NEW MOMENTUM CORPORATION

NNAX · Consumer Discretionary · $82586 mkt cap · FY2024 filings · · not refreshed in 20 days · No moat ·

Price verdict withheld — value if growth stopped today unreliable

No moat
Share / Embed this score
Embed this score

The five investor questions

20

2023–2024 (latest 2 aligned FYs; v3 window cap 5): revenue $182452 to $6, decreasing; diluted EPS 0.00 to 0.00, flat. Two-year history is scoreable but carries less confidence than a full-cycle record.

0

Median gross margin 1.6% over 6y, variable.

0

Median ROIC -23.9%, above the 12% hurdle in 0% of years.

28

Net debt/EBITDA n/ax, interest coverage -145x.

44

Owner earnings changed trend unclear over up to the ten most recent annual observations, share count n/a.

Price vs. value if growth stopped today

A cautious baseline, not a price target: what the shares may support if normalized owner earnings simply hold steady.

Above value if growth stopped todayBelow value if growth stopped today
No price data
Not reported
Unavailable — insufficient owner-earnings data
Unavailable — insufficient growth-model data
$0.00
No price data

This zero-growth estimate assumes trailing owner earnings persist — unreliable for declining businesses. NNAX revenue fell in each of the three most recent year-over-year FY comparisons, so this estimate is flagged as unreliable for this company.

Among the current top-score group, the median current price is 254% above the zero-growth estimate across 49 of the current top 50 companies by Moat Score with both values.

Score records captured Oct 20, 2026.

Exactly which 50 companies?

FTNT, IBEX, META, MEDP, MSFT, GOOG, LULU, ANF, IDXX, TXRH, FHI, QLYS, FFIV, ADBE, LLY, MANH, CPRT, VEEV, RMD, GRMN, PCTY, EAT, UI, SSD, MNST, DOCS, LRCX, MCO, NTAP, NVDA, CORT, SFM, MPTI, ULTA, SN, ROL, CTAS, PAYC, IRMD, DECK, MORN, INTU, JKHY, TPR, LGCY, DAL, GWW, ISRG, MPWR, LOPE

Missing a usable price or zero-growth estimate: ANF.

Model details under moat-index@3.0.0: zero-growth multiple 11.1×, capped-growth comparison at no more than 18×; 9% discount rate; high-end growth 0% (capped at 4%) using min(5y revenue CAGR, 5y diluted-EPS CAGR), clamped to 0%–4%; maintenance capex uses min(capex, D&A); abstain when D&A is unavailable. This is a disclosed model range, not intrinsic value as fact.

26 years of fundamentals

The business, in plain English

NEW MOMENTUM CORPORATION booked $6 of revenue in FY2024 in the Consumer Discretionary sector and kept 100.0% of it as gross profit — a high-margin business by that measure. After every other cost, −2381333.3% of each revenue dollar reached the bottom line.

ROIC is not available for the latest filed year, FY2024. Across the full 3-year measurable filed record, median ROIC was −23.9%. Over the v3 recent window (3 measurable filed years), median ROIC was −23.9%. The Returns on Capital filter above scores it 0/100.

NNAX's latest filed year, FY2024, doesn't disclose total debt in a form the methodology can use, so current leverage is treated as unmeasured — never assumed to be zero.

Put together: Capital Allocation is the strongest of the five filters (44/100) and Pricing Power the weakest (0/100), which is how NNAX lands at 18/100 — a None moat.

This breakdown is generated from the filed numbers and sub-scores above — no outside narrative, no estimates. Where a filing doesn’t disclose an input, the sentence that would need it is omitted instead of guessed.

FY1999–FY2024 · 26 fiscal years, normalized from NNAX’s SEC filings

Sales, as filed$6 FY2024
$0$500000$1M1999200820172024
Revenue kept after cost of goods100.0% FY2024
0%50%100%1999200820172024
Standard ROIC or separately labeled Operating ROIC

Exact FY and FY-1 financing invested-capital inputs are required.

Exact FY and FY-1 financing invested-capital inputs are required.

Cash an owner could take out−$142880 FY2024
−$400000−$200000$01999200820172024

The explained ROIC gaps have filed inputs but no meaningful positive invested-capital denominator. Other gaps mean the item is not in the filings for that year. The series is never interpolated or estimated. The Table view lists every filed value, including operating and net margins, total debt, and share count.

