Company Overview - Perimeter Solutions, SA (PRM) shares increased by 10% to close at $10.02, following a significant trading volume compared to typical sessions [1] - The stock had previously experienced a 10.5% decline over the past four weeks [1] - UBS analysts upgraded PRM from "Neutral" to "Buy" with a price target of $14 [1] Earnings Expectations - PRM is projected to report a quarterly loss of $0.09 per share, reflecting a year-over-year improvement of 52.6% [2] - Expected revenues for the upcoming quarter are $63.38 million, which is a 7.4% increase from the same quarter last year [2] - The consensus EPS estimate for PRM has remained unchanged over the last 30 days, indicating a lack of earnings estimate revisions [3] Industry Context - Perimeter Solutions, SA operates within the Zacks Chemical - Specialty industry [3] - PPG Industries, another company in the same industry, saw a slight increase of 0.2% to $111.93, but has returned -2.3% over the past month [3] - PPG's consensus EPS estimate has decreased by 0.2% to $1.62, representing a 12.9% decline from the previous year [4]

Core Insights - Perimeter Solutions is launching the Industrial Foam School, a two-day training program aimed at industrial firefighters, hazmat teams, and municipal firefighters to enhance their skills in using advanced fluorine-free firefighting foams [1][2]. Training Program Details - The first session of the Industrial Foam School will be held on May 28-29, 2025, at the Delaware State Fire Academy in Dover, DE, with additional sessions planned for October 2025 in Ontario, Canada, and Jacksonville, Florida [1][2][3]. - The training will cover application techniques and incident preplanning using fluorine-free firefighting foam, with hands-on training using real foam where permitted [2][3]. Attendance and Costs - The cost for attending the Industrial Foam School is set at $599 per participant, with a maximum capacity of 30 attendees per session [3]. - The company plans to add more sessions across the U.S. and Canada in 2025 and 2026 [3]. Company Overview - Perimeter Solutions, headquartered in St. Louis, Missouri, is a global provider of firefighting products and lubricant additives, known for brands like PHOS-CHEK® and FIRE-TROL® [5]. - The company emphasizes the importance of its products in critical life-saving situations, branding them as "Trusted Solutions that Save" [5].

Perimeter Solutions, SA (NYSE:PRM) Q4 2024 Results Conference Call February 20, 2025 8:30 AM ET Company Participants Seth Barker - Head of Investor Relations Haitham Khouri - Chief Executive Officer Kyle Sable - Chief Financial Officer & Principal Accounting Officer Conference Call Participants Dan Kutz - Morgan Stanley Chris Fidyk - Pacific Asset Management Operator Ladies and gentlemen, good morning, and welcome to the Perimeter Solutions Fourth Quarter and Year End 2024 Earnings Conference Call. At this ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________________ FORM 10-K ________________________________ x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 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 SOLUTIONS, INC. (Exact ...

Perimeter Solutions, SA (PRM) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of a loss of $0.10 per share. This compares to loss of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 230%. A quarter ago, it was expected that this company would post earnings of $0.61 per share when it actually produced a loss of $0.61, delivering a surprise of -200%.Over the last four quarters, the ...

