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Greystone Logist Financials

GLGI
Source SEC Filings (10-K/10-Q) Updated Nov 30, 2025 Currency USD FYE May

This page shows Greystone Logist (GLGI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 44 / 100
Financial Profile 44/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
39

Greystone Logist has an operating margin of 7.4%, meaning the company retains $7 of operating profit per $100 of revenue. This results in a moderate score of 39/100, indicating healthy but not exceptional operating efficiency. This is down from 11.6% the prior year.

Growth
23

Greystone Logist's revenue declined 6.3% year-over-year, from $61.8M to $57.9M. This contraction results in a growth score of 23/100.

Leverage
93

Greystone Logist carries a low D/E ratio of 0.44, meaning only $0.44 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 93/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
29

Greystone Logist's current ratio of 1.64 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 29/100, which could limit financial flexibility.

Cash Flow
45

Greystone Logist has a free cash flow margin of 7.8%, earning a moderate score of 45/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
37

Greystone Logist's ROE of 11.8% shows moderate profitability relative to equity, earning a score of 37/100. This is down from 21.0% the prior year.

Altman Z-Score Distress
1.02

Greystone Logist scores 1.02, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Neutral
6/9

Greystone Logist passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed
4.38x

For every $1 of reported earnings, Greystone Logist generates $4.38 in operating cash flow ($10.3M OCF vs $2.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate
4.2x

Greystone Logist earns $4.2 in operating income for every $1 of interest expense ($4.3M vs $1.0M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue
$57.9M
YoY-6.3%
5Y CAGR-5.4%
10Y CAGR+10.0%

Greystone Logist generated $57.9M in revenue in fiscal year 2025. This represents a decrease of 6.3% from the prior year.

EBITDA
$10.1M
YoY-21.7%
5Y CAGR-3.6%
10Y CAGR+11.9%

Greystone Logist's EBITDA was $10.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 21.7% from the prior year.

Net Income
$2.4M
YoY-53.2%
5Y CAGR-13.9%
10Y CAGR+14.5%

Greystone Logist reported $2.4M in net income in fiscal year 2025. This represents a decrease of 53.2% from the prior year.

EPS (Diluted)
$0.07
YoY-53.3%
5Y CAGR-14.1%

Greystone Logist earned $0.07 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 53.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$4.5M
YoY-52.7%
5Y CAGR+14.1%
10Y CAGR+7.0%

Greystone Logist generated $4.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 52.7% from the prior year.

Cash & Debt
$1.5M
YoY-73.4%
5Y CAGR+6.4%
10Y CAGR+9.9%

Greystone Logist held $1.5M in cash against $8.8M in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
27M
YoY-3.3%
5Y CAGR-0.7%
10Y CAGR-0.0%

Greystone Logist had 27M shares outstanding in fiscal year 2025. This represents a decrease of 3.3% from the prior year.

Margins & Returns

Gross Margin
16.4%
YoY-2.6pp
5Y CAGR+1.3pp
10Y CAGR-1.7pp

Greystone Logist's gross margin was 16.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.6 percentage points from the prior year.

Operating Margin
7.4%
YoY-4.1pp
5Y CAGR-1.6pp
10Y CAGR-0.9pp

Greystone Logist's operating margin was 7.4% in fiscal year 2025, reflecting core business profitability. This is down 4.1 percentage points from the prior year.

Net Margin
4.1%
YoY-4.1pp
5Y CAGR-2.5pp
10Y CAGR+1.3pp

Greystone Logist's net profit margin was 4.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.1 percentage points from the prior year.

Return on Equity
11.8%
YoY-9.1pp
5Y CAGR-59.2pp

Greystone Logist's ROE was 11.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 9.1 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$607K

Greystone Logist spent $607K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures
$5.8M
YoY+105.4%
5Y CAGR-1.8%
10Y CAGR+19.2%

Greystone Logist invested $5.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 105.4% from the prior year.

