GIC Q3 2022 Earnings — Global Industrial Company Revenue & Financial Results | Market Cap Arena

GICGlobal Industrial Company

$1B

Q3 2022 Earnings

Industrials Industrial - Distribution

Income Statement

Revenue

$299M+7.6% YoY

Gross Profit

$107M35.7% margin

Operating Income

$28M9.2% margin

Net Income

$20M6.8% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

-6.3%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$23M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$474M

Total Liabilities

$272M

Stockholders' Equity

$202M

Cash & Equivalents

$20M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$299M	$277M	+7.6%
Gross Profit	$107M	$102M	+4.5%
Operating Income	$28M	$31M	-10.1%
Net Income	$20M	$23M	-12.6%

Geographic Segments

UNITED STATES

$282M94%

CANADA

$17M6%