Financial Performance - Full year net sales increased 74% to $561.0 million, compared to $322.1 million in the prior year[6] - Fire Safety net sales rose 93% to $436.3 million, while Specialty Products net sales increased 29% to $124.7 million[6] - Full year adjusted EBITDA increased 190% to $280.3 million, compared to $96.8 million in the prior year[6] - Fourth quarter net sales increased 45% to $86.2 million, compared to $59.5 million in the prior-year quarter[6] - Fourth quarter net income was $144.2 million, or $0.90 per diluted share, compared to a net loss of $13.2 million, or $0.09 loss per diluted share in the prior year quarter[6] - Full year non-GAAP adjusted earnings per share was $1.11[6] - Specialty Products adjusted EBITDA increased 95% to $40.2 million for the full year, compared to $20.6 million in the prior year[6] Acquisitions and Investments - The company acquired IMS for $32.8 million, expanding into printed circuit board products[5] Assets and Liabilities - Total assets increased to $2,416,394 thousand as of December 31, 2024, up from $2,315,422 thousand in 2023, representing a growth of 4.4%[16] - Total liabilities rose to $1,259,124 thousand in 2024, up from $1,163,127 thousand in 2023, an increase of 8.2%[16] - The total shareholders' equity increased to $1,157,270 thousand in 2024 from $1,152,295 thousand in 2023, a slight increase of 0.4%[16] Cash Flow and Shareholder Activity - Cash and cash equivalents rose significantly to $198,456 thousand in 2024, compared to $47,276 thousand in 2023, marking an increase of 319.5%[18] - The company experienced a cash flow from operating activities of $188,388 thousand in 2024, a decrease from $193 thousand in 2023[18] - The company repurchased ordinary shares worth $14,420 thousand in 2024, compared to $64,066 thousand in 2023, indicating a decrease in share buyback activity[18] Net Income and Loss - The company reported a full year net loss of $5.9 million, or $0.04 loss per diluted share, compared to net income of $67.5 million, or $0.41 earnings per diluted share in the prior year[6] - The company reported a net loss of $5,905 thousand for the year ended December 31, 2024, a decline from a net income of $67,486 thousand in 2023[18] - For the year ended December 31, 2024, the GAAP net loss was $(5,905), with an adjusted net income of $163,390, leading to an adjusted EPS of $1.11[26] Advisory Fees and Expenses - Founders advisory fees related party increased to $198,308 thousand in 2024 from a negative $108,481 thousand in 2023, reflecting a significant change in expense recognition[22] - The company incurred $54,789 in founders advisory fees for the three months ended December 31, 2024, and $198,308 for the year ended December 31, 2024[26] - The company recognized $4.4 million in non-recurring expenses related to the Redomiciliation Transaction for the three months ended December 31, 2024[26] Inventory and Other Financial Metrics - Inventories decreased to $116,347 thousand in 2024 from $145,652 thousand in 2023, a reduction of 20.2%[16] - The shares used in computing adjusted EPS (diluted) for the year ended December 31, 2024, were 147,209,802[26] - The total tax impact of non-GAAP adjustments for the year ended December 31, 2024, was $(106,715)[26] - The company reported a foreign currency loss of $2,280 for the three months ended December 31, 2024[26] Quarterly Performance - For the three months ended December 31, 2024, the GAAP net income was $144,170, while the adjusted net income was $19,048, resulting in an adjusted EPS of $0.13[26] - For the three months ended September 30, 2024, the adjusted net income was $110,619, with an adjusted EPS of $0.75[27] - The GAAP net loss for the three months ended March 31, 2024, was $(82,558), with an adjusted net loss of $(2,070)[32] - Fire Safety adjusted EBITDA increased 289% to $27.2 million in the fourth quarter, compared to $7.0 million in the prior year quarter[6]

Perimeter Solutions Reports Fourth Quarter 2024 Financial ResultsFebruary 20, 2025 6:00 AM EST | Source: Perimeter SolutionsFull year Earnings (Loss) Per Diluted Share of ($0.04) and Adjusted Earnings Per Diluted Share of $1.11 Net Income (Loss) of ($5.9M) and Adjusted Net Income of $163.4MStrong 2024 results demonstrate operational value driver transformation -- Adjusted EBITDA approximately doubled in three years with minimal end-market contributionAcquired IMS for $32.8M, expanding into pri ...

Core Viewpoint - Perimeter Solutions will release its financial results for the fourth quarter of 2024 on February 20, 2025, before the market opens [1] Group 1: Earnings Call Details - The company will host a conference call to discuss the financial results at 8:30 AM ET on the same day [2] - The call will be led by CEO Haitham Khouri, CFO Kyle Sable, and Head of Investor Relations Seth Barker [2] - A live webcast of the call will be available on Perimeter's investor relations website [2] Group 2: Company Overview - Perimeter Solutions is headquartered in St. Louis, Missouri, and is a leading global provider in the Fire Safety and Specialty Products industries [3] - The company develops products that address critical life safety issues, emphasizing the importance of reliability in their solutions [3] - Major brands produced by Perimeter include PHOS-CHEK®, FIRE-TROL®, AUXQUIMIA®, SOLBERG®, and BIOGEMA® [3]

Perimeter Solutions, SA (PRM) shares soared 5.4% in the last trading session to close at $12.63. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 7.1% loss over the past four weeks.PRM’s gain appears to reflect optimism about a recovery in its major end markets. Favorable industry trends are expected to continue to drive demand for fire retardant products. The company’s Specialty Products segment is also seeing strong growth aided ...

Company Overview - Perimeter Solutions is a leading producer of high-quality firefighting products and compounds used to combat forest fires [2] - The company has a global footprint with locations in North America, Europe, and Australia [2] Industry and Market Presence - The company supplies its products globally, indicating a strong market presence in the firefighting industry [2] Analyst's Position - The analyst has no stock, option, or similar derivative position in any of the companies mentioned [2] - The analyst has no plans to initiate any such positions within the next 72 hours [2] - The analyst wrote the article themselves and it expresses their own opinions [2] - The analyst is not receiving compensation for the article other than from Seeking Alpha [2] - The analyst has no business relationship with any company whose stock is mentioned in the article [2]