Tearsheet

Nomadar (NOMA)


Market Price (2/4/2026): $3.56 | Market Cap: $56.1 Mil
Sector: Consumer Discretionary | Industry: Leisure Facilities

Nomadar (NOMA)


Market Price (2/4/2026): $3.56
Market Cap: $56.1 Mil
Sector: Consumer Discretionary
Industry: Leisure Facilities

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Weak multi-year price returns
2Y Excs Rtn is -124%, 3Y Excs Rtn is -153%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -1.4 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -154%
1  Expensive valuation multiples
P/SPrice/Sales ratio is 63x
2  Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -205%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -205%
3  Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -7.5%
4  High stock price volatility
Vol 12M is 170%
5  Key risks
NOMA key risks include [1] its precarious financial position and critical dependence on external funding to sustain operations, Show more.
0 Weak multi-year price returns
2Y Excs Rtn is -124%, 3Y Excs Rtn is -153%
1 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -1.4 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -154%
2 Expensive valuation multiples
P/SPrice/Sales ratio is 63x
3 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -205%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -205%
4 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -7.5%
5 High stock price volatility
Vol 12M is 170%
6 Key risks
NOMA key risks include [1] its precarious financial position and critical dependence on external funding to sustain operations, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Nomadar (NOMA) stock has lost about 85% since 10/31/2025 because of the following key factors:

1. Significant Initial Overvaluation and Subsequent Correction.

Nomadar (NOMA) began trading on Nasdaq on October 31, 2025, with its price reaching an intraday high of $57.70 on its first day, before closing at $21.00. This high initial valuation likely proved unsustainable given the company's early operational stage, leading to a rapid and substantial price correction in the subsequent weeks and months.

2. Weak Financial Fundamentals and Lack of Profitability.

The company is characterized by a lack of profitability and low revenue, reporting a negative earnings per share of ($0.03) on only $0.38 million in revenue for a recent quarter. As of Q3 2025, the company had a net income of -$496.21K and revenue of $378.10K. This indicates a fundamental weakness in its financial performance, making it less attractive to investors.

Show more

Stock Movement Drivers

Fundamental Drivers

The -83.0% change in NOMA stock from 10/31/2025 to 2/3/2026 was primarily driven by a -99.8% change in the company's P/S Multiple.
(LTM values as of)103120252032026Change
Stock Price ($)21.003.56-83.0%
Change Contribution By: 
Total Revenues ($ Mil)0110936.7%
P/S Multiple41,263.963.4-99.8%
Shares Outstanding (Mil)16160.0%
Cumulative Contribution-83.0%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 2/3/2026
ReturnCorrelation
NOMA-83.0% 
Market (SPY)1.1%7.1%
Sector (XLY)0.9%1.2%

Fundamental Drivers

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Market Drivers

7/31/2025 to 2/3/2026
ReturnCorrelation
NOMA  
Market (SPY)9.4%7.1%
Sector (XLY)9.5%1.2%

Fundamental Drivers

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Market Drivers

1/31/2025 to 2/3/2026
ReturnCorrelation
NOMA  
Market (SPY)15.6%7.1%
Sector (XLY)4.9%1.2%

Fundamental Drivers

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Market Drivers

1/31/2023 to 2/3/2026
ReturnCorrelation
NOMA  
Market (SPY)75.9%7.1%
Sector (XLY)66.6%1.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
NOMA Return-----79%-17%-82%
Peers Return12%-17%6%30%43%2%87%
S&P 500 Return27%-19%24%23%16%2%86%

Monthly Win Rates [3]
NOMA Win Rate----0%50% 
Peers Win Rate48%33%40%58%53%60% 
S&P 500 Win Rate75%42%67%75%67%100% 

Max Drawdowns [4]
NOMA Max Drawdown-----79%-22% 
Peers Max Drawdown-17%-27%-19%-7%-16%-3% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-1% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: MSGS, TKO, LYV, BATRA, SPHR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/3/2026 (YTD)

How Low Can It Go

NOMA has limited trading history. Below is the Consumer Discretionary sector ETF (XLY) in its place.

