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GSE SYSTEMS INC

Delisted

CIK 944480fmd_0D5SG7KKTXDWN3CZ1ZBK8ZZ7HKServices · Services-Prepackaged SoftwareTemplate: Standard

Coverage: Jan 01, 2009 to Jun 30, 2024, 60 periods

Latest annual · FY2023

Millions
Total revenues
45
Gross profit
12
Operating income
(7)
Net income
(9)
Free cash flow
1

Latest quarter · Q2 FY2024

Millions
Total revenues
12
Gross profit
4
Operating income
0
Net income
(1)
Free cash flow
1
Open Financials

Key stats

Open Analysis

Compound annual growth

Revenue, 3 yearsFY2020 to FY2023
-7.9%
Revenue, 5 yearsFY2018 to FY2023
-13.4%
Net income, 5 yearsFY2018 to FY2023
n/m

GSE SYSTEMS INC financials: quick answers

Annual figures as filed with the SEC. Each number links to the filing it came from and to its proof.

MetricFY2023FY2022ChangeSource
Revenue$45 million$47.7 million-5.6%10-K 2024-04-02 · proof
Gross profit$11.9 million$11.9 million+0.2%10-K 2024-04-02 · proof
Operating income-$6.8 million-$14.4 million10-Q 2024-05-15 · proof
Net income-$8.7 million-$15.3 million10-K 2024-04-02 · proof
Cash from operating activities$1.6 million$738,000+111.2%10-K 2024-04-02 · proof
Free cash flow$1.4 million$500,000+178.2%10-K 2024-04-02 · proof
Total assets$22.8 million$26.5 million-13.9%10-K 2024-04-02 · proof
Total liabilities$17.5 million$16.3 million+7.4%10-K 2024-04-02 · proof
Cash and cash equivalents$2.3 million$2.8 million-19.3%10-K 2024-04-02 · proof
What was GSE SYSTEMS INC's revenue in fiscal 2023?
GSE SYSTEMS INC reported revenue of $45 million for fiscal 2023 (the year ended Dec 31, 2023), against $47.7 million the year before (-5.6%). Source: the 10-K filed with the SEC on Apr 2, 2024. SEC
What was GSE SYSTEMS INC's gross profit in fiscal 2023?
GSE SYSTEMS INC reported gross profit of $11.9 million for fiscal 2023 (the year ended Dec 31, 2023), against $11.9 million the year before (+0.2%). Source: the 10-K filed with the SEC on Apr 2, 2024. SEC
What was GSE SYSTEMS INC's operating income in fiscal 2023?
GSE SYSTEMS INC reported operating income of -$6.8 million for fiscal 2023 (the year ended Dec 31, 2023), against -$14.4 million the year before. Source: the 10-Q filed with the SEC on May 15, 2024 (restated). SEC
What was GSE SYSTEMS INC's net income in fiscal 2023?
GSE SYSTEMS INC reported net income of -$8.7 million for fiscal 2023 (the year ended Dec 31, 2023), against -$15.3 million the year before. Source: the 10-K filed with the SEC on Apr 2, 2024. SEC
What was GSE SYSTEMS INC's cash from operating activities in fiscal 2023?
GSE SYSTEMS INC reported cash from operating activities of $1.6 million for fiscal 2023 (the year ended Dec 31, 2023), against $738,000 the year before (+111.2%). Source: the 10-K filed with the SEC on Apr 2, 2024. SEC
What was GSE SYSTEMS INC's free cash flow in fiscal 2023?
GSE SYSTEMS INC reported free cash flow of $1.4 million for fiscal 2023 (the year ended Dec 31, 2023), against $500,000 the year before (+178.2%). Source: the 10-K filed with the SEC on Apr 2, 2024. SEC
What are GSE SYSTEMS INC's total assets?
As of Dec 31, 2023, GSE SYSTEMS INC reported total assets of $22.8 million, against $26.5 million a year earlier (-13.9%). Source: the 10-K filed with the SEC on Apr 2, 2024. SEC
What are GSE SYSTEMS INC's total liabilities?
As of Dec 31, 2023, GSE SYSTEMS INC reported total liabilities of $17.5 million, against $16.3 million a year earlier (+7.4%). Source: the 10-K filed with the SEC on Apr 2, 2024. SEC
What are GSE SYSTEMS INC's cash and cash equivalents?
As of Dec 31, 2023, GSE SYSTEMS INC reported cash and cash equivalents of $2.3 million, against $2.8 million a year earlier (-19.3%). Source: the 10-K filed with the SEC on Apr 2, 2024. SEC

Read from the FinancialMD API on Nov 14, 2026. Values change only when a new filing is made; see the Financials tab for every period and as-of replay.

The same numbers for an agent, with proof on every value:

curl "https://api.financial.md/v1/company/financials/income_statement/standardized?company=cik:944480&period_type=annual&limit=5"

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