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Greystone Logistics Inc (GLGI)
OTHER OTC:GLGI
RESEARCH TOOLSreports
Earnings Data
Report Date
Sep 02, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
―Last Year’s EPS
<0.01Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 14, 2025
|% Change Since: 10.58%
|Next Earnings Date:Sep 02, 2025
Earnings Call Sentiment|Neutral
Greystone Logistics reported a strong financial quarter with significant customer relationships and advancements in technology. However, the company faces challenges with flat revenue growth and uncertainties related to macroeconomic factors. The successful redemption of preferred stock and the share buyback program are positive signs of financial health and confidence in the company's future. Despite this, the presence of related party transactions and the need for increased sales momentum present ongoing challenges.Company Guidance
During the Greystone Logistics Q3 results conference call, the company provided guidance indicating a robust start to the fourth quarter, with expectations to maintain the momentum from the third quarter, which saw revenues of approximately $14.316 million and EBITDA of $3 million. For the nine-month period, the EBITDA totaled $6.78 million. The CEO highlighted the company's initiative to leverage new technological advancements, such as embedding cellular devices in pallets for tracking purposes, and is exploring a "pallet as a service" model. This new approach could potentially expand revenue streams, as the company has several bids for leasing pallets. Additionally, they have redeemed a $5 million preferred stock piece and repurchased 620,052 shares as part of a $1 million buyback program. Despite past recessionary challenges, the company is optimistic about continued growth, particularly with their strong partnership with Walmart, where they currently service five import distribution centers. The company also expressed intent to potentially uplift from the OTC market to a major exchange, contingent on achieving further sales momentum and ensuring financial readiness.Strong Financial Performance
Greystone Logistics reported $14.316 million in revenue for the quarter and an EBITDA of $3 million. For the nine-month period, EBITDA was $6.78 million.
Walmart Partnership
Walmart has been a significant customer, providing consistent business opportunities and contributing to the company’s robust start in the fourth quarter.
Innovation in Tracking Technology
Greystone is testing cellular devices in pallets for tracking and tracing, with several bids out for leasing pallets in a 'pallet as a service' model.
Redemption of Preferred Stock
Greystone authorized $2.1 million to redeem the entire $5 million preferred stock, freeing up $550,000 in annual interest expenses.
Share Buyback Program
The company has repurchased 620,052 shares as part of a $1 million buyback program authorized by the Board.
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GLGI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GLGI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 14, 2025 | $1.04 | $1.01 | -2.88% |
| Jan 21, 2025 | $1.05 | $1.05 | 0.00% |
| Oct 15, 2024 | $1.46 | $1.37 | -6.16% |
| Sep 13, 2024 | $1.34 | $1.45 | +8.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Greystone Logistics Inc (GLGI) report earnings?
Greystone Logistics Inc (GLGI) is schdueled to report earning on Sep 02, 2025, TBA Not Confirmed.
What is Greystone Logistics Inc (GLGI) earnings time?
Greystone Logistics Inc (GLGI) earnings time is at Sep 02, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GLGI EPS forecast?
Currently, no data Available
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