TakeoverPE & activists

GDYNGRID DYNAMICS HOLDINGS, INC.

Services-Prepackaged Software · $1.1B market cap

0.7×

Less likely than average to be taken private

Top 28% of the Russell 3000 for a buyout by a private-equity firm, holdco or insiders. How it works

Takeover signals

What an activist or buyer would see: cheap, overpaid, diluted or under pressure.

3of 15 firedHow well they predict deals →
12 other checks
  • TSR below peersNo
    —
    3+ of last 5 years
  • High CEO pay despite TSRNo
    —
    Median CEO pay ≥ $15M while TSR trails
  • Earnings not backed by cashNo
    420% of net income
    Cash flow under 80% of net income
  • Dilutive SBCNo
    7% of revenue
    Over 10% of revenue
  • Payouts exceed cash flowNo
    5% of cash flow
    Buybacks + dividends over cash flow
  • Goodwill-heavyNo
    15% of assets
    Over 40% of assets
  • Low revenue per employeeNo
    —
    Bottom quartile of its SIC industry
  • Quiet on AINo
    25.4 per 10K words · 99th pct
    Bottom quartile of AI mentions in 10-Ks
  • Recurring revenueNo
    4 of 10
    10-K business scored 7+ of 10 for recurring revenue
  • AI-rollup shapedNo
    4 of 10
    10-K business scored 5+ of 10 as an AI-rollup target
  • Active 13DNo
    0 filings
    Active-intent 13D in 18 months
  • Net insider sellingNo
    −$2M net
    Net sales over $10M in 12 months

Deal filings

FiledFormAcquirerPricePremium
Feb 10, 2020DEFM14A—$130000000.0010.16%
Nov 27, 2019PREM14A—$10.6410.64%

Key numbers

Revenue
$412MFY2021: $211MFY2022: $310MFY2023: $313MFY2024: $351MFY2025: $412M
17% YoY
Operating margin
-0.5%FY2021: 0.0%FY2022: -6.8%FY2023: -1.8%FY2024: -0.6%FY2025: -0.5%
23% YoY
EBITDA
$18MFY2021: $5MFY2022: −$14MFY2023: $3MFY2024: $12MFY2025: $18M
47% YoY
Net debt / EBITDA
-16.8×
−$299M net debt

Financials

MetricFY2021FY2022FY2023FY2024FY2025YoYTrend
Revenue$211M$310M$313M$351M$412M 17% FY2021: $211MFY2022: $310MFY2023: $313MFY2024: $351MFY2025: $412M
Operating income$50K−$21M−$6M−$2M−$2M 10.0% FY2021: $50KFY2022: −$21MFY2023: −$6MFY2024: −$2MFY2025: −$2M
Net income−$8M−$29M−$2M$4M$10M 139% FY2021: −$8MFY2022: −$29MFY2023: −$2MFY2024: $4MFY2025: $10M
Operating cash flow$18M$32M$41M$30M$41M 34% FY2021: $18MFY2022: $32MFY2023: $41MFY2024: $30MFY2025: $41M
Capex$5M$6M$8M$12M$15M 30% FY2021: $5MFY2022: $6MFY2023: $8MFY2024: $12MFY2025: $15M
Stock-based comp$33M$61M$36M$34M$30M 11% FY2021: $33MFY2022: $61MFY2023: $36MFY2024: $34MFY2025: $30M
Buybacks$0$0$0$0$2MFY2021: $0FY2022: $0FY2023: $0FY2024: $0FY2025: $2M
Dividends$0————

13D filers

FiledFilerFormStakeIntent
Sep 16, 2024GDD International Holding CoSC 13D/A18.1%Passive
Feb 1, 2021Explorer Parent LLCSC 13D/A7.1%Passive
Jun 22, 2020Explorer Parent LLCSC 13D/A2.1%Passive
Mar 17, 2020GDD International Holding CoSC 13D35.3%Passive

Insider trading

−$2Mnet selling by insiders, open market, last 12 months
Bought $0 · 0 tradesSold $2M · 23 trades

Pay vs performance

No pay-versus-performance disclosure yet.