Flagship explainer

How NEW MOMENTUM CORPORATION makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$6 · 100%Cost of revenue$0 · 0%Gross profit$6 · 100%Operating income−$157193 · −2619883%Income before tax−$142880 · −2381333%Income tax$0 · 0%Net income−$142880 · −2381333%As of 2024-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$6100%
Cost of revenue$00%
$6100%
−$157193−2619883%
Income before tax−$142880−2381333%
Income tax$00%
−$142880−2381333%
Source: · event Dec 31, 2024 · retrieved Sep 30, 2026 · annual-row source set
Embed this chart

Flagship explainer

What NEW MOMENTUM CORPORATION owns — and owes

NEW MOMENTUM CORPORATION's filing tags don't support a full breakdown — here's what is filed:

Table alternative
Filed lineValue% of assetsSource
Total assets$11701100%
Cash and equivalents$781267%
Stockholders’ equity−$721979−6170%
Source: · event Dec 31, 2024 · retrieved Sep 30, 2026 · annual-row source set

Flagship explainer

What drives NEW MOMENTUM CORPORATION’s return on equity?

ROE is five filed business factors multiplied together.

DuPont return on equity factor treeReturn on equity branches into tax burden, interest burden, operating margin, asset turnover, and the equity multiplier.Return on equity21%Tax burden100%net income ÷ pretax incomeInterest burden91%pretax ÷ operating incomeOperating margin−2619883%operating income ÷ revenueAsset turnover0.00×revenue ÷ average assetsEquity multiplier-0.06×average assets ÷ average equityAs of 2024-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com
DuPont source inputs
InputValueFiscal yearSource
−$142880FY2024
Income before tax−$142880FY2024
Operating income−$157193FY2024
$6FY2024
Ending assets$11701FY2024
Beginning assets$64365FY2023
−$721979FY2024
−$657509FY2023
Source: · event Dec 31, 2024 · retrieved Sep 30, 2026 · annual-row source set
Embed this chart

Flagship explainer

Where NEW MOMENTUM CORPORATION's cash went

NEW MOMENTUM CORPORATION’s filing does not supply enough provenance-matched cash-flow lines for a truthful flow chart — here’s what is filed:

Table alternative
Filed lineValue% of cash from operationsSource
Cash from operations−$96257−100%
Depreciation and amortization$2679828%
Source: · event Dec 31, 2024 · retrieved Sep 30, 2026 · annual-row source set

Curated 19-manager tier

Who reported holding NEW MOMENTUM CORPORATION

Delayed public 13F reports for 2026-Q2—not live positions, trades, or recommendations.

0 holding0 exited0 not holding0/19 resolved19 not retrieved

Named manager positions and quarter-over-quarter changes
ManagerReported positionQuarter-over-quarterFiling accession
Abrams CapitalNot retrievedComparison not retrievedFiling not retrieved
Akre CapitalNot retrievedComparison not retrievedFiling not retrieved
Baupost GroupNot retrievedComparison not retrievedFiling not retrieved
Berkshire HathawayNot retrievedComparison not retrievedFiling not retrieved
Brave Warrior AdvisorsNot retrievedComparison not retrievedFiling not retrieved
Dodge & CoxNot retrievedComparison not retrievedFiling not retrieved
First EagleNot retrievedComparison not retrievedFiling not retrieved
FundsmithNot retrievedComparison not retrievedFiling not retrieved
Gardner Russo & QuinnNot retrievedComparison not retrievedFiling not retrieved
Gates Foundation TrustNot retrievedComparison not retrievedFiling not retrieved
Mairs & PowerNot retrievedComparison not retrievedFiling not retrieved
Markel / Markel-GaynerNot retrievedComparison not retrievedFiling not retrieved
Oakmark / Harris AssociatesNot retrievedComparison not retrievedFiling not retrieved
Pershing SquareNot retrievedComparison not retrievedFiling not retrieved
Polen CapitalNot retrievedComparison not retrievedFiling not retrieved
Sequoia / Ruane CunniffNot retrievedComparison not retrievedFiling not retrieved
Southeastern Asset ManagementNot retrievedComparison not retrievedFiling not retrieved
Tweedy, BrowneNot retrievedComparison not retrievedFiling not retrieved
Yacktman Asset ManagementNot retrievedComparison not retrievedFiling not retrieved

Position size uses shares and filed value from each manager’s 13F. Portfolio weight uses the eligible long-share filing denominator. Changes compare only with the immediately preceding calendar quarter.

Source: Filing source not retrieved · event Jun 30, 2026 · retrieved Sep 30, 2026

Flagship explainer

What NEW MOMENTUM CORPORATION insiders reported

The complete Form 4 source snapshot retrieved on Oct 20, 2026 contains no transaction rows.

Verified empty: the retrieved source snapshot contains no transaction event.

Source snapshot retrieved 2026-10-20T07:00:04.208Z · SEC Form 4

Moat Score history

20 logged readings since Jul 17, 2026 · append-only, never rewritten

Moat Score over timeLast scored reading of each day, on the 0–100 scale18.3 / 100
0406080100WideNarrowShallowNo moatJul 20, 2026Sep 30, 2026

Breaks in the line mark methodology or normalizer upgrades — readings across versions aren’t compared, so a level shift there isn’t a change in the business.

