Nomadar (NOMA)


Market Price (8/31/2026): $2.12 | Market Cap: $36.0 MilSector: Consumer Discretionary | Industry: Leisure Facilities

Nomadar (NOMA)


Market Price (8/31/2026): $2.12
Market Cap: $36.0 Mil
Sector: Consumer Discretionary
Industry: Leisure Facilities

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

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 195%

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -58%

Weak multi-year price returns
2Y Excs Rtn is -127%, 3Y Excs Rtn is -164%

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -3.0 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -202%

Expensive valuation multiples
P/SPrice/Sales ratio is 24x

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -117%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -117%

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 -15%

High stock price volatility
Vol 12M is 127%

Key risks
NOMA key risks include [1] its precarious financial position and critical dependence on external funding to sustain operations, Show more.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 195%
1 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -58%
2 Weak multi-year price returns
2Y Excs Rtn is -127%, 3Y Excs Rtn is -164%
3 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -3.0 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -202%
4 Expensive valuation multiples
P/SPrice/Sales ratio is 24x
5 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -117%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -117%
6 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 -15%
7 High stock price volatility
Vol 12M is 127%
8 Key risks
NOMA key risks include [1] its precarious financial position and critical dependence on external funding to sustain operations, Show more.

NOMA in ETFs

Weight = NOMA's share of each fund

VTI0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 8/18/2026

Nomadar (NOMA) stock has lost about 40% since 4/30/2026 because of the following key factors:

1. Disclosure of "Going Concern" Doubt and Significant Q1 2026 Losses.

Nomadar's management disclosed substantial doubt about its ability to continue as a going concern, a critical company-specific risk. This disclosure coincided with the reporting of a net loss of $1,586,954 for fiscal Q1 2026 (ended March 31, 2026), alongside a working capital deficit of $4,733,516.

2. Continued Operating Losses in Fiscal Q2 2026.

The company reported a net loss of $439,900 for fiscal Q2 2026 (ended June 30, 2026), and a widened net loss of $2.03 million for the first half of fiscal 2026, compared to a $0.91 million loss in the prior-year period. This indicated ongoing unprofitability despite revenue increasing to $669,600 in Q2 2026, up 114% from Q2 2025.

Show more
Updated on 8/18/2026

Nomadar (NOMA) stock has lost about 40% since 4/30/2026 because of the following key factors:

1. Disclosure of "Going Concern" Doubt and Significant Q1 2026 Losses.

Nomadar's management disclosed substantial doubt about its ability to continue as a going concern, a critical company-specific risk. This disclosure coincided with the reporting of a net loss of $1,586,954 for fiscal Q1 2026 (ended March 31, 2026), alongside a working capital deficit of $4,733,516.

2. Continued Operating Losses in Fiscal Q2 2026.

The company reported a net loss of $439,900 for fiscal Q2 2026 (ended June 30, 2026), and a widened net loss of $2.03 million for the first half of fiscal 2026, compared to a $0.91 million loss in the prior-year period. This indicated ongoing unprofitability despite revenue increasing to $669,600 in Q2 2026, up 114% from Q2 2025.

3. Potential Share Dilution from Registered Resale and Convertible Notes.

A prospectus supplement filed on August 12, 2026, covered the registered resale of up to 13,268,718 shares of Class A common stock by existing stockholders, indicating potential future dilution for current shareholders. Additionally, convertible notes with Yorkville resulted in a $621,207 fair value loss in fiscal Q1 2026 and conversions into shares on April 24, August 11, and August 12, 2026.

4. Negative Analyst Sentiment.

As of August 6, 2026, the company held a "Sell" rating from the sole Wall Street analyst covering the stock, reflecting a negative outlook. This analyst sentiment contributed to the downward pressure on the stock, noting that Nomadar is liked less than other companies in the "consumer discretionary" sector.

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Stock Movement Drivers

Fundamental Drivers

The -40.0% change in NOMA stock from 4/30/2026 to 8/30/2026 was primarily driven by a -58.8% change in the company's P/S Multiple.
(LTM values as of)43020268302026Change
Stock Price ($)3.552.13-40.0%
Change Contribution By: 
Total Revenues ($ Mil)1162.2%
P/S Multiple58.624.2-58.8%
Shares Outstanding (Mil)1517-10.3%
Cumulative Contribution-40.0%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 8/30/2026
ReturnCorrelation
NOMA-40.0% 
Market (SPY)7.1%-0.9%
Sector (XLY)-1.0%8.6%

Fundamental Drivers

The -39.3% change in NOMA stock from 1/31/2026 to 8/30/2026 was primarily driven by a -61.3% change in the company's P/S Multiple.
(LTM values as of)13120268302026Change
Stock Price ($)3.512.13-39.3%
Change Contribution By: 
Total Revenues ($ Mil)1168.9%
P/S Multiple62.524.2-61.3%
Shares Outstanding (Mil)1617-7.1%
Cumulative Contribution-39.3%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 8/30/2026
ReturnCorrelation
NOMA-39.3% 
Market (SPY)11.5%-5.3%
Sector (XLY)-3.1%0.4%

