NYSE : GCTS
GCT Semiconductor Holding, Inc. — Financial statements
Technology · Semiconductors · United States
Last price 1.12 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 103.01M
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Financial statements
GCT Semiconductor Holding, Inc. (GCTS) reported revenue of 4.08M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 4.08M | 2.87M | 9.13M | 16.03M | 16.67M | 25.52M |
| Cost of Revenue | 5.64M | 4.68M | 4.05M | 9.29M | 11.62M | 17.36M |
| Gross Profit | -1.56M | -1.82M | 5.08M | 6.73M | 5.05M | 8.16M |
| Selling, General & Admin | 20.34M | 20.72M | 14.72M | 10.58M | 10.42M | 6.83M |
| Research & Development | 12.86M | 14.01M | 17.33M | 10.71M | 17.39M | 19.13M |
| Operating Expenses | 33.19M | 34.72M | 32.05M | 21.29M | 27.81M | 25.96M |
| Operating Income | -34.76M | -36.54M | -26.97M | -14.56M | -22.75M | -17.80M |
| Interest Expense | -6.45M | -6.03M | -3.87M | -6.25M | -3.36M | -4.54M |
| Interest & Investment Income | 4.00K | 1.00K | ||||
| Currency Exchange Gain (Loss) | 5.77M | -784.00K | 4.69M | 266.00K | 181.00K | 773.00K |
| Other Non Operating Income (Expenses) | -15.02M | 1.22M | 1.83M | 38.00K | -359.00K | -4.88M |
| EBT Excluding Unusual Items | -50.45M | -42.13M | -24.31M | -20.50M | -26.29M | -26.45M |
| Asset Writedown | -787.00K | |||||
| Other Unusual Items | -1.67M | -336.00K | 13.17M | -1.43M | ||
| Pretax Income | -52.11M | -42.47M | -11.93M | -21.93M | -26.29M | -26.45M |
| Income Tax Expense | 994.00K | 902.00K | 445.00K | 541.00K | 121.00K | 359.00K |
| Earnings From Continuing Operations | -43.37M | -12.38M | -22.47M | -26.41M | -26.81M | |
| Net Income | -53.11M | -43.37M | -12.38M | -22.47M | -26.41M | -26.81M |
| Preferred Dividends & Other Adjustments | 2.24M | 9.08M | ||||
| Net Income to Common | -53.11M | -43.37M | -12.38M | -22.47M | -28.65M | -35.89M |
| Shares Outstanding (Basic) | 65.22M | 52.87M | 40.63M | 23.99M | 92.96M | 10.10M |
| Shares Outstanding (Diluted) | 65.22M | 52.87M | 40.63M | 23.99M | 92.96M | 10.10M |
| EPS (Basic) | -0.81 | -0.82 | -0.30 | -0.94 | -0.31 | -3.55 |
| EPS (Diluted) | -0.81 | -0.82 | -0.30 | -0.94 | -0.31 | -3.55 |
| Free Cash Flow | -40.66M | -33.09M | -31.50M | -9.16M | -18.71M | -18.24M |
| Free Cash Flow Per Share | -0.62 | -0.63 | -0.78 | -0.38 | -0.20 | -1.81 |
| Gross Margin | -38.29% | -63.40% | 55.61% | 42.01% | 30.31% | 31.97% |
| Operating Margin | -852.05% | -1,274.95% | -295.48% | -90.83% | -136.50% | -69.75% |
| Profit Margin | -1,301.99% | -1,513.33% | -135.62% | -140.19% | -171.87% | -140.61% |
| Free Cash Flow Margin | -996.79% | -1,154.43% | -345.08% | -57.14% | -112.24% | -71.47% |
