Gigacloud Technology Inc · NASDAQ:GCT
Gigacloud Technology — Q1 2025 Earnings Presentation
22 slides from Gigacloud Technology's earnings presentation, May 12, 2025
Slide 1: Q1'2025 Investor Presentation
Q1’2025 Investor Presentation May 2025
Slide 2: Disclaimer
Disclaimer 2 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 recommenda
Slide 3: Our Mission Statement
Our Mission Statement GIGACLOUD TECHNOLOGY (NASDAQ: GCT) IS A PIONEER OF THE GLOBAL B2B MARKETPLACE FOR LARGE PARCEL MERCHANDISE THAT IS REINVENTING THE SUPPLY CHAIN AND TRANSFORMING THE WAY WHOLESALE BUYERS AND SELLERS CONNECT AND TRANSACT Our GigaCloud B2B Marketplace seamlessly connects suppliers
Slide 4: GigaCloud At A Glance
GigaCloud At A Glance 4 OUR FINANCIALS($M) OUR SCALE OUR REACH 311 Total Revenues 296 303 272 $1.4B 1,154 251 $272M / 8% Revenue / YoY Growth GigaCloud Marketplace GMV Active 3P Sellers Q1'25 Q4'24 Q3'24 Q2'24 Q1'24 LTM ended 3/31/25 LTM ended 3/31/25 Q1’24 to Q1’25 Gross Profit & Margin 33% 77 76 6
Slide 5: Our Timeline
Our Timeline 2024 Forbes’ #1 America’s 5 Most Successful Small-Cap Company 2023 2010 Acquisitions of Launched our first ecommerce store on Rakuten, officially entering the Japanese 2013 market 2024 Official entry 2019 Russell 2000 into the U.S. Launched Inclusion market Gigab2b.com 2012 2017 Officia
Slide 6: Our Business Model
OUR BUSINESS MODEL
Slide 7: What is SFR?
What is SFR? 7 Supplier Fulfilled Retailing (SFR) – transforming wholesale trade through reorganizing the supply chain and redefining key roles for a risk- and efficiency-optimized B2B ecosystem. SELLER GIGAB2B.COM BUYER END RETAIL/RESELLER CUSTOMER ECOMMERCE/BRICK-AND-MORTAR GLOBAL FULFILLMENT NETW
Slide 8: Why SFR?
Why SFR？ 8 8 TRADITIONALLY • High inventory risk from • Limited display space and inflexibility to • Low margins in a fragmented channels consumer demand competitive landscape • Complex supply chain requires • High inventory risk from fragmented channels manual coordination • Pricing difficulties &
Slide 9: The GigaCloud Cycle
THE GIGACLOUD CYCLE
Slide 10: 1P, 3P, and Logistics
1P, 3P, and Logistics 10 Revenue generated from sale of GigaCloud inventory Infrastructure supporting 1P & 3P Revenue generated from services businesses; providing efficient through facilitation of transactions fulfillment solutions between sellers and buyers GigaCloud Marketplace GMV = Total gross
Slide 11: Resale Pillars
OR Re ASiCET PLAGE
Slide 12: Flexible Tools to Facilitate Transactions
Flexible Tools to Simple Transactions Direct Fulfilment 12 GigaCloud fulfills product directly from a Facilitate Transactions Company facility to the end consumer, without need for buyers to warehouse or handle any aspect of fulfillment Complex Transactions Rebate Spot Price May 2025 Margin Margin T
Slide 13: 37,000+ SKUs and Growing
Expansive Product Categories 13 37,000+ SKUs and Growing INDOOR GARDENING FITNESS PET SUPPLIES WASHROOM OUTDOOR PLAY OTHERS ➢ Lounge & Dining ➢ Patio Furniture ➢ Home Gym Equipment ➢ Dog Houses ➢ Stool ➢ Kids' Ride-On Toys ➢ Home Decoration ➢ Bedroom ➢ Garden Décor ➢ Weightlifting Gear ➢ Cat Trees ➢
Slide 14: Attractive Active Buyer Trends
Attractive Active Buyer Trends Q1 2025 KEY STATISTICS 14 Active Buyer Spend (GMV) in GigaCloud Marketplace (USD$ in millions) 9,966 Active Buyers $~142k Spend per Active Buyer 7,257 9,306 2019 - 2021 Buyers 8,535 2022 Buyers 9,966 2023 Buyers $62 $8 2024 Buyers $86 $74 2025 Buyers Active Buyers 5,49
Slide 15: Software: Tech-Driven Operations
SOFTWARE: Tech-Driven Operations 15 Data-driven Tech Stack Accelerates Operational Efficiency Advanced Tech Empowered Product Load Balancing Software Framework Warehousing End Customer Seller & Buyer May 2025
Slide 16: Hardware: End-to-End Cross Border Fulfillment Capabilities
HARDWARE: End-to-End Cross Border Fulfillment Capabilities 16 Ocean Transportation Delivery of goods Supplier 16 ports of destination 30,000+ containers annually As of 12/31/2024 Extensive Trucking Network Partnership with all major trucking Reseller and freight service providers Cloud storage: Virt
Slide 17: Our Presence
Our Presence Global Reach 17 North America 1 fulfillment center 2 ports of destination UK Fulfillment 5 4 fulfillment centers ports of destination Germany China Japan India 3 1 fulfillment centers port of destination Vietnam Malaysia 25 7 fulfillment centers ports of destination Strategic locations
Slide 18: Our Strengths
OUR STRENGTHS
Slide 19: Strong Competitive Advantages
Strong Competitive Advantages 19 Global Diverse Service Presence SFR Toolbox Empowerment GigaCloud B2B Marketplace Advanced Customer = A better way for buyers and sellers May 2025 2024 Technology of large parcel merchandise to Network November transact globally
Slide 20: Highly Productive
20 Highly Productive 2024 Ranked #1 on Forbes’ America’s Most Reached and surpassed $1B in revenue and GMV Successful Small-Cap Companies for the first time Award-winning innovation in home furnishings Added to Russell 2000 Index and entrepreneurship Expanded to over 10M sf of global fulfillment spa
Slide 21: ...And Exciting Plans for 2025
21 …And Exciting Plans for 2025 Solidify GigaCloud B2B Marketplace Capitalize on rapid growth in as the industry leader Europe Broaden product breadth to deepen Explore strategic M&A to accelerate the Marketplace value growth Advance ongoing Noble House Scale adoption of Wonder App integration May 2
Slide 22: Thank You
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