Financial Snapshot

Revenue
$209.4M
TTM
Gross Margin
15.19%
TTM
Net Earnings
-$7.382M
TTM
Current Assets
Q1 2024
Current Liabilities
Q1 2024
Current Ratio
137.78%
Q1 2024
Total Assets
Q1 2024
Total Liabilities
Q1 2024
Book Value
$15.06M
Q1 2024
Cash
Q1 2024
P/E
-4.176
Nov 29, 2024 EST
Free Cash Flow
-$5.180M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020
Revenue $72.52M $69.03M $54.44M $48.09M $47.78M
YoY Change 5.06% 26.8% 13.2% 0.65%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020
Revenue $72.52M $69.03M $54.44M $48.09M $47.78M
Cost Of Revenue $59.92M $58.41M $44.60M $35.67M $42.20M
Gross Profit $12.61M $10.62M $9.840M $12.42M $5.570M
Gross Profit Margin 17.39% 15.38% 18.07% 25.83% 11.66%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020
Selling, General & Admin $15.39M $12.58M $11.07M $6.680M $4.810M
YoY Change 22.34% 13.64% 65.72% 38.88%
% of Gross Profit 122.06% 118.46% 112.5% 53.78% 86.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.640M $1.940M $1.760M $1.560M $1.230M
YoY Change -15.46% 10.23% 12.82% 26.83%
% of Gross Profit 13.01% 18.27% 17.89% 12.56% 22.08%
Operating Expenses $15.39M $12.31M $10.57M $6.630M $4.720M
YoY Change 25.03% 16.46% 59.43% 40.47%
Operating Profit -$2.782M -$1.690M -$730.0K $5.790M $850.0K
YoY Change 64.62% 131.51% -112.61% 581.18%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020
Interest Expense $1.145M -$720.0K -$370.0K -$200.0K -$230.0K
YoY Change -259.03% 94.59% 85.0% -13.04%
% of Operating Profit -3.45% -27.06%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020
Pretax Income -$3.716M -$2.560M -$1.100M $5.580M $500.0K
YoY Change 45.16% 132.73% -119.71% 1016.0%
Income Tax -$493.0K -$10.00K $160.0K $220.0K $190.0K
% Of Pretax Income 3.94% 38.0%
Net Earnings -$3.239M -$2.530M -$1.240M $5.360M $310.0K
YoY Change 28.02% 104.03% -123.13% 1629.03%
Net Earnings / Revenue -4.47% -3.67% -2.28% 11.15% 0.65%
Basic Earnings Per Share -$0.10 -$0.08
Diluted Earnings Per Share -$0.10 -$0.07 -$0.03 $0.15 $0.01

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020
Cash & Short-Term Investments $7.648M $9.070M $5.140M $7.240M $2.970M
YoY Change -15.68% 76.46% -29.01% 143.77%
Cash & Equivalents $7.648M $9.070M $5.140M $6.820M $2.970M
Short-Term Investments $430.0K $0.00
Other Short-Term Assets $3.810M $1.170M $1.310M $1.480M $740.0K
YoY Change 225.64% -10.69% -11.49% 100.0%
Inventory $55.00K $140.0K $140.0K
Prepaid Expenses
Receivables $19.82M $17.05M $12.19M $13.28M $14.31M
Other Receivables $0.00 $0.00 $0.00 $40.00K $60.00K
Total Short-Term Assets $31.33M $27.44M $18.79M $22.05M $18.08M
YoY Change 14.19% 46.04% -14.78% 21.96%
Property, Plant & Equipment $13.49M $14.05M $12.43M $4.310M $2.840M
YoY Change -4.0% 13.03% 188.4% 51.76%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $420.0K
YoY Change -100.0%
Other Assets $550.0K $780.0K $1.290M $0.00
YoY Change -29.49% -39.53%
Total Long-Term Assets $14.18M $15.38M $14.41M $6.900M $4.770M
YoY Change -7.83% 6.73% 108.84% 44.65%
Total Assets $45.51M $42.82M $33.20M $28.95M $22.85M
YoY Change
Accounts Payable $9.406M $10.90M $8.690M $5.410M $4.670M
YoY Change -13.71% 25.43% 60.63% 15.85%
Accrued Expenses $1.989M $1.640M $590.0K $610.0K $540.0K
YoY Change 21.28% 177.97% -3.28% 12.96%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $11.35M $11.98M $2.600M $2.020M $3.590M
YoY Change -5.28% 360.77% 28.71% -43.73%
Total Short-Term Liabilities $22.74M $24.52M $12.43M $10.29M $9.230M
YoY Change -7.25% 97.26% 20.8% 11.48%
Long-Term Debt $5.956M $7.350M $7.980M $4.720M $0.00
YoY Change -18.97% -7.89% 69.07%
Other Long-Term Liabilities $1.501M $1.390M $830.0K $710.0K
YoY Change 7.99% 67.47%
Total Long-Term Liabilities $7.457M $8.740M $8.810M $4.720M $710.0K
YoY Change -14.68% -0.79% 86.65% 564.79%
Total Liabilities $30.52M $34.04M $22.02M $15.66M $10.48M
YoY Change -10.35% 54.59% 40.61% 49.43%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020
Basic Shares Outstanding 33.93M shares 32.50M shares
Diluted Shares Outstanding 33.93M shares 32.50M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $30.824 Million

About Primech Holdings Ltd

Primech Holdings Ltd. engages in the provision of commercial cleaning solutions. The company employs 2,744 full-time employees The company went IPO on 2023-10-10. The firm is a technology-driven facilities services provider in the public and private sectors operating mainly in Singapore. Its services include facilities services, stewarding services, cleaning services to offices, cleaning services to homes, and cleaning supplies. Its facilities services include general cleaning and maintenance of public and private facilities, housekeeping services, specialized cleaning services, marble polishing services, building facade cleaning services, waste management and pest control services. Its stewarding services include the cleaning of kitchen facilities of healthcare facilities, hotels and restaurants and the supply of ad hoc customer service officers and food and beverage service crew to healthcare facilities. The company provides cleaning services to the homes of individual customers who engage its services through HomeHelpy application. The firm also manufactures and supplies cleaning products.

Industry: Services-To Dwellings & Other Buildings Peers: ESGL Holdings Ltd