uCloudlink Group Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	32.83	30.06	23.37	14.92	7.87
Short-Term Investments	14.84	10.31	7.61	13.1	14.17
Cash & Short-Term Investments	47.68	40.37	30.98	28.02	22.04
Cash Growth	18.10%	30.29%	10.57%	27.15%	-49.58%
Accounts Receivable	6.13	9.85	9.43	6.66	16.08
Other Receivables	1.36	1.35	-	0.72	1.47
Receivables	7.49	11.2	9.43	7.37	17.55
Inventory	4.38	1.31	2.18	3.62	6.13
Prepaid Expenses	1.49	2.32	6.42	2.16	2.55
Other Current Assets	0.23	0.36	-	0.16	0.81
Total Current Assets	61.26	55.56	49.02	41.35	49.09
Property, Plant & Equipment	3.97	6.9	4.75	1.39	1.8
Long-Term Investments	2.04	2.01	1.96	1.71	13.93
Other Intangible Assets	0.51	0.51	0.65	0.8	1.01
Other Long-Term Assets	0.04	-	0.23	0.69	1.31
Total Assets	67.83	64.98	56.61	45.93	67.13
Accounts Payable	7.19	7.45	5.33	6.85	13
Accrued Expenses	16.51	22.75	22.89	22.28	24.71
Short-Term Debt	5.55	6.96	5.3	2.88	3.18
Current Portion of Long-Term Debt	0.07	-	-	-	-
Current Portion of Leases	1.19	1.85	1.08	0.18	-
Current Unearned Revenue	3.43	0.71	1.6	1.27	1.59
Other Current Liabilities	2.83	2.47	2.92	2.97	4.29
Total Current Liabilities	36.77	42.18	39.12	36.44	46.77
Long-Term Debt	1.62	-	-	-	-
Long-Term Leases	0.57	1.09	1.29	-	-
Other Long-Term Liabilities	0.06	0.09	0.15	0.2	0.26
Total Liabilities	39.02	43.36	40.55	36.64	47.03
Common Stock	0.02	0.02	0.02	0.02	0.01
Additional Paid-In Capital	242.42	241.38	240.14	236.77	230.05
Retained Earnings	-215.71	-222.01	-226.57	-229.38	-209.52
Comprehensive Income & Other	2.08	2.23	2.46	1.88	-0.45
Total Common Equity	28.81	21.62	16.05	9.29	20.09
Shareholders' Equity	28.81	21.62	16.05	9.29	20.09
Total Liabilities & Equity	67.83	64.98	56.61	45.93	67.13
Total Debt	9	9.9	7.67	3.06	3.18
Net Cash (Debt)	38.67	30.47	23.32	24.96	18.86
Net Cash Growth	26.91%	30.68%	-6.59%	32.34%	-52.85%
Net Cash Per Share	1.02	0.81	0.63	0.80	0.66
Filing Date Shares Outstanding	38.09	37.63	37.49	36.98	28.97
Total Common Shares Outstanding	38.06	37.8	37.45	36.88	28.7
Working Capital	24.5	13.38	9.89	4.91	2.31
Book Value Per Share	0.76	0.57	0.43	0.25	0.70
Tangible Book Value	28.3	21.12	15.4	8.49	19.08
Tangible Book Value Per Share	0.74	0.56	0.41	0.23	0.66
Machinery	12	12.24	11.92	11.26	13.37
Leasehold Improvements	0.55	0.53	0.53	0.54	0.59

Updated Mar 18, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q