Ubiquiti Inc. (UI)

Ubiquiti Income Statement

Financials in millions USD. Fiscal year is July - June.

Year	2023	2022	2021	2020	2019
Revenue	1,941	1,692	1,898	1,285	1,162
Revenue Growth (YoY)	14.71%	-10.87%	47.77%	10.57%	14.25%
Cost of Revenue	1,180	1,022	985.82	676.33	624.13
Gross Profit	760.73	669.81	912.28	608.17	537.6
Selling, General & Admin	70.99	69.86	53.51	40.57	43.24
Research & Development	145.17	137.69	116.17	89.41	82.07
Other Operating Expenses	0	0	0	0	18
Operating Expenses	216.17	207.55	169.68	129.97	143.31
Operating Income	544.57	462.26	742.59	478.2	394.3
Interest Expense / Income	58.22	17.82	14.94	28	12.81
Pretax Income	486.34	444.45	727.65	450.2	381.49
Income Tax	78.7	65.79	111.07	69.9	58.8
Net Income	407.64	378.66	616.58	380.3	322.69
Net Income Growth	7.65%	-38.59%	62.13%	17.85%	64.40%
Shares Outstanding (Basic)	60	62	63	65	71
Shares Outstanding (Diluted)	60	62	63	65	71
Shares Change	-2.03%	-2.07%	-3.72%	-8.41%	-7.44%
EPS (Basic)	6.75	6.14	9.79	5.81	4.52
EPS (Diluted)	6.74	6.13	9.78	5.80	4.51
EPS Growth	9.95%	-37.32%	68.62%	28.60%	79.68%
Free Cash Flow	-166.36	356.79	593.7	429.67	207.57
Free Cash Flow Per Share	-2.75	5.78	9.43	6.57	2.91
Dividend Per Share	2.400	2.400	1.600	1.200	1.000
Dividend Growth	0%	50.00%	33.33%	20.00%	-
Gross Margin	39.20%	39.59%	48.06%	47.35%	46.28%
Operating Margin	28.06%	27.33%	39.12%	37.23%	33.94%
Profit Margin	21.01%	22.38%	32.48%	29.61%	27.78%
Free Cash Flow Margin	-8.57%	21.09%	31.28%	33.45%	17.87%
Effective Tax Rate	16.18%	14.80%	15.26%	15.53%	15.41%
EBITDA	561.22	477.1	754.94	487.04	401.85
EBITDA Margin	28.92%	28.20%	39.77%	37.92%	34.59%
Depreciation & Amortization	16.65	14.83	12.35	8.84	7.56
EBIT	544.57	462.26	742.59	478.2	394.3
EBIT Margin	28.06%	27.33%	39.12%	37.23%	33.94%

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).