Covenant Logistics files audited 2022 financials for acquired Lew Thompson & Son: $64.6M revenue, $16.3M net income

COVENANT LOGISTICS GROUP, INC.

Audited combined revenue of $64.6M for year ended Dec 31, 2022; net income of $16.3M.
Total assets $51.4M; stockholders' equity $47.3M; operating cash flow $18.1M.
Lew Thompson & Son operates as dedicated poultry feed and live haul carrier with two customers representing 87% of 2022 revenue.
Acquisition completed on April 26, 2023; this amendment provides required historical financial statements.
Pro forma financials and unaudited Q1 2023 results also filed as exhibits.

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