Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Gemdale.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $75.34B | $98.01B | $120.21B | $99.23B | $83.98B | $63.42B | $50.70B | $37.66B | $55.51B | $32.76B |
| Cost of Revenue | $64.02B | $80.95B | $95.24B | $77.98B | $56.17B | $37.53B | $28.84B | $24.55B | $39.13B | $23.38B |
| Gross Profit | $11.33B | $17.06B | $24.97B | $21.25B | $27.81B | $25.89B | $21.86B | $13.11B | $16.38B | $9.39B |
| Gross Profit Ratio | 15.03% | 17.41% | 20.77% | 21.42% | 33.12% | 40.82% | 43.12% | 34.82% | 29.50% | 28.65% |
| Research and Development Expenses | $56.28M | $124.83M | $185.36M | $150.10M | $64.13M | $61.02M | $44.04M | $26.48M | $34.05M | $19.54M |
| General and Administrative Expenses | $915.56M | $1.29B | $1.24B | $1.29B | $1.07B | $1.02B | $832.90M | $652.09M | $603.70M | $553.28M |
| Selling and Marketing Expenses | $1.65B | $2.97B | $2.83B | $3.09B | $2.14B | $2.11B | $1.42B | $1.24B | $1.18B | $1.12B |
| Selling General and Administrative Expenses | $2.57B | $4.26B | $4.07B | $4.38B | $3.20B | $3.13B | $2.25B | $1.89B | $1.78B | $1.68B |
| Other Expenses | $15.70B | $6.86B | $7.53B | $7.51B | $8.82B | $9.05B | $-67.37M | $24.25M | $92.55M | $79.94M |
| Operating Expenses | $18.32B | $11.07B | $11.78B | $12.04B | $12.08B | $12.24B | $10.80B | $7.35B | $7.77B | $5.53B |
| Cost and Expenses | $82.34B | $92.07B | $107.02B | $90.02B | $68.25B | $49.77B | $39.64B | $31.90B | $46.90B | $28.91B |
| Interest Income | $908.46M | $2.39B | $3.25B | $3.24B | $3.57B | $2.76B | $2.39B | $1.38B | $821.91M | $976.89M |
| Interest Expense | $2.80B | $3.33B | $3.85B | $3.80B | $2.97B | $2.82B | $1.70B | $1.18B | $727.01M | $1.15B |
| Depreciation and Amortization | $308.56M | $344.40M | $598.77M | $530.02M | $526.23M | $195.74M | $162.21M | $140.84M | $90.72M | $47.56M |
| EBITDA | $-3.89B | $10.82B | $14.30B | $15.87B | $20.96B | $17.55B | $14.07B | $8.39B | $13.34B | $3.32B |
| EBITDA Ratio | -5.17% | 11.04% | 11.90% | 15.99% | 24.95% | 27.67% | 27.75% | 22.27% | 24.03% | 10.14% |
| Operating Income | $-7.00B | $5.93B | $21.60B | $16.06B | $20.35B | $19.72B | $15.18B | $11.66B | $11.11B | $6.20B |
| Operating Income Ratio | -9.29% | 6.05% | 17.97% | 16.18% | 24.23% | 31.09% | 29.94% | 30.95% | 20.02% | 18.92% |
| Total Other Income Expenses Net | $-6.68M | $136.05M | $118.89M | $-236.02M | $-312.39M | $-206.56M | $-67.37M | $24.25M | $-1.38B | $79.78M |
| Income Before Tax | $-7.00B | $6.07B | $13.08B | $15.82B | $20.03B | $19.51B | $15.11B | $11.68B | $11.21B | $6.28B |
| Income Before Tax Ratio | -9.30% | 6.19% | 10.88% | 15.94% | 23.86% | 30.76% | 29.80% | 31.01% | 20.19% | 19.17% |
| Income Tax Expense | $814.92M | $2.87B | $3.91B | $2.87B | $4.79B | $4.04B | $3.01B | $2.20B | $2.63B | $1.44B |
| Net Income | $-6.12B | $888.12M | $9.17B | $12.95B | $15.24B | $15.47B | $8.10B | $6.84B | $6.30B | $3.20B |
| Net Income Ratio | -8.12% | 0.91% | 7.63% | 13.05% | 18.15% | 24.39% | 15.97% | 18.17% | 11.35% | 9.77% |
| EPS | $-1.35 | $0.20 | $2.03 | $2.87 | $3.38 | $3.43 | $1.79 | $1.52 | $1.40 | $0.71 |
