The operational turnaround is progressing with strong margin expansion and narrowing losses, but the balance sheet remains fragile with negative equity and low cash. The $12M financing provides near-term runway, but dilution has been severe. Monitor cash burn rate and any guidance on profitability timeline. The stock's OTCQB listing and lack of analyst coverage limit liquidity.
Price Chart
Executive Summary
Perfect Moment reported fiscal Q4 2026 revenue of $5.7M (+13.4% YoY) and EPS of $(0.02), beating consensus estimates of $5.0M and $(0.11). Gross margin expanded to 83.0% from 32.0% YoY, and net loss narrowed to $1.6M from $7.3M. However, cash dropped to $1.15M, stockholders' equity turned negative, and shares outstanding more than doubled to 47M, reflecting dilution from the conversion of preferred shares and a $12M growth financing. No forward guidance was provided.
Key Financial Metrics
Key Facts
- Q4 revenue $5.7M (+13.4% YoY) vs consensus $5.0M
- Q4 EPS $(0.02) vs consensus $(0.11) — 81.8% beat on a small base
- Gross margin 83.0% vs 32.0% YoY; full-year margin 67.6% vs 48.5%
- Net loss improved to $1.6M from $7.3M YoY; adjusted EBITDA loss $1.0M vs $5.7M
- Cash and cash equivalents $1.15M vs $6.16M a year ago
- Stockholders' deficit of $(686K) vs equity of $1.86M
- Shares outstanding 47.0M vs 19.3M a year ago (144% dilution)
- Secured $12M in growth financing (terms undisclosed)
- Series AA convertible preferred shares fully converted to common
Financial Impact
Revenue beat consensus by $0.7M (14%); EPS beat by $0.09 (81.8% on a negative base). Gross margin expansion of 51pp in Q4 is significant but partly reflects low prior-year base. Cash burn and dilution are material concerns.
Risk Factors
- Low cash position ($1.15M) relative to operating losses
- Negative stockholders' equity ($686K)
- Massive dilution (shares outstanding more than doubled YoY)
- No forward guidance provided, creating uncertainty
- OTCQB listing may reduce institutional interest
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001493152-26-032192 |
| Document: form8-k.htm | 0001493152-26-032192 |
| Document: 0001493152-26-032192-index-headers.html | 0001493152-26-032192 |
| Document: 0001493152-26-032192-index.html | 0001493152-26-032192 |
| Document: 0001493152-26-032192.txt | 0001493152-26-032192 |
| 8-K Data (Synthetic) | 0001493152-26-032192 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 15, 2026 11d ago | 8-K | $0.1760 | awaiting T+60 | — | $0.1350 (+23.30%) |
Aug 17, 2026 10w ago | 8-K | $0.1000 | awaiting T+60 | — | $0.1350 (−35.00%) |
Jul 6, 2026 16w ago | 8-K | $0.1230 $0.1300 | ▲ +5.69% | ▲ +2.61% | $0.1350 (+9.76%) |
Jun 18, 2026 18w ago | 25-NSE | $0.2000 $0.1290 | ▲ +35.50% | ▲ +37.39% | $0.1350 (+32.50%) |
Jun 12, 2026 19w ago | 8-K | $0.1750 $0.1760 | ▼ −0.57% | ▲ +0.43% | $0.1350 (+22.86%) |
May 12, 2026 23w ago | 8-K | $0.2200 $0.1000 | ▲ +54.55% | ▲ +58.98% | $0.1350 (+38.64%) |
Apr 14, 2026 27w ago | 8-K | $0.3560 $0.1050 | ▼ −70.51% | ▼ −79.03% | $0.1350 (−62.08%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers