Greystone Logistics, Inc. Reports Revenues and Earnings for the Year Ended May 31, 2025

Core Insights - Greystone Logistics reported a net income of $1,922,297 after preferred dividends of $428,713, with EBITDA of $10,008,828.22 on sales of $57,869,480 for the fiscal year ending May 31, 2025 [1] - The company successfully reduced long-term debt by $2,247,253, enhancing financial stability and positioning for future growth [2][3] - Greystone acquired a strategically located property for $1.8 million and repurchased a total of 1,009,000 common shares, reflecting confidence in long-term prospects [3] Financial Performance - Net income: $1,922,297 after preferred dividends [1] - EBITDA: $10,008,828.22 [1] - Sales: $57,869,480 [1] Debt Management - Long-term debt reduction: $2,247,253 [3] - Preferred dividends paid: $428,713 [3] - Preferred stock buyback: $5 million [3] Strategic Investments - Property acquisition for future expansion: $1.8 million [3] - Total common shares repurchased: 1,009,000 [3] Company Overview - Greystone Logistics specializes in manufacturing recycled plastic pallets, providing sustainable logistics solutions across various industries [5] - The company utilizes proprietary technology for producing high-quality pallets at lower costs, contributing to environmental sustainability [5]