| EPS Diluted | $-1.35 | $0.20 | $2.03 | $2.87 | $3.38 | $3.43 | $1.79 | $1.52 | $1.40 | $0.71 |
| Weighted Average Shares Outstanding | 4.53B | 4.44B | 4.51B | 4.51B | 4.51B | 4.51B | 4.51B | 4.50B | 4.50B | 4.50B |
| Weighted Average Shares Outstanding Diluted | 4.53B | 4.44B | 4.51B | 4.51B | 4.51B | 4.51B | 4.52B | 4.50B | 4.50B | 4.51B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $22.73B | $29.74B | $54.51B | $64.81B | $54.20B | $45.14B | $44.01B | $27.41B | $21.56B | $15.00B |
| Short Term Investments | $55.35B | $-28.20M | $-25.35B | $-24.33B | $-22.47B | $19.47M | $25.14B | $-17.86B | $-14.85B | $7.10B |
| Cash and Short Term Investments | $22.73B | $29.74B | $54.51B | $64.81B | $54.20B | $45.16B | $44.01B | $27.41B | $21.56B | $15.00B |
| Net Receivables | $2 | $1.63B | $94.39B | $96.29B | $469.76M | $287.97M | $103.27M | $53.25B | $61.15M | $74.94M |
| Inventory | $83.78B | $132.91B | $151.00B | $188.80B | $187.61B | $139.78B | $112.12B | $84.18B | $71.78B | $77.64B |
| Other Current Assets | $92.92B | $107.98B | $97.36B | $100.01B | $81.88B | $78.87B | $65.58B | $8.61B | $28.44B | $15.77B |
| Total Current Assets | $199.44B | $272.26B | $313.98B | $365.10B | $322.57B | $270.82B | $227.64B | $169.98B | $124.75B | $117.02B |
| Property Plant Equipment Net | $1.38B | $1.62B | $2.38B | $2.59B | $3.19B | $1.25B | $1.06B | $1.12B | $1.20B | $297.85M |
| Goodwill | $273.11M | $336.06M | $336.06M | $172.62M | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $15.48M | $20.17M | $28.69M | $30.45M | $23.39M | $31.62M | $39.85M | $48.08M | $38.95M | $- |
| Goodwill and Intangible Assets | $288.59M | $356.23M | $364.75M | $203.06M | $23.39M | $31.62M | $39.85M | $48.08M | $38.95M | $-6.69B |
| Long Term Investments | $2 | $63.73B | $94.19B | $87.69B | $69.38B | $36.97B | $2 | $33.47B | $24.93B | $6.69B |
| Tax Assets | $6.31B | $5.85B | $5.52B | $4.89B | $4.16B | $3.48B | $3.32B | $2.24B | $1.64B | $1.13B |
| Other Non-Current Assets | $86.49B | $30.03B | $2.94B | $2.34B | $2.30B | $22.27B | $46.30B | $1.09B | $1.09B | $20.89B |
| Total Non-Current Assets | $94.47B | $101.58B | $105.40B | $97.71B | $79.06B | $63.99B | $50.72B | $37.97B | $28.89B | $22.32B |
| Other Assets | $0 | $1 | $- | $1 | $- | $1 | $1 | $1 | $1 | $- |
| Total Assets | $293.91B | $373.85B | $419.38B | $462.81B | $401.63B | $334.82B | $278.36B | $207.94B | $153.63B | $139.35B |
| Account Payables | $20.85B | $28.98B | $33.68B | $39.50B | $29.81B | $19.78B | $13.87B | $9.95B | $13.41B | $12.83B |
| Short Term Debt | $334.99M | $41.40B | $42.61B | $41.14B | $2.79B | $3.30B | $2.65B | $2.35B | $861.37M | $1.58B |
| Tax Payables | $2.28B | $2.34B | $4.67B | $2.59B | $2.93B | $3.62B | $3.57B | $2.05B | $2.44B | $1.01B |
| Deferred Revenue | $- | $- | $77.10B | $167.14B | $148.44B | $48.48B | $3.57B | $23.18B | $19.62B | $12.00B |
| Other Current Liabilities | $119.15B | $125.99B | $63.12B | $62.05B | $193.46B | $161.64B | $116.96B | $90.14B | $51.91B | $37.59B |
| Total Current Liabilities | $142.61B | $198.72B | $221.18B | $258.08B | $228.99B | $188.33B | $140.61B | $104.49B | $68.62B | $65.01B |
