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/NWTG
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NWTG

NWTG

NWTG
$1.08USD↓-6.09%-0.07 today

MARKET CAP

5.0M

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$1 – $1

52W RANGE

$1
$2

The case for & against

Bull & Bear analysis

Bearish

Newton Golf Company (NASDAQ: NWTG) is an emerging player in the premium golf equipment market, specializing in high-performance shaft technologies. The brand is strategically seeking to capitalize on growth opportunities within the professional fitting market and international distribution channels, addressing notable consumer demand and operational scaling challenges. Their recent operational adjustments and innovative product launches position them favorably in an evolving golf market that prioritizes quality and performance.

Bull says

  • ↑$1.2M in customer deposits underlines a robust order backlog.
  • ↑EPS expected to recover from –$0.48 to +$0.15 within 12 months.
  • ↑South Korea expansion secures early distribution partnerships.
  • ↑$5M revolver and $2.3M note exchange extend cash runway.
  • ↑Hiring of veteran manufacturing executive to boost efficiency.
  • ↑Premium shaft innovation and pro endorsements strengthen moat.

Bear says

  • ↓Q1 revenue down 18% YoY to $1M due to reduced capacity.
  • ↓Net loss widened to $2.7M (–$0.58/share), heightening cash burn.
  • ↓Earnings yield deeply negative and profitability metrics remain weak.
  • ↓Leverage is elevated, straining the balance sheet amid losses.
  • ↓Rising short interest and Sell consensus reflect poor sentiment.
  • ↓60K–70K shaft capacity may cap revenue if not expanded.

Earnings Call · Q3 2025 · Mgmt. Guidance

Updated 06-14-2026bullish

Transcript signals

Bull points

  • For the three months ended September 30th, 2025, we reported revenue of $2.6 million, a 113% increase from the $1.2 million in Q3 2024.
  • We reported gross profit of $1.7 million, up 115% year over year, with gross margin steady at 67%.
  • When the nine months ended September 30th, 2025, we reported revenue of $5.9 million, up 147% year over year. Our gross profit reached $4 million, up 166% year over year, with a 68% gross margin.

Bear points

  • We reported a net loss of $1.6 million, or a loss of $0.34 per share, compared to a loss of $1.1 million, or a loss of $21.79 per share in Q3 2024.
  • Net loss for the period was $3.6 million, or a loss of $1.07 per share, compared to $3.4 million, or a loss of $70.05 per share, for the same period last year.
Read full transcript analysis ›