---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-014510"
form_type: "8-K"
ticker: "PPIH"
cik: "0000914122"
company_name: "Perma-Pipe International Holdings, Inc."
filed_at: "2022-06-07T23:59:59+00:00"
generated_at: "2026-06-25T04:09:35.892562+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Perma-Pipe Q1 net sales $31.2M (+28% YoY); backlog surges 50% to $59.2M

## Summary
- Net sales $31.2M vs $24.4M Q1 2021; income from operations improved to $0.2M from -$0.9M.
- Gross profit rose to $7.0M (23% of sales) from $4.5M (18%) on higher volumes and mix.
- Backlog at April 30, 2022 was $59.2M, up 50% from $39.3M at Jan 31, 2022.
- Net loss remained $0.9M, similar to prior year; effective tax rate volatile at -455.9%.
- Increased activity in Canadian oil & gas and Saudi construction projects cited.

## SEC filing metadata
- accession: 0001437749-22-014510
- form_type: 8-K
- ticker: PPIH
- cik: 0000914122
- company_name: Perma-Pipe International Holdings, Inc.
- filed_at: 2022-06-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/914122/000143774922014510/0001437749-22-014510-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/914122/000143774922014510/ppih20220420_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-014510
- JSON: https://secwatch.observer/filing/0001437749-22-014510.json
- Plain text: https://secwatch.observer/filing/0001437749-22-014510.txt

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