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Radiant Logistics Inc

Radiant Logistics Inc. operates as a third-party logistics company, providing logistics services, supply chain management, and domestic and international freight forwarding services. The company operates through three segments.

* Forwarding segment provides domestic and international freight forwarding services, including the arrangement of freight by air, ocean, or truck; customs brokerage services; and other value-added services.

* Logistics segment provides supply chain management services such as inventory management, order fulfillment, and warehousing.

* Corporate and eliminations segment includes corporate general and administrative expenses, interest expense, and other functions that support the company's operations.

RDIANT LOGISTICS INC. financial performance has been impressive. In 2022, the company's net revenues increased by 132.2% year over year to a record $309.6 million, driven by strength in both forwarding and logistics segments. The company also achieved record adjusted EBITDA of $14.1 million, up 356.3% from the prior year period. In 2022, Radiant Logistics had a record year for its top and bottom-line performance.

Based on its recent financial performance and market trends, Radiant Logistics Inc has potential for further growth and increased profitability in the future. However, as with any investment, it is essential to conduct thorough research and analysis before making an investment decision.