Newton Golf Company(NWTG)Earnings, Financials & Key Ratios
NWTG•NASDAQ
$1.18
$77761 mkt cap·Price updated May 6, 2026
AboutNewton Golf Company, a technology-forward golf company, manufactures and sells golf products. The company provides putting instruments, golf shafts, golf grips, and other golf-related products. It also offers online custom fitting programs. The company sells its products through e-commerce, distributors, wholesale customers, including pro-shops at golf courses and off-course retailers, sporting goods retailers, online retailers, third-party distributors, and through Club Champion Golf, as well as through mass merchants and corporate customers in the Americas, Asia, and Europe. The company was formerly known as Sacks Parente Golf, Inc. and changed its name to Newton Golf Company in March 2025. The company was incorporated in 2018 and is based in Camarillo, California.Show more
- Revenue$3M+887.1%
- EBITDA-$5M-4.6%
- Net Income-$12M-154.1%
- EPS (Diluted)-178.33-57.3%
- Gross Margin66.01%+88.8%
- EBITDA Margin-139.71%+89.4%
- Operating Margin-144.5%+89.1%
- Net Margin-341.13%+74.3%
- ROE-3897.84%-1546.8%
- Interest Coverage-0.72
NWTG Key Insights
Newton Golf Company (NWTG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
No significant strengths identified
✗Weaknesses
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 14 (bottom 14%)
- ✗Low quality earnings: Net income not backed by cash flow
- ✗Shares diluted 61.6% in last year
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NWTG Price & Volume
Newton Golf Company (NWTG) stock price & volume — 10-year historical chart
Loading chart...
NWTG Growth Metrics
Newton Golf Company (NWTG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years158.26%
TTM178.24%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-128.11%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-70.99%
Return on Capital
10 Years-755.38%
5 Years-755.38%
3 Years-755.38%
Last Year-1303.14%
NWTG Peer Comparison
Newton Golf Company (NWTG) competitors in Golf Courses, Clubs and Equipment — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 GOLF | 5.03B | 85.95 | 27.73 | 4.14% | 6.54% | 20.79% | 1.37 | |
 DKS | 20.6B | 226.50 | 22.72 | 28.06% | 4.93% | 0.06% | 0.00 | |
 MODG | 2.32B | 12.59 | -1.60 | -1.06% | -37.06% | -60.79% | 1.72 | |
 CLAR | 112.9M | 2.94 | -2.43 | -5.25% | -18.59% | -21.24% | ||
 YETI | 3.31B | 42.46 | 20.92 | 2.11% | 8.75% | 22.82% | 0.25 | |
 XPOF | 247.38M | 6.63 | -4.51 | -1.71% | -11.08% | |||
 NKE | 52.26B | 43.88 | 20.31 | -9.84% | 5.43% | 17.92% | 0.83 | |
 UA | 1.27B | 6.25 | -13.30 | -9.43% | -10.44% | -36.22% | 0.69 |
Compare NWTG vs Peers
Newton Golf Company (NWTG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NWTG Income Statement
Newton Golf Company (NWTG) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Sales/Revenue | 182K | 200K | 190K | 349K | 3.44M | 6.93M |
| Revenue Growth % | - | 9.89% | -5% | 83.68% | 887.11% | 178.24% |
| Cost of Goods Sold | 41K | 116K | 110K | 227K | 1.17M | 2.17M |
