NYSE$PRM

Perimeter Solutions SA · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported a decrease in net sales due to the mild North America fire season.

Perimeter Solutions reported a decrease in net sales by 10% and a net loss of $60.4 million for the fourth quarter of 2022. The company's Fire Safety segment experienced a significant decrease in Adjusted EBITDA, while the Specialty Products segment saw a slight increase.

  • Net sales decreased by 10% compared to the prior year quarter.
  • Fire Safety sales decreased by 18% compared to the prior year quarter.
  • Specialty Products sales decreased by 1% compared to the prior year quarter.
  • Net loss was $60.4 million, a decrease of $630.8 million from the prior year quarter.

Headline financials

Total Revenue

$41.3M

Previous: $45.9M-10.0%
EPS (adj)

-$0.38

Previous: -$6.10+93.8%
Adjusted EBITDA

$2.11M

Previous: $6.84M-69.2%
Capital Expenditures

$2.59M

Previous: $1.47M+76.4%
Free Cash Flow

$423K

Previous: $2.89M-85.4%
Net Income

-$60.4M

Previous: -$689M+91.2%
Operating Income

-$59.8M

Previous: -$670M+91.1%
Gross Profit

$10.6M

Previous: -$506K+2189.7%
Cash & Equivalents

$127M

Previous: $226M-43.8%
Total Assets

$2.46B

Previous: $2.58B-4.7%
Stock-Based Comp

-$4.65M

Previous: $4.82M-196.4%

Revenue & EPS history

Perimeter Solutions · Revenue · Quarterly

$41.3M

Q4 2022-10%vs Q4 2021
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Perimeter Solutions · $41.3M total across 2 segments · Q4 2022

  • Specialty Products
    $21.7M-1.4%
  • Fire Safety
    $19.6M-18.0%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

+2.1%

Avg return

Earnings day

+6.4%

Avg return

5 days after

+7.8%

Avg return

30 days after

52%

12 / 23 earnings

Positive

+29.1%

Q3 2022

Best reaction

-14.1%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-9.2%+6.5%-0.2%
Q4 2025-10.5%-7.6%-19.1%
Q3 2025+20.6%+13.2%+30.6%
Q1 2025+15.2%+18.7%+24.9%
Q4 2024-8.0%-13.4%-23.1%
Q3 2024-14.1%-13.6%-8.5%
Q2 2024+0.0%+5.3%+20.8%
Q1 2024-0.9%+3.3%-7.2%
Q4 2023+2.7%+6.2%+10.1%
Q3 2023+10.8%+37.0%+37.7%
Q2 2023+10.7%+6.5%+9.2%
Q1 2023-5.4%-4.6%-12.1%
Q4 2022+2.7%+1.9%-7.9%
Q3 2022+29.1%+29.2%+52.2%
Q2 2022-5.1%-1.6%-14.8%
Q2 2021-5.1%-1.6%-14.8%
Q1 2021-1.2%+14.6%+34.6%
Q1 2022-5.1%+17.2%+40.8%
Q4 2019+0.4%-2.7%-15.0%
Q4 2021+0.3%+1.8%-7.3%
Q4 2020+6.5%+10.0%+16.1%
Q3 2020+6.5%+10.0%+16.1%
Q3 2021+6.5%+10.0%+16.1%
Q2 2020
Q1 2020

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