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uCloudlink Group Inc. (UCL) 10-Year Financial Performance & Capital Metrics

UCL • • Utilities
Communication ServicesTelecom ServicesCloud Communications & UCaaSBusiness UCaaS Platforms
AboutuCloudlink Group Inc. operates as a mobile data traffic sharing marketplace in the telecommunications industry. It provides uCloudlink 1.0, a model that focuses on cross-border travelers that need mobile data connectivity services in various countries; and operates portable Wi-Fi services under the Roamingman name in China and Malaysia, which provides global mobile data connectivity services, as well as offers GlocalMe portable Wi-Fi terminals and cloud SIM architecture for mobile virtual network operators, mobile network operators (MNOs), and portable Wi-Fi terminal rental companies. The company also offers uCloudlink 2.0, a model that provides mobile data connectivity services to local users through various MNOs; GlocalMe Inside, an implementation solution for smartphones and other smart hardware products, which enables them to access its cloud SIM architecture and SIM card pool; and GlocalMe, a world phone series. In addition, it provides IoT modules with GlocalMe Inside implementation to meet the demand for mobile data from various terminals, as well as provides integrated network solutions to its customers; SIM cards with prepaid data packages; and value-added services, such as advertisement. Further, it's platform-as-a-service/software-as-a-service offers modules, such as customer relationship management, operations and business support system, and SIM card enterprise resource planning and management. The company was incorporated in 2014 and is headquartered in Tsim Sha Tsui, Hong Kong.Show more
  • Revenue $92M +7.1%
  • EBITDA $7M +81.0%
  • Net Income $5M +62.1%
  • Free Cash Flow $5M +16.8%
  • EBITDA Margin 7.33% +69.1%
  • Net Margin 4.97% +51.4%
  • ROE 24.2% +9.1%
  • Interest Coverage 22.37 +15.0%
  • Debt/Equity 0.46 -4.1%
  • Net Debt/EBITDA -3.00 +29.1%
  • CapEx / Revenue 4.36% +80.8%
  • CapEx Coverage 2.30 -27.1%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong interest coverage of 22.4x
  • ✓Share count reduced 89.9% through buybacks
  • ✓Trading at only 0.3x book value

✗Weaknesses

  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-10.37%
3Y7.47%
TTM-2.48%

Profit (Net Income) CAGR

10Y-
5Y-2.63%
3Y-
TTM86.05%

EPS CAGR

10Y-
5Y46.14%
3Y-
TTM1333.63%

ROCE

10Y Avg-49.27%
5Y Avg-66.76%
3Y Avg-29.21%
Latest21.77%

Peer Comparison

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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
CXDOCrexendo, Inc.226.8M7.38132.0214.36%6.57%7.11%2.76%0.04
IDTIDT Corporation1.21B51.3217.052.13%6.52%24.17%8.81%0.01
UCLuCloudlink Group Inc.43.48M1.711.437.08%9.23%24.79%11.93%0.46
RBBNRibbon Communications Inc.496.24M2.81-9.060.91%-4.96%-11.96%5.52%0.95
OOMAOoma, Inc.328.8M11.93-45.888.5%0.85%2.5%6.13%0.19
IQSTiQSTEL Inc.13.25M2.84-86.3296%-2.5%-46.39%0.68

