Perfect Moment Reports Fiscal Q1 2027 Results
Perfect Moment reported fiscal Q1 revenue of $1.2 million, down 21.9% year-over-year, due to a strategic shift away from discounted online sales and the absence of non-recurring partnership revenue. Wholesale revenue surged 268% to $563,000, while net loss narrowed to $3.5 million, or $(0.07) per share, driven by a $542,000 decrease in interest expense.
Key figures
- Revenue
- 1200000
- Revenue Yoy
- -21.9%
- Net loss
- 3500000
- Gross margin
- 54.5%
- Wholesale revenue
- 563000
- Adjusted ebitda loss
- 3100000
- Gross proceeds raised
- 2000000
- Wholesale revenue yoy
- 268%
- Undrawn credit facility
- 4000000
AI analysis
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