GCT Semiconductor Holding

GCTS

Semiconductors · Technology

Price

$2.04

+0.05 (+2.51%)

Market Cap

$185.6M

Winston Score

–

No score yet — Winston is napping.

We couldn’t gather enough financial data to score this stock reliably.

Track this stock — start free trial

Share count rising — dilution

+20.4% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 43.9M (2021) → 52.9M (2025)

Winston Score History

The full picture

GCT Semiconductor designs chips that help devices connect to cellular networks, including 4G LTE and 5G. Its main products are modem chipsets used in things like routers, industrial equipment, and connected devices. The company sells to equipment makers and network operators, mostly in markets where affordable wireless connectivity is being built out.

GCT makes money by selling its chips and licensing its technology to manufacturers. It operates primarily in Asia and North America, and with a market cap of around $200 million, it is a small player in a semiconductor industry dominated by much larger companies like Qualcomm and MediaTek. The company is currently losing money, with deeply negative margins, which means it is spending far more than it earns — the biggest risk is whether it can grow revenue fast enough to reach profitability before running out of financial runway.

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-17.9% YoY

YoY Growth Rate

Revenue declining

EPS Growth

+3.8% YoY

YoY Growth Rate

Slow EPS growth

R&D Spend

$14M/ year

↓ Declining (-19% vs prior year)

488.7% of revenue

32.6x the sector average (15%)

R&D spend declining — could signal cost-cutting or efficiency

Insider Activity

22.9%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Runway

~5 months

$30M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Short runway — potential dilution ahead through share issuance

Cash watch

GCT Semiconductor Holding has less than a year of cash at its current burn rate. Growth investors should watch for potential share dilution from future fundraising — that directly reduces your ownership.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

-23.3%

Thin — -23.3% gross margin

Profit after running costs

Operating Margin

-763.6%

Losing money on operations — -763.6%

Return on the money invested

ROCE

N/A

—

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

-32.8%

Shrinking sales (-32.8% YoY)

Profit growth

EPS YoY

N/A

Data not available

How steady the profit is

EPS Consistency

2/8 quarters

Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

N/A

—

Data not available

Spare cash per sale

FCF Margin

-996.8%

Burning cash (-996.8%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

N/A

—

Data not available

Covers its interest

Interest Cover

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

N/M

—

Negative earnings — P/E not meaningful

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial