Ucloudlink Group Inc. Financials
This page shows Ucloudlink Group Inc. (UCL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Ucloudlink Group Inc. has an operating margin of 4.8%, meaning the company retains $5 of operating profit per $100 of revenue. This below-average margin results in a low score of 24/100, suggesting thin profitability after operating expenses. This is up from 3.0% the prior year.
Ucloudlink Group Inc.'s revenue grew 7.1% year-over-year to $91.6M, a solid pace of expansion. This earns a growth score of 49/100.
Ucloudlink Group Inc. has a moderate D/E ratio of 2.01. This balance of debt and equity financing earns a leverage score of 37/100.
Ucloudlink Group Inc.'s current ratio of 1.32 indicates adequate short-term liquidity, earning a score of 33/100. The company can meet its near-term obligations, though with limited headroom.
Ucloudlink Group Inc.'s free cash flow margin of 5.7% results in a low score of 28/100. Capital expenditures of $4.0M absorb a large share of operating cash flow.
Ucloudlink Group Inc. earns a strong 21.1% return on equity (ROE), meaning it generates $21 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 84/100. This is up from 17.5% the prior year.
Ucloudlink Group Inc. scores -2.01, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($64.7M) relative to total liabilities ($43.4M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Ucloudlink Group Inc. passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Ucloudlink Group Inc. generates $2.02 in operating cash flow ($9.2M OCF vs $4.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Ucloudlink Group Inc. earns $22.4 in operating income for every $1 of interest expense ($4.4M vs $196K). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Ucloudlink Group Inc. generated $91.6M in revenue in fiscal year 2024. This represents an increase of 7.1% from the prior year.
Ucloudlink Group Inc.'s EBITDA was $6.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 81.0% from the prior year.
Ucloudlink Group Inc. generated $5.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 16.8% from the prior year.
Ucloudlink Group Inc. reported $4.6M in net income in fiscal year 2024. This represents an increase of 62.1% from the prior year.
Ucloudlink Group Inc. earned $0.01 per diluted share (EPS) in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Ucloudlink Group Inc. held $30.1M in cash against $0 in long-term debt as of fiscal year 2024.
Ucloudlink Group Inc. paid $0.00 per share in dividends in fiscal year 2024.
Ucloudlink Group Inc.'s gross margin was 48.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 0.6 percentage points from the prior year.
Ucloudlink Group Inc.'s operating margin was 4.8% in fiscal year 2024, reflecting core business profitability. This is up 1.8 percentage points from the prior year.
Ucloudlink Group Inc.'s net profit margin was 5.0% in fiscal year 2024, showing the share of revenue converted to profit. This is up 1.7 percentage points from the prior year.
Ucloudlink Group Inc.'s ROE was 21.1% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 3.6 percentage points from the prior year.
Ucloudlink Group Inc. invested $6.2M in research and development in fiscal year 2024. This represents a decrease of 4.0% from the prior year.
Ucloudlink Group Inc. invested $4.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 93.6% from the prior year.
UCL Income Statement
| Metric | Q4'24 | Q4'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q4'19 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
UCL Balance Sheet
| Metric | Q4'24 | Q4'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q4'19 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $65.0M+14.8% | $56.6M+23.2% | $45.9M-21.4% | $58.4M-13.0% | $67.1M-21.9% | $85.9M-11.7% | $97.3M+7.9% | $90.1M |
| Current Assets | $55.6M+13.3% | $49.0M+18.6% | $41.3M-9.3% | $45.6M-7.2% | $49.1M-19.2% | $60.8M-15.5% | $71.9M-15.6% | $85.3M |
| Cash & Equivalents | $30.1M+28.6% | $23.4M+56.6% | $14.9M+24.5% | $12.0M+52.3% | $7.9M-57.2% | $18.4M-16.4% | $22.0M-41.1% | $37.3M |
| Inventory | $1.3M-39.9% | $2.2M-39.8% | $3.6M-26.6% | $4.9M-19.5% | $6.1M-3.7% | $6.4M+8.9% | $5.8M-44.4% | $10.5M |
| Accounts Receivable | $7.9M+21.4% | $6.5M+8.9% | $6.0M-53.9% | $12.9M-13.4% | $14.9M+27.3% | $11.7M+73.7% | $6.7M-73.8% | $25.8M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $43.4M+6.9% | $40.6M+10.7% | $36.6M-24.8% | $48.8M+3.7% | $47.0M+4.4% | $45.0M+10.2% | $40.9M-42.1% | $70.6M |
| Current Liabilities | $42.2M+7.8% | $39.1M+7.4% | $36.4M-24.9% | $48.5M+3.7% | $46.8M+4.5% | $44.7M+10.4% | $40.5M-14.9% | $47.7M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $21.6M+34.7% | $16.1M+72.8% | $9.3M-3.8% | $9.7M-51.9% | $20.1M-50.8% | $40.9M-27.5% | $56.4M+189.7% | $19.5M |
| Retained Earnings | -$222.0M+2.0% | -$226.6M+1.2% | -$229.4M-2.5% | -$223.7M-6.8% | -$209.5M-12.0% | -$187.1M-14.4% | -$163.5M-63.4% | -$100.1M |
UCL Cash Flow Statement
| Metric | Q4'24 | Q4'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q4'19 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
UCL Financial Ratios
| Metric | Q4'24 | Q4'23 | Q4'22 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q4'19 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Ratio | 1.32+0.1 | 1.25+0.1 | 1.13+0.2 | 0.94-0.1 | 1.05-0.3 | 1.36-0.4 | 1.77-0.0 | 1.79 |
| Debt-to-Equity | 2.01-0.5 | 2.53-1.4 | 3.94-1.1 | 5.05+2.7 | 2.34+1.2 | 1.10+0.4 | 0.72-2.9 | 3.63 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
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Frequently Asked Questions
What is Ucloudlink Group Inc.'s annual revenue?
