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Perimeter Solutions reported a 44% increase in net sales for the fourth quarter, reaching $59.5 million, and a significant increase in Adjusted EBITDA, up 433% to $11.2 million. However, the net loss for the quarter was $13.2 million, or $(0.09) per diluted share.
Net sales increased 44% to $59.5 million compared to the prior year quarter.
Fire Safety sales increased 81% to $35.4 million compared to the prior year quarter.
Specialty Products sales increased 11% to $24.1 million compared to the prior year quarter.
Adjusted EBITDA increased 433% to $11.2 million compared to the prior year quarter.
Visualization of income flow from segment revenue to net income