Apr. 14 at 1:34 AM
$PMNT Bullish, buy alert here. BIG SQUEEZE TOMORROW. Calling it now.
$12 Million Growth Financing: On March 30, 2026, PMNT secured a major financing package.
This includes a
$10 million revolving credit facility for general corporate use.
It also features a
$2 million equity investment from Krane Capital at
$0.33 per share
First Profitable Quarter: In February 2026, the company reported its first-ever profitable quarter for the period ending
Net income reached
$93,000, a significant
$2.6 million improvement year-over-year.
Gross margins jumped to 64.4%, up from 54.8% the previous year. partnership with H&M saw the collection sell out within its first day.
The company opened its first owned retail store in Verbier, Switzerland, and launched seasonal pop-ups in luxury hubs like Aspen and Gstaad.
New partnerships with sales agencies are helping PMNT expand into Southern Europe and Japan.
Analyst Outlook: Some analysts have set a price target of
$1.50
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