GCL New Energy Holdings Limited
GCL New Energy Holdings Limited (SMTLF) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for GCL New Energy Holdings Limited (SMTLF), featuring income statements, balance sheets, and cash flow data.
GCL New Energy Holdings Limited (SMTLF) Income Statement & Financial Overview
Analyze GCL New Energy Holdings Limited’s SMTLF earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2023 |
|---|---|---|---|---|
| Revenue | $611.28M | $496.47M | $408.76M | $422.76M |
| Cost of Revenue | $554.08M | $426.24M | $223.44M | $227.29M |
| Gross Profit | $57.20M | $70.23M | $185.31M | $195.48M |
| Gross Profit Ratio | $0.09 | $0.14 | $0.45 | $0.46 |
| R&D Expenses | $18.56M | $10.80M | $0.00 | $0.00 |
| SG&A Expenses | $83.49M | $195.37M | $318.02M | $106.75M |
| Operating Expenses | $102.05M | $206.17M | $758.93M | $181.59M |
| Total Costs & Expenses | $656.13M | $632.41M | $982.37M | $408.87M |
| Interest Income | $0.00 | $0.00 | $268.90M | $120.24M |
| Interest Expense | $0.00 | $0.00 | $0.00 | $0.00 |
| Depreciation & Amortization | $209.61M | $29.82M | $108.57M | $130.86M |
| EBITDA | $164.77M | -$106.12M | -$24.14M | $219.58M |
| EBITDA Ratio | $0.27 | -$0.21 | -$0.06 | $0.52 |
| Operating Income | -$44.84M | -$135.94M | -$132.71M | $88.72M |
| Operating Income Ratio | -$0.07 | -$0.27 | -$0.32 | $0.21 |
| Other Income/Expenses (Net) | -$100.67M | $62.90M | -$709.80M | -$195.07M |
| Income Before Tax | -$145.52M | -$73.04M | -$842.51M | -$106.35M |
| Income Before Tax Ratio | -$0.24 | -$0.15 | -$2.06 | -$0.25 |
| Income Tax Expense | $2.87M | $1.31M | $5.82M | $9.33M |
| Net Income | -$249.59M | -$174.45M | -$949.53M | -$216.11M |
| Net Income Ratio | -$0.41 | -$0.35 | -$2.32 | -$0.51 |
| EPS | -$0.18 | -$0.14 | -$0.81 | -$0.19 |
| Diluted EPS | -$0.18 | -$0.14 | -$0.81 | -$0.19 |
| Weighted Avg Shares Outstanding | $1.40B | $1.23B | $1.17B | $1.17B |
| Weighted Avg Shares Outstanding (Diluted) | $1.40B | $1.23B | $1.17B | $1.17B |
Over the last four quarters, GCL New Energy Holdings Limited achieved steady financial progress, growing revenue from $422.76M in Q2 2023 to $611.28M in Q4 2024. Gross profit stayed firm with margins at 9% in Q4 2024 versus 46% in Q2 2023. Operating income totaled -$44.84M in Q4 2024, maintaining a -7% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $164.77M. Net income dropped to -$249.59M, with EPS at -$0.18. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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