| EBITDA | -33.79M | -35.80M | -26.28M | -13.50M | -21.97M | -17.28M |
| EBITDA Margin | -287.90% | -84.20% | -131.81% | -67.71% | ||
| D&A For EBITDA | 963.00K | 744.00K | 691.00K | 1.06M | 781.00K | 521.00K |
| EBIT | -34.76M | -36.54M | -26.97M | -14.56M | -22.75M | -17.80M |
| EBIT Margin | -295.48% | -90.83% | -136.50% | -69.75% | ||
| Revenue as Reported | 4.08M | 2.87M | 9.13M | 16.03M | 16.67M | 25.52M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 30.23M | 590.00K | 1.44M | 258.00K | 1.40M | 1.25M |
| Cash & Short-Term Investments | 30.23M | 590.00K | 1.44M | 258.00K | 1.40M | 1.25M |
| Accounts Receivable | 6.29M | 8.03M | 10.85M | 8.36M | 5.34M | 6.52M |
| Other Receivables | 79.00K | 54.00K | 70.00K | 117.00K | ||
| Receivables | 6.37M | 8.08M | 10.92M | 8.48M | 5.34M | 6.52M |
| Inventory | 8.79M | 2.05M | 3.19M | 1.76M | 3.48M | 1.71M |
| Prepaid Expenses | 905.00K | 757.00K | 1.19M | 433.00K | 2.67M | 3.66M |
| Other Current Assets | 377.00K | 408.00K | 861.00K | 2.08M | 161.00K | |
| Total Current Assets | 46.67M | 11.88M | 17.59M | 13.01M | 12.89M | 13.30M |
| Property, Plant & Equipment | 2.83M | 3.38M | 1.72M | 2.29M | 1.92M | 1.81M |
| Other Intangible Assets | 65.00K | 245.00K | 672.00K | 668.00K | ||
| Other Long-Term Assets | 336.00K | 381.00K | 523.00K | 881.00K | 993.00K | 997.00K |
| Total Assets | 49.83M | 15.64M | 19.90M | 16.43M | 16.48M | 16.78M |
| Accounts Payable | 218.00K | 628.00K | 1.03M | 17.81M | 19.02M | 12.87M |
| Accrued Expenses | 12.99M | 17.34M | 17.52M | 23.11M | 12.33M | 13.22M |
| Current Portion of Long-Term Debt | 39.05M | 56.59M | 37.63M | 72.30M | 49.50M | 75.96M |
| Current Portion of Leases | 316.00K | 686.00K | 697.00K | 680.00K | 245.00K | 762.00K |
| Current Income Taxes Payable | 3.96M | 4.22M | 3.53M | 158.00K | ||
| Current Unearned Revenue | 81.00K | 48.00K | 48.00K | 651.00K | 767.00K | |
| Other Current Liabilities | 126.00K | 126.00K | 466.00K | 684.00K | 168.00K | 195.00K |
| Total Current Liabilities | 56.74M | 79.59M | 60.92M | 114.80M | 81.91M | 103.78M |
| Long-Term Debt | 16.21M | 6.05M | 4.95M | 6.24M | 20.02M | 8.75M |
| Long-Term Leases | 31.00K | 41.00K | 177.00K | 850.00K | 570.00K | 38.00K |
| Pension & Post-Retirement Benefits | 7.44M | 7.60M | 7.05M | 7.69M | 6.91M | 7.60M |
| Other Long-Term Liabilities | 21.42M | 5.67M | 6.11M | 2.29M | 2.00M | 2.60M |
| Total Liabilities | 101.85M | 98.94M | 79.21M | 131.87M | 111.41M | 122.78M |
| Common Stock | 9.00K | 6.00K | 5.00K | 3.00K | 128.00K | 13.00K |
| Additional Paid-In Capital | 580.84M | 520.92M | 501.19M | 435.75M | 433.99M | 13.68M |