Fundamental Drivers

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Market Drivers

7/31/2025 to 8/30/2026
ReturnCorrelation
NOMA  
Market (SPY)22.7%-0.6%
Sector (XLY)6.5%0.2%

Fundamental Drivers

null
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Market Drivers

7/31/2023 to 8/30/2026
ReturnCorrelation
NOMA  
Market (SPY)74.0%-0.6%
Sector (XLY)38.0%0.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
NOMA Return-----79%-51%-90%
Peers Return12%-17%6%30%43%31%140%
S&P 500 Return27%-19%24%23%16%13%106%

Monthly Win Rates [3]
NOMA Win Rate----0%38% 
Peers Win Rate48%33%40%58%53%62% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
NOMA Max Drawdown------59% 
Peers Max Drawdown-29%-31%-33%-17%-27%-15% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[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 8/28/2026 (YTD)

How Low Can It Go

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

EventXLYS&P 500
2025 US Tariff Shock
  % Loss-21.8%-18.8%
  % Gain to Breakeven27.9%23.1%
  Time to Breakeven105 days79 days
2024 Yen Carry Trade Unwind
  % Loss-11.2%-7.8%
  % Gain to Breakeven12.6%8.5%
  Time to Breakeven37 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-13.6%-9.5%
  % Gain to Breakeven15.8%10.5%
  Time to Breakeven42 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-35.9%-24.5%
  % Gain to Breakeven56.0%32.4%
  Time to Breakeven874 days427 days
2020 COVID-19 Crash
  % Loss-33.9%-33.7%
  % Gain to Breakeven51.3%50.9%
  Time to Breakeven82 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-19.6%-19.2%
  % Gain to Breakeven24.4%23.8%
  Time to Breakeven98 days105 days

Compare to MSGS, TKO, LYV, BATRA, SPHR

In The Past

State Street Consumer Discretionary Select Sector SPDR ETF's stock fell -21.8% during the 2025 US Tariff Shock. Such a loss loss requires a 27.9% 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.

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

EventXLYS&P 500
2025 US Tariff Shock
  % Loss-21.8%-18.8%
  % Gain to Breakeven27.9%23.1%
  Time to Breakeven105 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-35.9%-24.5%
  % Gain to Breakeven56.0%32.4%
  Time to Breakeven874 days427 days
2020 COVID-19 Crash
  % Loss-33.9%-33.7%
  % Gain to Breakeven51.3%50.9%
  Time to Breakeven82 days140 days
2008-2009 Global Financial Crisis
  % Loss-51.0%-53.4%
  % Gain to Breakeven104.3%114.4%
  Time to Breakeven372 days1085 days

Compare to MSGS, TKO, LYV, BATRA, SPHR

In The Past

State Street Consumer Discretionary Select Sector SPDR ETF's stock fell -21.8% during the 2025 US Tariff Shock. Such a loss loss requires a 27.9% 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)

Nomadar is the innovation arm of Cádiz CF, a Spanish professional soccer club, operating at the intersection of sports, entertainment, and technology. As a controlled company, it maintains deep business and financial ties with both Cádiz CF and its majority owner, Sportech, which also provides significant funding for its operations. Nomadar leverages these relationships to develop and commercialize a range of offerings primarily focused on soccer and event management.

The company's immediate revenue streams, which began in 2025, are centered on two main verticals. First, the Nomadar High Performance Training (HPT) Program offers an elite in-person soccer training and immersion experience for young international athletes, generating revenue through participant fees. Second, Nomadar organizes Stadium Events by granting third-party event coordinators access to Cádiz CF's Nuevo Mirandilla Stadium, earning upfront fees and a percentage of ticket sales. Additionally, the company holds exclusive international rights to the iconic Mágico González brand, with e-commerce offerings slated to launch in the U.S. in late 2025.

Nomadar has significant future expansion plans, including the proposed development of Sportech City, a large-scale multi-purpose complex in Cádiz, Spain, featuring an event venue, hotel, and commercial spaces, with construction anticipated from 2026 to 2030. The company also intends to establish and operate its own soccer academies in the United States and Europe, integrating its HPT methodology. Nomadar's primary customers include aspiring young athletes, event organizers, and global soccer fans, as it aims to expand its reach and brand internationally.

AI Analysis | Feedback

Here are three brief analogies for Nomadar:
  • Imagine Live Nation Entertainment, but exclusively focused on managing events, youth training programs, and brand commercialization for a professional Spanish soccer club, Cádiz CF.
  • Think of it as an IMG Academy specializing in soccer, but which also promotes events and manages celebrity athlete brands for its affiliated professional soccer club, Cádiz CF.
  • Like the diversified business arm of a professional sports team, similar to how the Dallas Cowboys might extend their brand into various ventures, but focused on youth development, event management, and athlete branding for Cádiz CF.

