PMNT Research | Milton Maxwell

PMNT

Perfect Moment Ltd. Common Stock

0.4867

-0.0043-0.88%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

17.14M

P/E (TTM)

Basic EPS (TTM)

-0.83

Dividend Yield

Recent Filings

8-K

Note maturity extended two weeks.

3/6/26Mar 6, 2026

Perfect Moment extended the maturity of its $3.39M unsecured promissory note from Chairman Max Gottschalk from March 9 to March 23, 2026, keeping the 12% interest rate intact. This short extension buys time on the debt originally advanced in August 2025 for working capital. Maturity looms soon.

10-Q

Q3 FY2026 results

2/12/26Feb 12, 2026

Perfect Moment flipped to Q3 FY2026 operating profit of $583k, up from a $1.3M loss y/y, as revenue held flat at $11.7M while gross margin leaped to 64.4% from 54.8% on supply chain gains and partnership growth to $239k. YTD revenue climbed 8.7% to $17.9M, narrowing net loss to $5.6M from $8.6M, with operating loss shrinking to $3.6M; EPS improved to $(0.21) over 29.2M diluted shares. Cash dwindled to $1.6M after $8.9M op cash burn, offset by $3.3M financing including related-party notes totaling $4.9M net; trade/short-term debt cleared. Equity raise via public offering and SPA added 13.5M shares. Cash burn persists.

8-K

First profitable Q3

2/12/26Feb 12, 2026

Perfect Moment posted its first profitable quarter on February 12, 2026, with Q3 revenue steady at $11.7M yet gross margins surging to 64.4% from 54.8%, operating income flipping to $583K from a $1.3M loss, and net income hitting $93K. Wholesale jumped 15.4% to $8.5M while eCommerce dipped amid full-price shift; nine-month revenue rose 8.7% to $17.9M. Profitability clicked.

8-K

Series AA converts; warrants amended

1/21/26Jan 21, 2026

Perfect Moment's stockholders approved key measures at the January 14, 2026 Annual Meeting, triggering automatic conversion of all 924,921 Series AA Preferred shares into 11,458,306 common shares at $0.46822 the next day. The firm amended Warrant 1 with X3 Higher Moment Fund and issued Warrant 2, unlocking up to 19.99% ownership potential. Stockholders also greenlit a reverse split and authorized share increase. Dilution hits hard.

10-Q

Q2 FY2026 results

11/13/25Nov 13, 2025

Perfect Moment posted Q2 revenue of $4.8M, up 24% y/y, with gross margin jumping to 60.1% from 54.0% on higher-margin wholesale and new partnership channels; operating loss narrowed to $1.1M from $2.6M as SG&A dipped 7%. Losses widened beyond operating to $1.8M net, driven by $728K interest expense. Cash dwindled to $393K after $11.1M ops burn, offset by $4.3M financing including public offering proceeds; related-party notes total $4.9M net. Equity raised via June/July offerings and August SPA. Shares outstanding doubled to 35M. Cash is tight.

About

Perfect Moment Ltd., together with its subsidiaries, owns and operates a fashion brand that offers ski, surf, and activewear collections under the brand name of Perfect Moment in the United Kingdom, rest of Europe, the United States, and internationally. The company offers skiwear, outerwear, swimwear and activewear for women, men, and children. It sells its products through direct-to-consumer ecommerce, retail store, wholesale partnerships with retailers, select concession formats, and licensed international wholesalers. The company was founded in 1984 and is based in New York, the United States.

CEO

Ms. Jane Gottschalk

IPO

2/8/2024

Website

https://www.perfectmoment.com

Employees

Sector

Consumer Cyclical

Industry

Apparel Manufacturing