Grid Historical Income Statement
| GDYN Stock | USD 18.90 0.64 3.50% |
Historical analysis of Grid Dynamics income statement accounts such as Interest Expense of 1.1 M or Selling General Administrative of 53.4 M can show how well Grid Dynamics Holdings performed in making a profits. Evaluating Grid Dynamics income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Grid Dynamics's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Grid Dynamics Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Grid Dynamics Holdings is a good buy for the upcoming year.
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About Grid Income Statement Analysis
Grid Dynamics Holdings Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Grid Dynamics shareholders. The income statement also shows Grid investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Grid Dynamics Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Grid Dynamics Holdings generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Grid Dynamics Holdings minus its cost of goods sold. It is profit before Grid Dynamics operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Grid Dynamics Holdings. It is also known as Grid Dynamics overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Grid Dynamics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Grid Dynamics Holdings current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grid Dynamics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. At this time, Grid Dynamics' Tax Provision is very stable compared to the past year. As of the 26th of November 2024, Depreciation And Amortization is likely to grow to about 12.7 M, while Selling General Administrative is likely to drop about 53.4 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 87.7M | 120.6M | 113.1M | 75.5M | Total Revenue | 211.3M | 310.5M | 312.9M | 192.8M |
Grid Dynamics income statement Correlations
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Grid Dynamics Account Relationship Matchups
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Grid Dynamics income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Tax Provision | 843.2K | (2.6M) | 5.2M | 8.8M | 9.5M | 10.0M | |
| Depreciation And Amortization | 2.3M | 2.7M | 5.0M | 9.6M | 12.1M | 12.7M | |
| Interest Expense | 176K | 2.9M | 2.5M | 555K | 638.3K | 1.1M | |
| Selling General Administrative | 21.3M | 37.7M | 64.8M | 106.0M | 79.8M | 53.4M | |
| Selling And Marketing Expenses | 6.9M | 10.1M | 14.5M | 19.8M | 24.2M | 13.0M | |
| Total Revenue | 118.3M | 111.3M | 211.3M | 310.5M | 312.9M | 192.8M | |
| Gross Profit | 48.2M | 41.6M | 87.7M | 120.6M | 113.1M | 75.5M | |
| Other Operating Expenses | 102.7M | 126.7M | 211.2M | 331.5M | 318.5M | 192.7M | |
| Operating Income | 15.6M | (15.4M) | 50K | (21.0M) | (5.6M) | (5.3M) | |
| Net Income From Continuing Ops | 10.8M | (12.6M) | (7.7M) | (29.2M) | (11.4M) | (10.8M) | |
| Ebit | 15.6M | (15.4M) | 50K | (20.5M) | (5.6M) | (5.3M) | |
| Research Development | 4.3M | 9.3M | 8.5M | 15.8M | 14.7M | 9.0M | |
| Ebitda | 17.9M | (12.8M) | 5.1M | (10.8M) | 6.5M | 4.0M | |
| Cost Of Revenue | 70.1M | 69.7M | 123.6M | 189.9M | 199.8M | 117.3M | |
| Total Operating Expenses | 32.6M | 57.1M | 87.7M | 141.6M | 118.7M | 75.4M | |
| Reconciled Depreciation | 2.3M | 2.7M | 5.0M | 9.6M | 11.1M | 11.6M | |
| Income Before Tax | 15.4M | (15.2M) | (2.5M) | (20.5M) | 4.8M | 5.1M | |
| Total Other Income Expense Net | (176K) | 236K | (2.5M) | 555K | 10.4M | 10.9M | |
| Net Income Applicable To Common Shares | 10.4M | (12.6M) | (7.7M) | (29.2M) | (26.3M) | (25.0M) | |
| Net Income | 10.8M | (12.6M) | (7.7M) | (29.2M) | (1.8M) | (1.9M) | |
| Income Tax Expense | 4.6M | (2.6M) | 5.2M | 8.8M | 6.6M | 4.2M |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Grid Dynamics Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Internet Services & Infrastructure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Grid Dynamics. If investors know Grid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Grid Dynamics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.582 | Earnings Share 0.03 | Revenue Per Share 4.304 | Quarterly Revenue Growth 0.129 | Return On Assets (0.0004) |
The market value of Grid Dynamics Holdings is measured differently than its book value, which is the value of Grid that is recorded on the company's balance sheet. Investors also form their own opinion of Grid Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Grid Dynamics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Grid Dynamics' market value can be influenced by many factors that don't directly affect Grid Dynamics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Grid Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Grid Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grid Dynamics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.