NNAX (New Momentum) Total Equity : $-0.65 Mil (As of Sep. 2024)

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What is New Momentum Total Equity?

New Momentum's total equity for the quarter that ended in Sep. 2024 was $-0.65 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

New Momentum Total Equity Historical Data

The historical data trend for New Momentum's Total Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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New Momentum Total Equity Chart

New Momentum Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Equity

-0.09

-0.16

-0.31

-0.48

-0.66

New Momentum Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Equity	Get a 7-Day Free Trial															-0.65	-0.66	-0.59	-0.61	-0.65

New Momentum Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

New Momentum's Total Equity for the fiscal year that ended in Dec. 2023 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2023 )	-	Total Liabilities(Q: Dec. 2023 )
	=	0.064	-	0.722
	=	-0.66

New Momentum's Total Equity for the quarter that ended in Sep. 2024 is calculated as

Total Equity	=	Total Assets(Q: Sep. 2024 )	-	Total Liabilities(Q: Sep. 2024 )
	=	0.042	-	0.688
	=	-0.65

New Momentum Total Equity Related Terms

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New Momentum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » New Momentum Corp (OTCPK:NNAX) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 Cecil Street, No.08-01, Singapore, SGP, 069543

Website

https://www.gagfare.com

New Momentum Corp develops and operates an online ticketing platform named Gagfare.com, which provides a ticketing system for individuals and agencies to search, book, and issue flight tickets and other services. It also offers its services through its app. The company records its revenue from booking income upon the ticket booking service is rendered to travelers. It also records its revenue from the sale of air tickets upon the confirmation and issuance of tickets to the travelers.

Executives

Leung Tin Lung David	director, 10 percent owner, officer: President, Sec. and Treasurer	112 NORTH CURRY STREET, CARSON CITY NV 89703
Kin Hon Chu	director, 10 percent owner	UNIT 19, 35/F., TOWER 1, MILLENNIUM CITY 1, NO. 388 KWUN TONG ROA, KWUN TONG, KOWLOON K3 00000
Michael Vardakis	director	234 7TH AVE, SALT LAKE CITY UT 84103
Amee Han Lombardi	director, 10 percent owner, officer: Pres; Sec; Treasurer	5925 STARCREST AVENUE, RENO NV 89523

New Momentum Headlines

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