GDYN Q1 2022 Earnings — Grid Dynamics Holdings, Inc. Revenue & Financial Results | Market Cap Arena

GDYNGrid Dynamics Holdings, Inc.

$523M

Q1 2022 Earnings

Technology Information Technology Services

Income Statement

Revenue

$71M+82.5% YoY

Gross Profit

$27M37.5% margin

Operating Income

$203,0000.3% margin

Net Income

-$3M-3.7% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

+7.3%

Cash Flow

Operating Cash Flow

$10M

Free Cash Flow

$8M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$276M

Total Liabilities

$45M

Stockholders' Equity

$231M

Cash & Equivalents

$153M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$71M	$39M	+82.5%
Gross Profit	$27M	$15M	+74.6%
Operating Income	$203,000	-$2M	+111.4%
Net Income	-$3M	-$2M	-29.3%

Revenue Segments

Retail

$23M33%

Technology, Media, And Telecom

$21M30%

Manufactured Product, Other

$15M21%

Product and Service, Other

$7M10%

Financial Service

$5M6%

Geographic Segments

North America

$58M81%

Europe

$14M19%