Group 1 - The core announcement is the appointment of Sharifa AlSudairi as a brand ambassador for Perfect Moment Ltd. [1] - Sharifa AlSudairi is recognized as Saudi Arabia's first female Alpine skier, which adds competitive credibility to the brand [1] - The appointment reflects the company's strategy to fuse technical excellence with fashion-led designs, enhancing its luxury lifestyle brand image [1]

LONDON, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Perfect Moment Ltd. (NYSE American: PMNT) (“Perfect Moment” or the “Company”), the high-performance, luxury skiwear and lifestyle brand that fuses technical excellence with fashion-led designs, is confirmed to present at the 2025 Annual Gateway Conference, which is being held September 3-4 at the Four Seasons Hotel in San Francisco, CA. Perfect Moment’s management team is scheduled to present on Thursday, September 4th at 10:30 a.m. Pacific Time (PT). The presentat ...

Financial Performance - Total net revenue for fiscal Q3 2025 was $11.7 million, a decrease of 8% from $12.7 million in the same year-ago quarter, primarily due to a $1.1 million decline in collaborations revenue[22]. - eCommerce net revenue declined 1% to $3.7 million compared to $3.8 million in the year-ago quarter, while wholesale revenue totaled $7.3 million, down 6% from $7.8 million[24]. - Net loss totaled $2.5 million or $(0.15) per basic and diluted share, compared to a net income of $1.2 million or $0.08 per diluted share in the year-ago period[26]. - Adjusted EBITDA totaled a negative $671,000, compared to positive $1.7 million in the year-ago quarter, primarily due to the collaboration with Hugo Boss that ended in fiscal 2024[27]. - Total revenue for the three months ended December 31, 2024, was $11,658, a decrease of 8.4% compared to $12,726 for the same period in 2023[40]. - Gross profit for the nine months ended December 31, 2024, was $8,819, down 15.1% from $10,388 in the same period of 2023[40]. - Net loss for the three months ended December 31, 2024, was $2,482, compared to a net income of $1,204 for the same period in 2023[40]. - Adjusted EBITDA for the three months ended December 31, 2024, was $(671), a decline from $1,749 in the same period of 2023[44]. Expenses and Liabilities - Total operating expenses increased 30% to $7.7 million from $5.9 million in the year-ago quarter, driven by increased SG&A expenses[26]. - Total liabilities rose to $12,327 as of December 31, 2024, from $4,846 as of March 31, 2024[41]. - The company incurred $1,046 in interest expense for the three months ended December 31, 2024, compared to $403 for the same period in 2023[44]. Cash and Assets - Cash, cash equivalents, and restricted cash totaled $4.1 million as of December 31, 2024, up from $2.6 million as of September 30, 2024, primarily due to increased cash from financing activities[28]. - Total current assets increased to $12,481 as of December 31, 2024, compared to $11,917 as of March 31, 2024[41]. - Cash and cash equivalents decreased to $2,772 as of December 31, 2024, down from $7,910 as of March 31, 2024[41]. - The company reported a significant increase in trade payables, which rose to $1,739 as of December 31, 2024, compared to $1,584 as of March 31, 2024[41]. Growth and Marketing Initiatives - The company launched a new AW24 collection and partnered with Johnnie Walker for a limited-edition Ice Chalet Scotch Whisky, enhancing brand visibility[6]. - Social media following reached 408,900, up 19.2% from the same year-ago quarter, with a total audience reach of over 299 million from global KOLs[12]. - The company plans to expand its outerwear product range, targeting the larger and faster-growing global luxury outerwear market[21]. Shareholder Information - The weighted average number of common shares outstanding (basic) increased to 16,177,559 as of December 31, 2024, from 5,233,402 as of December 31, 2023[40].

