Perfect Moment Ltd.

Analysis for Ticker: PMNT

Perfect Moment Ltd is a luxury lifestyle brand that sells technical skiwear, surfboards, and swimsuits for people who want to look fashionable while being active. Behind the high-end jackets and colorful patterns is a business that spent 15,9$ million more than it earned in just one year. Imagine a lemonade stand that sells a cup for 6,00$ but spends 16,00$ just to keep the stand open every day. To stay alive, the people running this stand are taking money from their neighbors and giving themselves free drinks and cash rewards while the actual lemonade stand slowly falls apart.