Company research
JANEL CORP
CIK 1133062Updated Sep 27, 2026
SecurityJANL · OTC · equity
Name history
JANEL WORLD TRADE LTD · through Apr 21, 2015WINE SYSTEMS DESIGN INC · through Jul 30, 2002
JANL price & chart
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OTC:JANL on TradingView ↗About the company
Janel Group LLC is a non-asset based, full-service provider of cargo transportation logistics management services, including freight forwarding via air, ocean and land-based carriers; customs brokerage services; warehousing and distribution services; trucking and other value-added logistics services. The company operates in the United States with over 25 locations and serves customers globally through its networks of international partners.
In the news
Recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 170,753,000Source | 110,610,000Source | 96,834,000Source | 126,532,000Source |
| Property, Plant and Equipment, NetUSD | 5,971,000Source | 5,492,000Source | 4,922,000Source | 5,044,000Source |
| GoodwillUSD | 31,592,000Source | 23,030,000Source | 20,317,000Source | 18,622,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 30,998,000Source | 25,117,000Source | 22,204,000Source | 22,420,000Source |
| Current assets: | ||||
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 66,489,000Source | 33,815,000Source | 27,518,000Source | 57,077,000Source |
| Inventory, NetUSD | 4,207,000Source | 4,478,000Source | 4,850,000Source | 4,802,000Source |
| Assets, CurrentUSD | 88,831,000Source | 45,954,000Source | 39,288,000Source | 71,893,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 6,095,000Source | 4,829,000Source | 4,459,000Source | 3,423,000Source |
| Operating Lease, Right-of-Use AssetUSD | 7,760,000Source | 8,621,000Source | 7,460,000Source | 5,660,000Source |
| Other Assets, NoncurrentUSD | 75,951,000Source | 59,164,000Source | 52,624,000Source | 49,595,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 144,951,000Source | 91,109,000Source | 77,861,000Source | 108,205,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | — | — |
| Common Stock, Value, IssuedUSD | 1,000Source | 1,000Source | 1,000Source | 1,000Source |
| Additional Paid in CapitalUSD | — | 17,084,000Source | 17,107,000Source | 17,184,000Source |
| Retained Earnings (Accumulated Deficit)USD | 8,311,000Source | 2,656,000Source | 2,105,000Source | 1,382,000Source |
| Stockholders' Equity Attributable to ParentUSD | 25,802,000Source | 19,501,000Source | 18,973,000Source | 18,327,000Source |
| Additional Paid in Capital, Common StockUSD | 17,730,000Source | — | — | — |
| Liabilities and EquityUSD | 170,753,000Source | 110,610,000Source | 96,834,000Source | 126,532,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 120,661,000Source | 71,358,000Source | 58,837,000Source | 85,036,000Source |
| Operating Lease, Liability, CurrentUSD | 2,114,000Source | 2,419,000Source | 2,020,000Source | 1,825,000Source |
| Operating Lease, Liability, NoncurrentUSD | 6,310,000Source | 6,585,000Source | 5,689,000Source | 4,001,000Source |
| Deferred Income Tax Liabilities, NetUSD | 4,547,000Source | 2,514,000Source | 1,341,000Source | 2,541,000Source |
| Other Liabilities, NoncurrentUSD | 285,000Source | 531,000Source | 483,000Source | 380,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 10,176,000Source | 7,489,000Source | 6,337,000Source | 7,194,000Source |
| Deferred Tax Liabilities, NetUSD | 4,547,000Source | 2,514,000Source | 1,341,000Source | 2,541,000Source |
| Dividends Payable, CurrentUSD | 1,649,000Source | 2,271,000Source | 2,029,000Source | 1,745,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 645,000Source | 551,000Source | 508,000Source | 484,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 490,000Source | 321,000Source | 231,000Source | 832,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 25,167,000Source | 4,515,000Source | -29,799,000Source | 5,874,000Source |
| Increase (Decrease) in InventoriesUSD | 103,000Source | -39,000Source | -34,000Source | 1,503,000Source |
| Deferred Income Tax Expense (Benefit)USD | -257,000Source | 196,000Source | -1,246,000Source | 242,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 43,066,000Source | 6,832,000Source | 11,388,000Source | 12,107,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 11,925,000Source | 3,851,000Source | 4,447,000Source | 946,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -15,207,000Source | -5,636,000Source | -6,500,000Source | -11,469,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | 551,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -18,901,000Source | -574,000Source | -9,018,000Source | -281,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 1,582,000Source | 1,999,000Source | 1,862,000Source | 882,000Source |
| Income Taxes Paid, NetUSD | 861,000Source | 585,000Source | 1,393,000Source | 1,883,000Source |
| Additional Financial Items | ||||
| Amortization of Debt Issuance CostsUSD | 296,000Source | 81,000Source | 89,000Source | 9,000Source |
