For the quarter ending 2025-11-30, GLGI made $7,769,044 in revenue. -$2,064,095 in net income. Net profit margin of -26.57%.
| Income Statement | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 |
|---|---|---|---|---|
| Sales | 7,769,044 | 10,732,573 | 17,957,788 | 14,315,798 |
| Cost of sales | 8,119,543 | 10,414,230 | 14,500,741 | 11,577,980 |
| Gross profit | -350,499 | 318,343 | 3,457,047 | 2,737,818 |
| Selling, general and administrative expenses | 1,340,737 | 1,543,327 | 1,350,742 | 1,374,914 |
| Gain on involuntary conversions (note 4) | - | 0 | 0 | - |
| Operating income (loss) | -1,691,236 | -1,224,984 | 2,106,305 | 1,362,904 |
| Other income | 4,269 | 5,119 | 46,293 | 45,486 |
| Interest expense | 238,688 | 229,829 | 254,521 | 248,705 |
| Income (loss) before income taxes | -1,925,655 | -1,449,694 | 1,953,300 | 1,159,685 |
| Benefit (provision) for income taxes | 138,440 | -350,672 | 349,347.5 | 194,020 |
| Net income | - | - | - | 965,665 |
| Net income (loss) | -2,064,095 | -1,099,022 | 1,254,605 | - |
| Preferred dividends | 0 | 0 | 24,250 | 115,798 |
| Net income (loss) attributable to common stockholders | -2,064,095 | -1,099,022 | 1,230,355 | 849,867 |
| Basic (in dollars per share) | -0.08 | -0.04 | 0.04 | 0.03 |
| Basic (in shares) | 27,270,701 | 27,278,050 | -56,593,351 | 28,097,494 |
| Diluted (in dollars per share) | -0.08 | -0.04 | 0.04 | 0.03 |
| Diluted (in shares) | 27,270,701 | 27,774,105 | -57,088,930 | 28,592,593 |
GREYSTONE LOGISTICS, INC. (GLGI)
GREYSTONE LOGISTICS, INC. (GLGI)