Primech Holdings Ltd. (PMEC)

NASDAQ: PMEC · Real-Time Price · USD
0.680
-0.042 (-5.80%)
Dec 20, 2024, 4:00 PM EST - Market closed
-5.80%
Market Cap 25.88M
Revenue (ttm) 72.52M
Net Income (ttm) -3.24M
Shares Out 38.05M
EPS (ttm) -0.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 32,906
Open 0.700
Previous Close 0.722
Day's Range 0.680 - 0.720
52-Week Range 0.490 - 4.150
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 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...

2 days 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 ...

23 days 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...

5 weeks 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...

6 weeks 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...

2 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...

3 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...

5 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...

7 months ago - GlobeNewsWire

Primech Holdings Limited Engages Strategic Investor Relations to Enhance Investor Communications and Engagement

SINGAPORE, May 01, 2024 (GLOBE NEWSWIRE) -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facilities services provider in the public and privat...

8 months ago - GlobeNewsWire

Primech Holdings Limited Provides Financial Updates and Corporate Highlights For the Six Months Ended September 30, 2023

SINGAPORE, March 28, 2024 /PRNewswire/ -- Primech Holdings Limited (Nasdaq: PMEC) ("Primech" or the "Company"), an established technology-driven facilities services provider in the public and private ...

9 months ago - PRNewsWire

U.S. IPO Weekly Recap: Birkenstock Missteps In Public Debut

Five companies priced IPOs this week, led by Birkenstock's $1.5 billion offering. Three small issuers submitted initial filings. Birkenstock priced its IPO just below the midpoint to raise $1.5 billio...

1 year ago - Seeking Alpha

PRIMECH HOLDINGS LTD. Announces Pricing of US12.2 Million Initial Public Offering

Singapore, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Primech Holdings Ltd.. (the “Company” or “PRIMECH”), an established technology-driven facilities services provider in the public and private sectors operat...

1 year ago - GlobeNewsWire