Skip to content
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

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

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-1.5M-3.0M
2007201020132016201920222024
Compound annual growth
−98.3%
−49.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −49.5% a year over the five years to FY2024.

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

·
Operating margin Net margin
FY2023 · Operating -165.3%
-5000%-10000%
200720152024
ROE
FY2017 · ROE -40.5%
-20%-40%
200720152024
Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.
Return on capital employedNot applicable: capital employed was zero or negative in this period, so return on capital employed has no meaning.

Cash & shareholders

·
returned in FY2024 · dividends + net buybacks
Free cash flow $
FY2013 · FCF -17970.0
-10000-20000
200720152024

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—not applicable◌not available in our data
NNAX, 18-year financial record
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 % — not applicable: no dividend——————————————————
ROE %———————−40.5−25.7—————————
Shares out B0.830.520.180.180.340.310.310.310.310.310.010.010.010.010.010.010.010.01

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 63 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. 12 checks were skipped: cost of revenue is not tagged before 2019. Six checks were skipped: the balance sheet is not tagged before 2010. Three checks were skipped: EPS is not tagged before 2010.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Management Services
Listed onnot stated in the filings
Incorporated inNevada
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2007

Share this section

Download image