Radiant Logistics

Radiant Logistics, Inc. is a non-asset-based global transportation and supply chain management company. The firm through its comprehensive service offering, provides domestic and international freight forwarding services, truckload services, less than truckload services, intermodal services, truck and rail brokerage services, and other value-added supply chain management services, including customs brokerage, order fulfillment, inventory management, and warehousing to a diversified account base including manufacturers, distributors, and retailers using a network of independent carriers and international agents positioned strategically around the world. It operates through the following geographical segments: United States and Canada. The company was founded by Bohn H. Crain in March 15, 2001 and is headquartered in Renton, WA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Radiant Logistics excels in Q4, eyes growth through acquisitions

Radiant Logistics showcased robust financial performance and operational resilience amidst challenges, emphasizing growth and stability.
Efforts to enhance accounting processes post-restatement and maintain a strong financial position through strategic decisions were highlighted.
The company's focus on a balanced capital allocation strategy and leveraging its global network for growth signals a promising outlook for future success.

RLGT reports resilient Q1 performance and pursues M&A opportunities

RLGT's Q1 2023 performance reflects resilience in a challenging market environment, with a focus on maintaining a strong financial position and creating shareholder value. The company is cautiously optimistic about market trends and is actively pursuing M&A opportunities while remaining virtually debt-free.

Radiant Logistics resilient in challenging market, focuses on financial strength

Radiant Logistics reported a resilient performance amidst challenging market conditions, generating over $9 million in adjusted EBITDA for the quarter and achieving a record $97.9 million cash from operations for the fiscal year. The company's focus on debt reduction, stock repurchases, and maintaining a strong financial position underscores its commitment to stability and growth.

Radiant Logistics reports $11M EBITDA, eyes growth through acquisitions

Radiant Logistics navigated challenges in Q3 from market volatility but maintained resilience in core domestic forwarding services.
The company's virtually debt-free status and focus on strategic initiatives like stock buybacks position it well for long-term growth.
Despite decreases in net income and adjusted EBITDA, Radiant remains optimistic about market recovery and growth opportunities through acquisitions.

Radiant Logistics reports solid Q4 performance amidst market challenges

Radiant Logistics navigated market challenges in Q4 2023, reporting solid financial performance and a focus on financial strength.
While facing a decrease in key metrics, the company remains committed to growth through technology, acquisitions, and shareholder value creation.
Analysts' inquiries into market dynamics and strategies reflect a cautious optimism for Radiant's future growth and financial resilience.

Radiant Logistics reports resilient Q1 performance amidst market challenges

Radiant Logistics navigated challenging freight markets in Q1 2024, delivering solid financial performance and maintaining liquidity.
The company's strategic focus on stock buybacks, margin improvement, and acquisitions positions it well for future growth.
While facing challenges from soft ocean business and economic shifts, Radiant remains optimistic about capitalizing on opportunities for expansion.

Radiant Logistics reports resilient financials amidst market challenges

Radiant Logistics navigated challenging freight markets to report solid financials for the 6 months ended December 31, 2023. While facing decreases in net income and adjusted EBITDA, the company remains focused on profitable growth, leveraging acquisitions, and enhancing shareholder value. Engaging with agent stations for acquisitions and optimizing their balance sheet are key strategies moving forward.

Radiant Logistics reports robust Q3 earnings amid market challenges

Radiant Logistics (RLGT) reported a strong Q3 performance amidst challenges in the freight market, showcasing sequential improvements and revenue growth. The company's financial strength, recent acquisitions, and focus on profitable growth underscore its commitment to creating value for stakeholders. While facing market challenges, Radiant Logistics remains optimistic about leveraging technology and strategic initiatives for future growth.

Radiant Logistics reports robust Q4 performance and eyes strategic growth

Radiant Logistics (RLGT) delivered a strong performance in Q4 2024, marked by significant financial improvements and strategic initiatives for growth and profitability.
With a focus on acquisitions, financial stability, and leveraging technology, the company is poised for continued success and value creation in the upcoming fiscal year.
While facing operational challenges and market uncertainties, Radiant Logistics remains optimistic about their ability to drive growth, create value, and expand their market presence.

