Perimeter Solutions Inc
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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FY2024 · Filed Feb 20, 2025
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, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $198,456 | $47,276 |
| Accounts receivable, net | 56,048 | 39,593 |
| Inventories | 116,347 | 145,652 |
| Prepaid expenses and other current assets | 23,173 | 18,493 |
| Total current assets | 394,024 | 251,014 |
| Property, plant and equipment, net | 64,777 | 59,402 |
| Operating lease right-of-use assets | 17,298 | 16,339 |
| Finance lease right-of-use assets | 6,173 | 6,064 |
| Goodwill | 1,034,543 | 1,036,279 |
| Customer lists, net | 637,745 | 674,786 |
| Technology and patents, net | 173,307 | 180,653 |
| Tradenames, net | 87,365 | 89,568 |
| Other assets, net | 1,162 | 1,317 |
| Total assets | $2,416,394 | $2,315,422 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current Liabilities: | ||
| Accounts payable | $23,519 | $21,639 |
| Accrued expenses and other current liabilities | 30,450 | 30,710 |
| Founders advisory fees payable - related party | 6,677 | 2,702 |
| Deferred revenue | 1,842 | — |
| Total current liabilities | 62,488 | 55,051 |
| Long-term debt, net | 667,774 | 666,494 |
| Operating lease liabilities, net of current portion | 15,540 | 14,908 |
| Finance lease liabilities, net of current portion | 6,013 | 5,547 |
| Deferred income taxes | 152,203 | 253,454 |
| Founders advisory fees payable - related party | 240,083 | 56,917 |
| Preferred stock | 109,966 | 105,799 |
| Preferred stock - related party | 2,831 | 2,764 |
| Other non-current liabilities | 2,226 | 2,193 |
| Total liabilities | 1,259,124 | 1,163,127 |
| Commitments and contingencies (Note 8) | ||
| Shareholders’ equity: | ||
| Common stock, $0.0001 par value per share, 4,000,000,000 shares authorized; 169,426,114 shares issued; 147,822,633 shares outstanding at December 31, 2024 | 17 | — |
| Ordinary shares, $1.00 nominal value per share, 4,000,000,000 shares authorized; 165,066,195 shares issued; 146,451,005 shares outstanding at December 31, 2023 | — | 165,067 |
| Treasury shares, at cost; 21,603,481 and 18,615,190 shares at December 31, 2024 and 2023, respectively | (127,827) | (113,407) |
| Additional paid-in capital | 1,911,035 | 1,701,163 |
| Accumulated other comprehensive loss | (39,232) | (19,710) |
| Accumulated deficit | (586,723) | (580,818) |
| Total shareholders’ equity | 1,157,270 | 1,152,295 |
| Total liabilities and shareholders’ equity | $2,416,394 | $2,315,422 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.