Perfect Moment (PMNT) investor relations material

Executive summary

• Achieved first profitable quarter in Q3 2026 with net income of $93K, reflecting operational transformation, disciplined execution, and cost controls across product, supply chain, and financial management.

• Revenue for Q3 was $11.7M, flat year-over-year; nine-month revenue rose 8.7% to $17.9M, driven by partnership channel growth and improved wholesale execution.

• Gross margin improved to 64.4% in Q3 2026 from 54.8% in Q3 FY25, driven by favorable channel mix, product mix, and supply chain optimization.

• Strategic focus shifted from growth at any cost to building a resilient, efficient, and profitable business, supported by an expanded leadership team from top luxury brands.

• Evolved from a niche ski wear label to a global luxury outerwear brand with strong celebrity and social media presence.

Financial highlights

• Q3 gross profit increased 17.5% to $7.5M; nine-month gross profit up 27.2% to $11.2M.

• Q3 net income improved by $2.6M to $93K, marking the first profitable quarter; nine-month net loss narrowed to $5.6M from $8.6M.

• Adjusted EBITDA for Q3 improved to $882K from a loss of $671K year-over-year; nine-month adjusted EBITDA loss was $2.5M, improved by $3.1M.

• Operating expenses decreased 9.9% in Q3 to $6.9M, reflecting cost discipline and restructuring.

• SG&A expenses declined 15% for the quarter and 9% for nine months, aided by lower stock-based compensation and cost controls.

Outlook and guidance

• Confident in sustaining profitability and driving revenue growth through disciplined execution, new product categories, and global expansion.

• Management expects continued operating losses and negative cash flows as investments in growth persist, but sufficient liquidity is expected for at least 12 months, excluding working capital financing.

• Focused on converting strong brand awareness and social reach into higher revenue via enhanced marketing and retail strategies.

• Seasonality will continue to drive quarterly fluctuations, with winter quarters strongest.

• Positioned for continued operational, financial, and strategic momentum into fiscal 2026 and beyond.