AI Analysis | Feedback

  • High Performance Training Program (Nomadar HPT): Offers elite in-person soccer training and immersion programs for young international athletes, with future plans for online subscriptions to its training methodology.
  • Stadium Event Management: Provides venue rental and comprehensive logistical support for third-party events held at Nuevo Mirandilla Stadium.
  • Mágico González Brand Commercialization: Exclusively licenses and commercializes the Mágico González brand outside of Spain, including planned e-commerce product offerings.

AI Analysis | Feedback

Nomadar (NOMA) sells primarily to other companies and organizations based on its current revenue-generating activities. Here are its major customers: * ENJOYFOOTBALL, S.L. (EJB): A Spanish limited liability company and youth soccer coaching organization that enrolls players into Nomadar's training programs. * Wakatake Academy: A Japanese academy that sends players to Nomadar for training programs. * Third-party event coordinators: Companies engaged by Nomadar to host events at the Nuevo Mirandilla Stadium. No specific names are provided for these entities.

AI Analysis | Feedback

Major Suppliers:

  • Cádiz CF
  • International Soccer Academy
  • Actingwood
  • Universidad San Ignacio de Loyola in Lima
  • San Ignacio University in Miami

AI Analysis | Feedback

Rafael Contreras, Chief Executive Officer and Co-Chairman of the Board of Directors

Rafael Contreras has served as Nomadar's Chief Executive Officer and Co-Chairman of its board of directors since December 2024. He has also 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 founded Airtificial (formerly Carbures), a Spanish 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. Mr. Contreras also co-founded Muving in October 2016, serving as its chairman until June 2020, and co-founded Skully, a sports technology company, in 2016. In 2014, he founded Torrot, integrating it into the Muving framework.

Carlos Lacave, Chief Financial Officer

Carlos Lacave has been Nomadar's Chief Financial Officer since December 2023. Prior to joining Nomadar, from February 2014 to November 2023, Mr. Lacave was Managing Director at Passivalia and TeamClima ventures, where he led projects focused on construction and energy efficiency in Southern Europe.

Joaquin Martin, CEO Americas and Executive Vice Chairman

Joaquin Martin was appointed CEO Americas and Executive Vice Chairman of Nomadar on December 9, 2025. In this role, he oversees the company's strategic development, partnerships, and operations across North, Central, and South America, including the expansion of Nomadar's High Performance Training Program and the launch of the Mágico González e-Commerce offering. He also identifies and evaluates potential soccer academy acquisitions in the Americas. Since 2023, Mr. Martin served as Nomadar's Chief Communications and Investor Relations Officer, coordinating the company's Nasdaq listing. He brings over two decades of international leadership experience from publicly traded companies and technology organizations, having held senior roles at Skully, Carbures, and Airtificial.

Manuel Vizcaíno, Co-Chairman of the Board of Directors

Manuel Vizcaíno has served as Co-Chairman of Nomadar's board of directors since December 2024. He has been the President of Cádiz CF since July 2014. Previously, Mr. Vizcaíno held positions such as Subdirector General of Organization and Management at Sevilla FC from 2003 to 2014, and was a consultant for La Liga and the Royal Spanish Tennis Federation.

Antonio G. Lobón, Member of the Board of Directors

Antonio G. Lobón has been a member of Nomadar's board of directors since December 2024. He is a tax professional specializing in international corporate tax and cross-border transactions. Since 2004, Mr. Lobón has been the tax coordinator for the bank and finance line of business of Iberoamerica in New York. He was previously a partner-in-charge of Latin-American legal services for KLegal and began his career with KPMG Spain in 1978, becoming a partner in 1987.

AI Analysis | Feedback

Nomadar (NOMA) faces several key risks to its business operations:
  1. Significant Reliance on Sportech for Funding and Risks Associated with Being a Controlled Company: Nomadar explicitly states that it "will continue to materially rely on the support of Sportech for additional capital in the near future" and that Sportech will beneficially own approximately 90.05% of its voting power, making it a "controlled company". This creates a substantial dependency on Sportech for ongoing capital and operational support. The controlled company status also poses potential risks related to conflicts of interest, as the interests of the controlling shareholder (Sportech) may not always align with those of other shareholders, and the ability of independent directors to influence corporate governance may be limited.
  2. Inability to Secure Funding for and Successfully Develop the Sportech City Project: A cornerstone of Nomadar's long-term growth strategy is the development of Sportech City, a large multi-purpose event center in Cádiz, Spain. However, as of the provided information, the Company "does not have the required funding to develop Sportech City". Failure to secure this substantial funding would prevent the construction of this key asset, which is intended to feature a venue for concerts and sporting events, a hotel, convention center, commercial space, and a culinary area. Even if funding is secured, large-scale construction projects like Sportech City, with an anticipated completion by or around 2030, carry inherent risks of delays, cost overruns, and failure to meet market expectations.
  3. Dependence on Key Agreements and Ongoing Relationships with Cádiz CF: A significant portion of Nomadar's current and planned business operations is deeply intertwined with Cádiz CF through various agreements. This includes the exclusive rights to the High Performance Training Program (Nomadar HPT) and the Mágico González brand, as well as the agreement for the temporary, non-exclusive use of the Nuevo Mirandilla Stadium for event organization. The Framework Agreement with Cádiz CF for player training is effective for three years and renewable, but either party may terminate it with 60 days’ prior written notice. The termination, non-renewal, or unfavorable modification of these foundational agreements, or Cádiz CF's failure to perform its obligations, would materially adversely affect Nomadar's business, revenue streams, and overall strategic direction.

