RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE FIRST FISCAL QUARTER ENDED SEPTEMBER 30, 2025

Continued progress with acquisitions and stock buy-back;Well positioned with low leverage and acquisition and organic growth drivers , /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a technology-enabled global transportation and value-added logistics services company, today reported financial results for the three months ended September 30, 2025. Financial Highlights – Three Months Ended September 30, 2025 Revenues of $226.7 million for the three months ended September 30, 2025, up $23.1 million or 11.3%, compared to revenues of $203.6 million for the comparable prior year period. Gross profit of $57.1 million for the three months ended September 30, 2025, up $3.0 million or 5.5%, compared to gross profit of $54.1 million for the comparable prior year period. Adjusted gross profit, a non-GAAP financial measure, of $59.5 million for the three months ended September 30, 2025, up $1.9 million or 3.3%, compared to adjusted gross profit of $57.6 million for the comparable prior year period. Net income attributable to Radiant Logistics, Inc. of $1.3 million, or $0.03 per basic and fully diluted share for the three months ended September 30, 2025, compared to $3.4 million, or $0.07 per basic and fully diluted share for the comparable prior year period. Adjusted net income, a non-GAAP financial measure, of $4.5 million, or $0.09 per basic and fully diluted share for the three months ended September 30, 2025, down $3.4 million or 43.0%, compared to adjusted net income of $7.9 million, or $0.17 per basic and $0.16 per fully diluted share for the comparable prior year period. Adjusted net income is calculated by applying a normalized tax rate of 24.5% and excludes costs unrelated to our core operations. Normalizing these results to exclude an unusual and one-time $1.3 million bad debt expense related to the bankruptcy of First Brands (the "$1.3 million First Brands adjustment"), adjusted net income would have been $5.5 million for the three months ended September 30, 2025. Adjusted EBITDA, a non-GAAP financial measure, of $6.8 million for the three months ended September 30, 2025, down $2.7 million or 28.4%, compared to adjusted EBITDA of $9.5 million for the comparable prior year period. Normalizing these results to exclude the $1.3 million First Brands adjustment, adjusted EBITDA would have been $8.1 million for the three months ended September 30, 2025. Adjusted EBITDA margin (adjusted EBITDA expressed as a percentage of adjusted gross profit), a non-GAAP financial measure, of 11.4% or 500 basis points, for the three months ended September 30, 2025, compared to adjusted EBITDA margin of 16.4% for the comparable prior year period. Normalizing these results to exclude the $1.3 million First Brands adjustment, adjusted EBITDA margin would have been 13.7% for the three months ended September 30, 2025. Acquisition Recap Effective September 1, 2025, the Company acquired an 80% ownership interest in Weport, S.A. de C.V. ("Weport"), a Mexico-based, privately held company that provides a full range of global transportation and logistics solutions tailored to the needs, specifications, and regulations for a variety of industries and clients from around the world. The Company structured this transaction similar to its previous transactions, with a portion of the expected purchase price payable in subsequent periods based on the achievement of certain integration milestones and the future performance of the acquired operations. Stock Buy-Back We purchased 139,992 shares of our common stock at an average cost of $5.96 per share for an aggregate cost of $0.8 million during the three months ended September 30, 2025. As of September 30, 2025, the Company had 47,207,846 shares outstanding. Under the terms of our outstanding Rule 10b5-1 Repurchase Plan, we have purchased an additional 341,466 shares of Common Stock subsequent to September 30, 2025 and through November 7, 2025 for a total cost of $2.0 million inclusive of transaction costs. CEO Bohn Crain Comments on Results Notwithstanding the difficult freight environment, we delivered another quarter of solid financial results generating $6.8 million in adjusted EBITDA for our fiscal quarter year ended September 30, 2025," said Bohn Crain, Founder and CEO of Radiant Logistics. "Excluding the impact of an unusual and one-time $1.3 million bad debt expense related to First Brands bankruptcy, adjusted EBITDA would have been $8.1 million. And while much of the growth in our transportation revenues from the quarter came through our acquisition efforts, we are seeing interesting organic growth opportunities in connection with