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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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Home›GLGI›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

GREYSTONE LOGISTICS, INC. (GLGI) financials

Income statement

GREYSTONE LOGISTICS, INC. (GLGI) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$26.3M$40.0M$48.6M$71.1M$76.2M$64.9M$74.2M$60.8M$61.8M$57.9M
Revenue growth—52.0%21.4%46.2%7.2%-14.8%14.2%-18.1%1.7%-6.3%
Gross profit$4.75M$7.47M$7.04M$8.24M$11.5M$11.5M$7.77M$9.33M$11.7M$9.48M
Gross margin18.0%18.7%14.5%11.6%15.1%17.6%10.5%15.4%19.0%16.4%
Operating income$2.19M$4.45M$4.00M$4.32M$6.86M$6.25M$2.57M$4.23M$7.14M$4.31M
Operating margin8.3%11.1%8.2%6.1%9.0%9.6%3.5%7.0%11.6%7.5%
Net income$836K$2.25M$1.87M$2.06M$4.96M$3.63M$4.55M$6.39M$5.03M$2.35M
Net margin3.2%5.6%3.8%2.9%6.5%5.6%6.1%10.5%8.1%4.1%
EPS (diluted)$0.01$0.06$0.04$0.05$0.15$0.10$0.13$0.20$0.15$0.07

Cash flow

GREYSTONE LOGISTICS, INC. (GLGI) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$2.92M$6.25M$8.06M$6.82M$8.63M$15.2M$6.64M$3.87M$12.4M$10.3M
Capital expenditures$4.32M$2.70M$6.71M$7.02M$6.28M$2.91M$6.13M$9.18M$2.80M$5.75M
Free cash flow-$1.41M$3.55M$1.35M-$195K$2.35M$12.3M$507K-$5.31M$9.59M$4.53M
Share buybacks————————$0.00$607K
Dividends paid$326K$376K$414K$316K$427K$407K$243K$447K$722K$427K

Balance sheet

GREYSTONE LOGISTICS, INC. (GLGI) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$897K$579K$380K$1.26M$1.13M$4.39M$3.14M———
Total assets$21.2M$28.5M$34.0M$43.2M$46.5M$43.7M$45.7M$49.5M$52.3M$46.0M
Total liabilities————————$28.3M$26.1M
Long-term debt$13.3M$15.3M$16.8M$19.6M$18.3M$13.0M$9.31M$14.9M$11.1M$8.83M
Shareholders' equity-$1.77M$68.6K$1.31M$2.68M$6.99M$10.0M$13.7M$19.5M$24.0M$19.9M
Retained earnings-$55.4M-$53.7M-$52.5M-$51.1M-$46.8M-$43.8M-$39.8M-$34.0M-$29.6M-$27.6M
Shares (wtd avg diluted)28.0M28.9M29.0M29.0M32.3M32.4M32.3M32.1M28.8M28.6M

Every figure is extracted from GREYSTONE LOGISTICS, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is GREYSTONE LOGISTICS, INC.'s annual revenue?
GREYSTONE LOGISTICS, INC. (GLGI) reported $57.9M of revenue for fiscal year 2025 — down 6.3% from $61.8M in FY2024, per its annual report filed with the SEC.
Is GREYSTONE LOGISTICS, INC. profitable?
Yes — GLGI earned $2.35M of net income in FY2025, a 4.1% net margin, per SEC filings.
What is GREYSTONE LOGISTICS, INC.'s free cash flow?
$4.53M in FY2025 (operating cash flow $10.3M minus $5.75M of capital expenditures), from the SEC cash-flow statement.
Does GLGI pay a dividend?
Yes — GREYSTONE LOGISTICS, INC. paid $427K in cash dividends during FY2025, per its SEC cash-flow statement.
Full GLGI analysis — verdict, score & filings →Is GLGI a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.