GREYSTONE LOGISTICS, INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that GREYSTONE LOGISTICS, INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2019 | May 31, 2019 | $3.40M | Aug 29, 2019 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $57.87M | Aug 29, 2025 |
| FY2025 | May 31, 2024 | $61.78M | Aug 29, 2025 |
| FY2024 | May 31, 2023 | $60.76M | Sep 13, 2024 |
| FY2023 | May 31, 2022 | $74.17M | Aug 28, 2023 |
| FY2022 | May 31, 2021 | $64.93M | Aug 23, 2022 |
| FY2021 | May 31, 2020 | $76.20M | Aug 20, 2021 |
| FY2020 | May 31, 2019 | $71.08M | Aug 24, 2020 |
| FY2019 | May 31, 2018 | $48.61M | Aug 29, 2019 |
| FY2018 | May 31, 2017 | $40.04M | Aug 29, 2018 |
Revenue (Net Sales)
Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | May 31, 2017 | $40.04M | Aug 25, 2017 |
| FY2017 | May 31, 2016 | $26.34M | Aug 25, 2017 |
| FY2016 | May 31, 2015 | $22.29M | Aug 29, 2016 |
| FY2015 | May 31, 2014 | $23.45M | Aug 31, 2015 |
| FY2014 | May 31, 2013 | $24.09M | Aug 29, 2014 |
| FY2013 | May 31, 2012 | $24.16M | Sep 13, 2013 |
| FY2012 | May 31, 2011 | $20.50M | Sep 14, 2012 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $9.48M | Aug 29, 2025 |
| FY2025 | May 31, 2024 | $11.72M | Aug 29, 2025 |
| FY2024 | May 31, 2023 | $9.33M | Sep 13, 2024 |
| FY2023 | May 31, 2022 | $7.77M | Aug 28, 2023 |
| FY2022 | May 31, 2021 | $11.46M | Aug 23, 2022 |
| FY2021 | May 31, 2020 | $11.48M | Aug 20, 2021 |
| FY2020 | May 31, 2019 | $8.24M | Aug 24, 2020 |
| FY2019 | May 31, 2018 | $7.04M | Aug 29, 2019 |
| FY2018 | May 31, 2017 | $7.47M | Aug 29, 2018 |
| FY2017 | May 31, 2016 | $4.75M | Aug 25, 2017 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $2.35M | Aug 29, 2025 |
| FY2025 | May 31, 2024 | $5.03M | Aug 29, 2025 |
| FY2023 | May 31, 2023 | $6.39M | Aug 28, 2023 |
| FY2023 | May 31, 2022 | $4.55M | Aug 28, 2023 |
| FY2022 | May 31, 2021 | $3.63M | Aug 23, 2022 |
| FY2021 | May 31, 2020 | $4.96M | Aug 20, 2021 |
| FY2020 | May 31, 2019 | $2.06M | Aug 24, 2020 |
| FY2019 | May 31, 2018 | $1.87M | Aug 29, 2019 |
| FY2018 | May 31, 2017 | $2.25M | Aug 29, 2018 |
| FY2017 | May 31, 2016 | $836.1K | Aug 25, 2017 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $4.31M | Aug 29, 2025 |
| FY2025 | May 31, 2024 | $7.14M | Aug 29, 2025 |
| FY2024 | May 31, 2023 | $4.23M | Sep 13, 2024 |
| FY2023 | May 31, 2022 | $2.57M | Aug 28, 2023 |
| FY2022 | May 31, 2021 | $6.25M | Aug 23, 2022 |
| FY2021 | May 31, 2020 | $6.86M | Aug 20, 2021 |
| FY2020 | May 31, 2019 | $4.32M | Aug 24, 2020 |
| FY2019 | May 31, 2018 | $4.00M | Aug 29, 2019 |
| FY2018 | May 31, 2017 | $4.45M | Aug 29, 2018 |
| FY2017 | May 31, 2016 | $2.19M | Aug 25, 2017 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $5.91M | Aug 29, 2025 |
| FY2025 | May 31, 2024 | $5.17M | Aug 29, 2025 |
| FY2024 | May 31, 2023 | $5.10M | Sep 13, 2024 |
