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Network Media Group

NTE.V
23
Entertainment · Communication Services
Price
C$0.06
+0.00 (+0.00%)
Market Cap
C$1.1M
Exchange
Toronto Stock Exchange Ventures
Winston Score
23
Winston is worried
Weak fundamentals across most pillars.
Data as of Jul 25, 2026 · filings through Nov 30, 2025

Share count falling — buybacks

76.0% over 4y

The company has reduced its share count over this period, returning value to shareholders through buybacks.

Diluted shares outstanding: 75.0M (2021) → 18.0M (2025)

Network Media Group Inc. is a Canadian entertainment company that produces and distributes content for television and digital platforms. It creates factual and lifestyle programming — things like documentary series and reality shows — and sells that content to broadcasters, streaming services, and other media buyers. The company operates primarily in Canada and targets both domestic and international distribution markets.

Network Media Group earns money by licensing its produced content to TV networks and platforms, and sometimes through co-production deals where partners share costs and rights. It is a small-cap company with a market capitalization under $100 million, competing in a crowded independent production space against larger studios with deeper budgets and stronger distribution relationships. The main growth opportunity lies in selling content to the growing number of streaming platforms hungry for programming, but the company currently operates at a loss, and its ability to consistently greenlight and sell new projects remains the central financial risk.

Winston Score History

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-59.4% YoY

YoY Growth Rate

Revenue declining

EPS Growth

-515.4% YoY

YoY Growth Rate

Earnings declining

R&D Spend

$0/ year

0.0% of revenue

Below sector average (12%)

Research and development spending

Insider Activity

16.4%ownership

Insiders own a meaningful stake in the company

Cash Position

Cash flow positive

$4M cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

Network Media Group's revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

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Quality

Gross Margin
-37.8%
Thin — -37.8% gross margin
Operating Margin
-57.6%
Losing money on operations — -57.6%
ROCE
-7.2%
Weak — -7.2% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

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Growth

Sales YoY
-40.4%
Shrinking sales (-40.4% YoY)
EPS YoY
N/A
Data not available
EPS Consistency
4/8 quarters
Earnings inconsistent quarter-to-quarter

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Cash Flow

Cash Conversion
N/A
Data not available
FCF Margin
66.5%
Converts sales into free cash efficiently (66.5%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

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Stability

Debt / Equity
0.34
Conservative — low debt load (0.34)
Interest Cover
N/A
Data not available

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Valuation

P/E Ratio (TTM)
N/M
Negative earnings — P/E not meaningful
P/E vs Forward
N/A
not available
Data not available

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Dividends

Not applicable for this business.
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