Tier changesSame-methodology and same-normalizer crossings of the Wide / Narrow / Shallow bars

  1. Normalizer upgraded unstamped (version unknown)tomoat-xbrl-normalizer@1.1.0 — readings across versions aren’t comparedJul 26, 2026
  2. Methodology upgraded moat-index@2.0.0tomoat-index@3.0.0 — readings across versions aren’t comparedJul 23, 2026
  3. Methodology upgraded moat-index@1.2.0tomoat-index@2.0.0 — readings across versions aren’t comparedJul 20, 2026

Scores are logged append-only and never overwritten — this record cannot be reconstructed retroactively, which is exactly why it’s worth keeping.

Insider activity

Form 4 reports mix P/S market or private transactions with compensation-plan mechanics. Activity casually described as “insider selling” can include compensation mechanics; awards, tax withholding, and option exercises are shown by their exact filed class here, never collapsed into “Bought” or “Sold.”

These are disclosed filing facts and arithmetic aggregates, not a signal or verdict.

This machine-readable surface covers SEC ownership filings from 2003; it does not represent earlier paper-era records.

No reported Form 4 transactions were found in the complete checked issuer window for NNAX, –. The totals and cluster result below are arithmetic over that certified window.

$0
P purchases minus S sales only, Oct 21, 2025–Oct 21, 2026.
0 P / 0 S
Only P and S are included; awards, gifts, exercises, withholding, and other mechanics are excluded.
No
Requires at least 3 distinct insiders with P purchases.

Transaction-code histogram

Supporting event counts for the same certified window, Oct 21, 2025–Oct 21, 2026.

P
0
S
0
A
0
F
0
M
0
G
0
C
0
J
0
W
0

Retrieved .

Track record

How NEW MOMENTUM CORPORATION’s moat rated in each of the years we can reconstruct from its filings — scored only on what was knowable at the time — and what its price and returns did afterward. The score never saw a price; the two are joined only in hindsight, for education, not as a signal.

Point-in-time scores 2011–2025, one methodology version · reconstructed from filings on file each Dec 31 — never with hindsight

Point-in-time Moat Score (dot colored by tier)Indexed price (total-return (dividends reinvested))Rated Wide-moat that year

How to read this: each dot is what the engine would have scored NNAX on that December 31; the line below is its total-return price path (dividends reinvested) in the years since.

0406080100WideNarrowShallowNo moatPoint-in-time Moat Score0.5125102050100Indexed price · log scale (2021 = 100)201120142017202020232026

Two tracks, one timeline: the score has its own 0–100 scale (top), the price its own 100-based scale (bottom) — never a shared axis. The price path is a total-return (dividends reinvested) index built from the same data the forward returns use; gaps in the score line are years with no reconstructed rating (see the table for why). The Table view carries every value.

What followed, in the years it rated Wide

In the reconstructed history shown, NNAX did not rate Wide-moat in any year, so there is no wide-moat track record to report. That absence is itself the honest answer — we don’t manufacture a comparison where the rating never earned one.

Consumer Discretionary context

#474 of 487 scored Consumer Discretionary companies, ranked by Moat Score.

Nearest peers by Moat Score

  1. #472RMSL REMSLEEP HOLDINGS, INC.19.5 out of 100, No moatNo moat
  2. #473CULP CULP INC18.7 out of 100, No moatNo moat
  3. #475GFLT GenFlat Holdings, Inc.18.3 out of 100, No moatNo moat
  4. #476AMZE AMAZE HOLDINGS, INC.17.8 out of 100, No moatNo moat

Compare NNAX with its nearest peers →All Consumer Discretionary companies on the Index →

Common questions about NNAX

Does NEW MOMENTUM CORPORATION have an economic moat?
Based on its FY2024 SEC filings, the Moat Index scores NEW MOMENTUM CORPORATION (NNAX) 18.3 out of 100 — below the Shallow-moat bar, so no moat. The five questions behind that score begin at 20% each; if exactly one genuinely lacks data, the other four weights are renormalized and disclosed. revenue and EPS trend 20, pricing power 0, returns on capital 0, balance-sheet safety 28, capital allocation 44.
How has NNAX's Moat Score changed over time?
The record logs 20 readings since Jul 17, 2026; the latest reads 18.3 out of 100 (no moat). No tier changes on record yet. (Methodology or normalizer upgrades on Jul 20, 2026, Jul 23, 2026, Jul 26, 2026 re-based the score; readings across versions aren't compared.) The history is append-only — readings are only ever added, never rewritten.