Primech Holdings Ltd. (PMEC)

Primech Holdings Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Revenue	72.52	69.03	54.44	48.09	47.78
Revenue Growth (YoY)	5.07%	26.79%	13.21%	0.65%	-
Cost of Revenue	62.52	62.61	47.9	44.87	43.3
Gross Profit	10.01	6.42	6.54	3.22	4.47
Selling, General & Admin	15.49	12.78	11.17	8.08	4.91
Other Operating Expenses	-0.21	-0.27	-0.49	-0.04	-0.09
Operating Expenses	15.28	12.51	10.67	8.03	4.82
Operating Income	-5.27	-6.1	-4.13	-4.82	-0.35
Interest Expense	-1.15	-0.72	-0.37	-0.2	-0.23
EBT Excluding Unusual Items	-6.42	-6.82	-4.5	-5.02	-0.58
Impairment of Goodwill	-	-0.14	-	-	-
Asset Writedown	-	-	-	-	-0.12
Other Unusual Items	2.7	4.4	3.4	10.6	1.2
Pretax Income	-3.72	-2.56	-1.1	5.58	0.5
Income Tax Expense	-0.49	-0.01	0.16	0.22	0.19
Earnings From Continuing Operations	-3.22	-2.55	-1.26	5.36	0.31
Minority Interest in Earnings	-0.02	0.02	0.02	-	-
Net Income	-3.24	-2.53	-1.24	5.36	0.31
Net Income to Common	-3.24	-2.53	-1.24	5.36	0.31
Net Income Growth	-	-	-	1631.34%	-
Shares Outstanding (Basic)	34	33	33	31	25
Shares Outstanding (Diluted)	34	33	33	31	25
Shares Change (YoY)	4.40%	-	3.96%	24.70%	-
EPS (Basic)	-0.10	-0.08	-0.04	0.17	0.01
EPS (Diluted)	-0.10	-0.08	-0.04	0.17	0.01
EPS Growth	-	-	-	1288.42%	-
Free Cash Flow	-9.99	-5.19	2.51	2.51	1.27
Free Cash Flow Per Share	-0.29	-0.16	0.08	0.08	0.05
Gross Margin	13.80%	9.29%	12.02%	6.69%	9.36%
Operating Margin	-7.27%	-8.83%	-7.59%	-10.01%	-0.72%
Profit Margin	-4.47%	-3.67%	-2.28%	11.15%	0.65%
Free Cash Flow Margin	-13.78%	-7.52%	4.61%	5.22%	2.67%
EBITDA	-3.6	-4.16	-2.37	-3.26	0.88
EBITDA Margin	-4.97%	-6.02%	-4.35%	-6.77%	1.85%
D&A For EBITDA	1.67	1.94	1.76	1.56	1.23
EBIT	-5.27	-6.1	-4.13	-4.82	-0.35
EBIT Margin	-7.27%	-8.83%	-7.59%	-10.01%	-0.72%
Effective Tax Rate	-	-	-	3.93%	37.49%
Advertising Expenses	2.23	0.26	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.