AI Analysis | Feedback

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AI Analysis | Feedback

The addressable markets for Nomadar's main products and services are as follows:

High Performance Training Program (Nomadar HPT) and Soccer Academies

  • The global youth sports market is anticipated to reach approximately USD 62.84 billion in 2026 and is projected to grow to nearly USD 147.48 billion by 2035. Within this market, the soccer segment alone was valued at approximately USD 9.72 billion in 2025.
  • The overall global sports training market was valued at an estimated USD 27.8 billion in 2023 and is projected to reach USD 50.7 billion by 2035.
  • Specifically for the U.S., the soccer training market was valued at USD 1.69 billion in 2024 and is projected to reach USD 2.13 billion by 2030.
  • The global football camp market, a component of sports training, was valued at USD 1.26 billion in 2023 and is projected to reach USD 2.3 billion by 2030.

Stadium Events and Sportech City

  • The events market in Spain reached a value of nearly USD 4.96 billion in 2025 and is projected to grow to approximately USD 9.94 billion by 2035. Another estimate for the Spain Sports Events Market indicates a value of USD 10.35 billion in 2024, forecasted to reach USD 18.85 billion by 2033.
  • The sports event market in Europe generated revenue of USD 148.5 billion in 2025 and is expected to reach a projected revenue of US$ 233.8 billion by 2033. The global sports events market was estimated at USD 485.14 billion in 2025 and is projected to reach USD 884.69 billion by 2033.
  • The Spain Sports Tourism Market was valued at USD 20.6 billion in 2025 and is projected to reach USD 73.0 billion by 2035. The sports event tourism segment within this market held a dominant 55.9% share in 2024.

Mágico González Brand Commercialization

  • The licensed sports merchandise market in the United States was estimated at USD 5.5 billion in 2024 and is projected to grow to USD 10.0 billion by 2035. Other reports indicate the U.S. licensed sports merchandise market is expected to reach approximately USD 22.57 billion by 2030 and USD 20.72 billion by 2033.
  • Globally, the licensed sports apparel and merchandise market was valued at USD 36.15 billion in 2024 and is projected to grow to USD 60.49 billion by 2034. North America held a significant revenue share of 51.8% in the global licensed sports merchandise market in 2025.

AI Analysis | Feedback

Nomadar (NOMA) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:

  1. Expansion of the High Performance Training (HPT) Program: Nomadar commenced operations of the HPT in the second half of 2024 and expanded the program with new in-person clients in 2025. Future growth is anticipated from increasing enrollment in the long-term and short-term in-person modalities and by leveraging the Nomadar HPT training methodology through partner organizations to online subscribers, a new offering. The company also intends to expand the reach of the Nomadar HPT globally.
  2. Commercialization and Launch of the Mágico González Brand: Having secured exclusive rights outside of Spain to commercialize the Mágico González brand in August 2024, Nomadar intends to launch the brand in the U.S. in the fourth quarter of 2025, with e-commerce offerings beginning at that time. This represents a new product and market expansion.
  3. Increased Event Hosting and Utilization of Nuevo Mirandilla Stadium: The company began generating event-related revenue in 2025 under the Stadium Agreement with Cádiz CF. Nomadar anticipates growth by engaging third-party event coordinators to host a greater number and variety of events at the Nuevo Mirandilla Stadium, generating revenue from non-refundable up-front fees and a percentage of ticket sales.
  4. Initial Development and Commercialization of Sportech City: While full completion is anticipated by 2030, construction for Sportech City is scheduled to begin in 2026. This large-scale project, featuring an event venue for over 40,000 fans, a hotel, convention center, commercial space, and other facilities, is expected to begin generating early commercial agreements or related revenues within the 2-3 year timeframe as development progresses.

AI Analysis | Feedback

Inbound Investments

  • Nomadar has drawn down $164,063 from a loan facility with Sportech, which allows the Company to borrow up to $1 million.
  • Sportech has committed to providing up to $10 million to fund Nomadar's business and operations for 2025, 2026, and 2027.
  • The Company anticipates materially relying on Sportech for additional capital in the near future.

