GCT Q1 2022 Earnings — GigaCloud Technology Inc. Revenue & Financial Results | Market Cap Arena

GCTGigaCloud Technology Inc.

$2B

Q1 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$112M+19.0% YoY

Gross Profit

$17M15.0% margin

Operating Income

$7M6.7% margin

Net Income

$5M4.2% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

+7.9%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$15M

Stock-Based Comp.

$199,000

Balance Sheet

Total Assets

$347M

Total Liabilities

$217M

Stockholders' Equity

$131M

Cash & Equivalents

$50M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$112M	$95M	+19.0%
Gross Profit	$17M	$21M	-19.2%
Operating Income	$7M	$11M	-29.3%
Net Income	$5M	$8M	-40.6%