Perfect Moment Q1 net revenue flat at $974k; net loss widens to $3.4M; auditor issues going concern

Perfect Moment Ltd.

2025-Q1 EPS reported -$0.22 revenue$974,000

Gross revenue up 43% to $1.9M, but net revenue fell 1% to $974k due to higher returns and end-of-season discounting.
Net loss of $3.4M ($0.22/sh) vs $2.7M ($0.55/sh) a year ago; adjusted EBITDA loss widened to $2.9M from $2.0M.
Cash & equivalents dropped to $4.0M from $7.9M at March 31, 2024; no long-term debt.
Auditor's going concern qualification cited recurring losses and accumulated deficit; cash burn continues.
Opened SoHo pop-up (Oct 2024), partnered with Quiet Platforms for U.S. distribution, and launched resale program with Reflaunt.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.