GREYSTONE LOGISTICS, INC. (GLGI)
Greystone Logistics, Inc., through its subsidiaries, manufactures and markets plastic pallets and pelletized recycled plastic resins in the United States. It offers rackable, can, nestable, display, monoblock, half-barrel and slim keg stackable, drum, and mid duty pallets. The company sells its pallets through a network of independent contractor, distributors, and direct sales. It serves the food, chemical, pharmaceutical, beverage and dairy industries. The company was formerly known as PalWeb Corporation and changed its name to Greystone Logistics, Inc. in March 2005. Greystone Logistics, Inc. was incorporated in 1969 and is based in Tulsa, Oklahoma.
Sector: Special Industry Machinery, NEC
Industry: Manufacturing - Miscellaneous
Greystone Logistics, Inc.
OTC:GLGIIndustrials · Manufacturing - Miscellaneous
+9.50%$0.2190
Mkt Cap$5.97M
Float14.3M
O/S27.27M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$27.54M
Net Income-$8.24M
Total Assets$37.36M
Free Cash Flow-$3.46M
Debt & Equity
Debt 62%
Equity 38%
Total Debt$18.53M
Total Equity$11.52M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in GLGI's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$37.36M
Liabilities$25.84M
Accounts Receivable$3M
Accounts Payable$2.27M
Inventory$2.69M
PP&E (Net)$25.84M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 | 2013-05-31 | 2012-05-31 | 2011-05-31 | 2010-05-31 | 2009-05-31 | 2008-05-31 | 2007-05-31 | 2006-05-31 | 2005-05-31 | 2004-05-31 | 2003-05-31 | 2002-05-31 | 2001-05-31 | 2000-05-31 |
| Revenue | $27.54M | $57.87M | $61.78M | $60.76M | $74.17M | $64.93M | $76.2M | $71.08M | $48.61M | $40.04M | $26.34M | $22.29M | $23.45M | $24.09M | $24.19M | $20.5M | $16.23M | $16.69M | $21.08M | $12.45M | $15.96M | $9.31M | $6.96M | $1.28M | $93K | $289K | $111K |
| YoY Growth | -52.4% | -6.3% | 1.7% | -18.1% | 14.2% | -14.8% | 7.2% | 46.2% | 21.4% | 52.0% | 18.2% | -4.9% | -2.6% | -0.4% | 18.0% | 26.3% | -2.8% | -20.8% | 69.3% | -21.9% | 71.5% | 33.6% | 443.7% | 1278.0% | -67.9% | 161.2% | - |
| Cost of Revenue | $29.25M | $48.39M | $50.07M | $51.43M | $66.4M | $53.47M | $64.72M | $62.84M | $41.57M | $32.57M | $21.59M | $18.27M | $18.11M | $18.83M | $18.98M | $18.36M | $13.15M | $13.13M | $17.23M | $11.59M | $15.03M | $9.57M | $6.77M | $2.44M | $0 | $0 | $0 |
| Gross Profit | -$1.72M | $9.48M | $11.72M | $9.33M | $7.77M | $11.46M | $11.48M | $8.24M | $7.04M | $7.47M | $4.75M | $4.02M | $5.34M | $5.26M | $5.2M | $2.14M | $3.08M | $3.57M | $3.85M | $866K | $926K | -$267K | $197K | -$1.16M | $93K | $289K | $111K |
| Gross Margin | -6.2% | 16.4% | 19.0% | 15.4% | 10.5% | 17.6% | 15.1% | 11.6% | 14.5% | 18.7% | 18.0% | 18.1% | 22.8% | 21.8% | 21.5% | 10.5% | 19.0% | 21.4% | 18.3% | 7.0% | 5.8% | -2.9% | 2.8% | -90.4% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $67K | $95K | $0 |
