Perfect Moment Ltd. reported its financial results for the year ended March 31, 2025, revealing a notable decrease in total revenue and net loss. The company recorded a total revenue of $21.5 million, down from $24.4 million the previous year, marking a decline of $2.9 million or 12.1%. This decrease is primarily due to the termination of a collaboration with Hugo Boss, which accounted for a revenue loss of $3.169 million. The net loss for the year amounted to $15.9 million, compared to a net loss of $8.7 million in the prior year. This reflects an increase in net loss by $7.2 million. Additionally, Perfect Moment Ltd. reported a comprehensive loss of $15.9 million, compared to $9 million in the previous year. The company did not provide specific guidance or outlook for the upcoming fiscal year.
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