uCloudlink Group Inc.
uCloudlink Group Inc. (UCL) Financial Performance & Income Statement Overview
Explore the financials of uCloudlink Group Inc. (UCL), including yearly and quarterly data on income, cash flow, and balance sheets.
uCloudlink Group Inc. (UCL) Income Statement & Financial Overview
Access detailed annual and quarterly income data for uCloudlink Group Inc. UCL financial performance.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $25.96M | $25.19M | $22.36M | $18.13M |
| Cost of Revenue | $14.79M | $13.002M | $11.36M | $8.13M |
| Gross Profit | $11.17M | $12.19M | $10.99M | $10.003M |
| Gross Profit Ratio | $0.43 | $0.48 | $0.49 | $0.55 |
| R&D Expenses | $1.79M | $1.44M | $1.49M | $1.48M |
| SG&A Expenses | $12.29M | $8.56M | $7.59M | $7.44M |
| Operating Expenses | $12.89M | $8.85M | $8.74M | $9.49M |
| Total Costs & Expenses | $27.68M | $21.85M | $20.10M | $17.62M |
| Interest Income | $176000.00 | $11000.00 | $27000.00 | $13000.00 |
| Interest Expense | $51000.00 | $42000.00 | $47000.00 | $56000.00 |
| Depreciation & Amortization | $724000.00 | $11000.00 | $581000.00 | $385000.00 |
| EBITDA | -$818000.00 | $3.35M | $2.83M | $909000.00 |
| EBITDA Ratio | -$0.03 | $0.13 | $0.13 | $0.05 |
| Operating Income | -$1.72M | $3.34M | $2.25M | $511000.00 |
| Operating Income Ratio | -$0.07 | $0.13 | $0.10 | $0.03 |
| Other Income/Expenses (Net) | $218000.00 | -$31000.00 | -$20000.00 | -$43000.00 |
| Income Before Tax | -$1.50M | $3.31M | $2.23M | $468000.00 |
| Income Before Tax Ratio | -$0.06 | $0.13 | $0.10 | $0.03 |
| Income Tax Expense | $2000.00 | -$2000.00 | $47000.00 | $21000.00 |
| Net Income | -$1.50M | $3.39M | $2.24M | $430000.00 |
| Net Income Ratio | -$0.06 | $0.13 | $0.10 | $0.02 |
| EPS | -$0.40 | $0.09 | $0.06 | $0.01 |
| Diluted EPS | -$0.40 | $0.09 | $0.06 | $0.01 |
| Weighted Avg Shares Outstanding | $3.78M | $37.71M | $37.55M | $37.48M |
| Weighted Avg Shares Outstanding (Diluted) | $3.78M | $37.71M | $37.55M | $37.48M |
The company's financials show resilient growth, with revenue advancing from $18.13M in Q1 2024 to $25.96M in Q4 2024. Gross profit remained healthy with margins at 43% in Q4 2024 compared to 55% in Q1 2024. Operating income hit -$1.72M last quarter, sustaining a consistent -7% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$818000.00. Net income dropped to -$1.50M, while earnings per share reached -$0.40. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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