Ucloudlink Group Inc. (UCL) reported $91.6M in total revenue for fiscal year 2024. This represents a 7.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Ucloudlink Group Inc.'s revenue growing?
Ucloudlink Group Inc. (UCL) revenue grew by 7.1% year-over-year, from $85.6M to $91.6M in fiscal year 2024.
Is Ucloudlink Group Inc. profitable?
Yes, Ucloudlink Group Inc. (UCL) reported a net income of $4.6M in fiscal year 2024, with a net profit margin of 5.0%.
What is Ucloudlink Group Inc.'s earnings per share (EPS)?
Ucloudlink Group Inc. (UCL) reported diluted earnings per share of $0.01 for fiscal year 2024. This represents a 0.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Ucloudlink Group Inc.'s EBITDA?
Ucloudlink Group Inc. (UCL) had EBITDA of $6.7M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Ucloudlink Group Inc.'s gross margin?
Ucloudlink Group Inc. (UCL) had a gross margin of 48.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Ucloudlink Group Inc.'s operating margin?
Ucloudlink Group Inc. (UCL) had an operating margin of 4.8% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Ucloudlink Group Inc.'s net profit margin?
Ucloudlink Group Inc. (UCL) had a net profit margin of 5.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Ucloudlink Group Inc. pay dividends?
Yes, Ucloudlink Group Inc. (UCL) paid $0.00 per share in dividends during fiscal year 2024.
What is Ucloudlink Group Inc.'s return on equity (ROE)?
Ucloudlink Group Inc. (UCL) has a return on equity of 21.1% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Ucloudlink Group Inc.'s free cash flow?
Ucloudlink Group Inc. (UCL) generated $5.2M in free cash flow during fiscal year 2024. This represents a 16.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Ucloudlink Group Inc.'s operating cash flow?
Ucloudlink Group Inc. (UCL) generated $9.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Ucloudlink Group Inc.'s total assets?
Ucloudlink Group Inc. (UCL) had $65.0M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Ucloudlink Group Inc.'s capital expenditures?
Ucloudlink Group Inc. (UCL) invested $4.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Ucloudlink Group Inc. spend on research and development?
Ucloudlink Group Inc. (UCL) invested $6.2M in research and development during fiscal year 2024.
What is Ucloudlink Group Inc.'s current ratio?
Ucloudlink Group Inc. (UCL) had a current ratio of 1.32 as of fiscal year 2024, which is considered adequate.
What is Ucloudlink Group Inc.'s debt-to-equity ratio?
Ucloudlink Group Inc. (UCL) had a debt-to-equity ratio of 2.01 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Ucloudlink Group Inc.'s return on assets (ROA)?
Ucloudlink Group Inc. (UCL) had a return on assets of 7.0% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Ucloudlink Group Inc.'s Altman Z-Score?
Ucloudlink Group Inc. (UCL) has an Altman Z-Score of -2.01, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Ucloudlink Group Inc.'s Piotroski F-Score?
Ucloudlink Group Inc. (UCL) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Ucloudlink Group Inc.'s earnings high quality?
Ucloudlink Group Inc. (UCL) has an earnings quality ratio of 2.02x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Ucloudlink Group Inc. cover its interest payments?
Ucloudlink Group Inc. (UCL) has an interest coverage ratio of 22.4x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Ucloudlink Group Inc.?
Ucloudlink Group Inc. (UCL) scores 42 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.