InsiderClue
Stocks · Communication · Communications Services, NEC

uCloudlink Group Inc.

UCL Clue Score57
Cayman Islands Fiscal year ends December CIK 0001775898
$0.27 -3.05% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $0.27 −93.48% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 10 Jun 2020. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2018Revenue126.4Operating income−23.2Net income−26.6Fiscal year 2019Revenue158.4 +25.3%Operating income5.5Net income5.2Fiscal year 2020Revenue89.6 −43.4%Operating income−63.0Net income−63.4 −1,317.9%EPS, diluted−0.25Fiscal year 2021Revenue73.8 −17.6%Operating income−45.9Net income−46.0EPS, diluted−0.16Fiscal year 2022Revenue71.5 −3.2%Operating income−19.2Net income−19.9EPS, diluted−0.06Fiscal year 2023Revenue85.6 +19.8%Operating income2.6Net income2.8EPS, diluted0.01Fiscal year 2024Revenue91.6 +7.1%Operating income4.4Net income4.6 +62.1%EPS, diluted0.01 +0.0%Fiscal year 2025Revenue81.4 −11.1%Operating income8.0Net income6.3 +38.2%EPS, diluted0.02 +100.0%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 126.4 158.4 89.6 73.8 71.5 85.6 91.6 81.4
Growth +25.3% −43.4% −17.6% −3.2% +19.8% +7.1% −11.1%
Operating income −23.2 5.5 −63.0 −45.9 −19.2 2.6 4.4 8.0
Net income −26.6 5.2 −63.4 −46.0 −19.9 2.8 4.6 6.3
Growth −1,317.9% +62.1% +38.2%
EPS, diluted n/a n/a −0.25 −0.16 −0.06 0.01 0.01 0.02
Growth +0.0% +100.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2018Gross margin36.5%Operating margin−18.3%Net margin−21.0%Free cash flow margin−19.0%Fiscal year 2019Gross margin41.0%Operating margin3.5%Net margin3.3%Free cash flow margin1.9%Fiscal year 2020Gross margin31.6%Operating margin−70.3%Net margin−70.8%Free cash flow margin−3.7%Fiscal year 2021Gross margin29.6%Operating margin−62.2%Net margin−62.4%Free cash flow margin−30.5%Fiscal year 2022Gross margin45.5%Operating margin−26.9%Net margin−27.8%Free cash flow margin5.6%Fiscal year 2023Gross margin49.0%Operating margin3.0%Net margin3.3%Free cash flow margin5.2%Fiscal year 2024Gross margin48.4%Operating margin4.8%Net margin5.0%Free cash flow margin5.7%Fiscal year 2025Gross margin52.4%Operating margin9.8%Net margin7.7%Free cash flow margin2.8%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 36.5% 41.0% 31.6% 29.6% 45.5% 49.0% 48.4% 52.4%
Operating margin −18.3% 3.5% −70.3% −62.2% −26.9% 3.0% 4.8% 9.8%
Net margin −21.0% 3.3% −70.8% −62.4% −27.8% 3.3% 5.0% 7.7%
Free cash flow margin −19.0% 1.9% −3.7% −30.5% 5.6% 5.2% 5.7% 2.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2018Operating cash flow−19.5Capital expenditure−4.5Free cash flow−24.0Fiscal year 2019Operating cash flow5.8Capital expenditure−2.8Free cash flow3.0Fiscal year 2020Operating cash flow−2.0Capital expenditure−1.3Free cash flow−3.3 −209.3%Fiscal year 2021Operating cash flow−21.7Capital expenditure−0.8Free cash flow−22.5Fiscal year 2022Operating cash flow4.4Capital expenditure−0.4Free cash flow4.0Fiscal year 2023Operating cash flow6.5Capital expenditure−2.1Free cash flow4.4 +11.2%Fiscal year 2024Operating cash flow9.2Capital expenditure−4.0Free cash flow5.2 +16.8%Fiscal year 2025Operating cash flow3.2Capital expenditure−0.9Free cash flow2.3 −56.0%
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −19.5 5.8 −2.0 −21.7 4.4 6.5 9.2 3.2
Capital expenditure −4.5 −2.8 −1.3 −0.8 −0.4 −2.1 −4.0 −0.9
Free cash flow −24.0 3.0 −3.3 −22.5 4.0 4.4 5.2 2.3
Growth −209.3% +11.2% +16.8% −56.0%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2018Shareholders’ equity16.6Fiscal year 2019Cash37.3Shareholders’ equity19.5Fiscal year 2020Cash22.0Shareholders’ equity56.4Fiscal year 2021Cash7.9Shareholders’ equity20.1Fiscal year 2022Cash14.9Shareholders’ equity9.3Fiscal year 2023Cash23.4Shareholders’ equity16.1Fiscal year 2024Cash30.1Shareholders’ equity21.6Fiscal year 2025Cash32.8Total debt1.7Net cash (debt)31.1Shareholders’ equity28.8Debt to equity0.06
FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash n/a 37.3 22.0 7.9 14.9 23.4 30.1 32.8
Total debt n/a n/a n/a n/a n/a n/a n/a 1.7
Net cash (debt) n/a n/a n/a n/a n/a n/a n/a 31.1
Shareholders’ equity 16.6 19.5 56.4 20.1 9.3 16.1 21.6 28.8
Debt to equity n/a n/a n/a n/a n/a n/a n/a 0.06

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
−19.5 5.8 −2.0 −21.7 4.4 6.5 9.2 3.2
Growth −135.4% +47.8% +41.2% −65.1%
Investment
−4.5 −2.8 −1.3 −0.8 −0.4 −2.1 −4.0 −0.9
calc −24.0 3.0 −3.3 −22.5 4.0 4.4 5.2 2.3
Growth −209.3% +11.2% +16.8% −56.0%
calc n/a n/a −0.01 −0.08 0.01 0.01 0.01 0.01
−4.6 −3.3 −35.4 −0.9 −0.2 −0.2 −3.8 −1.0
Financing
4.4 1.5 26.7 0.7 3.5 2.5 1.7 0.1

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.