onurdongel Investment Thesis GigaCloud Technology Inc. (NASDAQ:GCT) delivered strong top-line growth for Q2 2024. However, in the quarter, its underlying profitability was not quite as alluring. This is a business that investors have been incredibly fearful of, with short report after short report hitting the stock. And yet, I continue to be amazed at how this business continues to execute, with no debt and making so much cash, all the while more than doubling its revenues y/y. Irrespective of what the  ...