Newton Golf Company
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Doug Barron Clinches Pure Insurance Championship Victory with Newton Golf Shafts at Pebble Beach
Globenewswire· 2025-09-22 15:45
Core Insights - Newton Golf Company celebrates the victory of sponsored athlete Doug Barron at the 2025 Pure Insurance Championship, marking a significant achievement for both the athlete and the brand [1][4]. Company Performance - Doug Barron secured his fourth career PGA TOUR Champions title and his first win of the 2025 season with a final score of 12-under 204, finishing with a 6-under-par 66 [2][3]. - Barron demonstrated exceptional performance, ranking in the Top 10 for driving accuracy at 78.6%, showcasing the effectiveness of Newton Golf's shafts [3]. Brand Impact - The victory at the prestigious $2.4 million Pure Insurance Championship enhances Newton Golf's visibility and reputation on the Tour, as its shafts gain traction among professional golfers [4]. - Greg Campbell, Chairman & CEO of Newton Golf, expressed pride in Barron's win, highlighting the alignment of Barron's resilience and skill with the company's values of precision and performance [3]. Product Innovation - Newton Golf Company is recognized for its innovative approach in the golf technology sector, focusing on physics-based engineering and precision design to improve performance [5]. - The flagship products, Newton Motion and Fast Motion shafts, are designed to provide measurable improvements in stability, control, and consistency for golfers [5].
Newton Golf Company to Present at the ArcStone-Kingswood Growth Summit 2025
Newsfile· 2025-09-16 11:00
Core Viewpoint - Newton Golf Company is set to present at the ArcStone-Kingswood Growth Summit 2025, highlighting its strong financial performance and growth outlook in the golf technology sector [1][3][4]. Company Overview - Newton Golf Company (NASDAQ: NWTG) is a technology-driven golf company focused on performance innovations through physics-based engineering [1][5]. - The company's flagship products, the Motion and Fast Motion shafts, are recognized for their improvements in stability, control, and consistency, and are used by Tour professionals globally [5]. Event Details - The ArcStone-Kingswood Growth Summit 2025 will take place on September 18, 2025, at The St. Regis Toronto, featuring presentations, fireside chats, and one-on-one meetings aimed at fostering connections between growth companies and investors [2][7]. - Newton Golf's presentation will be part of the Digital Transformation & Frontier Tech sector track, featuring remarks from CEO Greg Campbell and CFO Jeff Clayborne [3][4]. Management Insights - CEO Greg Campbell expressed excitement about sharing the company's story, emphasizing strong first-half performance, growing validation on Tour, and rapid new product adoption as key factors for long-term growth potential [4].
Newton Golf Company Officially Welcomes Rising Junior Star Addison Kloch to Its Team
Globenewswire· 2025-09-10 12:00
Core Insights - Newton Golf Company has announced the addition of Addison Kloch, a prominent junior golfer from Southern California, as an affiliated athlete, highlighting the company's commitment to nurturing emerging talent in the sport [1][2][14] - Kloch has verbally committed to play Division I golf at California State University, Fullerton, showcasing her rapid progress and potential in the golfing arena [2][11] - The company emphasizes its mission to empower golfers of all levels with scientifically engineered equipment, which is reflected in Kloch's positive experiences with their products [2][3] Company Overview - Newton Golf Company (NASDAQ: NWTG) is recognized for its innovative approach in the golf technology sector, focusing on physics-based engineering and precision design to enhance performance [3] - The company's flagship products, including the Newton Motion and Fast Motion shafts, are utilized by professional golfers globally, contributing to improvements in stability, control, and consistency [3] - Newton Golf aims to redefine golfing performance through advanced equipment, catering to both amateur and professional players [3]
Newton Golf Company's Fast Motion Shafts Now Available at Club Champion Stores Nationwide
GlobeNewswire News Room· 2025-09-03 12:00
