ULBI Q4 2023 Earnings — Ultralife Corporation Revenue & Financial Results | Market Cap Arena

ULBIUltralife Corporation

$102M

Q4 2023 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$45M+23.4% YoY

Gross Profit

$11M25.6% margin

Operating Income

$4M8.2% margin

Net Income

$3M6.4% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

+12.8%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$1M

Stock-Based Comp.

$104,000

Balance Sheet

Total Assets

$178M

Total Liabilities

$53M

Stockholders' Equity

$125M

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$45M	$36M	+23.4%
Gross Profit	$11M	$8M	+41.1%
Operating Income	$4M	$217,000	+1581.6%
Net Income	$3M	-$224,000	+1382.6%

Revenue Segments

Battery & Energy Products Segment

$36M80%

Communications Systems Segment

$9M20%

Geographic Segments

Non-US

$58M100%