our contract logistics, customs services and emerging technology services offerings. We are early in our journey, but we are particularly excited about the prospects of Navegate, our proprietary global trade management and collaboration platform. Navegate represents a meaningful differentiator for us in the marketplace and supports both domestic and international shipments by aggregating and organizing supply-chain data to deliver enhanced visibility, automation and faster decision making. With streamlined deployment measured in weeks – not months or years – our customers can quickly reduce costs, optimize routing and improve buying and routing decisions. We believe this speed to market and ease of deployment represent a clear competitive advantage and that Navegate will serve as a meaningful catalyst for organic growth as we introduce the technology to our current and prospective customers in coming quarters. Mr. Crain continued, "As previously discussed, we believe our durable business model, diverse service offering, disciplined approach to capital allocation and low leverage continues to serve us well. We remain virtually debt free (net debt of approximately $2.0 million as of September 30, 2025) relative to our $200.0 million credit facility and on track with our continued efforts to deliver profitable growth through a combination of organic and acquisition initiatives, while thoughtfully re-levering our balance sheet through a combination of strategic operating partner conversions, synergistic tuck-in acquisitions, and stock buy-backs. In this regard, in September we achieved a significant milestone with our acquisition of Mexico-based, Weport. Mexico is an important market for us and in addition to supporting Radiant's legacy and prospective customers across Mexico. And with respect to our stock buy-back program, we acquired $0.8 million of our stock through the three months ended September 30, 2025, and another $2.0 million of our stock subsequent to September 30, 2025 and through November 7, 2025. Looking ahead, we expect to continue to our balanced approach to capital allocation through a combination of agent station conversions, synergistic tuck‑in acquisitions, and stock buy‑backs while at the same time looking to invest in incremental sales resources with attention given to our deployment of the Navegate technology." First Fiscal Quarter Ended September 30, 2025 – Financial Results For the three months ended September 30, 2025, Radiant reported net income attributable to Radiant Logistics, Inc. of $1.3 million on $226.7 million of revenues, or $0.03 per basic and fully diluted share. For the three months ended September 30, 2024, Radiant reported net income attributable to Radiant Logistics, Inc. of $3.4 million on $203.6 million of revenues, or $0.07 per basic and fully diluted share. For the three months ended September 30, 2025, Radiant reported adjusted net income, a non-GAAP financial measure, of $4.5 million, or $0.09 per basic and fully diluted share. For the three months ended September 30, 2024, Radiant reported adjusted net income of $7.9 million, or $0.17 per basic and $0.16 per fully diluted share. Normalizing these results to exclude the $1.3 million First Brands adjustment, adjusted net income would have been $5.5 million for the three months ended September 30, 2025. For the three months ended September 30, 2025, Radiant reported adjusted EBITDA, a non-GAAP financial measure, of $6.8 million, compared to $9.5 million for the comparable prior year period. Normalizing these results to exclude the $1.3 million First Brands adjustment, adjusted EBITDA margin would have been 13.7% for the three months ended September 30, 2025. Earnings Call and Webcast Access Information Radiant Logistics, Inc. will host a conference call on Monday, November 10, 2025 at 4:30 PM Eastern to discuss the contents of this release. The conference call is open to all interested parties, including individual investors and press. Bohn Crain, Founder and CEO will host the call. Conference Call Details DATE/TIME: Monday, November 10, 2025 at 4:30 PM Eastern DIAL-IN US (888) 506-0062; Intl. (973) 528-0011 (Participant Access Code: 682387) REPLAY November 11, 2025 at 9:30 AM Eastern to November 24, 2025 at 4:30 PM Eastern, US (877) 481-4010; Intl. (919) 882-2331 (Replay ID number: 53201) Webcast Details This call is also being webcast and may be accessed via Radiant's web site at www.radiantdelivers.com or at https://www.webcaster5.com/Webcast/Page/2191/53201 About Radiant Logistics (NYSE American: RLGT) Radiant Logistics, Inc. (www.radiantdelivers.com) operates as a third-party logistics company, providing technology-enabled global transportation and value-added