Newton Golf Company (NASDAQ: NWTG) Regains Compliance with Nasdaq Listing Requirements
Newton Golf Company (NASDAQ: NWTG) has regained compliance with Nasdaq's listing requirements by achieving stockholders' equity of $6.2 million, well above the minimum requirement of $2.5 million. The company demonstrated strong performance in Q1 2025 with 246% year-over-year revenue growth and expanded gross margins of 70%. The company's Newton Motion shaft has gained significant traction, with over 40 professional players now using Newton shafts across major tours. Despite Q1 typically being golf's offseason, Newton Golf showed robust growth and continued international expansion, positioning itself as a leading brand in performance golf.
Newton Golf Company (NASDAQ: NWTG) ha riconquistato la conformità ai requisiti di quotazione del Nasdaq raggiungendo un patrimonio netto di 6,2 milioni di dollari, ben al di sopra del requisito minimo di 2,5 milioni di dollari. L'azienda ha mostrato una solida performance nel primo trimestre del 2025 con una crescita dei ricavi del 246% su base annua e margini lordi ampliati al 70%. Il shaft Newton Motion dell'azienda ha ottenuto un notevole successo, con oltre 40 giocatori professionisti che utilizzano shaft Newton nei principali tornei. Nonostante il primo trimestre sia tradizionalmente la bassa stagione del golf, Newton Golf ha registrato una crescita robusta e una continua espansione internazionale, posizionandosi come un marchio di riferimento nel golf ad alte prestazioni.
Newton Golf Company (NASDAQ: NWTG) ha recuperado el cumplimiento de los requisitos de cotización de Nasdaq al alcanzar un patrimonio neto de 6,2 millones de dólares, muy por encima del requisito mínimo de 2,5 millones. La empresa mostró un sólido desempeño en el primer trimestre de 2025 con un crecimiento interanual de ingresos del 246% y márgenes brutos ampliados al 70%. El shaft Newton Motion de la compañía ha ganado una gran aceptación, con más de 40 jugadores profesionales que ahora usan shafts Newton en los principales tours. A pesar de que el primer trimestre suele ser la temporada baja del golf, Newton Golf mostró un crecimiento sólido y una continua expansión internacional, posicionándose como una marca líder en golf de alto rendimiento.
Newton Golf Company (NASDAQ: NWTG)는 주주 자본이 620만 달러에 달하여 최소 요구 조건인 250만 달러를 훨씬 상회함으로써 나스닥 상장 요건을 다시 충족했습니다. 회사는 2025년 1분기에 전년 대비 246%의 매출 성장과 70%의 확대된 총 이익률을 기록하며 강력한 실적을 보였습니다. Newton Motion 샤프트는 주요 투어에서 40명 이상의 프로 선수들이 사용하며 큰 인기를 얻고 있습니다. 1분기는 일반적으로 골프 비수기임에도 불구하고 Newton Golf는 견고한 성장과 지속적인 국제적 확장을 통해 고성능 골프 브랜드로 자리매김하고 있습니다.
Newton Golf Company (NASDAQ : NWTG) a retrouvé sa conformité aux exigences de cotation du Nasdaq en atteignant des capitaux propres de 6,2 millions de dollars, largement supérieurs au seuil minimum de 2,5 millions. La société a affiché une forte performance au premier trimestre 2025 avec une croissance du chiffre d'affaires de 246 % en glissement annuel et des marges brutes élargies à 70 %. Le shaft Newton Motion de la société a gagné en popularité, avec plus de 40 joueurs professionnels utilisant désormais des shafts Newton lors des principaux circuits. Bien que le premier trimestre soit généralement la basse saison du golf, Newton Golf a affiché une croissance solide et une expansion internationale continue, se positionnant comme une marque de référence dans le golf de performance.
Newton Golf Company (NASDAQ: NWTG) hat die Einhaltung der Nasdaq-Listing-Anforderungen wiedererlangt, indem sie ein Eigenkapital von 6,2 Millionen US-Dollar erreicht hat, was deutlich über dem Mindestanforderungswert von 2,5 Millionen liegt. Das Unternehmen zeigte im ersten Quartal 2025 eine starke Leistung mit einem Umsatzwachstum von 246 % im Jahresvergleich und erweiterten Bruttomargen von 70 %. Der Newton Motion Schaft des Unternehmens hat erheblichen Anklang gefunden, mit über 40 professionellen Spielern, die Newton Schäfte bei großen Turnieren verwenden. Obwohl das erste Quartal typischerweise die Nebensaison im Golf ist, verzeichnete Newton Golf robustes Wachstum und eine fortgesetzte internationale Expansion und positioniert sich als führende Marke im Performance-Golf.