| Selling, General, and Administrative | $6.05M | $5.91M | $5.17M | $5.1M | $5.2M | $5.2M | $4.62M | $3.92M | $3.03M | $3.02M | $2.56M | $2.17M | $2.41M | $2.19M | $1.99M | $1.92M | $2.06M | $1.85M | $1.82M | $1.83M | $2.25M | $3.45M | $1.53M | $1.31M | $1.9M | $1.49M | $1.95M |
| Other | $0 | -$742K | $0 | $326K | $0 | $29K | $18K | $12K | $12K | $17K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$470 | $0 | $0 | $6.07M | $442K | $311K | $157K | $987K | $291K |
| Total Operating Expenses | $6.05M | $5.16M | $5.17M | $188K | $5.2M | $5.2M | $4.62M | $3.92M | $3.03M | $3.02M | $2.56M | $2.17M | $2.41M | $2.19M | $1.96M | $1.92M | $2.06M | $1.85M | $1.81M | $1.83M | $2.25M | $9.52M | $1.97M | $1.62M | $2.12M | $2.57M | $2.24M |
| Operating Income (EBIT) | -$7.77M | $4.31M | $7.14M | $4.23M | $2.57M | $6.25M | $6.86M | $4.32M | $4M | $4.45M | $2.19M | $1.86M | $2.93M | $3.07M | $3.25M | $223K | $1.03M | $1.71M | $2.03M | -$962K | -$1.32M | -$9.79M | -$1.77M | -$2.78M | -$2.03M | -$2.28M | -$3.15M |
| Operating Margin | -28.2% | 7.5% | 11.6% | 7.0% | 3.5% | 9.6% | 9.0% | 6.1% | 8.2% | 11.1% | 8.3% | 8.3% | 12.5% | 12.7% | 13.4% | 1.1% | 6.3% | 10.3% | 9.6% | -7.7% | -8.3% | -105.2% | -25.5% | -217.1% | -2180.8% | -789.1% | -2841.5% |
| Interest Expense | -$912K | $1.02M | $1.29M | $1.19M | $842K | $1.18M | $1.71M | $1.84M | $1.37M | $1.21M | $862K | $818K | $847K | $829K | $897K | $1.09M | $828K | $989K | $30K | $1.19M | $0 | $6.01M | $430K | $311K | $232K | $0 | $0 |
| Interest Income | $5K | $98K | $58K | $318K | $1K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$907K | -$856K | -$1.08M | $4.62M | $2.51M | -$1.15M | -$1.69M | -$1.82M | -$1.36M | -$1.2M | -$862K | -$816K | -$842K | -$822K | -$1.03M | -$1.07M | -$523K | -$801K | $31K | -$1.58M | $2K | -$6.01M | -$430K | -$311K | $0 | $1.37M | $53K |
| Income Before Tax (EBT) | -$8.68M | $3.46M | $6.06M | $8.85M | $5.08M | $5.11M | $5.17M | $2.49M | $2.64M | $3.26M | $1.33M | $1.04M | $2.09M | $2.25M | $1.91M | $238K | $1.03M | $1.9M | $2.06M | -$962K | -$1.32M | -$15.8M | -$2.2M | -$3.09M | $0 | -$915K | -$3.1M |
| Income Tax Expense | $440K | $1.11M | $1.03M | $2.46M | $535K | $1.48M | $209K | $436K | $772K | $1.01M | $496K | $431K | -$1.04M | -$548K | -$585K | -$107K | -$528K | -$305K | $1.07M | $905K | $1.01M | $6.64M | $1.12M | $745K | -$1.97M | -$2.17M | $0 |
| Net Income | -$8.24M | $2.35M | $5.03M | $6.34M | $4.27M | $3.35M | $4.7M | $1.81M | $1.62M | $2.01M | $603K | $383K | $2.93M | $2.59M | $2.18M | -$770K | $422K | $842K | $928K | -$2.6M | -$2.34M | -$10.42M | -$2.46M | -$3.21M | -$289K | -$1.48M | -$3.1M |
