Perma-Pipe International Holdings, Inc. (PPIH)

From the record

Perma-Pipe International Holdings, Inc.'s filings since 2017 show 5 warning events of 3 kinds: a warning not to rely on past financial statements (8-K item 4.02, the latest 2024-12-20); an auditor change (8-K item 4.01, the latest 2024-06-21); a late-report notice (Form NT 10-K or NT 10-Q, 3 times, the latest 2024-12-17) (its current reports).

From the record

Perma-Pipe International Holdings, Inc.'s 9 filed years say what it did: revenue went from $105 million in fiscal 2018 to $211 million in fiscal 2026, up 9.1% a year; it rose in 6 of 8 years; the deepest fall was 34% from fiscal 2019 to fiscal 2021; net income was positive in 6 of 9 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2026-01-31, Perma-Pipe International Holdings, Inc.'s diluted share count grew about 0.1% a year, and dividends and buybacks returned about 2% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2026-01-31, Perma-Pipe International Holdings, Inc. earned about 19 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 32 cents per dollar of everything the company owns. Leverage: it owed about 58 cents per dollar of assets, and net share issuance: its share count grew 1.7% over the year (the filed statements).

From the record

Perma-Pipe International Holdings, Inc.'s standing among 63 graded names in its industry family: revenue of $211 million in fiscal 2026 ranks in the bottom 14% by size; a net margin of 8.1% ranks in the top 44%; revenue growth of 13.9% a year over the last 3 filed years ranks in the top 18% (its annual reports).

From the record

Perma-Pipe International Holdings, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Sagr, Saleh Nehad Saleh (President & CEO, as filed), filing under that title since 2025-06-27, 1.4 years (bottom 12% of its family); the 7 officers and directors filing in the last fifteen months have been on the record a median of 1.4 years (bottom 3%); 10 officer or director changes were reported on Form 8-K since 2023-11-13, against the 7 people in charge now (bottom 4%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Perma-Pipe International Holdings, Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $19 million against debt of $4 million leaves 6.7% of its assets as net cash, top 21% of its family; cash from operations less capital spending is -0.6% of revenue (bottom 21%); a gross margin of 32.9% (bottom 37%) (its annual report).

From the record

Perma-Pipe International Holdings, Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 13.9% a year over the last three filed years against 9.1% over all 9, speeding up (top 25% of its family); the newest year grew 33.2% (top 10%); research spending grew -37% a year (bottom 3%); capital spending grew 14.4% a year (top 25%) (its annual reports). Perma-Pipe International Holdings, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Perma-Pipe International Holdings, Inc.'s newest year against its own record: revenue of $211 million in fiscal 2026 came in 26.4% above the $167 million its prior three years' pace pointed to (top 9% of its family); net income of $17 million against a prior three-year average of $8 million (top 21%); a net margin of 8.1% against 5.6% before (top 30%) (its annual reports).