Capital Expenditures

  • Nomadar plans to construct "Sportech City" in Cádiz, Spain, an approximately 110,000 m² facility designed to host concerts and sporting events, a hotel and convention center, a sports clinic, gym & spa, food court, and commercial spaces.
  • Construction for Sportech City is scheduled to commence in 2026, with an anticipated completion by or around 2030.
  • As of the provided date, Nomadar does not possess the necessary funding to develop Sportech City.

Peer Outperformance in Leisure Facilities

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Share of Leisure Facilities constituents that NOMA has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
insufficient peer history
3Y
insufficient peer history
5Y
insufficient peer history
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Median price return by industry across the Consumer Discretionary sector, ranked by 5Y. Leisure Facilities is NOMA's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Education Services 14 -9.0%102.9%72.3% LINC 297% · CVSA 263% · PRDO 226%
Homebuilding 18 -3.4%19.2%44.2% GRBK 193% · PHM 150% · TOL 141%
Hotels, Resorts & Cruise Lines 22 16.7%49.5%15.0% RCL 247% · MAR 171% · HLT 161%
Automotive Retail 18 -15.3%1.4%13.2% MUSA 232% · PAG 173% · ORLY 123%
Home Improvement Retail 5 -17.7%-4.2%9.1% HD 15% · LOW 12% · HVT 9%
Specialty Stores 7 -4.7%24.8%7.3% FIVE 14% · DKS 12% · SIG 12%
Distributors 4 -8.0%-23.8%-7.2% ARMK 145% · GPC 30% · LKQ -44%
Specialized Consumer Services 10 -10.8%25.6%-10.8% HRB 142% · FTDR 90% · SCI 44%
Restaurants 34 -7.9%-10.7%-13.0% EAT 332% · CAKE 170% · RAVE 146%
Footwear 9 54.3%37.4%-14.4% WEYS 163% · DECK 26% · SHOO 22%
Home Furnishings 4 -5.9%20.5%-15.0% SGI 52% · LZB 4% · MHK -34%
Leisure Products 13 -9.0%-16.8%-29.1% GOLF 86% · HAS 17% · MCFT -4%
Casinos & Gaming 20 -9.8%-26.7%-30.4% MCRI 117% · RSI 77% · RRR 53%
Apparel Retail 25 2.1%-1.0%-36.2% ANF 315% · DXLG 192% · URBN 146%
Apparel, Accessories & Luxury Goods 26 -1.7%22.2%-37.2% TPR 254% · RL 237% · ELA 226%
Automotive Parts & Equipment 38 -11.4%-7.3%-37.7% MOD 1328% · GTX 293% · STRT 101%
Leisure Facilities ← 12 -19.2%-8.3%-42.1% OSW 145% · JAKK 86% · ESCA 8%
Household Appliances 18 8.7%32.7%-42.4% KEQU 185% · FLXS 163% · HBB 112%
Broadline Retail 15 9.4%15.0%-54.5% DDS 319% · AMZN 54% · EBAY 50%
Computer & Electronics Retail 3 -18.0%-3.7%-59.6% BBY -11% · UPBD -60% · GME -67%
Automobile Manufacturers 8 -64.9%-68.0%-69.8% GM 83% · F 45% · TSLA 42%
Other Specialty Retail 18 -31.8%-48.6%-79.3% TLF 106% · BBW 92% · WINA 87%
Consumer Electronics 11 -11.7%-13.2%-80.4% AXIL 2261% · GRMN 81% · TBCH -56%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

NOMAMSGSTKOLYVBATRASPHRMedian
NameNomadar Madison .TKO Live Nat.Atlanta .Sphere E. 
Mkt Price2.13389.34184.64181.6555.72141.68161.67
Mkt Cap0.09.413.842.33.65.17.3
Rev LTM11,1545,30226,2737501,3571,255
Op Inc LTM-331998771-41-7714
FCF LTM-2611,6721,375-95359210
FCF 3Y Avg-80884998-62-10980
CFO LTM-2631,7952,609-64399231
CFO 3Y Avg-821,0091,8652125125

Growth & Margins

NOMAMSGSTKOLYVBATRASPHRMedian
NameNomadar Madison .TKO Live Nat.Atlanta .Sphere E. 
Rev Chg LTM194.7%11.0%5.1%10.8%6.8%27.5%10.9%
Rev Chg 3Y Avg-9.3%105.4%11.5%6.7%215.5%11.5%
Rev Chg Q114.2%36.7%18.2%9.4%-2.3%11.0%14.6%
QoQ Delta Rev Chg LTM31.3%6.9%4.7%2.6%-1.0%2.3%3.6%
Op Inc Chg LTM-94.3%109.0%43.5%-22.0%-171.8%74.4%10.7%
Op Inc Chg 3Y Avg-30.2%427.2%-2.5%-42.4%19.1%19.1%
Op Mgn LTM-202.4%2.7%18.8%2.9%-5.4%-5.7%-1.4%
Op Mgn 3Y Avg-6.1%11.2%3.8%-4.7%-19.5%3.8%
QoQ Delta Op Mgn LTM78.6%5.0%0.3%0.0%-8.0%-1.0%0.2%
CFO/Rev LTM-116.9%5.4%33.9%9.9%-8.5%29.4%7.7%
CFO/Rev 3Y Avg-7.7%19.4%7.5%0.5%9.5%7.7%
FCF/Rev LTM-117.1%5.3%31.5%5.2%-12.6%26.5%5.3%
FCF/Rev 3Y Avg-7.5%17.0%4.0%-8.8%-16.0%4.0%