| Net Income Margin | -29.9% | 4.1% | 8.1% | 10.4% | 5.8% | 5.2% | 6.2% | 2.5% | 3.3% | 5.0% | 2.3% | 1.7% | 12.5% | 10.8% | 9.0% | -3.8% | 2.6% | 5.0% | 4.4% | -20.9% | -14.6% | -112.0% | -35.3% | -251.0% | -310.6% | -511.0% | -2794.0% |
| Supplementary Data | |||||||||||||||||||||||||||
| EPS | -0.30 | 0.07 | 0.16 | 0.21 | 0.14 | 0.11 | 0.15 | 0.06 | 0.06 | 0.06 | 0.01 | 0.00 | 0.10 | 0.09 | 0.07 | -0.03 | 0.06 | 0.02 | 0.02 | -0.11 | -0.10 | -0.58 | -0.22 | -0.62 | -0.06 | -0.37 | -0.75 |
| Diluted EPS | -0.30 | 0.07 | 0.15 | 0.18 | 0.12 | 0.10 | 0.15 | 0.06 | 0.06 | 0.06 | 0.01 | 0.00 | 0.09 | 0.08 | 0.07 | -0.03 | 0.06 | 0.02 | 0.02 | -0.11 | -0.10 | -0.58 | -0.22 | -0.62 | -0.06 | -0.37 | -0.75 |
| Weighted Average OS | 27.27M | 28.06M | 28.28M | 28.28M | 28.42M | 28.36M | 28.36M | 28.36M | 28.36M | 28.32M | 27.70M | 26.98M | 26.20M | 26.11M | 26.11M | 26.11M | 26.11M | 26.11M | 26.07M | 24.73M | 24.06M | 17.95M | 11.03M | 5.20M | 4.66M | 3.97M | 4.15M |
| EBITDA | -$1.71M | $10.25M | $13.08M | $15.23M | $11.28M | $12.08M | $12.16M | $8.86M | $7.7M | $7.24M | $3.75M | $3.29M | $4.24M | $4.46M | $3.97M | $1.22M | $2.04M | $2.5M | $2.88M | -$155K | -$555K | -$8.43M | -$931K | -$2.55M | -$1.87M | -$1.22M | -$1.81M |
| EBITDA Margin | -6.2% | 17.7% | 21.2% | 25.1% | 15.2% | 18.6% | 16.0% | 12.5% | 15.8% | 18.1% | 14.2% | 14.7% | 18.1% | 18.5% | 16.4% | 6.0% | 12.6% | 15.0% | 13.7% | -1.2% | -3.5% | -90.6% | -13.4% | -199.1% | -2011.5% | -421.9% | -1637.7% |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 | 2013-05-31 | 2012-05-31 | 2011-05-31 | 2010-05-31 | 2009-05-31 | 2008-05-31 | 2007-05-31 | 2006-05-31 | 2005-05-31 | 2004-05-31 | 2003-05-31 | 2002-05-31 | 2001-05-31 | 2000-05-31 |
| Assets | |||||||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||||||
| Cash and Cash Equivalents | $512K | $1.55M | $5.8M | $696K | $3.14M | $4.39M | $1.13M | $1.26M | $380K | $579K | $897K | $599K | $661K | $367K | $194K | $169K | $164K | $275K | $201K | $340K | $925 | $1K | $274K | $6K | $14K | $80K | $5K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $512K | $1.55M | $5.8M | $696K | $3.14M | $4.39M | $1.13M | $1.26M | $380K | $579K | $897K | $599K | $661K | $367K | $194K | $169K | $164K | $275K | $201K | $340K | $925 | $1K | $274K | $6K | $14K | $80K | $5K |
| Accounts Receivable | $3M | $5.25M | $6.53M | $5.3M | $6.25M | $4.74M | $6.77M | $6.37M | $5.01M | $6.23M | $5.09M | $1.97M | $2.24M | $2.24M | $2.72M | $2.42M | $1.61M | $952K | $1.29M | $1.02M | $842K | $1.57M | $952K | $348K | $44K | $887K | $800 |
| Inventory | $2.69M | $3.48M | $3.87M | $4.48M | $4.11M | $3.44M | $4.23M | $2.62M | $3.09M | $1.59M | $1.3M | $1.43M | $1.62M | $1.04M | $957K | $544K | $650K | $1.06M | $899K | $238K | $631K | $536K | $521K | $385K | $204K | $143K | $14K |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.22M | $1.08M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $6.76M | $10.84M | $16.79M | $11.01M | $13.81M | $12.62M | $12.13M | $10.49M | $8.7M | $8.54M | $5.96M | $5.24M | $5.69M | $3.77M | $3.91M | $3.21M | $2.49M | $2.36M | $2.45M | $1.66M | $1.48M | $2.12M | $1.75M | $739K | $262K | $1.21M | $101K |
