GIC Q1 2024 Earnings — Global Industrial Company Revenue & Financial Results | Market Cap Arena

GICGlobal Industrial Company

$1B

Q1 2024 Earnings

Industrials Industrial - Distribution

Income Statement

Revenue

$323M+18.1% YoY

Gross Profit

$111M34.3% margin

Operating Income

$17M5.4% margin

Net Income

$13M4.1% margin

EPS (Diluted)

$0.34

QoQ Revenue Growth

+1.0%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

$5M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$517M

Total Liabilities

$257M

Stockholders' Equity

$260M

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$323M	$274M	+18.1%
Gross Profit	$111M	$98M	+12.7%
Operating Income	$17M	$18M	-2.2%
Net Income	$13M	$13M	+0.0%

Geographic Segments

UNITED STATES

$306M95%

CANADA

$17M5%