Newest figures come from the 10-Q for Q3 FY2024, filed Nov 8, 2024. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PMHG SEC filings page.
PRIME MERIDIAN HLDG CO (PMHG) reported $31.7M in revenue over the twelve months to Sep 30, 2024, down 0.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Asset expansion continued, but a sharp funding-cost increase compressed earnings and made balance-sheet leverage central to operations.
Revenue edged up4.5% from FY2022 to FY2023, while interest expense nearly quadrupled, indicating that funding-cost pressure—not weaker top-line activity—drove the earnings reset. Net profit margin consequently fell from32.4% to27.9% , linking the financing shift to lower earnings efficiency.
Equity expanded
Operating cash flow fell from
Financial Health Signals
PRIME MERIDIAN HLDG CO does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
PRIME MERIDIAN HLDG CO passes 3 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, PRIME MERIDIAN HLDG CO generates $1.21 in operating cash flow ($10.5M OCF vs $8.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
PRIME MERIDIAN HLDG CO generated $8.5M in revenue in Q3 2024. This represents an increase of 10.2% from the same quarter a year earlier. Against the prior quarter it is up 7.0%.
PRIME MERIDIAN HLDG CO reported $2.6M in net income in Q3 2024. This represents an increase of 22.8% from the same quarter a year earlier. Against the prior quarter it is up 46.7%.
PRIME MERIDIAN HLDG CO earned $0.78 per diluted share (EPS) in Q3 2024. This represents an increase of 18.2% from the same quarter a year earlier. Against the prior quarter it is up 44.4%.
Not reported for Q3 2024.
Cash & Balance Sheet
PRIME MERIDIAN HLDG CO generated $2.6M in free cash flow in Q3 2024, representing cash available after capex. This represents a decrease of 40.1% from the same quarter a year earlier. Against the prior quarter it is up 10164.0%.
PRIME MERIDIAN HLDG CO paid $0.00 per share in dividends in Q3 2024.
Not reported for Q3 2024.
Margins & Returns
PRIME MERIDIAN HLDG CO's net profit margin was 30.7% in Q3 2024, showing the share of revenue converted to profit. This is up 3.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 8.3 percentage points.
PRIME MERIDIAN HLDG CO's ROE was 2.9% in Q3 2024, measuring profit generated per dollar of shareholder equity. This is up 0.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.8 percentage points.
Not reported for Q3 2024.
Not reported for Q3 2024.
Capital Allocation
PRIME MERIDIAN HLDG CO invested $15K in capex in Q3 2024, funding long-term assets and infrastructure. This represents a decrease of 68.8% from the same quarter a year earlier. Against the prior quarter it is down 58.3%.
Not reported for Q3 2024.
Not reported for Q3 2024.
PMHG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $8.5M+10.2% | $7.9M+1.3% | $7.6M-5.1% | $7.7M-6.5% | $7.7M-4.9% | $7.8M+9.4% | $8.0M+25.4% | $8.3M+32.5% |
| SG&A Expenses | $3.0M+5.1% | $3.0M+10.2% | $2.9M+4.1% | $2.8M-1.7% | $2.9M+21.0% | $2.7M+22.6% | $2.8M+27.4% | $2.9M+18.9% |
| Interest Expense | $4.8M+58.7% | $4.3M+86.8% | $3.9M+139.2% | $3.6M+198.6% | $3.0M+340.4% | $2.3M+411.2% | $1.6M+278.8% | $1.2M+137.7% |
| Income Tax | $835K+25.0% | $553K-22.4% | $603K-24.3% | $562K-32.7% | $668K-28.0% | $713K+26.0% | $797K+9.6% | $835K+94.6% |
| Net Income | $2.6M+22.8% | $1.8M-21.4% | $1.9M-22.8% | $1.8M-30.7% | $2.1M-25.1% | $2.3M+14.7% | $2.5M+11.6% | $2.6M+50.8% |
| EPS (Basic) | $0.79+19.7% | $0.54-23.9% | $0.59-25.3% | $0.56-33.3% | $0.66-26.7% | $0.71+14.5% | $0.79+11.3% | $0.84+50.0% |
| EPS (Diluted) | $0.78+18.2% | $0.54-22.9% | $0.59-24.4% | $0.55-32.9% | $0.66-25.8% | $0.70+12.9% | $0.78+9.9% | $0.82+46.4% |
| Diluted Shares (Avg) | 3M+2.7% | 3M+3.4% | 3M+2.8% | N/A | 3M+1.2% | 3M+0.4% | 3M+1.1% | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
PMHG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $931.6M+12.0% | $893.4M+8.8% | $862.7M+5.7% | $854.5M+4.8% | $832.0M0.0% | $821.0M-4.6% | $816.3M-5.8% | $815.2M-3.1% |
| Total Liabilities | $843.1M+11.3% | $809.9M+8.4% | $781.2M+5.1% | $774.6M+3.5% | $757.2M-1.5% | $746.9M-6.2% | $743.6M-7.1% | $748.1M-3.4% |
| Total Equity | $88.5M+18.3% | $83.5M+12.6% | $81.4M+12.1% | $80.0M+19.3% | $74.8M+17.0% | $74.2M+14.8% | $72.7M+10.5% | $67.1M0.0% |
| Retained Earnings | $52.7M+16.1% | $50.1M+15.8% | $48.3M+17.8% | $47.2M+26.7% | $45.4M+31.1% | $43.3M+36.1% | $41.0M+37.5% | $37.3M+32.4% |
Not reported in any period shown, so not listed: Current Assets, Cash & Equivalents, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
PMHG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $2.6M-40.5% | $61K-98.1% | $1.9M+345.7% | $3.8M-52.3% | $4.3M-26.9% | $3.2M+205.1% | -$792K-129.4% | $7.9M+1741.4% |
| Depreciation & Amortization | $169K-6.6% | $176K-1.1% | $180K-0.6% | $184K+2.8% | $181K+2.3% | $178K+7.2% | $181K+12.4% | $179K-1.1% |
| Stock-Based Compensation | N/A | N/A | $119K+43.4% | N/A | N/A | N/A | $83K+13.7% | N/A |
| Capital Expenditures | $15K-68.8% | $36K+16.1% | $110K+111.5% | $47K+46.9% | $48K-59.3% | $31K-93.7% | $52K-50.0% | $32K-74.4% |
| Free Cash Flow | $2.6M-40.1% | $25K-99.2% | $1.8M+317.5% | $3.7M-52.7% | $4.3M-26.2% | $3.2M+462.8% | -$844K-132.6% | $7.9M+2485.6% |
| Investing Cash Flow | $9.5M+168.9% | -$1.3M+83.7% | -$14.6M-4.1% | -$13.7M+33.1% | -$13.7M+60.8% | -$8.1M+91.7% | -$14.0M+48.9% | -$20.4M+17.4% |
| Financing Cash Flow | $33.6M+236.9% | $28.7M+630.5% | $7.7M+438.1% | $15.9M+167.0% | $10.0M+134.3% | $3.9M+225.6% | -$2.3M-109.1% | -$23.7M-152.6% |
| Dividends Paid | $0 | $0 | $818K+17.2% | $0 | $0 | $0 | $698K+23.1% | $0 |
Not reported in any period shown, so not listed: Share Buybacks.
