Greystone Logistics announced its year-end earnings for the fiscal year ending May 31, 2025, on September 3, 2025. The company achieved net income of $1,922,297 after preferred dividends of $428,713, with EBITDA reaching $10,008,828.22 on sales of $57,869,480.
The company focused on strengthening its financial position, resulting in a reduction of long-term debt by $2,247,253. In the fourth quarter, Greystone bought back $5 million in preferred stock, eliminating the associated dividend expense and reaffirming its commitment to shareholders.
Greystone also acquired a strategically located property near its existing facilities for $1.8 million, earmarked for future expansion and development. Additionally, the company repurchased 215,624 common shares during the year, bringing the total bought back to 1,009,000 shares as of the announcement date.
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