Perfect Moment Ltd. Reports Fiscal Q4 Revenue Increase of 2.6% to $5M, Full Year Revenue Decline of 12% to $21.4M, Expects FY25 Net Loss of $16M

Reuters
昨天
<a href="https://laohu8.com/S/PMNT">Perfect Moment</a> Ltd. Reports Fiscal Q4 Revenue Increase of 2.6% to $5M, Full Year Revenue Decline of 12% to $21.4M, Expects FY25 Net Loss of $16M

Perfect Moment Ltd. (NYSE American: PMNT), a high-performance luxury skiwear and lifestyle brand, has announced its preliminary unaudited financial results for the fiscal fourth quarter and year ended March 31, 2025. The company reported a 2.6% increase in fourth-quarter revenue to $5.0 million, despite broader market challenges in the luxury apparel sector. However, for the full fiscal year, revenue is expected to decline by 12% to $21.4 million. Excluding the impact of the terminated Hugo Boss collaboration in fiscal 2024, revenue saw an estimated 1% year-over-year increase. The company anticipates a net loss of approximately $16.0 million for FY25, influenced by the bankruptcy of a major wholesale customer, Matches Fashion, and increased investments in leadership and infrastructure. Despite these challenges, the company has noted improvements in full-price sell-through and reduced reliance on promotions, indicating stronger pricing power and consumer demand. Perfect Moment has reported significant growth in digital engagement and brand visibility, reinforcing its status as a global luxury icon. Looking forward, the company plans to expand into year-round luxury outerwear and accessories, targeting a $30 billion+ global market growing at a 6.7% CAGR. The company's strategy includes a focus on blending technical performance with fashion-led design across different seasons.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Perfect Moment Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250617134484) on June 17, 2025, and is solely responsible for the information contained therein.

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