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Perfect Moment Ltd.

CIK: 18492212 Annual ReportsLatest: 2025-06-30

10-K / June 30, 2025

Revenue:$21,501,000
Income:-$15,939,000

10-K / July 1, 2024

Revenue:$24,443,000
Income:-$8,722,000

10-K / June 30, 2025

Company Overview Summary

Name and Type

  • Company Name: Perfect Moment Ltd.
  • Type: High-performance luxury skiwear and lifestyle brand

Foundation and Heritage

  • Founded in Chamonix, France in 1984 by professional skier and extreme sports filmmaker Thierry Donard
  • Originally produced apparel for free-ride skiers and surfers
  • Inspired by “perfect moment” concept—combining quality, style, and performance
  • Heritage rooted in alpine and surf performance apparel with bold, statement designs

Brand and Product Offerings

  • Focuses on melding technical excellence with fashion-led designs
  • Creates apparel for women, men, and children
  • Products feature high-performance materials, daring prints, bold colors
  • Category expansion in 2016 includes:
    • Skiswear (core)
    • Summer range inspired by Ibiza (swimwear and activewear)
    • Lifestyle apparel and accessories

Market Position

  • Operates at the intersection of luxury skiwear, outerwear, and active/lifestyle markets
  • Core segments are resilient, large, and growing
  • Target demographic is affluent, fashion-conscious consumers valuing authenticity, bold design, and European heritage

Industry and Market Data

  • Luxury Skiwear Market: valued at $1.6 billion in 2022, projected to reach $2.4 billion by 2028 (CAGR ~6.35%)
  • Luxury Outerwear Market: valued at $15.9 billion in 2022, projected to reach $23.2 billion by 2028 (CAGR ~6.51%)
  • Increased demand driven by urban lifestyle integration and heritage-driven functional outerwear

Business Operations

  • Employs 50 full-time employees as of March 31, 2025
  • Has a digital-first approach: operates a direct-to-consumer ecommerce platform and selective wholesale partners
  • Collaborates with 160 wholesale partners, including 16 luxury department stores
  • Testing physical retail locations with plans to open concession stores in high-profile markets (targeting two stores in FY2026)

Revenue and Financials

  • Fiscal Year Ended March 31, 2025:
    • Net revenue: $21.5 million
    • Net loss: $15.9 million
    • Gross profit: $10.4 million (margin approx. 48.5%)
  • Fiscal Year Ended March 31, 2024:
    • Net revenue: $24.4 million
    • Net loss: $8.7 million
    • Gross profit: $12.4 million (margin approx. 50.9%)

Customers

  • Has a global customer base in over 60 countries
  • Approximate 214 stockholders of record as of June 30, 2025
  • Specific number of individual customers or active user counts not provided

Revenue Streams

  • Mainly from retail ecommerce, wholesale sales, and pop-up/physical retail activations
  • Revenue affected by seasonality, with peak in Fall/Winter (ski season) and Summer (activewear and swimwear)
  • In FY2025, revenue declined primarily due to a termination of a collaboration with Hugo Boss

Key Highlights

  • Strategic collaborations and celebrity endorsements increased global media coverage and visibility
  • Focused on brand awareness, vertical expansion, and international growth, especially in China via Tmall
  • Continues to develop new product categories and increase product styles (from 75 to over 200 styles planned)
  • Pursues sustainable growth through digital expansion, brand building, retail testing, and product diversification