Financial Performance - Q3 2025 revenue reached $2.58 million, a 113% increase from $1.21 million in Q3 2024[4] - Gross profit for Q3 2025 was $1.73 million, reflecting a 115% increase year-over-year, with a gross margin of 67%[4] - Year-to-date revenue for the first nine months of 2025 was $5.86 million, up 147% from $2.37 million in the prior year period[4] - The company reaffirmed full-year 2025 revenue guidance of $7 million to $7.5 million, indicating over 100% growth year-over-year[4][12] - Cash and equivalents stood at $2.55 million as of September 30, 2025, supporting ongoing operations and growth initiatives[12] Market Expansion - More than 60 professionals across major golf tours are using Newton shafts, enhancing brand credibility and consumer demand[5] - The launch of a dedicated Japanese e-commerce site in October 2025 aims to tap into Japan's 11.4 million active golfers, expected to contribute significantly to revenue growth in 2026[6] Product Development - Fast Motion shaft line experienced over 300% sales growth from Q2 2025 to Q3 2025, indicating strong market demand[7] - The company is developing three new premium shaft lines for launch in 2026, alongside additional product categories to broaden revenue opportunities[11] Industry Outlook - The global golf equipment market is estimated at $7 billion to $9 billion, projected to grow approximately 5% annually through 2030[11]
Sacks Parente Golf(SPGC) - 2025 Q3 - Quarterly Results