Annual revenue is not profit. This is the money earned without all the costs of running the business. For instance, the total revenue was 171m in 2024. But the

Annual revenue is not profit. This is the money earned without all the costs of running the business. For instance, the total revenue was 171m in 2024. But the cost of revenue was 86m. Then you need to remove the operation expenses, that are 153m. So in 2024, the before taxes net income was a loss of 69 million. In 2025 they are currently at -30m because it seems they cut in their Operating Expense. Explains some of the anchors leaving in 2024 (the impact of big cuts are often only felt the next year) Here is a very important titbit: > Newsmax and Newsmax Broadcasting LLC agreed to pay Dominion and its affiliates over three installments, starting with $27 million that was paid on Friday. Newsmax will pay $20 million on January 15 and another $20 million on January 15, 2027. In other words, they are not able to pay out the 67m in 2025, and are paying it off over 3 years. Given the negative income it has, combined with the now extra payments for then next 3 years... They are going to be cutting even more staff, what will affect their ability to generate revenue. It may look like a good deal, only 1/3 of their revenue, a 3 year payment plan. But its more of a survival plan. Why did Dominion accept this? Because its guaranteed money. Dominion is not out to destroy newsmax, no, Dominion wants cheese and a dead newsmax means no cheese. But the effect will be hard on the newsmax, do not underestimate this. Let alone internally... Some people will see this as a newsmax win, because most people do not know the difference between revenue. And why payment plans are not good indicator. But in reality, the company was already on a bankruptcy route, and its not going to get better. So unless somebody Musk steps in with major $$$ to buyout and finance them for a long time, ...