| Long-Term Assets | |||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $25.84M | $30.04M | $35.47M | $38.52M | $31.93M | $31.11M | $34.32M | $32.5M | $25.35M | $19.71M | $12.57M | $8.51M | $8.78M | $7.04M | $7.8M | $3.89M | $7.55M | $8.21M | $8.88M | $7.04M | $8.03M | $7.19M | $6.59M | $7.92M | $6.94M | $2.33M | $3.26M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $153K | $130K | $33K | $53K | $63K | $101K | $95K | $104K | $118K | $127K | $0 | $149K | $6.16M | $0 | $0 | $0 | $57K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$1.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $2.09M | $0 | $0 | $2.29M | $3.4M | $2.5M | $3.48M | $4.93M | $2.14M | $281K | $1.28M | $557K | $1.13M | $1.16M | $585K | $0 | $0 | $0 | $4.28M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $2.67M | $5.09M | $0 | -$2.29M | -$3.4M | -$2.5M | -$3.48M | -$4.93M | -$2.14M | $0 | -$61K | $1.78M | $130K | $19K | $24K | $3.82M | $0 | $0 | -$4.28M | $0 | $152K | $16K | $490K | $141K | $161K | $76K | $3.37M |
| Total Long-Term Assets | $30.61M | $35.14M | $35.47M | $38.52M | $31.93M | $31.11M | $34.32M | $32.5M | $25.35M | $19.99M | $13.94M | $9.2M | $10.07M | $8.27M | $8.47M | $7.81M | $7.64M | $8.31M | $9M | $7.16M | $8.18M | $7.35M | $13.24M | $8.06M | $7.11M | $2.4M | $6.69M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $37.36M | $45.97M | $52.26M | $49.53M | $45.75M | $43.73M | $46.46M | $42.99M | $34.05M | $28.52M | $19.9M | $14.44M | $15.77M | $12.04M | $12.38M | $11.02M | $10.13M | $10.67M | $11.45M | $8.82M | $9.66M | $9.48M | $14.99M | $8.8M | $7.37M | $3.61M | $6.79M |
| Liabilities | |||||||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||||||
| Accounts Payable | $2.27M | $4.02M | $3.67M | $3.34M | $7.82M | $3.75M | $4.93M | $6.52M | $4.65M | $5.73M | $4.04M | $798K | $783K | $1.64M | $2.58M | $725K | $3.81M | $4M | $893K | $3.86M | $2.74M | $2.63M | $1.58M | $971K | $571K | $1.71M | $392K |
| Short-Term Debt | $11.99M | $2.25M | $2.36M | $2.25M | $4.16M | $3.24M | $4.42M | $3.03M | $2.32M | $2.49M | $2.09M | $2.28M | $3.98M | $1.34M | $1.29M | $4.07M | $9.01M | $9.34M | $9.01M | $8.66M | $2.2M | $3.07M | $3.86M | $901K | $3.78M | $2.66M | $503K |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $23K | $23K | $841K | $23K | $5.33M | $6.43M | $3.79M | $2.2M | $3.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $852K | $1.01M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $25K | $841K | $134K | $85K | $6.43M | $84K | $40K | $0 | $30K | $0 | $0 | $28K | $1.88M | $2.92M | $725K | $0 | $0 | $3.97M | $1.71M | $908K | $34K | $61K | $0 | $211K | $5.43M | $0 |
