Company research
Unique Logistics International, Inc.
CIK 1281845Updated Sep 26, 2026
Name history
UNIQUE LOGISTICS INTERNATIONAL INC · through Sep 6, 2022INNOCAP INC · through Dec 8, 2020
Filing activity
Latest filing
50 filings on record · 4, 15-12G, 10-Q, NT 10-Q, DEFM14C, PREM14C.
Recent filings
Show 5 more recent filings
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 103,315,444Source | 111,522,730Source | 124,911,935Source | 69,453,762Source |
| Property, Plant and Equipment, NetUSD | 659,701Source | 609,785Source | 188,889Source | 192,092Source |
| GoodwillUSD | 20,516,018Source | 20,516,018Source | 4,463,129Source | 4,463,129Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 11,196,171Source | 12,865,093Source | 7,337,704Source | 8,044,853Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 3,799,561Source | 6,744,238Source | 1,422,393Source | 252,615Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 38,601,255Source | 41,402,435Source | 74,746,036Source | 20,369,747Source |
| Assets, CurrentUSD | 51,732,391Source | 60,326,985Source | 108,543,031Source | 52,400,799Source |
| Operating Lease, Right-of-Use AssetUSD | 9,019,914Source | 10,269,516Source | 2,408,098Source | 3,797,527Source |
| Other Assets, NoncurrentUSD | 2,426,314Source | 1,133,674Source | 16,180,015Source | 16,860,871Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 92,903,874Source | 93,927,097Source | 119,080,091Source | 62,835,678Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 799,142Source | 799,142Source | 687,197Source | 393,743Source |
| Additional Paid in CapitalUSD | 180,220Source | 180,220Source | 292,155Source | 4,906,384Source |
| Retained Earnings (Accumulated Deficit)USD | 5,952,906Source | 13,066,109Source | 4,851,541Source | 1,316,987Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -161,543Source | 3,258Source | — | — |
| Stockholders' Equity Attributable to ParentUSD | 6,771,666Source | 14,049,670Source | 5,831,844Source | 6,618,084Source |
| Liabilities and EquityUSD | 103,315,444Source | 111,522,730Source | 124,911,935Source | 69,453,762Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 47,495,927Source | 52,448,603Source | 104,367,590Source | 55,929,942Source |
| Operating Lease, Liability, CurrentUSD | 2,588,817Source | 2,379,774Source | 912,618Source | 1,466,409Source |
| Accounts Payable, CurrentUSD | 19,983,859Source | 25,132,388Source | 49,028,862Source | 38,992,846Source |
| Operating Lease, Liability, NoncurrentUSD | 6,902,171Source | 8,212,445Source | 1,593,873Source | 2,431,144Source |
| Deferred Income Tax Liabilities, NetUSD | — | 4,405,442Source | — | — |
| Other Liabilities, NoncurrentUSD | 10,961,931Source | 4,552,346Source | 282,666Source | 565,338Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 3,639,904Source | 3,545,963Source | — | — |
| Additional Financial Items | ||||
| Accounts Receivable, after Allowance for Credit LossUSD | 1,200,000Source | 3,500,000Source | — | 233,896,000Source |
| Accrued Liabilities, CurrentUSD | 4,054,220Source | 3,489,957Source | 9,240,650Source | 10,403,430Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 14,397,196Source | 8,050,227Source | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 10,727,835Source | 4,000,000Source | — | — |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -7,113,203Source | 8,201,773Source | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 2,022,171Source | 1,270,462Source | 782,351Source | 765,532Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | — | 91,666Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -4,005,158Source | -58,657,048Source | 56,917,965Source | 12,677,437Source |
| Increase (Decrease) in Accounts PayableUSD | -6,531,526Source | -34,062,717Source | 10,036,018Source | 29,465,943Source |
| Deferred Income Tax Expense (Benefit)USD | -8,712,928Source | -814,652Source | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -13,810,278Source | 34,055,608Source | -34,011,241Source | -161,906Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | -8,828,309Source | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 359,898Source | 10,523,976Source | -72,001Source | -51,489Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | 72,001Source | 51,489Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 10,670,504Source | -39,260,997Source | 35,253,020Source | -883,353Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -2,944,677Source | 5,321,845Source | 1,169,778Source | -1,096,748Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 3,657,890Source | 3,733,771Source | 5,632,551Source | 66,717Source |
