Perimeter Solutions, Inc.PRM

Market cap

$3.9B

P/E ratio

	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Net sales	361	322	561
Cost of goods sold	218	183	244
Gross profit	143	139	317
Selling, general and administrative expense	74	57	67
Amortization	55	55	55
Founders advisory fees - related party	-	108	-198
Intangible impairment	-	41	-
Other operating expense	-0	-0	-1
Total operating expenses	13	44	321
Operating (loss) income	130	94	-4
Interest expense, net	-	-	40
Gain on contingent earn-out	-13	-7	-
Foreign currency loss (gain)	-3	2	-2
Other expense (income), net	1	-0	-0
Total other expense, net	-33	-33	-43
(Loss) income before income taxes	97	62	-47
Income tax benefit (expense)	5	-6	-41
Net (loss) income	92	67	-6
Foreign currency translation adjustments	-18	-	-20
Total comprehensive (loss) income	73	73	-25
Basic (in usd per share)	0.57	0.44	-0.04
Diluted (in usd per share)	0.52	0.41	-0.04