| Long Term Debt | $42.48B | $52.02B | $74.92B | $84.87B | $67.99B | $56.59B | $67.23B | $41.94B | $28.53B | $23.70B |
| Deferred Revenue Non-Current | $79.66K | $156.96K | $254.67K | $2.98M | $- | $6.29M | $0 | $1 | $-28.53B | $-23.70B |
| Deferred Tax Liabilities Non-Current | $5.21B | $5.58B | $5.17B | $4.96B | $4.92B | $4.40B | $4.03B | $3.55B | $3.39B | $3.01B |
| Other Non-Current Liabilities | $131.21M | $633.88M | $1.86B | $4.69B | $5.69B | $3.12B | $- | $- | $1 | $1 |
| Total Non-Current Liabilities | $47.82B | $58.23B | $81.94B | $94.52B | $78.60B | $64.12B | $71.26B | $45.49B | $31.91B | $26.72B |
| Other Liabilities | $1 | $-14 | $- | $- | $1 | $- | $- | $1 | $- | $- |
| Total Liabilities | $190.43B | $256.95B | $303.13B | $352.60B | $307.59B | $252.45B | $211.88B | $149.99B | $100.53B | $91.73B |
| Preferred Stock | $- | $- | $- | $- | $1 | $- | $- | $- | $- | $- |
| Common Stock | $4.51B | $4.51B | $4.51B | $4.51B | $4.51B | $4.51B | $4.51B | $4.51B | $4.51B | $4.50B |
| Retained Earnings | $51.10B | $57.30B | $57.01B | $53.74B | $47.49B | $43.05B | $35.71B | $30.27B | $26.89B | $22.66B |
| Accumulated Other Comprehensive Income Loss | $- | $3.09B | $3.01B | $2.62B | $2.73B | $2.81B | $2.91B | $2.52B | $2.88B | $2.14B |
| Other Total Stockholders Equity | $3.43B | $159.28M | $694.20M | $4.54B | $2.74B | $3.71B | $3.31B | $5.63B | $6.03B | $4.29B |
| Total Stockholders Equity | $59.04B | $65.06B | $65.23B | $62.98B | $57.48B | $54.09B | $46.45B | $40.76B | $37.43B | $33.60B |
| Total Equity | $103.47B | $116.90B | $116.26B | $110.21B | $94.04B | $82.37B | $66.48B | $57.96B | $53.10B | $47.62B |
| Total Liabilities and Stockholders Equity | $293.91B | $373.85B | $419.38B | $462.81B | $401.63B | $334.82B | $278.36B | $207.94B | $153.63B | $139.35B |
| Minority Interest | $44.43B | $51.84B | $51.03B | $47.23B | $36.56B | $28.28B | $20.03B | $17.19B | $15.67B | $14.02B |
| Total Liabilities and Total Equity | $293.91B | $373.85B | $419.38B | $462.81B | $401.63B | $334.82B | $278.36B | $207.94B | $153.63B | $139.35B |
| Total Investments | $55.35B | $63.70B | $68.85B | $63.36B | $46.91B | $36.99B | $25.14B | $15.61B | $10.08B | $6.51B |
| Total Debt | $42.81B | $52.55B | $117.53B | $126.19B | $110.27B | $92.69B | $75.93B | $52.81B | $36.63B | $38.72B |
| Net Debt | $20.08B | $22.82B | $63.02B | $61.38B | $56.07B | $47.55B | $31.92B | $25.41B | $15.07B | $23.71B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $-7.82B | $888.12M | $9.17B | $12.95B | $15.24B | $15.47B | $12.10B | $9.48B | $8.58B | $4.84B |
| Depreciation and Amortization | $308.56M | $591.02M | $365.51M | $369.27M | $416.65M | $113.53M | $104.54M | $102.39M | $61.12M | $47.56M |
| Deferred Income Tax | $- | $- | $-436.47M | $-1.17B | $-835.57M | $-2.63M | $-927.90M | $-570.88M | $-492.79M | $239.72M |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $8.27B | $-5.93B | $6.96B | $-487.80M | $-7.31B | $-4.38B | $-11.30B | $-12.13B | $10.04B | $4.72B |
