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Gigamedia Ltd Financials

GIGM
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2024 Currency USD FYE December

This page shows Gigamedia Ltd (GIGM) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 33 / 100
Financial Profile 33/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
0

Gigamedia Ltd has an operating margin of -124.6%, meaning the company retains $-125 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -73.5% the prior year.

Growth
0

Gigamedia Ltd's revenue declined 30.8% year-over-year, from $4.3M to $3.0M. This contraction results in a growth score of 0/100.

Leverage
100

Gigamedia Ltd carries a low D/E ratio of 0.05, meaning only $0.05 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
100

With a current ratio of 18.35, Gigamedia Ltd holds $18.35 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Cash Flow
0

While Gigamedia Ltd generated -$2.3M in operating cash flow, capex of $46K consumed most of it, leaving -$2.4M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.

Returns
0

Gigamedia Ltd generates a -5.7% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is up from -7.8% the prior year.

Piotroski F-Score Weak
3/9

Gigamedia Ltd passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Low Quality
1.02x

For every $1 of reported earnings, Gigamedia Ltd generates $1.02 in operating cash flow (-$2.3M OCF vs -$2.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue
$3.0M
YoY-30.8%
5Y CAGR-14.9%
10Y CAGR-11.2%

Gigamedia Ltd generated $3.0M in revenue in fiscal year 2024. This represents a decrease of 30.8% from the prior year.

EBITDA
-$3.7M
YoY-17.4%

Gigamedia Ltd's EBITDA was -$3.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 17.4% from the prior year.

Net Income
-$2.3M
YoY+32.5%

Gigamedia Ltd reported -$2.3M in net income in fiscal year 2024. This represents an increase of 32.5% from the prior year.

EPS (Diluted)
$-0.21
YoY+32.3%

Gigamedia Ltd earned $-0.21 per diluted share (EPS) in fiscal year 2024. This represents an increase of 32.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow
-$2.4M
YoY-91.1%

Gigamedia Ltd generated -$2.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 91.1% from the prior year.

Cash & Debt
$34.8M
YoY-9.6%
5Y CAGR-9.6%
10Y CAGR-3.7%

Gigamedia Ltd held $34.8M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share
N/A
Shares Outstanding
11M
YoY+0.0%
5Y CAGR+0.0%

Gigamedia Ltd had 11M shares outstanding in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Margins & Returns

Gross Margin
49.7%
YoY-7.3pp
5Y CAGR-4.2pp
10Y CAGR+29.8pp

Gigamedia Ltd's gross margin was 49.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 7.3 percentage points from the prior year.

Operating Margin
-124.6%
YoY-51.1pp
5Y CAGR-79.3pp
10Y CAGR+13.1pp

Gigamedia Ltd's operating margin was -124.6% in fiscal year 2024, reflecting core business profitability. This is down 51.1 percentage points from the prior year.

Net Margin
-77.3%
YoY+1.9pp
5Y CAGR-52.4pp
10Y CAGR-24.6pp

Gigamedia Ltd's net profit margin was -77.3% in fiscal year 2024, showing the share of revenue converted to profit. This is up 1.9 percentage points from the prior year.

Return on Equity
-5.7%
YoY+2.1pp
5Y CAGR-2.7pp
10Y CAGR+0.8pp

Gigamedia Ltd's ROE was -5.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 2.1 percentage points from the prior year.

Capital Allocation

R&D Spending
$694K
YoY-4.8%
5Y CAGR-10.2%
10Y CAGR-2.5%

Gigamedia Ltd invested $694K in research and development in fiscal year 2024. This represents a decrease of 4.8% from the prior year.

Share Buybacks
N/A
Capital Expenditures
$46K
YoY-11.5%
5Y CAGR-0.8%
10Y CAGR-19.8%

Gigamedia Ltd invested $46K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 11.5% from the prior year.

GIGM Income Statement

Metric Q4'24 Q4'23 Q4'22 Q4'21 Q4'20 Q4'19 Q4'18 Q4'17
Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses N/A N/A N/A N/A N/A N/A N/A N/A
Operating Income N/A N/A N/A N/A N/A N/A N/A N/A
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax N/A N/A N/A N/A N/A N/A N/A N/A
Net Income N/A N/A N/A N/A N/A N/A N/A N/A
EPS (Diluted) N/A N/A N/A N/A N/A N/A N/A N/A

