GCT Q3 2022 Earnings — GigaCloud Technology Inc. Revenue & Financial Results | Market Cap Arena

GCTGigaCloud Technology Inc.

$2B

Q3 2022 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$128M+23.4% YoY

Gross Profit

$23M17.6% margin

Operating Income

$4M3.3% margin

Net Income

$657,0000.5% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$33M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$372M

Total Liabilities

$194M

Stockholders' Equity

$178M

Cash & Equivalents

$116M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$128M	$104M	+23.4%
Gross Profit	$23M	$20M	+11.6%
Operating Income	$4M	$812,000	+423.2%
Net Income	$657,000	-$2M	+139.9%