PMHG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 30.7%+3.1pp | 22.4%-6.5pp | 25.4%-5.8pp | 23.6%-8.2pp | 27.6%-7.4pp | 28.9%+1.4pp | 31.3%-3.9pp | 31.9%+3.9pp |
| Return on Equity | 2.9%+0.1pp | 2.1%-0.9pp | 2.4%-1.1pp | 2.3%-1.6pp | 2.8%-1.6pp | 3.0%0.0pp | 3.4%0.0pp | 3.9%+1.3pp |
| Return on Assets | 0.3%0.0pp | 0.2%-0.1pp | 0.2%-0.1pp | 0.2%-0.1pp | 0.3%-0.1pp | 0.3%0.0pp | 0.3%+0.1pp | 0.3%+0.1pp |
| Debt-to-Equity | 9.53-0.6x | 9.70-0.4x | 9.59-0.6x | 9.68-1.5x | 10.12-1.9x | 10.07-2.3x | 10.23-1.9x | 11.16-0.4x |
| Asset Turnover | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x | 0.010.0x |
| FCF Margin | 30.3%-25.5pp | 0.3%-40.5pp | 24.2%+34.8pp | 48.1%-47.0pp | 55.8%-16.1pp | 40.8%+32.9pp | -10.6%-51.2pp | 95.2%+90.3pp |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
Where PRIME MERIDIAN HLDG CO Ranks
Frequently Asked Questions
What is PRIME MERIDIAN HLDG CO's annual revenue?
PRIME MERIDIAN HLDG CO (PMHG) reported $31.2M in total revenue for fiscal year 2023. This represents a 4.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is PRIME MERIDIAN HLDG CO's revenue growing?
PRIME MERIDIAN HLDG CO (PMHG) revenue grew by 4.5% year-over-year, from $29.9M to $31.2M in fiscal year 2023.
Is PRIME MERIDIAN HLDG CO profitable?
Yes, PRIME MERIDIAN HLDG CO (PMHG) reported a net income of $8.7M in fiscal year 2023, with a net profit margin of 27.9%.
What is PRIME MERIDIAN HLDG CO's net profit margin?
PRIME MERIDIAN HLDG CO (PMHG) had a net profit margin of 27.9% in fiscal year 2023, representing the share of revenue converted into profit after all expenses.
What is PRIME MERIDIAN HLDG CO's return on equity (ROE)?
PRIME MERIDIAN HLDG CO (PMHG) has a return on equity of 10.9% for fiscal year 2023, measuring how efficiently the company generates profit from shareholder equity.
What is PRIME MERIDIAN HLDG CO's free cash flow?
PRIME MERIDIAN HLDG CO (PMHG) generated $10.4M in free cash flow during fiscal year 2023. This represents a -38.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is PRIME MERIDIAN HLDG CO's operating cash flow?
PRIME MERIDIAN HLDG CO (PMHG) generated $10.5M in operating cash flow during fiscal year 2023, representing cash generated from core business activities.
What are PRIME MERIDIAN HLDG CO's total assets?
PRIME MERIDIAN HLDG CO (PMHG) had $854.5M in total assets as of fiscal year 2023, including both current and long-term assets.
What are PRIME MERIDIAN HLDG CO's capital expenditures?
PRIME MERIDIAN HLDG CO (PMHG) invested $178K in capital expenditures during fiscal year 2023, funding long-term assets and infrastructure.
What is PRIME MERIDIAN HLDG CO's debt-to-equity ratio?
PRIME MERIDIAN HLDG CO (PMHG) had a debt-to-equity ratio of 9.68 as of fiscal year 2023, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is PRIME MERIDIAN HLDG CO's return on assets (ROA)?
PRIME MERIDIAN HLDG CO (PMHG) had a return on assets of 1.0% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.
What is PRIME MERIDIAN HLDG CO's Piotroski F-Score?
PRIME MERIDIAN HLDG CO (PMHG) has a Piotroski F-Score of 3 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are PRIME MERIDIAN HLDG CO's earnings high quality?
PRIME MERIDIAN HLDG CO (PMHG) has an earnings quality ratio of 1.21x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.