GIGM Balance Sheet

Metric Q4'24 Q4'23 Q4'22 Q4'21 Q4'20 Q4'19 Q4'18 Q4'17
Total Assets $42.4M-8.9% $46.5M-10.8% $52.1M-6.1% $55.5M-2.6% $57.0M-3.7% $59.2M-3.6% $61.4M-7.5% $66.4M
Current Assets $35.4M-9.6% $39.2M-18.0% $47.8M+12.3% $42.6M-8.5% $46.5M-21.0% $58.9M-2.8% $60.6M-7.5% $65.5M
Cash & Equivalents $34.8M-9.6% $38.5M-0.8% $38.8M-6.4% $41.5M-9.3% $45.7M-20.9% $57.7M-2.6% $59.3M-6.9% $63.7M
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $141K-37.9% $227K+14.1% $199K-24.9% $265K-3.6% $275K-25.3% $368K-29.6% $523K-30.4% $751K
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $2.0M-31.9% $3.0M-16.2% $3.5M-24.3% $4.7M+59.5% $2.9M-20.4% $3.7M+12.4% $3.3M-35.2% $5.0M
Current Liabilities $1.9M-21.6% $2.5M-6.6% $2.6M-18.0% $3.2M+10.0% $2.9M-18.4% $3.6M+9.5% $3.3M-35.2% $5.0M
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $40.3M-7.3% $43.5M-10.4% $48.6M-4.4% $50.9M-6.0% $54.1M-2.6% $55.5M-4.5% $58.2M-5.2% $61.4M
Retained Earnings -$244.1M-0.9% -$241.8M-1.4% -$238.4M-1.2% -$235.7M-1.5% -$232.3M-0.6% -$231.0M-1.2% -$228.2M-1.3% -$225.4M

GIGM Cash Flow Statement

Metric Q4'24 Q4'23 Q4'22 Q4'21 Q4'20 Q4'19 Q4'18 Q4'17
Operating Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Financing Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

GIGM Financial Ratios

Metric Q4'24 Q4'23 Q4'22 Q4'21 Q4'20 Q4'19 Q4'18 Q4'17
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A N/A N/A N/A N/A
Net Margin N/A N/A N/A N/A N/A N/A N/A N/A
Return on Equity N/A N/A N/A N/A N/A N/A N/A N/A
Return on Assets N/A N/A N/A N/A N/A N/A N/A N/A
Current Ratio 18.35+2.4 15.91-2.2 18.14+4.9 13.24-2.7 15.92-0.5 16.43-2.1 18.51+5.5 12.98
Debt-to-Equity 0.05-0.0 0.070.0 0.07-0.0 0.09+0.0 0.05-0.0 0.070.0 0.06-0.0 0.08
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

Gigamedia Ltd (GIGM) reported $3.0M in total revenue for fiscal year 2024. This represents a -30.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Gigamedia Ltd (GIGM) revenue declined by 30.8% year-over-year, from $4.3M to $3.0M in fiscal year 2024.

No, Gigamedia Ltd (GIGM) reported a net income of -$2.3M in fiscal year 2024, with a net profit margin of -77.3%.

Gigamedia Ltd (GIGM) reported diluted earnings per share of $-0.21 for fiscal year 2024. This represents a 32.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Gigamedia Ltd (GIGM) had EBITDA of -$3.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

Gigamedia Ltd (GIGM) had a gross margin of 49.7% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

Gigamedia Ltd (GIGM) had an operating margin of -124.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

Gigamedia Ltd (GIGM) had a net profit margin of -77.3% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Gigamedia Ltd (GIGM) has a return on equity of -5.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

Gigamedia Ltd (GIGM) generated -$2.4M in free cash flow during fiscal year 2024. This represents a -91.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Gigamedia Ltd (GIGM) generated -$2.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

Gigamedia Ltd (GIGM) had $42.4M in total assets as of fiscal year 2024, including both current and long-term assets.

Gigamedia Ltd (GIGM) invested $46K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Gigamedia Ltd (GIGM) invested $694K in research and development during fiscal year 2024.

Gigamedia Ltd (GIGM) had 11M shares outstanding as of fiscal year 2024.

Gigamedia Ltd (GIGM) had a current ratio of 18.35 as of fiscal year 2024, which is generally considered healthy.

Gigamedia Ltd (GIGM) had a debt-to-equity ratio of 0.05 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

Gigamedia Ltd (GIGM) had a return on assets of -5.4% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2024 data, Gigamedia Ltd (GIGM) had $34.8M in cash against an annual operating cash burn of $2.3M. This gives an estimated cash runway of approximately 179 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Gigamedia Ltd (GIGM) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Gigamedia Ltd (GIGM) has an earnings quality ratio of 1.02x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Gigamedia Ltd (GIGM) scores 33 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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