RADIANT LOGISTICS INC

For the period ended Jun 30, 2024. Filed Sep 12, 2024.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Sep 12, 2024

RLGT$9.14+2.8%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

	June 30,
(In thousands, except share and per share data)	2024	2023
ASSETS
Current assets:
Cash and cash equivalents	$24,874	$32,456
Accounts receivable, net of allowance of $2,103 and $2,776, respectively	118,016	126,725
Contract assets	7,615	6,180
Income tax receivable	3,133	—
Prepaid expenses and other current assets	10,567	15,211
Total current assets	164,205	180,572
Property, technology, and equipment, net	25,558	25,389
Goodwill	93,043	89,203
Intangible assets, net	34,943	36,641
Operating lease right-of-use assets	49,850	56,773
Deposits and other assets	3,586	5,163
Total other long-term assets	181,422	187,780
Total assets	$371,185	$393,741
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable	$73,558	$84,561
Operating partner commissions payable	13,291	18,360
Accrued expenses	8,948	8,739
Income tax payable	—	369
Current portion of notes payable	—	4,107
Current portion of operating lease liabilities	11,629	11,273
Current portion of finance lease liabilities	643	620
Current portion of contingent consideration	455	3,886
Other current liabilities	1,927	258
Total current liabilities	110,451	132,173
Operating lease liabilities, net of current portion	45,026	52,120
Finance lease liabilities, net of current portion	677	1,121
Contingent consideration, net of current portion	4,710	287
Deferred tax liabilities	812	2,944
Total long-term liabilities	51,225	56,472
Total liabilities	161,676	188,645
Commitments and contingencies (Note 15)
Equity:
Common stock, $0.001 par value, 100,000,000 shares authorized; 51,844,249 and 51,603,386 shares issued, and 46,808,943 and 47,294,529 shares outstanding, respectively	33	33
Additional paid-in capital	110,763	108,516
Treasury stock, at cost, 5,035,306 and 4,308,857 shares, respectively	(31,166)	(27,067)
Retained earnings	133,278	125,593
Accumulated other comprehensive loss	(3,546)	(2,205)
Total Radiant Logistics, Inc. stockholders’ equity	209,362	204,870
Non-controlling interest	147	226
Total equity	209,509	205,096
Total liabilities and equity	$371,185	$393,741

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.