Perfect Moment (PMNT) Q4 2026 earnings summary

Executive summary

• Revenue increased 9.8% year-over-year to $23.6 million, driven by strong wholesale growth and improved operational execution.

• Gross margin expanded significantly to 67.6% from 48.5% due to supply chain efficiencies and disciplined pricing.

• Net loss narrowed to $7.1 million from $15.9 million in the prior year, reflecting improved profitability despite ongoing investments.

• Adjusted EBITDA improved by $7.8 million, primarily from higher gross profit and cost discipline.

• The company remains focused on expanding its digital and retail footprint, product diversification, and international reach.

Financial highlights

• Revenue: $23.6 million (up from $21.5 million year-over-year).

• Gross profit: $16.0 million (up from $10.4 million); gross margin: 67.6%.

• Net loss: $7.1 million (improved from $15.9 million loss prior year).

• Adjusted EBITDA: $(3.5) million, a $7.8 million improvement year-over-year.

• Cash and cash equivalents at year-end: $1.2 million; accumulated deficit: $72.0 million.

Outlook and guidance

• Management expects continued operating losses and negative cash flows as investments in growth persist.

• Existing cash and financing arrangements are expected to fund operations for at least the next 12 months, excluding working capital for production.

• The company may seek additional debt or equity financing to support growth and working capital needs.