GigaCloud Technology Inc [Rocket]

Overview

GigaCloud Technology Inc

Recent News + Filings (All items)

Date Filed	Type	Description
10/13/2023	144	Form 144 - Report of proposed sale of securities:
10/10/2023	6-K	Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
09/29/2023	6-K	Quarterly results
08/15/2023	6-K	Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
08/10/2023	6-K	Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
07/03/2023	6-K	Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]:
06/30/2023	144	Form 144 - Report of proposed sale of securities:

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-22	Dec-31-21
Revenues	490.1	414.2
Revenue growth	18.3%
Cost of goods sold	407.0	324.6
Gross profit	83.1	89.6
Gross margin	17.0%	21.6%
Sales and marketing	24.0	25.7
Research and development	1.4
General and administrative	22.6	24.5
EBIT	35.0	39.4
EBIT margin	7.1%	9.5%
Pre-tax income	31.2	37.7
Income taxes	7.2	8.5
Tax rate	23.1%	22.4%
Net income	24.0	29.3
Net margin	4.9%	7.1%

Diluted EPS	$0.60	$0.88
Shares outstanding (diluted)	40.0	33.2

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.