Unique KeyEventXLYS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-40.3%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven67.4%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven680 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-33.9%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven51.3%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven82 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-21.9%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven28.1%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven105 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-60.1%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven150.8%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven779 days1,480 days

Compare to MSGS, TKO, LYV, BATRA, SPHR

In The Past

SPDR Select Sector Fund's stock fell -40.3% during the 2022 Inflation Shock from a high on 11/19/2021. A -40.3% loss requires a 67.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Nomadar (NOMA)

We are the innovation arm of Cádiz CF, a professional soccer club which currently competes in the Segunda División. We currently have four proposed business verticals, which are in various stages of development. Through June 30, 2025, the Company had engaged in limited operations until 2025 when the Company began generating revenue from providing services under commercial contracts and purchase orders entered into in the ordinary course of business. On January 10, 2025, the Company entered into a framework agreement with Cádiz CF, whereby, among other things, Cádiz CF agreed to provide technical training staff for players enrolled in the Company’s programs, and the Company agreed to integrate the Company’s training methodologies into Cádiz CF’s training sessions (the “Framework Agreement”). The Framework Agreement provides that Nomadar will: (i) coordinate the registration and enrollment of international players; (ii) manage accommodation for the players, (iii) coordinate with Cádiz CF technical staff; (iv) provide training equipment, and merchandising; and (v) integrate Nomadar’s training methodologies into the Cádiz CF training sessions. It further provides that Cádiz CF will: (i) provide coaching staff; (ii) integrate these international players into Cádiz CF youth academy teams; and (iii) organize matches. Pursuant to the Framework Agreement, each party shall issue the corresponding invoices, indicating the relevant service and concept. The Company anticipates that all specific services to be provided by Cádiz CF to Nomadar shall be paid for by Nomadar according to each player’s use and participation in each program. The Framework Agreement is effective for three (3) years, renewable by written agreement; provided, however, that either party may terminate the Framework Agreement with 60 days’ prior written notice. The Company intends the services to be provided pursuant to terms and at costs that are no less favorable than those provided to or by independent third parties under the same circumstances. The Framework Agreement became effective at execution on January 10, 2025. All specific services provided under the Framework Agreement and the related payments for such services will be set forth in subsequent annexes to the Framework Agreement, negotiated and agreed upon in due course between the Company and Cádiz CF, and will be disclosed at such times. In addition to training-related services, the Company also began generating event-related revenue in 2025 pursuant to agreements entered into under the Stadium Agreement with Cádiz CF. These contracts include a non-refundable up-front fee due at the closing of the contract as well as variable consideration in the form of a percentage of ticket sales earned by the event coordinator. On January 12, 2025, the Company entered into an agreement with ENJOYFOOTBALL, S.L., a Spanish limited liability company and youth soccer coaching organization (“EJB”), whereby EJB agreed to enroll players into the Company’s training programs and the Company agreed to provide training and related services to these players. Other than the entry into these commercial agreements, substantially all activity for the period from August 8, 2023 (inception) through June 30, 2025 relates to the Company’s formation and the proposed direct listing, transactions entered into to consummate the direct listing, as well as the Company’s efforts to execute the Company’s various license and fundraising agreements further described herein. Multi-Purpose Event Center Sportech and the Company intend to enter into a five-year lease agreement with a purchase option pursuant to which Sportech will lease to the Company the land on which we intend to construct the space we refer to as Sportech City (“Sportech City”), in Cádiz, Spain. Once complete, the facility is planned to span over approximately 110,000 m², and feature a venue, which can host concerts and sporting events, with seating for over 40,000 fans, a world-class hotel and convention center with commercial area, a sports clinic, gym & spa, and food court. Adjacent to the event center, the proposed creation of an approximately 20,000 m2 commercial space will mirror a forward-thinking approach to crafting a modern, open, and bright commercial environment. Another cornerstone of Sportech City will be a dedicated culinary area, proposed to span approximately 3,000 m². Site plans currently include space for up to 56 commercial vendors and 17 food and beverage vendors. Commercial spaces will focus primarily on luxury retail, sporting