Name: uCloudlink Group Inc. (UCL) Financial Statements
Creator: FinSpry

uCloudlink Group Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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uCloudlink Group Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	91.64	85.58	71.46	73.82	89.57
Cost of Revenue	47.27	43.61	38.93	51.99	61.26
Gross Profit	44.36	41.97	32.53	21.83	28.31
Operating Expenses
Research & Development	6.20	6.46	8.43	13.70	26.36
Selling, General & Administrative	35.87	31.42	29.03	42.17	72.48
Operating Expenses	40.68	36.76	36.46	54.37	96.42
Operating Income	3.68	5.21	-3.93	-32.54	-68.11
Other Income/Expense
Interest Income	0.23	0.07	0.02	0.01	0.04
Interest Expense	-0.20	0.13	-0.44	-0.19	-0.29
Other Income/Expense	0.24	-2.62	-0.15	-0.29	-5.05
Income
Income Before Tax	4.63	2.52	-19.69	-45.80	-63.23
Income Tax Expense	0.07	0.07	0.16	0.24	0.19
Net Income	4.56	2.81	-19.85	-46.04	-63.42
Net Income - Continuous Operations	4.56	2.81	-19.85	-46.04	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00
EBITDA	6.01	3.78	-2.80	-30.37	-65.85
EBIT	3.68	2.66	-3.93	-32.54	-68.11
Depreciation & Amortization	2.33	1.12	1.13	2.17	2.27
Earnings Per Share
Basic EPS	-	-	-1.00	-2.00	-2.00
Diluted EPS	-	-	-1.00	-2.00	-2.00
Basic Shares Outstanding	37.63	37.17	31.25	28.60	25.99
Diluted Shares Outstanding	37.63	37.17	31.25	28.60	25.99