UTStarcom Holdings Corp. (UTSI)

UTStarcom Holdings Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	15.75	14.05	15.92	24.31	65.62
Revenue Growth (YoY)	12.11%	-11.74%	-34.51%	-62.96%	-43.40%
Cost of Revenue	11.36	11.39	17	20.78	41.47
Gross Profit	4.39	2.67	-1.08	3.53	24.16
Selling, General & Admin	5.32	2.29	-2.64	18.69	15.83
Research & Development	5.88	4.76	6.89	8.08	14.47
Operating Expenses	11.2	7.05	4.24	26.77	30.29
Operating Income	-6.81	-4.39	-5.32	-23.24	-6.14
Interest Expense / Income	0	0	0	0.01	0.02
Other Expense / Income	-4.23	-1.45	-2.79	2.21	-2.21
Pretax Income	-2.58	-2.94	-2.53	-25.46	-3.94
Income Tax	1.27	2.06	3.29	-1.78	-0.03
Net Income	-3.85	-5	-5.83	-23.68	-3.91
Shares Outstanding (Basic)	9	9	9	9	9
Shares Outstanding (Diluted)	9	9	9	9	9
Shares Change	0.63%	0.54%	0.41%	0.91%	-2.10%
EPS (Basic)	-0.42	-0.55	-0.65	-2.64	-0.44
EPS (Diluted)	-0.42	-0.55	-0.65	-2.64	-0.44
Free Cash Flow	-4.73	7.03	19.48	-3.52	-24.65
Free Cash Flow Per Share	-0.52	0.78	2.16	-0.39	-2.77
Gross Margin	27.87%	18.98%	-6.75%	14.52%	36.81%
Operating Margin	-43.22%	-31.22%	-33.41%	-95.61%	-9.35%
Profit Margin	-24.45%	-35.60%	-36.61%	-97.39%	-5.96%
Free Cash Flow Margin	-30.05%	50.01%	122.36%	-14.46%	-37.57%
EBITDA	-1.15	-1.74	-0.73	-23.36	-1.34
EBITDA Margin	-7.28%	-12.38%	-4.60%	-96.09%	-2.04%
Depreciation & Amortization	1.43	1.2	1.8	2.09	2.59
EBIT	-2.58	-2.94	-2.53	-25.45	-3.93
EBIT Margin	-16.36%	-20.92%	-15.92%	-104.68%	-5.99%

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).