Perimeter Solutions Completes Redomicile from Luxembourg to the U.SNovember 20, 2024 4:01 PM EST | Source: Perimeter SolutionsClayton, Missouri--(Newsfile Corp. - November 20, 2024) - Perimeter Solutions, SA (NYSE: PRM), a leading provider of mission-critical firefighting products and services as well as high-quality specialty chemicals, today announced the completion of the redomiciliation process to change the parent company of the corporate group from a Luxembourg company to a Delaware corp ...

Financial Data and Key Metrics - Q3 revenue increased 102% to $288.4 million, and year-to-date sales increased 81% to $474.7 million [42] - Q3 adjusted EBITDA rose 177% to $170.4 million, and year-to-date adjusted EBITDA increased 189% to $247.4 million [42] - LTM adjusted EBITDA reached $259 million, reflecting an 18% CAGR over the past 15 years [29][30] - Free cash flow for Q3 was $179.1 million, with year-to-date free cash flow at $185.3 million [47][48] Business Line Performance - Fire Safety Q3 revenue increased 113% to $251.8 million, with adjusted EBITDA up 181% to $157.5 million [39] - Specialty Products Q3 sales grew 50% to $36.6 million, with adjusted EBITDA up 137% to $12.9 million [41] - Suppressants business benefited from the transition to fluorine-free foam, maintaining a 99% win rate at FAA 139 compliant airports [25][26] Market and Operational Highlights - Retardants business demonstrated criticality and complexity, with successful operations in extreme conditions such as the Yellowknife wildfire evacuation [14][17] - Suppressants business emerged as a market leader in fluorine-free foams, driving high win rates and creating a large installed base for future aftermarket sales [25][26] - Specialty Products delivered approximately 10,000 bins in 2024 with a single-digit issue rate, showcasing exceptional execution [28] Strategic Direction and Industry Competition - Company focuses on three operational value drivers: profitable new business, productivity improvements, and value-based pricing [7][8] - Capital allocation priorities include internal reinvestment, M&A, share repurchases, and special dividends, with over $200 million in cash and LTM net leverage of 1.7x [32][33][51] - Active search for M&A targets to apply the value driver operating strategy and increase EBITDA and free cash flow [36][37] Management Commentary on Operating Environment and Outlook - Management highlighted the normalization of the 2024 fire season compared to 2023, driving strong financial performance [39] - Company expects to maintain elevated spending in R&D and field service to support customer missions [42] - Management remains confident in driving higher adjusted EBITDA in future years with similar end-market conditions [31] Other Important Information - Company plans to re-domicile its parent company from Luxembourg to Delaware in November 2024, aiming to reduce regulatory complexity and improve tax profile [50] - Share repurchase program has returned 137% on $127.4 million deployed, repurchasing 14% of the initial IPO share count [49] Q&A Session Summary Question: Fire Safety Volume and Growth Drivers - During Q3, there were periods where the aerial firefighting industry operated at max capacity, limiting additional retardant sales [54] - Long-term growth in fire safety volumes is driven by increased air tanker capacity, public sector investments, and company’s own operational upgrades [55][56] Question: Capital Deployment and Timing - Company will remain patient with capital allocation, prioritizing internal reinvestment, M&A, and share repurchases, with special dividends as a last resort [58] Question: Regional Focus and Seasonality - Company operates globally, with key markets in Central and South America, Europe, the Middle East, Asia, and Australia, each with distinct wildfire seasonality [61][62]

Perimeter Solutions, SA (PRM) came out with a quarterly loss of $0.61 per share versus the Zacks Consensus Estimate of $0.61. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -200%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced earnings of $0.14, delivering a surprise of 366.67%.Over the last four quarters, the company has sur ...

Perimeter Solutions SA Q3 2024 Earnings Trusted. Solutions That Save. November 12, 2024 2 Disclaimer Certain statements in this presentation and discussion are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are based on Perimeter Solutions, SA's (the "Company") expectations, intentions and projections regarding the Company's future performance, anticipated events or trends and other matters that are not historical facts. Words such as "anticipate," ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________ FORM 10-Q __________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-41027 _______________________________ PERIMETER SOLU ...

Exhibit 99.1 Perimeter Solutions Reports Third Quarter 2024 Financial Results November 12, 2024 Strong financial results driven by rigorous operational value driver implementation as well as normalization of key end-markets Continued aggressive capital and operational investments to support our customers' critical missions in 2024 and beyond Well positioned for capital allocation with >$200M of balance sheet cash and ~1.7x LTM net leverage Clayton, Missouri, November 12, 2024 – Perimeter Solutions, SA (NYSE ...

Perimeter Solutions Reports Third Quarter 2024 Financial ResultsNovember 12, 2024 6:00 AM EST | Source: Perimeter SolutionsStrong financial results driven by rigorous operational value driver implementation as well as normalization of key end-markets Continued aggressive capital and operational investments to support our customers' critical missions in 2024 and beyondWell positioned for capital allocation with >$200M of balance sheet cash and ~1.7x LTM net leverageClayton, Missouri--(Newsfile ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Perimeter Solutions, SA (PRM) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 12, 2024, might help the stock move higher if these key numbers are ...

Perimeter Announces Date for Third Quarter 2024 Earnings CallOctober 23, 2024 6:00 AM EDT | Source: Perimeter SolutionsClayton, Missouri--(Newsfile Corp. - October 23, 2024) - Perimeter Solutions (NYSE: PRM) ("Perimeter" or the "Company"), producers of PHOS-CHEK® long-term fire retardant and other high-quality firefighting products and specialty chemicals, announced today it will release its financial results for the third quarter 2024 on Tuesday, November 12, 2024, before the market opens. Th ...

Perimeter Solutions, SA (PRM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changi ...