Revenue: As of FY2026, the actual value is USD 23.6 M, beating the estimate of USD 22.85 M.

EPS: As of FY2026, the actual value is USD -0.23.

EBIT: As of FY2026, the actual value is USD -4.851 M.

Perfect Moment Ltd. reported its financial results for fiscal Q4 and the full year ended March 31, 2026.

Fiscal Full Year 2026 Financial Highlights

• Total Net Revenue: Increased 9.8% to $23.6 million compared to $21.5 million in the prior year period.
• Gross Margin: Improved to 67.6% from 48.5% in the prior year period.
• Gross Profit: Increased 53.0% to $16.0 million compared to $10.4 million in the prior year period.
• Total Operating Expenses: Decreased 12.5% to $21.2 million compared to $24.2 million in the prior year period.
  • Selling, general and administrative expenses were $17,965 thousand compared to $20,685 thousand in the prior year.
  • Marketing and advertising expenses were $3,234 thousand compared to $3,540 thousand in the prior year.
• Loss from Operations: Improved by approximately $8.6 million to -$5.2 million compared to a loss of -$13.8 million in the prior year period.
• Net Loss: Improved by approximately $8.8 million to -$7.1 million compared to a net loss of -$15.9 million in the prior year period.
• Adjusted EBITDA Loss: Improved by approximately $7.8 million to -$3.5 million compared to an adjusted EBITDA loss of -$11.3 million in the prior year period.
• Interest Expense and Finance Costs: -$2,280 thousand compared to -$2,046 thousand in the prior year.
• Foreign Currency Transactions Gain (Loss): $4 thousand compared to -$107 thousand in the prior year.
• Other Income: $385 thousand compared to $10 thousand in the prior year.
• Total Other Expense, Net: -$1,891 thousand compared to -$2,143 thousand in the prior year.
• Comprehensive Loss: -$7,414 thousand compared to -$15,877 thousand in the prior year.

Fiscal Q4 2026 Financial Highlights

• Total Net Revenue: Increased 13.4% to $5.7 million compared to $5.0 million in Q4 FY25.
• Gross Margin: Improved significantly to 83.0% compared to 32.0% in Q4 FY25.
• Gross Profit: Increased significantly to $4.7 million compared to $1.6 million in Q4 FY25.
• Total Operating Expenses: Decreased 21.9% to $6.4 million compared to $8.2 million in Q4 FY25.
• Loss from Operations: Improved by approximately $4.9 million to -$1.6 million compared to a loss of -$6.6 million in Q4 FY25.
• Net Loss: Improved by approximately $5.8 million to -$1.6 million compared to a net loss of -$7.3 million in Q4 FY25.
• Adjusted EBITDA Loss: Improved by approximately $4.7 million to -$1.0 million compared to an adjusted EBITDA loss of -$5.7 million in Q4 FY25.

Segment Revenue

• Full Year 2026:
  • eCommerce Net Revenue: Decreased 17.9% to $8.3 million compared to $10.1 million in the prior year period.
  • Wholesale Revenue: Increased 42.3% to $14.4 million compared to $10.1 million in the prior year period.
• Q4 2026:
  • eCommerce Net Revenue: Decreased 12.7% to $3.7 million compared to $4.3 million in the prior year quarter.
  • Wholesale Revenue: Increased significantly to $1.5 million compared to $45,000 in the prior year quarter.

Balance Sheet Highlights (as of March 31, 2026)

• Cash and Cash Equivalents: $1,151 thousand compared to $6,159 thousand as of March 31, 2025.
• Accounts Receivable, Net: $2,146 thousand compared to $886 thousand as of March 31, 2025.
• Inventories, Net: $3,897 thousand compared to $1,567 thousand as of March 31, 2025.
• Total Current Assets: $10,144 thousand compared to $12,774 thousand as of March 31, 2025.
• Total Assets: $12,228 thousand compared to $13,337 thousand as of March 31, 2025.
• Total Current Liabilities: $6,742 thousand compared to $11,481 thousand as of March 31, 2025.
• Total Liabilities: $12,914 thousand compared to $11,481 thousand as of March 31, 2025.
• Total Stockholders’ (Deficit) Equity: -$686 thousand compared to $1,856 thousand as of March 31, 2025.

Operational Metrics (Brand and Marketing)

• Global UVPM (Unique Visitors per Month): 16.8 billion, representing a 1.2% year-over-year increase.
• Total Social Audience (KOLs): 1.2 billion, representing a 28% year-over-year increase.
• Social Audience During Ski Season (FQ3–FQ4): 905.2 million, representing a 52% year-over-year increase.
• A strategic collaboration with Alpine Formula One Team generated over 1.1 billion in global PR reach (UVPM).

Outlook

Perfect Moment Ltd. anticipates that its strong operational foundation will enable profitable growth in fiscal 2027 and beyond, with an aim to deliver lasting value for shareholders. The company expects to pursue continued profitable growth and create long-term shareholder value by leveraging its infrastructure, cost discipline, and commercial momentum, particularly as it enters fiscal 2027 and the winter season. Significant opportunities are identified in underpenetrated and emerging markets, supported by the brand’s aspirational positioning and growing global media presence for customer acquisition.