Curated News
By: NewsRamp Editorial Staff
May 15, 2025
Newton Golf Company Reports 246% Revenue Increase in Q1 2025
TLDR
- Newton Golf Company (NASDAQ: NWTG) reported a 246% revenue increase in Q1 2025, attracting more professionals and expanding globally.
- Newton Golf Company's revenue surged due to demand for Newton Motion and Fast Motion shafts, leading to gross profit rise, net loss narrowing, and international expansion.
- Newton Golf Company's innovative golf equipment design empowers golfers with precision, stability, and consistency, enhancing the overall golfing experience worldwide.
- Newton Golf Company's adoption by professionals, revenue growth, and global expansion showcase a dynamic progression in the golf industry, blending science and sport seamlessly.
Impact - Why it Matters
This news matters as it highlights the significant growth and success of Newton Golf Company, showcasing their innovative approach to golf equipment design fueled by physics. The company's expansion into Japan and key international markets signifies a promising future, impacting both golf enthusiasts and investors interested in the evolving landscape of sports technology.
Summary
Newton Golf Company (NASDAQ: NWTG) reported a 246% year-over-year revenue increase to $1.2 million in Q1 2025, driven by surging demand for its Newton Motion and Fast Motion shafts. Gross profit rose to $852,000 with margin expansion to 70%, while net loss narrowed to $0.5 million. More than 30 professionals have adopted Newton shafts, including 8 new players across major tours in Q1. The company also expanded into Japan, added key international distribution, and expects full-year revenue between $6.5 million and $7.0 million.
About Newton Golf: At Newton Golf, we harness the power of physics to revolutionize golf equipment design. Formerly known as Sacks Parente, our rebranding reflects our commitment to innovation inspired by Sir Isaac Newton, the father of physics. By applying Newtonian principles to every aspect of our design process, we create precision-engineered golf clubs that deliver unmatched stability, control, and performance. Our mission is to empower golfers with scientifically advanced equipment that maximizes consistency and accuracy, ensuring every swing is backed by the laws of physics.
Source Statement
This curated news summary relied on this press release disributed by InvestorBrandNetwork (IBN). Read the source press release here, Newton Golf Company Reports 246% Revenue Increase in Q1 2025
