# GREYSTONE LOGISTICS, INC. (GLGI) · Edgar & Edgarette company card

> Greystone Logistics (GLGI) saw revenue fall 52.4% in FY2026 to $28 million, operating margin -28.2% against a 14.2% median for special industry machinery, equity 30.8% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1088413 · fiscal year ended 2026-05-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/GLGI) · [JSON](https://www.pops4.com/boards/company/GLGI.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $28M |
| Revenue growth, 1 year | -52.4% |
| Revenue growth per year | -21.9% |
| Operating margin | -28.2% (prior year 7.5%) |
| Net margin | -29.9% |
| Operating cash flow | −$1M |
| Capital spending | $2M |
| Free cash flow | −$3M |
| Cash | — |
| Long-term debt | $12M |
| Total assets | $37M |
| Total equity | $12M |
| Equity ÷ assets | 30.8% |
| Return on equity | -71.5% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -5.44 (distress zone)
- Piotroski F: 3 of 9 (middling)
- Health Harbor boat: Old boat · three warning signs · operating cash flow was negative; operating loss: a margin of -28.2% in FY2026; revenue is hard to predict: its 80% range is ±53%
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $27.5M (FY2026), total debt $12.0M. Experience: revenue down 52.4% on the year, down 21.9% a year over 4 years; operating margin -28.2%, down from 7.5%. Soundness: equity 30.8% of assets, return on equity -71.5%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $9.3M and $30.4M next year (method v4.1: its own 6-year record of growth weighed at 63% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $8.6M to $33.1M. A statistical range, not company guidance. Against peers (11 filers, $50M+ revenue, its industry group): operating margin -28.2% against a 14.2% median; growth -52.4% against 2.3%.

Range logged 2026-11-01, receipt bbc535f58f03f589, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 1, latest 2026-11-02 ([filing](https://www.sec.gov/Archives/edgar/data/1088413/000143774926034323/0001437749-26-034323-index.htm))

## Recent filings

- 8-K · filed 2026-11-02 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/1088413/000143774926034323/0001437749-26-034323-index.htm)
- 10-Q · filed 2026-10-15 · [filing](https://www.sec.gov/Archives/edgar/data/1088413/000143774926032694/0001437749-26-032694-index.htm)
- 10-K · filed 2026-08-31 · [filing](https://www.sec.gov/Archives/edgar/data/1088413/000143774926029307/0001437749-26-029307-index.htm)
- 10-Q · filed 2026-04-14 · [filing](https://www.sec.gov/Archives/edgar/data/1088413/000143774926012272/0001437749-26-012272-index.htm)
- 10-Q · filed 2026-01-14 · [filing](https://www.sec.gov/Archives/edgar/data/1088413/000143774926001252/0001437749-26-001252-index.htm)
- 10-Q · filed 2025-10-15 · [filing](https://www.sec.gov/Archives/edgar/data/1088413/000143774925030982/0001437749-25-030982-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001088413.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1088413

## Cite

POPS4, Edgar & Edgarette: GREYSTONE LOGISTICS, INC. (GLGI) company card, from the company's own SEC filings, accessed 2026-11-03, https://www.pops4.com/boards/company/GLGI. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.