Newtek Business Services Corp. 5.50% Notes Due 2026
NASDAQ: NEWTZ · OTHER · OTHER
Updated 2026-01-29
Newtek Business Services Corp. 5.50% Notes Due 2026 (NEWTZ) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $240.74M | $217.82M | $169.53M | $136.08M | $165.01M | $129.79M | $152.74M | $198.61M | $301.83M | $352.43M | $401.45M | $519.61M | $653.34M | $797.41M | $840.98M | $1.06B | $998.90M | $1.43B | $2.06B | $2.74B |
| Cash & equivalents | $26.68M | $25.37M | $16.85M | $12.58M | $10.38M | $11.20M | $14.23M | $12.51M | $17.81M | $4.31M | $2.05M | $2.46M | $2.32M | $1.76M | $2.07M | $2.40M | $53.69M | $153.09M | $353.15M | $310.29M |
| Current assets | $69.83M | $159.59M | $117.08M | $90.45M | $52.00M | $40.72M | $51.15M | $85.28M | $39.39M | $62.35M | $29.08M | $31.34M | $77.21M | $89.89M | $112.98M | $242.54M | $654.91M | $291.35M | $459.88M | — |
| Total liabilities | $180.54M | $136.02M | $113.45M | $82.06M | $109.42M | $70.64M | $83.84M | $121.60M | $135.41M | $148.48M | $192.36M | $241.28M | $365.90M | $475.19M | $501.63M | $652.67M | $623.54M | $1.18B | $1.76B | $2.35B |
| Current liabilities | $94.84M | $89.34M | $79.90M | $13.81M | $15.09M | $15.83M | $5.58M | $8.94M | $8.13M | $12.47M | $9.27M | $10.15M | $45.09M | $39.16M | $11.38M | $10.94M | $77.24M | $534.91M | $1.08B | $95.35M |
| Long-term debt | — | — | — | — | — | — | — | — | $124.77M | $126.97M | $169.84M | $209.25M | — | — | — | — | — | — | — | — |
| Shareholder equity | $55.60M | $56.58M | $53.77M | $52.41M | $54.28M | $57.97M | $66.85M | $75.34M | $166.42M | $203.95M | $209.09M | $278.33M | $287.44M | $322.23M | $339.35M | $403.89M | $375.36M | $249.05M | $296.28M | $397.57M |
| Retained earnings | $31.46M | $20.25M | $-4.54M | $-4.97M | $-3.44M | $45000.00 | $7.01M | $14.54M | $-2.52M | $4.44M | $8.09M | $14.79M | $32.57M | $31.85M | $22.29M | $35.74M | $20.62M | $28.05M | $57.77M | $94.99M |
| Accounts receivable | $7.10M | $3.96M | $5.54M | $11.48M | $22.05M | $13.09M | $27.57M | $25.21M | $3.19M | $35.14M | $6.15M | $10.79M | $45.85M | $51.17M | $52.73M | $48.93M | $1.34M | $136.83M | $106.73M | $438000.00 |
| Inventory | — | — | $8.37M | $14.24M | $18.56M | — | $-11.01M | $15.13M | — | $35000.00 | $35000.00 | $9000.00 | $9000.00 | $118.80M | $110.27M | $235.79M | — | — | — | — |
| Goodwill | $10.57M | $13.00M | $12.09M | $12.09M | $12.09M | $12.09M | $12.09M | $12.09M | — | — | — | — | — | — | — | — | — | $25.89M | $14.09M | — |
Frequently asked questions
How profitable is NEWTZ?
In its most recent fiscal year, NEWTZ ran a gross margin of 75.29%, an operating margin of 42.46%, and a net margin of 18.78%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does NEWTZ generate?
NEWTZ produced $-153.45M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is NEWTZ's balance sheet healthy?
NEWTZ holds $310.29M in cash and equivalents against — in long-term debt, on $397.57M of shareholder equity. That debt is best read against the cash flow the business throws off each year.