Highest-materiality recent filing
Perimeter Solutions Q2 net loss $181.6M; acquires Monaco Enterprises for $120M
Net loss of $181.6M ($1.11 loss per diluted share) vs loss of $32.2M prior year.
Q1 net sales $125.1M (+74% YoY); Adj EBITDA $41.2M (+128%); acquired MMT for $682.3M
Net sales $125.1M (+74% YoY); Fire Safety +22% to $45.5M, Specialty Products +128% to $79.6M.
Perimeter Solutions reports FY2025 adj. EPS $1.34, revenue +16%; acquires MMT for $685M
Full year net loss $206.4M ($1.37 loss per diluted share) vs $5.9M loss prior year; adjusted EPS $1.34 vs $1.11.
Perimeter Solutions completes acquisition of Medical Manufacturing Technologies for $685 million
Completed acquisition of MMT on January 22, 2026 for approximately $685 million in cash.
$550M aggregate principal of 6.250% senior secured notes due Jan 15, 2034, issued by Perimeter Holdings, LLC.
Perimeter Solutions prices $550M senior secured notes at 6.250% due 2034 to fund MMT acquisition
Perimeter Holdings priced $550M aggregate principal of 6.250% senior secured notes due January 15, 2034.
Perimeter Solutions to acquire MMT for $685M; expects close in Q1 2026
Acquires MMT, a medical device machinery provider, for ~$685M in cash from Arcline Investment Management.
Perimeter Solutions Q3 net sales up 9% to $315.4M; adjusted EBITDA $186.3M
Revenue $315.4M (+9% YoY); Fire Safety +9% to $273.4M, Specialty Products +15% to $42.0M.
Perimeter Solutions Q2 net sales up 28% to $162.6M, adj. EBITDA up 41% to $91.3M
Net loss of $32.2M ($0.22 loss per diluted share) vs net income of $21.7M ($0.14 EPS) in prior-year quarter.
Perimeter Q1 net income $56.7M vs loss last year; sales up 22% to $72M
Net sales rose 22% to $72.0M; Fire Safety segment up 48% to $37.2M.
Perimeter Solutions FY sales +74% to $561M; Adj. EBITDA $280.3M; acquires IMS $32.8M
Full year net sales $561.0M (+74% YoY); Fire Safety $436.3M (+93%); Specialty Products $124.7M (+29%).
Perimeter Solutions redomiciles to Delaware after shareholder vote; stock remains PRM
Shareholders approved redomiciliation at Nov 20 meeting; 119.2M shares voted in favor.
Perimeter Solutions Q3 net sales surge 102% to $288.4M, but net loss of $89.2M vs prior-year profit
Fire Safety sales rose 113% to $251.8M; Specialty Products up 50% to $36.6M.
Perimeter Solutions amends warrant terms to allow cashless exercise; warrants expire Nov 11, 2024
Up to 34,020,000 warrants (each for 1/4 ordinary share) can now be exercised cashless via formula: [(A-B)*X]/A.
Net sales $127.3M (+67% YoY); Fire Safety +85%, Specialty Products +25%.
Perimeter Solutions Q1 net sales up 35%, Adj EBITDA +289%; net loss widens to $82.6M
Net sales $59.0M (+35% YoY); Fire Safety $25.2M (+34%), Specialty Products $33.9M (+35%).
Perimeter Solutions: FY2023 revenue down 11%, Q4 EBITDA up 433%; $100M buyback
FY2023 net sales $322.1M (-11% YoY); Fire Safety flat, Specialty Products -28%.
Perimeter Solutions Q3: Net sales down 11% to $142.7M, Adj. EBITDA falls 19% to $61.5M
Net income $19.3M ($0.12 diluted) vs $106.2M ($0.60) in prior year quarter.
Perimeter Solutions Q2 net sales down 25% to $76.1M; Adj EBITDA down 41% to $21.0M
Net sales $76.1M, down 25% YoY; Adj EBITDA $21.0M, down 41% YoY.
Perimeter Solutions Q1 net sales down 24%; adjusted EBITDA falls 74% to $3.1M
Net sales $43.9M (-24% YoY); net income $9.4M ($0.06 diluted EPS) vs $37.0M ($0.21) prior year.
Perimeter Solutions appoints Haitham Khouri as CEO; Goldberg becomes Vice Chairman
Khouri succeeds Goldberg as CEO effective March 8, 2023; Goldberg transitions to Vice Chairman.
Perimeter Solutions Q4 net loss $60.4M; full year Adj. EBITDA down 11%; restates prior periods
Full year net sales $360.5M (-1% YoY); Fire Safety sales -13%, Specialty Products +32%.
Audit committee determined non-reliance on unaudited financials for June 30, 2022 and Sept 30, 2022 due to errors in share-based compensation and inventory step-up amortization.
Perimeter Solutions Q3 net sales down 18% to $160.5M; Fire Safety segment leads decline
Q3 net sales $160.5M, down 18% YoY; net income $78.7M ($0.45 diluted EPS) vs $52.0M ($0.98) in prior year.
Perimeter Solutions Q2 net sales $101M (+16% YoY); net income $7.2M vs loss
YTD net sales $158.7M (+31%); adjusted EBITDA $47.7M (+39%).
Perimeter Solutions Q1 net sales up 70% to $57.8M; net income $37.8M vs prior-year loss
Net sales rose 70% to $57.8M from $33.9M in Q1 2021.
Perimeter Solutions CFO Barry Lederman to depart May 6; Charles Kropp named successor
Barry Lederman steps down as CFO effective May 6, 2022; Charles Kropp promoted from Global Controller.
Perimeter Solutions Q4 net loss $689.5M, FY net loss $659.8M; Adjusted EBITDA down 57% in Q4
Full year 2021 net sales $362.3M, up 7% YoY; Fire Safety sales +7% to $261.2M, Oil Additives +7% to $101.2M.
Perimeter Solutions Q3 net sales up 12% to $195.4M; Fire Safety EBITDA +13%
Net sales $195.4M (+12% YoY); net income $52.0M ($0.98 EPS) vs $52.6M ($0.99) prior year.
Perimeter Solutions closes SPAC merger with EverArc, issues $675M 5% notes
Business combination closed Nov 9, 2021; Perimeter Solutions begins trading on NYSE under PRM.
Kyle Sable, 42, will be promoted to Chief Financial Officer (and Principal Accounting Officer), effective upon Mr. Kropp’s departure.
Charles Kropp will no longer serve as Chief Financial Officer or Principal Accounting Officer of the Company effective November 16, 2023.
Mr. Khouri succeeds Edward Goldberg, who transitioned to the role of Vice Chairman of the Company effective immediately.
On March 8, 2023, Perimeter Solutions, SA (the “Company”) announced the appointment of Haitham Khouri to serve as the Chief Executive Officer of the Company effective immediately.
In connection with the operational realignment of Perimeter Solutions, SA (the “Company”), which is designed to drive localized operational execution and accountability, the corporate role of Chief Operating Officer has been eliminated and Ernest Kremling, Chief Operating Officer, has left the company effective January 13, 2023.
Barry Lederman will no longer serve as Chief Financial Officer or Principal Accounting Officer of the Company effective May 6, 2022.
Charles Kropp, 49, will be promoted to Chief Financial Officer (and Principal Accounting Officer), effective upon Mr. Lederman’s departure.
On April 4, 2022, Perimeter Solutions, SA (the “Company”) appointed Bernt Iversen II to its Board of Directors (the “Board”) effective immediately.
Kevin Stein who informed the Company on April 4, 2022 that he has decided not to continue as a director.
Max materiality 0.90 · Median 0.65 · Most common event earnings