Radiant Logistics reports steady Q1 earnings amidst tariff challenges

Radiant Logistics delivered steady financial performance in Q1 2025, with notable increases in adjusted net income.
While facing challenges from tariffs and market softness, the company's acquisitions and balance sheet strength provide resilience.
Opportunities lie in capitalizing on e-commerce growth, robust ocean pricing, and the potential for improved performance ahead.
Overall, Radiant Logistics navigated the quarter well, setting the stage for continued growth and operational efficiency.

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Radiant Logistics, Inc. is a non-asset-based global transportation and supply chain management company. The firm provides domestic and international freight forwarding services, truckload services, less than truckload services, intermodal services, truck and rail brokerage services, and other value-added supply chain management services. It operates through the United States and Canada geographical segments. The company was founded by Bohn H. Crain on March 15, 2001 and is headquartered in Renton, WA.

Strengthens Brokerage Platform with Enhanced Intermodal Capabilities RENTON, Wash. , Dec. 3, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a leading provider of technology-enabled global transportation and value added logistics solutions, today announced it has acquired the assets and operations of TCB Transportation Associates, LLC d/b/a TCB Transportation ("TCB"), a St Louis, Missouri-based, privately held intermodal marketing company specializing in the movement of 40 and 53-foot containers across North America.

RADIANT LOGISTICS ACQUIRES TCB TRANSPORTATION

Initiated a buy rating for Radiant Logistics in August 2024, resulting in an 18.4% stock gain versus 6.7% for the S&P 500. Despite a 3.5% revenue decline in Q1 FY25, Radiant Logistics maintained stable profits by reducing variable costs, showcasing effective cost control. Radiant Logistics has minimal debt, making it fair to value the company at its elevated median EV/EBITDA, implying a 27% upside to $9.41.

Radiant Logistics: A High-Risk Investment Opportunity

Raidant Logistics, Inc. (NYSE:RLGT ) Q1 2025 Earnings Conference Call November 12, 2024 4:30 PM ET Company Participants Bohn Crain - Founder and CEO Todd Macomber - CFO Conference Call Participants Jason Seidl - TD Cowen Jeff Kauffman - Vertical Research Partners Mark Argento - Lake Street Capital Kevin Gainey - Thompson Davis Operator Good afternoon, Bohn Crain, Radiant Logistics' Founder and CEO and Radiant's Chief Financial Officer, Todd Macomber will provide a general business update and discuss financial results for the company's first fiscal quarter ended September 30, 2024. Following their comments, we will open the call to questions.

Raidant Logistics, Inc. (RLGT) Q1 2025 Earnings Call Transcript

Continues to deliver solid financial results in face of continued market headwinds; Further progress in green-field and strategic operating partner acquisitions; Well positioned for further growth with $200 million credit facility RENTON, Wash. , Nov. 12, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, today reported financial results for the three months ended September 30, 2024.

RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE FIRST FISCAL QUARTER ENDED SEPTEMBER 30, 2024

Call Scheduled for Tuesday, November 12, at 4:30 PM Eastern RENTON, Wash. , Nov. 5, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, will host a conference call on Tuesday, November 12, 2024 at 4:30 PM Eastern to discuss the Company's financial results for the three months ended September 30, 2024.

RADIANT LOGISTICS TO HOST INVESTOR CALL TO DISCUSS FINANCIAL RESULTS FOR FIRST FISCAL QUARTER ENDED SEPTEMBER 30, 2024

RENTON, Wash. , Oct. 2, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a leading provider of technology-enabled global transportation and value added logistics solutions, today announced it has acquired the operations Focus Logistics, Inc. ("Focus"), a Michigan based, privately held company with operations in Romulus, Michigan that has operated under the Company's Service By Air brand since 2006.

RADIANT LOGISTICS ACQUIRES STRATEGIC OPERATING PARTNER FOCUS LOGISTICS, INC.