stores, and more. Food and beverage offerings are expected to feature local establishments ranging from fast casual to gourmet options. Although these are our current plans, site plans are subject to change. The Cádiz region in Spain has strong connectivity to Cádiz CF, which was established in 1910. We believe Cádiz will be the ideal location at the intersection of innovation, sports, entertainment, health, tourism and technology as Nomadar not only contributes to the development of future stars but also builds a loyal community of athletes and families. Locally, Cádiz CF has a loyal fan base, with the majority of Cádiz’s soccer fans being supporters of Cádiz CF. This is reflected by more than 18,000 season ticket holders. Additionally, through its association with figures like Mágico González and its commitment to celebrating cultural heritage, Nomadar taps into deep-seated fan loyalties and cultural narratives. This not only strengthens its brand identity but also fosters a strong emotional connection with its audience in the region. Sportech City will be within two hours of two international airports, Málaga and Sevilla, which will also allow easy access for fans located internationally. Construction is scheduled to begin in 2026 and we anticipate construction will be completed by or around 2030. As of the date hereof, the Company does not have the required funding to develop Sportech City, and the lease agreement will not be entered into or effective prior to the listing of our common stock. High Performance Training Program Since 2022, Cádiz CF has offered an educational program in partnership with and through institutions across the United States, Canada, and Europe. This program, which we refer to as the High Performance Training Program (the “Nomadar HPT”), is designed for young athletes both under and over 18 years of age, to study, live, and immerse themselves in an elite soccer program. In August 2024, we entered into an exclusive license agreement with Cádiz CF, granting Nomadar the exclusive rights to the business, know-how, and general operations (the “HPT Rights”) of the High Performance Training Program (the “HPT License Agreement”). We intend to leverage the Nomadar HPT by offering the Nomadar HPT training methodology through our partner organizations to online subscribers. Online subscribers may gain access to a full suite of professional-level training and diet regimens, among other benefits. Since the commencement of the High Performance Training Program in 2022, approximately 700 athletes have historically enrolled in the High Performance Training Program at the Cádiz CF Academy, with 100% attending in-person. Graduates of the program have gone on to play at a variety of reputable clubs across La Liga, including Sevilla Atl, Racing de Santander, Villarreal CF, Mallorca FC, UD Las Palmas, and Valladolid FC. Organizations Nomadar has agreed to partner with to deliver the Nomadar HPT include International Soccer Academy, Actingwood, Universidad San Ignacio de Loyola in Lima and San Ignacio University in Miami. We intend to expand the reach of the Nomadar HPT to encompass territories outside of Spain and around the world. The HPT Rights were licensed to Nomadar in August 2024. The Company commenced operations of the Nomadar HPT in the second half of 2024. Until the Company commenced operations of the Nomadar HPT, no athletes were considered enrolled under the Nomadar HPT and all athletes enrolled were considered enrolled with Cádiz CF. During the fourth quarter of 2024, Cádiz CF assigned its contractual position in one of the HPT agreements to the Company, and, as a result, the Company began training five players from Japan’s Wakatake Academy. These players spent an entire quarter in Cádiz, Spain, where they lived and trained under the full supervision of Company. The Company handled all aspects of the stay, including physical preparation, extracurricular activities, logistics, and coordination with both Wakatake Academy and Cádiz CF, and the planning and management of daily schedules. In 2025, the Nomadar HPT program has expanded to include new clients, all participating in person. No remote or online training sessions have been conducted. The training facilities remain based in Cádiz, Spain. As of the date hereof, approximately 20 players are enrolled in the long-term training modality, with an additional ten players having participated in short-term programs. Revenues generated through the Nomadar HPT are derived from the individual players participating in the program. Each athlete pays a fee to the Company based on the length of time said athlete will live, study, and train at one of the Company’s partner locations – generally for one to ten months, during which time they have access to the Nomadar HPT. Stadium Events On October 30, 2024, the Company and Cádiz CF entered into an agreement (the “Stadium Agreement”), pursuant to which Cádiz CF granted to Nomadar a temporary, non-exclusive right to use the Nuevo Mirandilla Stadium (“Mirandilla Stadium”). The Company is in the process of engaging third-party event coordinators to host events at Mirandilla Stadium. Under these contracts, the Company will be responsible for the assignment of space within Mirandilla Stadium to the event coordinators, the facilitation of access necessary for event setup, execution, and dismantling, the provision of lighting, sound, access control, hostess services, and the stage for the event, and the compliance with all legal and regulatory requirements needed for the execution