MARKETS / BALCAO / GLGI

BALCAO · SPECIAL INDUSTRY MACHINERY, NEC · SMALL CAP

Greystone Logistics, Inc. GLGI

16 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$27.5M

▼ 52.4% YoY

Net income

$-8.2M

▼ 450.3% YoY

Free cash flow

$-3.5M

▼ 176.2% YoY

In brief

What this company does

Since acquiring Plastic Pallet Production, Inc. in December 1997, Greystone has primarily been engaged in the business of manufacturing and selling plastic pallets. Greystone's primary business is the manufacturing of plastic pallets utilizing recycled plastic, sold through its wholly owned subsidiary, GSM. As of May 31, 2025, Greystone had an aggregate in-house production capacity of approximately 225,000 pallets per month from 14 injection molding machines, 12 located in Bettendorf, IA and 2 in Palmyra, MO. As of May 31, 2025, Greystone had approximately 190 full time employee full-time equivalents. Greystone's existing customers are primarily located in the United States and engaged in the beverage, pharmaceutical and other industries.

Written from the business description in Greystone Logistics, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 29 August 2025. Every sentence was checked against that document before publication.

Growth

USD 27.5M

Revenue, FY2025 · full 16-year series below

Revenue $M Net income $M

FY2025 · Revenue 27.5 · Net income -8.2

Compound annual growth

Revenue

−23.2%

−15.8%

+0.4%

+2.0%

Returned to shareholders

−34.6%

−21.1%

−9.2%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at −15.8% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−30 cents

lost on every revenue dollar

Operating margin Net margin

FY2025 · Operating -28.2% · Net -29.9%

ROE

FY2025 · ROE -52.5%

Gross margin-6.2%

Operating margin-28.2%

Net margin-29.9%

Return on assets-19.8%

EBITDAUSD -1.7M

Each USD of equity lost 52 cents this year.

Cash & shareholders

USD 124,757.00

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF -3.5

Net buybacks $M Dividends $M

FY2025 · Dividends 0.0 · Net buybacks 0.1

Dividends paidUSD 1,610.00

Net buybacksUSD 123,147.00

Share of profit-1.5%

Consecutive raises—

USD 1,610.00 in dividends and USD 123,147.00 in buybacks went back to shareholders in a year without profit.

Total assetsUSD 37.4M

EquityUSD 11.5M

Gross debtUSD 12.0M

Current ratio0.46×

Equity funds 31% of total assets.

The 16-year record

16 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue $B	0.0	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Operating income $B	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
EBITDA $B	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	·
Income tax $B	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.0	·	·	·
Net income $B	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.0
Free cash flow $B	−0.0	0.0	0.0	−0.0	0.0	0.0	0.0	−0.0	0.0	0.0	−0.0	0.0	−0.0	0.0	0.0	0.0
EPS, diluted $	−0.30	0.07	0.15	0.20	0.13	0.10	0.15	0.05	0.04	0.06	0.01	0.00	0.09	0.08	0.08	−0.03
Dividend / sh $	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Payout %	−0	18	14	7	5	11	9	15	22	17	39	49	113	0	3	·
ROE %	−52.5	10.7	23.1	38.4	38.3	42.6	102.6	103.0	271.8	·	·	·	·	·	·	·
Shares out B	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 78 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 17 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivitySpecial Industry Machinery, NEC

Listed onOTC market

Incorporated innot stated in the filings

Fiscal year endsMay 31

SEC categorysmaller reporting company

Data on record since2010