| Total Current Liabilities | $14.62M | $6.61M | $7.18M | $6.02M | $19.06M | $15.22M | $15.14M | $13.38M | $12.6M | $10.54M | $7.27M | $5.27M | $6.63M | $6.42M | $8.08M | $8.35M | $15.1M | $15.3M | $15.47M | $14.23M | $5.85M | $5.73M | $5.5M | $1.87M | $4.56M | $9.79M | $1.26M |
| Long-Term Liabilities | |||||||||||||||||||||||||||
| Long-Term Debt | $0 | $8.83M | $11.08M | $14.92M | $9.31M | $12.97M | $18.33M | $19.63M | $16.84M | $15.31M | $13.29M | $10.3M | $10.52M | $9.66M | $10.76M | $12.38M | $2.71M | $3.25M | $4.47M | $4.3M | $10.89M | $8.03M | $6.39M | $7M | $0 | $0 | $1.21M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | -$1.9M | -$3.72M | $0 | -$1.73M | -$1.97M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $32K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $5.02M | $5.79M | $4.84M | $3.91M | $1.74M | $2.38M | $1.11M | $927K | $491K | $1.97M | $1.06M | $557K | $1.13M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $1.9M | $3.72M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $128K | $0 | $0 | $0 | $0 | $0 | $707K | $8.67M |
| Total Long-Term Liabilities | $11.23M | $19.49M | $21.1M | $23.97M | $11.6M | $17.25M | $23.16M | $25.79M | $19.06M | $16.84M | $13.36M | $10.3M | $10.52M | $9.66M | $10.76M | $12.38M | $2.71M | $3.28M | $4.55M | $4.43M | $10.89M | $8.03M | $6.39M | $7M | $4.35M | $707K | $9.89M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4.35M | $0 | $0 |
| Total Liabilities | $25.84M | $26.1M | $28.28M | $29.99M | $30.66M | $32.48M | $38.3M | $39.18M | $31.66M | $27.38M | $20.62M | $15.58M | $17.15M | $16.08M | $18.84M | $20.73M | $17.81M | $18.58M | $20.02M | $18.65M | $16.73M | $13.76M | $11.89M | $8.87M | $4.56M | $10.5M | $11.15M |
| Stockholders' Equity | |||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $5 | $5 | $5 | $5 | $5 | $5 | $5 | $5 | $5 | $5 | $5 | $5 | $5 | $0 | $5 | $5 | $5 | $5 | $5 | $5 | $5 | $75 | $75 | $253 | $278 |
| Common Stock | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $3K | $2K | $2K | $1K | $594 | $469 | $23.19M | $24.23M |
| Retained Earnings | -$35.87M | -$27.63M | -$29.56M | -$34M | -$39.84M | -$43.78M | -$46.81M | -$51.11M | -$52.49M | -$53.72M | -$55.39M | -$55.66M | -$55.72M | -$58.32M | -$60.59M | -$62.3M | -$61.53M | -$61.63M | -$62.11M | -$62.53M | -$59.35M | -$56.5M | -$45.16M | -$42.04M | -$37.93M | -$35.26M | -$33.78M |
| Comprehensive Income & Other | $0 | -$0 | $0 | $0 | $0 | $0 | -$0 | $0 | -$16.59M | -$13.74M | -$11.08M | -$9.56M | -$9.13M | -$8.71M | -$7.34M | -$5.35M | -$5.18M | -$4.66M | -$3.69M | -$2.71M | -$2.06M | $0 | $0 | -$696K | $0 | $0 | $0 |
