Perma-Pipe International Holdings Inc (OQ:PPIH)
Business Focus: Oil Related Services and Equipment
| Sector: Energy | Industry: Oil Related Services and Equipment |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 24900 Pitkin Road, Suite 309 SPRING TX 77386 |
| Tel: | N/A |
| Website: | https://www.permapipe.com |
| IR: | See website |
| Key People | ||
| David J. Mansfield President, Chief Executive Officer, Director | Matthew Lewicki Chief Financial Officer, Vice President, Treasurer, Company Secretary | Chuck Heaton Vice President - Human Resources |
| Business Overview |
| Perma-Pipe International Holdings, Inc. is a global engineered pipe services company offering core competencies in anti-corrosion coatings, insulation solutions, containment systems, leak detection systems, engineering support, field service, and custom fabrication. The Company engineers, designs, manufactures and sells specialty piping systems and leak detection systems. Its specialty piping systems include insulated and jacketed district heating and cooling piping systems for efficient energy distribution from central energy plants to multiple locations; primary and secondary containment piping systems for transporting chemicals, hazardous fluids and petroleum products; the coating and/or insulation of oil and gas gathering and transmission pipelines, and liquid and powder based anti-corrosion coatings applied both to the external and internal surfaces of steel pipe. The Company's leak detection systems are sold with its piping systems or on a stand-alone basis. |
| Financial Overview |
| For the fiscal year ended 31 January 2024, Perma-Pipe International Holdings Inc revenues increased 6% to $150.7M. Net income increased 76% to $10.5M. Revenues reflect Specialty Piping Systems and Coating-Input method segment increase of 16% to $52M, Specialty Piping Systems and Coating-Output method segment increase of 6% to $88.3M, Middle East segment increase of 27% to $63.9M, Other countries segment increase from $331K to $3M. |
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