GigaCloud Technology
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. GigaCloud Technology's past years’ income statements indicate that its last revenue has increased compared to the previous period by 44% to $703,831,000. The net income raised on $94,108,000 and profit margin reached 13%. Total operating expenses were $78,555,000.
Profit Margin
| 2019 | 122.29M | 2.85M | 2.34% |
|---|---|---|---|
| 2020 | 275.47M | 37.45M | 13.6% |
| 2021 | 414.19M | 29.25M | 7.06% |
| 2022 | 490.07M | 23.97M | 4.89% |
| 2023 | 703.83M | 94.10M | 13.37% |
GCT Income Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Revenue | |||||
Revenue | 703.83M | 490.07M | 414.19M | 275.47M | 122.29M |
Cost of revenue | 515.19M | 406.95M | 324.6M | 200.36M | 100.10M |
Gross profit | 188.63M | 83.11M | 89.59M | 75.11M | 22.19M |
Operating exp. | |||||
Research and development | 3.92M | 1.42M | 0 | 0 | 0 |
Selling and marketing | 41.38M | 24.03M | 13.48M | 11.52M | 8.65M |
Total operating expenses | 78.55M | 47.00M | 50.24M | 30.93M | 17.39M |
Operating income | 113.31M | 35.02M | 39.35M | 44.18M | 4.80M |
Other income (expenses), net | 1.68M | -3.85M | -1.62M | 1.09M | -2K |
Income before tax | 114.99M | 31.16M | 37.72M | 45.27M | 4.80M |
Income tax expense | 20.88M | 7.19M | 8.46M | 7.82M | 1.94M |
Net income | 94.10M | 23.97M | 29.25M | 37.45M | 2.85M |
Earnings per share | |||||
Basic EPS | 2.31 | 0.6 | 0.69 | 0.93 | 0.07 |
Diluted EPS | 2.3 | 0.6 | 0.69 | 0.93 | 0.07 |
| Data source | Data source |