$Radiant Logistics (RLGT.US)$In 2022, revenue, operating pro...
$Radiant Logistics (RLGT.US)$In 2022, revenue, operating profit, and net profit surged 62.2%, 94.4%, and 92.5%, respectively.
In the first three quarters of 2023, revenue shrank by 20.7%, operating profit shrank by 38%, and net profit shrank by 37.2%.
Currently, the price-earnings ratio is 7.6, and the price-earnings ratio has increased to 9.8. If net profit shrinks by 40% for the whole year, the price-earnings ratio will increase to 12.7, and the valuation is quite reasonable.
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