Filing Flows › Newton Golf Company (NWTG) › Q1 2025
Newton Golf Company (NWTG) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Newton Golf Company (NWTG) reported revenue of $1.2M for the first quarter 2025 (Q1 2025), +246% from a year earlier and +13% from the quarter before. Operating margin was -162.9%, net loss $525K (43.4% of revenue).
Newton Golf Company, Q1 2025: revenue $1.2M (+246% year over year), operating margin -162.9%, net loss $525K, operating cash flow −$1.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2M | +13% | +246% |
| Operating profit | −$2.0M | — | — |
| Net earnings | −$525K | — | — |
| Operating cash flow | −$1.6M | — | — |
What changed
Revenue was $1.2M in Q1 2025, up 246% year over year and up 13% from the previous quarter. Newton Shafts was the largest line at 99% of revenue. Newton Shafts added $910K year over year (up 314%), 106% of the total change. Putters declined 83%.
Gross margin was 70.4%, up 11.6 points from a year earlier. Operating costs exceeded revenue by $2.0M, an operating margin of -162.9%. Operating expenses grew 93% against revenue growth of 246%. The fastest-growing cost line was SG&A (+100%). The quarter ended with a net loss of $525K, narrower than the previous quarter's $8.3M loss. Non-operating items added $1.4M, -275% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$1.6M. Non-cash charges added back $57K of depreciation and $52K of share-based compensation. Working capital and other items used $1.1M. Capital expenditures of $131K exceeded it, leaving free cash flow of −$1.7M.
Questions
What was Newton Golf Company's revenue in the first quarter 2025?
Newton Golf Company (NWTG) reported revenue of $1.2M for the first quarter 2025 (Q1 2025), +246% from a year earlier and +13% from the quarter before.
Was Newton Golf Company profitable in the first quarter 2025?
Operating loss was $2.0M (-162.9% of revenue) and net loss $525K.