GDYN Q2 2022 Earnings — Grid Dynamics Holdings, Inc. Revenue & Financial Results | Market Cap Arena

GDYNGrid Dynamics Holdings, Inc.

$523M

Q2 2022 Earnings

Technology Information Technology Services

Income Statement

Revenue

$77M+62.2% YoY

Gross Profit

$29M37.3% margin

Operating Income

-$11M-14.0% margin

Net Income

-$13M-17.1% margin

EPS (Diluted)

$-0.20

QoQ Revenue Growth

+8.3%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

$4M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$278M

Total Liabilities

$45M

Stockholders' Equity

$233M

Cash & Equivalents

$150M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$77M	$48M	+62.2%
Gross Profit	$29M	$20M	+45.8%
Operating Income	-$11M	$1M	-883.9%
Net Income	-$13M	-$1M	-789.1%

Revenue Segments

Retail

$25M33%

Technology, Media, And Telecom

$23M30%

Manufactured Product, Other

$16M21%

Product and Service, Other

$7M10%

Financial Service

$5M7%

Geographic Segments

North America

$64M82%

Europe

$14M18%