📊 NNAX Key Takeaways
Is NNAX a Good Investment? Thesis Analysis
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.
Why Buy 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
NNAX Investment Risks to Consider
- 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
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
NNAX Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
NNAX Profitability Ratios
NNAX vs Default Sector
How New Momentum Corp. compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is NNAX Overvalued or Undervalued?
Based on fundamental analysis, New Momentum Corp. has mixed fundamental signals relative to the Default 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.
NNAX Balance Sheet & Liquidity
NNAX 5-Year Financial Trend & Growth Analysis
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 Growth Metrics (YoY)
NNAX Quarterly 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.
NNAX Capital Allocation
NNAX SEC 10-K & 10-Q Filing 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 an AI rating of STRONG SELL with 95% 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.
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.
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 95% 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: 15%), net margin of N/A (sector avg: 12%). 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 Default stocks?
Vs Default sector averages: Net margin N/A (avg: 12%), ROE N/A (avg: 15%), current ratio 0.01 (avg: 1.8).