| Accounts Receivables | $2.47B | $-179.14M | $329.86M | $-1.95B | $-2.19B | $-9.79B | $-16.05B | $-30.41B | $5.55B | $-2.91B |
| Inventory | $49.59B | $41.77B | $50.67B | $12.87B | $-32.64B | $-22.75B | $-28.70B | $-14.79B | $15.20B | $-2.39B |
| Accounts Payables | $- | $-47.52B | $-43.61B | $-10.24B | $28.35B | $28.16B | $34.38B | $33.64B | $-10.22B | $9.77B |
| Other Working Capital | $-43.80B | $- | $-436.47M | $-1.17B | $-835.57M | $-2.63M | $17.40B | $2.66B | $-5.16B | $7.10B |
| Other Non Cash Items | $12.86B | $6.65B | $3.42B | $-3.43B | $-830.75M | $-3.30B | $-2.74B | $-4.44B | $-1.59B | $-1.22B |
| Net Cash Provided by Operating Activities | $13.62B | $2.19B | $19.91B | $9.40B | $7.52B | $7.90B | $-1.83B | $-6.99B | $17.08B | $8.39B |
| Investments in Property Plant and Equipment | $-200.14M | $-594.10M | $-695.00M | $-616.32M | $-1.26B | $-1.14B | $-856.21M | $-500.81M | $-922.45M | $-453.37M |
| Acquisitions Net | $-85.78M | $2.15B | $-127.75M | $210.15M | $-641.50M | $-1.61B | $1.35B | $-12.71M | $-243.92M | $19.98M |
| Purchases of Investments | $-670.19M | $-1.98B | $-12.45B | $-16.28B | $-14.17B | $-21.20B | $-12.75B | $-33.75B | $-23.53B | $-17.55B |
| Sales Maturities of Investments | $3.38B | $3.03B | $7.81B | $3.89B | $2.77B | $13.63B | $8.09B | $34.79B | $23.27B | $10.77B |
| Other Investing Activities | $42.60M | $713.74M | $3.06B | $3.24B | $3.26B | $690.74M | $-1.05B | $210.21M | $464.15M | $-216.52M |
| Net Cash Used for Investing Activities | $2.46B | $3.32B | $-2.41B | $-9.55B | $-10.04B | $-9.64B | $-5.21B | $745.74M | $-964.92M | $-7.43B |
| Debt Repayment | $-18.64B | $-25.59B | $-11.42B | $15.49B | $14.11B | $12.47B | $27.22B | $18.45B | $-3.71B | $-2.17B |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $5.87M | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $-4.12B | $-6.19B | $-2.84B | $-3.16B | $-7.54B | $-7.49B | $-5.56B | $-5.28B | $-3.85B | $-3.32B |
| Other Financing Activities | $-819.50M | $563.68M | $-7.27B | $-3.46B | $317.39M | $136.15M | $-322.11M | $-692.21M | $-1.99B | $2.62B |
| Net Cash Used Provided by Financing Activities | $-23.58B | $-31.22B | $-27.74B | $10.55B | $11.72B | $5.11B | $21.33B | $12.47B | $-9.55B | $-2.86B |
| Effect of Forex Changes on Cash | $33.94M | $18.04M | $83.78M | $-43.18M | $-136.28M | $39.64M | $107.98M | $-101.09M | $50.89M | $37.34M |
| Net Change in Cash | $-7.47B | $-25.69B | $-10.16B | $10.35B | $9.07B | $3.41B | $14.40B | $6.13B | $6.62B | $-1.86B |
| Cash at End of Period | $21.19B | $28.66B | $54.35B | $64.51B | $54.16B | $45.10B | $41.69B | $27.29B | $21.16B | $14.55B |
| Cash at Beginning of Period | $28.66B | $54.35B | $64.51B | $54.16B | $45.10B | $41.69B | $27.29B | $21.16B | $14.55B | $16.41B |
| Operating Cash Flow | $13.62B | $2.19B | $19.91B | $9.40B | $7.52B | $7.90B | $-1.83B | $-6.99B | $17.08B | $8.39B |
| Capital Expenditure | $-200.14M | $-594.10M | $-695.00M | $-616.32M | $-1.26B | $-1.14B | $-856.21M | $-500.81M | $-922.45M | $-453.37M |
| Free Cash Flow | $13.42B | $1.60B | $19.21B | $8.78B | $6.26B | $6.76B | $-2.68B | $-7.49B | $16.16B | $7.94B |