GigaCloud Technology Past Earnings Performance
Past criteria checks 6/6
GigaCloud Technology has been growing earnings at an average annual rate of 67.1%, while the Retail Distributors industry saw earnings growing at 20.6% annually. Revenues have been growing at an average rate of 24.6% per year. GigaCloud Technology's return on equity is 32.4%, and it has net margins of 13.4%.
Key information
67.1%
Earnings growth rate
9.6%
EPS growth rate
| Retail Distributors Industry Growth | 20.6% |
| Revenue growth rate | 24.6% |
| Return on equity | 32.4% |
| Net Margin | 13.4% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
GigaCloud Technology: Strong Buy Stock Is The Real Deal (SA Quant)
Apr 17Buy GigaCloud's Dip - Inherently Cheap Given Double-Digit Growth
Apr 08GigaCloud: The E-Commerce Rocketship Getting Ready For The Next Rally (Upgrade)
Apr 02GigaCloud Technology Stock Skyrockets: Will The Run Continue?
Mar 17GigaCloud Technology: Why I'm Still Buying Now
Mar 02GigaCloud Technology Checks Quite A Few Boxes
Feb 19GigaCloud's Stock Is Likely To Sustain Its Stellar Trajectory
Feb 12Market Participants Recognise GigaCloud Technology Inc.'s (NASDAQ:GCT) Revenues Pushing Shares 38% Higher
Feb 06
GigaCloud: Short Sellers Are Getting Hammered Into Submission
Jan 11A Piece Of The Puzzle Missing From GigaCloud Technology Inc.'s (NASDAQ:GCT) 39% Share Price Climb
Dec 18Upgrade: Analysts Just Made A Dazzling Increase To Their GigaCloud Technology Inc. (NASDAQ:GCT) Forecasts
Dec 08News Flash: Analysts Just Made A Substantial Upgrade To Their GigaCloud Technology Inc. (NASDAQ:GCT) Forecasts
Aug 20Improved Earnings Required Before GigaCloud Technology Inc. (NASDAQ:GCT) Stock's 27% Jump Looks Justified
Apr 12GigaCloud Technology GAAP EPS of $0.15, revenue of $124.03M
Sep 30GigaCloud Technology: GCT Could Be The Next HKD 100x Stock
Aug 22Revenue & Expenses BreakdownBeta
How GigaCloud Technology makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 704 | 94 | 71 | 4 |
| 30 Sep 23 | 585 | 63 | 54 | 3 |
| 30 Jun 23 | 535 | 39 | 56 | 3 |
| 31 Mar 23 | 505 | 26 | 48 | 2 |
| 31 Dec 22 | 490 | 15 | 47 | 1 |
| 30 Sep 22 | 469 | 1 | 45 | 0 |
| 30 Jun 22 | 444 | -2 | 46 | 0 |
| 31 Mar 22 | 432 | 8 | 49 | 0 |
| 31 Dec 21 | 414 | 9 | 50 | 0 |
| 30 Sep 21 | 388 | 23 | 50 | 0 |
| 30 Jun 21 | 362 | 14 | 38 | 0 |
| 31 Mar 21 | 326 | 14 | 36 | 0 |
| 31 Dec 20 | 275 | 13 | 31 | 0 |
| 31 Dec 19 | 122 | 1 | 17 | 0 |
Quality Earnings: GCT has high quality earnings.
Growing Profit Margin: GCT's current net profit margins (13.4%) are higher than last year (3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GCT's earnings have grown significantly by 67.1% per year over the past 5 years.
Accelerating Growth: GCT's earnings growth over the past year (541.1%) exceeds its 5-year average (67.1% per year).
Earnings vs Industry: GCT earnings growth over the past year (541.1%) exceeded the Retail Distributors industry -16.8%.
Return on Equity
High ROE: GCT's Return on Equity (32.4%) is considered high.