Common Shares Outstanding | 4.67M | 4.59M | 297.18K | 48.65K | 47.93K | 30.57K |
| Working Capital | -2.58M | -142.00K | -5.97M | 5.36M | -1.83M | -541.00K |
| Book Value Per Share | -0.75 | 0.20 | -17.45 | 119.01 | -39.27 | -47.01 |
| Tangible Book Value | -3.50M | 926.00K | -5.19M | 5.79M | -1.88M | -1.44M |
| Tangible Book Value Per Share | -0.75 | 0.20 | -17.45 | 119.01 | -39.27 | -47.01 |
| Machinery | 989.00K | 966.00K | 757.00K | 376.00K | 133.00K | |
| Leasehold Improvements | 498.00K | 399.00K | 161.00K | 46.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -8.91M | -6.02M | -11.75M | -4.62M | -3.50M | -302.00K |
| Depreciation & Amortization | 328.00K | 305.00K | 165.00K | 32.00K | 11.00K | |
| Other Amortization | 71.00K | 34.00K | 51.00K | 26.00K | ||
| Stock-Based Compensation | 627.00K | 442.00K | 308.00K | 668.00K | 1.44M | 25.00K |
| Provision & Write-off of Bad Debts | 50.00K | 50.00K | 19.00K | |||
| Other Operating Activities | 838.00K | -1.31M | 6.92M | 55.00K | 613.00K | 19.00K |
| Change in Accounts Receivable | -200.00K | -37.00K | -81.00K | -51.00K | 9.00K | -10.00K |
| Change in Inventory | 595.00K | 453.00K | -616.00K | -131.00K | -62.00K | 29.00K |
| Change in Accounts Payable | 1.32M | 931.00K | 171.00K | 304.00K | 88.00K | -38.00K |
| Change in Other Net Operating Assets | 66.00K | -16.00K | -111.00K | -1.32M | 625.00K | 106.00K |
| Operating Cash Flow | -5.20M | -5.17M | -4.93M | -5.05M | -785.00K | -171.00K |
| Capital Expenditures | -347.00K | -469.00K | -502.00K | -289.00K | -75.00K | |
| Investing Cash Flow | -347.00K | -469.00K | -502.00K | -289.00K | -75.00K | |
| Short-Term Debt Issued | 81.00K | 550.00K | 5.00K | |||
| Long-Term Debt Issued | 150.00K | 250.00K | ||||
| Total Debt Issued | 2.20M | 81.00K | 700.00K | 255.00K | ||
| Short-Term Debt Repaid | -1.02M | -43.00K | ||||
| Total Debt Repaid | -1.02M | -43.00K | ||||
| Net Debt Issued (Repaid) | 2.20M | -936.00K | 657.00K | 255.00K | ||
| Issuance of Common Stock | 7.79M | 11.21M | 420.00K | |||
| Repurchase of Common Stock | -500.00K | |||||
| Other Financing Activities | -212.00K | -217.00K | -50.00K | 230.00K | -230.00K | |
| Financing Cash Flow | 1.99M | -717.00K | 7.74M | 10.50M | 847.00K | 255.00K |
| Net Cash Flow | -3.56M | -6.35M | 2.31M | 5.17M | -13.00K | 84.00K |
| Free Cash Flow | -5.55M | -5.63M | -5.43M | -5.34M | -860.00K | -171.00K |
| Free Cash Flow Margin | -77.48% | -69.27% | -157.65% | -1,528.94% | -452.63% | -85.50% |
| Free Cash Flow Per Share | -1.20 | -1.52 | -82.41 | -130.81 | -24.73 | -5.59 |
| Levered Free Cash Flow | -2.07M | -16.59M | 10.55M | -3.56M | -1.27M | -57.75K |
| Unlevered Free Cash Flow | -2.06M | -16.59M | 10.55M | -3.56M | -1.23M | -52.75K |
| Change in Working Capital | 1.78M | 1.33M | -637.00K | -1.20M | 660.00K | 87.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 6.10M | 6.83M | 3.74M | 10.03M | ||
| Enterprise Value | 7.73M | 4.39M | 2.47M | 3.30M | ||
| Last Close Price | 1.01 | 1.50 | 12.60 | 206.10 | ||
| PS Ratio | 0.87 | 0.84 | 1.09 | 28.73 | ||
| PB Ratio | 7.37 | -0.72 | 1.73 | |||
| P/TBV Ratio | 7.37 | 1.73 | ||||
| EV/Sales Ratio | 1.10 | 0.54 | 0.72 | 9.46 | ||
| Debt / Equity Ratio | -0.59 | 0.09 | -0.01 | 0.01 | -0.50 | -0.84 |
| Net Debt / Equity Ratio | -0.47 | -1.31 | 1.47 | -0.91 | -0.42 | -0.71 |
| Net Debt / EBITDA Ratio | -0.21 | 0.17 | 1.58 | 1.15 | -0.28 | |
| Net Debt / FCF Ratio | -0.29 | 0.21 | 1.40 | 0.99 | -0.93 | -5.99 |
| Asset Turnover | 1.59 | 1.25 | 0.43 | 0.10 | 0.39 | 0.86 |
| Inventory Turnover | 4.61 | 5.57 | 2.02 | 1.16 | 1.18 | 1.71 |
| Quick Ratio | 0.19 | 0.60 | 0.52 | 11.35 | 0.07 | 0.24 |
| Current Ratio | 0.35 | 0.94 | 0.60 | 12.28 | 0.15 | 0.32 |
| Return on Equity (ROE) | -2,023.15% | -3,897.84% | -236.69% | |||
| Return on Assets (ROA) | -114.08% | -72.22% | -38.51% | -81.52% | -368.32% | -79.20% |
| Return on Capital Employed (ROCE) | 558.40% | -778.10% | 96.60% | -78.30% | 196.90% | 54.70% |
| Earnings Yield | -185.81% | -88.17% | -313.92% | -46.12% | ||
| FCF Yield | -89.22% | -82.53% | -145.07% | -53.22% | ||
| Buyback Yield / Dilution | -222.31% | -5,516.84% | -61.55% | -17.29% | -13.77% |