glgi: the income statement

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GREYSTONE LOGISTICS, INC. (GLGI)

For the year ending 2025-05-31, GLGI made $57,869,480 in revenue. $1,922,297 in net income. Net profit margin of 3.32%.

Overview

Revenue
$57,869,480
Net Income
$1,922,297
Net Profit Margin
3.32%
EPS
$0.07
Unit: Dollar

Unit: Dollar

	2025-05-31
Sales	57,869,480
Cost of sales	48,391,187
Gross profit	9,478,293
Gain on involuntary conversion (see note 4)	741,821
Selling, general and administrative expenses	5,906,804
Operating income	4,313,310
Interest expense	1,018,084
Other income	162,249
Income before income taxes	3,457,475
Provision for income taxes	1,106,465
Net income	2,351,010
Preferred dividends	428,713
Net income attributable to common stockholders	1,922,297

Basic (in dollars per share)	0.07
Diluted (in dollars per share)	0.07
Us-gaap_weightedaveragenumberofdilutedsharesoutstanding	28,559,360
Weighted-average shares outstanding - basic (in shares)	28,063,545

Unit: Dollar

Income Statement

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