Garden Stage Ltd - Understand $gsiw stock

$GSIW Market Cap: $9.111 Million

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Financial Snapshot

Revenue

$6.599M

TTM

Gross Margin

95.61%

TTM

Net Earnings

-$6.111M

TTM

Current Assets

$12.26M

Q1 2024

Current Liabilities

$7.100M

Q1 2024

Current Ratio

172.62%

Q1 2024

Total Assets

$16.58M

Q1 2024

Total Liabilities

$7.298M

Q1 2024

Book Value

$9.285M

Q1 2024

Cash

$8.938M

Q1 2024

P/E

-1.491

Nov 29, 2024 EST

Free Cash Flow

-$8.992M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022
Revenue	$1.408M	$3.260M	$2.310M
YoY Change	-56.8%	41.13%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022
Revenue	$1.408M	$3.260M	$2.310M
Cost Of Revenue	$69.74K	$200.0K	$870.0K
Gross Profit	$1.339M	$3.060M	$1.440M
Gross Profit Margin	95.05%	93.87%	62.34%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022
Selling, General & Admin	$4.294M	$3.020M	$1.780M
YoY Change	42.18%	69.66%
% of Gross Profit	320.75%	98.69%	123.61%
Research & Development	$437.7K	$116.4K	$111.8K
YoY Change	275.92%	4.12%
% of Gross Profit	32.7%	3.81%	7.77%
Depreciation & Amortization	$9.421K	$10.00K	$10.00K
YoY Change	-5.79%	0.0%
% of Gross Profit	0.7%	0.33%	0.69%
Operating Expenses	$5.985M	$3.270M	$1.950M
YoY Change	83.01%	67.69%
Operating Profit	-$4.646M	-$210.0K	-$510.0K
YoY Change	2112.31%	-58.82%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022
Pretax Income	-$4.576M	-$210.0K	-$510.0K
YoY Change	2079.1%	-58.82%
Income Tax	$13.36K	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$4.589M	-$210.0K	-$510.0K
YoY Change	2085.47%	-58.82%
Net Earnings / Revenue	-325.85%	-6.44%	-22.08%
Basic Earnings Per Share	$0.34	$0.02	$0.06
Diluted Earnings Per Share	$0.34	-$0.01	-$0.03

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022
Cash & Short-Term Investments	$2.666M	$830.0K	$840.0K
YoY Change	221.19%	-1.19%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets	$8.725M	$5.560M	$7.050M
YoY Change	56.92%	-21.13%
Inventory
Prepaid Expenses
Receivables	$861.7K	$6.110M	$2.050M
Other Receivables	$3.860K	$0.00	$0.00
Total Short-Term Assets	$12.26M	$12.50M	$9.940M
YoY Change	-1.95%	25.75%
Property, Plant & Equipment	$301.2K	$90.00K	$150.0K
YoY Change	234.68%	-40.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$3.962M	$470.0K	$80.00K
YoY Change	743.04%	487.5%
Total Long-Term Assets	$4.327M	$630.0K	$290.0K
YoY Change	586.89%	117.24%
Total Assets	$16.58M	$13.13M	$10.23M
YoY Change
Accounts Payable	$6.909M	$10.29M	$7.860M
YoY Change	-32.86%	30.92%
Accrued Expenses	$175.5K	$90.00K	$140.0K
YoY Change	94.97%	-35.71%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$7.100M	$11.18M	$10.03M
YoY Change	-36.49%	11.47%
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$197.9K	$0.00	$70.00K
YoY Change		-100.0%
Total Long-Term Liabilities	$197.9K	$0.00	$70.00K
YoY Change		-100.0%
Total Liabilities	$7.298M	$11.18M	$10.10M
YoY Change	-34.72%	10.69%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022
Basic Shares Outstanding	13.61M shares	11.48M shares	9.204M shares
Diluted Shares Outstanding	13.61M shares	11.48M shares	9.204M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $9.1109 Million

About Garden Stage Ltd

Garden Stage Ltd. is a holding company, which engages in the provision of placing and underwriting services. The company employs 17 full-time employees The company went IPO on 2023-12-01. The firm is principally engaged in the provision of securities dealing and brokerage services, securities underwriting and placing services, asset management services as well as others.

Industry: Security & Commodity Brokers, Dealers, Exchanges & Services Peers: TOP Financial Group Ltd