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GDYN - Grid Dynamics Holdings, Inc.

NASDAQ -> Technology -> Information Technology Services
San Ramon, United States
Type: Equity

GDYN price evolution
GDYN
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $257.23 $253.71 $246.18 $258.37
Short term investments
Net receivables $53.56 $54.34 $56.88 $57.46
Inventory
Total current assets $323.98 $326.05 $321.47 $330.08
Long term investments
Property, plant & equipment $21.8 $20.91 $21.23 $17.07
Goodwill & intangible assets $80.41 $82.22 $83.27 $65.21
Total noncurrent assets $111.19 $109.7 $109.77 $89.51
Total investments
Total assets $435.17 $435.75 $431.24 $419.59
Current liabilities
Accounts payable $3.62 $3.72 $5.3 $3.21
Deferred revenue
Short long term debt $4.24 $4.21 $4.15 $3.18
Total current liabilities $42.22 $52.47 $53.47 $50.36
Long term debt $6.76 $6.93 $7.68 $5.69
Total noncurrent liabilities $10.04 $10.36 $11.21 $9.34
Total debt $11 $11.14 $11.84 $8.87
Total liabilities $52.26 $62.83 $64.68 $59.7
Shareholders' equity
Retained earnings -$15.89 -$18.79 -$19.46 -$22.09
Other shareholder equity $1.27 $0.49 $1.05 -$0.35
Total shareholder equity $382.91 $372.92 $366.56 $359.88
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $257.23 $256.73 $144.36 $112.75
Short term investments
Net receivables $53.56 $53.95 $43.31 $18.69
Inventory
Total current assets $323.98 $323.13 $192.76 $134.62
Long term investments
Property, plant & equipment $21.8 $15.91 $6.17 $4.09
Goodwill & intangible assets $80.41 $65.89 $55.05 $22.82
Total noncurrent assets $111.19 $88.02 $63.95 $32.52
Total investments
Total assets $435.17 $411.15 $256.72 $167.13
Current liabilities
Accounts payable $3.62 $3.9 $2.05 $0.76
Deferred revenue
Short long term debt $4.24 $2.5
Total current liabilities $42.22 $38.71 $25.34 $13.32
Long term debt $6.76 $5.64
Total noncurrent liabilities $10.04 $9.39 $4.32 $2.09
Total debt $11 $8.14
Total liabilities $52.26 $48.1 $29.67 $15.41
Shareholders' equity
Retained earnings -$15.89 -$14.12 $15.09 $22.79
Other shareholder equity $1.27 -$0.85 -$0.13 -$0
Total shareholder equity $382.91 $363.04 $227.05 $151.72
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $78.07 $77.42 $77.34 $80.08
Cost of revenue $49.95 $49.27 $49.04 $51.51
Gross Profit $28.11 $28.15 $28.3 $28.57
Operating activities
Research & development $3.86 $3.4 $3.27 $4.2
Selling, general & administrative $25.32 $24.61 $23.7 $30.36
Total operating expenses $29.18 $28.01 $26.97 $34.57
Operating income -$1.06 $0.14 $1.33 -$5.99
Income from continuing operations
EBIT $1.5 $3.3 $4.34 -$4.31
Income tax expense -$1.4 $2.63 $1.72 $3.66
Interest expense
Net income
Net income $2.9 $0.68 $2.63 -$7.97
Income (for common shares) $2.9 $0.68 $2.63 -$7.97
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $312.91 $310.48 $211.28 $111.28
Cost of revenue $199.76 $189.89 $123.55 $69.66
Gross Profit $113.15 $120.59 $87.73 $41.62
Operating activities
Research & development $14.74 $15.77 $8.46 $9.31
Selling, general & administrative $103.98 $125.83 $79.22 $47.76
Total operating expenses $118.73 $141.6 $87.68 $57.07
Operating income -$5.58 -$21.01 $0.05 -$15.45
Income from continuing operations
EBIT $4.84 -$20.45 -$2.45 -$15.21
Income tax expense $6.6 $8.76 $5.25 -$2.61
Interest expense
Net income
Net income -$1.76 -$29.21 -$7.7 -$12.6
Income (for common shares) -$1.76 -$29.21 -$7.7 -$12.6
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income $2.9 $0.68 $2.63 -$7.97
Operating activities
Depreciation $3.57 $3.35 $2.9 $2.29
Business acquisitions & disposals -$17.83
Stock-based compensation $7.84 $7.27 $7.15 $13.26
Total cash flows from operations $7.56 $10.96 $10.9 $11.67
Investing activities
Capital expenditures -$2.28 -$1.84 -$2.16 -$1.59
Investments -$0.25
Total cash flows from investing -$2.53 -$1.84 -$19.99 -$1.59
Financing activities
Dividends paid
Sale and purchase of stock $0.02 $0.49 -$0.01 $0.01
Net borrowings
Total cash flows from financing -$1.85 -$1.02 -$4.51 -$8.94
Effect of exchange rate $0.34 -$0.56 $1.4 $0.49
Change in cash and equivalents $3.51 $7.54 -$12.19 $1.64
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income -$1.76 -$29.21 -$7.7 -$12.6
Operating activities
Depreciation $12.12 $9.65 $5.05 $2.67
Business acquisitions & disposals -$17.83 -$9.25 -$30.65 -$16.09
Stock-based compensation $35.52 $60.97 $33.04 $20.01
Total cash flows from operations $41.09 $31.65 $17.97 $5.93
Investing activities
Capital expenditures -$7.87 -$6.07 -$4.72 -$2.25
Investments -$0.25 -$1
Total cash flows from investing -$25.95 -$16.32 -$35.37 -$18.34
Financing activities
Dividends paid
Sale and purchase of stock $0.51 $110.97 $126.46 $0.1
Net borrowings -$0.27
Total cash flows from financing -$16.32 $97.76 $49.13 $82.97
Effect of exchange rate $1.68 -$0.72 -$0.12 -$0
Change in cash and equivalents $0.5 $112.36 $31.62 $70.56
Fundamentals
Market cap $932.66M
Enterprise value $686.43M
Shares outstanding 75.89M
Revenue $312.91M
EBITDA $16.96M
EBIT $4.84M
Net Income -$1.76M
Revenue Q/Q -3.11%
Revenue Y/Y 0.78%
P/E ratio -528.42
EV/Sales 2.19
EV/EBITDA 40.48
EV/EBIT 141.88
P/S ratio 2.98
P/B ratio 2.44
Book/Share 5.03
Cash/Share 3.39
EPS -$0.02
ROA -0.41%
ROE -0.48%
Debt/Equity 0.14
Net debt/EBITDA -12.09
Current ratio 7.67
Quick ratio 7.67