uCloudlink Group Inc. (UCL)

uCloudlink Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	30.2	30.06	23.37	14.92	7.87	21.99
Short-Term Investments	8.55	10.31	7.61	13.1	14.17	21.73
Cash & Short-Term Investments	38.76	40.37	30.98	28.02	22.04	43.71
Cash Growth	14.18%	30.29%	10.57%	27.15%	-49.58%	9.74%
Accounts Receivable	6.9	9.85	9.43	6.66	16.08	9.01
Other Receivables	-	1.35	-	0.72	1.47	0.63
Receivables	6.9	11.2	9.43	7.37	17.55	9.63
Inventory	4.55	1.31	2.18	3.62	6.13	5.85
Prepaid Expenses	7.16	2.32	6.42	2.16	2.55	3
Restricted Cash	-	-	-	-	-	8.24
Other Current Assets	-	0.36	-	0.16	0.81	1.51
Total Current Assets	57.37	55.56	49.02	41.35	49.09	71.94
Property, Plant & Equipment	4.85	6.9	4.75	1.39	1.8	3.03
Long-Term Investments	2.01	2.01	1.96	1.71	13.93	19.13
Other Intangible Assets	0.5	0.51	0.65	0.8	1.01	1.04
Other Long-Term Assets	-	-	0.23	0.69	1.31	2.12
Total Assets	64.73	64.98	56.61	45.93	67.13	97.25
Accounts Payable	8.02	7.45	5.33	6.85	13	8.71
Accrued Expenses	21.84	22.75	22.89	22.28	24.71	22.72
Short-Term Debt	7.96	6.96	5.3	2.88	3.18	3.7
Current Portion of Leases	1.54	1.85	1.08	0.18	-	-
Current Unearned Revenue	2.41	0.71	1.6	1.27	1.59	0.89
Other Current Liabilities	0.01	2.47	2.92	2.97	4.29	4.52
Total Current Liabilities	41.77	42.18	39.12	36.44	46.77	40.54
Long-Term Leases	0.44	1.09	1.29	-	-	-
Other Long-Term Liabilities	0.06	0.09	0.15	0.2	0.26	0.32
Total Liabilities	42.27	43.36	40.55	36.64	47.03	40.86
Common Stock	0.02	0.02	0.02	0.02	0.01	0.01
Additional Paid-In Capital	242.09	241.38	240.14	236.77	230.05	220.29
Retained Earnings	-221.94	-222.01	-226.57	-229.38	-209.52	-163.48
Comprehensive Income & Other	2.29	2.23	2.46	1.88	-0.45	-0.43
Total Common Equity	22.45	21.62	16.05	9.29	20.09	56.39
Shareholders' Equity	22.45	21.62	16.05	9.29	20.09	56.39
Total Liabilities & Equity	64.73	64.98	56.61	45.93	67.13	97.25
Total Debt	9.94	9.9	7.67	3.06	3.18	3.7
Net Cash (Debt)	28.82	30.47	23.32	24.96	18.86	40.01
Net Cash Growth	4.76%	30.68%	-6.59%	32.34%	-52.85%	20.60%
Net Cash Per Share	0.76	0.81	0.63	0.80	0.66	1.54
Filing Date Shares Outstanding	37.72	37.63	37.49	36.98	28.97	28.29
Total Common Shares Outstanding	37.72	37.8	37.45	36.88	28.7	28.21
Working Capital	15.6	13.38	9.89	4.91	2.31	31.4
Book Value Per Share	0.60	0.57	0.43	0.25	0.70	2.00
Tangible Book Value	21.95	21.12	15.4	8.49	19.08	55.36
Tangible Book Value Per Share	0.58	0.56	0.41	0.23	0.66	1.96
Machinery	-	12.24	11.92	11.26	13.37	15.43
Leasehold Improvements	-	0.53	0.53	0.54	0.59	0.56

Updated Aug 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q