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Ga Sai Tong Enterprise was planning to go public, but the IPO was withdrawn on Jan 27, 2026.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

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	2.77	2.28	1.96
Revenue Growth	-	16.31%	-
Cost of Revenue	-	1.23	1.1
Gross Profit	1.45	1.05	0.85
Selling, General & Admin	-	0.07	0.21
Operating Expenses	-	0.07	0.21
Operating Income	1.08	0.98	0.64
Interest Expense (Income)	0.09	0.1	0.12
Other Expense (Income)	-0.01	-0	-0
Pretax Income	1	0.88	0.52
Income Tax	0.15	0.08	0.07
Net Income	0.86	0.79	0.46

Additional Metrics

Year Ending	TTM	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Free Cash Flow	3.32	0.64	0.08
Free Cash Flow Growth	-	739.03%	-
Gross Margin	52.49%	46.11%	43.55%
Operating Margin	39.22%	43.04%	32.64%
Profit Margin	30.93%	34.87%	23.27%
Free Cash Flow Margin	120.09%	28.26%	3.92%
Effective Tax Rate	14.82%	9.52%	13.02%
EBITDA	1.26	1.17	0.94
EBITDA Margin	45.42%	51.29%	48.26%
Depreciation & Amortization	0.16	0.19	0.3
EBIT	1.09	0.98	0.64
EBIT Margin	39.47%	43.10%	32.70%