GIC Q2 2022 Earnings — Global Industrial Company Revenue & Financial Results | Market Cap Arena

GICGlobal Industrial Company

$1B

Q2 2022 Earnings

Industrials Industrial - Distribution

Income Statement

Revenue

$319M+16.8% YoY

Gross Profit

$113M35.5% margin

Operating Income

$31M9.6% margin

Net Income

$23M7.2% margin

EPS (Diluted)

$0.60

QoQ Revenue Growth

+10.4%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$11M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$505M

Total Liabilities

$318M

Stockholders' Equity

$188M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$319M	$273M	+16.8%
Gross Profit	$113M	$98M	+15.3%
Operating Income	$31M	$25M	+23.5%
Net Income	$23M	$22M	+3.6%

Geographic Segments

UNITED STATES

$300M94%

CANADA

$19M6%