Greystone Logistics 10-Q: Customer Concentration Risk Highlighted
Ticker: GLGI · Form: 10-Q · Filed: Apr 11, 2025 · CIK: 1088413
| Field | Detail |
|---|---|
| Company | Greystone Logistics, Inc. (GLGI) |
| Form Type | 10-Q |
| Filed Date | Apr 11, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, customer-concentration, risk-disclosure
TL;DR
GREYSTONE LOGISTICS 10-Q: Relying on just 2-4 customers. Big risk if one leaves.
AI Summary
Greystone Logistics, Inc. filed its 10-Q for the period ending February 28, 2025. The filing details revenue from contract with customers and highlights customer concentration risk, noting that the company has between two to four customers. Specific financial figures and comparative periods are presented within the document.
Why It Matters
This filing is important for investors to understand the company's reliance on a small customer base, which can pose a significant risk to revenue stability.
Risk Assessment
Risk Level: medium — The company's significant reliance on a small number of customers (2-4) presents a substantial risk to its revenue stream.
Key Numbers
- 2-4 — Customers (Indicates customer concentration risk)
Key Players & Entities
- GREYSTONE LOGISTICS, INC. (company) — Filer
- 20250228 (date) — Reporting Period End Date
- 0001088413 (company) — Central Index Key
- 74120 (location) — Business Zip Code
- 918-583-7441 (phone_number) — Business Phone Number
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is February 28, 2025.
What is the primary risk factor highlighted in the filing regarding customers?
The filing highlights customer concentration risk, indicating that Greystone Logistics, Inc. has between two to four customers.
What is the company's Central Index Key (CIK)?
The company's Central Index Key (CIK) is 0001088413.
What is the business address of Greystone Logistics, Inc.?
The business address is 1613 East 15th Street, Tulsa, OK 74120.
What fiscal year end does Greystone Logistics, Inc. have?
Greystone Logistics, Inc. has a fiscal year end of May 31.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on April 11, 2025 regarding GREYSTONE LOGISTICS, INC. (GLGI).