Radiant Logistics Files 2024 10-K
Ticker: RLGT · Form: 10-K · Filed: Sep 12, 2024 · CIK: 1171155
| Field | Detail |
|---|---|
| Company | Radiant Logistics, Inc (RLGT) |
| Form Type | 10-K |
| Filed Date | Sep 12, 2024 |
| Risk Level | medium |
| Pages | 14 |
| Reading Time | 17 min |
| Key Dollar Amounts | $0.001, $319.2 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, logistics
TL;DR
Radiant Logistics dropped its 2024 10-K. All systems go.
AI Summary
Radiant Logistics, Inc. filed its 10-K for the fiscal year ending June 30, 2024. The company, formerly known as Golf Two Inc., is incorporated in Delaware and operates in freight transportation. Key financial details and operational aspects are disclosed in this annual report.
Why It Matters
This filing provides investors and stakeholders with a comprehensive overview of Radiant Logistics' financial performance, operational status, and strategic direction for the past fiscal year.
Risk Assessment
Risk Level: medium — The filing is a standard annual report and does not inherently indicate new or elevated risks.
Key Numbers
- 20240630 — Fiscal Year End (The reporting period concludes on this date.)
- 2023-07-01 — Fiscal Year Start (The reporting period begins on this date.)
Key Players & Entities
- RADIANT LOGISTICS, INC (company) — Filer
- 20240630 (date) — Fiscal Year End
- GOLF TWO INC (company) — Former Company Name
- DE (location) — State of Incorporation
- WA (location) — State of Business Address
- 425-462-1094 (phone_number) — Business Phone
- Bank Of America NA And Bmo Capital Markets Corp (company) — Lender
FAQ
What is Radiant Logistics' primary business activity?
Radiant Logistics, Inc. operates in the arrangement of transportation of freight and cargo, as indicated by its SIC code [4731].
When did Radiant Logistics change its name from Golf Two Inc.?
The company changed its name from Golf Two Inc. on April 15, 2002.
What is the company's principal executive office location?
The company's business address is located at 700 S Renton Village Place, Seventh Floor, Renton, WA 98057.
What is the filing date of this 10-K report?
This 10-K report was filed on September 12, 2024.
Who are some of the financial institutions mentioned in relation to Radiant Logistics' credit facilities?
Bank Of America NA and Bmo Capital Markets Corp are mentioned in relation to a revolving credit facility.
Filing Stats: 4,239 words · 17 min read · ~14 pages · Grade level 16.9 · Accepted 2024-09-12 16:55:27
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 Par Value RLGT NYSE American Secu
- $319.2 billion — nd Canada is estimated at approximately $319.2 billion annually. Because non-asset-based com
Filing Documents
- rlgt-20240630.htm (10-K) — 3290KB
- rlgt-ex4_5.htm (EX-4.5) — 22KB
- rlgt-ex21_1.htm (EX-21.1) — 33KB
- rlgt-ex23_1.htm (EX-23.1) — 4KB
- rlgt-ex31_1.htm (EX-31.1) — 12KB
- rlgt-ex31_2.htm (EX-31.2) — 12KB
- rlgt-ex32_1.htm (EX-32.1) — 11KB
- rlgt-ex97_1.htm (EX-97.1) — 61KB
- img201912905_0.jpg (GRAPHIC) — 81KB
- 0000950170-24-105991.txt ( ) — 12693KB
- rlgt-20240630.xsd (EX-101.SCH) — 1591KB
- rlgt-20240630_htm.xml (XML) — 2315KB
Forward-Looking Statements
Forward-Looking Statements 1 ITEM 1.
BUSINESS
BUSINESS 2 ITEM 1A.
RISK FACTORS
RISK FACTORS 10 ITEM 1B. UNRESOLVED STAFF COMMENTS 24 ITEM 1C. CYBERSECURITY 24 ITEM 2.
PROPERTIES
PROPERTIES 26 ITEM 3.
LEGAL PROCEEDINGS
LEGAL PROCEEDINGS 26 ITEM 4. MINE SAFETY DISCLOSURES 26 PART II ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES 27 ITEM 6. [Reserved] 28 ITEM 7.
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 29 ITEM 7A.
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 38 ITEM 8.
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA 39 ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE 66 ITEM 9A.
CONTROLS AND PROCEDURES
CONTROLS AND PROCEDURES 66 ITEM 9B. OTHER INFORMATION 68 ITEM 9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS 68 PART III ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE 69 ITEM 11.
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 69 ITEM 12.
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS, AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS, AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 69 ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE 69 ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES 69 PART IV ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES 70 ITEM 16. FORM 10-K SUMMARY 74
Signatures
Signatures 75 i Table of Contents CAUTIONARY STATEME NT ABOUT FORWARD-LOOKING STATEMENTS This report contains "forward-looking statements" within the meaning set forth in United States securities laws and regulations – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business, financial performance and financial condition, and often contain words such as "anticipate," "believe," "estimates," "expect," "future," "intend," "may," "plan," "see," "seek," "strategy," or "will" or the negative thereof or any variation thereon or similar terminology or expressions. These forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. We have developed our forward-looking statements based on management's beliefs and assumptions, which in turn rely upon information available to them at the time such statements were made. Such forward-looking statements reflect our current perspectives on our business, future performance, existing trends and information as of the date of this report. These include, but are not limited to, our beliefs about future revenue and expense levels, growth rates, prospects related to our strategic initiatives and business strategies, along with express or implied assumptions about, among other things: our continued relationships with our strategic operating partners; the performance of our historic business, as well as the businesses we have recently acquired, at levels consistent with recent trends and reflective of the synergies we believe will be available to us as a result of such acquisitions; our ability to successfully integrate our recently acquired