GCT Q2 2022 Earnings — GigaCloud Technology Inc. Revenue & Financial Results | Market Cap Arena

GCTGigaCloud Technology Inc.

$2B

Q2 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$124M+11.0% YoY

Gross Profit

$17M13.7% margin

Operating Income

$8M6.6% margin

Net Income

$6M4.9% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+10.3%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$4M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$335M

Total Liabilities

$200M

Stockholders' Equity

$135M

Cash & Equivalents

$49M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$124M	$112M	+11.0%
Gross Profit	$17M	$29M	-41.1%
Operating Income	$8M	$17M	-50.5%
Net Income	$6M	$14M	-55.2%