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Newton Golf Company
(NASDAQ:NWTG)
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Rating:45Neutral
Price Target:
$1.00
▼(-18.70% Downside)
Action:Reiterated
Date:09/26/26
The score is primarily held down by weak financial performance: persistent large losses, ongoing cash burn, and negative TTM equity materially increase risk. Technicals also lean bearish with the stock below major moving averages and negative MACD. Corporate events modestly help by improving funding access and restructuring obligations, but they also signal continued dependence on external capital and added governance complexity; valuation provides limited support due to negative earnings and no dividend yield data.
Positive Factors
Revenue Scale and Gross Margin
Revenue has scaled from very small 2021–2023 levels to $8.1M in 2025, while TTM gross margin remains about 54%. This indicates a developed revenue base and meaningful gross-profit capture, providing a platform for operating leverage if costs become better aligned with sales.
Negative Factors
Persistent Unprofitability
The company is not converting gross profit into operating or net earnings: TTM net margin is about -103% and losses have persisted across reported periods. Costs therefore remain far above the current revenue base, limiting self-funded growth and making profitability improvement central to durable financial stability.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Scale and Gross Margin
Revenue has scaled from very small 2021–2023 levels to $8.1M in 2025, while TTM gross margin remains about 54%. This indicates a developed revenue base and meaningful gross-profit capture, providing a platform for operating leverage if costs become better aligned with sales.
Read all positive factors
Newton Golf Company (NWTG) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$6.60M
Dividend YieldN/A
Average Volume (3M)75.11K
Price to Earnings (P/E)―
Beta (1Y)0.68
Revenue Growth28.80%
EPS Growth92.99%
CountryUS
Employees38
SectorConsumer Cyclical
Sector Strength84
IndustryLeisure
Share Statistics
EPS (TTM)-1.41
Shares Outstanding5,637,355
10 Day Avg. Volume189,568
30 Day Avg. Volume75,113
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)6.00
Price to Sales (P/S)0.68
P/FCF Ratio-0.99
Enterprise Value/Market Cap0.83
Enterprise Value/Revenue0.77
Enterprise Value/Gross Profit1.43
Enterprise Value/Ebitda-0.77
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-1.67
Revenue Forecast (FY)$10.90M
Newton Golf Company Business Overview & Revenue Model
Company Description
Founded in 2018 and based in Camarillo, California, Newton Golf Company, which was formerly known as Sacks Parente Golf, Inc. until its rebranding in March 2025, is a technologically advanced enterprise focused on manufacturing and retailing golf ...
How the Company Makes Money
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Newton Golf Company Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
10
Very Negative
| Breakdown | TTM | Mar 2026 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.16M | 8.13M | 3.44M | 349.00K | 190.00K | 200.00K |
| Gross Profit | 3.84M | 4.55M | 2.27M | 122.00K | 80.00K | 84.00K |
| EBITDA | -7.14M | -5.68M | -4.62M | -4.58M | -2.86M | 0.00 |
| Net Income | -8.91M | -6.02M | -11.75M | -4.63M | -3.50M | -302.00K |
Balance Sheet | ||||||
| Total Assets | 2.49M | 3.30M | 9.77M | 6.39M | 710.00K | 263.00K |
| Cash, Cash Equivalents and Short-Term Investments | 442.00K | 1.30M | 7.65M | 5.34M | 147.00K | 184.00K |
| Total Debt | 2.07M | 84.00K | 34.00K | 65.00K | 944.00K | 1.21M |
| Total Liabilities | 5.99M | 2.37M | 14.95M | 604.00K | 2.59M | 1.70M |
| Stockholders Equity | -3.50M | 926.00K | -5.19M | 5.79M | -1.88M | -1.44M |
Cash Flow | ||||||
| Free Cash Flow | -5.55M | -5.63M | -5.43M | -5.34M | -860.00K | -171.00K |
| Operating Cash Flow | -5.20M | -5.17M | -4.93M | -5.05M | -785.00K | -171.00K |
| Investing Cash Flow | -347.00K | -469.00K | -502.00K | -289.00K | -75.00K | 0.00 |
| Financing Cash Flow | 1.99M | -717.00K | 7.74M | 10.50M | 847.00K | 255.00K |
Newton Golf Company Technical Analysis
Negative
1.23
Price Trends
1.19
Negative
1.09
Positive
1.28
Negative
Market Momentum
-0.01
Negative
49.51
Neutral
72.58
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NWTG, the sentiment is Negative. The current price of 1.23 is above the 20-day moving average (MA) of 1.12, above the 50-day MA of 1.19, and below the 200-day MA of 1.28, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 49.51 is Neutral, neither overbought nor oversold. The STOCH value of 72.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NWTG.