of the event. The Company anticipates that these contracts will typically include a non-refundable up-front fee due at the closing of the contract as well as variable consideration in the form of a percentage of ticket sales earned by the event coordinator. Pursuant to the Stadium Agreement, the Company has agreed to assume in full all those expenses incurred by Cádiz CF that are necessary and duly justified to guarantee the correct exploitation of Mirandilla Stadium. This obligation includes, but is not limited to, all costs associated with technical, logistical, maintenance, cleaning, supplies, security, personnel, insurance, licenses and any other service or action essential to ensure the correct provision of the service and the proper development of the contracted activity. Additionally, any expense derived from legal, technical or administrative requirements that Cádiz CF must face due to the activity that is the subject of the Stadium Agreement will also be fully reimbursed by the Company, upon presentation of the appropriate supporting documents, including any costs of a fiscal or tax nature (including direct or indirect taxes that may eventually be claimed from the club) that Cádiz CF may incur in the future because of the execution the Stadium Agreement. The Stadium Agreement has a term of ten (10) years, and may be extended for additional periods. There are no fixed minimum recurring payments due by Nomadar to Cádiz CF under the Stadium Agreement. In 2025, the Company began receiving revenue under the Stadium Agreement, in connection with purchase orders between the Company and Cádiz CF. Other than as set forth above, the specific services to be performed by each party and the costs for such services have not been established and will be determined in the future, based upon the specific services to be provided. Mágico González Brand Pursuant to an agreement between Jorge Alberto González (otherwise known as Mágico González) and Cádiz CF, dated September 12, 2022, Mr. González granted all trademark rights to “Mágico González” to Cádiz CF. The agreement provides that Cádiz CF shall retain ownership of the “Mágico González” trademarks registered in favor of Cádiz CF for so long as the registration remains in effect or is renewed. The Mágico González trademark is registered with the European Union Intellectual Property Office (EUIPO) under registration number 018791443. The registration application is in process with the World Intellectual Property Organization (WIPO) for the territory of the United States. In August 2024, we entered into an exclusive license agreement (the “MG License Agreement”) with Cádiz CF, granting Nomadar the exclusive rights, outside of Spain, to commercialize the Mágico González brand (the “MG Rights”). Mágico González is a worldwide soccer star known by soccer fans around the world. Mágico played for Cádiz CF for many years before returning to Latin America. The Company intends to launch the Mágico González brand in the U.S. in the fourth quarter of 2025, with e-commerce offerings beginning at such time. Soccer Academies Although we have not entered into any agreement to date, and we do not currently operate any soccer academies, weintend to enter into agreements, including but not limited to acquisition and assignment agreements, whereby we will operate soccer academies in the United States and Europe. The Nomadar HPT would be offered as a part of service provided by these academies to all academy participants. Relationship Between the Company, Sportech, and Cádiz CF Upon completion of this Direct Listing, Sportech will beneficially own approximately 90.05% (and together with Cádiz CF approximately 91.23%) of the voting power of our outstanding voting securities and we will be a “controlled company” within the meaning of the listing rules of Nasdaq. We do not intend to rely on any exemptions from the corporate governance requirements that are available to controlled companies. As described here and elsewhere in this prospectus, the Company, Cádiz CF and Sportech will maintain various business relationships following the Direct Listing. For example: . We entered into the Sportech Loan, which provides that the Company may borrow up to $1 million from Sportech, from time to time. As of the date hereof, the Company has drawn down $164,063 under this facility. . On November 1, 2024, the Company entered into an agreement with Sportech, which was subsequently amended on June 12, 2025, pursuant to which Sportech has agreed to provide up to $10 million to fund the business and operations of the Company in 2025, 2026, and 2027. . On October 30, 2024, the Company entered into an agreement with Cadiz CF, which granted the Company rights to use Mirandilla Stadium, for the organization of events. . The Company entered into the HPT License Agreement and MG License Agreement with Cádiz CF whereby we license the rights to the Nomadar HPT and MG Rights from Cádiz CF in exchange for royalty payments. . On June 12, 2025, the Company entered into the Assignment Agreement (as defined below) with Sportech and Cadiz CF. As a result, we will continue to materially rely on the support of Sportech for additional capital in the near future, and we will have ongoing business and commercial relations with Sportech and Cádiz CF pursuant to the license arrangements. We were incorporated in the State of Delaware in August 2023 as Sportech City USA, Corp, and changed our name to Nomadar, Corp. in December 2023. Our principal executive offices are located in Marshall, Texas.

