GCT Q1 2023 Earnings — GigaCloud Technology Inc. Revenue & Financial Results | Market Cap Arena

GCTGigaCloud Technology Inc.

$2B

Q1 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$128M+13.7% YoY

Gross Profit

$30M23.1% margin

Operating Income

$18M14.0% margin

Net Income

$16M12.5% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

+1.7%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$20M

Stock-Based Comp.

$247,000

Balance Sheet

Total Assets

$437M

Total Liabilities

$226M

Stockholders' Equity

$211M

Cash & Equivalents

$163M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$128M	$112M	+13.7%
Gross Profit	$30M	$17M	+75.3%
Operating Income	$18M	$7M	+138.7%
Net Income	$16M	$5M	+236.4%