logistics services primarily to customers in the United States and Canada. Through its comprehensive service offerings, Radiant provides domestic and international freight forwarding and freight brokerage services to a diversified account base including manufacturers, distributors and retailers, which it supports from an extensive network of company and agent-owned offices throughout North America and other key markets around the world. Radiant's value-added logistics services include warehouse and distribution, customs brokerage, order fulfillment, inventory management and technology services. This press release contains "forward-looking statements" within the meaning set forth in United States securities laws and regulations – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business, financial performance and financial condition, and often contain words such as "anticipate," "believe," "estimates," "expect," "future," "intend," "may," "plan," "see," "seek," "strategy," or "will" or the negative thereof or any variation thereon or similar terminology or expressions. These forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. We have developed our forward-looking statements based on management's beliefs and assumptions, which in turn rely upon information available to them at the time such statements were made. Such forward-looking statements reflect our current perspectives on our business, future performance, existing trends and information as of the date of this report. These include, but are not limited to, our beliefs about future revenue and expense levels, growth rates, prospects related to our strategic initiatives and business strategies, along with express or implied assumptions about, among other things: our continued relationships with our strategic operating partners; the performance of our historic business, as well as the businesses we have recently acquired, at levels consistent with recent trends and reflective of the synergies we believe will be available to us as a result of such acquisitions; our ability to successfully integrate our recently acquired businesses; our ability to locate suitable acquisition opportunities and secure the financing necessary to complete such acquisitions; transportation costs remaining in line with recent levels and expected trends; our ability to mitigate, to the best extent possible, our dependence on current management and certain larger strategic operating partners; our compliance with financial and other covenants under our indebtedness; the absence of any adverse laws or governmental regulations affecting the transportation industry in general, and our operations in particular; our ability to continue to respond to macroeconomic factors that have recently had a negative effect on worldwide freight markets; the impact of any health pandemic or environmental event on our operations and financial results; continued disruptions in the global supply chain; higher inflationary pressures particularly surrounding the costs of fuel, labor, and other components of our operations; potential adverse legal, reputational and financial effects on the Company resulting from prior or future cyber incidents and the effectiveness of the Company's business continuity plans in response to cyber incidents; the commercial, reputational and regulatory risks to our business that may arise as a consequence of our prior inability to remediate a material weakness in our internal control over financial reporting, and the further risks that may arise should we be unable to maintain an effective system of disclosure controls and internal control over financial reporting in the future; and such other factors that may be identified from time to time in our U.S Securities and Exchange Commission ("SEC") filings and other public announcements including those set forth under the caption "Risk Factors" in Part 1 Item 1A of the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2025. All subsequent written and oral forward-looking statements attributable to us, or persons acting on our behalf, are expressly qualified in their entirety by the foregoing. Readers are cautioned not to place undue reliance on our forward-looking statements, as they speak only as of the date made. We disclaim any obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. RADIANT LOGISTICS, INC. Consolidated Balance Sheets September 30, June 30, (In thousands, except share and per share data) 2025 2025 (unaudited) ASSETS Current assets: Cash and cash equivalents $ 28,106 $ 22,942 Accounts receivable, net of allowance of $3,526 and $2,128, respectively 148,002 134,911 Contract assets 5,749 6,904 Income tax receivable 3,010 2,194 Prepaid expenses and other