Copiers : 4 Followers : 37 Since Sep22 : +49% while NSDQ : +49% SP500 : +31% Dear Etorians, 03/15/24 $GCT takes 10% before the bell. GigaCloud Technology Inc , a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced its unaudited financial results for the quarter and the fiscal year ended December 31, 2023. Total revenues were $244.7 million in Q42023, an increase of 94.8% from $125.6 million in Q42022. Net income was $35.6 million in Q42023, an increase of 184.8% from $12.5 million in Q42022. Net income margin increased to 14.5% from 9.9% Q42022. Total revenues were $703.8 million for the full year of 2023, an increase of 43.6% from $490.1 million for the full year of 2022. Net income was $94.1 million for the full year of 2023, an increase of 292.1% from $24.0 million for the full year of 2022. Net income margin increased to 13.4% for the full year of 2023 from 4.9% for the full year of 2022. https://investors.gigacloudtech.com/news-releases/news-release-details/gigacloud-technology-inc-announces-fourth-quarter-2023-and-year