Janel Corp
janelcorp.comWhat Do They Do?
Arranges freight transportation and related logistics services for businesses shipping goods. Sells research reagents and mixing equipment to research organizations and businesses.
10-K for FY2025, filed Dec 5, 2025The Company’s Logistics segment is comprised of several wholly-owned subsidiaries. The Logistics segment is a non-asset based, full-service…View ↗
The Company’s Life Sciences segment comprises several subsidiaries. The Company’s Life Sciences segment manufactures and distributes…View ↗
The Company’s Manufacturing segment is comprised of Indco, Inc. (“Indco”). Indco is a wholly-owned subsidiary of the Company that…View ↗
How Do They Make Money?
Logistics earns flat fees for some services and the difference between customer charges and provider rates for brokered services; it earns revenue as shipment services are completed, typically within a one- to two-month period. Life Sciences and Manufacturing earn revenue when products ship.
10-K for FY2025, filed Dec 5, 2025Our Logistics segment earns flat fees for certain services, such as customs entry filing. For brokered services, Logistics earns the…View ↗
The Company typically satisfies its performance obligations as services are rendered at a point in time. A typical shipment would include…View ↗
Revenues from the Life Sciences segment are derived from the sale of high-quality monoclonal and polyclonal antibodies, diagnostic…View ↗
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10-K for FY2025, filed Dec 5, 2025
FY2025 revenue by product or service ↗
$207.4M
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10-K for FY2025, filed Dec 5, 2025
$207.4M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Logistics
Sold outright
10-K for FY2025, filed Dec 5, 2025 |
89% |
Logistics, FY2025
$183.8M Sources
|
Sold outright |
|
Life Sciences and Manufacturing
Sold outright
10-K for FY2025, filed Dec 5, 2025 |
11% |
Life Sciences and Manufacturing, FY2025
$23.6M Sources
|
Sold outright |
Who Are Their Customers?
Logistics serves clients moving freight. Life Sciences sells to academic, nonprofit and commercial customers directly through its website or distributors; Indco sells mixing equipment to small and midsized businesses and larger customers.
10-K for FY2025, filed Dec 5, 2025The Company’s Logistics segment helps clients move and manage freight efficiently to reduce inventories and to increase supply chain speed…View ↗
The Company’s Life Sciences segment comprises several subsidiaries. The Company’s Life Sciences segment manufactures and distributes…View ↗
Customers and distribution methods: We sell our biotechnology products directly to customers, principally direct through our website or…View ↗
The Company’s Manufacturing segment is comprised of Indco, Inc. (“Indco”). Indco is a wholly-owned subsidiary of the Company that…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 3 cents of every revenue dollar as net income in FY2025.
10-K for FY2025, filed Dec 5, 2025
How Are They Changing?
10-Q for Q3 FY2026, filed Aug 7, 2026
Open tableView ↗
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Jan 5, 2026
Janel changed its independent auditor
The audit committee dismissed Prager Metis and engaged Baker Tilly for the fiscal 2026 audit.
Sources
8-K, filed Jan 5, 2026
On, and effective as of, December 30, 2025, the Audit Committee (the “Committee”) of the Board of Directors of Janel Corporation (the…View ↗
Growing. Revenue grew 42% in 4 years, from $146.4M in FY2021 to $207.4M in FY2025, about 9% a year.
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