earnings
confidence high
sentiment negative
materiality 0.60
Perfect Moment Q1 FY27 revenue down 21.9% to $1.2M; net loss narrows to $3.5M
Perfect Moment Ltd.
2027-Q1 EPS reported
-$0.07
revenue$1,150,000
- Revenue fell 21.9% to $1.2M vs $1.5M; wholesale up 268% to $563K, eCommerce down 40.2% to $585K.
- Net loss improved to $3.5M ($0.07/share) from $3.8M ($0.21/share); adjusted EBITDA loss widened to $3.1M.
- Gross margin fell 580bps to 54.5%; operating expenses down 1.4% to $3.89M.
- Cash $0.7M at June 30; raised $2.0M in May 2026; $6.0M drawn on $10M revolver, $1.0M more in July.
- Transitioning to full-price luxury model; September Fall/Winter 2026 launch expected to drive peak season.