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ACQUISITIONS (Tables) | 12 Months Ended
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Sep. 30, 2025
ACQUISITIONS |
Schedule of unaudited supplemental pro forma information | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | For the year ended September 2025 |  | For the year ended September 2024
Revenue | ​ | $ | 2,825,386,529 | ​ | $ | 2,810,859,400
Net income available to common shareholders | ​ | $ | 880,645 | ​ | $ | 4,567,482
​
Arrowrock Supply |
ACQUISITIONS |
Schedule of identifiable assets and liabilities assumed | ​
​ | ​ | ​ | ​
Accounts receivable | ​ | $ | 12,375
Inventories | ​ | ​ | 2,998,299
Prepaid and other assets | ​ | ​ | 1,789
Property and equipment - Land | ​ | ​ | 597,700
Property and equipment - Building | ​ | ​ | 2,466,364
Property and equipment - Vehicles | ​ | ​ | 55,000
Total identifiable net assets | ​ | $ | 6,131,527
​ | ​ | ​ | ​
Total consideration | ​ | $ | 6,131,527
Schedule of supplemental financial data | The following table sets forth the supplemental financial data for Arrowrock from the acquisition date through September 2025, which is included in the Company’s consolidated results for fiscal 2025. ​
​ | ​ | ​ | ​
Revenue | ​ | $ | 23,169,923
Net loss available to common shareholders | ​ | $ | (119,609)
Burklund Distributors, Inc and Richmond Master Distributors, Inc |
ACQUISITIONS |
Schedule of identifiable assets and liabilities assumed | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | Richmond | ​ | ​ | ​
​ | ​ | ​ | Burklund | ​ | ​ | Master | ​ | ​ | Total
Accounts receivable | ​ | $ | 3,338,217 | ​ | $ | 2,272,945 | ​ | $ | 5,611,162
Inventories | ​ | ​ | 10,987,058 | ​ | ​ | 3,750,603 | ​ | ​ | 14,737,661
Prepaid and other assets | ​ | ​ | 955,965 | ​ | ​ | 472,111 | ​ | ​ | 1,428,076
Property and equipment | ​ | ​ | 5,956,948 | ​ | ​ | 250,000 | ​ | ​ | 6,206,948
Operating lease right-of use assets | ​ | ​ | — | ​ | ​ | 506,356 | ​ | ​ | 506,356
Liabilities assumed | ​ | ​ | (295,347) | ​ | ​ | (620,976) | ​ | ​ | (916,323)
Total identifiable net assets | ​ | $ | 20,942,841 | ​ | $ | 6,631,039 | ​ | $ | 27,573,880
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total consideration | ​ | $ | 20,942,841 | ​ | $ | 6,631,039 | ​ | $ | 27,573,880
Schedule of supplemental financial data | The following table sets forth the supplemental financial data for Burklund and Richmond Master from the respective acquisition dates through September 2024, which are included in the Company’s consolidated results for fiscal 2024. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | Richmond | ​ | ​ | ​
​ | ​ | ​ | Burklund | ​ | ​ | Master | ​ | ​ | Total
Revenue | ​ | $ | 73,396,615 | ​ | $ | 25,194,245 | ​ | $ | 98,590,860
Net income (loss) available to common shareholders | ​ | $ | (496) | ​ | $ | 61,544 | ​ | $ | 61,048
Schedule of consideration paid for each business acquisition transaction | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | Richmond | ​ | ​ | ​
​ | ​ | ​ | Burklund | ​ | ​ | Master | ​ | ​ | Total
Cash | ​ | $ | 15,464,397 | ​ | $ | 6,631,039 | ​ | $ | 22,095,436
Note payable | ​ | ​ | 3,900,000 | ​ | ​ | — | ​ | ​ | 3,900,000
Contingent consideration at fair value | ​ | ​ | 1,578,444 | ​ | ​ | — | ​ | ​ | 1,578,444
Total consideration | ​ | $ | 20,942,841 | ​ | $ | 6,631,039 | ​ | $ | 27,573,880

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