Novus Acquisition & Development Corp. logo

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-75%
1 Year-32%
1 Month-1%
$0.01
+4.58%
+0.00Today
Novus Acquisition & Development Corp. last closing stock price
MetricPriceDate
Last closeUSD 0.012026-10-12
Novus Acquisition & Development Corp. stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+4.58%USD 0.012026-10-02
1 month-1.08%USD 0.012026-09-11
3 month-1.44%USD 0.012026-07-14
Year to date+1.48%USD 0.012025-12-31
1 year-31.84%USD 0.022025-10-10
3 year-41.01%USD 0.022023-10-13
5 year-74.63%USD 0.052021-10-13
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)

-0.26 (Low)

Price

$0.01

Volume

1,005

Open

$0.01

Previous Close

$0.01

Daily Range

$0.01 - $0.01

52-Week Range

$0.00 - $0.03

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 benefit options, including dental and telemedicine services.

Products and Services
  • Specialized health policies for CBD and THC markets
  • Supplementary benefits including dental, vision, and telemedicine
  • Insurance solutions tailored for the cannabis industry
Growth Outlook
  • Revenue increased to $107,785 in Q2 2026, showing consistent growth
  • Operating income margin improved to 47.17% in Q2 2026
  • Strong cash flow from operations, reaching $36,135 in Q3 2023
Financial Highlights
  • Trailing twelve months (TTM) P/E ratio stands at 11.91, indicating potential value
  • Net income margin of 46.61% reflects strong profitability
  • Current ratio of 1.43 suggests solid liquidity position
Novus Acquisition & Development Corp. has established itself as a key player in the insurance sector, particularly within the cannabis market. The company's focus on specialized health policies positions it well to capitalize on the growing demand for cannabis-related insurance products. Recent financial performance indicates a positive trajectory, with revenue growth and strong operating margins. The solid cash flow from operations further enhances the company's financial stability, making it an intriguing option for potential investors. The favorable P/E ratio and net income margin suggest that Novus may offer value in the current market landscape.
AI Generated • Oct 4, 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

1.00K

Avg. Volume

7.73K

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 $0.03.

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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