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Novus Acquisition & Development Corp.(OTC) NDEV

Market Cap$1.28MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2003)-100%
5 Year-76%
1 Year-56%
1 Month-6%
$0.01
+0.00%
+0.00Today
Novus Acquisition & Development Corp. last closing stock price
MetricPriceDate
Last closeUSD 0.012026-08-28
Novus Acquisition & Development Corp. stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-5.76%USD 0.012026-08-21
1 month-5.76%USD 0.012026-07-29
3 month-3.68%USD 0.012026-05-29
Year to date-2.96%USD 0.012025-12-31
1 year-55.59%USD 0.032025-08-28
3 year-34.34%USD 0.022023-08-29
5 year-76.18%USD 0.062021-08-27
Since inception-100%USD 375.002003-06-16

Novus Acquisition & Development Corp. Financials at a Glance

Market Cap

$1.28MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$421.59K

Net Income (TTM)

$196.49K

EPS (TTM)

$0.00

P/E Ratio

8.19

Dividend

$0.00

Beta (Volatility)

-0.27 (Low)

Price

$0.01

Volume

34,650

Open

$0.01

Previous Close

$0.01

Daily Range

$0.01 - $0.01

52-Week Range

$0.00 - $0.04

Estimated Earnings Date

N/A

NDEV News

No articles available.

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About Novus Acquisition & Development Corp.

Novus Acquisition & Development Corp. operates as an insurance provider in California, focusing on specialized health policies for the cannabis market. The company, through its subsidiary WCIG Insurance Service, Inc., offers a range of supplementary benefits, including dental and telemedicine services.

Products and Services
  • Specialized health policies for CBD and THC markets
  • Supplementary benefits including dental, vision, and hearing
  • Telemedicine services for enhanced healthcare access
Growth Outlook
  • Revenue increased to $106,613 in Q1 2026, showing consistent growth
  • Operating income margin of 44.79% indicates strong operational efficiency
  • Positive cash flow from operations, reaching $36,135 in Q3 2023
Financial Highlights
  • Trailing twelve months (TTM) P/E ratio of 9.53 suggests attractive valuation
  • Net income margin of 47.40% reflects robust profitability
  • Cash and cash equivalents totaled $245,977 as of Q1 2026, ensuring liquidity
Novus Acquisition & Development Corp. has established itself in the niche insurance market for the cannabis industry, providing tailored health policies that cater to a growing demographic. The company's focus on supplementary benefits enhances its service offerings, making it a competitive player in the insurance sector. Recent financial performance indicates a positive trajectory, with increasing revenues and strong profit margins. The company's ability to generate positive cash flow further supports its operational stability and growth potential. Investors may find Novus Acquisition & Development Corp. an intriguing opportunity within the diversified insurance industry, particularly as the cannabis market continues to expand.
AI Generated • Aug 2, 2026

Industry

Insurance

Sector

Financials

Employees

6

CEO

Gary Frank Labrozzi

Website

getnovusnow.com

Headquarters

Miami, FL 33131, US

NDEV Financials

Key Financial Metrics (TTM)

Gross Margin

0.00%

Operating Margin

46.61%

Net Income Margin

46.61%

Return on Equity

10.31%

Return on Capital

9.46%

Return on Assets

9.97%

Earnings Yield

12.21%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$1.28MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

97.85M

Volume

34.65K

Avg. Volume

12.71K

Financials (TTM)

Gross Profit

$0.00

Operating Income

$196.49K

EBITDA

$196.49K

Operating Cash Flow

$135.56K

Capital Expenditure

$0.00

Free Cash Flow

$135.56K

Cash & ST Invst.

$248.68K

Total Debt

$174.15K

Novus Acquisition & Development Corp. Performance Analysis

Novus Acquisition & Development Corp. annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 305,72414.7%
20232023-12-31USD 341,93011.8%
20242024-12-31USD 368,6877.8%
20252025-12-31USD 404,8889.8%
Novus Acquisition & Development Corp. sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-302.4%
Q42025-12-312.4%
Q12026-03-311.7%
Q22026-06-301.1%
Novus Acquisition & Development Corp. annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 0.0022.2%
20232023-12-31USD 0.0027.3%
20242024-12-31USD 0.00-7.1%
20252025-12-31USD 0.0015.4%
Novus Acquisition & Development Corp. sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30N/A
Q42025-12-31-25.0%
Q12026-03-3133.3%
Q22026-06-30-100.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$107.79K

+7.8%

Gross Profit

$0.00

N/A

Gross Margin

0.00%

N/A

Market Cap

$1.28MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$1.28M

N/A

Employees

1

N/A

Net Income

$50.84K

+0.7%

EBITDA

$50.84K

+0.7%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$248.68K

+7.9%

Total Debt

$174.15K

+4.3%

Accounts Receivable

$0.00

N/A

Inventory

$0.00

N/A

Long Term Debt

$0.00

N/A

Short Term Debt

$174.15K

+4.3%

Return on Assets

9.97%

N/A

Return on Invested Capital

10.94%

N/A

Free Cash Flow

$36.14K

+18.8%

Operating Cash Flow

$36.14K

+18.8%

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Questions About NDEV

What is the current price of Novus Acquisition & Development Corp.?

Novus Acquisition & Development Corp. is trading at $0.01 per share.

What is the 52-week range for Novus Acquisition & Development Corp.?

Over the past 52 weeks, Novus Acquisition & Development Corp. has traded between $0.00 and $0.04.

How much debt does Novus Acquisition & Development Corp. have?

As of the most recent reporting period, Novus Acquisition & Development Corp. reported total debt of $174.15K.

How much cash does Novus Acquisition & Development Corp. have on hand?

Novus Acquisition & Development Corp. reported $248.68K in cash and cash equivalents in its most recent financial results.

What is Novus Acquisition & Development Corp.’s dividend yield?

Novus Acquisition & Development Corp. does not currently have a dividend yield.

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