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Asset logo for symbol GCT
GigaCloud Technology
GCT82
$18.05arrow_drop_down0.66%-$0.12
Asset logo for symbol GCT
GCT82

$18.05

arrow_drop_down0.66%

Income Statement (GCT)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
EBIT$38.61M$29.09M$33.40M$42.95M$32.72M
EBITDA$40.72M$31.15M$35.48M$44.67M$33.11M
gross Profit$77.25M$76.44M$66.54M$69.83M$48.85M
NET Income$40.68M$26.96M$27.19M$35.57M$24.20M
total Revenue$303.31M$310.86M$251.07M$244.73M$178.16M

Balance Sheet (GCT)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
cash Equivalents-----
net Debt$286.66M$330.66M$284.40M$219.10M-$49.50M
stockholders Equity$400.38M$358.41M$317.77M$290.41M$254.19M
total Assets$1.07B$1.05B$977.60M$846.90M$529.77M
total Debt$504.25M$517.19M$470.51M$403.27M$164.47M
total Liabilities$672.95M$696.60M$659.82M$556.49M$275.57M

Cash Flow (GCT)

itemSep 2024Jun 2024Mar 2024Dec 2023Sep 2023
financing Cash Flow$1.14M-$549.77K-$595.00K-$591.44K-$2.38M
free Cash Flow$51.49M$12.81M$11.31M$47.04M$43.41M
investing Cash Flow-----
operating Cash Flow$55.36M$18.98M$15.30M$50.53M$44.08M

GigaCloud Technology (GCT) Financials

GigaCloud Technology Inc (GCT) is a technology company that specializes in cloud computing services. The company's financials show a strong performance in recent years. According to its income statement, GCT has consistently reported rising total revenue, with a significant increase in gross profit. This can be attributed to the growing demand for cloud services. GCT's net income from stockholders has also been positive, indicating a healthy return on investment for shareholders.
The company's balance sheet reveals a strong financial position. GCT has a substantial amount of total assets, including cash equivalents and stockholders' equity. The net debt of the company is low, indicating a manageable level of debt. This is further supported by a healthy amount of free cash flow. GCT's financing cash flow shows that the company has raised capital through various means to support its growth and operations. The investing cash flow indicates that GCT has made strategic investments to expand its capabilities and offerings. Overall, GCT's financials paint a positive picture of its financial strength and stability.
In terms of profitability, GCT's ebit and ebitda figures are impressive. Both metrics show a consistent growth trend, indicating that the company is generating healthy operating profits before interest, taxes, and depreciation. This signifies robust operational efficiency and cost management. GCT's ability to generate strong ebit and ebitda figures is a testament to its competitive advantage in the cloud computing market.
Considering the company's total liabilities, GCT has managed its debt well. The total debt is relatively low compared to the total assets, indicating a strong ability to meet its financial obligations. Furthermore, GCT's total liabilities are well-supported by its total assets, ensuring a stable and sustainable financial position.
GCT's cash flow statement highlights its strong cash management. The operating cash flow indicates a consistent ability to generate cash from its core business operations. This is further supported by the positive free cash flow, indicating that GCT has excess cash after meeting its capital expenditure needs. The investing and financing cash flows showcase the company's strategic investments and capital raising activities to support its growth initiatives.
In conclusion, GigaCloud Technology Inc (GCT) has shown strong financial performance and stability. Its total revenue, gross profit, and net income from stockholders have consistently grown. The balance sheet reflects a solid financial position with a manageable level of debt. The company's profitability, as measured by ebit and ebitda, is robust. Additionally, GCT's cash flow statement demonstrates effective cash management and strategic investment decisions. Overall, GCT's financials indicate a healthy and thriving technology company in the cloud computing industry.
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