ULBIUltralife Corporation

$102M

Q3 2024 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$36M-9.6% YoY

Gross Profit

$9M24.3% margin

Operating Income

$511,0001.4% margin

Net Income

$258,0000.7% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

-17.0%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$4M

Stock-Based Comp.

$170,000

Balance Sheet

Total Assets

$172M

Total Liabilities

$38M

Stockholders' Equity

$134M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$39M	-9.6%
Gross Profit	$9M	$10M	-11.2%
Operating Income	$511,000	$2M	-76.1%
Net Income	$258,000	$1M	-80.6%

Geographic Segments

Non-US

$15M100%

ULBI Q3 2024 Earnings — Ultralife Corporation Revenue & Financial Results | Market Cap Arena