Grid Dynamics Holdings, Inc. Income Statement

Income Statement Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & cost
Revenue 91.86M118.33M111.28M211.28M310.48M312.91M350.57M
Cost of Revenue 52.56M70.09M69.66M123.55M189.89M199.76M223.57M
Gross Profit 39.31M48.24M41.62M87.73M120.59M113.15M127.00M
Operating items
Research & Development 2.64M4.35M9.31M8.46M15.77M14.74M18.35M
Selling, General & Administrative 17.63M21.32M37.71M64.76M106.02M79.83M82.14M
Other Operating Expenses 5.20M6.95M10.05M14.46M19.81M24.15M28.62M
Operating Expenses 25.48M32.61M57.07M87.68M141.60M118.73M129.11M
Operating Income 13.83M15.62M-15.45M0.05M-21.01M-5.58M-2.10M
EBIT 13.83M15.62M-15.45M0.05M-21.01M-5.58M-2.10M
Non-operating items
Other Non Operating Income -0.75M-0.18M0.24M-2.50M0.56M10.42M13.16M
Non Operating Income -0.75M-0.18M0.24M-2.50M0.56M10.42M13.16M
Net income details
EBT 13.08M15.45M-15.21M-2.45M-20.45M4.84M11.05M
Tax Provisions 3.85M4.64M-2.61M5.25M8.76M6.60M7.01M
Profit After Tax 9.23M10.81M-12.60M-7.70M-29.21M-1.76M4.04M
Income from Continuing Operations 9.23M10.81M-12.60M-7.70M-29.21M-1.76M4.04M
Consolidated Net Income 9.23M10.81M-12.60M-7.70M-29.21M-1.76M4.04M
Income towards Parent Company 9.23M10.81M-12.60M-7.70M-29.21M-1.76M4.04M
Net Income towards Common Stockholders 9.23M10.43M-12.60M-7.70M-29.21M-1.76M4.04M
Additional items
EPS (Basic) 0.460.49-0.28-0.13-0.42-0.020.05
EPS (Weighted Average and Diluted) 0.460.49-0.28-0.13-0.42-0.020.05
Shares Outstanding (Weighted Average) 28.14M28.14M50.86M65.25M74.00M75.59M76.81M
Shares Outstanding (Diluted Average) 0.02M21.12M44.74M58.66M69.20M75.19M79.97M
EBITDA 9.23M10.81M-12.60M-7.82M-29.94M0.36M-0.14M
Tax Rate 29.47%30.05%17.18%63.45%