| COGS % of Revenue | 22.53% | 58% | 57.89% | 65.04% | 33.99% | - |
| Gross Profit | 141K▲ 0% | 84K▼ 40.4% | 80K▼ 4.8% | 122K▲ 52.5% | 2.27M▲ 1763.9% | 4.76M▲ 0% |
| Gross Margin % | 77.47% | 42% | 42.11% | 34.96% | 66.01% | 68.66% |
| Gross Profit Growth % | - | -40.43% | -4.76% | 52.5% | 1763.93% | - |
| Operating Expenses | 614K | 378K | 2.95M | 4.75M | 7.25M | 11.17M |
| OpEx % of Revenue | 337.36% | 189% | 1551.05% | 1362.46% | 210.51% | - |
| Selling, General & Admin | 601K | 359K | 2.87M | 4.5M | 6.51M | 10.42M |
| SG&A % of Revenue | 330.22% | 179.5% | 1512.63% | 1288.54% | 188.94% | - |
| Research & Development | 13K | 19K | 73K | 258K | 743K | 752K |
| R&D % of Revenue | 7.14% | 9.5% | 38.42% | 73.93% | 21.57% | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | -473K▲ 0% | -294K▲ 37.8% | -2.87M▼ 875.2% | -4.63M▼ 61.6% | -4.98M▼ 7.4% | -6.41M▲ 0% |
| Operating Margin % | -259.89% | -147% | -1508.95% | -1327.51% | -144.5% | -92.53% |
| Operating Income Growth % | - | 37.84% | -875.17% | -61.6% | -7.45% | - |
| EBITDA | 0 | 0 | -2.86M | -4.6M | -4.81M | -6.13M |
| EBITDA Margin % | - | - | -1503.16% | -1318.34% | -139.71% | -88.41% |
| EBITDA Growth % | - | - | - | -61.1% | -4.61% | -15.1% |
| D&A (Non-Cash Add-back) | 473K | 294K | 11K | 32K | 165K | 285K |
| EBIT | -473K | -294K | -2.87M | -4.63M | -4.98M | -6.41M |
| Net Interest Income | -6K | -8K | -64K | 8K | -6.75M | -6.8M |
| Interest Income | 0 | 0 | 0 | 8K | 161K | 116K |
| Interest Expense | 6K | 8K | 64K | 0 | 6.91M | 6.91M |
| Other Income/Expense | -6K | -8K | -638K | 8K | -6.77M | -5.56M |
| Pretax Income | -479K▲ 0% | -302K▲ 37.0% | -3.5M▼ 1060.6% | -4.63M▼ 32.0% | -11.75M▼ 154.1% | -11.97M▲ 0% |
| Pretax Margin % | -263.19% | -151% | -1844.74% | -1325.21% | -341.13% | -172.69% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -479K▲ 0% | -302K▲ 37.0% | -3.5M▼ 1060.6% | -4.63M▼ 32.0% | -11.75M▼ 154.1% | -11.97M▲ 0% |
| Net Margin % | -263.19% | -151% | -1844.74% | -1325.21% | -341.13% | -172.69% |
| Net Income Growth % | - | 36.95% | -1060.6% | -31.95% | -154.1% | -128.11% |
| Net Income (Continuing) | -479K | -302K | -3.5M | -4.63M | -11.75M | -11.97M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -15.67▲ 0% | -9.88▲ 36.9% | -100.78▼ 920.0% | -113.38▼ 12.5% | -178.33▼ 57.3% | -260.08▲ 0% |
| EPS Growth % | - | 36.95% | -920.04% | -12.5% | -57.29% | -70.99% |
| EPS (Basic) | -15.67 | -9.88 | -100.78 | -113.38 | -178.33 | - |
| Diluted Shares Outstanding | 30.57K | 30.57K | 34.78K | 40.79K | 65.9K | 46.02K |
| Basic Shares Outstanding | 30.57K | 30.57K | 34.78K | 40.79K | 65.9K | 46.02K |
| Dividend Payout Ratio | - | - | - | - | - | - |
NWTG Balance Sheet
Newton Golf Company (NWTG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Total Current Assets | 197K | 259K | 331K | 5.83M | 8.95M | 4.2M |
| Cash & Short-Term Investments | 100K | 184K | 147K | 5.34M | 7.65M | 2.55M |
| Cash Only | 100K | 184K | 147K | 5.34M | 7.65M | 2.55M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1K | 11K | 2K | 53K | 115K | 85K |
