Radiant Logistics Files Q2 2025 10-Q

TL;DR

Radiant Logistics (RLGT) Q2 2025 10-Q filed. Financials and operations update.

AI Summary

Radiant Logistics, Inc. filed its 10-Q for the period ending December 31, 2024. The filing details financial performance and operational updates for the second quarter of fiscal year 2025. Key financial data and business segments are presented, including information on property, plant, and equipment, as well as fair value measurements for contingent consideration.

Why It Matters

This filing provides investors with a crucial update on Radiant Logistics' financial health and operational performance for the second quarter of fiscal year 2025, impacting investment decisions.

Risk Assessment

Risk Level: medium — 10-Q filings are standard financial reports, but the specific details within can reveal risks related to financial performance, operations, or market conditions.

Key Numbers

• Q2 --06-30 false 2025 — Fiscal Quarter/Year (Reporting period for the 10-Q filing.)
• 2024-12-31 — As of Date (The end date for the financial reporting period.)
• 2025-02-10 — Filing Date (The date the report was officially submitted to the SEC.)

Key Players & Entities

• RADIANT LOGISTICS, INC (company) — Filer
• 2024-12-31 (date) — Period of Report
• 2025-02-10 (date) — Filing Date
• 001-35392 (company) — SEC File Number
• 700 S RENTON VILLAGE PLACE (address) — Business Address
• Renton, WA (location) — Business Address City/State
• 425-462-1094 (phone_number) — Business Phone

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 Par Value RLGT NYSE American Indi

Filing Documents

• rlgt-20241231.htm (10-Q) — 4166KB
• rlgt-ex31_1.htm (EX-31.1) — 13KB
• rlgt-ex31_2.htm (EX-31.2) — 13KB
• rlgt-ex32_1.htm (EX-32.1) — 13KB
• 0000950170-25-017143.txt ( ) — 13841KB
• rlgt-20241231.xsd (EX-101.SCH) — 1373KB
• rlgt-20241231_htm.xml (XML) — 2883KB

FINANCIAL INFORMATION

PART I. FINANCIAL INFORMATION Item 1.

Financial Statements (Unaudited)

Financial Statements (Unaudited) Condensed Consolidated Balance Sheets as of December 31, 2024 and June 30, 2024 3 Condensed Consolidated Statements of Comprehensive Income for the Three and Six Months Ended December 31, 2024 and 2023 4 Condensed Consolidated Statements of Changes in Equity for the Three and Six Months Ended December 31, 2024 and 2023 5 Condensed Consolidated Statements of Cash Flows for the Six Months Ended December 31, 2024 and 2023 7 Notes to Condensed Consolidated Financial Statements 8 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 26 Item 3.

Quantitative and Qualitative Disclosures about Market Risk

Quantitative and Qualitative Disclosures about Market Risk 35 Item 4.

Controls and Procedures

Controls and Procedures 35

OTHER INFORMATION

PART II. OTHER INFORMATION Item 1.

Legal Proceedings

Legal Proceedings 37 Item 1A.

Risk Factors

Risk Factors 37 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 37 Item 5. Other Information 37 Item 6. Exhibits 38

Signatures

Signatures 39 2 Table of Contents RADIANT LOG ISTICS, INC. Condensed C onsolidated Balance Sheets December 31, June 30, (In thousands, except share and per share data) 2024 2024 (unaudited) ASSETS Current assets: Cash and cash equivalents $ 19,908 $ 24,874 Accounts receivable, net of allowance of $ 2,255 and $ 2,103 , respectively 113,440 118,016 Contract assets 8,197 7,615 Income tax receivable 3,101 3,133 Prepaid expenses and other current assets 8,222 10,567 Total current assets 152,868 164,205 Property, technology, and equipment, net 24,946 25,558 Goodwill 104,269 93,043 Intangible assets, net 44,451 34,943 Operating lease right-of-use assets 57,561 49,850 Deposits and other assets 2,666 3,586 Total other long-term assets 208,947 181,422 Total assets $ 386,761 $ 371,185 LIABILITIES AND EQUITY Current liabilities: Accounts payable $ 64,346 $ 73,558 Operating partner commissions payable 10,198 13,291 Accrued expenses 10,322 8,948 Current portion of operating lease liabilities 12,598 11,629 Current portion of finance lease liabilities 699 643 Current portion of contingent consideration 4,825 455 Other current liabilities 5,114 1,927 Total current liabilities 108,102 110,451 Operating lease liabilities, net of current portion 52,372 45,026 Finance lease liabilities, net of current portion 1,109 677 Contingent consideration, net of current portion 9,427 4,710 Deferred tax liabilities 1,003 812 Other long-term liabilities 200 — Total long-term liabilities 64,111 51,225 Total liabilities 172,213 161,676 Commitments and contingencies (Note 15) Equity: Common stock, $ 0.001 par value, 100,000,000 shares authorized; 52,162,136 and 51,844,249 shares issued, and 46,997,470 and 46,808,943 shares outstanding, respectively 34 33 Additional paid-in capital

View Full Filing

View this 10-Q filing on SEC EDGAR