Profit & Loss

Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Revenue+85.84M126.4M158.38M89.57M73.82M71.46M85.58M91.64M
Revenue Growth %-0.47%0.25%-0.43%-0.18%-0.03%0.2%0.07%
Cost of Revenue56.31M80.24M93.46M61.26M51.99M38.93M43.61M47.27M
Gross Profit+29.53M46.16M64.92M28.3M21.83M32.53M41.97M44.36M
Gross Margin %--------
Gross Profit Growth %-0.56%0.41%-0.56%-0.23%0.49%0.29%0.06%
Operating Expenses+47.08M69.28M59.41M91.29M67.74M51.73M39.38M39.98M
Other Operating Expenses--------
EBITDA+-10.44M-17.85M8.55M-60.71M-43.74M-18.21M3.71M6.71M
EBITDA Margin %--------
EBITDA Growth %--0.71%1.48%-8.1%0.28%0.58%1.2%0.81%
Depreciation & Amortization+5.7M5.32M3.04M2.27M2.17M981K1.12M2.33M
D&A / Revenue %--------
Operating Income (EBIT)+-16.14M-23.16M5.51M-62.98M-45.91M-19.19M2.59M4.38M
Operating Margin %--------
Operating Income Growth %--0.44%1.24%-12.43%0.27%0.58%1.13%0.7%
Interest Expense+3.3M3.38M438K285K188K441K133K196K
Interest Coverage-4.89x-6.84x12.58x-220.99x-244.20x-43.52x19.45x22.37x
Interest / Revenue %--------
Non-Operating Income-1000K-1000K-245K-248K113K-500K294K241K
Pretax Income+-19.26M-26.11M5.26M-63.23M-45.8M-19.69M2.88M4.63M
Pretax Margin %--------
Income Tax+03.44M57K185K244K161K70K68K
Effective Tax Rate %--------
Net Income+-19.26M-26.56M5.21M-63.41M-46.04M-19.85M2.81M4.56M
Net Margin %--------
Net Income Growth %--0.38%1.2%-13.18%0.27%0.57%1.14%0.62%
EPS (Diluted)+-1.20-1.020.18-2.40-1.60-0.640.081.20
EPS Growth %-0.15%1.18%-14.33%0.33%0.6%1.12%14.79%
EPS (Basic)-1.20-1.020.18-2.40-1.60-0.640.081.20
Diluted Shares Outstanding16.23M26.15M28.46M25.99M28.6M31.25M37.17M3.76M

Balance Sheet

Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Assets+89.33M80.5M90.1M97.25M67.13M45.93M56.61M64.98M
Asset Growth %--0.1%0.12%0.08%-0.31%-0.32%0.23%0.15%
PP&E (Net)+5.62M4.19M3.79M3.03M1.8M1.39M4.75M6.9M
PP&E / Total Assets %--------
Total Current Assets+83.55M75.7M84.31M71.94M49.09M41.35M49.02M55.56M
Cash & Equivalents49.1M36.46M40.27M21.99M7.87M14.92M23.37M30.06M
Receivables1000K1000K1000K1000K1000K1000K1000K1000K
Inventory4.99M12.02M11.92M5.85M6.13M3.62M2.18M1.31M
Other Current Assets9.57M1.27M3.42M10.37M2.2M1.38M1.53M361K
Long-Term Investments00430K19.13M13.93M1.71M1.96M2.01M
Goodwill00000000
Intangible Assets156K616K602K1.04M1.01M802K652K507K
Other Assets00964K2.12M1.31M688K228K0
Total Liabilities117.93M63.91M47.65M40.86M47.03M36.64M40.55M43.36M
Total Debt+71.02M5.13M6.66M3.7M3.18M3.06M7.67M9.9M
Net Debt21.92M-31.33M-33.62M-18.29M-4.69M-11.86M-15.71M-20.16M
Long-Term Debt70.25M1.77M000000
Short-Term Borrowings768K1000K1000K1000K1000K1000K1000K1000K
Capital Lease Obligations00000184K2.37M2.94M
Total Current Liabilities+29.45M41.7M47.65M40.54M46.77M36.44M39.12M42.18M
Accounts Payable10.29M12.67M16.73M8.7M12.99M6.83M5.31M7.45M
Accrued Expenses10.33M11.95M14.71M18.27M20.74M20.26M21.2M23.23M
Deferred Revenue2.54M3.94M1.93M889K1.57M1.05M1.43M1.13M
Other Current Liabilities5.52M9.71M7.63M8.97M8.29M5.24M4.81M1.56M
Deferred Taxes00000000
Other Liabilities18.23M20.44M0321K262K204K145K87K
Total Equity+-28.6M16.6M42.44M56.39M20.09M9.29M16.05M21.62M
Equity Growth %-1.58%1.56%0.33%-0.64%-0.54%0.73%0.35%
Shareholders Equity-28.6M16.6M42.44M56.39M20.09M9.29M16.05M21.62M
Minority Interest00000000
Common Stock7K11K11K14K14K18K19K19K
Additional Paid-in Capital49.97M121.19M118.82M220.29M230.05M236.77M240.14M241.38M
Retained Earnings-78.72M-105.28M-100.07M-163.48M-209.52M-229.38M-226.57M-222.01M
Accumulated OCI137K674K706K-429K-446K1.88M2.46M2.23M
Return on Assets (ROA)-0.22%-0.31%0.06%-0.68%-0.56%-0.35%0.05%0.07%
Return on Equity (ROE)--1.6%0.18%-1.28%-1.2%-1.35%0.22%0.24%
Debt / Equity-0.31x0.16x0.07x0.16x0.33x0.48x0.46x
Debt / Assets0.8%0.06%0.07%0.04%0.05%0.07%0.14%0.15%
Net Debt / EBITDA---3.93x----4.24x-3.00x
Book Value per Share-1.760.631.492.170.70.30.435.75

