← Perimeter Solutions, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net sales | $239.3m |
$339.6m
+41.90%
|
$341.3m
+0.51%
|
$360.5m
+5.62%
|
$322.1m
-10.65%
|
$561.0m
+74.16%
|
$652.9m
+16.38%
|
$757.1m
+15.96%
|
|
| Cost of goods sold | $155.4m |
$177.5m
+14.22%
|
$172.1m
-3.04%
|
$217.9m
+26.56%
|
$183.3m
-15.88%
|
$243.9m
+33.08%
|
$277.7m
+13.87%
|
$342.9m
+23.48%
|
|
| Gross profit | $83.9m |
$162.0m
+93.18%
|
$169.2m
+4.40%
|
$142.7m
-15.68%
|
$138.9m
-2.66%
|
$317.1m
+128.36%
|
$375.1m
+18.31%
|
$414.2m
+10.40%
|
|
| Selling, general and administrative expense | $36.2m | $37.7m | $39.0m | $74.3m | $57.1m | $66.9m | $77.6m | $95.4m | |
| Total operating expenses | $89.7m | $90.6m | $88.6m | $12.6m | $44.4m | $320.9m | $576.1m | $797.2m | |
| Interest expense, net | $51.7m | $42.0m | $39.1m | $42.6m | $41.4m | $40.5m | $39.1m | $63.5m | |
| Total other expense, net | $53.9m | $36.7m | $45.9m | $32.8m | $32.9m | $43.1m | $35.3m | — | |
| (Loss) income before income taxes | ($59.7m) | $34.7m | $34.8m | $97.2m | $61.6m | ($46.9m) | ($236.2m) | — | |
| Income tax benefit | $17.7m | ($10.5m) | ($14.1m) | ($5.5m) | $5.9m | $41.0m | $29.9m | — | |
| Basic (in usd per share) | ($0.79) | $0.46 | $0.39 | $0.57 | $0.44 | ($0.04) | ($1.37) | — | |
| Diluted (in usd per share) | ($0.79) | $0.46 | $0.39 | $0.52 | $0.41 | ($0.04) | ($1.37) | — | |
| Amortization expense | $51.1m | $51.5m | $45.4m | $55.1m | $55.1m | $55.0m | $59.7m | — | |
| Founders advisory fees - related party | $0 | $0 | $0 | ($117.3m) | ($108.5m) | $198.3m | $435.2m | — | |
| Intangible impairment | — | — | $0 | $0 | $40.7m | $0 | $0 | — | |
| Other operating expense | $2.4m | $1.4m | $4.2m | $465k | $10k | $612k | $3.6m | — | |
| Operating (loss) income | ($5.8m) | $71.5m | $80.6m | $130.1m | $94.5m | ($3.8m) | ($200.9m) | — | |
| Gain on contingent earn-out | $0 | $0 | $3.0m | ($12.7m) | ($7.3m) | $0 | $0 | — | |
| Foreign currency (gain) loss | $2.7m | ($5.6m) | $4.0m | $3.5m | ($1.7m) | $2.4m | ($3.0m) | — | |
| Other (income) expense, net | ($405k) | $367k | ($222k) | ($503k) | $417k | $192k | ($780k) | $3.4m | |
| Net (loss) income | ($42.0m) | $24.2m | $20.6m | $91.8m | $67.5m | ($5.9m) | ($206.4m) | — | |
| Foreign currency translation adjustments | ($358k) | $4.8m | $236k | ($18.3m) | $5.8m | ($19.5m) | $32.9m | — | |
| Total comprehensive (loss) income | ($42.4m) | $29.0m | $20.9m | $73.4m | $73.2m | ($25.4m) | ($173.5m) | — |