Company Analysis

Newton Golf Company, Inc. (NWTG)

Nasdaq: NWTG · Sporting & Athletic Goods, NEC · Camarillo, CA · filing with the SEC since 2022
Grade4.8
◀ Past 4.1● Present 3.2▶ Future 7.5
1 est.

The grade of Newton Golf Company, Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.8/10
◀ Past4.130% of the headline
● Present3.240% of the headline
▶ Future7.530% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.1/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
1.1/10

Has it survived what it has been through?

8 warning events since 2022; the latest 2026-10-13.

weight 33% of this tense · 12th percentile among 13 sector filers · read for itself

From the record

Newton Golf Company, Inc.'s filings since 2022 show 8 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 7 times, the latest 2026-10-13); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2025-04-01) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.3/10

What has it actually done, year after year?

+249.7% a year over 4 filed years; profitable in 0 of 4.

weight 45% of this tense · 73rd percentile among 12 sector filers · read for its customers

From the record

Newton Golf Company, Inc.'s 4 filed years say what it did: revenue went from $190 thousand in fiscal 2022 to $8 million in fiscal 2025, up 249.7% a year; it rose in 3 of 3 years; it never fell from a peak; net income was positive in 0 of 4 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span249.7%top 4% of its family
  • the share of years revenue rosetop 8% of its family
  • the share of filed years with a profitbottom 13% of its family
  • the deepest fall from a revenue peak0.0%top 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
2.1/10

How has it treated the people who own it?

SI estimate 2.1/10, confidence 35 of 100 (one part).

weight 22% of this tense · 21st percentile among 12 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 21% of 12 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 12 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Newton Golf Company, Inc.'s shareholder treatment is put at 2.1 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 21% of 12 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

3.2/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
3.5/10

Is it financially healthy right now?

ROE -650%: lost 650¢ per shareholder dollar. Leverage 72%: owes 72¢ per asset dollar.

weight 45% of this tense · 36th percentile among 12 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Newton Golf Company, Inc. lost about 650 cents for every dollar of shareholders' money, and gross profitability: its products earned about 138 cents per dollar of everything the company owns. Leverage: it owed about 72 cents per dollar of assets, and net share issuance: its share count grew 5516.8% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 29% of its family
  • return on equitybottom 5% of its family
  • gross profit against assetstop 4% of its family
  • the share count against the year beforebottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
4.3/10

How strong is its position in its industry?

bottom 43% of 12 in its family; net margin -74%.

weight 33% of this tense · 43rd percentile among 12 sector filers · read for its customers

From the record

Newton Golf Company, Inc.'s standing among 12 graded names in its industry family: revenue of $8 million in fiscal 2025 ranks in the bottom 13% by size; a net margin of -74% ranks in the bottom 21%; revenue growth of 249.7% a year over the last 3 filed years ranks in the top 4% (its annual reports).

What it rests on

  • revenue against the family$8.1Mbottom 13% of its family
  • net margin-74.0%bottom 21% of its family
  • three-year revenue growth249.7%top 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
1.0/10

What are the people in charge doing?

bottom 10% of 9 in its family for leadership; chief executive since 2025.

weight 22% of this tense · 10th percentile among 9 sector filers · read for its shareholders

From the record

Newton Golf Company, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Campbell, Gregor Alasdair (Executive Chairman & CEO, as filed), filing under that title since 2025-06-09, 1.4 years (bottom 19% of its family); the 7 officers and directors filing in the last fifteen months have been on the record a median of 1.9 years (bottom 6%); 16 officer or director changes were reported on Form 8-K since 2023-11-13, against the 7 people in charge now (bottom 6%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge16 in three years among 7 peoplebottom 6% of its family
  • the median years the people in charge have filed1.9 yearsbottom 6% of its family
  • the chief executive's years on the record1.4 yearsbottom 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

7.5/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
7.0/10

How much room does it have to grow?

top 30% of 12 in its family for room to expand.

weight 45% of this tense · 70th percentile among 12 sector filers · read for itself

From the record

Newton Golf Company, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $1 million against no long-term debt tagged leaves 39.3% of its assets as net cash, top 4% of its family; cash from operations less capital spending is -69.3% of revenue (bottom 13%); a gross margin of 56% (top 12%); research spending of 9.6% of revenue (top 15%) (its annual report).

What it rests on

  • cash less debt against assets39.3%top 4% of its family
  • cash from operations less capital spending against revenue-69.3%bottom 13% of its family
  • gross margin56.0%top 12% of its family
  • research spending against revenue9.6%top 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
9.2/10

What could actually drive growth from here?

top 9% of 12 in its family for growth drivers.

weight 33% of this tense · 91st percentile among 12 sector filers · read for its customers

From the record

Newton Golf Company, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 249.7% a year over the last three filed years against 249.7% over all 4, speeding up (top 21% of its family); the newest year grew 136.3% (top 4%); research spending grew 120.1% a year (top 5%); capital spending grew 84.2% a year (top 4%) (its annual reports). Newton Golf Company, Inc. reported 2 product lines in fiscal 2025: Driver and Fairway Shafts at $8 million (99%), Putters at $68 thousand (1%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+0.0 points a yeartop 21% of its family
  • the newest year's revenue growth136.3%top 4% of its family
  • three-year growth of research spending120.1%top 5% of its family
  • three-year growth of capital spending84.2%top 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.8/10

Did its newest year beat what its own record pointed to?

top 42% of 10 in its family for expectations against reality.

weight 22% of this tense · 58th percentile among 10 sector filers · read for its shareholders

From the record

Newton Golf Company, Inc.'s newest year against its own record: revenue of $8 million in fiscal 2025 came in 44.5% below the $15 million its prior three years' pace pointed to (bottom 5% of its family); net income of $6 million against a prior three-year average of $7 million (top 25%); a net margin of -74% against losses larger than its revenue before (top 5%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-44.5%bottom 5% of its family
  • net income against the prior three years' average+9%top 25% of its family
  • net margin against its prior averageup more than 100 pointstop 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton NWTG · research, not advice