| FY2023 | May 31, 2022 | $5.20M | Aug 28, 2023 |
| FY2022 | May 31, 2021 | $5.20M | Aug 23, 2022 |
| FY2021 | May 31, 2020 | $4.62M | Aug 20, 2021 |
| FY2020 | May 31, 2019 | $3.92M | Aug 24, 2020 |
| FY2019 | May 31, 2018 | $3.03M | Aug 29, 2019 |
| FY2018 | May 31, 2017 | $3.02M | Aug 29, 2018 |
| FY2017 | May 31, 2016 | $2.56M | Aug 25, 2017 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $10.29M | Aug 29, 2025 |
| FY2025 | May 31, 2024 | $12.39M | Aug 29, 2025 |
| FY2024 | May 31, 2023 | $3.87M | Sep 13, 2024 |
| FY2023 | May 31, 2022 | $6.64M | Aug 28, 2023 |
| FY2022 | May 31, 2021 | $15.18M | Aug 23, 2022 |
| FY2021 | May 31, 2020 | $8.63M | Aug 20, 2021 |
| FY2020 | May 31, 2019 | $6.82M | Aug 24, 2020 |
| FY2019 | May 31, 2018 | $8.06M | Aug 29, 2019 |
| FY2018 | May 31, 2017 | $6.25M | Aug 29, 2018 |
| FY2017 | May 31, 2016 | $2.92M | Aug 25, 2017 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $5.75M | Aug 29, 2025 |
| FY2025 | May 31, 2024 | $2.80M | Aug 29, 2025 |
| FY2024 | May 31, 2023 | $9.18M | Sep 13, 2024 |
| FY2023 | May 31, 2022 | $6.13M | Aug 28, 2023 |
| FY2022 | May 31, 2021 | $2.91M | Aug 23, 2022 |
| FY2021 | May 31, 2020 | $6.28M | Aug 20, 2021 |
| FY2020 | May 31, 2019 | $7.02M | Aug 24, 2020 |
| FY2019 | May 31, 2018 | $6.71M | Aug 29, 2019 |
| FY2018 | May 31, 2017 | $2.70M | Aug 29, 2018 |
| FY2017 | May 31, 2016 | $4.32M | Aug 25, 2017 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $45.97M | Aug 29, 2025 |
| FY2025 | May 31, 2024 | $52.26M | Aug 29, 2025 |
| FY2024 | May 31, 2023 | $49.53M | Sep 13, 2024 |
| FY2023 | May 31, 2022 | $45.75M | Aug 28, 2023 |
| FY2022 | May 31, 2021 | $43.73M | Aug 23, 2022 |
| FY2021 | May 31, 2020 | $46.46M | Aug 20, 2021 |
| FY2020 | May 31, 2019 | $43.17M | Aug 24, 2020 |
| FY2019 | May 31, 2018 | $34.05M | Aug 29, 2019 |
| FY2018 | May 31, 2017 | $28.52M | Aug 29, 2018 |
| FY2017 | May 31, 2016 | $21.23M | Aug 25, 2017 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $26.10M | Aug 29, 2025 |
| FY2025 | May 31, 2024 | $28.28M | Aug 29, 2025 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $19.88M | Aug 29, 2025 |
| FY2025 | May 31, 2024 | $23.98M | Aug 29, 2025 |
| FY2025 | May 31, 2023 | $19.54M | Aug 29, 2025 |
| FY2023 | May 31, 2022 | $13.70M | Aug 28, 2023 |
| FY2022 | May 31, 2021 | $10.02M | Aug 23, 2022 |
| FY2021 | May 31, 2020 | $6.99M | Aug 20, 2021 |
| FY2020 | May 31, 2019 | $2.68M | Aug 24, 2020 |
| FY2019 | May 31, 2018 | $1.31M | Aug 29, 2019 |
| FY2018 | May 31, 2017 | $68.6K | Aug 29, 2018 |
| FY2017 | May 31, 2016 | ($1.77M) | Aug 25, 2017 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | ($27.63M) | Aug 29, 2025 |
| FY2025 | May 31, 2024 | ($29.56M) | Aug 29, 2025 |
| FY2024 | May 31, 2023 | ($34.00M) | Sep 13, 2024 |
| FY2023 | May 31, 2022 | ($39.84M) | Aug 28, 2023 |
| FY2022 | May 31, 2021 | ($43.78M) | Aug 23, 2022 |