Valuation

NOMAMSGSTKOLYVBATRASPHRMedian
NameNomadar Madison .TKO Live Nat.Atlanta .Sphere E. 
Mkt Cap0.09.413.842.33.65.17.3
P/S24.28.22.61.64.83.84.3
P/Op Inc-11.9304.113.854.8-88.2-66.81.0
P/EBIT-10.0240.913.942.2-124.4-35.31.9
P/E-9.31,212.860.2314.0-55.7-72.825.4
P/CFO-20.7150.27.716.2-55.812.810.3
Total Yield-10.7%0.1%8.4%0.3%-1.8%-1.4%-0.6%
Dividend Yield0.0%0.0%6.8%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg-1.5%6.3%2.9%-2.0%-15.7%1.5%
D/E0.00.10.40.30.20.20.2
Net D/E0.00.10.30.10.20.10.1

Returns

NOMAMSGSTKOLYVBATRASPHRMedian
NameNomadar Madison .TKO Live Nat.Atlanta .Sphere E. 
1M Rtn-29.2%-1.1%1.6%4.3%2.4%-1.1%0.2%
3M Rtn-39.1%4.0%-9.7%7.9%4.0%2.3%3.1%
6M Rtn-46.8%17.4%-16.9%12.0%15.1%19.0%13.6%
12M Rtn-89.9%96.8%-1.1%9.1%17.3%212.7%13.2%
3Y Rtn-89.9%118.7%89.9%114.9%33.2%304.1%102.4%
1M Excs Rtn-36.9%-7.6%-3.2%-4.7%-1.2%-8.2%-6.1%
3M Excs Rtn-40.9%2.3%-11.4%6.1%2.2%0.6%1.4%
6M Excs Rtn-58.9%5.3%-29.0%-0.1%3.0%6.9%1.5%
12M Excs Rtn-108.8%79.4%-18.0%-9.3%-1.2%210.5%-5.2%
3Y Excs Rtn-163.7%47.7%16.0%42.2%-39.5%208.6%29.1%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil202520242023
Single Segment100
Total100


Operating Income by Segment
$ Mil20252024
Single Segment-3-1
Total-3-1


Net Income by Segment
$ Mil20252024
Single Segment-3-1
Total-3-1


Assets by Segment
$ Mil20242023
Single Segment00
Total00


Price Behavior

Price Behavior
Market Price$2.13 
Market Cap ($ Bil)0.0 
Distance from 52W High-89.9% 
   50 Days200 Days
DMA Price$11.57$11.57
DMA Trenddowndown
Distance from DMA-81.6%-81.6%
 3M1YR
Volatility104.3%127.3%
Downside Capture119.10139.78
Upside Capture-124.24-202.69
Correlation (SPY)-4.3% 
NOMA Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta-2.07-0.72-0.41-0.510.850.73
Up Beta-0.560.12-0.870.56-0.95-1.86
Down Beta2.540.35-0.83-0.691.260.57
Up Capture-477%-163%-49%-65%-57%-5%
Bmk +ve Days11223567138427
Stock +ve Days71624558080
Down Capture-285%-110%18%-95%71%40%
Bmk -ve Days11212859114326
Stock -ve Days15273869104104

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with NOMA
NOMA-89.9%127.3%-1.54-
Sector ETF (XLY)0.9%19.4%-0.080.2%
Equity (SPY)20.1%12.8%1.16-0.6%
Gold (GLD)30.9%29.0%0.921.5%
Commodities (DBC)39.9%20.3%1.54-0.8%
Real Estate (VNQ)9.9%13.7%0.44-4.4%
Bitcoin (BTCUSD)-30.1%43.7%-0.703.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with NOMA
NOMA-36.7%127.3%-1.54-
Sector ETF (XLY)6.5%24.1%0.230.2%
Equity (SPY)13.1%17.2%0.59-0.6%
Gold (GLD)19.7%18.7%0.851.5%
Commodities (DBC)11.5%19.6%0.46-0.8%
Real Estate (VNQ)2.0%18.9%0.00-4.4%
Bitcoin (BTCUSD)9.6%52.7%0.373.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with NOMA
NOMA-20.5%127.3%-1.54-
Sector ETF (XLY)12.3%22.2%0.510.2%
Equity (SPY)15.2%17.9%0.72-0.6%
Gold (GLD)12.2%16.3%0.611.5%
Commodities (DBC)7.3%18.0%0.33-0.8%
Real Estate (VNQ)5.0%20.7%0.20-4.4%
Bitcoin (BTCUSD)63.4%66.1%1.033.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date8142026
Short Interest: Shares Quantity0.0 Mil
Short Interest: % Change Since 731202611.8%
Average Daily Volume0.0 Mil
Days-to-Cover Short Interest2
Basic Shares Quantity17.0 Mil
Short % of Basic Shares0.2%

