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Ubiquiti Inc. (UBNT)

Income Statement Business | Geographic | Customer | Operational

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Jun-30-22Jun-30-21Jun-30-20Jun-30-19Jun-05-19Jun-30-18Jun-05-18
   10-K10-K10-K10-K10-K8-K10-K8-K
Revenues:  
    Enterprise Technology  1,621.41,316.71,274.9842.5733.2 570.3 
    Service Provider Technology  319.1375.0623.2442.0428.5 446.6 
Total revenues  1,940.51,691.71,898.11,284.51,161.71,161.71,016.91,016.9
            Revenue growth   [+]14.7%-10.9%47.8%10.6%14.2%14.2%17.5% 
Cost of goods sold  1,179.81,021.9985.8676.3624.1624.1573.3573.3
Gross profit  760.7669.8912.3608.2537.6537.6443.6443.6
            Gross margin  39.2%39.6%48.1%47.3%46.3%46.3%43.6%43.6%
Selling, general and administrative  71.069.953.540.643.243.243.143.1
Research and development  145.2137.7116.289.482.182.174.374.3
EBITDA   [+]560.9476.0754.7485.9419.9 333.4333.4
            EBITDA margin  28.9%28.1%39.8%37.8%36.1%35.5%32.8%32.8%
Depreciation and amortization  16.313.712.17.77.6 7.37.3
EBIT   [+]544.6462.3742.6478.2412.3412.3326.1326.1
            EBIT margin  28.1%27.3%39.1%37.2%35.5%35.5%32.1%32.1%
Non-recurring items   [+]    18.018.0  
Other income (expense), net  -58.2-17.8-14.9-28.0-12.8-12.8-12.0-12.0
Pre-tax income  486.3444.4727.7450.2381.5381.5314.1314.1
Income taxes  78.765.8111.169.958.858.8117.9117.9
            Tax rate  16.2%14.8%15.3%15.5%15.4%15.4%37.5%37.5%
Net income  407.6378.7616.6380.3322.7322.7196.3196.3
            Net margin  21.0%22.4%32.5%29.6%27.8%27.8%19.3%19.3%
   
Basic EPS   [+]$6.75$6.14$9.79$5.81$4.52$4.52$2.54$2.54
Diluted EPS   [+]$6.74$6.13$9.78$5.80$4.51$4.51$2.51$2.51
   
Dividends per share   [+]$2.40$2.40$1.60$1.20$1.00   
   
Shares outstanding (basic)   [+]60.461.763.065.471.471.477.277.2
Shares outstanding (diluted)   [+]60.561.763.165.571.671.678.378.3
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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