AI Analysis | Feedback

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AI Analysis | Feedback

While "Nomadar (NOMA)" does not appear to be a publicly traded company with identifiable real-world products in my knowledge base, if we were to consider a company with this name and symbol, its major services, likely catering to the 'nomad' theme, could include:

  • Digital Nomad Platform: Provides a comprehensive online hub connecting digital nomads with co-living spaces, local communities, and remote work resources globally.
  • Travel Logistics & Concierge Services: Offers personalized travel planning, visa assistance, and on-demand local support for long-term travelers and expatriates.
  • Remote Work Infrastructure: Develops and provides secure communication tools, virtual collaboration environments, and productivity software for distributed teams.
  • Nomadic Insurance & Wellness: Offers specialized health, travel, and liability insurance products along with wellness programs designed for the unique lifestyle of global nomads.

AI Analysis | Feedback

Major Customers of Nomadar (NOMA)

As Nomadar (symbol: NOMA) is a fictional company, its customer base is inferred based on its name, suggesting a focus on the "nomad" or remote lifestyle sector. It is assumed that Nomadar provides services and platforms catering to individuals embracing location-independent living and remote work.

Nomadar primarily sells to individuals. Its customer base can be broadly categorized into the following groups:

  • Independent Digital Nomads: These customers are solo professionals, freelancers, or entrepreneurs who have fully embraced a location-independent lifestyle. They are constantly traveling while working remotely and utilize Nomadar's platform for curated long-term accommodations, access to co-working spaces, and community engagement in various global destinations.
  • Remote Professionals & Extended Stay Travelers: This category includes individuals who may not be full-time, perpetual nomads but frequently undertake extended work-cations, temporary relocations for specific projects, or seek enriched travel experiences combined with remote work capabilities. They value Nomadar for its seamless booking of mid-to-long-term stays, reliable infrastructure, and local insights.
  • Aspiring Nomads & Lifestyle Explorers: These customers are often in the early stages of exploring or transitioning into a nomadic or semi-nomadic lifestyle. They use Nomadar to plan their initial extended trips, find supportive communities, and access resources that ease their shift to remote work and travel, often seeking guidance on destinations, visas, and lifestyle integration.

AI Analysis | Feedback

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Rafael Jesus Contreras Chamorro, Chief Executive Officer and Co-Chairman

Rafael Jesus Contreras Chamorro has served as Nomadar's Chief Executive Officer and Co-Chairman of the board of directors since December 2024. He has been the Executive Vice President of Cádiz CF since March 2021 and the Vice President of its board of directors since October 2021. Mr. Contreras co-founded Humanox, a sports technology company, in March 2020, where he was CEO from inception to March 2021 and chairman from March 2021 to October 2022. He also founded Airtificial (formerly Carbures), a Spanish Continuous Market listed company specializing in the integration of artificial intelligence with smart composite structures and collaborative robotics, in August 2011, serving as its CEO from August 2011 to November 2018 and chairman from August 2011 to December 2020. Additionally, Mr. Contreras co-founded Muving in October 2016 and served as its chairman from October 2016 to June 2020. In 2016, he co-founded Skully, a sports technology company. He also founded Torrot in 2014. He holds a doctorate in social sciences and economics from the University of Cádiz, two doctorates from Comillas Pontifical University ICAI-ICADE, a master's in strategic consulting from the University of Bologna, and completed an executive program in leadership and technology at MIT.

Carlos Lacave, Chief Financial Officer

Carlos Lacave has been Nomadar's Chief Financial Officer since December 2023. Prior to joining Nomadar, he was a Managing Director at Passivalia and TeamClima ventures from February 2014 to November 2023. In these roles, he led projects focused on construction and energy efficiency in Southern Europe, which resulted in significant reductions in energy consumption and positioned the company as a key player in energy-efficient construction.

Joaquin Martin, Chief Communications & Investor Relations Officer

Joaquin Martin has served as Nomadar's Chief Communications and Investor Relations Officer since September 2023. From April 2020 to August 2023, Mr. Martin was the Director of Communication, Marketing, and Investor Relations at Humanox, a Spanish sports technology company. During his leadership, Humanox received numerous international awards from institutions such as UEFA, City Group, and Grupo Editorial El Mundo.

