Newton Golf Company, Inc. (NWTG) Q3 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Newton Golf Company, Inc..

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:04.836 Good afternoon, and welcome to Newton Golf Company's third quarter 2025 earnings conference 00:00:04.836 -- 00:00:10.381 call. Today's call will include prepared remarks from Greg Campbell, Chairman and CEO, 00:00:10.381 -- 00:00:13.484 and Jeff Claiborne, our Chief Financial Officer. 00:00:13.484 -- 00:00:16.707 Following their remarks, we'll open the call for a Q&A session. 00:00:16.707 -- 00:00:20.631 As a reminder, today's discussion may include forward-looking statements. 00:00:20.631 -- 00:00:26.157 Actual results may differ materially from those expressed or implied due to risks 00:00:26.157 -- 00:00:30.473 and uncertainties described in the company's filings with the SEC. 00:00:30.473 -- 00:00:33.580 With that, I'll now turn the call over to Greg Campbell. 00:00:33.580 -- 00:00:35.580 Greg? 00:00:36.347 -- 00:00:39.515 Thank you, Colin, and good afternoon, everyone. 00:00:39.515 -- 00:00:44.968 Q3 marked a record quarter for Newton Golf, defined by continued growth, operational 00:00:44.968 -- 00:00:49.643 scale, and expanding brand recognition across the golf industry. 00:00:49.643 -- 00:00:52.508 We delivered 113% year-over-year 00:00:52.508 -- 00:00:57.576 revenue growth, reaching $2.5 million in net revenue, driven by 00:00:57.576 -- 00:01:02.163 robust product demand and continued market penetration. 00:01:02.163 -- 00:01:06.230 The company maintained a gross margin of 67%, reflecting 00:01:06.230 -- 00:01:11.358 effective pricing strategies, production efficiency, and the strength of its premium 00:01:11.358 -- 00:01:13.623 brand positioning. 00:01:13.623 -- 00:01:18.128 Year-to-date revenue has now reached $5.86 million, 147% 00:01:18.128 -- 00:01:23.234 increase over the same period last year. Our gross profit of ro...