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Newton Golf 2025 10-K: $8.1M Revenue, $(1.63) EPS
Newton Golf (NWTG) reported fiscal 2025 net sales of $8.135 million, a 136% increase year-over-year, largely driven by strong adoption of its Motion shaft. Despite narrowed net losses due to the absence of prior financing costs, the company saw an increased operating loss of $(7.548) million and a net loss per share of $(1.63), pressured by higher SG&A and labor costs. Strategic highlights included a shift to 91% direct-to-consumer sales, increased brand momentum among touring professionals, and expanded manufacturing capacity.