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Side-by-side financial comparison of Perfect Moment Ltd. (PMNT) and SWK Holdings Corp (SWKH). Click either name above to swap in a different company.

Perfect Moment Ltd. is the larger business by last-quarter revenue ($11.7M vs $8.7M, roughly 1.3× SWK Holdings Corp). On growth, Perfect Moment Ltd. posted the faster year-over-year revenue change (0.8% vs -29.7%). SWK Holdings Corp produced more free cash flow last quarter ($26.8M vs $2.2M).

Perfect Moment Ltd is a premium lifestyle and outdoor apparel brand specializing in high-performance, fashionable winter sports gear including ski wear, activewear, and supporting accessories. It serves luxury outdoor and winter sports consumer groups, with sales networks covering core markets in North America, Europe, and the Asia Pacific region.

SWK Holdings Corp is a specialty finance firm focused on the healthcare and life sciences sectors. It provides tailored financing solutions including royalty monetization, structured debt, and asset-backed lending to biotech, pharmaceutical, medical device and diagnostic companies, with its core market centered in North America.

PMNT vs SWKH — Head-to-Head

Bigger by revenue
PMNT
PMNT
1.3× larger
PMNT
$11.7M
$8.7M
SWKH
Growing faster (revenue YoY)
PMNT
PMNT
+30.5% gap
PMNT
0.8%
-29.7%
SWKH
More free cash flow
SWKH
SWKH
$24.6M more FCF
SWKH
$26.8M
$2.2M
PMNT

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
PMNT
PMNT
SWKH
SWKH
Revenue
$11.7M
$8.7M
Net Profit
$93.0K
$-19.4M
Gross Margin
64.4%
Operating Margin
5.0%
9.9%
Net Margin
0.8%
Revenue YoY
0.8%
-29.7%
Net Profit YoY
103.7%
-430.2%
EPS (diluted)
$0.00
$-1.59

