TUYA Q1 2024 Earnings — Tuya Inc. Revenue & Financial Results | Market Cap Arena

TUYATuya Inc.

$2B

Q1 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$62M+29.9% YoY

Gross Profit

$29M47.8% margin

Operating Income

-$16M-26.5% margin

Net Income

-$4M-5.7% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

-4.3%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$0

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$95M

Stockholders' Equity

$982M

Cash & Equivalents

$530M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$62M	$47M	+29.9%
Gross Profit	$29M	$21M	+40.2%
Operating Income	-$16M	-$32M	+49.3%
Net Income	-$4M	-$21M	+83.2%