Radiant Logistics, Inc. (NYSE American: RLGT) announces robust financial performance for the fiscal year ended June 30, 2025, with significant revenue and profit growth.
The company made key acquisitions, including USA Logistics Services, Inc., USA Carrier Services, LLC, Universal Logistics, Inc., and an 80% ownership interest in Weport, S.A. de C.V., enhancing its global transportation and logistics capabilities.
Additionally, Radiant Logistics conducted a stock buy-back program during the fiscal year.
CEO Bohn Crain emphasized the positive impact of acquisitions on the company's adjusted EBITDA, reflecting a 24.4% increase over the previous year.
Revenue Growth
Revenues increased by $100.2 million to $902.7 million, a 12.5% growth compared to the prior year.
Profit Expansion
Adjusted net income rose by 36.7% to $30.9 million, demonstrating strong profitability enhancements.
Strategic Acquisitions
Acquisitions of key companies like USA Logistics Services, Inc., USA Carrier Services, LLC, Universal Logistics, Inc., and Weport, S.A. de C.V. bolstered Radiant Logistics' service offerings and global presence.
Stock Buy-Back Program
Radiant Logistics repurchased 145,717 shares at an average cost of $5.48 per share, indicating confidence in the company's performance.
CEOs Perspective
CEO Bohn Crain highlighted the impact of acquisitions on the company's financial success, with adjusted EBITDA reaching $38.8 million.
- The financial results showcase Radiant Logistics' ability to capitalize on market opportunities and drive revenue growth.
- Strategic acquisitions have strengthened the company's market position and expanded its service capabilities globally, setting the stage for further growth.
- The stock buy-back initiative reflects management's confidence in Radiant Logistics' future performance and commitment to enhancing shareholder value.
- CEO Bohn Crain's positive outlook on the company's financial performance underscores the effectiveness of the acquisition strategy and operational efforts.
Radiant Logistics' impressive fiscal year 2025 results underscore its strategic focus on growth through acquisitions and operational efficiencies. The strong financial performance and acquisition successes position the company well for continued expansion and success in the global logistics market.