Perimeter Group Inc. PRM
We are a leading provider of industrial products and services that support critical and complex customer missions across a range of niche applications. 10-K, Item 1
- Headquarters
- Charlotte, NC
- CEO
- Haitham Khouri
- Next results
- around Feb 25, 2027
Where each dollar of revenue went, FY2023
Revenue of $322.1M through the costs to a net profit of $67.5M · income statement of the 10-K
PRM among Materials peers
Six ratios from the latest 10-K. Each corner is the share of 84 peers the company is above, not a score.
What changed
10 new risk paragraphs. 10-K filed Feb 26, 2026 against Feb 20, 2025.
Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.
Accounting checks
11 checks on the latest 10-K. Checks, not verdicts.
0facts worth reading about all 11 checks found nothing to note
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Receivables +14.8% ($56.0M to $64.4M) vs revenue +16.4% ($561.0M to $652.9M), -1.5 pts apart
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Cash from operations $238.1M vs net income −$206.4M (FY ending Dec 31, 2025)
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Inventory +20.0% ($116.3M to $139.6M) vs revenue +16.4% ($561.0M to $652.9M), +3.6 pts apart
8 more checks with nothing to note
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Same auditor in both 10-Ks: KPMG LLP
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No statement of substantial doubt about going concern
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No 8-K item 4.02 in the last 2 years
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No NT 10-K or NT 10-Q in the last 2 years
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No longer listed: Ta b le of Contents; Evaluation of the impact of the Company’s redomiciliation transaction on its income tax provision; Ta b le of Contents. Same as last year: Assessment of the probability of achieving the vesting performance criteria of option awards; Fair value of a customer list intangible asset acquired in a business combination
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No sentence in the 10-K concludes that controls were not effective because of a material weakness
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No 8-K item 2.06 in the last 2 years
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No 8-K item 1.03 in the last 2 years
In their words
10 paragraphs in Risk Factors that were not in the 10-K filed Feb 20, 2025. Quoted as filed.
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Item 1A · new paragraph · not in the 10-K filed Feb 20, 2025 10-K, ITEM 1A
Failure to protect our intellectual property could harm our competitive position and business.
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Item 1A · new paragraph · not in the 10-K filed Feb 20, 2025 10-K, ITEM 1A
Our substantial indebtedness could have significant effects on our operations, including requiring us to dedicate a substantial portion of our cash flow to debt payments and thereby reducing funds available for working capital, capital expenditures, dividends, research and development, and other general corporate purposes. It may also…
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Item 1A · new paragraph · not in the 10-K filed Feb 20, 2025 10-K, ITEM 1A
For example, on January 22, 2026, we consummated the MMT Acquisition and expect that the MMT Acquisition will result in various benefits, including strategic diversification into medical manufacturing, access to new original equipment manufacturer customer relationships, recurring aftermarket revenue streams, new opportunities for…
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Item 1A · new paragraph · not in the 10-K filed Feb 20, 2025 10-K, ITEM 1A
Our attempt to expand our business into new markets and geographies through the MMT Acquisition may not be successful and exposes us to new and different risks. We opportunistically seek to grow our business through, among other things, expanding into new industries and geographies with diverse product offerings. Our acquisition of MMT…
New risk paragraphs, against peers
Latest 10-K of each, Materials companies closest in revenue
Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.
Financial performance
Last 4 fiscal years · 10-K XBRL
| Metric | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Revenue | $360.5M | $322.1M | $561.0M | $652.9M |
| Net income | $91.8M | $67.5M | −$5.9M | −$206.4M |
| Operating cash flow | −$40.2M | $193K | $188.4M | $238.1M |
| Free cash flow | −$48.8M | −$9.2M | $172.9M | $208.6M |
Revenue, FY2019 to FY2025
Ten fiscal years, each from its own 10-K · XBRL · USD
$652.9M ▲ 16.4% in FY2025−$206.4M in FY2025$208.6M ▲ 20.7% in FY2025
Recent filings
2 filings in the last 30 days · SEC EDGAR
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8-KNov 5, 2026Quarterly results, Bylaws or fiscal year changed 8-K items 2.02, 5.03
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10-QNov 5, 2026Quarterly report (10-Q) period ended Sep 30, 2026
About the company
Perimeter Group Inc., Charlotte, NC · from the 10-K filed Feb 26, 2026
We are a leading provider of industrial products and services that support critical and complex customer missions across a range of niche applications. Our current operations span firefighting products, lubricant additives, electronic components and, following the acquisition of Medical Manufacturing Technologies, LLC (“MMT”) in January 2026, highly engineered machinery for the medical device industry. We develop products that address complex customer challenges where there is little margin for error. Our offerings are typically a small part of a much broader solution that serves a growing end market. Our goal is to meet customer needs better than any alternative in every market we serve.
- Headquarters
- Charlotte, NC
- Country
- United States
- Reports in
- USD
- Listed on
- NYSE
- Fiscal year ends
- December 31
- Last results
- Nov 5, 2026
Email alerts
Sources
The 10-K filed Feb 26, 2026 (open at SEC), compared with the 10-K filed Feb 20, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.
Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/PRM/export.csv") into a cell.