Ga Sai Tong Enterprise Limited (GST)

Ga Sai Tong Enterprise was planning to go public, but the IPO was withdrawn on Jan 27, 2026.

IPO Price Range

$4.00 - $6.00

Shares Offered

6,250,000

Deal Size

$31.25M

Ga Sai Tong Enterprise Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	2.77	2.28	1.96
Revenue Growth	-	16.31%	-
Gross Profit	1.45	1.05	0.85
Operating Income	1.08	0.98	0.64
Net Income	0.86	0.79	0.46

Fiscal Year	Current	FY 2024	FY 2023
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Investments	1.59	3.07	2.62
Total Debt	1.58	1.83	2.18
Net Cash (Debt)	0.01	1.23	0.44
Net Cash Growth	-	180.85%	-

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Operating Cash Flow	3.32	0.64	0.08
Free Cash Flow	3.32	0.64	0.08
Free Cash Flow Growth	-	739.03%	-

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Gross Margin	52.49%	46.11%	43.55%
Operating Margin	39.22%	43.04%	32.64%
Pretax Margin	36.31%	38.54%	26.75%
Profit Margin	30.93%	34.87%	23.27%
FCF Margin	120.09%	28.26%	3.92%