| Retained Earnings | -635.65M | -605.40M | -562.03M | -549.65M | -527.18M | -498.54M |
| Comprehensive Income & Other | 2.79M | 1.18M | 1.52M | -1.54M | -1.86M | -3.44M |
| Total Common Equity | -52.02M | -83.29M | -59.31M | -115.44M | -94.93M | -488.29M |
| Shareholders' Equity | -52.02M | -83.29M | -59.31M | -115.44M | -94.93M | -106.00M |
| Total Liabilities & Equity | 49.83M | 15.64M | 19.90M | 16.43M | 16.48M | 16.78M |
| Total Debt | 55.61M | 63.36M | 43.45M | 80.07M | 70.34M | 85.51M |
| Net Cash (Debt) | -25.38M | -62.77M | -42.01M | -79.81M | -68.94M | -84.26M |
| Net Cash Per Share | -0.39 | -1.19 | -1.03 | -3.33 | -0.74 | -8.34 |
| Filing Date Shares Outstanding | 91.97M | 72.49M | 48.25M | 45.89M | 127.99M | 10.10M |
| Total Common Shares Outstanding | 91.96M | 58.14M | 47.99M | 129.40M | 127.99M | 10.10M |
| Working Capital | -10.08M | -67.70M | -43.33M | -101.79M | -69.02M | -90.47M |
| Book Value Per Share | -0.57 | -1.43 | -1.24 | -0.89 | -0.74 | -48.34 |
| Tangible Book Value | -52.02M | -83.29M | -59.38M | -115.68M | -95.60M | -488.95M |
| Tangible Book Value Per Share | -0.57 | -1.43 | -1.24 | -0.89 | -0.75 | -48.41 |
| Machinery | 18.33M | 15.74M | 16.80M | 16.81M | 17.76M | |
| Construction In Progress | 39.00K | 60.00K | ||||
| Leasehold Improvements | 277.00K | 272.00K | 293.00K | 388.00K | 365.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -53.11M | -43.37M | -12.38M | -22.47M | -26.41M | -26.81M |
| Depreciation & Amortization | 1.67M | 1.45M | 1.32M | 1.79M | 1.55M | 1.29M |
| Asset Writedown & Restructuring Costs | 787.00K | |||||
| Stock-Based Compensation | 6.10M | 6.33M | 2.70M | 43.00K | 17.00K | 20.00K |
| Provision & Write-off of Bad Debts | 2.58M | 2.81M | -431.00K | 1.09M | 549.00K | -75.00K |
| Other Operating Activities | 17.00M | -856.00K | -14.12M | 1.43M | 490.00K | 4.91M |
| Change in Accounts Receivable | 921.00K | 5.00K | -2.01M | -4.12M | 633.00K | -1.91M |
| Change in Inventory | 1.53M | 2.03M | -1.49M | 1.99M | -1.77M | 320.00K |
| Change in Accounts Payable | -330.00K | -402.00K | -2.56M | 296.00K | 6.14M | 5.89M |
| Change in Unearned Revenue | 57.00K | -48.00K | -603.00K | -116.00K | -1.06M | |
| Change in Income Taxes | 254.00K | -23.00K | 91.00K | 255.00K | 57.00K | -42.00K |
| Change in Other Net Operating Assets | -14.74M | 1.40M | -2.87M | 11.46M | 775.00K | -265.00K |
| Operating Cash Flow | -38.07M | -30.68M | -30.96M | -8.83M | -18.09M | -17.74M |
| Capital Expenditures | -2.59M | -2.41M | -542.00K | -331.00K | -623.00K | -503.00K |
| Sale (Purchase) of Intangibles | -280.00K | -134.00K | ||||
| Investing Cash Flow | -2.59M | -2.41M | -542.00K | -331.00K | -903.00K | -637.00K |
