Exhibit 99.1 COMPANY: Perma-Pipe International Holdings, Inc. CONTACT: David Mansfield, CEO Perma-Pipe Investor Relations (847) 929-1200 investor@permapipe.com Perma-Pipe International Holdings, Inc. Announces Fourth Quarter and Fiscal 2024 Financial Results SPRING, TX, May 1, 2025 - Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the fourth quarter and 2024 fiscal year ended January 31, 2025. "Sales for the fourth quarter and full year 2024 show moderate growth ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Commission File No. 001-32530 Perma-Pipe International Holdings, Inc. (Exact name of registrant as specified in its charter) FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ____________ Secu ...

Shares of Perma-Pipe International Holdings, Inc. (PPIH) have gained 13% since the company reported its earnings for the quarter ended Oct. 31, 2024. This compares to the S&P 500 index’s 1.1% growth over the same time frame. Over the past month, the stock has gained 5.8% compared with the S&P 500’s 1.3% growth.For the third quarter of fiscal 2024, Perma-Pipe reported earnings per share of 31 cents compared with 24 cents in the prior-year quarter.Net sales of $41.6 million were down 9% compared to $45.7 mill ...

Unbilled accounts receivable The Company has recorded $19.7 million and $16.6 million of unbilled accounts receivable on the consolidated balance sheets as of October 31, 2024 and January 31, 2024, respectively, from revenues generated by certain of its subsidiaries. The Company has fulfilled all performance obligations and has recorded revenue under the respective contracts. The deliverables under these contracts have been accepted by the customer and billings will be made once the customer takes possessio ...

Sales Performance - The Company generated net sales of $41.6 million for the quarter, a decrease of $4.1 million, or 9%, compared to the same quarter last year[20] - Year-to-date net sales reached $113.4 million, representing an increase of $2.9 million, or 3%, compared to the same period last year[24] Net Income - Net income attributable to common stock for the quarter was $2.5 million, an increase of $0.6 million, or 29%, compared to $1.9 million in the third quarter of 2023[5] - Year-to-date net income attributable to common stock was $7.2 million, an increase of $5.4 million, or 294%, compared to $1.8 million in the same period last year[13] Gross Profit - Gross profit for the quarter was $14.1 million, or 34% of net sales, compared to $13.2 million, or 29% of net sales, in the same quarter last year[7] Backlog - The backlog as of October 31, 2024, was $114.2 million, compared to $68.5 million at January 31, 2024, indicating significant growth[1] Expenses - Selling expenses decreased to $1.2 million for the quarter, down from $1.5 million in the same quarter last year, due to lower payroll expenses[3] - General and administrative expenses for the quarter increased to $7.3 million, up from $5.7 million in the same quarter last year, primarily due to higher payroll expenses and professional fees[21] Tax Rate - The Company's effective tax rate (ETR) was 32% for the quarter, compared to 31% in the same quarter last year, reflecting changes in tax benefits recognition[9] Total Assets - Total assets increased to $160.7 million as of October 31, 2024, from $155.7 million at January 31, 2024[17]

Perma-Pipe International Holdings, Inc. (PPIH) reported a significant improvement in its financial performance for the second quarter of 2024. The company's net income attributable to common stock was $3.3 million, translating to earnings per share of 40 cents. This represents a substantial increase when compared to $1 million, or 13 cents per share in the second quarter of 2023. Revenue also saw a positive trend, with net sales amounting to $37.5 million for the quarter, up 7% from $35.1 million in the sam ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File No. 001-32530 Perma-Pipe International Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware ...

Exhibit 99.1 COMPANY: Perma-Pipe International Holdings, Inc. CONTACT: David Mansfield, President and CEO Perma-Pipe Investor Relations (847) 929-1200 investor@permapipe.com Perma-Pipe International Holdings, Inc. Announces its Second Quarter Financial Results • The Company generated net sales of $37.5 million for the quarter and $71.8 million year-to-date • Income (loss) before income taxes of $5.6 million for the quarter and $8.1 million year-to-date • Backlog of $75.5 million at July 31, 2024, compared t ...

Exhibit 99.1 COMPANY: Perma-Pipe International Holdings, Inc. CONTACT: David Mansfield, President and CEO Perma-Pipe Investor Relations (847) 929-1200 investor@permapipe.com Perma-Pipe International Holdings, Inc. Announces its First Quarter Fiscal 2024 Financial Results SPRING, TX, June 13, 2024 - Perma-Pipe International Holdings, Inc. (NASDAQ: PPIH) announced today financial results for the first quarter ended April 30, 2024. "Revenues for the first quarter were $34.3 million, an increase of $4.6 million ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File No. 001-32530 Perma-Pipe International Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware ...