51% year-over-year revenue growth and record gross margin of 60.4% Strong margin expansion driven by new revenue streams, enhanced channel mix, and disciplined cost management Perfect Moment Ltd. (NYSE:PMNT) ("Perfect Moment" or the "Company"), the high-performance, luxury skiwear and lifestyle brand that fuses technical excellence with fashion-led designs, reported results for its fiscal first quarter 2026 ended June 30, 2025. Financial Highlights Revenue up 51% to $1.5 million compared to $974,000 in Q1 FY25. Gross margin improved to a record 60.4%, up from 36.6% in Q1 FY25. Growth driven by the successful launch of new revenue streams, including collaboration and partnersh

New Distribution Hub Reduces Touchpoints, Lowers Expenses and Enables Scalable Growth Perfect Moment Ltd. (NYSE:PMNT) ("Perfect Moment" or the "Company"), the high-performance, luxury skiwear and lifestyle brand that fuses technical excellence with fashion-led designs, is announcing the successful opening of its new European warehouse and distribution hub in the Netherlands, marking a major milestone in its global logistics transformation. Perfect Moment's new facility in Holland will replace its former warehouses in the UK and Hong Kong, which are due to close as part of a broader restructuring initiative to streamline operations, reduce costs, and enhance the customer experience. Th

Perfect Moment Ltd. (NYSE:PMNT) ("Perfect Moment" or the "Company"), the high-performance, luxury skiwear and lifestyle brand that fuses technical excellence with fashion-led designs, today announced the closing of its previously announced public offering of 10,000,000 shares of its common stock at a public offering price of $0.30 per share, for gross proceeds of $3,000,000 before deducting underwriting discounts and offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 1,500,000 shares of common stock to cover over-allotments, if any, at the public offering price, less underwriting discounts and commissions. The Company i

Perfect Moment Ltd. (NYSE:PMNT) ("Perfect Moment" or the "Company"), the high-performance, luxury skiwear and lifestyle brand that fuses technical excellence with fashion-led designs, today announced the pricing of its underwritten public offering of 10,000,000 shares of its common stock. Each share of common stock is being sold at a public offering price of $0.30 per share for gross proceeds of $3,000,000, before deducting underwriting discounts and offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 1,500,000 shares of common stock at the public offering price less discounts and commissions, to cover over-allotments. The

Perfect Moment Ltd. (NYSE:PMNT) ("Perfect Moment" or the "Company"), the high-performance, luxury skiwear and lifestyle brand that fuses technical excellence with fashion-led designs, today announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company. ThinkEquity is acting as sole book-running manager for the offering. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The Company intends to use the net proceeds from the offering for repayment of debt,

Perfect Moment Ltd. (NYSE:PMNT), the luxury outerwear and activewear brand renowned for its alpine heritage and fashion-forward performance wear, today unveiled the PERFECT MOMENT x BWT ALPINE FORMULA ONE TEAM capsule collection. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250625141574/en/Perfect Moment and BWT Alpine Formula One Team Introduce Luxury Performance Sportswear Collection. Designed in cooperation with BWT Alpine Formula One Team, the collection marks the debut of a creative collaboration that fuses the adrenaline of motorsport with the precision of mountain performance. The launch reflects the shared DNA of both

Company Marks Beginning of Transformation with Structural Changes for Scale Perfect Moment Ltd. (NYSE:PMNT), the high-performance luxury skiwear and lifestyle brand, reported preliminary unaudited financial results for its fiscal fourth quarter and year ended March 31, 2025. Despite broader market softness impacting luxury apparel, in the fourth fiscal quarter Perfect Moment is expected to deliver a 2.6% increase in revenue to $5.0 million. For the full year, revenue is expected to decline 12% to $21.4 million. However, excluding the Hugo Boss collaboration which ended in fiscal 2024, revenue rose an estimated 1% year-over-year. Revenue was lower in part due to one of the company's la