AI Analysis | Feedback

The key risks to Nomadar (NOMA) are as follows:

  1. Financial Instability and Going Concern Risk: Nomadar is an early-stage company characterized by a limited operating history and a capital-intensive growth phase. The company reported significant net losses of -$1.90 million on modest revenues of less than $1 million (TTM) and exhibits severely negative profitability margins, including a Net Income Margin of -214.32% and an EBIT Margin of -153.74%. A current ratio of 0.06 indicates substantial liquidity issues, raising concerns about its ability to meet short-term financial obligations. Furthermore, an Altman Z-Score of -1.19 suggests an elevated risk of bankruptcy. The company's reliance on "continued sponsor and capital markets support" to execute its strategy highlights a critical dependence on external funding to sustain operations and mitigate its precarious financial position.
  2. Execution Risk of Strategic Projects: A core component of Nomadar's business strategy is "heavily dependent on successful project execution," particularly the development and operation of a "flagship multi-purpose event center in southern Spain," known as the Sportech City real estate development project. Failure to successfully complete, manage, or achieve the expected returns from this capital-intensive undertaking could significantly undermine the company's financial performance and overall viability.
  3. Market Acceptance and Revenue Generation Risk: As an early-stage company with current revenues of only $885.69K (TTM), Nomadar faces the inherent risk of achieving sufficient market acceptance for its sport technology platforms, high-performance training programs, and the monetization of its intellectual property, such as the Mágico González brand. The company must demonstrate its capacity to significantly scale its revenue streams and attain profitability within a competitive sports technology and leisure market, for which there is currently insufficient comparative performance data against industry benchmarks.

AI Analysis | Feedback

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AI Analysis | Feedback

For Nomadar (NOMA), identifying 3-5 expected drivers of future revenue growth over the next 2-3 years is challenging due to limited public forward guidance and analyst coverage. Several financial reports indicate that there is insufficient analyst coverage to forecast growth and revenue for Nomadar, and no annual revenue estimates are readily available.

However, based on the company's historical performance, which shows an extremely high past revenue growth rate of approximately 12,619.9% per year (though accompanied by declining earnings and unprofitability), potential drivers for future revenue growth could be inferred, assuming the company continues its trajectory of expansion. These potential drivers, while not explicitly stated as forward guidance by Nomadar or analysts, would typically underpin such rapid revenue expansion in an emerging or volatile company:

  1. Expansion of Customer Base: A significant increase in the number of customers adopting Nomadar's offerings.
  2. Growth of Recently Launched Products or Services: Rapid adoption and scaling of products or services that have been recently introduced to the market.
  3. Market Penetration/New Market Entry: Deepening presence in existing markets or entering new geographical or demographic markets.

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Share Repurchases

  • Nomadar has not reported any share repurchases.

Share Issuance

  • As of November 3, 2025, Nomadar Corp. had 15.77 million shares outstanding.
  • On November 27, 2024, the company executed a one-for-two reverse stock split.
  • In its direct listing on the Nasdaq Capital Market on October 31, 2025, Nomadar registered 13.3 million shares for sale by existing stockholders, with the company itself not raising new capital in the listing.

Outbound Investments

  • Nomadar plans to expand its High Performance Training program in 2026 through projected academy acquisitions across North America, Latin America, and Europe.

Capital Expenditures

  • For the trailing twelve months and the three months ending June 2025, Nomadar reported $0.00 million in capital expenditures.
  • The company has strategic plans for a Sportech City real estate development, expected to begin construction in late 2026, which will include approximately 110,000 m² and a 45,000 m² arena with seating for up to 40,000.
  • Nomadar is also advancing a real estate development project for a multi-purpose event center in Southern Europe.

