See more : The Alumasc Group plc (ALU.L) Income Statement Analysis – Financial Results
Complete financial analysis of GigaCloud Technology Inc. (GCT) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of GigaCloud Technology Inc., a leading company in the Software – Infrastructure industry within the Technology sector.
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GigaCloud Technology Inc. (GCT)
About GigaCloud Technology Inc.
GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise. Its marketplace connects manufacturers primarily in Asia with resellers in the United States, Asia, and Europe to execute cross-border transactions across furniture, home appliance, fitness equipment, and other large parcel categories. The company was formerly known as Oriental Standard Human Resources Holdings Limited and changed its name to GigaCloud Technology Inc. in February 2021. GigaCloud Technology Inc. was founded in 2006 and is headquartered in Suzhou, China.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 703.83M | 490.07M | 414.20M | 275.48M | 122.30M |
| Cost of Revenue | 515.20M | 406.96M | 324.60M | 200.36M | 100.10M |
| Gross Profit | 188.63M | 83.11M | 89.60M | 75.12M | 22.19M |
| Gross Profit Ratio | 26.80% | 16.96% | 21.63% | 27.27% | 18.15% |
| Research & Development | 3.93M | 1.43M | 0.00 | 0.00 | 0.00 |
| General & Administrative | 30.01M | 22.63M | 36.76M | 19.40M | 8.74M |
| Selling & Marketing | 41.39M | 24.04M | 13.49M | 11.53M | 8.65M |
| SG&A | 71.39M | 46.67M | 50.24M | 30.93M | 17.39M |
| Other Expenses | 0.00 | -1.09M | 156.00K | 56.00K | -168.00K |
| Operating Expenses | 78.56M | 47.01M | 50.24M | 30.93M | 17.39M |
| Cost & Expenses | 590.52M | 453.96M | 374.84M | 231.29M | 117.49M |
| Interest Income | 3.30M | 472.00K | 537.00K | 58.00K | 2.00K |
| Interest Expense | 1.24M | 568.00K | 309.00K | 46.00K | 0.00 |
| Depreciation & Amortization | 2.87M | 2.04M | 775.00K | 227.00K | 128.00K |
| EBITDA | 119.79M | 33.77M | 38.81M | 45.55M | 4.93M |
| EBITDA Ratio | 17.02% | 7.75% | 9.86% | 16.16% | 3.90% |
| Operating Income | 113.31M | 35.02M | 39.35M | 44.18M | 4.80M |
| Operating Income Ratio | 16.10% | 7.15% | 9.50% | 16.04% | 3.93% |
| Total Other Income/Expenses | 1.68M | -3.86M | -1.63M | 1.09M | 0.00 |
| Income Before Tax | 115.00M | 31.16M | 37.73M | 45.28M | 4.80M |
| Income Before Tax Ratio | 16.34% | 6.36% | 9.11% | 16.44% | 3.93% |
| Income Tax Expense | 20.89M | 7.19M | 8.47M | 7.82M | 1.95M |
| Net Income | 94.11M | 23.97M | 29.26M | 37.46M | 2.86M |
| Net Income Ratio | 13.37% | 4.89% | 7.06% | 13.60% | 2.34% |
| EPS | 2.31 | 0.60 | 0.69 | 0.93 | 0.07 |
| EPS Diluted | 2.30 | 0.60 | 0.69 | 0.93 | 0.07 |
| Weighted Avg Shares Out | 40.79M | 40.24M | 39.75M | 39.75M | 40.24M |
| Weighted Avg Shares Out (Dil) | 40.92M | 40.24M | 40.24M | 40.24M | 40.24M |
GigaCloud Technology Inc. (GCT) is Attracting Investor Attention: Here is What You Should Know
GigaCloud Technology Inc. (GCT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
GigaCloud Technology: A Real Bargain For Growth Investors
I maintain a Strong Buy rating on GigaCloud due to solid revenue growth, operational efficiency, and significant undervaluation. GCT reported a Q3 70% YoY revenue increase and 64% YoY growth in adjusted EBITDA, showcasing strong operational performance. Impressive international expansion...
GigaCloud Technology Inc. (GCT) Is Considered a Good Investment by Brokers: Is That True?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
GCT Semiconductor Holding, Inc. Signs Strategic Definitive Agreement with European Tier One Telecommunications Supplier
SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor Holding, Inc. Signs Strategic Definitive Agreement with European Tier One Telecommunications Supplier.
GigaCloud Falls On A Massive Earnings Beat: Buy The Drop
I believe GigaCloud Technology's recent stock dip is an overreaction; the company remains undervalued despite strong growth and exceeding Q3 2024 forecasts. GigaCloud's diverse revenue streams, expanding market share, and strategic investments position it for future success, despite short-term margin...
GCT Semiconductor Holding, Inc. Reports Third Quarter 2024 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor Holding, Inc. Reports Third Quarter 2024 Financial Results.
Wall Street Analysts See GigaCloud Technology Inc. (GCT) as a Buy: Should You Invest?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
GigaCloud Technology Inc. (GCT) Is a Trending Stock: Facts to Know Before Betting on It
GigaCloud Technology Inc. (GCT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
GigaCloud Technology, Inc. (GCT) Q3 2024 Earnings Call Transcript
GigaCloud Technology, Inc. (NASDAQ:GCT ) Q3 2024 Earnings Conference Call November 7, 2024 7:30 PM ET Company Participants Larry Lei Wu - Founder, Chairman, Director and Chief Executive Officer Iman Schrock - President Erica Wei - Interim Chief Financial Officer...
GigaCloud Technology Inc. (GCT) Q3 Earnings and Revenues Beat Estimates
GigaCloud Technology Inc. (GCT) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.59 per share a year ago.
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