Janel Corp. (JANL) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
80 EIGHTH AVENUE NEW YORK, NY 10011 |
| State of Incorp. | NV |
| Fiscal Year End | September 30 |
| Industry (SIC) | 7389 - Business Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2024 MRQ | 12/31/2023 MRQ | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,579 | 2,461 | 6,591 | 6,234 | 3,349 | 2,163 | |||
| Cash and cash equivalents | 1,579 | 2,461 | 6,591 | 6,234 | 3,349 | 2,163 | |||
| Receivables | 25,965 | 27,518 | 57,077 | 52,312 | 20,245 | 21,490 | |||
| Inventory, net of allowances, customer advances and progress billings | 4,628 | 4,850 | 4,802 | 3,227 | 3,666 | 4,371 | |||
| Inventory | 4,628 | 4,850 | 4,802 | 3,227 | 3,666 | 4,371 | |||
| Other undisclosed current assets | 3,844 | 4,459 | 3,423 | 3,002 | 433 | 531 | |||
| Total current assets: | 36,016 | 39,288 | 71,893 | 64,775 | 27,693 | 28,555 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | |||||||||
| Property, plant and equipment | 4,845 | 4,922 | 5,044 | 4,977 | 4,977 | 3,954 | |||
| Long-term investments and receivables | |||||||||
| Long-term investments | |||||||||
| Intangible assets, net (including goodwill) | |||||||||
| Goodwill | |||||||||
| Intangible assets, net (excluding goodwill) | |||||||||
| Restricted cash and investments | |||||||||
| Other noncurrent assets | 50,641 | 52,624 | 49,595 | 46,172 | 30,365 | 27,210 | |||
| Other undisclosed noncurrent assets | |||||||||
| Total noncurrent assets: | 55,486 | 57,546 | 54,639 | 51,149 | 35,342 | 31,164 | |||
| TOTAL ASSETS: | 91,502 | 96,834 | 126,532 | 115,924 | 63,035 | 59,719 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 29,914 | 31,784 | 53,899 | 45,981 | 25,437 | 25,374 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 1,745 | 2,427 | 1,661 | 1,041 | ||
| Accounts payable | 24,058 | 25,447 | 44,960 | 37,243 | 20,769 | 22,061 | |||
| Accrued liabilities | 5,856 | 6,337 | 7,194 | 6,311 | 3,007 | 2,272 | |||
| Debt | 19,113 | 22,412 | 27,035 | 30,505 | 9,313 | 980 | |||
| Business combination, contingent consideration, liability | 740 | 592 | 1,664 | 1,054 | 178 | ||||
| Due to related parties | ✕ | ✕ | ✕ | 425 | 550 | 504 | |||
| Other undisclosed current liabilities | 4,035 | 4,049 | 2,013 | 1,469 | 2,633 | 8,391 | |||
| Total current liabilities: | 53,802 | 58,837 | 85,036 | 79,559 | 38,065 | 34,745 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 8,677 | 9,208 | 11,520 | 6,495 | 8,356 | 6,602 | |||
| Long-term debt, excluding current maturities | 8,677 | 9,208 | 7,519 | 4,744 | 6,432 | 6,602 | |||
| Liabilities, other than long-term debt | 9,778 | 9,816 | 11,649 | 11,568 | 2,368 | 2,334 | |||
| Deferred income tax liabilities | 1,341 | 1,341 | 2,541 | 2,299 | 1,569 | 2,000 | |||
| Financial instruments subject to mandatory redemption, settlement terms, share value, amount | 711 | 565 | 430 | 783 | |||||
| Due to related parties | ✕ | ✕ | ✕ | 5,382 | 5,525 | 39 | |||
| Other liabilities | 509 | 483 | 380 | 415 | 388 | 334 | |||
| Operating lease, liability | 5,221 | 5,689 | 4,001 | 1,751 | 1,924 | ||||
| Business combination, contingent consideration, liability | 1,996 | 1,738 | 2,916 | 2,546 | 372 | ||||
| Other undisclosed noncurrent liabilities | 183 | 1,564 | 1,160 | ||||||
| Total noncurrent liabilities: | 18,455 | 19,024 | 23,169 | 18,246 | 12,288 | 10,096 | |||
| Total liabilities: | 72,257 | 77,861 | 108,205 | 97,805 | 50,353 | 44,841 | |||
| Equity | |||||||||
| Equity, attributable to parent | 19,245 | 18,973 | 18,327 | 18,119 | 12,682 | 14,878 | |||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | |||
| Treasury stock, value | (240) | (240) | (240) | (240) | (240) | (240) | |||
| Additional paid in capital | 17,103 | 17,107 | 17,184 | 14,838 | 14,604 | 15,075 | |||
| Retained earnings (accumulated deficit) | 2,381 | 2,105 | 1,382 | 3,520 | (1,683) | 42 | |||
| Total equity: | 19,245 | 18,973 | 18,327 | 18,119 | 12,682 | 14,878 | |||
| TOTAL LIABILITIES AND EQUITY: | 91,502 | 96,834 | 126,532 | 115,924 | 63,035 | 59,719 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 TTM | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 170,440 | 186,449 | 316,863 | 146,419 | 82,429 | 84,354 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (115,540) | (130,777) | (250,666) | (113,986) | (58,908) | (59,248) | ||
| Gross profit: | 54,900 | 55,672 | 66,197 | 32,433 | 23,521 | 25,106 | ||
| Operating expenses | (52,679) | (53,073) | (56,699) | (28,482) | (25,245) | (23,527) | ||
| Operating income (loss): | 2,221 | 2,599 | 9,498 | 3,951 | (1,724) | 1,579 | ||
| Nonoperating expense | (409) | (798) | (7,601) | |||||
| Investment income, nonoperating | (399) | (798) | (7,601) | |||||
| Other nonoperating expense | (10) | |||||||
| Interest and debt expense | 21 | 2,895 | (9) | (10) | ||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 1,833 | 1,801 | 1,897 | 6,846 | (1,733) | 1,569 | ||
| Other undisclosed loss from continuing operations before income taxes | (1,347) | (1,276) | (1,845) | (682) | (497) | (623) | ||
| Income (loss) from continuing operations before income taxes: | 486 | 525 | 52 | 6,164 | (2,230) | 946 | ||
| Income tax expense (benefit) | 153 | 198 | (2,190) | (961) | 505 | (330) | ||
| Income (loss) from continuing operations: | 639 | 723 | (2,138) | 5,203 | (1,725) | 616 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (2,138) | 5,203 | (1,725) | 616 | |
| Net income (loss) attributable to parent: | 639 | 723 | (2,138) | 5,203 | (1,725) | 616 | ||
| Preferred stock dividends and other adjustments | (284) | (284) | (586) | (766) | ||||
| Other undisclosed net loss available to common stockholders, basic | (404) | (675) | (913) | |||||
| Net income (loss) available to common stockholders, diluted: | 355 | 439 | (3,128) | 4,437 | (2,400) | (297) | ||
Comprehensive Income ($ in thousands)
| 6/30/2024 TTM | 12/31/2023 TTM | 9/30/2023 | 9/30/2022 | 9/30/2021 | 9/30/2020 | 9/30/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 639 | 723 | (2,138) | 5,203 | (1,725) | 616 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 639 | 723 | (2,138) | 5,203 | (1,725) | 616 | ||
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.