Earnings Returns History

Updated 8/26/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/31/20264.6%-8.9%-15.6%
SUMMARY STATS   
# Positive100
# Negative011
Median Positive4.6%  
Median Negative -8.9%-15.6%
Max Positive4.6%  
Max Negative -8.9%-15.6%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/31/20264.6%-8.9%-15.6%
SUMMARY STATS   
# Positive100
# Negative011
Median Positive4.6%  
Median Negative -8.9%-15.6%
Max Positive4.6%  
Max Negative -8.9%-15.6%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/14/202610-Q
03/31/202605/15/202610-Q
12/31/202503/31/202610-K
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
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/14/202610-Q
03/31/202605/15/202610-Q
12/31/202503/31/202610-K
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

Updated 7/21/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Sport, City Cadiz SLDirectBuy42720265.152,70013,90540,420,069Form
2Sport, City Cadiz SLDirectBuy42720265.277003,68941,347,666Form
3Sport, City Cadiz SLDirectBuy42720265.171,8009,30640,559,462Form
4Sport, City Cadiz SLDirectBuy42720265.003,00015,00039,216,785Form
5Sport, City Cadiz SLDirectBuy42720265.061,3506,83139,672,206Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Sport, City Cadiz SLDirectBuy42720265.152,70013,90540,420,069Form
2Sport, City Cadiz SLDirectBuy42720265.277003,68941,347,666Form
3Sport, City Cadiz SLDirectBuy42720265.171,8009,30640,559,462Form
4Sport, City Cadiz SLDirectBuy42720265.003,00015,00039,216,785Form
5Sport, City Cadiz SLDirectBuy42720265.061,3506,83139,672,206Form
6Sport, City Cadiz SLDirectBuy42720265.144,30022,10240,292,496Form
7Sport, City Cadiz SLDirectBuy42720265.015,20026,05239,251,882Form
8Sport, City Cadiz SLDirectBuy42720264.642,50011,60036,328,912Form
9Sport, City Cadiz SLDirectBuy42720264.412,65011,68634,517,101Form
10Sport, City Cadiz SLDirectBuy42720264.1820083632,705,812Form
11Sport, City Cadiz SLDirectBuy42720264.4320088634,661,016Form
12Sport, City Cadiz SLDirectBuy42720264.2715064033,408,296Form
13Sport, City Cadiz SLDirectBuy42720264.6920093836,693,655Form
14Sport, City Cadiz SLDirectBuy42720264.724502,12436,927,425Form
15Sport, City Cadiz SLDirectBuy42720264.715002,35536,847,069Form
16Sport, City Cadiz SLDirectBuy42720264.6610046636,453,582Form
17Sport, City Cadiz SLDirectBuy42720264.717503,53236,844,243Form
18Sport, City Cadiz SLDirectBuy42720264.501,0504,72535,198,132Form
19Sport, City Cadiz SLDirectBuy42720264.592,70012,39335,897,275Form
20Sport, City Cadiz SLDirectBuy42720264.621,5006,93036,119,423Form
21Sport, City Cadiz SLDirectBuy42720264.501,8508,32535,174,506Form
22Sport, City Cadiz SLDirectBuy42720263.966002,37630,946,240Form
23Sport, City Cadiz SLDirectBuy42720263.582,6009,30827,974,503Form
24Sport, City Cadiz SLDirectBuy42720263.621,9006,87828,277,655Form
25Sport, City Cadiz SLDirectBuy42720263.603,60012,96028,114,585Form
26Sport, City Cadiz SLDirectBuy42720263.647,22526,29928,413,865Form
27Sport, City Cadiz SLDirectBuy42720263.916,00023,46030,493,238Form
28Sport, City Cadiz SLDirectBuy42720264.5815068735,690,942Form
29Sport, City Cadiz SLDirectBuy42720265.092501,27239,664,497Form
30Sport, City Cadiz SLDirectBuy42720265.102251,14839,741,148Form
31Sport, City Cadiz SLDirectBuy42720264.612251,03735,921,844Form
32Sport, City Cadiz SLDirectBuy42720264.504001,80035,063,694Form
33Sport, City Cadiz SLDirectBuy42720264.1112551432,023,197Form
34Sport, City Cadiz SLDirectBuy42720264.043001,21231,477,284Form
35Sport, City Cadiz SLDirectBuy42720264.304001,72033,501,760Form
