QualityStocksNewsBreaks – Newton Golf Company Inc. (NASDAQ: NWTG) Reports 887% Full-Year Revenue Growth and Expanded Tour Presence
Newton Golf Company (NASDAQ: NWTG), a leader in premium golf equipment innovation, reported fourth quarter revenue of $1.07 million, up 817% from the prior year, and full-year revenue of $3.45 million, marking an 887% year-over-year increase. The company also doubled its gross margin to 67% in 2024, fueled by enhanced manufacturing and an improved product mix. Newton Golf, formerly Sacks Parente Golf, highlighted global retail expansion, increased PGA TOUR Champions and LPGA Tour adoption, and a successful rebranding tied to its physics-based product innovation. With $7.65 million in cash as of Dec. 31, the company projects 14 months of runway…