Primech Holdings LtdPrimech Holdings Ltd
Primech Holdings Ltd

Primech Holdings Ltd

PMEC
Consumer Discretionary·Diversified Consumer Services

Primech Holdings Ltd. engages in the provision of commercial cleaning solutions. It operates through the following two main segments: Commercial Cleaning Services and Robotics. The Commercial Cleaning Services segment encompasses facilities and stewarding services, providing cleaning solutions for conservancy areas, educational institutions, airports, and other facilities, while also offering waste management, pest control, and landscaping services. The Robotics segment supplements the provision of facilities services by utilizing a fleet of cleaning robots for autonomous cleaning technology in commercial and institutional facilities. The company was founded on December 29, 2020 and is headquartered in Singapore.

Singapore
Market cap
No dataNo data
Revenue
$78M+4.9% YoY
Net income
$-2.4M−25.5% YoY
Free cash flow
$-5.7M−190.1% YoY

Market

Listed stock
PMECPriceNasdaq
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Financial performance

Revenue
$78M+4.9% YoY
Operating income
$-2M−109.5% YoY
Net income
$-2.4M−25.5% YoY
Free cash flow
$-5.7M−190.1% YoY

Revenue, profit & cash trend

Revenue
Operating income
Net income
Free cash flow
Reference
Revenue: 2022 $54.4M, 2023 $69M, 2024 $72.5M, 2025 $74.3M, 2026 $78M. Operating income: 2022 $-729.7K, 2023 $-1.8M, 2024 $-2.8M, 2025 $-948K, 2026 $-2M. Net income: 2022 $-1.2M, 2023 $-2.5M, 2024 $-3.2M, 2025 $-1.9M, 2026 $-2.4M. Free cash flow: 2022 $3.1M, 2023 $-4.3M, 2024 $-10M, 2025 $6.3M, 2026 $-5.7M. Reference line: Reference at $0.

Growth & profitability

Revenue growth
4.9%+241 bps YoY
Gross margin
No dataNo data
Operating margin
No dataNo data
FCF margin
No dataNo data

Earnings power over time

Operating income
Net income
Free cash flow
Operating income: 2022-03-31 $-729.7K, 2023-03-31 $-1.8M, 2024-03-31 $-2.8M, 2025-03-31 $-948K, 2026-03-31 $-2M. Net income: 2022-03-31 $-1.2M, 2023-03-31 $-2.5M, 2024-03-31 $-3.2M, 2025-03-31 $-1.9M, 2026-03-31 $-2.4M. Free cash flow: 2022-03-31 $3.1M, 2023-03-31 $-4.3M, 2024-03-31 $-10M, 2025-03-31 $6.3M, 2026-03-31 $-5.7M

Growth heatmap

2023202420252026CAGR
Revenue
+26.8%
+5.1%
+2.5%
+4.9%
+9.4%
Gross profit
+7.8%
+18.8%
+39.0%
-24.0%
+7.8%
Operating income
-151.3%
-51.7%
+65.9%
-109.5%
No data
Free cash flow
-237.2%
-131.4%
+162.9%
-190.1%
No data

Earnings quality

Operating cash flow
$-3.9M−153.2% YoY
Net income
$-2.4M−25.5% YoY
Free cash flow
$-5.7M−190.1% YoY
Diluted EPS
No dataNo data

Cash conversion quality

Operating cash flow
Free cash flow
Net income = 100%
Operating cash flow: 2026-03-31 161%, 2025-03-31 -380%, 2024-03-31 280%, 2023-03-31 126%, 2022-03-31 -410%. Free cash flow: 2026-03-31 232%, 2025-03-31 -324%, 2024-03-31 308%, 2023-03-31 170%, 2022-03-31 -254%. Reference line: Net income = 100% at 100%.

Per-share economics

Diluted EPS
Latest
No data
FCF / share
Latest
No data
Diluted shares
Latest
No data

Financial flexibility

Cash & equivalents
No dataNo data
Total debt
No dataNo data
Net debt
No dataNo data
Current ratio
No dataNo data

Cash Coverage of Debt

Cash / Total debt
No data

Returns

Return on equity
No dataNo data
Return on assets
No dataNo data
Return on invested capital
No dataNo data
Asset turnover
No dataNo data

Return on capital

No data

Valuation

Price to earnings
No dataNo data
Price to sales
No dataNo data
EV / EBITDA
No dataNo data
Free cash flow yield
No dataNo data

Valuation vs its own 5Y history

Metric
Own five-year range
Current
Own 5Y median
Position in own range
Price to earnings
No data
No data
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Price to sales
No data
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EV / EBITDA
No data
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Free cash flow yield
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