UCL
Income statement / Annual
Last year (2023), uCloudlink Group Inc.'s total revenue was $85.58 M,
an increase of 19.75% from the previous year.
In 2023, uCloudlink Group Inc.'s net income was $2.81 M.
See uCloudlink Group Inc.’s key income statements, including revenue, expenses, profit, and income.
Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
Operating Revenue |
$85.58 M
|
$71.46 M
|
$73.82 M
|
$89.57 M
|
$158.38 M
|
$126.40 M
|
$85.85 M
|
Cost of Revenue |
$43.61 M |
$38.93 M |
$51.99 M |
$61.26 M |
$93.46 M |
$80.24 M |
$56.31 M |
Gross Profit |
$41.97 M |
$32.53 M |
$21.83 M |
$28.31 M |
$64.92 M |
$46.16 M |
$29.53 M |
Gross Profit Ratio |
0.49 |
0.46 |
0.3 |
0.32 |
0.41 |
0.37 |
0.34 |
Research and Development
Expenses |
$6.46 M
|
$8.43 M
|
$13.70 M
|
$26.36 M
|
$15.11 M
|
$20.40 M
|
$13.26 M
|
General & Administrative
Expenses |
$17.12 M
|
$18.73 M
|
$28.55 M
|
$43.22 M
|
$20.22 M
|
$19.92 M
|
$16.19 M
|
Selling & Marketing
Expenses |
$14.30 M
|
$10.31 M
|
$13.62 M
|
$29.26 M
|
$24.37 M
|
$29.66 M
|
$17.67 M
|
Selling, General &
Administrative Expenses |
$31.42 M
|
$29.03 M
|
$42.17 M
|
$72.48 M
|
$44.59 M
|
$49.58 M
|
$33.86 M
|
Other Expenses |
$0.00 |
$14.27 M |
$11.88 M |
$7.55 M |
-$1.66 M |
-$42,000.00 |
$188,000.00 |
Operating Expenses |
$37.88 M |
$51.73 M |
$67.74 M |
$98.84 M |
$58.04 M |
$69.28 M |
$47.08 M |
Cost And Expenses |
$82.99 M |
$90.65 M |
$119.73 M |
$160.11 M |
$151.50 M |
$149.52 M |
$103.40 M |
Interest Income |
$70,000.00 |
$18,000.00 |
$14,000.00 |
$37,000.00 |
$193,000.00 |
$435,000.00 |
$174,000.00 |
Interest Expense |
$133,000.00 |
$441,000.00 |
$188,000.00 |
$285,000.00 |
$438,000.00 |
$3.39 M |
$3.30 M |
Depreciation &
Amortization |
$1.12 M
|
$981,000.00
|
$2.17 M
|
$2.27 M
|
$3.04 M
|
$5.32 M
|
$5.70 M
|
EBITDA |
$6.77 M
|
-$18.19 M
|
-$43.73 M
|
-$60.68 M
|
$10.11 M
|
-$17.41 M
|
-$10.26 M
|
EBITDA Ratio |
0.08 |
-0.27 |
-0.62 |
-0.7 |
0.07 |
-0.14 |
-0.13 |
Operating Income Ratio
|
0.03
|
-0.27
|
-0.62
|
-0.79
|
0.03
|
-0.18
|
-0.19
|
Total Other
Income/Expenses Net |
-$63,000.00
|
-$572,000.00
|
-$174,000.00
|
-$248,000.00
|
-$245,000.00
|
-$2.95 M
|
-$3.13 M
|
Income Before Tax |
$2.52 M |
-$19.76 M |
-$46.08 M |
-$63.23 M |
$5.26 M |
-$26.12 M |
-$19.26 M |
Income Before Tax Ratio
|
0.03
|
-0.28
|
-0.62
|
-0.71
|
0.03
|
-0.21
|
-0.22
|
Income Tax Expense |
$70,000.00 |
$161,000.00 |
$244,000.00 |
$185,000.00 |
$57,000.00 |
$3.44 M |
$1.71 M |
Net Income |
$2.81 M |
-$19.93 M |
-$46.33 M |
-$63.42 M |
$5.21 M |
-$26.56 M |
-$19.26 M |
Net Income Ratio |
0.03 |
-0.28 |
-0.63 |
-0.71 |
0.03 |
-0.21 |
-0.22 |
EPS |
0.0756 |
-0.64 |
-1.62 |
-2.44 |
0.18 |
-1.02 |
-0.74 |
EPS Diluted |
0.0756 |
-0.64 |
-1.62 |
-2.44 |
0.18 |
-1.02 |
-0.74 |
Weighted Average Shares
Out |
$37.17 M
|
$31.25 M
|
$28.60 M
|
$25.99 M
|
$28.46 M
|
$26.15 M
|
$26.12 M
|
Weighted Average Shares
Out Diluted |
$37.17 M
|
$31.25 M
|
$28.60 M
|
$25.99 M
|
$28.46 M
|
$26.15 M
|
$26.12 M
|
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