Nomadar (NASDAQ:NOMA) Posts Earnings Results

Nomadar (NASDAQ:NOMA) released its quarterly earnings results on Tuesday. The company reported ($0.09) earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $0.04 million during the quarter.

Nomadar Trading Up 1.2%

NOMA traded up $0.05 during trading on Wednesday, hitting $4.25. 1,795 shares of the company’s stock were exchanged, compared to its average volume of 110,820. Nomadar has a 1 year low of $3.10 and a 1 year high of $57.70. The stock’s 50 day moving average is $4.41. The stock has a market capitalization of $53.87 million and a price-to-earnings ratio of -150.67.

Wall Street Analysts Forecast Growth

NOMA has been the subject of several analyst reports. Weiss Ratings initiated coverage on shares of Nomadar in a research note on Wednesday, January 28th. They issued a “sell (e-)” rating for the company. Wall Street Zen downgraded shares of Nomadar from a “hold” rating to a “sell” rating in a report on Saturday, December 6th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Nomadar presently has an average rating of “Sell”.

Institutional Investors Weigh In On Nomadar

Several hedge funds have recently modified their holdings of the stock. Geode Capital Management LLC purchased a new stake in Nomadar during the 4th quarter worth $173,000. Clear Street Group Inc. acquired a new position in Nomadar in the 4th quarter worth $72,000. Finally, Millennium Management LLC purchased a new position in Nomadar in the 4th quarter valued at about $255,000.

About Nomadar

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”).