Grid Dynamics Holdings, Inc. (GDYN)

Grid Dynamics Holdings Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	334.66	257.23	256.73	144.36	112.75
Cash & Short-Term Investments	334.66	257.23	256.73	144.36	112.75
Cash Growth	30.10%	0.19%	77.83%	28.04%	167.24%
Accounts Receivable	69.37	53.56	53.95	43.31	18.69
Other Receivables	-	-	-	0.93	0.33
Receivables	69.37	53.56	53.95	44.24	19.01
Prepaid Expenses	19.28	9.2	8.15	3.45	1.65
Other Current Assets	-	4	4.29	0.7	1.21
Total Current Assets	423.3	323.98	323.13	192.76	134.62
Property, Plant & Equipment	26.13	16.72	14.42	4.96	2.81
Long-Term Investments	-	1.3	1	-	-
Goodwill	83.41	53.87	45.51	35.96	14.69
Other Intangible Assets	47.92	31.63	21.86	20.3	9.41
Long-Term Deferred Tax Assets	8.77	6.42	5	2.73	5.61
Other Long-Term Assets	2.66	1.25	0.22	-	-
Total Assets	592.19	435.17	411.15	256.72	167.14
Accounts Payable	4.07	3.62	3.9	2.05	0.76
Accrued Expenses	46.06	23.2	15.71	12.58	8.62
Current Portion of Leases	5.42	4.24	2.51	-	-
Current Income Taxes Payable	-	8.83	10.72	1.98	1.25
Current Unearned Revenue	-	0.58	1.12	0.41	-
Other Current Liabilities	-	1.76	4.75	8.33	2.69
Total Current Liabilities	55.54	42.22	38.71	25.34	13.32
Long-Term Leases	7.21	6.76	5.64	-	-
Long-Term Deferred Tax Liabilities	8.91	3.27	3.76	4.32	2.09
Other Long-Term Liabilities	2.7	-	-	-	-
Total Liabilities	74.36	52.26	48.1	29.67	15.41
Common Stock	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	532.58	397.51	378.01	212.08	128.93
Retained Earnings	-11.85	-15.89	-14.12	15.09	22.79
Comprehensive Income & Other	-2.91	1.27	-0.85	-0.13	-0
Total Common Equity	517.83	382.91	363.04	227.05	151.72
Shareholders' Equity	517.83	382.91	363.04	227.05	151.72
Total Liabilities & Equity	592.19	435.17	411.15	256.72	167.14
Total Debt	12.63	11	8.14	-	-
Net Cash (Debt)	322.03	246.23	248.59	144.36	112.75
Net Cash Growth	30.78%	-0.95%	72.20%	28.04%	167.24%
Net Cash Per Share	4.03	3.27	3.59	2.46	2.52
Filing Date Shares Outstanding	83.61	75.97	74.83	66.95	53.8
Total Common Shares Outstanding	83.61	75.89	74.16	66.85	50.88
Working Capital	367.76	281.76	284.42	167.42	121.3
Book Value Per Share	6.19	5.05	4.90	3.40	2.98
Tangible Book Value	386.5	297.41	295.67	170.79	127.62
Tangible Book Value Per Share	4.62	3.92	3.99	2.55	2.51
Machinery	-	16.14	13.64	12.2	7.64
Leasehold Improvements	-	1.34	0.65	0.49	0.24

Source: S&P Capital IQ. Standard template. Financial Sources.