Gigacloud Technology Inc · NASDAQ:GCT
Gigacloud Technology — Q4 2022 Earnings Presentation
14 slides from Gigacloud Technology's earnings presentation, March 2023
Slide 1: Q4 Earnings Presentation
Q4 Earnings Presentation March 2023
Slide 2: Disclaimer
Disclaimer The information contained in this presentation has been prepared by GigaCloud Technology Inc (the “Company”) solely for informational purposes and should not be construed to be, directly or indirectly, in whole or in part, an offer to buy or sell and/or an invitation and/or a recommendati
Slide 3: Our Mission Statement
Our Mission Statement GigaCloud is a leading B2B marketplace provider, enabling the future of global commerce With a meticulously developed and comprehensive B2B platform, coupled with decades of experience, GigaCloud serves all large parcel retailers & eCommerce players throughout the world 5 4 3
Slide 4: Supplier Fulfilled Retailing Model: Using Internet to Revolutionize B2B
Supplier Fulfilled Retailing Model: Using Internet to Revolutionize B2B CURRENT MODEL LAST MILE FACTORY/DISTRIBUTOR Distributor Reseller & END Retailer CUSTOMER Challenges • Too many touchpoints • Prolonged delivery time • Fragmented market Fulfilled by resellers/retailers • Limited SKUs selection S
Slide 5: The Giga Cycle – Our 1P, 3P and Logistics
The Giga Cycle – Our 1P, 3P and Logistics Leverages seller Expands SKUs Creates market Eventually insights + in GigaCloud presence in multiple convert 1P sellers proprietary data Marketplace geographies into 3P sellers Flat Rate Program for Shipping & Handling 1P 3P Procuring products and sell thr
Slide 6: Access to Rapidly Growing Seller and GMV
Access to Rapidly Growing Seller and GMV Active Sellers Increasing Quickly… … Results in Significant Growth in GMV Number of Active Sellers GMV on GigaCloud Marketplace (USD in $mm) 560 $518 382 $414 2021 2022 2021 2022 Expansion of Product Categories from Large Furniture to Home Appliances, Fitness
Slide 7: Attractive Buyer Cohort Trends
Attractive Buyer Cohort Trends Key Buyer Trends Q4 2022 Key Statistics Since inception of GigaCloud Marketplace, active buyers’ spend has consistently increased over time 4,156 Active Buyers buyers who joined in 2021 increased their spend from $36M in Q4 2022 2021 to $40M in Q4 2022, 11.1% YoY i
Slide 8: Flexible Trading Tools to Facilitate Transactions
Flexible Trading Tools to Facilitate Transactions Product Image 1 Simple Transactions 2 Complex Transactions Drop shipping transactions where GigaCloud picks up Rebate products in GigaCloud warehouse and delivers directly to end customer, without the need for buyer to handle any Margin transac
Slide 9: HARDWARE: End-to-End Logistics Capabilities
HARDWARE: End-to-End Logistics Capabilities End-to-End Cross Border FulfillmentCapabilities Local Resources in theUS Strategic locations nationwide Close to major ports Proximity to customers Ocean Transportation Shortened delivery time to end consumer Delivery of goods Covering over 15 po
Slide 10: SOFTWARE: Data Driven Operations AI / ML Enabled Technology Stack
SOFTWARE: Data Driven Operations Big Data Driven Technology Stack Powered by AI & Machine Learning Drives Incremental Operating Efficiencies End Customer Data Informs purchase behavior and latest Warehousing Data consumer preferences Seller Data Optimizesinventory Leverage AI to establish levels glo
Slide 11: Financial Highlights
Financial Highlights GigaCloud at a Glance Strong Financials Tremendous Scale Extensive Reach $125.6M $518.2M 560 Revenue GigaCloud Marketplace GMV Active Sellers 2022 2022 Q4 2022 25.1% GigaCloud Marketplace GMV Growth 20.5% 2021 to 2022 4,156 Revenue Growth Active Buyers Q4 2021 to Q4 2022 2022 $2
Slide 12: Q4 Financial Performance Update
Q4 Financial Performance Update Value shown in charts are in million Total GMV Total Revenue Marketplace Service GMV Revenue Off-Platform 24.1% Product 20.5% GMV Revenue $176.2 $142.0 $31.1 $125.6 $104.2 $28.9 $26.6 $36.1 $145.1 $113.1 $77.7 $89.6 Q4'21 Q4'22 Q4'21 Q4'22 Gross Profit Adj. EBITDA 36.
Slide 13: Our Growth Strategies
Our Growth Strategies Expandable platform with significant avenues for growth Grow & Diversify Grow Buyer Base Expand Product Inorganic Growth Seller Base + SKUs & Engagement Service Offerings Opportunities Grow and diversify existing Attract new buyers to Continue leveraging data Actively s
Slide 14: THANK YOU
THANK YOU 14