| Other Stockholders' Equity | $47.38M | $47.51M | $53.53M | $53.53M | $53.53M | $53.79M | $53.79M | $53.79M | $53.79M | $53.79M | $53.61M | $53.5M | $53.34M | $53.14M | $53.09M | $48.09M | $53.02M | $52.92M | $52.83M | $52.69M | $52.28M | $52.21M | $48.27M | $41.97M | $40.73M | $5.18M | $5.2M |
| Total Equity | $11.52M | $19.88M | $23.98M | $19.54M | $13.7M | $10.02M | $6.99M | $2.68M | $1.31M | $69K | -$1.77M | -$2.15M | -$2.38M | -$5.18M | -$7.49M | -$14.21M | -$8.51M | -$8.7M | -$9.28M | -$9.83M | -$7.07M | -$4.29M | $3.1M | -$71K | $2.81M | -$6.89M | -$4.35M |
| Minority Interest | $0 | $0 | $0 | $0 | $1.38M | $1.24M | $1.17M | $1.13M | $1.09M | $1.07M | $1.04M | $1.02M | $993K | $1.14M | $1.04M | $4.5M | $826K | $788K | $709K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $37.36M | $45.97M | $52.26M | $49.53M | $44.36M | $42.49M | $45.29M | $41.86M | $32.96M | $27.45M | $18.86M | $13.42M | $14.77M | $10.9M | $11.34M | $6.52M | $9.3M | $9.88M | $10.74M | $8.82M | $9.66M | $9.48M | $14.99M | $8.8M | $7.37M | $3.61M | $6.79M |
| Supplementary Data | |||||||||||||||||||||||||||
| Total Debt | $18.53M | $16.26M | $18.92M | $22.59M | $15.69M | $19.91M | $28.38M | $29.41M | $23.05M | $21.6M | $15.45M | $12.58M | $14.5M | $11M | $12.04M | $16.45M | $11.71M | $12.59M | $13.48M | $12.95M | $13.09M | $11.1M | $10.25M | $7.9M | $3.78M | $2.66M | $1.72M |
| Net Debt | $18.02M | $14.71M | $13.12M | $21.89M | $12.54M | $15.52M | $27.25M | $28.16M | $22.67M | $21.02M | $14.55M | $11.98M | $13.84M | $10.64M | $11.85M | $16.28M | $11.55M | $12.31M | $13.28M | $12.61M | $13.08M | $11.09M | $9.97M | $7.9M | $3.76M | $2.58M | $1.71M |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-05-31 | 2025-05-31 | 2024-05-31 | 2023-05-31 | 2022-05-31 | 2021-05-31 | 2020-05-31 | 2019-05-31 | 2018-05-31 | 2017-05-31 | 2016-05-31 | 2015-05-31 | 2014-05-31 | 2013-05-31 | 2012-05-31 | 2011-05-31 | 2010-05-31 | 2009-05-31 | 2008-05-31 | 2007-05-31 | 2006-05-31 | 2005-05-31 | 2004-05-31 | 2003-05-31 | 2002-05-31 | 2001-05-31 | 2000-05-31 |
| Operating Activities | |||||||||||||||||||||||||||
| Net Income | -$8.24M | $4.56M | $5.03M | $6.39M | $4.55M | $3.63M | $4.96M | $2.06M | $1.87M | $2.25M | $836K | $610K | $3.13M | $2.79M | $2.49M | -$847K | $503K | $842K | $928K | -$2.6M | -$2.34M | -$10.42M | -$2.46M | -$3.21M | -$2.46M | -$1.48M | -$3.1M |
| Depreciation & Amortization | $6.05M | $5.77M | $5.74M | $5.2M | $5.36M | $5.8M | $5.28M | $4.53M | $3.69M | $2.77M | $1.56M | $1.43M | $1.31M | $1.39M | $1.17M | $1.02M | $1.02M | $976K | $847K | $807K | $768K | $1.3M | $413K | $231K | $157K | $1M | $316K |
| Deferred Income Tax | -$775K | $947K | $940K | $2.16M | -$637K | $1.27M | $182K | $436K | $772K | $1M | $496K | $431K | -$1.05M | -$574K | -$585K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $53K | $53K | $53K | $53K | $53K | $0 | $72K | $96K | $96K | $120K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||||||