36Sport, City Cadiz SLDirectBuy42720264.153001,24532,331,434Form
37Sport, City Cadiz SLDirectBuy42720264.093001,22731,862,765Form
38Sport, City Cadiz SLDirectBuy42720264.093001,22731,861,538Form
39Sport, City Cadiz SLDirectBuy42720264.1820083632,561,393Form
40Sport, City Cadiz SLDirectBuy42720263.898003,11230,301,571Form
41Sport, City Cadiz SLDirectBuy42720263.827002,67429,753,243Form
42Sport, City Cadiz SLDirectBuy42720263.657502,73828,426,591Form
43Sport, City Cadiz SLDirectBuy42720264.016002,40631,227,302Form
44Sport, City Cadiz SLDirectBuy42720264.209003,78032,704,379Form
45Sport, City Cadiz SLDirectBuy42720264.501,1755,28835,036,356Form
46Sport, City Cadiz SLDirectBuy42720265.183001,55440,324,653Form
47Sport, City Cadiz SLDirectBuy42720264.721,4006,60836,742,283Form
48Sport, City Cadiz SLDirectBuy42720265.131,6508,46439,926,698Form
49Sport, City Cadiz SLDirectBuy42720265.451,1506,26842,408,259Form
50Sport, City Cadiz SLDirectBuy42720265.827004,07645,302,888Form
51Sport, City Cadiz SLDirectBuy42720266.531,75011,42850,800,017Form
52Sport, City Cadiz SLDirectBuy42720266.848005,47253,199,687Form
53Sport, City Cadiz SLDirectBuy42720266.621,70011,25051,464,991Form
54Sport, City Cadiz SLDirectBuy42720266.221,4008,70848,361,943Form
55Sport, City Cadiz SLDirectBuy42720267.224253,06856,127,067Form
56Sport, City Cadiz SLDirectBuy42720267.031,90013,36054,659,325Form
57Sport, City Cadiz SLDirectBuy42720267.512,15016,14358,351,366Form
58Sport, City Cadiz SLDirectBuy42720268.092,00016,18862,885,176Form
59Sport, City Cadiz SLDirectBuy42720267.812,25017,57260,663,058Form
60Sport, City Cadiz SLDirectBuy42720267.582,65020,08758,859,511Form
61Sport, City Cadiz SLDirectBuy42720266.632,90019,22751,465,090Form
62Sport, City Cadiz SLDirectBuy42720266.134,90030,03747,566,084Form
63Sport, City Cadiz SLDirectBuy42720266.252,10013,12548,466,606Form
64Sport, City Cadiz SLDirectBuy42720267.371,80013,26457,127,731Form
65Sport, City Cadiz SLDirectBuy42720267.615,45041,47458,983,261Form
66Sport, City Cadiz SLDirectBuy42720268.832,60022,95868,391,061Form
67Sport, City Cadiz SLDirectBuy42720268.834,50039,73568,368,103Form
68Sport, City Cadiz SLDirectBuy42720268.357,65063,89464,631,224Form
69Sport, City Cadiz SLDirectBuy42720267.107,30051,85854,916,606Form
70Sport, City Cadiz SLDirectBuy42720268.643,80032,83266,728,940Form
71Sport, City Cadiz SLDirectBuy42720268.769,50083,22067,622,443Form
72Sport, City Cadiz SLDirectBuy42720269.035,80052,37469,620,912Form
73Sport, City Cadiz SLDirectBuy42720269.307,60070,69971,667,920Form
74Sport, City Cadiz SLDirectBuy42720268.667,25062,79866,665,454Form
75Sport, City Cadiz SLDirectBuy42720267.614,80036,52858,515,626Form
76Sport, City Cadiz SLDirectBuy42720266.306,77542,65548,381,202Form
77Sport, City Cadiz SLDirectBuy42720266.664,62530,80251,133,695Form
78Sport, City Cadiz SLDirectBuy42720267.065,22536,88854,172,135Form
79Sport, City Cadiz SLDirectBuy42720266.515,05032,86549,901,969Form
80Sport, City Cadiz SLDirectBuy42720267.015,05635,45153,728,971Form
81Sport, City Cadiz SLDirectBuy42720267.192,37017,03855,050,685Form
82Sport, City Cadiz SLDirectBuy42720268.302,75022,82663,541,262Form
83Sport, City Cadiz SLDirectBuy42720268.891,96017,41667,999,315Form
84Sport, City Cadiz SLDirectBuy42720269.661,65015,93473,880,221Form
85Sport, City Cadiz SLDirectBuy427202618.571001,857142,042,784Form
86Sport, City Cadiz SLDirectBuy30320264.66415,9351,938,25735,644,088Form
87Sport, City Cadiz SLDirectBuy13020268.68260,4332,260,55862,782,535Form
Core Cache Last Updated: 8/30/2026