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In 2024, Newsmax's revenue rose 27% to $171 million as it gained more viewers in the months leading up to the elections, but its net loss widened from $42 million to $72 million. That steep loss ...

That's why Newsmax stock now trades at about $14, with a market cap of $1.3 billion. But even after that 94% plunge, it still isn't a bargain because it trades at 7.5 times last year's sales.