GIC Q1 2022 Earnings — Global Industrial Company Revenue & Financial Results | Market Cap Arena

GICGlobal Industrial Company

$1B

Q1 2022 Earnings

Industrials Industrial - Distribution

Income Statement

Revenue

$289M+14.9% YoY

Gross Profit

$108M37.4% margin

Operating Income

$30M10.2% margin

Net Income

$22M7.6% margin

EPS (Diluted)

$0.58

QoQ Revenue Growth

+10.2%

Cash Flow

Operating Cash Flow

-$14M

Free Cash Flow

-$15M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$446M

Total Liabilities

$276M

Stockholders' Equity

$171M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$289M	$251M	+14.9%
Gross Profit	$108M	$77M	+39.5%
Operating Income	$30M	$7M	+347.0%
Net Income	$22M	$15M	+44.7%

Geographic Segments

UNITED STATES

$267M93%

CANADA

$21M7%