PRM Q2 2023 Earnings — Perimeter Solutions, S.A. Revenue & Financial Results | Market Cap Arena

PRMPerimeter Solutions, S.A.

$4B

Q2 2023 Earnings

Basic Materials Chemicals - Specialty

Income Statement

Revenue

$76M-24.6% YoY

Gross Profit

$29M38.5% margin

Operating Income

$63M83.2% margin

Net Income

$52M68.3% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

+73.6%

Cash Flow

Operating Cash Flow

-$41M

Free Cash Flow

-$43M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.2B

Stockholders' Equity

$1.2B

Cash & Equivalents

$22M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$76M	$101M	-24.6%
Gross Profit	$29M	$29M	+1.4%
Operating Income	$63M	$16M	+305.1%
Net Income	$52M	$9M	+482.7%

Revenue Segments

Product

$73M96%

Service

$3M4%

Product and Service, Other

$488,0001%