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Side-by-side financial comparison of Newsmax Inc. (NMAX) and UNITY BANCORP INC (UNTY). Click either name above to swap in a different company.

Newsmax Inc. is the larger business by last-quarter revenue ($52.2M vs $35.3M, roughly 1.5× UNITY BANCORP INC). UNITY BANCORP INC runs the higher net margin — 43.9% vs -5.7%, a 49.6% gap on every dollar of revenue. UNITY BANCORP INC produced more free cash flow last quarter ($44.3M vs $1.8M).

Newsmax Inc. is a U.S.-headquartered media and broadcasting company that offers news coverage, political commentary, opinion pieces, and lifestyle programming across cable TV, official websites, mobile apps, and streaming platforms. It mainly caters to U.S. domestic audiences, with a core focus on conservative-oriented current affairs content segments.

Unity Bancorp Inc is a New Jersey-headquartered financial holding company operating Unity Bank. It offers a full range of commercial and retail banking services including business loans, deposit products, mortgage services, and personal banking solutions, primarily serving small and medium-sized enterprises and individual consumers across local communities in New Jersey and eastern Pennsylvania.

NMAX vs UNTY — Head-to-Head

Bigger by revenue
NMAX
NMAX
1.5× larger
NMAX
$52.2M
$35.3M
UNTY
Higher net margin
UNTY
UNTY
49.6% more per $
UNTY
43.9%
-5.7%
NMAX
More free cash flow
UNTY
UNTY
$42.6M more FCF
UNTY
$44.3M
$1.8M
NMAX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NMAX
NMAX
UNTY
UNTY
Revenue
$52.2M
$35.3M
Net Profit
$-3.0M
$15.5M
Gross Margin
36.7%
Operating Margin
-9.0%
55.8%
Net Margin
-5.7%
43.9%
Revenue YoY
24.2%
Net Profit YoY
34.5%
EPS (diluted)
$0.15
$1.52

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NMAX
NMAX
UNTY
UNTY
Q4 25
$52.2M
$35.3M
Q3 25
$45.3M
$32.8M
Q2 25
$46.4M
$34.4M
Q1 25
$45.3M
$29.4M
Q4 24
$28.4M
Q3 24
$27.7M
Q2 24
$25.5M
Q1 24
$25.6M
Net Profit
NMAX
NMAX
UNTY
UNTY
Q4 25
$-3.0M
$15.5M
Q3 25
$-4.1M
$14.4M
Q2 25
$-75.2M
$16.5M
Q1 25
$-17.2M
$11.6M
Q4 24
$11.5M
Q3 24
$10.9M
Q2 24
$9.5M
Q1 24
$9.6M
Gross Margin
NMAX
NMAX
UNTY
UNTY
Q4 25
36.7%
Q3 25
35.3%
Q2 25
38.0%
Q1 25
47.8%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
NMAX
NMAX
UNTY
UNTY
Q4 25
-9.0%
55.8%
Q3 25
-15.9%
57.5%
Q2 25
-164.5%
62.6%
Q1 25
-25.5%
52.6%
Q4 24
51.0%
Q3 24
52.7%
Q2 24
49.3%
Q1 24
50.0%
Net Margin
NMAX
NMAX
UNTY
UNTY
Q4 25
-5.7%
43.9%
Q3 25
-9.1%
43.8%
Q2 25
-161.9%
48.0%
Q1 25
-38.0%
39.5%
Q4 24
40.5%
Q3 24
39.4%
Q2 24
37.1%
Q1 24
37.5%
EPS (diluted)
NMAX
NMAX
UNTY
UNTY
Q4 25
$0.15
$1.52
Q3 25
$-0.03
$1.41
Q2 25
$-0.59
$1.61
Q1 25
$-0.49
$1.13
Q4 24
$1.13
Q3 24
$1.07
Q2 24
$0.92
Q1 24
$0.94

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NMAX
NMAX
UNTY
UNTY
Cash + ST InvestmentsLiquidity on hand
$20.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$106.0M
$345.6M
Total Assets
$239.8M
$3.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NMAX
NMAX
UNTY
UNTY
Q4 25
$20.4M
Q3 25
$14.2M
Q2 25
$33.8M
Q1 25
$126.7M
Q4 24
Q3 24
Q2 24
Q1 24
Total Debt
NMAX
NMAX
UNTY
UNTY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$230.8M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
NMAX
NMAX
UNTY
UNTY
Q4 25
$106.0M
$345.6M
Q3 25
$106.0M
$334.0M
Q2 25
$106.9M
$319.8M
Q1 25
$177.4M
$306.1M
Q4 24
$295.6M
Q3 24
$284.3M
Q2 24
$273.4M
Q1 24
$266.8M
Total Assets
NMAX
NMAX
UNTY
UNTY
Q4 25
$239.8M
$3.0B
Q3 25
$233.3M
$2.9B
Q2 25
$259.8M
$2.9B
Q1 25
$278.2M
$2.8B
Q4 24
$2.7B
Q3 24
$2.6B
Q2 24
$2.6B
Q1 24
$2.6B
Debt / Equity
NMAX
NMAX
UNTY
UNTY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.78×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NMAX
NMAX
UNTY
UNTY
Operating Cash FlowLast quarter
$2.6M
$44.9M
Free Cash FlowOCF − Capex
$1.8M
$44.3M
FCF MarginFCF / Revenue
3.4%
125.7%
Capex IntensityCapex / Revenue
1.7%
1.6%
Cash ConversionOCF / Net Profit
2.90×
TTM Free Cash FlowTrailing 4 quarters
$-107.1M
$81.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NMAX
NMAX
UNTY
UNTY
Q4 25
$2.6M
$44.9M
Q3 25
$-68.1M
$45.5M
Q2 25
$-23.2M
$-25.3M
Q1 25
$-15.7M
$17.9M
Q4 24
$48.0M
Q3 24
$17.7M
Q2 24
$-8.4M
Q1 24
$15.8M
Free Cash Flow
NMAX
NMAX
UNTY
UNTY
Q4 25
$1.8M
$44.3M
Q3 25
$-69.2M
$45.3M
Q2 25
$-23.8M
$-25.5M
Q1 25
$-15.8M
$17.6M
Q4 24
$47.3M
Q3 24
$17.5M
Q2 24
$-8.6M
Q1 24
$15.7M
FCF Margin
NMAX
NMAX
UNTY
UNTY
Q4 25
3.4%
125.7%
Q3 25
-152.9%
138.1%
Q2 25
-51.3%
-74.2%
Q1 25
-34.9%
59.9%
Q4 24
166.5%
Q3 24
63.3%
Q2 24
-33.7%
Q1 24
61.4%
Capex Intensity
NMAX
NMAX
UNTY
UNTY
Q4 25
1.7%
1.6%
Q3 25
2.4%
0.7%
Q2 25
1.3%
0.5%
Q1 25
0.2%
1.0%
Q4 24
2.4%
Q3 24
0.5%
Q2 24
0.5%
Q1 24
0.3%
Cash Conversion
NMAX
NMAX
UNTY
UNTY
Q4 25
2.90×
Q3 25
3.16×
Q2 25
-1.54×
Q1 25
1.54×
Q4 24
4.17×
Q3 24
1.62×
Q2 24
-0.89×
Q1 24
1.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NMAX
NMAX

Advertising$33.9M65%
Affiliate Fee$8.3M16%
Subscription And Circulation$6.2M12%
Products$2.6M5%
Supplement Sales$1.1M2%

UNTY
UNTY

Segment breakdown not available.

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