Financial Snapshot

Revenue
$328.4M
TTM
Gross Margin
35.93%
TTM
Net Earnings
$2.419M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
595.56%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$400.2M
Q3 2024
Cash
Q3 2024
P/E
636.9
Nov 29, 2024 EST
Free Cash Flow
$19.28M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $312.9M $310.5M $211.3M $111.3M $118.3M $0.00
YoY Change 0.78% 46.95% 89.86% -5.95%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $312.9M $310.5M $211.3M $111.3M $118.3M $0.00
Cost Of Revenue $199.8M $189.9M $123.6M $69.66M $70.09M
Gross Profit $113.1M $120.6M $87.73M $41.62M $48.24M
Gross Profit Margin 36.16% 38.84% 41.52% 37.4% 40.77%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $104.0M $125.8M $79.22M $47.76M $28.27M $300.0K
YoY Change -17.36% 58.83% 65.88% 68.97% 9321.67%
% of Gross Profit 91.9% 104.34% 90.3% 114.74% 58.6%
Research & Development $14.74M $15.77M $8.459M $9.311M $4.346M
YoY Change -6.54% 86.45% -9.15% 114.24%
% of Gross Profit 13.03% 13.08% 9.64% 22.37% 9.01%
Depreciation & Amortization $5.200M $4.200M $3.100M $2.600M $2.200M
YoY Change 23.81% 35.48% 19.23% 18.18%
% of Gross Profit 4.6% 3.48% 3.53% 6.25% 4.56%
Operating Expenses $118.7M $141.6M $87.68M $57.07M $32.61M $300.0K
YoY Change -16.15% 61.5% 53.64% 75.0% 10770.33%
Operating Profit -$5.580M -$21.01M $50.00K -$15.45M $15.63M
YoY Change -73.44% -42116.0% -100.32% -198.87%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense $4.700M $1.200M
YoY Change 291.67%
% of Operating Profit 30.08%
Other Income/Expense, Net $10.42M $555.0K -$2.502M $236.0K -$176.0K
YoY Change 1777.12% -122.18% -1160.17% -234.09%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income $4.838M -$20.45M -$2.452M -$15.21M $15.45M $800.0K
YoY Change -123.65% 734.14% -83.88% -198.47% 1831.13%
Income Tax $6.603M $8.761M $5.248M -$2.613M $4.642M $200.0K
% Of Pretax Income 136.48% 30.05% 25.0%
Net Earnings -$1.765M -$29.21M -$7.700M -$12.60M $10.81M $600.0K
YoY Change -93.96% 279.4% -38.88% -216.58% 1701.17%
Net Earnings / Revenue -0.56% -9.41% -3.64% -11.32% 9.13%
Basic Earnings Per Share -$0.02 -$0.42 -$0.13 -$0.28 $0.49
Diluted Earnings Per Share -$0.02 -$0.42 -$0.13 -$0.28 $0.49 $21.35K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $257.2M $256.7M $144.4M $112.7M $42.20M $1.000M
YoY Change 0.19% 77.83% 28.1% 167.06% 4120.0%
Cash & Equivalents $257.2M $256.7M $144.4M $112.7M $42.20M
Short-Term Investments
Other Short-Term Assets $13.19M $12.45M $5.087M $3.200M $4.900M $200.0K
YoY Change 5.99% 144.7% 58.97% -34.69% 2350.0%
Inventory
Prepaid Expenses
Receivables $53.56M $53.95M $43.31M $18.70M $18.90M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $324.0M $323.1M $192.8M $134.6M $66.00M $1.200M
YoY Change 0.26% 67.63% 43.21% 103.94% 5400.0%
Property, Plant & Equipment $21.80M $15.91M $6.169M $4.100M $4.000M
YoY Change 37.05% 157.89% 50.46% 2.5%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.300M $1.000M
YoY Change 30.0%
Other Assets $7.667M $5.222M $2.731M $5.600M $1.500M $221.2M
YoY Change 46.82% 91.21% -51.23% 273.33% -99.32%
Total Long-Term Assets $111.2M $88.02M $63.96M $32.50M $5.500M $221.2M
YoY Change 26.32% 37.63% 96.78% 490.91% -97.51%
Total Assets $435.2M $411.1M $256.7M $167.1M $71.50M $222.4M
YoY Change
Accounts Payable $3.621M $3.897M $2.053M $800.0K $800.0K $200.0K
YoY Change -7.08% 89.82% 156.63% 0.0% 300.0%
Accrued Expenses $27.43M $23.34M $11.71M $8.100M $6.500M $0.00
YoY Change 17.54% 99.29% 44.59% 24.62%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $42.22M $38.71M $25.34M $13.30M $8.300M $400.0K
YoY Change 9.08% 52.74% 90.56% 60.24% 1975.0%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $6.761M $5.636M $7.700M $7.700M
YoY Change 19.96% 0.0%
Total Long-Term Liabilities $6.761M $5.636M $0.00 $0.00 $0.00 $7.700M
YoY Change 19.96% -100.0%
Total Liabilities $52.26M $48.10M $29.67M $15.40M $8.300M $8.100M
YoY Change 8.64% 62.13% 92.65% 85.54% 2.47%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 75.19M shares 69.20M shares 58.66M shares 44.74M shares 21.12M shares
Diluted Shares Outstanding 75.19M shares 69.20M shares 58.66M shares 44.74M shares 21.12M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $1.5407 Billion

About GRID DYNAMICS HOLDINGS, INC.

Grid Dynamics Holdings, Inc. provides digital engineering and information technology services. The company is headquartered in San Ramon, California and currently employs 4,298 full-time employees. The company went IPO on 2018-10-10. The Company’s core business includes cloud platform and product engineering, supply chain and advanced manufacturing, and data and machine learning platform engineering. The company also helps organizations become more agile and create advanced digital products and experiences through its expertise in emerging technology, such as AI, data science, cloud computing, big data and DevOps, lean software development practices and a high-performance product culture. The firm delivers tailored solutions in several key industry verticals: Tech, Media, and Telecom (TMT), Retail, Consumer Packaged Goods (CPG)/Manufacturing, Finance, Healthcare and Pharm, and Other. The firm also provides software engineering services specializing in data-intensive information systems for banking and other financial institutions.

Industry: Services-Prepackaged Software Peers: AMDOCS LTD HACKETT GROUP, INC. CISO Global, Inc. DXC Technology Co INTERNATIONAL BUSINESS MACHINES CORP Kyndryl Holdings, Inc. PERFICIENT INC Thoughtworks Holding, Inc. UNISYS CORP