---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-009213"
form_type: "8-K"
ticker: "PPIH"
cik: "0000914122"
company_name: "Perma-Pipe International Holdings, Inc."
filed_at: "2022-04-19T23:59:59+00:00"
generated_at: "2026-06-26T06:45:10.420051+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Perma-Pipe Q4 net sales $39.1M, net income $3.0M; FY net income $6.1M vs loss prior year

## Summary
- Q4 net sales $39.1M (+84% YoY); net income $3.0M vs loss of ($2.5M) YoY.
- FY2021 net sales $138.6M (+64% YoY); net income $6.1M vs loss of ($7.6M) in FY2020.
- Gross profit margin improved to 25% (Q4) and 24% (FY) from 11% and 13% respectively YoY.
- Backlog $39.3M at Jan 31, 2022; share repurchase program commenced in Oct 2021.
- Sale-leaseback of TN property and extension of credit agreement enhanced liquidity.

## SEC filing metadata
- accession: 0001437749-22-009213
- form_type: 8-K
- ticker: PPIH
- cik: 0000914122
- company_name: Perma-Pipe International Holdings, Inc.
- filed_at: 2022-04-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/914122/000143774922009213/0001437749-22-009213-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/914122/000143774922009213/ppih20220120_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-009213
- JSON: https://secwatch.observer/filing/0001437749-22-009213.json
- Plain text: https://secwatch.observer/filing/0001437749-22-009213.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.