| Accounts Receivable | $2.25M | $2.02M | $1.04M | $1.02M | -$1.57M | $2.08M | -$350K | -$1.37M | $1.21M | -$1.22M | -$2.08M | $501K | $216K | -$742K | -$919K | -$817K | -$653K | $274K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $1.03M | $388K | -$690K | -$372K | -$671K | $761K | -$1.61M | $468K | -$1.5M | -$283K | $125K | $187K | -$572K | -$88K | -$413K | $106K | $412K | -$162K | -$662K | $393K | -$96K | -$14K | -$137K | -$180K | -$62K | -$129K | -$4K |
| Accounts Payable | -$1.84M | $354K | $317K | -$4.51M | $3.99M | -$999K | -$1.43M | $1.91M | -$1.32M | $1.73M | $2.06M | $323K | -$460K | -$673K | $322K | $587K | $0 | -$882K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $23K | $539K | $578K | -$3.14M | -$1.93M | $3.91M | $1.77M | -$781K | $4.11M | $1.01M | $366K | -$229K | -$467K | -$72K | $23K | -$1K | -$33K | -$51K | -$565K | $740K | $862K | $40K | $124K | $112K | -$1.27M | $1.11M | $201K |
| Total Working Capital Change | $1.47M | $2.95M | $1.24M | -$7M | -$184K | $5.76M | -$1.61M | $231K | $2.5M | $1.23M | $470K | $782K | -$1.28M | -$1.57M | -$987K | -$124K | -$274K | -$821K | -$1.23M | $1.13M | $766K | $26K | -$13K | -$68K | -$1.33M | $980K | $197K |
| Other Non-Cash Items | $9K | -$3.95M | -$550K | -$711K | -$2.45M | -$1.27M | -$182K | -$436K | -$764K | -$1.06M | -$496K | $981K | -$1.31M | -$1.04M | $132K | $0 | -$35K | $140K | $76K | $857K | $77K | $6.14M | $96K | $368K | $84K | -$928K | $2.3M |
| Net Cash from Operating | -$1.48M | $10.29M | $12.39M | $3.87M | $6.64M | $15.18M | $8.63M | $6.82M | $8.06M | $6.25M | $2.92M | $3.31M | $2.16M | $2.09M | $2.22M | $116K | $1.31M | $1.23M | $744K | $198K | -$723K | -$2.96M | -$1.96M | -$2.68M | -$3.54M | -$425K | -$287K |
| Investing Activities | |||||||||||||||||||||||||||
| Capital Expenditures | -$1.97M | -$5.75M | -$2.8M | -$9.18M | -$6.13M | -$2.91M | -$6.28M | -$7.02M | -$6.71M | -$2.7M | -$4.32M | -$992K | -$2.25M | -$621K | -$802K | -$1.17M | -$343K | -$294K | -$363K | -$580K | -$1.63M | -$426K | -$4.45M | -$1.47M | -$4M | -$1.8M | -$233K |
| Acquisitions | $0 | $0 | $0 | -$3K | $50K | $0 | $0 | $968K | $3K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $50K | $0 | $55K | $50K | $0 | $0 | $968K | $3K | $0 | $0 | $0 | $0 | $0 | $0 | -$19K | $0 | $0 | $0 | $993K | $0 | $0 | $0 | $0 | $582K | $2.74M | $250K |
| Net Cash from Investing | -$1.97M | -$5.7M | -$2.8M | -$9.13M | -$6.08M | -$2.91M | -$6.28M | -$6.05M | -$6.71M | -$2.7M | -$4.32M | -$992K | -$2.25M | -$621K | -$802K | -$1.19M | -$343K | -$294K | -$363K | $413K | -$1.63M | -$426K | -$4.45M | -$1.47M | -$3.42M | $938K | $17K |
| Financing Activities | |||||||||||||||||||||||||||
