Grid Dynamics Holdings (GDYN) Income Statement: Revenue & Earnings

Grid Dynamics Holdings Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Grid Dynamics Holdings, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	350.57	312.91	310.48	211.28	111.28
Cost of Revenue	223.57	199.76	189.89	123.55	69.66
Gross Profit	127.01	113.15	120.59	87.73	41.62
Operating Expenses
Research & Development	18.35	14.74	15.77	8.46	9.31
Selling, General & Administrative	110.76	103.99	125.83	202.77	47.76
Operating Expenses	129.11	118.73	141.60	87.68	57.07
Operating Income	-2.11	-5.58	-21.01	0.05	-15.45
Other Income/Expense
Interest Income	13.16	10.42	0.56	0.00	0.00
Interest Expense	0.00	0.00	0.00	0.00	0.00
Other Income/Expense	14.16	10.42	0.56	2.50	-0.24
Income
Income Before Tax	11.06	4.84	-20.45	-2.45	-15.21
Income Tax Expense	7.01	6.60	8.76	5.25	-2.61
Net Income	4.04	-1.77	-29.21	-7.70	-12.60
Net Income - Continuous Operations	4.04	-1.77	-29.21	-7.70	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	16.63	6.54	-11.36	5.10	-12.78
EBIT	-2.11	-5.58	-21.01	0.05	-15.45
Depreciation & Amortization	18.74	12.12	9.65	3.10	2.60
Earnings Per Share
Basic EPS	-	-	-	-	-
Diluted EPS	-	-	-	-	-
Basic Shares Outstanding	77.47	75.19	69.20	58.66	0.04
Diluted Shares Outstanding	79.97	75.19	69.20	58.66	0.04