Radiant Logistics Q4 net income rises 55% YoY to $4.8M; FY revenue falls 26%

RADIANT LOGISTICS, INC

Q4 net income $4.8M ($0.10/sh) up 55% YoY; revenues $206M (-11% YoY) but up 12% sequentially.
FY2024 revenues $802.5M (-26% YoY); net income $7.7M ($0.16) vs $20.6M ($0.43) prior year.
Adjusted EBITDA Q4 $9.1M (flat YoY); full-year $31.2M vs $55.6M; margin improved to 15%.
Completed six tuck-in acquisitions in FY2024 and early FY2025, including Foundation Logistics (Sept 2024).
Ended FY2024 with $24.9M cash, $0 drawn on $200M credit facility; bought back 726k shares for $4.1M.

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