GLGI Income Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Revenue $7.8M-27.6% $10.7M-40.2% $18.0M+25.4% $14.3M+18.0% $12.1M-9.8% $13.5M-9.0% $14.8M+5.8% $14.0M
Cost of Revenue $8.1M-22.0% $10.4M-28.2% $14.5M+25.2% $11.6M+7.7% $10.8M-6.9% $11.6M-4.7% $12.1M+0.1% $12.1M
Gross Profit -$350K-210.1% $318K-90.8% $3.5M+26.3% $2.7M+98.3% $1.4M-27.5% $1.9M-28.7% $2.7M+42.9% $1.9M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $1.3M-13.1% $1.5M+14.3% $1.4M-1.8% $1.4M+1.0% $1.4M-25.2% $1.8M+39.5% $1.3M+2.2% $1.3M
Operating Income -$1.7M-38.1% -$1.2M-158.2% $2.1M+54.5% $1.4M+6861.8% $20K-97.6% $825K-57.8% $2.0M+231.9% $589K
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax $138K+139.5% -$351K-150.2% $699K+260.1% $194K $0-100.0% $214K+162.2% -$344K-317.6% $158K
Net Income -$2.1M-87.8% -$1.1M-187.6% $1.3M+29.9% $966K+571.7% -$205K-161.0% $335K-83.4% $2.0M+578.2% $298K
EPS (Diluted) $-0.08-100.0% $-0.04 N/A $0.03+400.0% $-0.01-200.0% $0.01 N/A $0.01

GLGI Balance Sheet

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Total Assets $40.4M-7.5% $43.7M-5.0% $46.0M-7.5% $49.7M-1.7% $50.6M-1.8% $51.5M-1.4% $52.3M+1.4% $51.5M
Current Assets $6.9M-27.7% $9.5M-12.0% $10.8M-22.1% $13.9M+2.1% $13.6M-2.1% $13.9M-17.0% $16.8M+6.3% $15.8M
Cash & Equivalents $920K-60.7% $2.3M+51.4% $1.5M-59.3% $3.8M-22.4% $4.9M+25.9% $3.9M-33.0% $5.8M+34.2% $4.3M
Inventory $2.8M-19.0% $3.5M-0.3% $3.5M+9.2% $3.2M-9.0% $3.5M-5.9% $3.7M-3.9% $3.9M+28.9% $3.0M
Accounts Receivable N/A N/A N/A N/A N/A N/A N/A N/A
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $23.8M-4.8% $25.0M-4.2% $26.1M-5.7% $27.7M+3.5% $26.7M-2.2% $27.3M-3.3% $28.3M-3.9% $29.4M
Current Liabilities $5.9M-10.1% $6.6M-0.6% $6.6M-20.5% $8.3M+25.1% $6.6M+0.6% $6.6M-8.0% $7.2M-1.7% $7.3M
Long-Term Debt $7.6M-7.3% $8.2M-7.0% $8.8M-7.0% $9.5M-5.2% $10.0M-4.8% $10.5M-5.0% $11.1M-4.8% $11.6M
Total Equity $16.6M-11.1% $18.7M-6.1% $19.9M-9.8% $22.0M-7.5% $23.8M-1.4% $24.2M+0.8% $24.0M+8.5% $22.1M
Retained Earnings -$30.8M-7.2% -$28.7M-4.0% -$27.6M+4.3% -$28.9M+2.9% -$29.7M-1.2% -$29.4M+0.6% -$29.6M+6.0% -$31.4M

GLGI Cash Flow Statement

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Operating Cash Flow -$759K-139.8% $1.9M-20.2% $2.4M-16.2% $2.9M-3.1% $2.9M+40.1% $2.1M-32.7% $3.1M+102.4% $1.5M
Capital Expenditures $999K+126.1% $442K-36.0% $690K+27.4% $542K-54.3% $1.2M-64.5% $3.3M+338.6% $761K+9.5% $695K
Free Cash Flow -$1.8M-219.9% $1.5M-13.7% $1.7M-26.5% $2.3M+31.5% $1.8M+242.2% -$1.2M-152.3% $2.4M+178.6% $848K
Investing Cash Flow -$999K-126.1% -$442K N/A N/A -$1.2M+64.5% -$3.3M-338.6% -$761K-9.5% -$695K
Financing Cash Flow $339K+150.4% -$672K+83.2% -$4.0M-17.5% -$3.4M-353.6% -$751K-10.7% -$678K+23.1% -$883K-24.1% -$711K
Dividends Paid $0-100.0% $2K-96.7% $48K-64.9% $137K-5.4% $145K+50.2% $97K-67.2% $295K+101.1% $146K
Share Buybacks $0-100.0% $123K+102.9% $61K-88.9% $546K $0 $0 $0 N/A

