Skip to content
MARKETS / BALCAO / NNAX
BALCAO · SERVICES-MANAGEMENT SERVICES · SMALL CAP

New Momentum Corp. NNAX

18 fiscal years on record · USD · FY2024 reported · SEC filings only
$6
▼ 100.0% YoY
$-142,880
In brief

What this company does

Nemo Holding has developed and operates an online ticketing platform named Gagfare.com, which provides a ticketing system for individuals and agencies to search, book and issue flight tickets and other services. With a unique and first time ever book-now-pay-later solution provided by Gagfare, travelers can now pay only $2.00 to secure up to nine flight seats, well in advance in schedule, on their desired flight. Gagfare taps into multiple global distribution systems specifically for flight reservations, enables customers to be able to search and book their flights directly in the airlines' own reservation systems. Gagfare will also provide advertising spots on the web and mobile application platforms, for travel related businesses to advertise on the platforms, which will bring a stream of advertising income to the platform.

Written from the business description in New Momentum Corporation's annual report to the U.S. Securities and Exchange Commission, filed 15 April 2025. Every sentence was checked against that document before publication.

Growth
USD 6.00
Revenue, FY2024 · full 18-year series below
Revenue $M Net income $M
FY2024 · Revenue 0.0 · Net income -0.1
0.5M1.0M-2.0M-4.0M2007201020132016201920222024
Compound annual growth
−98.3%
−49.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −49.5% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−2381333 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -2619883.3% · Net -2381333.3%
-1000000%-2000000%2007201020132016201920222024
ROE
FY2018 · ROE -231.9%
-100%-200%2007201020132016201920222024
Gross margin100.0%
Operating margin-2619883.3%
Net margin-2381333.3%
Return on assets-375.7%
EBITDAUSD -130,395.00

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow $
FY2013 · FCF -17970.0
-8000-160002007201020132016201920222024

Total assetsUSD 11,701.00
EquityUSD -721,979.00
CashUSD 7,812.00
Current ratio0.02×

Equity funds -6170% of total assets.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B0.00.00.00.00.00.0····0.00.00.00.00.0···
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0···
EBITDA $B−0.0−0.0−0.0········−0.0−0.0·····
Income tax $B0.00.00.00.00.00.0····0.00.00.0·····
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B···········−0.0−0.0−0.0−0.0···
EPS, diluted $0.000.00··−0.030.00−0.00−0.00−0.000.00−0.01−0.01−0.01·····
Dividend / sh $··················
Payout %··················
ROE %······−231.9−40.5−25.7·········
Shares out B0.830.520.180.180.340.010.310.310.310.310.010.010.010.010.010.010.010.01

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 63 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 32 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Management Services
Listed onOTC market
Incorporated inNevada
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2007

Share this section

Download image