| Income Taxes Paid, NetUSD | 508,689Source | 1,705,967Source | 3,775,967Source | 527,583Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -164,801Source | 3,258Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 1,668,922Source | 987,611Source | 707,149Source | 707,147Source |
| DepreciationUSD | 353,249Source | 282,851Source | 75,204Source | 58,384Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | 5,889,261Source | 879,733Source | -4,020,698Source | — |
| Financing Interest ExpenseUSD | — | 0Source | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | -564,037Source | -1,147,856Source |
| GoodwillUSD | 20,516,018Source | 20,516,018Source | 4,463,129Source | 4,463,129Source |
| Income (Loss) from Equity Method InvestmentsUSD | 838,829Source | 136,656Source | — | — |
| Income Tax Expense (Benefit)USD | -8,669,235Source | 1,388,983Source | 2,414,298Source | 519,869Source |
| InterestExpenseNonoperatingUSD | 4,360,242Source | — | — | — |
| Net Income (Loss) Attributable to ParentUSD | -7,019,262Source | 8,214,568Source | 3,534,554Source | 1,725,497Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -93,941Source | 12,795Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | 8,201,773Source | — | — |
| Nonoperating Income (Expense)USD | -11,400,018Source | -920,827Source | -10,575,565Source | -1,283,622Source |
| Operating ExpensesUSD | 267,740,673Source | 315,230,770Source | 997,962,263Source | 368,358,284Source |
| Operating Lease, ExpenseUSD | — | — | 1,717,807Source | 1,506,090Source |
| Proceeds from Issuance of Common StockUSD | — | 0Source | — | — |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 262,519,424Source | 325,618,492Source | 1,014,486,680Source | 371,887,272Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Operating Income (Loss)USD | -4,382,420Source | 10,524,378Source | 16,524,417Source | 3,528,988Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -15,782,438Source | 9,603,551Source | 5,948,852Source | 2,245,366Source |
| Income Tax Expense (Benefit)USD | -8,669,235Source | 1,388,983Source | 2,414,298Source | 519,869Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -93,941Source | 12,795Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -7,019,262Source | 8,214,568Source | 3,534,554Source | 1,725,497Source |
| Earnings Per Share, BasicUSD per share | -0.01Source | 0.01Source | 0Source | 0Source |
| Earnings Per Share, DilutedUSD per share | -0.01Source | — | 0Source | 0Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 799,141,770Source | 785,412,500Source | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 799,141,770Source | 9,664,238,154Source | 605,817,180Source | 10,030,364,061Source |
| Interest Expense (non-operating)USD | 4,360,242Source | — | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 1,668,922Source | 987,611Source | 707,149Source | 707,147Source |
| Current Income Tax Expense (Benefit)USD | 43,693Source | 2,203,635Source | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 2,022,172Source | 1,270,462Source | 782,351Source | 765,532Source |
| Financing Interest ExpenseUSD | — | 0Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -16,336,839Source | 8,944,305Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 838,829Source | 136,656Source | — | — |
| Interest ExpenseUSD | 400,000Source | 3,836,511Source | 5,632,551Source | 1,781,828Source |
| Labor and Related ExpenseUSD | 22,884,389Source | 15,378,957Source | 11,736,610Source | 9,184,390Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | 8,201,773Source | — | — |
| Nonoperating Income (Expense)USD | -11,400,018Source | -920,827Source | -10,575,565Source | -1,283,622Source |
| Operating ExpensesUSD | 267,740,673Source | 315,230,770Source | 997,962,263Source | 368,358,284Source |
| Operating Lease, ExpenseUSD | — | — | 1,717,807Source | 1,506,090Source |
| Other Cost and Expense, OperatingUSD | 2,228,788Source | 1,880,332Source | 1,508,425Source | 877,458Source |
| Selling ExpenseUSD | 2,448,631Source | 2,883,916Source | 6,653,335Source | 4,535,373Source |