Newton Golf Company Risk Analysis
Newton Golf Company disclosed 56 risk factors in its most recent earnings report. Newton Golf Company reported the most risks in the "Ability to Sell" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Newton Golf Company Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $258.39M | 11.25 | 13.11% | 3.23% | 0.97% | 80.59% | |
64 Neutral | $4.71B | 21.51 | 25.98% | 1.26% | 8.77% | -2.02% | |
64 Neutral | $202.82M | -52.53 | -2.35% | ― | -5.84% | 13.11% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
55 Neutral | $455.87M | -56.92 | -1.90% | 2.97% | 17.49% | 82.16% | |
45 Neutral | $6.60M | -0.81 | 3430.99% | ― | 28.80% | 92.99% |
* Consumer Cyclical Sector Average
NWTG
Newton Golf Company
1.14
-0.65
-36.31%
ESCA
Escalade
18.78
7.63
68.49%
GOLF
Acushnet Holdings
79.14
2.07
2.69%
JOUT
Johnson Outdoors
44.40
4.23
10.54%
AOUT
American Outdoor Brands
16.30
8.78
116.76%
Newton Golf Company Corporate Events
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Newton Golf Company Completes Warrant Exchange Equity Deal
Positive
Sep 24, 2026
On September 21 and 22, 2026, Newton Golf Company, Inc. entered into warrant exchange agreements with three holders of its Series A Common Warrants issued in December 2024, resulting in the issuance of 232,202 shares of common stock in exchange fo...
Business Operations and StrategyExecutive/Board ChangesM&A TransactionsRegulatory Filings and Compliance
Newton Golf Expands Into Nevada Mining, Alters Governance
Positive
Sep 24, 2026
On September 23, 2026, Newton Golf Company entered into an Assignment and Assumption Agreement with Spartan Crest Capital and Cannon Bridge Mining Services, obtaining Spartan Crest’s exclusive option to acquire 100% of the Pole Canyon Projec...
Private Placements and FinancingRegulatory Filings and Compliance
Newton Golf Expands Private Placement with New Investor
Positive
Sep 18, 2026
Newton Golf Company, Inc. expanded its previously announced private placement of common stock, structured in multiple tranches totaling up to $5 million, with an additional closing on September 15, 2026. In this second tranche, a new investor purc...
Private Placements and FinancingRegulatory Filings and Compliance
Newton Golf Company Announces Structured Private Equity Placement
Positive
Aug 20, 2026
On August 14, 2026, Newton Golf Company, Inc. entered into a Securities Purchase Agreement for a structured private placement of its Nasdaq-listed common stock, with pricing set at least $0.01 above recent closing averages and a floor of $1.24 per...
Business Operations and StrategyDividendsPrivate Placements and FinancingRegulatory Filings and Compliance
Newton Golf Restructures Debt with Preferred Stock Exchange
Positive
Jul 9, 2026
On July 6, 2026, Newton Golf Company, Inc. entered into exchange agreements with certain holders of its existing convertible promissory notes, swapping approximately $2.3 million of debt, including accrued interest, for 24,092.61 shares of newly c...
Business Operations and StrategyPrivate Placements and Financing
Newton Golf Secures $5 Million Revolving Credit Facility
Neutral
Jul 8, 2026
On July 1, 2026, Newton Golf Company entered into a Loan and Security Agreement with Brynnwood, LLLP for a senior secured revolving credit facility of up to $5 million. The facility matures on July 1, 2028, carries interest at Daily Simple SOFR pl...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.