Primech Holdings Ltd. (PMEC)

NASDAQ: PMEC · Real-Time Price · USD
1.310
-0.060 (-4.38%)
Jun 4, 2025, 1:49 PM - Market open
-4.38%
Market Cap 50.33M
Revenue (ttm) 74.31M
Net Income (ttm) -4.65M
Shares Out 38.42M
EPS (ttm) -0.13
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 24,050
Open 1.330
Previous Close 1.370
Day's Range 1.310 - 1.400
52-Week Range 0.490 - 1.400
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Dec 31, 2024

About PMEC

Primech Holdings Ltd. provides facilities and stewarding services in the public and private sectors in Singapore. Its facilities services include educational institutions cleaning, airport cleaning, and conservancy areas cleaning services, as well as offers cleaning of hotels, public spaces, roads, condominium, office, industrial, and retail stores. The company offers housekeeping services; specialized cleaning services, including marble polishing, building façade cleaning, and clean room sanitation services; and waste management and pest contr... [Read more]

Sector Industrials
IPO Date Oct 10, 2023
Employees 2,744
Stock Exchange NASDAQ
Ticker Symbol PMEC
Full Company Profile

Financial Performance

In 2023, Primech Holdings's revenue was $72.52 million, an increase of 5.07% compared to the previous year's $69.03 million. Losses were -$3.24 million, 27.9% more than in 2022.

Financial Statements

News

Primech AI Signs Lease Agreement with Leading Facilities Management Leader for HYTRON LITE Robot Deployment at One of Singapore's Largest Hospitals

SINGAPORE, June 03, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the signing of a two-year le...

1 day ago - GlobeNewsWire

Primech A&P Secures New Contracts and Extensions Worth Over $2.6 Million for Q1 2025

SINGAPORE, May 28, 2025 (GLOBE NEWSWIRE) -- Primech A & P, a subsidiary of Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the p...

7 days ago - GlobeNewsWire

Primech Regains Compliance with Nasdaq's Minimum Bid Price Requirement

SINGAPORE, May 14, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited ("Primech" or the "Company") (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private ...

21 days ago - GlobeNewsWire

Primech AI Plans Production of 300 HYTRON Robots through its China Manufacturing Expansion

SINGAPORE, May 08, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced a significant expansion of it...

27 days ago - GlobeNewsWire

Primech Holdings Announces Share Repurchase Program

SINGAPORE, May 01, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors opera...

4 weeks ago - GlobeNewsWire

Primech AI Secures Foothold in Europe's Rapidly Growing €10+ Billion Service Robotics Market Through Strategic Partnership with TCOrobotics GmbH

SINGAPORE, April 29, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced its strategic entry into th...

5 weeks ago - GlobeNewsWire

Primech AI Showcases HYTRON Cleaning Technology at Global Innovation Summit 2025 in Germany

SINGAPORE, April 22, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), recently participated in the prestigious Gl...

6 weeks ago - GlobeNewsWire

Primech A&P Transforms Facility Services Industry with AI, Innovation, and Sustainable Growth

( Joshua Quek and Edmund Tan, Operations Managers of Primech A & P) SINGAPORE, April 14, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-dr...

7 weeks ago - GlobeNewsWire

Primech Holdings Limited Provides Financial Updates and Corporate Highlights For the Six Months Ended September 30, 2024

SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facilities services provider in the public and private sectors o...

2 months ago - GlobeNewsWire

Primech AI Launches Hytron Lite Smart Cleaning Robot — Optimized for Narrow Spaces and Speed

SINGAPORE, March 18, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the launch of its latest in...

2 months ago - GlobeNewsWire

Primech A&P Joins SIFMA, Strengthening Commitment to Industry Excellence, Innovation, and Sustainable Facility Management Services

SINGAPORE, March 11, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (the “Company”) (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors ope...

3 months ago - GlobeNewsWire

Primech AI Launches Global Robotics as a Service (RaaS) Initiative with Chinachem Group Partnership

SINGAPORE, March 04, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI") or (the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), is proud to announce the launch of its in...

3 months ago - GlobeNewsWire

Primech AI Joins The GEAR Community Access Programme to Accelerate Innovation in Robotics and Built Environment Technologies

SINGAPORE, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI" or the “Company”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced its acceptance into The GEAR...

3 months ago - GlobeNewsWire

Primech AI Signs Three Pilot Program Agreements with Leading Singapore Cleaning Companies for HYTRON Cleaning Robot

Continues Momentum with Deployment of Fully Autonomous AI-Powered Commercial Cleaning Robots Continues Momentum with Deployment of Fully Autonomous AI-Powered Commercial Cleaning Robots

4 months ago - GlobeNewsWire

Primech A&P Honored with Prestigious ASEAN Cleaning Excellence Award

(Doris Lee of Primech A&P proudly receives the award on stage for exemplary management and outstanding upkeep of Newton Food Centre's public facilities)

4 months ago - GlobeNewsWire

Primech AI Enhances HYTRON with NVIDIA Technology Components to Boost Robotics Performance

SINGAPORE, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. (“Primech AI”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), today announced the integration of advanced NVIDIA technology...

4 months ago - GlobeNewsWire

Primech A&P Secures Over $3.8 Million in Contracts Across Various Sectors

SINGAPORE, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in ...

5 months ago - GlobeNewsWire

Primech AI Partners with Leading Japanese Hotel Group to Launch HYTRON

Revolutionizing Cleanliness with Fully Automated AI-Powered Cleaning Robotic Solutions in Japan SINGAPORE, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd. ("Primech AI"), a subsidiary of Primec...

5 months ago - GlobeNewsWire

Primech Holdings Receives NASDAQ Minimum Bid Price Requirement Extension

SINGAPORE, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC), an established technology-driven facility services provider in the public and private sectors operating mainly in ...

6 months ago - GlobeNewsWire

Primech AI, a Subsidiary of Primech Holdings, Unveils Ambitious Future Plans for its Innovative Toilet Cleaning Robot, HYTRON

SINGAPORE, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Primech AI Pte. Ltd., a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), unveiled its strategic expansion plans for HYTRON, its AI-powered public toi...

7 months ago - GlobeNewsWire

Primech Holdings and Primech AI Forge Strategic Partnerships with Unity Group for Advanced Energy and Robotics Solutions

SINGAPORE, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company") and its subsidiary, Primech AI, are pleased to announce new strategic partnerships wit...

7 months ago - GlobeNewsWire

Primech Secures Major New Contracts, Paving the Way for Future Growth

Total Value Exceeding SG$5.6 million (US$4.3 million) SINGAPORE, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-drive...

8 months ago - GlobeNewsWire

Primech Holdings Subsidiary Nominated as a Finalist for the Singapore Apex Corporate Sustainability Awards

SINGAPORE, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facility services provider in the public and privat...

9 months ago - GlobeNewsWire

Primech Holdings Reports 5.1% Increase in Revenue, $144.4 Million in Future Contracted Revenues Guidance

SINGAPORE, July 24, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facilities services provider in the public and priva...

11 months ago - GlobeNewsWire

Primech Holdings Limited Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency

SINGAPORE, May 17, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facilities services provider in the public and privat...

1 year ago - GlobeNewsWire