Perma-Pipe International (PPIH)

Company Profile

perma-pipe, inc is a subsidiary of mfri. we specialized in containment piping systems. we are a job shop manufacturing facility. we provide engineering services and installation. we currently have three locations: fujairah, u.a.e., new iberia, la and lebanon, tn.

Company profile

Ticker

PPIH

Exchange

NASDAQ

Website

www.permapipe.com/

CEO

David Mansfield

Incorporated

Delaware

Location

Texas

Fiscal year end

Jan 31

Sector

Manufacturing > Iron and Steel Forging

Industry (SIC)

Industrial & Commercial Fans & Blowers & Air Purifying Equip

Donaldson • Ceco Environmental • Fuel Tech • Princeton Capital • Molekule • Bare Metal Standard • Kronos Advanced ...

Former names

MFRI INC

SEC CIK

0000914122

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

MFRI Holdings • Midwesco Filter Resources, Inc. • MM Niles, Inc. • Perma-Pipe, Inc. • Perma-Pipe Canada, Inc. • Perma-Pipe Canada, LTD. • Perma-Pipe India Pvt. Ltd. • Perma-Pipe International Co. LLC • Perma-Pipe Egypt for Metal Fabrication and Insulation Industries • Perma-Pipe Oil Field Services LLC ...

IRS number

363922969

PPIH stock data

1M 1Y 5Y

Latest filings (excl ownership)

View all

8-K

Perma-Pipe International Holdings Announces the Appointment of Matthew Lewicki as Vice President and Chief Financial Officer, Secretary and Treasurer

2 Oct 23

8-K

Perma-Pipe International Holdings, Inc. Announces its Second Quarter Fiscal 2023 Financial Results

14 Sep 23

Submission of Matters to a Vote of Security Holders

14 Jun 23

Perma-Pipe International Holdings, Inc. Announces its First Quarter Fiscal 2023 Financial Results

14 Jun 23

ARS

2023 FY

Annual report to shareholders

8 May 23

Departure of Directors or Certain Officers

27 Apr 23

Latest ownership filings

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Robert Joseph McNally

Robert Joseph McNally

27 Jun 23

D Bryan Norwood

27 Jun 23

Financial summary

Financial statements Chart PPIH financial data

Quarter (USD)	Jul 23	Apr 23	Jan 23	Oct 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jan 23	Jan 22	Jan 21	Jan 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	7.33 mm	7.33 mm	7.33 mm	7.33 mm	7.33 mm	7.33 mm
Cash burn (monthly)	819.33 k	30.50 k	(no burn)	(no burn)	93.00 k	(no burn)
Cash used (since last report)	3.36 mm	125.18 k	n/a	n/a	381.69 k	n/a
Cash remaining	3.96 mm	7.20 mm	n/a	n/a	6.95 mm	n/a
Runway (months of cash)	4.8	236.1	n/a	n/a	74.7	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q2 2023

PPIH institutional ownership history Ownership history

25.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	22	21	+4.8%
Opened positions	4	0	NEW
Closed positions	3	3	–
Increased positions	5	8	-37.5%
Reduced positions	7	6	+16.7%

13F shares	Current	Prev Q	Change
Total value	15.39 bn	16.97 bn	-9.3%
Total shares	2.03 mm	2.00 mm	+1.3%
Total puts	0.00	0.00
Total calls	12.00 k	0.00	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Dimensional Fund Advisors	466.94 k	$4.44 bn	-3.9%
Vanguard	305.53 k	$2.91 bn	+1.3%
Caldwell Sutter Capital	238.06 k	$2.26 bn	-0.4%
Wedbush Securities	233.64 k	$2.22 mm	+5.5%
Renaissance Technologies	177.19 k	$1.69 mm	-2.5%
Cannell Capital	123.99 k	$1.18 bn	+32.5%
Bridgeway Capital Management	85.60 k	$814.06 mm	0.0%
MS Morgan Stanley	70.46 k	$670.07 mm	+3.3%
Shufro Rose & Co	70.00 k	$665.70 mm	0.0%
Geode Capital Management	69.50 k	$660.92 mm	0.0%

Largest transactions	Shares	Bought/sold	Change
Putnam FL Investment Management	43.55 k	+43.55 k	NEW
Boston Private Wealth	0.00	-42.26 k	EXIT
Cannell Capital	123.99 k	+30.45 k	+32.5%
Dimensional Fund Advisors	466.94 k	-19.10 k	-3.9%
Wedbush Securities	233.64 k	+12.15 k	+5.5%
BLK Blackrock	30.03 k	+11.16 k	+59.2%
Founders Capital Management	0.00	-7.20 k	EXIT
Renaissance Technologies	177.19 k	-4.60 k	-2.5%
Vanguard	305.53 k	+3.98 k	+1.3%
HighTower Advisors	42.88 k	-2.44 k	-5.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

PPIH insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
6 Oct 23	Walker Jerome T.	Common Stock	Buy	Acquire P	No	No	7.5	1,500	11.25 k	32,167
26 Sep 23	Walker Jerome T.	Common Stock	Buy	Acquire P	No	No	7.9	1,200	9.48 k	30,667
20 Sep 23	McNally Robert Joseph	Common Stock	Buy	Acquire P	No	No	8.34	1,000	8.34 k	20,159
20 Sep 23	McNally Robert Joseph	Common Stock	Buy	Acquire P	No	No	8.42	1,000	8.42 k	19,159
20 Sep 23	McNally Robert Joseph	Common Stock	Buy	Acquire P	No	No	8.26	1,000	8.26 k	18,159
20 Sep 23	McNally Robert Joseph	Common Stock	Buy	Acquire P	No	No	8.36	1,000	8.36 k	17,159
20 Sep 23	McNally Robert Joseph	Common Stock	Buy	Acquire P	No	No	8.31	1,000	8.31 k	16,159
20 Sep 23	McNally Robert Joseph	Common Stock	Buy	Acquire P	No	No	8.46	1,000	8.46 k	15,159
22 Jun 23	Matthew Earl Lewicki	Common Stock	Grant	Acquire A	No	No	0	4,098	0.00	4,098
22 Jun 23	Norwood D Bryan	Common Stock	Grant	Acquire A	No	No	0	6,432	0.00	34,123