Revenue Performance - eCommerce gross revenue increased 27% to $1.7 million, with eCommerce net revenue up 8% to $1.2 million compared to $1.1 million in the year-ago quarter[1][27]. - Total net revenue decreased 35% to $3.8 million from $5.9 million in the same year-ago quarter, primarily due to a $2.0 million decline in collaborations revenue from the Hugo Boss partnership[3][26]. - Total revenue for the three months ended September 30, 2024, was $1,155,000, compared to $1,066,000 for the same period in 2023, representing an increase of 8.3%[43]. Profitability and Loss - Gross margin was 54.0%, down from 55.7% in the same year-ago quarter, attributed to lower sales and a higher percentage of lower margin eCommerce sales[4][28]. - Net loss was $2.7 million or $(0.17) per share, compared to a net loss of $0.8 million or $(0.29) per share in the year-ago period[30]. - Adjusted EBITDA was negative $2.0 million, compared to negative $958,000 in the year-ago quarter, primarily due to the conclusion of the Hugo Boss collaboration[31]. - The net loss for the three months ended September 30, 2024, was $2,744,000, compared to a net loss of $1,511,000 for the same period in 2023, indicating a worsening of 81.5%[47]. - The company reported a comprehensive loss of $(2,723,000) for the three months ended September 30, 2024, compared to $(772,000) for the same period in 2023, an increase of 252.5%[43]. - Adjusted EBITDA for the three months ended September 30, 2024, was $(1,996,000), compared to $(958,000) for the same period in 2023, indicating a decline of 108.7%[47]. Operating Expenses - Total operating expenses increased 29% to $4.6 million from $3.6 million in the year-ago quarter, driven by increased SG&A expenses[30]. - Total operating expenses for the three months ended September 30, 2024, were $4,628,000, up from $3,581,000 in the same period of 2023, an increase of 29.2%[43]. Cash and Liabilities - Cash and cash equivalents as of September 30, 2024, were $725,000, a significant decrease from $7,910,000 as of March 31, 2024[44]. - Total current liabilities increased to $10,580,000 as of September 30, 2024, compared to $4,802,000 as of March 31, 2024, an increase of 120.0%[44]. Inventory and Shares - Inventories as of September 30, 2024, were $5,331,000, up from $2,230,000 as of March 31, 2024, an increase of 139.5%[44]. - The weighted average number of common shares outstanding for the three months ended September 30, 2024, was 15,781,264, compared to 5,186,555 for the same period in 2023, an increase of 203.5%[43]. Strategic Initiatives - The company opened its first seasonal retail location in SoHo, New York City, in October, enhancing brand visibility and customer engagement[5][20]. - A new U.S. fulfillment center was established to improve shipping efficiency and reduce costs, expected to enhance gross margins in the second half of fiscal 2025[6][22]. - Social media following increased by 19.2% to 388,000, with global media coverage reaching over 203 million through key opinion leaders[8][9]. - The company launched a new AW24 collection and partnered with Johnnie Walker for a limited-edition product, aiming to enhance brand awareness and customer engagement[11][12].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission file number: 001-41930 Perfect Moment Ltd. (Exact name of registrant as specified in its charter) Delaware 86-1437114 (State or other ...

Exhibit 99.1 Perfect Moment Reports Fiscal Q1 2025 Results LONDON, August 14, 2024—(BUSINESS WIRE)—Perfect Moment Ltd. (NYSE American: PMNT), the high-performance, luxury skiwear and lifestyle brand that fuses technical excellence with fashion-led designs, has reported results for the fiscal first quarter ended June 30, 2024. All financial comparisons are to the same year ago quarter unless otherwise noted. Financial Highlights ● Gross revenue increased 43% to $1.9 million from $1.3 million in the same year ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Delaware 86-1437114 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.0001 PMNT NYSE American LLC Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☒ Smaller reporting company ☒ Emerging growth company ☒ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) ...

● Total global unique visitors per month (UVPM) to all digital media coverage Perfect Moment received during the 2023 ski season (fiscal Q3 - Q4) exceeded 7.5 billion, further elevating global brand awareness. Fiscal 2024 Financial Highlights ● Gross profit improved 40 basis points to 37.8%. ● Net loss improved by $1.6 million to $8.7 million versus loss of $10.3 million. Fiscal 2024 Operational Highlights ● Strengthened corporate governance with key appointments to the board: Andre Keijsers, with more than ...

Corporate Governance - The company has established an audit committee, a compensation committee, and a nominating and corporate governance committee to enhance corporate governance[187]. - The audit committee is chaired by Andre Keijsers, who is designated as an "audit committee financial expert" and is responsible for overseeing the integrity of financial statements[189][192]. - The company intends to comply with the heightened independence requirements for all members of the audit committee within the specified time periods following its listing on NYSE American[188]. - The compensation committee is responsible for evaluating the performance of the CEO and determining executive compensation[193]. - The nominating and corporate governance committee will oversee the evaluation of the board of directors and management, ensuring appropriate skills and expertise are present[196]. - The board of directors may establish additional committees as needed to address corporate governance and oversight[187]. Financial Reporting and Compliance - The company has a commitment to transparency and compliance with legal and regulatory requirements related to financial reporting[192]. - The audit committee's responsibilities include reviewing annual and quarterly financial statements and assessing the independence of the independent registered public accounting firm[190][192]. Risk Factors - The company has identified various risk factors that could impact future performance, which are detailed in the Annual Report[15]. - Revenue has primarily been generated in U.S. dollar, U.K. pound sterling, and euro, exposing the company to foreign exchange risk due to fluctuations in these currencies[209]. - The company has not hedged its foreign currency exposure to date and will continue to monitor the impact of foreign exchange risk[209]. - The company is beginning to observe increases in costs of goods sold, particularly in transportation costs, which may harm its business if inflationary pressures persist[204]. Leadership Changes - The company has appointed a new Chief Financial Officer, Mr. Clayborne, who has over 25 years of experience in finance and business development[198].

Exhibit 99.1 DRAFT 3-24-24g - CONFIDENTIAL - Perfect Moment Reports Fiscal Q3 2024 Results LONDON, March 25, 2024—(BUSINESS WIRE)—Perfect Moment Ltd. (NYSE American: PMNT), a global luxury lifestyle brand combining fashion with technical performance for skiwear, outerwear, swimwear and activewear, reported results for the three and nine months periods ended December 31, 2023. All comparisons are to the same year-ago period unless otherwise noted. Fiscal Nine Months 2024 Financial Highlights Fiscal Q3 Operat ...