Perma-Pipe International Holdings, Inc. (PPIH)
Nasdaq: PPIH · Industrial & Commercial Fans & Blowers & Air Purifing Equip · The Woodlands, TX · filing with the SEC since 1994
Grade4.3
◀ Past 3.1● Present 4.2▶ Future 5.8
Income statement, as filed
In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts in thousands. The fiscal year ends in January.| Fiscal year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 | FY 2020 | FY 2019 | FY 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Period ending | Jan 31, 2026 | Jan 31, 2025 | Jan 31, 2024 | Jan 31, 2023 | Dec 31, 2022 | Jan 31, 2022 | Dec 31, 2021 | Jan 31, 2021 | Jan 31, 2020 | Jan 31, 2019 |
| Report filed | Apr 16, 2026 | May 1, 2025 | Apr 26, 2024 | Apr 27, 2023 | · | Apr 19, 2022 | · | Apr 15, 2021 | Apr 21, 2020 | Apr 16, 2019 |
| Revenue | 210,925 | 158,384 | 150,668 | 142,569 | · | 138,552 | · | 84,694 | 127,663 | 128,965 |
| For lenders | ||||||||||
| Net interest income | -1,822 | -1,940 | -2,266 | -2,119 | · | -828 | · | -381 | -905 | -1,122 |
| Cost of revenue | 141,437 | 105,136 | 109,210 | 104,268 | · | 106,022 | · | 73,515 | 98,617 | 105,647r |
| Gross profit | 69,488 | 53,248 | 41,458 | 38,301 | · | 32,530 | · | 11,179 | 29,046 | 23,318r |
| Research and development | · | 100 | 500 | 600r | · | 400 | · | 300 | 300 | 200 |
| General and administrative | 35,293 | 28,000 | 22,591 | 21,994 | · | 19,893 | · | 17,222 | 18,934r | 15,357 |
| Total operating expenses | 40,039 | 32,947 | 28,099 | 27,157 | · | 24,419 | · | 22,556 | 24,165r | 20,596 |
| Operating income | 29,449 | 20,301 | 13,359 | 11,144 | · | 8,111 | · | -11,377 | 4,881r | 2,722r |
| Interest expense | 2,120 | 2,224 | 2,429 | 2,243 | · | 918 | · | 649 | 1,106 | 1,286 |
| Interest and investment income | 298 | 284 | 163 | 124 | · | 90 | · | 268 | 201 | 164 |
| Interest income (expense), net | -1,822 | -1,940 | -2,266 | -2,119 | · | -828 | · | -381 | -905 | -1,122 |
| Other income (expense), net | -134 | 107 | -1,202 | 533 | · | 1,044 | · | 3,983 | 1,059 | · |
| Income before income taxes | 27,493 | 18,468 | 9,891 | 9,558 | · | 8,327 | · | -7,775 | 5,035 | 1,600r |
| Income tax expense | 6,844 | 5,377 | -3,320 | 3,613 | · | 2,265 | · | -133 | 1,459 | 2,150 |
| Net income including non-controlling interests | 20,649 | 13,091 | 13,211 | 5,945 | · | · | · | · | · | · |
| Net income to non-controlling interests | 3,614 | 4,108 | 2,740 | 0 | · | · | · | · | · | · |
| Net income | 17,035 | 8,983 | 10,471 | 5,945 | · | 6,062 | · | -7,642 | 3,576 | -550r |
| Earnings per share, basic | 2.12 | 1.13 | 1.31 | 0.75 | · | 0.75 | · | -0.94 | 0.45 | -0.07 |
| Earnings per share, diluted | 2.09 | 1.12 | 1.30 | 0.73 | · | 0.72 | · | -0.94 | 0.42r | -0.07 |
| Earnings per share, basic and diluted | · | · | · | · | · | · | · | · | · | -0.07 |
| Weighted average shares, basic | 8,047 | 7,956 | 7,977 | 7,976 | · | 8,110r | · | 8,126 | 7,989 | 7,812 |
| Weighted average shares, diluted | 8,148 | 8,015 | 8,073 | 8,116 | · | 8,395r | · | 8,126 | 8,420r | 7,812 |
| Weighted average shares, basic and diluted | · | · | · | · | · | · | · | · | · | 7,812 |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenueFromContractWithCustomerIncludingAssessedTaxNet interest income interest earned less interest paid
us-gaap:InterestIncomeExpenseNetCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfRevenueGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesOperating income profit from running the business, before interest and tax
us-gaap:OperatingIncomeLossInterest expense what its borrowing cost
us-gaap:InterestExpenseInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestInterest income (expense), net interest earned less interest paid, outside the business
us-gaap:InterestIncomeExpenseNonoperatingNetOther income (expense), net gains and costs outside the business
us-gaap:OtherNonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedEarnings per share, basic and diluted net income per share, where both counts are the same
us-gaap:EarningsPerShareBasicAndDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstandingWeighted average shares, basic and diluted the average count, where both counts are the same
us-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted