uCloudlink Group Inc. (UCL)

uCloudlink Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	92.26	91.64	85.58	71.46	73.82	89.57
Revenue Growth (YoY)	7.65%	7.08%	19.75%	-3.20%	-17.58%	-43.45%
Cost of Revenue	48.21	47.27	43.61	38.93	51.99	61.26
Gross Profit	44.05	44.36	41.97	32.53	21.83	28.31
Selling, General & Admin	37.27	35.87	31.42	29.03	42.17	72.48
Research & Development	6.12	6.2	6.46	8.43	13.7	26.36
Other Operating Expenses	-2.04	-1.39	-1.56	-1	-1.5	-2.42
Operating Expenses	41.35	40.68	36.32	36.46	54.37	96.42
Operating Income	2.7	3.68	5.65	-3.93	-32.54	-68.11
Interest Expense	-0.2	-0.2	-0.13	-0.44	-0.19	-0.29
Interest & Investment Income	0.22	0.23	0.07	0.02	0.01	0.04
Earnings From Equity Investments	0.22	0.21	0.36	0.07	0.29	-
Currency Exchange Gain (Loss)	-0.47	-0.47	-0.51	-2.52	-1.11	-0.15
Other Non Operating Income (Expenses)	-	-	-	-0.15	-	-
EBT Excluding Unusual Items	2.48	3.46	5.43	-6.95	-33.53	-68.51
Gain (Loss) on Sale of Investments	1.09	1.09	-2.75	-12.96	-12.36	4.91
Gain (Loss) on Sale of Assets	0.08	0.08	0.2	0.22	0.09	0.38
Pretax Income	3.65	4.63	2.88	-19.69	-45.8	-63.23
Income Tax Expense	0.13	0.07	0.07	0.16	0.24	0.19
Net Income	3.51	4.56	2.81	-19.85	-46.04	-63.42
Preferred Dividends & Other Adjustments	-	-	-	-	-	1.29
Net Income to Common	3.51	4.56	2.81	-19.85	-46.04	-64.71
Net Income Growth	201.11%	62.15%	-	-	-	-
Shares Outstanding (Basic)	38	38	37	31	29	26
Shares Outstanding (Diluted)	38	38	37	31	29	26
Shares Change (YoY)	0.98%	1.24%	18.96%	9.27%	10.05%	11.92%
EPS (Basic)	0.09	0.12	0.08	-0.64	-1.61	-2.49
EPS (Diluted)	0.09	0.12	0.08	-0.64	-1.61	-2.49
EPS Growth	-	60.16%	-	-	-	-
Free Cash Flow	3.79	5.19	4.44	3.99	-22.53	-3.29
Free Cash Flow Per Share	0.10	0.14	0.12	0.13	-0.79	-0.13
Gross Margin	47.74%	48.41%	49.04%	45.53%	29.58%	31.60%
Operating Margin	2.93%	4.02%	6.60%	-5.50%	-44.07%	-76.05%
Profit Margin	3.81%	4.97%	3.28%	-27.78%	-62.37%	-72.24%
Free Cash Flow Margin	4.10%	5.66%	5.19%	5.59%	-30.51%	-3.67%
EBITDA	5.42	6.01	6.77	-2.8	-30.37	-65.85
EBITDA Margin	5.87%	6.56%	7.91%	-3.92%	-41.14%	-73.51%
D&A For EBITDA	2.72	2.33	1.12	1.13	2.17	2.27
EBIT	2.7	3.68	5.65	-3.93	-32.54	-68.11
EBIT Margin	2.93%	4.02%	6.60%	-5.50%	-44.07%	-76.05%
Effective Tax Rate	3.67%	1.47%	2.43%	-	-	-
Revenue as Reported	92.26	91.64	85.58	71.46	73.82	89.57
Advertising Expenses	-	7.14	3.92	2.22	2.85	2.7

Updated May 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q