Core Insights - Newton Golf Company has launched its Fast Motion shafts at Club Champion, enhancing access to innovative golf technology [1][2] - The Fast Motion shaft has exceeded sales expectations, generating approximately $1.4 million in orders within two months of its launch [3][2] - The shaft is engineered with advanced materials, making it lighter and more accurate, and incorporates a unique fitting system [3][5] Company Overview - Newton Golf Company is a technology-driven golf equipment manufacturer focused on performance through physics-based engineering [5] - The company aims to empower golfers with advanced equipment that enhances stability, control, and consistency [5] Product Details - The Fast Motion shaft is about 10 grams lighter than the previous Motion series, utilizing high-modulus Toray carbon fibers [3] - It features a proprietary DOT system for precise fitting based on individual swing profiles, replacing traditional flex labels [3] Market Presence - Club Champion, a leading custom golf club fitter with over 130 locations, will offer the Fast Motion shafts, allowing golfers to test and fit the product [4][7] - The collaboration with Club Champion is expected to further drive demand and sales for Newton Golf's innovative products [4]
Newton Golf Company’s Fast Motion Shafts Now Available at Club Champion Stores Nationwide
Globenewswire· 2025-09-03 12:00
Core Insights - Newton Golf Company has launched its Fast Motion shafts at Club Champion, enhancing access to innovative golf technology [1][2] - The Fast Motion shaft has exceeded sales expectations, generating approximately $1.4 million in orders within two months of its launch [3][2] - The shaft is engineered with advanced materials, making it lighter and more accurate, and incorporates a unique fitting system for personalized performance [3][5] Company Overview - Newton Golf Company is a technology-driven golf equipment manufacturer focused on performance through physics-based engineering [5] - The company aims to empower golfers of all skill levels with advanced equipment designed for measurable improvements in stability, control, and consistency [5] Product Details - The Fast Motion shaft is about 10 grams lighter than the previous Motion series, utilizing high-modulus Toray carbon fibers for enhanced stability [3] - The shaft features Newton's proprietary DOT system, which replaces traditional flex labels with a performance-based fitting approach [3] Market Presence - Club Champion, a leading custom golf club fitter with over 130 locations, will offer the Fast Motion shafts, allowing golfers to test and fit the product under expert guidance [4][7] - The collaboration with Club Champion is expected to further drive demand and sales for Newton Golf's innovative products [4]
Newton Golf Company Reports Second Quarter 2025 Financial Results
Globenewswire· 2025-08-14 11:15
Core Insights - Newton Golf Company reported a significant revenue increase of 154% year-over-year for Q2 2025, reaching $2.1 million compared to $813,000 in Q2 2024 [5] - The company raised its full-year 2025 revenue guidance to a range of $7.0 million to $7.5 million, reflecting stronger-than-anticipated demand [7] Financial Performance - Q2 2025 revenue rose to $2.1 million, a 154% increase from $813,000 in Q2 2024 [5] - For the first six months of 2025, revenue increased by 182% to $3.3 million, compared to $1.2 million in the first half of 2024 [5] - Gross profit for Q2 2025 was $1.4 million, up 186% from $489,000 in Q2 2024 [5] - The gross margin improved to 67.6% in Q2 2025, compared to 60.1% in Q2 2024 [5] - The net loss for Q2 2025 was $1.5 million, or ($0.34) per share, compared to a net loss of $1.2 million, or ($0.79) per share in Q2 2024 [5] Product and Market Developments - The Fast Motion shaft launched on April 29, 2025, has seen rapid adoption, with 1,817 units sold generating over $696,000 in gross sales in May and June [6] - The company surpassed 50 professional users across various tours, indicating strong market acceptance [6] - Increased production capacity has been implemented to meet the growing demand for Motion and Fast Motion shafts [6] Management Commentary - The CEO highlighted strong performance across multiple channels and increased marketing investments to build momentum [3] - The CFO expressed confidence in the company's ability to drive long-term value for shareholders while maintaining solid margins [3] Strategic Outlook - The company aims to scale operations and deepen product adoption in the second half of 2025, with new products and expanded retail partnerships on the horizon [8]
Newton Golf Company to Host Q2 2025 Earnings Call and Investor Q&A on August 14
Globenewswire· 2025-08-12 12:00
Core Points - Newton Golf Company will host a webcast and investor Q&A session on August 14, 2025, to discuss its second quarter 2025 financial results [1][2] - The session will feature Greg Campbell, Chairman and CEO, and Jeff Clayborne, CFO, who will cover recent business highlights and the outlook for the remainder of 2025 [2] - The webcast is open to shareholders, prospective investors, analysts, and media, with a replay available on the company's investor relations website [3] Company Overview - Newton Golf focuses on performance-driven innovation in golf equipment, utilizing principles of physics in its design process [5] - The company, formerly known as Sacks Parente, aims to empower golfers with scientifically advanced tools for improved consistency and accuracy [5]
