---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-032392"
form_type: "8-K"
ticker: "PMNT"
cik: "0001849221"
company_name: "Perfect Moment Ltd."
filed_at: "2024-08-14T23:59:59+00:00"
generated_at: "2026-05-31T09:24:50.085232+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-24-032392
- form_type: 8-K
- ticker: PMNT
- cik: 0001849221
- company_name: Perfect Moment Ltd.
- filed_at: 2024-08-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1849221/000149315224032392/0001493152-24-032392-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1849221/000149315224032392/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-032392
- JSON: https://secwatch.observer/filing/0001493152-24-032392.json
- Plain text: https://secwatch.observer/filing/0001493152-24-032392.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.