Radiant Logistics, Inc. (NYSE:RLGT ) Q4 2024 Earnings Conference Call September 12, 2024 4:30 PM ET Company Participants Bohn Crain - Founder & CEO Todd Macomber - CFO Conference Call Participants Elliot Alper - TD Cowen Kevin Gainey - Thompson, Davis & Company, Inc. Jeff Kauffman - Vertical Research Operator This afternoon, Bohn Crain, Radiant Logistics' Founder and CEO and Radiant's Chief Financial Officer, Todd Macomber will provide a general business update and discuss financial results for the company's fourth fiscal quarter and year ended June 30, 2024. Following their comments, we will open the call to questions.

Radiant Logistics, Inc. (RLGT) Q4 2024 Earnings Call Transcript

Financial results inflect to the positive with sequential quarterly improvement;Continued progress in green-field and strategic operating partners acquisitions;Debt free and well positioned for further growth as market conditions improve RENTON, Wash. , Sept. 12, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, today reported financial results for the three and twelve months ended June 30, 2024.

RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE FOURTH FISCAL QUARTER AND YEAR ENDED JUNE 30, 2024

DALLAS--(BUSINESS WIRE)--Generational Capital Markets (GCM), a member of FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Foundation Logistics, to Radiant Logistics. The acquisition was effective on September 1, 2024. Located in Humble, Texas, Foundation Logistics is a privately held company offering a full range of specialized transportation and logistics services for the oil and gas industry. Founded in 201.

Generational Capital Markets Advises Foundation Logistics in its sale to Radiant Logistics

RENTON, Wash. , Sept. 5, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), today announced the appointment of industry veteran Laurent Grousseau as its Senior Vice President and Chief Technology Officer ("CTO").

RADIANT NAMES INDUSTRY VETERAN LAURENT GROUSSEAU AS ITS NEW CHIEF TECHNOLOGY OFFICER

Strengthens Capabilities in Support of the Oil and Gas Industry RENTON, Wash. , Sept. 4, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a leading provider of technology-enabled global transportation and value added logistics solutions, today announced it has acquired Foundation Logistics & Services, LLC  ("Foundation"), a Humble, Texas -based, privately held company that provides a full range of specialized transportation and logistics services for companies involved in the exploration, drilling, and production of oil and gas.

RADIANT LOGISTICS ACQUIRES TEXAS-BASED FOUNDATION LOGISTICS

Call Scheduled for Thursday, September 12, at 4:30 PM Eastern RENTON, Wash. , Sept. 3, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, will host a conference call on Thursday, September 12, 2024 at 4:30 PM Eastern to discuss the Company's financial results for the three and twelve months ended June 30, 2024.

RADIANT LOGISTICS TO HOST INVESTOR CALL TO DISCUSS FINANCIAL RESULTS FOR FOURTH FISCAL QUARTER AND YEAR ENDED JUNE 30, 2024

Radiant Logistics, a non-asset based 3PL service provider, has grown significantly but faces thin margins and macroeconomic risks. Despite a 24.4% revenue decline in Q3, the company managed to flex costs down, though operating income turned negative. Opportunities include M&A for market share and converting agent stations to company-owned, potentially improving margins.

Radiant Logistics: A High Risk, High Reward Growth Opportunity

Set to provide mission critical support in transportation and logisticsservices for personnel and equipment across the globe RENTON, Wash. , Aug. 21, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a leading provider of technology-enabled global transportation and value added logistics solutions, today announced it has been named, through its wholly-owned subsidiary Radiant Global Logistics, Inc., as a global transportation provider for personnel and emergency disaster equipment for the Bureau of Humanitarian Assistance, in conjunction with USAID.

RADIANT LOGISTICS AWARDED 5 YEAR CONTRACT WITH USAID

Strengthens Company's presence in Portland, Oregon RENTON, Wash. , June 6, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a leading provider of technology-enabled global transportation and value added logistics solutions, today announced it has acquired the operations of DVA Associates, Inc. ("DVA"), a Portland, Oregon based, privately held company that provides a full range of domestic and international transportation and logistics services across North America.

RADIANT LOGISTICS ACQUIRES OPERATIONS OF DVA ASSOCIATES, INC.

