GCT
Income statement / Annual
Last year (2023), GigaCloud Technology Inc.'s total revenue was $703.83 M,
an increase of 43.62% from the previous year.
In 2023, GigaCloud Technology Inc.'s net income was $94.11 M.
See GigaCloud Technology Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
| Operating Revenue |
$703.83 M
|
$490.07 M
|
$414.20 M
|
$275.48 M
|
$122.30 M
|
| Cost of Revenue |
$515.20 M |
$406.96 M |
$324.60 M |
$200.36 M |
$100.10 M |
| Gross Profit |
$188.63 M |
$83.11 M |
$89.60 M |
$75.12 M |
$22.19 M |
| Gross Profit Ratio |
0.27 |
0.17 |
0.22 |
0.27 |
0.18 |
| Research and Development
Expenses |
$3.93 M
|
$1.43 M
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$30.01 M
|
$22.63 M
|
$36.76 M
|
$19.40 M
|
$8.74 M
|
| Selling & Marketing
Expenses |
$41.39 M
|
$24.04 M
|
$13.49 M
|
$11.53 M
|
$8.65 M
|
| Selling, General &
Administrative Expenses |
$71.39 M
|
$46.67 M
|
$50.24 M
|
$30.93 M
|
$17.39 M
|
| Other Expenses |
$0.00 |
-$1.09 M |
$156,000.00 |
$56,000.00 |
-$168,000.00 |
| Operating Expenses |
$78.56 M |
$47.01 M |
$50.24 M |
$30.93 M |
$17.39 M |
| Cost And Expenses |
$590.52 M |
$453.96 M |
$374.84 M |
$231.29 M |
$117.49 M |
| Interest Income |
$3.30 M |
$472,000.00 |
$537,000.00 |
$58,000.00 |
$2,000.00 |
| Interest Expense |
$1.24 M |
$568,000.00 |
$309,000.00 |
$46,000.00 |
$0.00 |
| Depreciation &
Amortization |
$2.87 M
|
$2.04 M
|
$775,000.00
|
$227,000.00
|
$128,000.00
|
| EBITDA |
$119.11 M
|
$33.77 M
|
$38.81 M
|
$45.55 M
|
$4.93 M
|
| EBITDA Ratio |
0.17 |
0.08 |
0.1 |
0.16 |
0.04 |
| Operating Income Ratio
|
0.16
|
0.07
|
0.1
|
0.16
|
0.04
|
| Total Other
Income/Expenses Net |
$1.68 M
|
-$3.86 M
|
-$1.63 M
|
$1.09 M
|
$0.00
|
| Income Before Tax |
$115.00 M |
$31.16 M |
$37.73 M |
$45.28 M |
$4.80 M |
| Income Before Tax Ratio
|
0.16
|
0.06
|
0.09
|
0.16
|
0.04
|
| Income Tax Expense |
$20.89 M |
$7.19 M |
$8.47 M |
$7.82 M |
$1.95 M |
| Net Income |
$94.11 M |
$23.97 M |
$29.26 M |
$37.46 M |
$2.86 M |
| Net Income Ratio |
0.13 |
0.05 |
0.07 |
0.14 |
0.02 |
| EPS |
2.31 |
0.6 |
0.69 |
0.93 |
0.071 |
| EPS Diluted |
2.3 |
0.6 |
0.69 |
0.93 |
0.071 |
| Weighted Average Shares
Out |
$40.79 M
|
$40.24 M
|
$39.75 M
|
$39.75 M
|
$40.24 M
|
| Weighted Average Shares
Out Diluted |
$40.92 M
|
$40.24 M
|
$40.24 M
|
$40.24 M
|
$40.24 M
|
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