Perimeter Solutions SA
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 22, 2024
PRM$31.58+7.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except share and per share data)
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $47,276 | $126,750 |
| Accounts receivable, net | 39,593 | 26,646 |
| Inventories | 145,652 | 142,961 |
| Prepaid expenses and other current assets | 18,493 | 12,165 |
| Total current assets | 251,014 | 308,522 |
| Property, plant and equipment, net | 59,402 | 58,846 |
| Operating lease right-of-use assets | 16,339 | 18,582 |
| Finance lease right-of-use assets | 6,064 | — |
| Goodwill | 1,036,279 | 1,031,460 |
| Customer lists, net | 674,786 | 710,329 |
| Technology and patents, net | 180,653 | 232,818 |
| Tradenames, net | 89,568 | 94,293 |
| Other assets, net | 1,317 | 1,766 |
| Total assets | $2,315,422 | $2,456,616 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current Liabilities: | ||
| Accounts payable | $21,639 | $36,794 |
| Accrued expenses and other current liabilities | 30,710 | 32,705 |
| Founders advisory fees payable - related party | 2,702 | 4,655 |
| Total current liabilities | 55,051 | 74,154 |
| Long-term debt, net | 666,494 | 665,280 |
| Operating lease liabilities, net of current portion | 14,908 | 15,484 |
| Finance lease liabilities, net of current portion | 5,547 | — |
| Deferred income taxes | 253,454 | 278,270 |
| Founders advisory fees payable - related party | 56,917 | 170,718 |
| Redeemable preferred shares | 105,799 | 101,279 |
| Redeemable preferred shares - related party | 2,764 | 3,209 |
| Other non-current liabilities | 2,193 | 9,322 |
| Total liabilities | 1,163,127 | 1,317,716 |
| Commitments and Contingencies (Note 9) | ||
| Shareholders’ equity: | ||
| Ordinary shares, $1 nominal value per share, 4,000,000,000 shares authorized; 165,066,195 and 163,234,542 shares issued; 146,451,005 and 156,797,806 shares outstanding at December 31, 2023 and 2022, respectively | 165,067 | 163,235 |
| Treasury shares, at cost; 18,615,190 and 6,436,736 shares at December 31, 2023 and 2022, respectively | (113,407) | (49,341) |
| Additional paid-in capital | 1,701,163 | 1,698,781 |
| Accumulated other comprehensive loss | (19,710) | (25,471) |
| Accumulated deficit | (580,818) | (648,304) |
| Total shareholders’ equity | 1,152,295 | 1,138,900 |
| Total liabilities and shareholders’ equity | $2,315,422 | $2,456,616 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.