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Radiant Logistics Announces Q1 FY2025 Financial Results

Radiant Logistics, Inc. (NYSE American: RLGT), a leading name in global transportation and value-added logistics services, shared its performance data today for the quarter that concluded on September 30, 2025. The results reflect a blend of progress in acquisitions, stock buy-backs, and adaptation to a challenging transportation environment.

Financial Highlights

In the first quarter of FY2025, Radiant Logistics reported revenues of $226.7 million, an increase of 11.3% from the same period last year, where revenues stood at $203.6 million. The gross profit climbed to $57.1 million, showing a 5.5% rise compared to $54.1 million a year prior. In terms of adjusted gross profit, which is a non-GAAP measure, the figure reached $59.5 million, reflecting a 3.3% increase year-on-year.

Despite the impressive revenue and profit figures, the company's net income declined to $1.3 million or $0.03 per share, down from $3.4 million or $0.07 per share in the prior year. Adjusted net income showed a significant drop of 43%, totaling $4.5 million compared to $7.9 million in the previous year. However, if one normalizes this for a one-time adjustment due to a bad debt expense associated with First Brands' bankruptcy, adjusted net income would have been $5.5 million.

Furthermore, the adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was $6.8 million, down from $9.5 million in the same period the previous year. Again, after excluding the one-time charge from First Brands, it would have been a healthier $8.1 million.

Strategic Moves

A notable component of Radiant's recent strategy includes their acquisition of an 80% stake in Weport, S.A. de C.V., a company based in Mexico, which enhances their capabilities in global logistics. This deal is structured to tie payments to future integrations and performance—a strategy they have employed in earlier acquisitions as well.

Additionally, Radiant has been active in repurchasing its shares. In the latest quarter, the company bought back 139,992 shares at an average cost of $5.96, totaling $0.8 million. This trend continued with an additional 341,466 shares repurchased until November 7, 2025, costing an aggregate of $2.0 million.

CEO Bohn Crain expressed optimism about the company’s performance despite the freight market's difficulties. "Excluding the unusual and one-time bad debt expense, our adjusted EBITDA would reflect stronger operational efficiency. We recognize organic growth opportunities, particularly within our logistics and technology services, fueled by the debut of our proprietary platform, Navegate," he stated.

The Navegate platform is designed to consolidate and visualize supply-chain data, proving vital for customers aiming to enhance their shipping decisions. According to Crain, its rapid deployment offers a competitive edge in the marketplace.

Future Outlook

Moving forward, Radiant is committed to maintaining strategic growth through a combination of acquisitions, organic initiatives, and stock buy-backs. Their low leverage place them in a solid position, supporting investments in growth opportunities while cooperating with their diverse customer base across critical markets including Mexico.

With a virtually debt-free status and significant credit facilities at their disposal, Radiant Logistics remains well-equipped to tackle the challenges ahead and maximize their expansion potential in the logistics sector.

For a detailed overview of Radiant Logistics' fiscal condition and to gain insights into future strategies, the company will hold a conference call on November 10, 2025, at 4:30 PM Eastern Time, accessible to all interested stakeholders.

Radiant Logistics continues to navigate the complexities of the logistics landscape, demonstrating resilience and innovation as core components of their business model. As they embrace technological advancements and market expansion, all eyes will be on their forthcoming initiatives and growth trajectory in FY2025 and beyond.