M&A
confidence high
sentiment neutral
materiality 0.60
DLH files amended 8-K with GRSi financials; acquired firm had $91.8M revenue in 2021
DLH Holdings Corp.
- GRSi audited 2021 revenue $91.8M, net income $8.9M; 2020 revenue $78.9M, net income $6.9M.
- Unaudited nine-month financials for GRSi through Sep 30, 2022 also filed as Exhibit 99.2.
- Pro forma combined balance sheet and income statement for DLH as of Sep 30, 2022 and FY2022 reflect GRSi acquisition.
- Non-GAAP pro forma EBITDA for DLH FY2022 as if GRSi acquired Oct 1, 2021 furnished in Exhibit 99.4.