uCloudlink Group Inc. (UCL)

uCloudlink Group Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	26.51	27.01	25.23	36.03	43.42	67.27
Revenue Growth (YoY)	8.03%	7.03%	-29.96%	-17.03%	-35.46%	77.26%
Cost of Revenue	-18.38	-19.29	-18.58	-30.43	-34.87	-57.87
Gross Profit	44.88	46.3	43.81	66.46	78.29	125.14
Selling, General & Admin	32.51	31.42	29.03	42.17	72.48	44.59
Research & Development	6.63	6.46	8.43	13.7	26.36	15.11
Operating Expenses	39.14	37.88	37.46	55.87	98.84	59.7
Operating Income	5.75	8.42	6.35	10.59	-20.55	65.44
Interest Expense / Income	0.14	0.13	0.44	0.19	0.29	0.44
Other Expense / Income	4.36	5.41	25.6	56.2	42.4	59.74
Pretax Income	1.25	2.88	-19.69	-45.8	-63.23	5.26
Income Tax	0.08	0.07	0.16	0.24	0.19	0.06
Net Income	1.17	2.81	-19.85	-46.04	-63.42	5.21
Preferred Dividends	0	0	0	0	1.29	2.84
Net Income Common	1.17	2.81	-19.85	-46.04	-64.71	2.37
Shares Outstanding (Basic)	375	372	312	286	260	232
Shares Outstanding (Diluted)	375	372	312	286	260	232
Shares Change	1.44%	18.96%	9.27%	10.05%	11.92%	25.25%
EPS (Basic)	0.10	0.10	-0.60	-1.60	-2.50	0.10
EPS (Diluted)	0.10	0.10	-0.60	-1.60	-2.50	0.10
Free Cash Flow	4.95	4.66	4.26	-22.33	-3.06	3.2
Free Cash Flow Per Share	0.13	0.13	0.14	-0.78	-0.12	0.14
Gross Margin	169.33%	171.44%	173.64%	184.48%	180.32%	186.02%
Operating Margin	21.68%	31.18%	25.18%	29.40%	-47.33%	97.28%
Profit Margin	4.40%	10.41%	-78.68%	-127.80%	-149.03%	3.52%
Free Cash Flow Margin	18.69%	17.25%	16.88%	-61.99%	-7.05%	4.76%
Effective Tax Rate	6.27%	2.43%	-	-	-	1.08%
EBITDA	2.68	4.14	-18.27	-43.44	-60.68	8.75
EBITDA Margin	10.12%	15.31%	-72.41%	-120.59%	-139.75%	13.00%
Depreciation & Amortization	1.3	1.12	0.98	2.17	2.27	3.04
EBIT	1.39	3.01	-19.25	-45.61	-62.95	5.7
EBIT Margin	5.23%	11.16%	-76.29%	-126.60%	-144.97%	8.48%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).