ULBI Q2 2022 Earnings — Ultralife Corporation Revenue & Financial Results | Market Cap Arena

ULBIUltralife Corporation

$102M

Q2 2022 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$32M+20.0% YoY

Gross Profit

$8M23.8% margin

Operating Income

$793,0002.5% margin

Net Income

$512,0001.6% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

-$178,000

Free Cash Flow

-$392,000

Stock-Based Comp.

$184,000

Balance Sheet

Total Assets

$162M

Total Liabilities

$45M

Stockholders' Equity

$117M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$32M	$27M	+20.0%
Gross Profit	$8M	$7M	+5.2%
Operating Income	$793,000	$1M	-27.3%
Net Income	$512,000	$811,000	-36.9%

Revenue Segments

Battery & Energy Products Segment

$30M94%

Communications Systems Segment

$2M6%