ulbi: the income statement

MyFinsight

ULTRALIFE CORP (ULBI)

For the quarter ending 2025-06-30, ULBI made $48,561K in revenue. $1,754K in net income. Net profit margin of 3.61%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Revenues	48,561	50,746	35,694	42,983
Cost of products sold	36,960	38,001	27,012	31,420
Gross profit	11,601	12,745	8,682	11,563
Selling, general and administrative	7,027	6,942	6,070	5,649
Research and development	2,318	2,404	2,101	1,997
Total operating expenses	9,345	9,346	8,171	7,646
Operating income	2,256	3,399	511	3,917
Miscellaneous expense (income)	-151	79	15	347
Interest and financing expense	992	1,032	173	418
Total other expense	-1,143	-953	-158	-71
Income before income taxes	1,113	2,446	353	3,846
Income tax provision	243	567	74	853
Net income	870	1,879	279	2,993
Net income (loss) attributable to non-controlling interest	-9	14	21	24
Net income attributable to ultralife corporation	879	1,865	258	2,969
Foreign currency translation adjustments	875	311	811	-
Comprehensive income attributable to ultralife corporation	1,754	2,176	1,069	2,969

Net income per share attributable to ultralife common stockholders basic (in dollars per share)	0.05	0.02	0.02	0.21
Net income per share attributable to ultralife common stockholders diluted (in dollars per share)	0.05	0.02	0.02	0.21
Us-gaap_weightedaveragenumberofdilutedsharesoutstanding	16,656,000	16,680,000	16,874,000	16,825,000
Weighted average shares outstanding basic (in shares)	16,635,000	16,633,000	16,625,000	16,568,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS)