GLGI Financials 07/16/2014 19:30:05 Greystone Log
Post# of 9
Greystone Logistics, Inc.
Period Ending May 31, 2013 May 31, 2012 May 31, 2011 May 31, 2010
Total Revenue 24,085 24,158 20,502 16,231
Cost of Revenue 18,828 19,228 18,358 13,146
Gross Profit 5,257 4,930 2,144 3,085
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 2,189 1,993 1,921 2,058
Non-Recurring Items - - - -
Other - - - -
Operating Income 3,068 2,937 223 1,027
Income From Continuing Operations
Add'l Income/Expense Items 7 (133) 15 305
Earnings Before Interest and Tax 3,074 2,804 238 1,331
Interest Expense 829 897 1,086 828
Earnings Before Tax 2,245 1,907 (847) 503
Income Tax (548) (585) - -
Minority Interest - - - 81
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations 2,793 2,492 (847) 422
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income 2,793 2,492 (847) 422
Preferred Stock and Other Adjustments (528) (388) 77 (324)
Net Income Applicable to Common Shareholders 2,265 2,103 (770) 98