JANL
Janel Corporation34.00
+0.00+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
40.34MP/E (TTM)
8.15Basic EPS (TTM)
4.17Dividend Yield
0%Recent Filings
10-K
8-K
Janel transfers logistics unit to Rubicon
Janel Corporation closed the transfer of its wholly owned subsidiary Janel Group LLC to Rubicon Technology on October 14, 2025, receiving 7,000,000 shares of Rubicon common stock valued at $4.75 per share, boosting its ownership from 46.6% to 86.5%. Rubicon assumed $23 million in Janel Group's indebtedness and net working capital liabilities, gaining access to $35 million in borrowing capacity while acquiring a logistics firm with $181.3 million in trailing 12-month revenue and $8.7 million operating income. This bolsters Rubicon's profitability and capital reach. Janel plans a tender offer for up to 426,000 additional shares at $4.75 each, targeting 91% ownership, yet risks like integration challenges loom.
8-K
Janel swaps unit for Rubicon control
Janel Corporation signed a Contribution Agreement on August 20, 2025, to swap its wholly owned Janel Group subsidiary for 7 million new Rubicon Technology shares, gaining 86.5% voting control, while Rubicon assumes $23 million in Janel Group's debt and liabilities. The deal awaits majority disinterested stockholder approval and could close by year-end, but risks termination fees up to $3 million if Rubicon pursues a superior proposal. This positions Janel as Rubicon's dominant owner, leveraging its prior 46.6% stake. Deal hinges on approvals.
8-K
Rubicon acquires Janel logistics unit
Rubicon Technology agreed to acquire Janel Group LLC from Janel Corporation in a stock-for-stock deal, issuing 7 million shares valued at $4.75 each while assuming $23 million in debt and gaining $35 million in borrowing capacity. This move bolsters Rubicon's access to capital and integrates Janel's profitable logistics operations, which generated $181.3 million in revenue and $8.7 million in operating income for the year ended June 30, 2025. The transaction awaits Rubicon's disinterested stockholder approval. Post-close, Janel plans a $4.75-per-share tender offer for 400,000 additional shares.
10-Q
Q3 FY2025 results
Janel Corporation posted solid Q3 FY2025 results, with total revenues climbing 5.2% y/y to $49.1M, driven by 6.3% growth in Logistics to $43.2M amid higher freight rates and Airschott's integration, while Life Sciences edged up 8.8% to $3.5M on stronger reagent sales. Gross profit rose 6.7% y/y to $16.1M, lifting the margin to 32.8% from 32.3%, and operating income surged 64.0% y/y to $1.9M, reflecting tighter SG&A control. Diluted EPS available to common stockholders hit $0.67, up from a $0.23 loss, reconciling cleanly with 1,206.6 weighted shares and no anti-dilution flags. Cash swelled to $3.9M, bolstered by $17.6M operating cash flow, while lines of credit dropped to $10.5M with $27.5M availability under compliant covenants; free cash flow stood at $17.2M (derived). The June 2025 Biosensis buyout closed for $5.1M (cash/note mix), adding $2.1M goodwill and $1.7M intangibles over 10-24 years to expand Life Sciences offerings. Yet competition from deeper-pocketed rivals pressures margins in freight forwarding.
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