For the quarter ending 2026-02-28, GLGI made $3,471,399 in revenue. -$2,802,078 in net income. Net profit margin of -80.72%.
| Income Statement | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 |
|---|---|---|---|---|
| Sales | 3,471,399 | 7,769,044 | 10,732,573 | 17,957,788 |
| Cost of sales | 4,930,543 | 8,119,543 | 10,414,230 | 14,500,741 |
| Gross profit | -1,459,144 | -350,499 | 318,343 | 3,457,047 |
| Selling, general and administrative expenses | 1,202,930 | 1,340,737 | 1,543,327 | 1,350,742 |
| Loss on involuntary conversions (note 4) | - | - | 0 | 0 |
| Operating income (loss) | -2,662,074 | -1,691,236 | -1,224,984 | 2,106,305 |
| Other income | 3,012 | 4,269 | 5,119 | 46,293 |
| Interest expense | 243,956 | 238,688 | 229,829 | 199,298 |
| Income (loss) before income taxes | -2,903,018 | -1,925,655 | -1,449,694 | 1,953,300 |
| Benefit (provision) for income taxes | -100,940 | 138,440 | -350,672 | 698,695 |
| Net income (loss) | -2,802,078 | -2,064,095 | -1,099,022 | 1,254,605 |
| Preferred dividends | 0 | 0 | 0 | 24,250 |
| Net income (loss) attributable to common stockholders | -2,802,078 | -2,064,095 | -1,099,022 | 1,230,355 |
| Basic EPS | -0.1 | -0.08 | -0.04 | 0.045 |
| Diluted EPS | -0.1 | -0.08 | -0.04 | 0.043 |
| Basic Average Shares | 27,270,701 | 27,270,701 | 27,278,050 | 27,597,284 |
| Diluted Average Shares | 27,270,701 | 27,270,701 | 27,774,105 | 28,589,150 |