Perma-Pipe International (NASDAQ: PPIH ) experienced a dramatic sell-off in its stock price due to one-time expenses reported in the second quarter of 2025. However, there seems to be no reason to believe this willMy name is María Fernanda and I'm currently studying an MBA. My inspiration investors are Warren Buffett, Peter Lynch and Terry Smith, so I look for quality companies at a reasonable valuation. I believe that, in the long term, fundamentals are what drive the share price, so I look to predict what ...

 Vancouver, British Columbia – TheNewswire - October 7th, 2025 – Norsemont Mining Inc. (CSE: NOM, OTC: NRRSF, FWB: LXZ1) (“NOM” or the “Company”) is pleased to announce that it will be presenting at the Centurion One Capital 3rd Annual Bahamas Summit, a two-day invitation only event taking place at the exclusive Rosewood Baha Mar Hotel from Tuesday, October 28th to Wednesday, October 29th, 2025, in Nassau, Bahamas. Marc Levy, CEO will be presenting and attending investor meetings. Mr. Levy will also be par ...

SPRING, Texas--(BUSINESS WIRE)--Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) today announced that its Saudi Arabian business unit has received formal technical and commercial approval from Saudi Aramco, the world's largest oil company. This approval significantly expands Perma-Pipe's business opportunities in the Kingdom, enabling the Company to directly serve the oil and gas sector, a critical step forward in its long-term strategic plan to strengthen its presence and broaden its pro. ...

Core Viewpoint - Perma-Pipe International Holdings, Inc. (PPIH) has experienced a significant decline in share price, underperforming compared to the S&P 500 index, following its earnings report for the quarter ended July 31, 2025 [1] Financial Performance - For the fiscal second quarter ended July 31, 2025, Perma-Pipe reported earnings per share of 10 cents, down from 40 cents in the prior-year quarter [2] - Net sales increased by 27.7% to $47.9 million from $37.5 million in the same period last year, driven by stronger sales volumes in the Middle East and North America [2] - Net income attributable to common stock fell sharply to $0.9 million, a decline of approximately 74% from $3.3 million in the year-ago quarter, primarily due to increased general and administrative (G&A) expenses [3] - On a non-GAAP basis, adjusted income before tax was $4.9 million, slightly below the $5.6 million posted a year earlier, indicating steady core operating performance when normalized for extraordinary items [4] Business Metrics and Cost Pressures - G&A expenses surged to $10 million from $6 million, a 66.7% increase, largely due to elevated payroll and professional fees, including a one-time $2.1 million charge related to executive compensation [5] - Selling expenses declined slightly to $1.2 million from $1.4 million, while interest costs remained stable at $0.4 million [5] - The effective tax rate for the quarter increased significantly to 54% from 23% in the year-ago period, influenced by the jurisdictional income mix and tax deduction limitations [6] Management Commentary - President and CEO Saleh Sagr highlighted strong top-line momentum and profitability pressures, noting growth in core markets and strategic investments, including a new manufacturing facility in Qatar [7] Factors Behind Financial Performance - Revenue growth was attributed to higher sales volumes in key geographies, particularly the Middle East and North America, while profitability was affected by internal cost structures and transitional events, including executive leadership changes [8] Infrastructure and Future Outlook - The company invested in infrastructure expansion with capital allocated to the Qatar facility, which is expected to contribute to future growth but adds pressure on current expenses [9] - As of July 31, 2025, the company's backlog reached $157.8 million, up 14.3% from $138.1 million at the beginning of the year, indicating strong demand and future revenue visibility [11] Regulatory Developments - Perma-Pipe changed its filer status with the SEC to "accelerated filer," transitioning from "Smaller Reporting Company," which will require adherence to stricter reporting timelines and enhanced disclosure requirements starting with its fiscal year ending January 31, 2026 [10]

Core Insights - Perma-Pipe International Holdings, Inc. reported a net sales increase of 27.7% for Q2 2025, reaching $47.9 million compared to $37.5 million in the same quarter last year [1] - The growth in sales was attributed to higher sales volumes in both the Middle East and North America [1] - Gross profit for the quarter was $14.4 million, reflecting an increase of $0.9 million from $13.5 million in the prior year [1]

Exhibit 99.1 COMPANY: Perma-Pipe International Holdings, Inc. CONTACT: Saleh Sagr, President and CEO Perma-Pipe Investor Relations (847) 929-1200 investor@permapipe.com Perma-Pipe International Holdings, Inc. Announces its Second Quarter Financial Results and Initiates Exploration of Strategic Alternatives to Maximize Shareholder Value SPRING, TX, September 15, 2025 - Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the second quarter and fiscal year-to-date perio ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File No. 001-32530 Perma-Pipe International Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware ...

