uCloudlink Group
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. uCloudlink Group's past years’ income statements indicate that its last revenue has increased compared to the previous period by 20% to $85,576,000. The net income raised on $2,811,000 and profit margin reached 3%. Total operating expenses were $39,378,000.
Profit Margin
| 2017 | 85.84M | -19.26M | -22.44% |
|---|---|---|---|
| 2018 | 126.39M | -26.55M | -21.01% |
| 2019 | 158.38M | 5.20M | 3.29% |
| 2020 | 89.56M | -63.41M | -70.8% |
| 2021 | 73.82M | -46.32M | -62.75% |
| 2022 | 71.46M | -19.92M | -27.88% |
| 2023 | 85.57M | 2.81M | 3.28% |
UCL Income Statement (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Revenue | |||||||
Revenue | 85.57M | 71.46M | 73.82M | 89.56M | 158.38M | 126.39M | 85.84M |
Cost of revenue | 43.61M | 38.92M | 51.99M | 61.26M | 93.46M | 80.24M | 56.31M |
Gross profit | 41.96M | 32.53M | 21.83M | 28.30M | 64.91M | 46.15M | 29.53M |
Operating exp. | |||||||
Research and development | 6.45M | 8.43M | 13.69M | 26.35M | 15.10M | 20.40M | 13.25M |
Selling and marketing | 14.30M | 10.30M | 13.62M | 29.26M | 24.36M | 29.65M | 17.67M |
Total operating expenses | 39.37M | 51.72M | 67.74M | 98.84M | 58.03M | 69.27M | 47.08M |
Operating income | 2.58M | -19.19M | -45.91M | -70.53M | 5.50M | -23.16M | -16.13M |
Other income (expenses), net | -63K | -572K | -174K | -248K | -245K | -43K | -3.12M |
Income before tax | 2.52M | -19.76M | -46.08M | -63.23M | 5.26M | -26.11M | -19.26M |
Income tax expense | 70K | 161K | 244K | 185K | 57K | 3.43M | 1.71M |
Net income | 2.81M | -19.92M | -46.32M | -63.41M | 5.20M | -26.55M | -19.26M |
Earnings per share | |||||||
Basic EPS | 0.07 | -0.64 | -1.62 | -2.44 | 0.18 | -1.02 | -0.74 |
Diluted EPS | 0.07 | -0.64 | -1.62 | -2.44 | 0.18 | -1.02 | -0.74 |
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