Gigacloud Technology Inc · NASDAQ:GCT
Gigacloud Technology — IPO Roadshow (August 2022)
20 slides from Gigacloud Technology's IPO roadshow presentation, Aug 2, 2022
Slide 1: GigaCloud Technology Investor Presentation
GigaCloud Technology Investor Presentation Issuer Free Writing Prospectus Filed Pursuant to Rule 433 Dated August 2, 2022 Relating to Preliminary Prospectus dated August 1, 2022 Registration Number 333-266058
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation of GigaCloud Technology Inc (the “Company”) contains statements that reflect the Company’s intent, beliefs or current expectations about the future. These statements can be recognized by the use of words such as “expects,” “plans,” “will,” “estimates,” “p
Slide 3: Free Writing Prospectus Statement
Free Writing Prospectus Statement This presentation highlights basic information about the Company and the offering to which this presentation relates. Because it is a summary, it does not contain all of the information that you should consider before investing in the Company’s securities. The Compa
Slide 4: Transaction Details
Transaction Details Issuer GigaCloud Technology Inc Offering Type Initial Public Offering of Class A Ordinary Shares Price Range $10.25 - $12.25 Shares Offered 2,450,000 Class A ordinary share (or 2,817,500 Class A ordinary share if the underwriter exercises the over-allotment option to purchase add
Slide 5: Company Overview
GIGACLOUD Company Overview |
Slide 6: Elite Veteran-Led Management Team
Elite Veteran-Led Management Team 14+ Years of Experience Xin Wan Chief Technology Officer (CTO) Has served as chief technology officer since 2014 Previously served as the vice president of the education business unit of Aspire Company of China Mobile from 2010 to 2014 Graduated from Tsinghua Univer
Slide 7: Who We Are
Who We Are Primarily Manufacturers Based in Asia Primarily Resellers Based in the U.S. & Europe Furniture Home Fitness Equipment Gardening Home Appliance Strategically Focused on Large Parcel Products that Require Specialized Logistics Capabilities GigaCloud offers one-stop-shop logistic solutions f
Slide 8: Flexible Trading Tools to Facilitate Transaction & Fulfillment Services
Flexible Trading Tools to Facilitate Transaction & Fulfillment Services Cloud Wholesale Fulfillment Cloud Courier White Glove Will Call Multiple Transactional & Fulfillment Options To Meet Customers’ Specific Needs Simple Transactions 1 Complex Transactions Rebate, Margin, Spot Price, and Margin Tra
Slide 9: Attractive Seller Cohort Trends
Attractive Seller Cohort Trends Since inception of GigaCloud Marketplace, active 3P sellers’ GMV has consistently increased over time 2021 sellers increased GMV sold from $1mm in Q1 2021 to $14mm in Q1 2022, 1,239% year-over-year increase We expect continued growth in the number of active 3P sellers
Slide 10: Attractive Buyer Cohort Trends
Attractive Buyer Cohort Trends Since inception of GigaCloud Marketplace, active buyers’ spend has consistently increased over time 2021 buyers increased their spend from $5mm in Q1 2021 to $37mm in Q1 2022, 675% year-over-year increase We expect continued momentum in buyer spend and engagement as we
Slide 11: End-to-End Logistics Capabilities
Ocean Transportation Covering 11 ports of destination Over 10,000 annual containers Extensive Trucking Network Partnership with major trucking and freight service providers Global Basic Logistics Facilities Network 21 overseas large-scale warehouses located in 4 countries around the world Over 4 mil
Slide 12: Data Driven Operations
Data Driven Operations AI / ML Enabled Technology Stack Big Data Driven Technology Stack Powered by AI & Machine Learning Drives Incremental Operating Efficiencies Buyer Data Informs buyer behavior which allows for more targeted product marketing Seller Data Leverage AI to establish credit profiles
Slide 13: Financial Overview
GIGACLOUD Financial Overview |
Slide 14: GigaCloud's GMV and Revenue Structure
GigaCloud’s GMV and Revenue Structure GigaCloud 3P GigaCloud 1P Off-Platform eCommerce GigaCloud Marketplace For the Year Ended December 31, 2021 2022 $89.5 $113.4 For the Three Months Ended March 31, GigaCloud Marketplace GMV (in millions) 2020 2021 $190.5 $414.2 Service Revenue Product Revenue Yea
Slide 15: Financial Highlights
Financial Highlights Strong, Profitable Financial Profile Tremendous Scale Extensive Reach GigaCloud at a Glance $414M Revenue FY2021 50% Revenue Growth FY2021 69% GigaCloud Marketplace GMV Growth LTM MARCH 31, 2022 410 Active Sellers LTM MARCH 31, 2022 3,782 Active Buyers LTM MARCH 31, 2022 7,300 3
Slide 16: Historical GMV and Revenue by Business
Historical GMV by Business Historical Revenue by Business ($ in millions) $122 $275 $414 $95 ($ in millions) $283 $112 $122 $140 $541 $100 Financials Overview Commentary Commentary Rapid historical GMV growth fueled by seller and buyer adoption GMV on the GigaCloud Marketplace is becoming more promi
Slide 17: Financials Overview (Continued)
Financials Overview (Continued) Commentary Commentary Gross profit contracted in Q1 2022 due to sharp increase in ocean freight costs in 2021 as well as unfavorable FX rate Gross profit has increased substantially from 2019 due to GMV and 1P growth Moderate EBITDA growth despite disadvantageous oper
Slide 18: Growth Strategy
GIGACLOUD Growth Strategy
Slide 19: Our Growth Strategies
Our Growth Strategies Expandable platform with significant avenues for growth Grow and diversify existing seller base In 2021, 85% of active 3P sellers in marketplace were based in China à looking to expand seller base into South East Asia including Vietnam, Thailand, Indonesia and Philippines Expan
Slide 20: GigaCloud
GIGACLOUD