GigaCloud Technology Inc. (GCT)

GigaCloud Technology Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	703.83	490.07	414.2	275.48	122.3
Revenue Growth (YoY)	43.62%	18.32%	50.36%	125.26%	-
Cost of Revenue	515.2	406.96	324.6	200.36	100.1
Gross Profit	188.63	83.11	89.6	75.12	22.19
Selling, General & Admin	71.39	46.67	50.24	30.93	17.39
Research & Development	3.93	1.43	0	0	0
Other Operating Expenses	3.24	0	0	0	0
Operating Expenses	78.56	48.09	50.24	30.93	17.39
Operating Income	110.08	35.02	39.35	44.18	4.8
Interest Expense / Income	1.24	0.57	0.31	0.05	0
Other Expense / Income	-6.16	3.29	1.32	-1.14	-
Pretax Income	115	31.16	37.73	45.28	4.8
Income Tax	20.89	7.19	8.47	7.82	1.95
Net Income	94.11	23.97	29.26	37.46	2.86
Preferred Dividends	0	0.94	1.5	0.15	0
Net Income Common	94.11	23.03	27.76	37.3	2.86
Net Income Growth	308.61%	-17.03%	-25.59%	1205.67%	-
Shares Outstanding (Basic)	41	24	10	9	9
Shares Outstanding (Diluted)	41	24	10	9	9
Shares Change	67.63%	138.21%	7.92%	-	-
EPS (Basic)	2.31	0.60	0.88	1.36	0.11
EPS (Diluted)	2.30	0.60	0.88	1.36	0.11
EPS Growth	283.33%	-31.82%	-35.29%	1136.36%	-
Free Cash Flow	129.53	48.95	6.73	32.64	0.21
Free Cash Flow Per Share	3.18	2.00	0.66	3.44	0.02
Gross Margin	26.80%	16.96%	21.63%	27.27%	18.15%
Operating Margin	15.64%	7.15%	9.50%	16.04%	3.93%
Profit Margin	13.37%	4.70%	6.70%	13.54%	2.34%
Free Cash Flow Margin	18.40%	9.99%	1.63%	11.85%	0.17%
Effective Tax Rate	18.16%	23.08%	22.45%	17.27%	40.50%
EBITDA	121.59	35.51	38.81	45.55	4.93
EBITDA Margin	17.28%	7.25%	9.37%	16.53%	4.03%
Depreciation & Amortization	5.36	3.78	0.78	0.23	0.13
EBIT	116.24	31.73	38.03	45.32	4.8
EBIT Margin	16.51%	6.47%	9.18%	16.45%	3.93%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).