Financial HealthFree cash flow (FCF) in 3Q24 was $53.1M, or $1.28 per share, and cash increased q/q to $260.5M, indicating strong liquidity and financial health.
Market PositioningThe company has a strong balance sheet and ability to take market share from its positioning as a low-cost provider.
Network EffectGCT benefits from a network effect with 1,111 active sellers, up 36.3% y/y, and 9,306 active buyers, up 85.7%, on its platform.