current assets 10,403 12,299 Total current assets 195,270 179,250 Property, technology, and equipment, net 22,773 23,489 Goodwill 120,749 117,637 Intangible assets, net 49,878 49,123 Operating lease right-of-use assets 54,550 55,066 Deposits and other assets 2,109 2,209 Total other long-term assets 227,286 224,035 Total assets $ 445,329 $ 426,774 LIABILITIES AND EQUITY Current liabilities: Accounts payable $ 79,979 $ 74,411 Operating partner commissions payable 11,328 10,541 Accrued expenses 9,952 10,637 Current portion of operating lease liabilities 12,916 12,741 Current portion of finance lease liabilities 272 282 Current portion of contingent consideration 6,200 6,050 Other current liabilities 750 483 Total current liabilities 121,397 115,145 Notes payable 30,000 20,000 Operating lease liabilities, net of current portion 48,087 49,245 Finance lease liabilities, net of current portion 909 969 Contingent consideration, net of current portion 15,350 13,300 Deferred tax liabilities 2,216 1,782 Other long-term liabilities 210 248 Total long-term liabilities 96,772 85,544 Total liabilities 218,169 200,689 Equity: Common stock, $0.001 par value, 100,000,000 shares authorized; 52,528,861 and 52,324,201 shares issued, and 47,207,846 and 47,143,178 shares outstanding, respectively 34 34 Additional paid-in capital 110,767 110,588 Treasury stock, at cost, 5,321,015 and 5,181,023 shares, respectively (32,798) (31,964) Retained earnings 151,862 150,569 Accumulated other comprehensive loss (4,173) (3,211) Total Radiant Logistics, Inc. stockholders' equity 225,692 226,016 Noncontrolling interest 1,468 69 Total equity 227,160 226,085 Total liabilities and equity $ 445,329 $ 426,774 RADIANT LOGISTICS, INC. Consolidated Statements of Comprehensive Income Three Months Ended September 30, (In thousands, except share and per share data) 2025 2024 Revenues $ 226,655 $ 203,565 Operating expenses: Cost of transportation and other services 167,202 146,011 Operating partner commissions 19,996 18,801 Personnel costs 21,571 19,623 Selling, general and administrative expenses 12,074 10,321 Depreciation and amortization 3,526 4,805 Change in fair value of contingent consideration 200 200 Total operating expenses 224,569 199,761 Income from operations 2,086 3,804 Other income (expense): Interest income 44 465 Interest expense (605) (237) Foreign currency transaction gain (loss) 4 (62) Change in fair value of interest rate swap contracts — (440) Other 85 1,039 Total other income (expense) (472) 765 Income before income taxes 1,614 4,569 Income tax expense (339) (1,145) Net income 1,275 3,424 Net loss (income) attributable to noncontrolling interest 18 (48) Net income attributable to Radiant Logistics, Inc. $ 1,293 $ 3,376 Other Comprehensive income attributable to Radiant Logistics, Inc.: Foreign currency translation gain (loss) (962) 640 Comprehensive loss attributable to noncontrolling interest 13 — Comprehensive income attributable to Radiant Logistics, Inc. $ 326 $ 4,064 Income per share: Basic and Diluted $ 0.03 $ 0.07 Weighted average common shares outstanding: Basic 47,166,166 46,721,238 Diluted 48,738,595 48,585,811 Reconciliation of Non-GAAP Measures RADIANT LOGISTICS, INC. Reconciliation of Gross Profit to Adjusted Gross Profit, Net Income Attributable to Radiant Logistics, Inc.to Adjusted Net Income, EBITDA, Adjusted EBITDA, and Adjusted EBITDA Margin (unaudited) As used in this report adjusted gross profit, adjusted net income, EBITDA, adjusted EBITDA, and adjusted EBITDA margin are not measures of financial performance or liquidity under United States Generally Accepted Accounting Principles ("GAAP"). Adjusted gross profit, adjusted net income, EBITDA, adjusted EBITDA, and adjusted EBITDA margin are presented herein because they are important metrics used by management to evaluate and understand the performance of the ongoing operations of Radiant's business. For adjusted net income, management uses a 24.5% tax rate to calculate the provision for income taxes to normalize Radiant's tax rate to that of its competitors and to compare Radiant's reporting periods with different effective tax rates. In addition, in arriving at adjusted net income, the Company adjusts for certain non-cash charges and significant items that are not part of regular operating activities. These adjustments include income taxes, depreciation and amortization, costs unrelated to our core operations, and other non-cash charges. We commonly refer to the term "adjusted gross profit" when commenting about our Company and the results of operations. Adjusted gross profit is a non-GAAP measure calculated as revenues less directly related operations and expenses attributed to the Company's services. Adjusted gross