ULBI Q4 2022 Earnings — Ultralife Corporation Revenue & Financial Results | Market Cap Arena

ULBIUltralife Corporation

$102M

Q4 2022 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$36M+51.9% YoY

Gross Profit

$8M22.4% margin

Operating Income

$217,0000.6% margin

Net Income

-$224,000-0.6% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+8.6%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$2M

Stock-Based Comp.

$224,000

Balance Sheet

Total Assets

$168M

Total Liabilities

$52M

Stockholders' Equity

$116M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$24M	+51.9%
Gross Profit	$8M	$5M	+52.8%
Operating Income	$217,000	-$1M	+117.7%
Net Income	-$224,000	-$1M	+80.2%

Revenue Segments

Battery & Energy Products Segment

$32M89%

Communications Systems Segment

$4M11%