CAMARILLO, Calif., June 10, 2025 (GLOBE NEWSWIRE) -- via IBN -- NEWTON GOLF Company (NASDAQ:NWTG) ("NEWTON GOLF" or the "Company"), a leading developer of performance-driven golf equipment, today announced the appointment of Jeff Clayborne as Chief Financial Officer, effective immediately. Mr. Clayborne will be responsible for overseeing all aspects of the Company's financial operations, including financial planning and analysis, investor relations, capital markets strategy, accounting, and compliance. Mr. Clayborne brings more than 30 years of senior financial leadership experience across public and private companies in consumer products, technology, and entertainment. Most recently, he

New Capital Supports Strategic Growth; Company Eliminates All Convertible Debt Perfect Moment Ltd. (NYSE:PMNT) ("Perfect Moment" or the "Company"), the high-performance luxury skiwear and lifestyle brand, today announced that it has closed a private placement financing of approximately $6.4 million of its newly created 12% Series AA Convertible Preferred Stock. The 1,723,989 shares of Series AA Convertible Preferred Stock are convertible into shares of common stock at a fixed price of $1.1601 per common share. Participants in the offering include Max Gottschalk, co-founder and chairman of Perfect Moment, who personally invested $2.0 million, reflecting his continued confidence in the comp

BWT Alpine Formula One Team and luxury skiwear and lifestyle brand Perfect Moment Ltd. (NYSE:PMNT) will come together to reveal a special-edition, capsule collection that effortlessly fuses Perfect Moment's refined ski lifestyle with the team's cutting-edge, racing performance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250326524236/en/ The sophisticated collection brings together two brands born in the French Alps with BWT Alpine Formula One Team's motor racing heritage and Perfect Moment, founded in the mountains near Chamonix with a reputation for high-performance skiwear, delivering a unique apparel range that embodies th

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51% year-over-year revenue growth and record gross margin of 60.4% Strong margin expansion driven by new revenue streams, enhanced channel mix, and disciplined cost management Perfect Moment Ltd. (NYSE:PMNT) ("Perfect Moment" or the "Company"), the high-performance, luxury skiwear and lifestyle brand that fuses technical excellence with fashion-led designs, reported results for its fiscal first quarter 2026 ended June 30, 2025. Financial Highlights Revenue up 51% to $1.5 million compared to $974,000 in Q1 FY25. Gross margin improved to a record 60.4%, up from 36.6% in Q1 FY25. Growth driven by the successful launch of new revenue streams, including collaboration and partnersh

CAMARILLO, Calif., June 10, 2025 (GLOBE NEWSWIRE) -- via IBN -- NEWTON GOLF Company (NASDAQ:NWTG) ("NEWTON GOLF" or the "Company"), a leading developer of performance-driven golf equipment, today announced the appointment of Jeff Clayborne as Chief Financial Officer, effective immediately. Mr. Clayborne will be responsible for overseeing all aspects of the Company's financial operations, including financial planning and analysis, investor relations, capital markets strategy, accounting, and compliance. Mr. Clayborne brings more than 30 years of senior financial leadership experience across public and private companies in consumer products, technology, and entertainment. Most recently, he

New Capital Supports Strategic Growth; Company Eliminates All Convertible Debt Perfect Moment Ltd. (NYSE:PMNT) ("Perfect Moment" or the "Company"), the high-performance luxury skiwear and lifestyle brand, today announced that it has closed a private placement financing of approximately $6.4 million of its newly created 12% Series AA Convertible Preferred Stock. The 1,723,989 shares of Series AA Convertible Preferred Stock are convertible into shares of common stock at a fixed price of $1.1601 per common share. Participants in the offering include Max Gottschalk, co-founder and chairman of Perfect Moment, who personally invested $2.0 million, reflecting his continued confidence in the comp

BWT Alpine Formula One Team and luxury skiwear and lifestyle brand Perfect Moment Ltd. (NYSE:PMNT) will come together to reveal a special-edition, capsule collection that effortlessly fuses Perfect Moment's refined ski lifestyle with the team's cutting-edge, racing performance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250326524236/en/ The sophisticated collection brings together two brands born in the French Alps with BWT Alpine Formula One Team's motor racing heritage and Perfect Moment, founded in the mountains near Chamonix with a reputation for high-performance skiwear, delivering a unique apparel range that embodies th

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