Perma-Pipe International Holdings, Inc. (PPIH)

PPIH Cash Flow Statement

Financials in millions USD. Fiscal year is February - January.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Net Income	18.6	13.09	13.21	5.95	6.06	-7.64
Depreciation & Amortization	3.82	3.63	3.83	3.65	4.32	4.74
Stock-Based Compensation	2.24	0.86	0.91	1	1.1	1.04
Other Adjustments	2.69	1.91	-6.84	0.93	-0.13	-0.54
Change in Receivables	-25.98	-0.52	-9.91	-13.05	-21.68	2.84
Changes in Inventories	-3.67	-1.82	-0.83	-0.97	-1.62	2.42
Changes in Accounts Payable	10.75	-1.17	8.81	1.09	3.2	0.73
Changes in Accrued Expenses	1.89	1.53	-1.14	0.07	2.09	-1.6
Changes in Income Taxes Payable	0.9	-	0.14	0.45	0.96	0.21
Changes in Unearned Revenue	9.61	-1.64	2.32	-0.34	0.99	-0.12
Changes in Other Operating Activities	1.14	-1.95	4.23	-0.02	2.14	-1.93
Operating Cash Flow	21.99	13.93	14.73	-1.24	-2.57	0.17
Operating Cash Flow Growth	57.87%	-5.45%	-	-	-	-95.97%
Capital Expenditures	-9.73	-2.88	-11.11	-6.98	-2.26	-1.96
Sale of Property, Plant & Equipment	-	0.03	0.01	0.59	0.01	0
Investing Cash Flow	-9.7	-2.85	-11.1	-6.38	-2.25	-1.96
Short-Term Debt Issued	86.1	76.34	155.71	96.9	23.11	40.02
Short-Term Debt Repaid	-83.24	-76.54	-157	-91.44	-22.64	-43.19
Net Short-Term Debt Issued (Repaid)	2.86	-0.2	-1.29	5.47	0.47	-3.17
Long-Term Debt Issued	-	-	-	-	9.56	0.02
Long-Term Debt Repaid	-0.43	-0.58	-0.55	-0.69	-1.65	-0.8
Net Long-Term Debt Issued (Repaid)	-0.43	-0.58	-0.55	-0.69	7.91	-0.78
Issuance of Common Stock	-0.51	-0.18	-0.27	-0.21	-0.21	-0.19
Repurchase of Common Stock	-	-	-0.94	-0.07	-1.99	-
Net Common Stock Issued (Repurchased)	-0.51	-0.18	-1.22	-0.28	-2.2	-0.19
Other Financing Activities	0.14	0.05	-0.2	0.04	0.06	-
Financing Cash Flow	1.86	-0.91	-3.26	4.54	6.23	-4.14
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.24	-0.3	0.07	0.1	-0.01	-0.34
Net Cash Flow	13.92	9.88	0.45	-2.98	1.4	-6.28
Free Cash Flow	12.27	11.05	3.63	-8.22	-4.84	-1.8
Free Cash Flow Growth	10.99%	204.91%	-	-	-	-
FCF Margin	6.11%	6.98%	2.41%	-5.76%	-3.49%	-2.12%
Free Cash Flow Per Share	1.51	1.38	0.45	-1.01	-0.58	-0.22
Levered Free Cash Flow	31.03	3.92	14.88	7.68	24.26	-9.1
Unlevered Free Cash Flow	34.43	10.1	24.09	3.89	15.72	-8.69

Updated Oct 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q