| Long-Term Debt Issued | 23.62M | 28.15M | 10.15M | 22.41M | 16.51M | |
| Long-Term Debt Repaid | -3.68M | -19.70M | -2.02M | -3.19M | -5.99M | |
| Net Debt Issued (Repaid) | 14.83M | 19.94M | 8.45M | 8.13M | 19.22M | 10.52M |
| Issuance of Common Stock | 57.45M | 13.50M | 28.02M | 23.00K | 51.00K | 48.00K |
| Repurchase of Common Stock | -8.00K | -11.00K | ||||
| Other Financing Activities | -2.17M | -1.18M | ||||
| Financing Cash Flow | 70.11M | 32.25M | 36.47M | 8.15M | 19.27M | 10.57M |
| Foreign Exchange Rate Adjustments | -488.00K | -5.00K | -3.80M | -131.00K | -136.00K | 539.00K |
| Net Cash Flow | 28.96M | -845.00K | 1.18M | -1.14M | 147.00K | -7.27M |
| Free Cash Flow | -40.66M | -33.09M | -31.50M | -9.16M | -18.71M | -18.24M |
| Free Cash Flow Margin | -996.79% | -1,154.43% | -345.08% | -57.14% | -112.24% | -71.47% |
| Free Cash Flow Per Share | -0.62 | -0.63 | -0.78 | -0.38 | -0.20 | -1.81 |
| Levered Free Cash Flow | -26.90M | -16.66M | -38.41M | -3.11M | -9.99M | |
| Unlevered Free Cash Flow | -22.87M | -12.89M | -36.00M | 798.25K | -7.89M | |
| Cash Interest Paid | 5.77M | 5.94M | 5.15M | 2.26M | 4.17M | 3.61M |
| Cash Income Tax Paid | 496.00K | 324.00K | 269.00K | 116.00K | 333.00K | 122.00K |
| Change in Working Capital | -12.31M | 2.96M | -8.84M | 9.29M | 5.72M | 2.92M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 103.01M | 68.52M | 111.23M | 132.70M | 439.44M | 415.80M |
| Enterprise Value | 128.39M | 125.31M | 152.15M | 207.17M | 631.76M | 608.11M |
| Last Close Price | 1.12 | 1.20 | 2.33 | 10.56 | 10.19 | 9.90 |
| PS Ratio | 25.25 | 23.91 | 12.19 | 8.28 | 26.36 | 16.29 |
| PB Ratio | -0.82 | -1.88 | -1.15 | -4.63 | -3.92 | |
| EV/Sales Ratio | 31.48 | 43.72 | 16.67 | 12.93 | 37.90 | 23.82 |
| Debt / Equity Ratio | -1.07 | -0.76 | -0.73 | -0.69 | -0.74 | -0.81 |
| Net Debt / Equity Ratio | -0.49 | -0.75 | -0.71 | -0.69 | -0.73 | -0.80 |
| Net Debt / EBITDA Ratio | -0.75 | -1.75 | -1.60 | -5.91 | -3.14 | -4.88 |
| Net Debt / FCF Ratio | -0.62 | -1.90 | -1.33 | -8.71 | -3.69 | -4.62 |
| Asset Turnover | 0.12 | 0.16 | 0.50 | 0.97 | 1.00 | |
| Inventory Turnover | 0.91 | 1.79 | 1.64 | 3.54 | 4.48 | |
| Quick Ratio | 0.65 | 0.11 | 0.20 | 0.08 | 0.08 | 0.07 |
| Current Ratio | 0.82 | 0.15 | 0.29 | 0.11 | 0.16 | 0.13 |
| Return on Assets (ROA) | -64.41% | -128.51% | -92.81% | -55.31% | -85.53% | |
| Return on Capital Employed (ROCE) | 503.00% | 57.10% | 65.70% | 14.80% | 34.80% | 20.50% |
| Earnings Yield | -72.71% | -63.30% | -11.13% | -16.93% | -6.01% | -6.45% |
| FCF Yield | -39.47% | -48.29% | -28.32% | -6.90% | -4.26% | -4.39% |
| Buyback Yield / Dilution | -35.64% | -30.13% | -69.36% | 74.19% | -820.30% |