Grid Historical Income Statement

GDYN Stock

USD 17.71 0.90 5.35%

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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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.

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

At this time, Grid Dynamics' Tax Provision is very stable compared to the past year. As of the 22nd 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.

Selling General Administrative Selling And Marketing Expenses Total Revenue Gross Profit

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.

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.

	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

Gross Profit Total Revenue

Grid Dynamics income statement Correlations

	Tax Provision	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Net Income From Continuing Ops	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Reconciled Depreciation	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Income	Non Operating Income Net Other
Tax Provision		0.95	0.85	0.85	0.9	0.9	0.88	-0.61	-0.73	-0.61	0.8	-0.38	0.89	0.85	0.96	-0.42	0.71	-0.6	0.84	0.6	-0.94
Depreciation And Amortization	0.95		0.86	0.9	0.9	0.89	0.9	-0.74	-0.82	-0.74	0.88	-0.54	0.91	0.88	1.0	-0.53	0.81	-0.68	0.75	0.71	-0.9
Selling General Administrative	0.85	0.86		0.95	0.98	0.98	0.99	-0.87	-0.95	-0.87	0.97	-0.73	0.97	1.0	0.88	-0.79	0.43	-0.91	0.81	0.81	-0.92
Selling And Marketing Expenses	0.85	0.9	0.95		0.98	0.97	0.98	-0.82	-0.9	-0.82	0.97	-0.65	0.99	0.97	0.91	-0.69	0.57	-0.81	0.8	0.87	-0.89
Total Revenue	0.9	0.9	0.98	0.98		1.0	1.0	-0.78	-0.88	-0.78	0.96	-0.6	1.0	0.98	0.92	-0.66	0.54	-0.81	0.86	0.81	-0.93
Gross Profit	0.9	0.89	0.98	0.97	1.0		0.99	-0.77	-0.88	-0.77	0.95	-0.6	0.99	0.98	0.91	-0.67	0.5	-0.81	0.88	0.81	-0.94
Other Operating Expenses	0.88	0.9	0.99	0.98	1.0	0.99		-0.83	-0.91	-0.83	0.98	-0.66	1.0	0.99	0.91	-0.72	0.52	-0.84	0.83	0.83	-0.92
Operating Income	-0.61	-0.74	-0.87	-0.82	-0.78	-0.77	-0.83		0.97	1.0	-0.92	0.96	-0.79	-0.87	-0.76	0.95	-0.38	0.96	-0.47	-0.75	0.72
Net Income From Continuing Ops	-0.73	-0.82	-0.95	-0.9	-0.88	-0.88	-0.91	0.97		0.97	-0.96	0.89	-0.88	-0.95	-0.85	0.91	-0.41	0.97	-0.65	-0.81	0.83
Ebit	-0.61	-0.74	-0.87	-0.82	-0.78	-0.77	-0.83	1.0	0.97		-0.92	0.96	-0.79	-0.87	-0.76	0.95	-0.39	0.96	-0.47	-0.75	0.72
Research Development	0.8	0.88	0.97	0.97	0.96	0.95	0.98	-0.92	-0.96	-0.92		-0.79	0.96	0.98	0.89	-0.81	0.52	-0.9	0.73	0.87	-0.85
Ebitda	-0.38	-0.54	-0.73	-0.65	-0.6	-0.6	-0.66	0.96	0.89	0.96	-0.79		-0.6	-0.73	-0.57	0.98	-0.18	0.92	-0.27	-0.65	0.54
Cost Of Revenue	0.89	0.91	0.97	0.99	1.0	0.99	1.0	-0.79	-0.88	-0.79	0.96	-0.6		0.98	0.92	-0.66	0.56	-0.8	0.85	0.82	-0.92
Total Operating Expenses	0.85	0.88	1.0	0.97	0.98	0.98	0.99	-0.87	-0.95	-0.87	0.98	-0.73	0.98		0.9	-0.78	0.47	-0.9	0.81	0.83	-0.92
Reconciled Depreciation	0.96	1.0	0.88	0.91	0.92	0.91	0.91	-0.76	-0.85	-0.76	0.89	-0.57	0.92	0.9		-0.56	0.78	-0.71	0.77	0.72	-0.91
Income Before Tax	-0.42	-0.53	-0.79	-0.69	-0.66	-0.67	-0.72	0.95	0.91	0.95	-0.81	0.98	-0.66	-0.78	-0.56		-0.08	0.97	-0.38	-0.69	0.6
Total Other Income Expense Net	0.71	0.81	0.43	0.57	0.54	0.5	0.52	-0.38	-0.41	-0.39	0.52	-0.18	0.56	0.47	0.78	-0.08		-0.2	0.36	0.36	-0.52
Net Income	-0.6	-0.68	-0.91	-0.81	-0.81	-0.81	-0.84	0.96	0.97	0.96	-0.9	0.92	-0.8	-0.9	-0.71	0.97	-0.2		-0.6	-0.77	0.75
Income Tax Expense	0.84	0.75	0.81	0.8	0.86	0.88	0.83	-0.47	-0.65	-0.47	0.73	-0.27	0.85	0.81	0.77	-0.38	0.36	-0.6		0.65	-0.81
Interest Income	0.6	0.71	0.81	0.87	0.81	0.81	0.83	-0.75	-0.81	-0.75	0.87	-0.65	0.82	0.83	0.72	-0.69	0.36	-0.77	0.65		-0.7
Non Operating Income Net Other	-0.94	-0.9	-0.92	-0.89	-0.93	-0.94	-0.92	0.72	0.83	0.72	-0.85	0.54	-0.92	-0.92	-0.91	0.6	-0.52	0.75	-0.81	-0.7

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Grid Dynamics Account Relationship Matchups

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

When determining whether Grid Dynamics Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Grid Dynamics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Grid Dynamics Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Grid Dynamics Holdings Stock:

How To Invest In Grid

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Is Grid Stock a good investment?

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What is Grid Dynamics' Net Worth?

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You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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.

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Grid Historical Income Statement

About Grid Income Statement Analysis

Grid Dynamics Income Statement Chart

Total Revenue

Gross Profit

Grid Dynamics income statement Correlations

Grid Dynamics Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Grid Dynamics income statement Accounts

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Reconciled Depreciation	+ 1.0	Depreciation And Amortization
Total Operating Expenses	+ 1.0	Selling General Administrative
Gross Profit	+ 1.0	Total Revenue
Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses

Research Development	- 0.96	Net Income From Continuing Ops
Total Operating Expenses	- 0.95	Net Income From Continuing Ops
Net Income From Continuing Ops	- 0.95	Selling General Administrative
Non Operating Income Net Other	- 0.94	Gross Profit
Non Operating Income Net Other	- 0.94	Tax Provision
Non Operating Income Net Other	- 0.93	Total Revenue