Chris Fidyk's questions to Perimeter Solutions, Inc. (PRM) leadership • Q4 2024
Question
Chris Fidyk of Pacific Asset Management asked for clarification on cash tax fluctuations in the cash flow statement and inquired about long-term guidance for free cash flow conversion from adjusted net income.
Answer
CFO Kyle Sable confirmed that fluctuations in deferred and cash taxes were related to the company's redomiciliation and timing. Regarding free cash flow conversion, Sable declined to provide a specific ratio but directed investors to the earnings presentation, which provides a detailed framework for converting adjusted EBITDA to free cash flow.