Grid Dynamics Holdings, Inc.

GDYN · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$350,571$312,910$310,482$211,280
% Growth12%0.8%47%
Cost of Goods Sold$223,566$199,764$189,892$123,552
Gross Profit$127,005$113,146$120,590$87,728
% Margin36.2%36.2%38.8%41.5%
R&D Expenses$18,347$14,741$15,772$8,459
G&A Expenses$82,141$79,834$106,018$64,762
SG&A Expenses$110,763$103,985$125,826$79,219
Sales & Mktg Exp.$28,622$24,151$19,808$14,457
Other Operating Expenses$0$0$555$0
Operating Expenses$129,110$118,726$141,598$87,678
Operating Income-$2,105-$5,580-$21,008$50
% Margin-0.6%-1.8%-6.8%0%
Other Income/Exp. Net$13,160$10,418$555-$2,502
Pre-Tax Income$11,055$4,838-$20,453-$2,452
Tax Expense$7,014$6,603$8,761$5,248
Net Income$4,041-$1,765-$29,214-$7,700
% Margin1.2%-0.6%-9.4%-3.6%
EPS0.052-0.024-0.42-0.13
% Growth322.1%94.4%-223.1%
EPS Diluted0.051-0.024-0.42-0.13
Weighted Avg Shares Out77,46575,19369,19758,662
Weighted Avg Shares Out Dil79,97475,19369,19758,662
Supplemental Information
Interest Income$13,160$0$0$0
Interest Expense$0$0$0$0
Depreciation & Amortization$18,737$12,118$9,647$5,049
EBITDA$16,632$6,538-$11,361$5,099
% Margin4.7%2.1%-3.7%2.4%