Filing Flows › Janel (JANL) › Q2 FY25
Janel (JANL) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 9, 2025
Janel (JANL) reported revenue of $50.7M for the second quarter fiscal 2025 (Q2 FY25), +20% from a year earlier and -1% from the quarter before. Operating margin was 4.3%, net earnings $1.4M (2.8% of revenue).
Janel, Q2 FY25: revenue $50.7M (+20% year over year), operating margin 4.3%, net earnings $1.4M, operating cash flow $5.3M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $50.7M | -1% | +20% |
| Gross profit | $16.6M | +9% | +20% |
| Operating profit | $2.2M | +79% | +274% |
| Net earnings | $1.4M | +119% | +557% |
| Operating cash flow | $5.3M | +203% | +312% |
| Free cash flow | $5.0M | +202% | — |
What changed
Revenue was $50.7M in Q2 FY25, up 20% year over year and down 1% from the previous quarter. Logistics was the largest line at 87% of revenue. Logistics added $7.9M year over year (up 22%), 92% of the total change.
Gross margin was 32.7%, down 0.2 points from a year earlier. Operating profit was $2.2M, a 4.3% margin (up 2.9 points year over year). Of the extra revenue versus a year earlier, 18% reached operating profit, above the 1% margin then. Operating expenses grew 9% against revenue growth of 20%. The fastest-growing cost line was Other operating costs (+18%). Net earnings were $1.4M, up 558% year over year. The effective tax rate was 22.4%.
Operating cash flow was $5.3M (up 312% year over year), 369% of net earnings. Non-cash charges added back $154K of depreciation and amortization and $123K of share-based compensation. Working capital and other items added $3.6M. Capital expenditures of $284K left free cash flow of $5.0M.
Questions
What was Janel's revenue in the second quarter fiscal 2025?
Janel (JANL) reported revenue of $50.7M for the second quarter fiscal 2025 (Q2 FY25), +20% from a year earlier and -1% from the quarter before.
Was Janel profitable in the second quarter fiscal 2025?
Operating profit was $2.2M (4.3% of revenue) and net earnings $1.4M.
Source: Janel 10-Q on SEC EDGAR.