| Debt Repaid | -$2.55M | $2.38M | $3.76M | -$1.65M | $1.17M | $8.41M | $1.83M | -$671K | $907K | $3.21M | -$2.18M | $1.99M | -$4.26M | $1.04M | $100K | -$913K | $1.18M | $864K | $520K | $170K | -$2.24M | -$1.67M | -$1.95M | -$4.12M | -$6.75M | -$856K | -$443K |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $57K | $57K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.85M | $5M | $28K | $1.5M | $0 | $0 |
| Common Stock Repurchases | -$123K | -$607K | $0 | $0 | -$282K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$233K | -$214K | -$204K | -$204K | -$3.55M | -$102K | -$64K | $0 | -$43K | $0 | $0 | $0 | $0 | -$27K | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | -$13K | $1.6M | -$108K | -$209K | -$219K | -$252K | -$233K | -$157K | -$147K | -$90K | -$337K | -$149K | $75K | $293K | $0 | $0 | $0 | $0 | $0 | $27K | $0 | $0 | -$1.36M | -$1.56M | $94K |
| Net Cash from Financing | $2.42M | -$8.84M | -$4.49M | $2.81M | -$1.8M | -$9.02M | -$2.47M | $103K | -$1.55M | -$3.87M | $1.71M | -$2.38M | $379K | -$1.29M | -$1.39M | $1.08M | -$1.08M | -$864K | -$520K | -$271K | $2.35M | $3.12M | $6.68M | $4.15M | $6.89M | -$700K | $537K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$1.03M | -$4.25M | $5.1M | -$2.45M | -$1.24M | $3.26M | -$124K | $876K | -$199K | -$318K | $298K | -$62K | $294K | $172K | $25K | $6K | -$111K | $73K | -$139K | $339K | -$485 | -$273K | $268K | -$7K | -$67K | -$187K | $267K |
| Supplementary Data | |||||||||||||||||||||||||||
| Operating Cash Flow | -$1.48M | $10.29M | $12.39M | $3.87M | $6.64M | $15.18M | $8.63M | $6.82M | $8.06M | $6.25M | $2.92M | $3.31M | $2.16M | $2.09M | $2.22M | $116K | $1.31M | $1.23M | $744K | $198K | -$723K | -$2.96M | -$1.96M | -$2.68M | -$3.54M | -$425K | -$287K |
| Capital Expenditure | -$1.97M | -$5.75M | -$2.8M | -$9.18M | -$6.13M | -$2.91M | -$6.28M | -$7.02M | -$6.71M | -$2.7M | -$4.32M | -$992K | -$2.25M | -$621K | -$802K | -$1.17M | -$343K | -$294K | -$363K | -$580K | -$1.63M | -$426K | -$4.45M | -$1.47M | -$4M | -$1.8M | -$233K |
| Free Cash Flow | -$3.46M | $4.53M | $9.59M | -$5.31M | $507K | $12.28M | $2.35M | -$195K | $1.35M | $3.55M | -$1.41M | $2.32M | -$85K | $1.46M | $1.41M | -$1.06M | $966K | $938K | $381K | -$383K | -$2.35M | -$3.39M | -$6.41M | -$4.16M | -$7.54M | -$2.23M | -$520K |
| Cash at Beginning | $1.55M | $5.8M | $696K | $3.14M | $4.39M | $1.13M | $1.26M | $380K | $579K | $897K | $599K | $661K | $367K | $194K | $169K | $164K | $275K | $201K | $340K | $925 | $1K | $274K | $6K | $14K | $80K | $268K | $710 |
| Cash at End | $512K | $1.55M | $5.8M | $696K | $3.14M | $4.39M | $1.13M | $1.26M | $380K | $579K | $897K | $599K | $661K | $367K | $194K | $169K | $164K | $275K | $201K | $340K | $925 | $1K | $274K | $6K | $14K | $80K | $268K |