Radiant Logistics Inc. (RLGT) Financial Statements (2024 and earlier)

Company Profile

Business Address 700 S RENTON VILLAGE PLACE
RENTON, WA 98057
State of Incorp. DE
Fiscal Year End June 30
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)

3/31/2024
MRQ
12/31/2023
MRQ
6/30/2023
6/30/2022
6/30/2021
6/30/2020
6/30/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments32,88332,45624,44213,69634,8415,420
Cash and cash equivalents32,88332,45624,44213,69634,8415,420
Restricted cash and investments606606    
Receivables108,436126,725186,492117,34971,83893,123
Contract with customer, asset, after allowance for credit loss7,2276,18061,15427,75316,31217,777
Other undisclosed current assets12,19314,60517,25617,51217,5978,572
Total current assets:161,345180,572289,344176,310140,588124,892
Noncurrent Assets
Property, plant and equipment26,32725,38924,82324,15118,71220,127
Other noncurrent assets175,372187,780183,184156,780140,740122,691
Total noncurrent assets:201,699213,169208,007180,931159,452142,818
TOTAL ASSETS:363,044393,741497,351357,241300,040267,710
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities79,83893,300149,20297,45571,54180,321
Taxes payable 2,713  
Accounts payable71,21384,561137,85387,94165,00374,097
Accrued liabilities8,6258,73911,3496,8016,5386,224
Debt2,4094,7275,1525,18910,6094,088
Restructuring reserve      215
Business combination, contingent consideration, liability 3,8862,6002,6002,127375
Other liabilities300258303345308532
Other undisclosed current liabilities25,01130,00230,40720,7689,13112,891
Total current liabilities:107,558132,173187,664126,35793,71698,422
Noncurrent Liabilities
Long-term debt and lease obligation7041,12167,94260,70857,75932,500
Long-term debt, excluding current maturities   66,71924,00048,09132,500
Finance lease, liability7041,1211,2231,8092,476
Liabilities, other than long-term debt47,66555,35147,1888,77310,3909,508
Deferred rent credit      862
Deferred tax liabilities, net7,838
Deferred income tax liabilities1,4562,9446,4824,0217,484
Restructuring reserve      47
Other liabilities    8993761
Operating lease, liability46,11952,12037,77634,8997,192
Business combination, contingent consideration, liability902872,9304,6632,813 
Total noncurrent liabilities:48,36956,472115,13069,48168,14942,008
Total liabilities:155,927188,645302,794195,838161,865140,430
Equity
Equity, attributable to parent206,877204,870194,377161,110137,366127,034
Common stock333333323231
Treasury stock, value(30,148)(27,067)(16,004)(4,658)(2,749)(253)
Additional paid in capital109,728108,516106,146104,228102,214100,186
Accumulated other comprehensive income (loss)(1,936)(2,205)(796)1,141445187
Retained earnings129,200125,593104,99860,36737,42426,883
Equity, attributable to noncontrolling interest240226180293809246
Total equity:207,117205,096194,557161,403138,175127,280
TOTAL LIABILITIES AND EQUITY:363,044393,741497,351357,241300,040267,710

Income Statement (P&L) ($ in thousands)

3/31/2024
TTM
12/31/2023
TTM
6/30/2023
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Revenues888,2751,085,4861,459,419889,124855,197890,517
Other undisclosed gross profit      (660,416)
Gross profit:888,2751,085,4861,459,419889,124855,197230,101
Operating expenses(872,867)(1,057,365)(1,400,796)(863,143)(837,695)(865,798)
Other undisclosed operating income      660,416
Operating income:15,40828,12158,62325,98117,50224,719
Nonoperating income (expense)(139)(575)(440)3,377(1,981)(2,539)
Investment income, nonoperating2,4911,38423185950
Gain (loss), foreign currency transaction, before tax301755718(189)(125)160
Other nonoperating income308176193704370274
Interest and debt expense(2,303)(3,273)(3,214)5,987(2,885)(3,023)
Income from continuing operations before equity method investments, income taxes:12,96624,27354,96935,34512,63619,157
Other undisclosed income (loss) from continuing operations before income taxes2,3033,2733,214(5,987)2,8853,023
Income from continuing operations before income taxes:15,26927,54658,18329,35815,52122,180
Income tax expense(3,499)(6,305)(12,692)(5,896)(3,157)(4,800)
Income from continuing operations:11,77021,24145,49123,46212,36417,380
Income before gain (loss) on sale of properties:23,46212,36417,380
Net income:11,77021,24145,49123,46212,36417,380
Net loss attributable to noncontrolling interest(837)(646)(1,027)(519)(1,823)(1,034)
Net income attributable to parent:10,93320,59544,46422,94310,54116,346
Preferred stock dividends and other adjustments      (2,615)
Net income available to common stockholders, diluted:10,93320,59544,46422,94310,54113,731

Comprehensive Income ($ in thousands)

3/31/2024
TTM
12/31/2023
TTM
6/30/2023
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Net income:11,77021,24145,49123,46212,36417,380
Other comprehensive income (loss)391(1,409)(1,937)6962581
Other undisclosed comprehensive loss(1,409)     
Comprehensive income:10,75219,83243,55424,15812,62217,381
Comprehensive loss, net of tax, attributable to noncontrolling interest(837)(646)(1,027)(519)(1,823)(1,034)
Comprehensive income, net of tax, attributable to parent:9,91519,18642,52723,63910,79916,347

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.

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