PRM Q1 2023 Earnings — Perimeter Solutions, S.A. Revenue & Financial Results | Market Cap Arena

PRMPerimeter Solutions, S.A.

$4B

Q1 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$44M-24.1% YoY

Gross Profit

$10M23.7% margin

Operating Income

-$13M-29.3% margin

Net Income

$9M21.5% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

+6.3%

Cash Flow

Operating Cash Flow

-$32M

Free Cash Flow

-$34M

Stock-Based Comp.

-$3M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.3B

Stockholders' Equity

$1.1B

Cash & Equivalents

$92M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$44M	$58M	-24.1%
Gross Profit	$10M	$16M	-36.7%
Operating Income	-$13M	$43M	-129.8%
Net Income	$9M	$37M	-74.5%

Revenue Segments

Product

$43M98%

Service

$709,0002%

Product and Service, Other

$9,0000%