For the quarter ending 2025-09-30, PAL made $228,209,849 in revenue. -$3,019,686 in net income. Net profit margin of -1.32%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Total operating revenue | 114,294,804 | 115,546,586 | - | - |
| Salaries, wages and benefits | 22,341,396 | 22,456,693 | - | - |
| Stock-based compensation | 1,870,211 | 1,221,497 | - | - |
| Fuel and fuel taxes | 6,497,935 | 6,779,856 | - | - |
| Income tax (benefit) expense | - | - | -694,219 | -327,782 |
| Purchased transportation | 56,851,258 | 58,948,018 | - | - |
| Fuel and fuel taxes | - | - | 3,390,929.333 | 5,956,074 |
| Truck expenses | 6,739,370 | 6,438,424 | - | - |
| Stock-based compensation | - | - | 568,173 | 1,071,160 |
| Depreciation | 7,718,519 | 7,646,980 | - | - |
| General, selling, and other operating expenses | - | - | 2,097,361.5 | 4,467,362 |
| Intangible amortization | 2,454,641 | 2,454,641 | - | - |
| Salaries, wages and benefits | - | - | 11,410,181.25 | - |
| Gain on sale of equipment | 52,597 | 235,095 | - | - |
| Insurance premiums and claims | 5,405,410 | 5,382,512 | 3,092,354.5 | 5,459,075 |
| Gain on sale of equipment | - | - | 22,250 | 107,491 |
| General, selling, and other operating expenses | 4,569,409 | 4,327,702 | - | - |
| Depreciation | - | - | 3,924,756.25 | - |
| Total operating expenses | 114,395,552 | 115,421,228 | - | - |
| Intangible amortization | - | - | 1,164,092.333 | 2,217,083 |
| Operating loss | -100,748 | 125,358 | - | - |
| Depreciation, depletion and amortization, nonproduction | - | - | - | 6,566,444 |
| Interest expense | 1,682,501 | 1,837,876 | - | - |
| General and administrative expense | - | - | - | 5,692,078 |
| Truck expenses | - | - | 3,238,057.25 | - |
| Acquisition costs | 94,738 | 274,705 | - | - |
| Employee benefits and share-based compensation | - | - | - | 17,373,659 |
| Purchased transportation | - | - | 19,405,910.583 | 44,995,562 |
| Restructuring charges | 1,901,103 | - | - | - |
| Total operating expenses | - | - | 48,269,566 | 93,691,006 |
| Other income, net | 113,150 | 105,069 | - | - |
| Total operating revenue | - | - | 46,720,214.5 | 91,505,501 |
| Total other income (expense), net | -3,565,192 | -2,007,512 | - | - |
| Operating (loss) income | - | - | -1,549,351.5 | -2,185,505 |
| Loss before income taxes | -3,665,940 | -1,882,154 | - | - |
| Other income, net | - | - | 465,114 | -146,151 |
| Interest expense | - | - | 781,268.333 | 1,407,146 |
| Acquisition costs | - | - | 59,115 | 1,049,570 |
| Adjustment of earn out contingency | - | - | 0 | -3,095,114 |
| Total other expense, net | - | - | -773,452.667 | 492,247 |
| (loss) income before income taxes | - | - | -2,473,167.5 | -1,693,258 |
| Income tax (benefit) expense-Predecessor | - | -325,321 | - | - |
| Income tax (benefit) expense | -646,254 | - | - | - |
| Net (loss) income | - | - | -1,778,948.5 | -1,365,476 |
| Net loss | -3,019,686 | -1,556,833 | - | - |
| Basic eps | - | - | -0.09 | -0.05 |
| Diluted eps | - | - | -0.09 | -0.05 |
| Basic average shares | - | - | -11,774,995.5 | 26,495,108 |
| Diluted average shares | - | - | -11,774,995.5 | 26,495,108 |
| Basic (in dollars per share) | -0.11 | -0.06 | - | - |
| Basic (in shares) | 27,796,148 | 27,611,515 | - | - |
| Diluted (in dollars per share) | -0.11 | -0.06 | - | - |
| Diluted (in shares) | 27,796,148 | 27,611,515 | - | - |
Proficient Auto Logistics, Inc (PAL)
Proficient Auto Logistics, Inc (PAL)