Miguel Ángel Jiménez Signs with Newton Golf Company Following Tour Win Using Newton Fast Motion Shaft
Globenewswire· 2025-06-18 11:00
Core Insights - Miguel Ángel Jiménez has signed with NEWTON GOLF and won the Principal Charity Classic using the Newton Fast Motion shaft, marking the second Tour win for the brand [1][2] - The Fast Motion shaft features advanced technology aimed at enhancing golfers' performance, with a focus on lighter weight without sacrificing stability and control [4][5][10] Company Overview - NEWTON GOLF, formerly known as Sacks Parente, focuses on innovative golf equipment design inspired by physics, aiming to provide precision-engineered products [12] - The company has a growing portfolio that includes putters, golf shafts, grips, and accessories, emphasizing technology and performance [1] Product Details - The Newton Fast Motion shaft incorporates four key innovations: Elongated Bend Profile, Kinetic Energy Storage, Symmetry 360 Construction, and Variable Bend Profile, catering to players seeking lighter shafts [5][10] - Constructed with high-modulus Toray carbon fibers, the Fast Motion shafts are approximately 10 grams lighter than the previous Motion series, allowing for faster swing speeds while maintaining performance [6][7] Market Position - The demand for lightweight performance shafts is increasing, particularly among club fitters and moderate swing speed players, positioning the Fast Motion series for continued growth [10] - The proprietary DOT system replaces traditional flex labels, allowing for more precise matching of shaft performance to individual swing profiles [9]
Newton Golf Company Appoints Jeff Clayborne as Chief Financial Officer
Globenewswire· 2025-06-10 11:00
Core Viewpoint - Newton Golf Company has appointed Jeff Clayborne as Chief Financial Officer to lead its financial strategy and support growth initiatives [1][2][3] Company Overview - Newton Golf is a leading developer of performance-driven golf equipment, previously known as Sacks Parente, and focuses on innovation inspired by physics [7] Leadership Appointment - Jeff Clayborne brings over 30 years of financial leadership experience in consumer products, technology, and entertainment sectors [2] - His previous role as CFO at Perfect Moment involved leading a successful IPO and restructuring the balance sheet [2][3] - Clayborne's experience includes significant roles at Verb Technology, SONDORS, Universal Music Group, and The Walt Disney Company, where he managed large-scale financial operations and M&A transactions [3] Strategic Focus - The company aims to expand its direct-to-consumer (DTC) footprint and accelerate international growth under Clayborne's leadership [2][3] - Clayborne emphasizes the importance of innovation, product excellence, and U.S.-based manufacturing in differentiating Newton Golf in the market [4] Financial Management - Clayborne is expected to strengthen Newton's financial foundation and optimize financial performance as the company scales [3][4]
Newton Golf Company (NASDAQ: NWTG) Regains Compliance with Nasdaq Listing Requirements
Globenewswire· 2025-05-28 11:00
Core Insights - Newton Golf Company has regained compliance with Nasdaq Listing Rule 5550(b)(1), confirming a minimum of $2.5 million in stockholders' equity for continued listing on the Nasdaq Capital Market [1][2] Financial Performance - The company reported stockholders' equity of $6.2 million for the quarter ended March 31, 2025, leading to the closure of the compliance matter raised on April 14, 2025 [2] - Newton Golf achieved a remarkable 246% year-over-year revenue growth in Q1 2025, driven by the adoption of the Newton Motion shaft across retail channels and major professional tours [3] - The gross margin expanded to 70%, indicating improved unit economics and a strong product-market fit [3] Market Position and Growth - More than 40 professional players are currently using Newton shafts across major tours, showcasing the brand's growing acceptance in the professional golf community [3] - The company has expanded its international footprint and showcased its innovations at the 2025 PGA Show, reinforcing its position as an emerging brand in performance golf [3] Company Overview - Newton Golf, formerly known as Sacks Parente, focuses on revolutionizing golf equipment design by applying Newtonian principles to create precision-engineered products [6]