GTEC
Greenland Acquisition Corp
NASDAQ: GTEC · CONSUMER CYCLICAL · AUTO PARTS
$0.67
-1.82% today
Updated 2026-04-30
Market cap
$13.33M
P/E ratio
2.26
P/S ratio
0.15x
EPS (TTM)
$0.31
Dividend yield
—
52W range
$1 – $2
Volume
0.1M
Greenland Acquisition Corp (GTEC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $49.07M | $60.21M | $52.40M | $66.86M | $98.84M | $90.83M | $90.33M | $83.94M | $90.69M |
| Revenue growth (YoY) | — | +22.7% | -13.0% | +27.6% | +47.8% | -8.1% | -0.5% | -7.1% | +8.0% |
| Cost of revenue | $37.21M | $46.14M | $40.02M | $54.05M | $79.25M | $71.00M | $65.76M | $61.41M | $62.25M |
| Gross profit | $11.86M | $14.07M | $12.38M | $12.81M | $19.59M | $19.83M | $24.58M | $22.53M | $28.45M |
| Gross margin | 24.2% | 23.4% | 23.6% | 19.2% | 19.8% | 21.8% | 27.2% | 26.8% | 31.4% |
| R&D | $1.84M | $2.51M | $2.36M | $2.38M | $5.53M | $5.79M | $5.42M | $2.94M | $3.92M |
| SG&A | $9.46M | $1.65M | $2.23M | $2.13M | $3.95M | $5.46M | $6.05M | $4.85M | $15.27M |
| Operating income | $-853000.00 | $8.70M | $6.60M | $6.71M | $8.25M | $5.96M | $10.78M | $12.59M | $7.52M |
| Operating margin | -1.7% | 14.4% | 12.6% | 10.0% | 8.3% | 6.6% | 11.9% | 15.0% | 8.3% |
| EBITDA | $436379.00 | $11.15M | $9.52M | $12.01M | $12.21M | $7.34M | $-20.87M | $19.00M | $9.93M |
| EBITDA margin | 0.9% | 18.5% | 18.2% | 18.0% | 12.4% | 8.1% | -23.1% | 22.6% | 10.9% |
| EBIT | $-853621.00 | $9.57M | $7.22M | $9.58M | $9.70M | $4.91M | $-23.06M | $16.75M | $7.52M |
| Interest expense | $0.00 | $1.55M | $1.29M | $930634.00 | $587264.00 | $402968.00 | $250410.00 | $84243.00 | $111663.00 |
| Income tax | $2.19M | $1.39M | $847367.00 | $2.27M | $1.84M | $699691.00 | $1.71M | $1.51M | — |
| Effective tax rate | -204.6% | 19.0% | 16.0% | 25.2% | 22.7% | 48.4% | -12.1% | 9.7% | 0.0% |
| Net income | $-3.27M | $5.96M | $4.46M | $6.76M | $6.27M | $745553.00 | $-15.88M | $14.07M | $4.93M |
| Net income growth (YoY) | — | +282.5% | -25.1% | +51.4% | -7.3% | -88.1% | -2229.8% | +188.6% | -64.9% |
| Profit margin | -6.7% | 9.9% | 8.5% | 10.1% | 6.3% | 0.8% | -17.6% | 16.8% | 5.4% |