GLGI Financial Ratios

Metric Q2'26 Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24
Gross Margin -4.5%-7.5pp 3.0%-16.3pp 19.3%+0.1pp 19.1%+7.7pp 11.4%-2.8pp 14.1%-3.9pp 18.0%+4.7pp 13.4%
Operating Margin -21.8%-10.4pp -11.4%-23.1pp 11.7%+2.2pp 9.5%+9.4pp 0.2%-6.0pp 6.1%-7.1pp 13.2%+9.0pp 4.2%
Net Margin -26.6%-16.3pp -10.2%-17.2pp 7.0%+0.2pp 6.8%+8.4pp -1.7%-4.2pp 2.5%-11.2pp 13.7%+11.5pp 2.1%
Return on Equity -12.4%-6.6pp -5.9%-12.2pp 6.3%+1.9pp 4.4%+5.2pp -0.9%-2.3pp 1.4%-7.0pp 8.4%+7.1pp 1.4%
Return on Assets -5.1%-2.6pp -2.5%-5.3pp 2.7%+0.8pp 1.9%+2.3pp -0.4%-1.0pp 0.7%-3.2pp 3.9%+3.3pp 0.6%
Current Ratio 1.17-0.3 1.45-0.2 1.64-0.0 1.67-0.4 2.05-0.1 2.11-0.2 2.34+0.2 2.16
Debt-to-Equity 0.46+0.0 0.440.0 0.44+0.0 0.43+0.0 0.42-0.0 0.44-0.0 0.46-0.1 0.53
FCF Margin -22.6%-36.3pp 13.7%+4.2pp 9.5%-6.7pp 16.2%+1.7pp 14.5%+23.7pp -9.2%-25.1pp 16.0%+9.9pp 6.1%

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Frequently Asked Questions

Greystone Logist (GLGI) reported $57.9M in total revenue for fiscal year 2025. This represents a -6.3% 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.

Greystone Logist (GLGI) revenue declined by 6.3% year-over-year, from $61.8M to $57.9M in fiscal year 2025.

Yes, Greystone Logist (GLGI) reported a net income of $2.4M in fiscal year 2025, with a net profit margin of 4.1%.

Greystone Logist (GLGI) reported diluted earnings per share of $0.07 for fiscal year 2025. This represents a -53.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Greystone Logist (GLGI) had EBITDA of $10.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Greystone Logist (GLGI) had $1.5M in cash and equivalents against $8.8M in long-term debt.

Greystone Logist (GLGI) had a gross margin of 16.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Greystone Logist (GLGI) had an operating margin of 7.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Greystone Logist (GLGI) had a net profit margin of 4.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Greystone Logist (GLGI) has a return on equity of 11.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Greystone Logist (GLGI) generated $4.5M in free cash flow during fiscal year 2025. This represents a -52.7% 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.

Greystone Logist (GLGI) generated $10.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Greystone Logist (GLGI) had $46.0M in total assets as of fiscal year 2025, including both current and long-term assets.

Greystone Logist (GLGI) invested $5.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Greystone Logist (GLGI) spent $607K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Greystone Logist (GLGI) had 27M shares outstanding as of fiscal year 2025.

Greystone Logist (GLGI) had a current ratio of 1.64 as of fiscal year 2025, which is generally considered healthy.

Greystone Logist (GLGI) had a debt-to-equity ratio of 0.44 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Greystone Logist (GLGI) had a return on assets of 5.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Greystone Logist (GLGI) has an Altman Z-Score of 1.02, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Greystone Logist (GLGI) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. 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 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Greystone Logist (GLGI) has an earnings quality ratio of 4.38x, 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.

Greystone Logist (GLGI) has an interest coverage ratio of 4.2x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Greystone Logist (GLGI) scores 44 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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