ULBI FY 2023 Earnings — Ultralife Corporation Revenue & Financial Results | Market Cap Arena

ULBIUltralife Corporation

$102M

FY 2023 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$159M+20.3% YoY

Gross Profit

$39M24.7% margin

Operating Income

$9M6.0% margin

Net Income

$7M4.5% margin

EPS (Diluted)

$0.44

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

-$623,000

Stock-Based Comp.

$528,000

Balance Sheet

Total Assets

$178M

Total Liabilities

$53M

Stockholders' Equity

$125M

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$159M	$132M	+20.3%
Gross Profit	$39M	$29M	+33.3%
Operating Income	$9M	$129,000	+7245.0%
Net Income	$7M	-$119,000	+6147.9%