Standex files audited financials for acquired Amran/Narayan; revenue $82.8M, net income $29.2M

STANDEX INTERNATIONAL CORP/DE/

Standex acquired Amran/Narayan Group on Oct 28, 2024; now files audited FY2023 combined financials.
Amran/Narayan FY2023 revenue $82.8M, net income $29.2M; total assets $63.5M with $23.4M cash.
Former Narayan DGM embezzled ~$10M from 2018-2023; $9.2M adjusted to retained earnings, $0.8M in 2023 SG&A.
Unaudited pro forma financials for Standex FY2024 giving effect to the acquisition are provided as Exhibit 99.3.

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