secwatch.observer — SEC 8-K summary
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Issuer:     Perfect Moment Ltd. (PMNT)
CIK:        0001849221
Form:       8-K
Filed at:   2024-03-26T23:59:59+00:00
Accession:  0001493152-24-011184
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perfect Moment Q3 net income $1.2M, revenue down 21% to $12.7M; eCommerce up 23%
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- Q3 net income $1.2M ($0.08 diluted EPS) vs $3.3M a year ago; revenue $12.7M, down 21%.
- eCommerce revenue rose 23% to record $3.8M; wholesale down 32% to $9.0M on shipment timing.
- Nine-month revenue record $19.6M (+1%); net loss narrowed to $3.0M from $7.8M.
- Gross margin improved to 39.0% for nine months; Q3 adjusted EBITDA $1.7M vs $4.1M.
- IPO on Feb 8, 2024 raised net $6.4M; pro forma cash $9.8M, no long-term debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1849221/000149315224011184/0001493152-24-011184-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1849221/000149315224011184/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-011184

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