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PMNT
PMNT
SWKH
SWKH
Q4 25
$11.7M
$8.7M
Q3 25
$4.8M
$10.9M
Q2 25
$1.5M
$10.1M
Q1 25
$5.0M
$11.8M
Q4 24
$11.7M
$12.4M
Q3 24
$3.8M
$10.4M
Q2 24
$10.8M
Q1 24
$11.4M
Net Profit
PMNT
PMNT
SWKH
SWKH
Q4 25
$93.0K
$-19.4M
Q3 25
$-1.8M
$8.8M
Q2 25
$-3.8M
$3.5M
Q1 25
$-7.3M
$4.5M
Q4 24
$-2.5M
$5.9M
Q3 24
$-2.7M
$3.5M
Q2 24
$3.7M
Q1 24
$468.0K
Gross Margin
PMNT
PMNT
SWKH
SWKH
Q4 25
64.4%
Q3 25
60.1%
Q2 25
60.4%
Q1 25
32.0%
Q4 24
54.8%
Q3 24
54.0%
Q2 24
Q1 24
Operating Margin
PMNT
PMNT
SWKH
SWKH
Q4 25
5.0%
9.9%
Q3 25
-23.9%
61.3%
Q2 25
-207.5%
46.1%
Q1 25
-130.1%
68.6%
Q4 24
-11.1%
44.7%
Q3 24
-66.7%
39.2%
Q2 24
8.3%
Q1 24
9.5%
Net Margin
PMNT
PMNT
SWKH
SWKH
Q4 25
0.8%
Q3 25
-38.6%
80.7%
Q2 25
-259.4%
35.2%
Q1 25
-145.5%
38.4%
Q4 24
-21.3%
47.5%
Q3 24
-71.6%
33.3%
Q2 24
33.9%
Q1 24
4.1%
EPS (diluted)
PMNT
PMNT
SWKH
SWKH
Q4 25
$0.00
$-1.59
Q3 25
$-0.06
$0.72
Q2 25
$-0.21
$0.29
Q1 25
$-0.45
$0.37
Q4 24
$-0.15
$0.47
Q3 24
$-0.17
$0.28
Q2 24
$0.30
Q1 24
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PMNT
PMNT
SWKH
SWKH
Cash + ST InvestmentsLiquidity on hand
$1.6M
$42.8M
Total DebtLower is stronger
$33.0M
Stockholders' EquityBook value
$1.1M
$235.1M
Total Assets
$13.8M
$272.4M
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PMNT
PMNT
SWKH
SWKH
Q4 25
$1.6M
$42.8M
Q3 25
$393.0K
$10.2M
Q2 25
$3.0M
$8.0M
Q1 25
$6.2M
$29.8M
Q4 24
$2.8M
$5.9M
Q3 24
$725.0K
$17.2M
Q2 24
$5.5M
Q1 24
$5.5M
Total Debt
PMNT
PMNT
SWKH
SWKH
Q4 25
$33.0M
Q3 25
$33.0M
Q2 25
$33.0M
Q1 25
$33.0M
Q4 24
$1.9M
$33.0M
Q3 24
$1.8M
$33.0M
Q2 24
$33.0M
Q1 24
$33.0M
Stockholders' Equity
PMNT
PMNT
SWKH
SWKH
Q4 25
$1.1M
$235.1M
Q3 25
$981.0K
$254.2M
Q2 25
$987.0K
$246.5M
Q1 25
$1.9M
$292.7M
Q4 24
$907.0K
$288.7M
Q3 24
$2.7M
$283.4M
Q2 24
$282.8M
Q1 24
$279.9M
Total Assets
PMNT
PMNT
SWKH
SWKH
Q4 25
$13.8M
$272.4M
Q3 25
$15.0M
$289.4M
Q2 25
$8.3M
$285.7M
Q1 25
$13.3M
$331.3M
Q4 24
$13.2M
$332.2M
Q3 24
$13.3M
$321.3M
Q2 24
$321.0M
Q1 24
$322.0M
Debt / Equity
PMNT
PMNT
SWKH
SWKH
Q4 25
0.14×
Q3 25
0.13×
Q2 25
0.13×
Q1 25
0.11×
Q4 24
2.11×
0.11×
Q3 24
0.67×
0.12×
Q2 24
0.12×
Q1 24
0.12×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PMNT
PMNT
SWKH
SWKH
Operating Cash FlowLast quarter
$2.3M
$27.3M
Free Cash FlowOCF − Capex
$2.2M
$26.8M
FCF MarginFCF / Revenue
19.1%
308.1%
Capex IntensityCapex / Revenue
0.3%
5.9%
Cash ConversionOCF / Net Profit
24.26×
TTM Free Cash FlowTrailing 4 quarters
$43.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PMNT
PMNT
SWKH
SWKH
Q4 25
$2.3M
$27.3M
Q3 25
$-7.2M
$906.0K
Q2 25
$-3.9M
$7.8M
Q1 25
$-1.1M
$8.3M
Q4 24
$-1.0M
$23.0M
Q3 24
$-3.9M
$6.3M
Q2 24
$5.4M
Q1 24
$4.4M
Free Cash Flow
PMNT
PMNT
SWKH
SWKH
Q4 25
$2.2M
$26.8M
Q3 25
$557.0K
Q2 25
$7.7M
Q1 25
$-1.1M
$8.2M
Q4 24
$-1.2M
$22.9M
Q3 24
$-3.9M
$6.3M
Q2 24
$5.4M
Q1 24
FCF Margin
PMNT
PMNT
SWKH
SWKH
Q4 25
19.1%
308.1%
Q3 25
5.1%
Q2 25
77.0%
Q1 25
-21.8%
69.1%
Q4 24
-10.6%
185.3%
Q3 24
-101.5%
60.4%
Q2 24
49.7%
Q1 24
Capex Intensity
PMNT
PMNT
SWKH
SWKH
Q4 25
0.3%
5.9%
Q3 25
3.2%
Q2 25
0.6%
Q1 25
0.3%
0.8%
Q4 24
1.6%
1.1%
Q3 24
1.0%
0.3%
Q2 24
0.2%
Q1 24
0.0%
Cash Conversion
PMNT
PMNT
SWKH
SWKH
Q4 25
24.26×
Q3 25
0.10×
Q2 25
2.21×
Q1 25
1.82×
Q4 24
3.93×
Q3 24
1.82×
Q2 24
1.47×
Q1 24
9.47×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PMNT
PMNT

Segment breakdown not available.

SWKH
SWKH

Finance Receivables Segment$8.4M96%
Other$329.0K4%

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