| Amortization of Intangible AssetsUSD | 2,688,000Source | 2,299,000Source | 2,098,000Source | 1,976,000Source |
| DepreciationUSD | 645,000Source | 551,000Source | 508,000Source | 484,000Source |
| Dividends Payable, CurrentUSD | 1,649,000Source | 2,271,000Source | 2,029,000Source | 1,745,000Source |
| Gain (Loss) on InvestmentsUSD | — | — | -798,000Source | -7,601,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | 0Source | 21,000Source | — | 0Source |
| GoodwillUSD | 31,592,000Source | 23,030,000Source | 20,317,000Source | 18,622,000Source |
| Income Tax Expense (Benefit)USD | 1,222,000Source | 543,000Source | -198,000Source | 2,190,000Source |
| Inventory Write-downUSD | 934,000Source | 342,000Source | 425,000Source | 492,000Source |
| Net Income (Loss) Attributable to ParentUSD | 5,657,000Source | 551,000Source | 723,000Source | -2,138,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 5,030,000Source | 223,000Source | 439,000Source | -3,128,000Source |
| Operating ExpensesUSD | 58,559,000Source | 54,626,000Source | 53,073,000Source | 56,699,000Source |
| Operating Lease, ExpenseUSD | 2,856,000Source | 2,870,000Source | 2,474,000Source | 2,222,000Source |
| Other Nonoperating Income (Expense)USD | 2,518,000Source | -346,000Source | — | — |
| Proceeds from Stock Options ExercisedUSD | 785,000Source | — | 0Source | 277,000Source |
| Unrealized Gain (Loss) on InvestmentsUSD | 3,099,000Source | -41,000Source | -798,000Source | -7,601,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 183,823,000Source | 183,184,000Source | 186,449,000Source | 316,863,000Source |
| Cost of RevenueUSD | 142,450,000Source | 124,800,000Source | 130,777,000Source | 250,666,000Source |
| Selling, General and Administrative ExpenseUSD | 55,871,000Source | 52,327,000Source | 50,975,000Source | 54,723,000Source |
| Operating Income (Loss)USD | 6,434,000Source | 3,758,000Source | 2,599,000Source | 9,498,000Source |
| Other Nonoperating Income (Expense)USD | 2,518,000Source | -346,000Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 6,879,000Source | 1,094,000Source | 525,000Source | 52,000Source |
| Income Tax Expense (Benefit)USD | 1,222,000Source | 543,000Source | -198,000Source | 2,190,000Source |
| Net Income (Loss) Attributable to ParentUSD | 5,657,000Source | 551,000Source | 723,000Source | -2,138,000Source |
| Earnings Per Share, BasicUSD per share | 4.24Source | 0.19Source | 0.37Source | -3.03Source |
| Earnings Per Share, DilutedUSD per share | 4.17Source | 0.18Source | 0.36Source | -3.03Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 1,186,400Source | 1,186,400Source | 1,186,400Source | 1,030,800Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 1,205,400Source | 1,206,200Source | 1,206,200Source | 1,030,800Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 2,688,000Source | 2,299,000Source | 2,098,000Source | 1,976,000Source |
| Current Income Tax Expense (Benefit)USD | 1,479,000Source | 347,000Source | 1,048,000Source | 1,948,000Source |
| Gain (Loss) on InvestmentsUSD | — | — | -798,000Source | -7,601,000Source |
| Gross ProfitUSD | 64,993,000Source | 58,384,000Source | 55,672,000Source | 66,197,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 4.77Source | 0.46Source | 0.61Source | -2.07Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 4.69Source | 0.45Source | 0.6Source | -2.07Source |
| Interest Income (Expense), Nonoperating, NetUSD | -2,073,000Source | -2,318,000Source | -1,998,000Source | -1,276,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 5,030,000Source | 223,000Source | 439,000Source | -3,128,000Source |
| Operating ExpensesUSD | 58,559,000Source | 54,626,000Source | 53,073,000Source | 56,699,000Source |
| Operating Lease, ExpenseUSD | 2,856,000Source | 2,870,000Source | 2,474,000Source | 2,222,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | 384,000Source | 328,000Source | 284,000Source | 586,000Source |
Filing attachments
ef20057034_ex99-1.htm · 8-K · 2025-10-14
EX-99.1 2 ef20057034_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Rubicon Technology, Inc. completes acquisition of Janel Group LLC Bensenville, IL and New York, NY, October 14, 2025 / GLOBE NEWSWIRE / - Rubicon Technology, Inc. (OTCQB:RBCN) (“Rubicon”) and Janel Corporation (OTCQX:JANL) (“Janel Corp”) today announced that they have completed the previously announced transaction, pursuant to which Rubicon has acquired Janel Group LLC (“Janel Group”). Following the closing, Janel Group has become a…
Read attachment ↗ef20054286_ex99-1.htm · 8-K · 2025-08-21
EX-99.1 2 ef20054286_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Rubicon Technology, Inc. to acquire Janel Group LLC Bensenville, IL and New York, New York, August 20, 2025 / GLOBE NEWSWIRE / - Rubicon Technology, Inc. (OTCQB:RBCN) (“Rubicon”) and Janel Corporation (OTCQX:JANL) (“Janel Corp”) today announced that they have entered into a definitive merger agreement, pursuant to which Rubicon will acquire Janel Group LLC (“Janel Group”) with Janel Group becoming a wholly owned subsidiary of Rubico…
Read attachment ↗