| Days Sales Outstanding | 2.01 | 20.07 | 3.84 | 55.43 | 12.18 | 6.87 |
| Inventory | 92K | 44K | 142K | 248K | 913K | 1.17M |
| Days Inventory Outstanding | 819.02 | 138.45 | 471.18 | 398.77 | 284.58 | 174.73 |
| Other Current Assets | 0 | 0 | 24K | 0 | 0 | 0 |
| Total Non-Current Assets | 4K | 4K | 379K | 559K | 814K | 1.06M |
| Property, Plant & Equipment | 0 | 0 | 144K | 444K | 750K | 982K |
| Fixed Asset Turnover | - | - | 1.32x | 0.79x | 4.59x | 7.88x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 110K | 59K | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 4K | 4K | 235K | 5K | 5K | 89K |
| Total Assets | 201K▲ 0% | 263K▲ 30.8% | 710K▲ 170.0% | 6.39M▲ 800.6% | 9.77M▲ 52.7% | 5.25M▲ 0% |
| Asset Turnover | 0.91x | 0.76x | 0.27x | 0.05x | 0.35x | 0.93x |
| Asset Growth % | - | 30.85% | 169.96% | 800.56% | 52.74% | 218.79% |
| Total Current Liabilities | 711K | 800K | 2.17M | 475K | 14.92M | 2.13M |
| Accounts Payable | 45K | 9K | 97K | 401K | 572K | 1.13M |
| Days Payables Outstanding | 400.61 | 28.32 | 321.86 | 644.78 | 178.29 | 161.62 |
| Short-Term Debt | 303K | 308K | 921K | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 3K | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 3K | 0 | 36K | 43K | 14.31M | 965K |
| Current Ratio | 0.28x | 0.32x | 0.15x | 12.28x | 0.60x | 0.60x |
| Quick Ratio | 0.15x | 0.27x | 0.09x | 11.76x | 0.54x | 0.54x |
| Cash Conversion Cycle | 420.42 | 130.2 | 153.16 | -190.58 | 118.47 | 19.98 |
| Total Non-Current Liabilities | 650K | 900K | 426K | 129K | 32K | 65K |
| Long-Term Debt | 650K | 900K | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 6K | 34K | 0 | 130K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 420K | 95K | 32K | 54K |
| Total Liabilities | 1.36M | 1.7M | 2.59M | 604K | 14.95M | 2.2M |
| Total Debt | 953K | 1.21M | 944K | 65K | 34K | 106K |
| Net Debt | 853K | 1.02M | 797K | -5.27M | -7.62M | -2.44M |
| Debt / Equity | - | - | - | 0.01x | - | 0.03x |
| Debt / EBITDA | - | - | - | - | - | -0.02x |
| Net Debt / EBITDA | - | - | - | - | - | 0.40x |
| Interest Coverage | -78.83x | -36.75x | -44.80x | - | -0.72x | -0.93x |
| Total Equity | -1.16M▲ 0% | -1.44M▼ 23.9% | -1.88M▼ 31.0% | 5.79M▲ 407.7% | -5.19M▼ 189.6% | 3.06M▲ 0% |
| Equity Growth % | - | -23.88% | -30.97% | 407.65% | -189.59% | -121.03% |
| Book Value per Share | -37.95 | -47.01 | -54.11 | 141.94 | -78.71 | 66.38 |
| Total Shareholders' Equity | -1.16M | -1.44M | -1.88M | 5.79M | -5.19M | 3.06M |
| Common Stock | 9K | 92K | 108K | 1K | 3K | 46K |
| Retained Earnings | -1.89M | -2.19M | -5.69M | -10.32M | -22.07M | -25.69M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | -500K |
| Accumulated OCI | 125K | 150K | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 |
NWTG Cash Flow Statement
Newton Golf Company (NWTG) cash flow — operating, investing & free cash flow history
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|
| Cash from Operations | -228K | -171K | -785K | -5.05M | -4.93M | -4.93M |
| Operating CF Margin % | -125.27% | -85.5% | -413.16% | -1446.13% | -143.08% | - |
