GDYN Q4 2023 Earnings — Grid Dynamics Holdings, Inc. Revenue & Financial Results | Market Cap Arena

GDYNGrid Dynamics Holdings, Inc.

$523M

Q4 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$78M-3.1% YoY

Gross Profit

$28M36.0% margin

Operating Income

-$1M-1.4% margin

Net Income

$3M3.7% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

+0.8%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

$5M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$435M

Total Liabilities

$52M

Stockholders' Equity

$383M

Cash & Equivalents

$257M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$78M	$81M	-3.1%
Gross Profit	$28M	$32M	-12.9%
Operating Income	-$1M	-$6M	+81.0%
Net Income	$3M	-$7M	+143.3%

Revenue Segments

Retail

$25M31%

Technology, Media, And Telecom

$24M31%

Product and Service, Other

$11M15%

Manufactured Product, Other

$10M12%

Financial Service

$8M11%