Newton Golf Company | 10-Q: FY2025 Q3 Revenue Beats Estimate at USD 2.582 M

Revenue: As of FY2025 Q3, the actual value is USD 2.582 M, beating the estimate of USD 2.378 M.

EPS: As of FY2025 Q3, the actual value is USD -0.34.

EBIT: As of FY2025 Q3, the actual value is USD -1.524 M.

Segment Revenue

• Net Sales: For the three months ended September 30, 2025, net sales were $2,582,000, an increase of $1,371,000 or 113% compared to $1,211,000 for the same period in 2024. For the nine months ended September 30, 2025, net sales were $5,860,000, an increase of $3,486,000 or 147% compared to $2,374,000 for the same period in 2024.

Operational Metrics

• Gross Profit: For the three months ended September 30, 2025, gross profit was $1,734,000, an increase of $929,000 compared to $805,000 for the same period in 2024. For the nine months ended September 30, 2025, gross profit was $3,985,000, an increase of $2,485,000 compared to $1,500,000 for the same period in 2024.
• Loss from Operations: For the three months ended September 30, 2025, loss from operations was -$1,504,000, an increase of $414,000 compared to -$1,090,000 for the same period in 2024. For the nine months ended September 30, 2025, loss from operations was -$4,982,000, an increase of $1,435,000 compared to -$3,547,000 for the same period in 2024.
• Net Loss: For the three months ended September 30, 2025, net loss was -$1,580,000, an increase of $520,000 compared to -$1,060,000 for the same period in 2024. For the nine months ended September 30, 2025, net loss was -$3,625,000, an increase of $217,000 compared to -$3,408,000 for the same period in 2024.

Cash Flow

• Net Cash Used in Operating Activities: For the nine months ended September 30, 2025, net cash used in operating activities was -$4,101,000, compared to -$3,431,000 for the same period in 2024.
• Net Cash Used in Investing Activities: For the nine months ended September 30, 2025, net cash used in investing activities was -$384,000, compared to -$463,000 for the same period in 2024.
• Net Cash Used in Financing Activities: For the nine months ended September 30, 2025, net cash used in financing activities was -$616,000, compared to -$131,000 for the same period in 2024.

Unique Metrics

• Revenue by Product Line: For the nine months ended September 30, 2025, Newton Motion Shafts generated $5,754,000 in net sales, while Newton Gravity Putters generated $106,000.

Future Outlook and Strategy

• Core Business Focus: The company plans to announce three additional premium shaft products for release next year, aiming to expand its product lineup and serve a broader range of golfers.
• Non-Core Business: The company launched a dedicated Japanese e-commerce site in October, targeting the world’s second-largest golf market, which represents approximately 8.8 million active golfers.