profit is calculated as GAAP gross profit exclusive of depreciation and amortization, which are reported separately. We believe adjusted gross profit is a better measurement than are total revenues when analyzing and discussing the effectiveness of our business and is used as a portion of a key metric the Company uses to discuss its progress. EBITDA is a non-GAAP financial measure of income and does not include the effects of interest, income taxes, and the "non-cash" effects of depreciation and amortization on long-term assets. Companies have some discretion as to which elements of depreciation and amortization are excluded in the EBITDA calculation. We exclude all depreciation charges related to property, technology, and equipment and all amortization charges (including amortization of leasehold improvements). We then further adjust EBITDA to exclude share-based compensation, costs unrelated to our core operations (primarily acquisition and litigation costs), allocation of earnings attributable to noncontrolling interests in subsidiaries, and other non-cash charges. While management considers EBITDA and adjusted EBITDA useful in analyzing our results, it is not intended to replace any presentation included in our consolidated financial statements. We believe that these non-GAAP financial measures, as presented, represent a useful method of assessing the performance of our operating activities, as they reflect our earnings trends without the impact of certain non-cash charges and other non-recurring charges. These non-GAAP financial measures are intended to supplement the GAAP financial information by providing additional insight regarding results of operations to allow a comparison to other companies, many of whom use similar non-GAAP financial measures to supplement their GAAP results. However, these non-GAAP financial measures will not be defined in the same manner by all companies and may not be comparable to other companies. Adjusted gross profit, adjusted net income, EBITDA, adjusted EBITDA, and adjusted EBITDA margin should not be considered in isolation or as a substitute for any of the consolidated statements of comprehensive income prepared in accordance with GAAP, or as an indication of Radiant's operating performance or liquidity. (In thousands) Three Months Ended September 30, Reconciliation of adjusted gross profit to GAAP gross profit 2025 2024 Revenues $ 226,655 $ 203,565 Cost of transportation and other services (exclusive of depreciation and amortization, shown separately below) (167,202) (146,011) Depreciation and amortization (2,339) (3,488) GAAP gross profit $ 57,114 $ 54,066 Depreciation and amortization 2,339 3,488 Adjusted gross profit $ 59,453 $ 57,554 GAAP gross profit percentage 25.2 % 26.6 % Adjusted gross profit percentage 26.2 % 28.3 % Reconciliation of GAAP net income to adjusted EBITDA 2025 2024 Net income attributable to Radiant Logistics, Inc. $ 1,293 $ 3,376 Income tax expense 339 1,145 Depreciation and amortization (1) 3,526 4,919 Net interest expense 561 (228) Share-based compensation 424 163 Change in fair value of contingent consideration 200 200 Lease termination costs 108 — Change in fair value of interest rate swap contracts — 440 Other (2) 346 (563) Adjusted EBITDA 6,797 9,452 Adjusted EBITDA as a % of adjusted gross profit (3) 11.4 % 16.4 % (1) Depreciation and amortization for the purposes of calculating adjusted EBITDA, a non-GAAP financial measure, includes depreciation expenses recognized on certain computer software as a service. (2) Other includes costs unrelated to our core operations (primarily acquisition and litigation costs), and other non-cash charges. (3) Adjusted gross profit is revenues less the cost of transportation and other services. (In thousands, except share and per share data) Three Months Ended September 30, Reconciliation of GAAP net income to adjusted net income 2025 2024 GAAP net income attributable to Radiant Logistics, Inc. $ 1,293 $ 3,376 Adjustments to net income: Income tax expense 339 1,145 Depreciation and amortization 3,526 4,805 Change in fair value of contingent consideration 200 200 Lease termination costs 108 — Change in fair value of interest rate swap contracts — 440 Other 450 475 Adjusted net income before income taxes 5,916 10,441 Provision for income taxes at 24.5% (1,449) (2,558) Adjusted net income $ 4,467 $ 7,883 Adjusted net income per common share: Basic $ 0.09 $ 0.17 Diluted $ 0.09 $ 0.16 Weighted average common shares outstanding: Basic 47,166,166 46,721,238 Diluted 48,738,595 48,585,811 SOURCE Radiant Logistics, Inc.

RADIANT LOGISTICS ANNOUNCES RESULTS FOR THE FIRST FISCAL QUARTER ENDED SEPTEMBER 30, 2025

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