Perfect Moment Ltd

perfectmoment.com

What Do They Do?

Sells technical skiwear, swimwear and lifestyle apparel to consumers and premium retail partners.

How Do They Make Money?

Wholesale sales are completed when products ship or reach the customer, depending on sale terms; ecommerce sales when consumers receive products and store sales at purchase. Partnership revenue comes from minimum guarantees or partners’ sales of the company’s products.

revenue

Segment	Share	How money arrives
Wholesale Revenue Sold outright	61% FY2023: 64%	Sold outright
Ecommerce Revenues Sold outright	35%	Sold outright
Retail Sold outright	0.3%	Sold outright
Partnership Revenues Recurring	3.8%	Recurring

Who Are Their Customers?

Consumers buy through the company’s ecommerce site and select concession formats; premium retailers and licensed wholesalers also distribute its products.

Customers above 10% of revenue, FY2026

of revenue from two customers (12%, 12%)

FY2025: 24% from two customers

Do Revenues Turn Into Profits?

No. It lost $7.1M in FY2026.

Operating income, FY2026

−22% of revenue

▼ −62% (Loss) vs FY2025 (−$13.8M, −64%)

Net income, FY2026

−30% of revenue

▼ −55% (Loss) vs FY2025 (−$15.9M, −74%)

Free cash flow, FY2026

−40% of revenue

▼ −8% (Loss) vs FY2025 (−$10.2M, −47%)

How Are They Changing?

Since the FY2026 annual report

Latest quarter: Q1 FY2027, the three months to Jun 30, 2026

Revenue: ▼ −22%; vs $1.5M in Q1 FY2026
Net income: ▼ −7% (Loss); vs −$3.8M in Q1 FY2026

Wholesale Revenue share of total revenue, net vs 10.4% in Q1 FY2026

Revenue over time

Wholesale Revenue Ecommerce Revenues Retail Partnership Revenues Ecommerce Revenue

$25M$12.5M$0

FY2023 FY2024 FY2025 FY2026

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