Newton Golf Company Reports 246% Revenue Increase in Q1 2025, Reduces Net Loss to $0.5 Million

Reuters
15 May
Newton Golf Company Reports 246% Revenue Increase in Q1 2025, Reduces Net Loss to $0.5 Million

Newton Golf Company reported a significant increase in revenue for the first quarter of 2025, with figures rising 246% year-over-year to $1.2 million compared to $350,000 in Q1 2024. Gross profit also saw a notable increase, climbing 348% to $852,000 from $190,000 in the same period last year. The company's gross margin expanded to 70%, up from 54% a year ago. Despite these positive developments, Newton Golf reported a net loss of $0.5 million, an improvement from the net loss of $1.2 million in Q1 2024. The increase in revenue was attributed to the growing adoption of the Newton Motion shaft, with over 30 professionals using the product across major tours. The company remains focused on expansion with plans for new products, new markets, and continued tour validation throughout 2025. Newton Golf expects full-year 2025 revenue to range between $6.5 million and $7.0 million, indicating strong growth from 2024.

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. Newton Golf Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9451653-en) on May 15, 2025, and is solely responsible for the information contained therein.

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