ULBI Q4 2021 Earnings — Ultralife Corporation Revenue & Financial Results | Market Cap Arena

ULBIUltralife Corporation

$102M

Q4 2021 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$24M-18.0% YoY

Gross Profit

$5M22.3% margin

Operating Income

-$1M-5.2% margin

Net Income

-$1M-4.8% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+9.2%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$5M

Stock-Based Comp.

$159,000

Balance Sheet

Total Assets

$160M

Total Liabilities

$42M

Stockholders' Equity

$118M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$24M	$29M	-18.0%
Gross Profit	$5M	$7M	-28.1%
Operating Income	-$1M	$1M	-201.2%
Net Income	-$1M	$2M	-153.7%

Revenue Segments

Battery & Energy Products Segment

$22M93%

Communications Systems Segment

$2M7%