GCL New Energy Holdings Limited

Over the last four quarters, GCL New Energy Holdings Limited achieved steady financial progress, growing revenue from $558.04M in Q2 2022 to $408.76M in Q4 2023. Gross profit stayed firm with margins at 45% in Q4 2023 versus 46% in Q2 2022. Operating income totaled -$132.71M in Q4 2023, maintaining a -32% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at -$24.14M. Net income dropped to -$949.53M, with EPS at -$1.22. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.