Grid Dynamics Holdings, Inc. (GDYN)

Grid Dynamics Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	231.26	257.23	256.73	144.36	112.75	42.19
Cash & Short-Term Investments	231.26	257.23	256.73	144.36	112.75	42.19
Cash Growth	-8.85%	0.19%	77.83%	28.04%	167.24%	136.19%
Accounts Receivable	70.06	53.56	53.95	43.31	18.69	18.93
Other Receivables	-	-	-	0.93	0.33	-
Receivables	70.06	53.56	53.95	44.24	19.01	18.93
Prepaid Expenses	11.39	9.2	8.15	3.45	1.65	2.71
Other Current Assets	10.29	4	4.29	0.7	1.21	2.19
Total Current Assets	323	323.98	323.13	192.76	134.62	66.02
Property, Plant & Equipment	18.64	16.72	14.42	4.96	2.81	2.89
Long-Term Investments	2.63	1.3	1	-	-	-
Goodwill	73.88	53.87	45.51	35.96	14.69	-
Other Intangible Assets	50.1	31.63	21.86	20.3	9.41	1.16
Long-Term Deferred Tax Assets	7.52	6.42	5	2.73	5.61	1.47
Other Long-Term Assets	1.49	1.25	0.22	-	-	-
Total Assets	477.25	435.17	411.15	256.72	167.14	71.53
Accounts Payable	3.72	3.62	3.9	2.05	0.76	0.77
Accrued Expenses	30.58	23.2	15.71	12.58	8.62	6.53
Current Portion of Leases	5.18	4.24	2.51	-	-	-
Current Income Taxes Payable	13.19	8.83	10.72	1.98	1.25	0.87
Current Unearned Revenue	0.4	0.58	1.12	0.41	-	-
Other Current Liabilities	1.17	1.76	4.75	8.33	2.69	0.14
Total Current Liabilities	54.23	42.22	38.71	25.34	13.32	8.3
Long-Term Leases	7.65	6.76	5.64	-	-	-
Long-Term Deferred Tax Liabilities	7.62	3.27	3.76	4.32	2.09	-
Total Liabilities	77.01	52.26	48.1	29.67	15.41	8.3
Common Stock	0.01	0.01	0.01	0.01	0.01	0
Additional Paid-In Capital	415.43	397.51	378.01	212.08	128.93	18.65
Retained Earnings	-16.37	-15.89	-14.12	15.09	22.79	35.39
Comprehensive Income & Other	1.18	1.27	-0.85	-0.13	-0	-
Total Common Equity	400.25	382.91	363.04	227.05	151.72	54.04
Shareholders' Equity	400.25	382.91	363.04	227.05	151.72	63.23
Total Liabilities & Equity	477.25	435.17	411.15	256.72	167.14	71.53
Total Debt	12.83	11	8.14	-	-	-
Net Cash (Debt)	219.81	246.23	248.59	144.36	112.75	42.19
Net Cash Growth	-9.38%	-0.95%	72.20%	28.04%	167.24%	136.19%
Net Cash Per Share	2.88	3.27	3.59	2.46	2.52	2.00
Filing Date Shares Outstanding	76.81	75.97	74.83	66.95	53.8	50.83
Total Common Shares Outstanding	76.74	75.89	74.16	66.85	50.88	12.85
Working Capital	268.76	281.76	284.42	167.42	121.3	57.72
Book Value Per Share	5.22	5.05	4.90	3.40	2.98	4.21
Tangible Book Value	276.27	297.41	295.67	170.79	127.62	52.89
Tangible Book Value Per Share	3.60	3.92	3.99	2.55	2.51	4.12
Machinery	18.64	16.14	13.64	12.2	7.64	6.14
Leasehold Improvements	1.39	1.34	0.65	0.49	0.24	0.12

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