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UCL: financial statements from SEC — TradeAlmanac

UCL

uCloudlink Group Inc.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Revenue	81M	92M	86M	71M
Cost of revenue	39M	47M	44M	39M
Gross profit	43M	44M	42M	33M
Research and development	5M	6M	6M	8M
Selling, general and administrative	13M	16M	17M	19M
Operating income	8M	4M	3M	−19M
Pre-tax income	8M	4M	3M	−20M
Income tax	2M	68,000	70,000	161,000
Net income	6M	5M	3M	−20M
Earnings per share	0.02	0.01	0.01	−0.06
Earnings per share, diluted	0.02	0.01	0.01	−0.06
Weighted average shares	379M	376M	372M	312M
Weighted average shares, diluted	379M	376M	372M	312M

Balance sheet

Metric	18/08/2026	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2019	31/03/2018
Cash and equivalents	—	33M	30M	23M	15M	8M	—	—
Receivables	—

Cash flow

Metric	31/12/2025	31/12/2024	31/12/2023	31/12/2022
Operating cash flow	3M	9M	7M	4M
Depreciation and amortisation	3M	2M	985,000	839,000
Share-based compensation	1M	1M	3M	3M
Capital expenditure

Amounts in USD unless stated otherwise. Data: US exchange trading and company filings with the regulator