Group 1 - The individual is pursuing an MBA and is inspired by renowned investors such as Warren Buffett, Peter Lynch, and Terry Smith, focusing on quality companies at reasonable valuations [1] - The belief is that long-term fundamentals drive share prices, with a focus on predicting earnings per share for businesses [1]

Core Insights - Perma-Pipe International Holdings, Inc. (PPIH) shares increased by 45.5% following the release of its earnings for the quarter ended April 30, 2025, significantly outperforming the S&P 500 index, which declined by 1% during the same period [1] - The company reported earnings per share of 61 cents, a substantial increase from 18 cents in the prior-year quarter, driven by volume growth and improved project execution [2] - Net sales reached $46.7 million, reflecting a 36.2% increase from $34.3 million in the same quarter last year, while net income attributable to common stock surged to $5 million, up 243% year-over-year [2] Financial Performance - Gross profit improved to $16.7 million, representing 36% of net sales, compared to 31% in the previous year, indicating enhanced operational efficiency [2] - Income from operations more than doubled to $7.9 million, showcasing improved operational leverage [2] - General and administrative costs rose by $1.6 million to $7.7 million, primarily due to increased payroll and professional fees, while selling expenses remained stable [4] Operational Highlights - The performance was supported by increased sales volumes in both the Middle East and North America, indicating diversified demand across key regions [3] - Management noted that the Americas and MENA region delivered comparable results, contributing significantly to overall performance [3] - Improved margins were attributed to a favorable product mix and enhanced project management practices, despite inflationary and geopolitical challenges [7] Management Commentary - The CEO characterized the quarter as "unprecedented," with first-quarter net income representing approximately 55% of total earnings for fiscal 2024, indicating strong momentum for fiscal 2025 [5] - Confidence in competitive positioning and strategy was expressed, particularly regarding development initiatives in the MENA region and market share expansion in North America [6] Future Outlook - Management provided a bullish outlook for the remainder of fiscal 2025, citing a strong sales pipeline and sustained market activity across regions [8] - The backlog as of April 30, 2025, stood at $131.1 million, more than double the $63.1 million reported at the same time last year, signaling robust demand [9] - The year-over-year growth of 108% in backlog underpins management's optimism about near-term business prospects [10]

Financial Performance - Net sales for the first quarter of fiscal 2025 were $46.7 million, an increase of $12.4 million, or 36%, compared to $34.3 million in the same quarter last year[2] - Net income attributable to common stock was $5.0 million, representing an increase of $3.6 million, or 243%, compared to $1.4 million in the first quarter of the prior year[2] - Gross profit for the first quarter was $16.7 million, or 36% of net sales, compared to $10.5 million, or 31% of net sales, in the same period last year[9] - Income before income taxes was $7.4 million, compared to $2.6 million in the first quarter of 2024[7] - The company reported earnings per share attributable to common stock of $0.62 for the first quarter, compared to $0.18 in the same quarter of 2024[17] - The first quarter results represent the highest levels of performance since the transition from MFRI to Perma-Pipe in 2017, with net income for the quarter being approximately 55% of the full year fiscal 2024 results[4] Backlog and Market Outlook - The backlog as of April 30, 2025, was $131.1 million, a decrease of $7.0 million from $138.1 million at January 31, 2025, but an increase of $68.0 million, or 108%, compared to $63.1 million at April 30, 2024[3] - The company is optimistic about continued growth in the MENA region and gaining additional market share in North America[6] Expenses and Tax Rate - General and administrative expenses increased to $7.7 million from $6.1 million in the same quarter last year, primarily due to higher payroll expenses and professional fees[10] - The effective tax rate (ETR) was 21% for the first quarter of 2025, down from 30% in the same period last year[12]