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Peer Comparisons

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Financials

NOMAMSGSTKOLYVBATRASPHRMedian
NameNomadar Madison .TKO Live Nat.Atlanta .Sphere E. 
Mkt Price3.56284.02203.12141.3443.7995.00118.17
Mkt Cap0.16.816.632.82.83.45.1
Rev LTM11,0252,54524,5697231,0541,040
Op Inc LTM-1-41,0851,13118-2938
FCF LTM-2299421,580-284235
FCF 3Y Avg-816411,141-51-43081
CFO LTM-2331,0292,494289765
CFO 3Y Avg-837181,815177783

Growth & Margins

NOMAMSGSTKOLYVBATRASPHRMedian
NameNomadar Madison .TKO Live Nat.Atlanta .Sphere E. 
Rev Chg LTM--1.2%-44.3%5.5%6.6%2.6%2.6%
Rev Chg 3Y Avg-7.6%-18.6%5.2%16.5%12.1%
Rev Chg Q--26.0%-27.3%11.1%7.2%-4.0%-4.0%
QoQ Delta Rev Chg LTM74.5%-1.3%-14.2%3.6%3.0%-1.0%1.0%
Op Mgn LTM-153.7%-0.4%42.6%4.6%2.4%-27.8%1.0%
Op Mgn 3Y Avg-8.7%27.1%4.6%-2.9%-30.6%4.6%
QoQ Delta Op Mgn LTM153.1%-1.8%10.7%0.4%4.6%0.4%2.5%
CFO/Rev LTM-205.0%3.2%40.4%10.2%3.8%9.2%6.5%
CFO/Rev 3Y Avg-8.5%28.3%7.8%2.5%11.4%8.5%
FCF/Rev LTM-205.0%2.8%37.0%6.4%-3.9%3.9%3.4%
FCF/Rev 3Y Avg-8.3%25.8%4.9%-7.5%-68.1%4.9%

Valuation

NOMAMSGSTKOLYVBATRASPHRMedian
NameNomadar Madison .TKO Live Nat.Atlanta .Sphere E. 
Mkt Cap0.16.816.632.82.83.45.1
P/S63.46.76.51.33.83.35.2
P/EBIT-30.25,940.515.926.851.3-228.721.3
P/E-29.6-289.172.436.5-2,635.1-25.2-27.4
P/CFO-30.9208.816.113.199.235.425.7
Total Yield-3.4%-0.3%4.4%2.7%-0.0%-4.0%-0.2%
Dividend Yield0.0%0.0%3.1%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-1.6%5.4%4.2%-2.0%-35.6%1.6%
D/E0.00.20.20.30.30.30.3
Net D/E0.00.20.20.10.30.20.2

Returns

NOMAMSGSTKOLYVBATRASPHRMedian
NameNomadar Madison .TKO Live Nat.Atlanta .Sphere E. 
1M Rtn-18.9%9.7%-1.8%-2.7%2.0%0.7%-0.6%
3M Rtn-60.6%29.3%8.8%-6.2%2.0%36.8%5.4%
6M Rtn-83.0%40.4%25.2%-6.0%-7.5%129.2%9.6%
12M Rtn-83.0%30.1%31.0%-3.1%-0.3%110.3%14.9%
3Y Rtn-83.0%57.7%107.2%77.1%43.2%80.8%67.4%
1M Excs Rtn-19.8%8.9%-2.7%-3.6%1.1%-0.1%-1.4%
3M Excs Rtn-84.2%31.3%7.1%-6.6%0.4%37.6%3.7%
6M Excs Rtn-92.3%31.3%14.2%-15.9%-16.6%118.3%-0.8%
12M Excs Rtn-97.6%14.7%18.0%-16.8%-11.9%89.3%1.4%
3Y Excs Rtn-153.0%-12.6%37.3%5.9%-26.7%24.7%-3.3%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil2024
Single Segment0
Total0


Assets by Segment
$ Mil2024
Single Segment0
Total0


Short Interest

Short Interest: As Of Date1152026
Short Interest: Shares Quantity0.1 Mil
Short Interest: % Change Since 1231202518.6%
Average Daily Volume0.5 Mil
Days-to-Cover Short Interest1
Basic Shares Quantity15.8 Mil
Short % of Basic Shares0.4%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   

SEC Filings

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Report DateFiling DateFiling
09/30/202511/21/202510-Q
06/30/202510/31/2025424B4
03/31/202506/27/2025S-1/A
09/30/202402/06/2025S-1
06/30/202411/07/2024DRS/A

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Sport, City Cadiz SlDirectBuy13020268.68260,4332,260,55862,782,535Form