- Regained Nasdaq compliance with $6.2M in stockholders' equity, exceeding $2.5M requirement
- Impressive 246% year-over-year revenue growth in Q1 2025
- Strong gross margin expansion to 70%
- Growing adoption with 40+ professional players using Newton shafts
- Successful international expansion and market presence
- None.
Insights
Newton Golf successfully addresses Nasdaq compliance issue while showing impressive financial growth and expanding business operations.
Newton Golf's announcement that it has regained compliance with Nasdaq's listing requirements removes a significant regulatory overhang that had been threatening the company's status on the exchange. The company reported stockholders' equity of
Looking beyond the compliance issue, the financial metrics revealed in this announcement are quite impressive. The
The company appears to be executing a successful dual-track strategy: building professional credibility through tour player adoption (now over 40 professionals using their shafts) while simultaneously expanding retail distribution channels. The international expansion mentioned further suggests the company is finding product-market fit beyond its home market.
The rapid resolution of the Nasdaq compliance issue (originally raised just six weeks ago on April 14) suggests management acted decisively to address the concerns, potentially through capital raising activities or accelerated profitability initiatives that strengthened the balance sheet. This efficient regulatory resolution reflects well on management's capabilities and focus.
CAMARILLO, Calif., May 28, 2025 (GLOBE NEWSWIRE) -- via IBN – Newton Golf Company, Inc. (NASDAQ: NWTG), a technology-driven golf shaft manufacturer, today announced that it has received formal notice from The Nasdaq Stock Market LLC (“Nasdaq”) confirming that the company has regained compliance with Nasdaq Listing Rule 5550(b)(1), which requires a minimum of
The confirmation from Nasdaq follows Newton Golf’s filing of its Form 10-Q for the quarter ended March 31, 2025, which reported stockholders’ equity of
“We are pleased to have resolved this matter and to remain in full compliance with Nasdaq’s continued listing requirements,” said Greg Campbell, Executive Chairman of Newton Golf Company. “Our strong balance sheet reflects the underlying momentum in our business and the investor confidence we continue to earn through performance and transparency.”
Newton Golf continues to build momentum, reporting
For more information about Newton Golf’s products, visit www.NewtonGolfCo.com.
For investor-related updates and filings, visit www.NewtonGolfIR.com.
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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 equipment—including Newton Motion shafts and Gravity putters—that deliver unmatched stability, control, and performance. Our mission is to empower golfers with scientifically advanced tools that maximize consistency and accuracy, ensuring every swing is backed by the laws of physics.
To purchase Newton Golf products, visit www.NewtonGolfCo.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or the future financial performance of Newton Golf Company (the “Company”) and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements.
In some cases, forward-looking statements can be identified by terms such as "may," "will," "should," "expects," "plans," "anticipates," "intends," "believes," "estimates," "projects," "potential," "continues," or the negative of these terms or other comparable terminology. These forward-looking statements include, but are not limited to, statements regarding the expected benefits of the reverse stock split, the Company’s ability to maintain compliance with Nasdaq listing requirements, the potential for increased institutional investor interest, the Company’s future growth strategy, expansion of its product portfolio, anticipated financial performance, and future business prospects.
These forward-looking statements reflect the Company’s current expectations and projections based on information available as of the date of this release and are subject to a number of risks and uncertainties, including, but not limited to, general economic, financial, and business conditions; changes in consumer demand and industry trends; the Company’s ability to successfully implement its strategic initiatives; competition in the golf equipment market; supply chain disruptions; regulatory compliance and legal proceedings; and other risks detailed from time to time in the Company’s filings with the Securities and Exchange Commission (SEC), including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q.
The Company cautions investors that forward-looking statements are not guarantees of future performance and actual results may differ materially from those projected. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Media Contact:
Beth Gast
BG Public Relations
beth.gast@bgpublicrelations.com
Investor Contact:
Scott McGowan
Investor Brand Network (IBN)
Phone: 310.299.1717
ir@newtongolfco.com
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