RENTON, Wash. , June 3, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a leading provider of technology-enabled global transportation and value-added logistics solutions, today announced it has acquired the operations Cascade Transportation, Inc. ("Cascade"), a Seattle-based, privately held company that provides a full range of customized time critical domestic and international transportation and logistics services.

RADIANT LOGISTICS ACQUIRES OPERATIONS OF SEATTLE-BASED CASCADE TRANSPORTATION, INC.

The company's revenues declined by 24.4% year on year to $184.6 million while the operating income was negative in Q3 FY24. Radiant Logistics is operating in a challenging market, and I think Q4 FY24 could be another tough quarter. The company still looks undervalued, and I think it could book an EBITDA of about $44 million by FY26.

Radiant Logistics Looks Cheap But The Core Market Remains Under Pressure (Rating Downgrade)

Radiant Logistics, Inc. (NYSE:RLGT ) Q3 2024 Results Conference Call May 9, 2024 4:30 PM ET Company Participants Bohn Crain - Founder & Chief Executive Officer Todd Macomber - Chief Financial Officer Conference Call Participants Mark Argento - Lake Street Capital Kevin Gainey - Thompson, Davis & Company, Inc. Jason Seidl - TD Cowen Jeff Kauffman - Vertical Research Mike Vermut - Newland Capital Operator Good day. This afternoon, Bohn Crain, Radiant Logistics' Founder and CEO; and Radiant Chief Financial Officer, Todd Macomber, will provide a general business update and discuss financial results for the company's third fiscal quarter and 9-month ended March 31, 2024.

Radiant Logistics, Inc. (RLGT) Q3 2024 Earnings Call Transcript

Debt free and well positioned for further growth as market conditions improve;Continued progress in acquisition of strategic operating partners RENTON, Wash. , May 9, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, today reported financial results for the three and nine months ended March 31, 2024.

RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE THIRD FISCAL QUARTER ENDED MARCH 31, 2024

Call Scheduled for Thursday, May 9, at 4:30 PM Eastern RENTON, Wash. , May 1, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, will host a conference call on Thursday, May 9, 2024 at 4:30 PM Eastern to discuss the Company's financial results for the three and nine months ended March 31, 2024.

RADIANT LOGISTICS TO HOST INVESTOR CALL TO DISCUSS FINANCIAL RESULTS FOR THIRD FISCAL QUARTER ENDED MARCH 31, 2024

RENTON, Wash. , April 18, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a leading provider of technology enabled global transportation and value-added logistics solutions, is pleased to announce it has been recognized by Transport Topics in both the Logistics Top 100 as well as the Freight Brokerage Top 100 for 2024.

IT'S THE NETWORK THAT DELIVERS: RADIANT RECOGNIZED AS A TOP 100 LOGISTICS AND TOP 100 FREIGHT BROKERAGE PROVIDER FOR 2024

RENTON, Wash. , April 3, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a leading provider of technology-enabled global transportation and value added logistics solutions, today announced it has acquired the operations of Viking Worldwide, Inc. ("Viking"), a Minnesota based, privately held company with operations in both Minneapolis, Minnesota and Houston, Texas that has operated under the Company's Service By Air brand since 2012.

RADIANT LOGISTICS ACQUIRES STRATEGIC OPERATING PARTNER VIKING WORLDWIDE, INC.

In my view, the company booked a decent EBITDA of $5.5 million in Q2 FY24 amid a weak US freight market. It has often traded at 7-10x EV/EBITDA in the past decade and is starting to look cheap compared to FY18 when it had a similar EBITDA margin. In addition, the company is trading at a historically low price to tangible book value multiple of 2.8x.

Radiant Logistics: Cheap At 8.5x EV/EBITDA In A Tough Market (Rating Upgrade)

RENTON, Wash. , Feb. 12, 2024 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, today announced the continued expansion of its Service By Air ("SBA") network with a new location in San Antonio, Texas.

RADIANT LOGISTICS ANNOUNCES FURTHER EXPANSION OF ITS SERVICE BY AIR NETWORK WITH NEW OPERATIONS IN SAN ANTONIO, TEXAS

Radiant Logistics, Inc. (RLGT) Q2 2024 Earnings Call Transcript

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