Ultralife Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1995
Revenue	158.64	131.84	98.27	107.71	106.8	Upgrade
Revenue Growth (YoY)	20.33%	34.17%	-8.77%	0.86%	22.49%	Upgrade
Cost of Revenue	119.44	102.44	73.63	78.55	75.63	Upgrade
Gross Profit	39.2	29.4	24.64	29.16	31.17	Upgrade
Selling, General & Admin	22.19	22.19	17.78	17.51	16.99	Upgrade
Research & Development	7.53	7.08	6.83	5.95	6.81	Upgrade
Operating Expenses	29.73	29.27	24.61	23.46	23.8	Upgrade
Operating Income	9.48	0.13	0.04	5.7	7.37	Upgrade
Interest Expense / Income	2.02	0.95	0.24	0.44	0.54	Upgrade
Other Expense / Income	-1.69	-0.38	-0.05	-1.66	0.17	Upgrade
Pretax Income	9.15	-0.45	-0.16	6.92	6.66	Upgrade
Income Tax	1.95	-0.33	0.08	1.69	1.46	Upgrade
Net Income	7.2	-0.12	-0.23	5.23	5.21	Upgrade
Net Income Growth	-	-	-	0.52%	-79.12%	Upgrade
Shares Outstanding (Basic)	16	16	16	16	16	Upgrade
Shares Outstanding (Diluted)	16	16	16	16	16	Upgrade
Shares Change	0.63%	0.55%	-0.37%	-0.51%	-1.03%	Upgrade
EPS (Basic)	0.44	-0.01	-0.01	0.33	0.33	Upgrade
EPS (Diluted)	0.44	-0.01	-0.01	0.33	0.32	Upgrade
EPS Growth	-	-	-	3.13%	-79.08%	Upgrade
Free Cash Flow	-0.62	-2.94	1.51	18.74	-9.25	Upgrade
Free Cash Flow Per Share	-0.04	-0.18	0.09	1.18	-0.59	Upgrade
Gross Margin	24.71%	22.30%	25.08%	27.07%	29.18%	Upgrade
Operating Margin	5.97%	0.10%	0.04%	5.29%	6.90%	Upgrade
Profit Margin	4.54%	-0.09%	-0.24%	4.86%	4.87%	Upgrade
Free Cash Flow Margin	-0.39%	-2.23%	1.54%	17.40%	-8.66%	Upgrade
Effective Tax Rate	21.33%	-	-	24.44%	21.87%	Upgrade
EBITDA	15.08	4.97	3.63	10.3	9.95	Upgrade
EBITDA Margin	9.50%	3.77%	3.69%	9.56%	9.31%	Upgrade
Depreciation & Amortization	3.91	4.46	3.54	2.94	2.75	Upgrade
EBIT	11.16	0.51	0.09	7.36	7.2	Upgrade
EBIT Margin	7.04%	0.38%	0.09%	6.83%	6.74%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).