Ultralife (ULBI) Financials

The income statement of Ultralife Corp (ULBI) provides a snapshot of the company's financial performance over a specific period. It includes various components such as revenue, gross profit, operating expenses, EBIT (earnings before interest and taxes), and net income. These figures are crucial in assessing the profitability and efficiency of Ultralife Corp's operations. In the latest financial statement, Ultralife Corp reported a total revenue of $89.5 million, representing a 10% increase compared to the previous year. The company's gross profit stood at $27.6 million, with a gross profit margin of 31%. Operating expenses amounted to $21.2 million, resulting in an operating income of $6.4 million or 7.1% of total revenue. After accounting for interest and taxes, Ultralife Corp reported a net income of $4.5 million.

EBITDA (earnings before interest, taxes, depreciation, and amortization) is another important metric that provides a clearer picture of Ultralife Corp's operating performance. It factors in non-cash items and is often used to evaluate a company's cash flow generation potential. Ultralife Corp's EBITDA for the period was $8.1 million, indicating the company's ability to generate substantial cash flow.

Moving on to the balance sheet, Ultralife Corp's total assets were valued at $158.9 million, with notable components including cash equivalents, accounts receivable, inventory, and property, plant, and equipment. The company's total liabilities stood at $65.8 million, comprising accounts payable, accrued expenses, and long-term debt. Ultralife Corp's stockholders' equity amounted to $93.1 million, reflecting the net value of the company as provided by its shareholders.

A key metric related to the balance sheet is net debt, which represents the difference between a company's total debt and its cash and cash equivalents. Ultralife Corp reported a net debt of $9.4 million, indicating its ability to manage its financial obligations effectively. Furthermore, Ultralife Corp's cash flow statement provides insights into the company's liquidity and cash flow patterns. The operating cash flow represents the cash generated from Ultralife Corp's core operations. It stood at $6.7 million, demonstrating the company's ability to generate cash from its day-to-day activities.

The financing cash flow category reflects the cash inflows and outflows related to Ultralife Corp's financial activities, including debt issuances, repayments, and dividend payments. The investing cash flow category encompasses cash flows arising from Ultralife Corp's investments in long-term assets and other related activities. Lastly, free cash flow, which is calculated by subtracting capital expenditures from operating cash flow, provides insights into Ultralife Corp's ability to reinvest in its business and return capital to shareholders.

In conclusion, Ultralife Corp's financials illustrate a positive outlook for the company. With increasing revenue, strong gross profit margins, and a healthy cash flow, Ultralife Corp continues to demonstrate its financial strength and efficiency in the market.