GigaCloud Technology
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of GigaCloud Technology generated cash of $133,452,000, which is more than the previous year. Cash used in financing activities reached the amount of -$4,003,000 last year. Net change in cash is therefore $39,092,000.
Cash Flow
| 2019 | 1.15M | -944K | 89K |
|---|---|---|---|
| 2020 | 33.28M | -647K | 23.27M |
| 2021 | 8.55M | -1.82M | -2.95M |
| 2022 | 49.65M | -709K | 31.88M |
| 2023 | 133.45M | -90.54M | -4.00M |
GCT Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 145.07M | 63.86M | 62.19M | 5.55M | 5.11M |
Operating activities | |||||
Net income | 94.10M | 23.97M | 29.25M | 37.45M | 2.85M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 2.87M | 1.38M | 775K | 227K | 128K |
Stock-based compensation expense | 2.50M | 9.19M | 9.68M | -947K | 0 |
| Deferred income tax benefit | 2.50M | 9.19M | 9.68M | -947K | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | -5.05M | -9.16M | 5.89M | -10.11M | -6.64M |
Inventories | -16.51M | 2.78M | -47.14M | -13.86M | -6.87M |
Accounts payable | 26.02M | 6.61M | 6.30M | 4.14M | 9.27M |
Cash generated by operating activities | 133.45M | 49.65M | 8.55M | 33.28M | 1.15M |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -4.38M | -709K | -1.82M | -654K | -944K |
Acquisitions Net | -86.62M | 0 | 0 | 7K | 0 |
Cash generated by investing activities | -90.54M | -709K | -1.82M | -647K | -944K |
Financing activities | |||||
Common Stock Issued | 0 | 34.24M | 0 | 25M | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | -1.59M | 0 | 0 | -2.43M | 0 |
Repayments of term debt | -2.40M | -3.93M | -2.95M | -492K | 89K |
Cash used in financing activities | -4.00M | 31.88M | -2.95M | 23.27M | 89K |
Net Change In Cash | 39.09M | 81.21M | 1.66M | 56.64M | 441K |
Cash at end of period | 184.16M | 145.07M | 63.86M | 62.19M | 5.55M |
| Data source | Data source |