| FY2021 | May 31, 2020 | ($46.81M) | Aug 20, 2021 |
| FY2020 | May 31, 2019 | ($51.11M) | Aug 24, 2020 |
| FY2019 | May 31, 2018 | ($52.49M) | Aug 29, 2019 |
| FY2018 | May 31, 2017 | ($53.72M) | Aug 29, 2018 |
| FY2017 | May 31, 2016 | ($55.39M) | Aug 25, 2017 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | May 31, 2022 | $3.14M | Aug 23, 2022 |
| FY2022 | May 31, 2021 | $4.39M | Aug 23, 2022 |
| FY2021 | May 31, 2020 | $1.13M | Aug 20, 2021 |
| FY2020 | May 31, 2019 | $1.26M | Aug 24, 2020 |
| FY2019 | May 31, 2018 | $379.6K | Aug 29, 2019 |
| FY2018 | May 31, 2017 | $579.0K | Aug 29, 2018 |
| FY2018 | May 31, 2016 | $897.4K | Aug 29, 2018 |
| FY2017 | May 31, 2015 | $598.9K | Aug 25, 2017 |
| FY2016 | May 31, 2014 | $661.3K | Aug 29, 2016 |
| FY2015 | May 31, 2013 | $366.9K | Aug 31, 2015 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | $11.08M | Aug 29, 2025 |
| FY2025 | May 31, 2024 | $13.44M | Aug 29, 2025 |
| FY2024 | May 31, 2023 | $17.17M | Sep 13, 2024 |
| FY2023 | May 31, 2022 | $13.47M | Aug 28, 2023 |
| FY2021 | May 31, 2021 | $16.21M | Aug 20, 2021 |
| FY2021 | May 31, 2020 | $22.75M | Aug 20, 2021 |
| FY2020 | May 31, 2019 | $22.66M | Aug 24, 2020 |
| FY2019 | May 31, 2018 | $19.16M | Aug 29, 2019 |
| FY2018 | May 31, 2017 | $17.80M | Aug 29, 2018 |
| FY2017 | May 31, 2016 | $15.38M | Aug 25, 2017 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | 0 | Aug 29, 2025 |
| FY2025 | May 31, 2024 | 0 | Aug 29, 2025 |
| FY2024 | May 31, 2023 | 0 | Sep 13, 2024 |
| FY2023 | May 31, 2022 | 0 | Aug 28, 2023 |
| FY2022 | May 31, 2021 | 0 | Aug 23, 2022 |
| FY2021 | May 31, 2020 | 0 | Aug 20, 2021 |
| FY2020 | May 31, 2019 | 0 | Aug 24, 2020 |
| FY2015 | May 31, 2015 | 0 | Aug 31, 2015 |
| FY2015 | May 31, 2014 | 0 | Aug 31, 2015 |
| FY2014 | May 31, 2013 | 0 | Aug 29, 2014 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | 0 | Aug 29, 2025 |
| FY2025 | May 31, 2024 | 0 | Aug 29, 2025 |
| FY2024 | May 31, 2023 | 0 | Sep 13, 2024 |
| FY2023 | May 31, 2022 | 0 | Aug 28, 2023 |
| FY2022 | May 31, 2021 | 0 | Aug 23, 2022 |
| FY2021 | May 31, 2020 | 0 | Aug 20, 2021 |
| FY2020 | May 31, 2019 | 0 | Aug 24, 2020 |
| FY2015 | May 31, 2015 | 0 | Aug 31, 2015 |
| FY2015 | May 31, 2014 | 0 | Aug 31, 2015 |
| FY2014 | May 31, 2013 | 0 | Aug 29, 2014 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | May 31, 2025 | 27.36M | Aug 29, 2025 |
| FY2025 | May 31, 2024 | 28.28M | Aug 29, 2025 |
| FY2024 | May 31, 2023 | 28.28M | Sep 13, 2024 |
| FY2023 | May 31, 2022 | 28.28M | Aug 28, 2023 |
| FY2022 | May 31, 2021 | 28.36M | Aug 23, 2022 |
| FY2021 | May 31, 2020 | 28.36M | Aug 20, 2021 |
| FY2020 | May 31, 2019 | 28.36M | Aug 24, 2020 |
| FY2019 | May 31, 2018 | 28.36M | Aug 29, 2019 |
| FY2018 | May 31, 2017 | 28.36M | Aug 29, 2018 |
| FY2017 | May 31, 2016 | 27.89M | Aug 25, 2017 |