| Operating CF Growth % | - | 25% | -359.06% | -542.93% | 2.34% | -79.89% |
| Net Income | -479K | -302K | -3.5M | -4.63M | -11.75M | -11.97M |
| Depreciation & Amortization | 0 | 0 | 11K | 58K | 216K | 302K |
| Stock-Based Compensation | 0 | 25K | 0 | 668K | 308K | 146K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 62K | -19K | 2.14M | 359K | 7.11M | 6.05M |
| Working Capital Changes | 189K | 125K | 572K | -1.51M | -808K | -132K |
| Change in Receivables | 13K | -10K | 9K | -51K | -81K | 29K |
| Change in Inventory | 27K | 29K | -62K | -131K | -616K | -632K |
| Change in Payables | 18K | 0 | 0 | 0 | 0 | 576K |
| Cash from Investing | 0 | 0 | -75K | -289K | -502K | -423K |
| Capital Expenditures | 0 | 0 | -75K | -289K | -502K | -423K |
| CapEx % of Revenue | - | - | 39.47% | 82.81% | 14.57% | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | 316K | 255K | 847K | 10.5M | 7.74M | 7.26M |
| Debt Issued (Net) | 316K | 250K | 150K | -921K | 0 | 0 |
| Equity Issued (Net) | 0 | 0 | 420K | 11.21M | 7.79M | 7.29M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | -500K |
| Other Financing | 0 | 5K | 277K | 215K | -50K | -35K |
| Net Change in Cash | 100K▲ 0% | 84K▼ 16.0% | -13K▼ 115.5% | 5.17M▲ 39846.2% | 2.31M▼ 55.3% | 1.24M▲ 0% |
| Free Cash Flow | -228K▲ 0% | -171K▲ 25.0% | -860K▼ 402.9% | -5.34M▼ 520.5% | -5.43M▼ 1.8% | -6.02M▲ 0% |
| FCF Margin % | -125.27% | -85.5% | -452.63% | -1528.94% | -157.65% | -86.89% |
| FCF Growth % | - | 25% | -402.92% | -520.47% | -1.78% | -13.11% |
| FCF per Share | -7.46 | -5.59 | -24.73 | -130.81 | -82.41 | -82.41 |
| FCF Conversion (FCF/Net Income) | 0.48x | 0.57x | 0.22x | 1.09x | 0.42x | 0.50x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 |
NWTG Key Ratios
Newton Golf Company (NWTG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | -236.69% | -3897.84% | -566.85% |
| Return on Invested Capital (ROIC) | - | - | - | - | 169.34% |
| Gross Margin | 42% | 42.11% | 34.96% | 66.01% | 68.66% |
| Net Margin | -151% | -1844.74% | -1325.21% | -341.13% | -172.69% |
| Debt / Equity | - | - | 0.01x | - | 0.03x |
| Interest Coverage | -36.75x | -44.80x | - | -0.72x | -0.93x |
| FCF Conversion | 0.57x | 0.22x | 1.09x | 0.42x | 0.50x |
| Revenue Growth | 9.89% | -5% | 83.68% | 887.11% | 178.24% |
NWTG Frequently Asked Questions
Newton Golf Company (NWTG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Newton Golf Company (NWTG) reported $6.9M in revenue for fiscal year 2024. This represents a 3708% increase from $0.2M in 2020.
Newton Golf Company (NWTG) grew revenue by 887.1% over the past year. This is strong growth.
Newton Golf Company (NWTG) reported a net loss of $12.0M for fiscal year 2024.
Dividend & Returns
Newton Golf Company (NWTG) has a return on equity (ROE) of -3897.8%. Negative ROE indicates the company is unprofitable.
Newton Golf Company (NWTG) had negative free cash flow of $6.0M in fiscal year 2024, likely due to heavy capital investments.
Explore More NWTG
Newton Golf Company (NWTG) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates