UNIQUE LOGISTICS INTERNATIONAL, INC. (INNO) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
154-09 146TH AVE JAMAICA, NY 11434 |
| State of Incorp. | |
| Fiscal Year End | May 31 |
| Industry (SIC) | 4731 - Arrangement of Transportation of Freight and Cargo (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 11/30/2023 Q2 | 8/31/2023 Q1 | 5/31/2023 Q4 | 2/28/2023 Q3 | 11/30/2022 Q2 | 8/31/2022 Q1 | 5/31/2022 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,370 | 6,744 | 14,403 | 1,244 | 271 | 1,422 | |||
| Cash and cash equivalents | 3,370 | 6,744 | 14,403 | 1,244 | 271 | 1,422 | |||
| Receivables | 50,785 | 41,402 | 40,438 | 51,349 | 64,119 | 74,746 | |||
| Prepaid expense | 7,318 | 9,294 | 3,770 | 2,261 | 2,340 | 1,404 | |||
| Contract with customer, asset, after allowance for credit loss | 2,618 | 2,887 | 3,860 | 13,805 | 30,971 | ||||
| Other undisclosed current assets | 28,179 | ||||||||
| Total current assets: | 64,091 | 60,327 | 62,470 | 68,658 | 94,909 | 108,543 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 9,931 | 10,270 | 10,931 | 10,580 | |||||
| Property, plant and equipment | 631 | 610 | 1,691 | 224 | 234 | 189 | |||
| Long-term investments and receivables | 3,557 | 3,382 | 10,861 | ||||||
| Long-term investments | 3,557 | 3,382 | 10,861 | ||||||
| Intangible assets, net (including goodwill) | 32,950 | 33,381 | 21,772 | 11,447 | |||||
| Goodwill | 20,516 | 20,516 | 8,449 | 4,463 | |||||
| Intangible assets, net (excluding goodwill) | 12,434 | 12,865 | 13,322 | 6,984 | |||||
| Deferred income tax assets | 1,194 | 988 | |||||||
| Other noncurrent assets | 1,631 | 1,134 | 2,022 | 16,556 | 16,180 | ||||
| Other undisclosed noncurrent assets | 2,906 | 2,420 | (48,318) | 1,597 | |||||
| Total noncurrent assets: | 51,607 | 51,196 | 153 | 24,835 | 16,790 | 16,369 | |||
| Other undisclosed assets | 48,318 | ||||||||
| TOTAL ASSETS: | 115,698 | 111,523 | 110,941 | 93,494 | 111,699 | 124,912 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 29,409 | 28,622 | 25,520 | 32,151 | 45,943 | 58,829 | |||
| Taxes payable | ✕ | ✕ | ✕ | ✕ | ✕ | 1,223 | 560 | ||
| Accounts payable | 27,039 | 25,132 | 17,463 | 30,956 | 41,664 | 49,029 | |||
| Accrued liabilities | 2,371 | 3,490 | 8,057 | 1,196 | 3,056 | 9,241 | |||
| Deferred revenue | 358 | 468 | |||||||
| Debt | 23,777 | 12,050 | 29,187 | 20,996 | 37,394 | 38,750 | |||
| Due to related parties | ✕ | ✕ | ✕ | 325 | 350 | 370 | 301 | ||
| Other liabilities | 5,710 | ||||||||
| Other undisclosed current liabilities | 5 | 11,776 | 11,101 | 6,695 | 4,697 | 6,019 | |||
| Total current liabilities: | 53,192 | 52,449 | 72,202 | 60,192 | 88,404 | 104,368 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 8,526 | 4,000 | 1,500 | 1,809 | 1,594 | ||||
| Long-term debt, excluding current maturities | 8,526 | 4,000 | 1,500 | ||||||
| Liabilities, other than long-term debt | 29,695 | 28,728 | 20,593 | 20,877 | 12,332 | 13,119 | |||
| Deferred income tax liabilities | 4,593 | 4,405 | |||||||
| Due to related parties | ✕ | ✕ | ✕ | 151 | 151 | 301 | 398 | ||
| Other liabilities | 5,550 | 4,552 | 141 | 212 | 283 | ||||
| Operating lease, liability | 7,972 | 8,212 | 8,814 | 8,891 | 1,809 | 1,594 | |||
| Derivative instruments and hedges, liabilities | 11,580 | 11,558 | 11,628 | 11,693 | 11,819 | 12,438 | |||
| Other undisclosed noncurrent liabilities | 9,000 | 8,750 | |||||||
| Total noncurrent liabilities: | 47,221 | 41,478 | 22,093 | 20,877 | 14,142 | 14,713 | |||
| Total liabilities: | 100,413 | 93,927 | 94,294 | 81,069 | 102,546 | 119,080 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 11,819 | 14,050 | 13,088 | 12,425 | 9,153 | 5,832 | |||
| Common stock | 799 | 799 | 799 | 799 | 799 | 687 | |||
| Additional paid in capital | 180 | 180 | 180 | 180 | 180 | 292 | |||
| Accumulated other comprehensive income (loss) | 3 | 3 | |||||||
| Retained earnings | 10,835 | 13,066 | 12,108 | 11,445 | 8,173 | 4,852 | |||
| Other undisclosed equity, attributable to parent | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Equity, attributable to noncontrolling interest | 3,465 | 3,546 | 3,559 | ||||||
| Total equity: | 15,285 | 17,596 | 16,647 | 12,425 | 9,153 | 5,832 | |||
| TOTAL LIABILITIES AND EQUITY: | 115,698 | 111,523 | 110,941 | 93,494 | 111,699 | 124,912 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 11/30/2023 Q2 | 8/31/2023 Q1 | 5/31/2023 Q4 | 2/28/2023 Q3 | 11/30/2022 Q2 | 8/31/2022 Q1 | 5/31/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 62,868 | 50,645 | 49,628 | 88,837 | 136,509 | 168,848 | ||
| Cost of revenue | (1,600) | (5,500) | (4,500) | (13,100) | (25,800) | (35,400) | ||
| Cost of goods and services sold | (4,500) | (13,100) | (25,800) | (35,400) | ||||
| Gross profit: | 61,268 | 45,145 | 45,128 | 75,737 | 110,709 | 133,448 | ||
| Operating expenses | (64,437) | (50,431) | (49,297) | (83,847) | (131,657) | (166,435) | ||
| Other undisclosed operating income | 1,776 | 5,637 | 4,500 | 13,100 | 25,800 | 35,400 | ||
| Operating income (loss): | (1,393) | 351 | 331 | 4,990 | 4,852 | 2,413 | ||
| Nonoperating income (expense) | (1,412) | 1,146 | (482) | (847) | (739) | (810) | ||
| Interest and debt expense | (1,390) | (960) | (547) | (972) | (1,358) | (504) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (4,195) | 538 | (698) | 3,171 | 2,756 | 1,099 | ||
| Other undisclosed income from continuing operations before income taxes | 1,390 | 960 | 547 | 972 | 1,358 | 504 | ||
| Income (loss) from continuing operations before income taxes: | (2,805) | 1,497 | (151) | 4,144 | 4,114 | 1,603 | ||
| Income tax expense (benefit) | 494 | (539) | 814 | (872) | (792) | 351 | ||
| Income (loss) from continuing operations: | (2,311) | 958 | 663 | 3,272 | 3,321 | 1,953 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | 3,321 | 1,953 | |
| Other undisclosed net loss | (13) | |||||||
| Net income (loss): | (2,311) | 946 | 663 | 3,272 | 3,321 | 1,953 | ||
| Net income (loss) attributable to noncontrolling interest | 80 | |||||||
| Other undisclosed net income attributable to parent | 13 | |||||||
| Net income (loss) attributable to parent: | (2,231) | 958 | 663 | 3,272 | 3,321 | 1,953 | ||
| Other undisclosed net income (loss) available to common stockholders, basic | (13) | 4,566 | ||||||
| Net income (loss) available to common stockholders, diluted: | (2,231) | 946 | 663 | 3,272 | 3,321 | 6,519 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 11/30/2023 Q2 | 8/31/2023 Q1 | 5/31/2023 Q4 | 2/28/2023 Q3 | 11/30/2022 Q2 | 8/31/2022 Q1 | 5/31/2022 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (2,311) | 946 | 663 | 3,272 | 3,321 | 1,953 | ||
| Other undisclosed comprehensive income (loss) | 0 | 16 | ||||||
| Comprehensive income (loss): | (2,311) | 962 | 663 | 3,272 | 3,321 | 1,953 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 80 | |||||||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (13) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (2,231) | 949 | 663 | 3,272 | 3,321 | 1,953 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.