Cash Flow

Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-7.22M-19.47M5.76M-2.04M-21.74M4.4M6.51M9.19M
Operating CF Growth %--1.7%1.3%-1.35%-9.67%1.2%0.48%0.41%
Operating CF / Revenue %--------
Net Income-19.26M-26.56M5.21M-63.41M-46.04M-19.85M2.81M4.56M
Depreciation & Amortization5.7M5.32M3.04M2.27M2.17M981K1.12M2.33M
Deferred Taxes-844K1.36M957K00000
Other Non-Cash Items3.3M3.38M438K-1.39M13.33M17.97M3.37M-157K
Working Capital Changes-1.69M-5.26M-4.05M9.89M49K2.21M-4.11M1.22M
Capital Expenditures+-6.67M-5.15M-2.83M-35.44M-879K-425K-2.06M-4M
CapEx / Revenue %--------
CapEx / D&A--------
CapEx Coverage (OCF/CapEx)--------
Cash from Investing+-4.96M-4.57M-3.27M-35.44M-935K-162K-240K-3.76M
Acquisitions383K1.02M190K0-247K266K00
Purchase of Investments0-442K-623K-33.94M-2K-3K00
Sale of Investments1000K0-190K00-266K1000K0
Other Investing383K1.02M190K-252K101K266K300K240K
Cash from Financing+59.43M4.42M1.53M26.68M735K3.54M2.51M1.73M
Dividends Paid00000000
Dividend Payout Ratio %--------
Debt Issuance (Net)1000K01000K-1000K-549K1000K1000K1000K
Stock Issued00029.9M0000
Share Repurchases-8.3M0000000
Other Financing04.42M001.28M-238K49K0
Net Change in Cash+47.68M-20.18M3.65M-10.05M-22.36M7.05M8.45M6.69M
Exchange Rate Effect420K-559K-375K749K-420K-729K-326K-474K
Cash at Beginning9.13M56.81M36.63M40.27M30.23M7.87M14.92M23.37M
Cash at End56.81M36.63M40.27M30.23M7.87M14.92M23.37M30.06M
Free Cash Flow+-13.89M-24.62M2.93M-37.48M-22.62M3.98M4.44M5.19M
FCF Growth %--0.77%1.12%-13.81%0.4%1.18%0.12%0.17%
FCF Margin %--------
FCF / Net Income %--------

Key Ratios

Metric20172018201920202021202220232024
Return on Equity (ROE)--159.99%17.64%-128.32%-120.39%-135.13%22.18%24.2%
EBITDA Margin-12.16%-14.12%5.4%-67.78%-59.26%-25.48%4.33%7.33%
Net Debt / EBITDA---3.93x----4.24x-3.00x
Interest Coverage-4.89x-6.84x12.58x-220.99x-244.20x-43.52x19.45x22.37x
CapEx / Revenue7.77%4.07%1.79%39.57%1.07%0.59%2.41%4.36%
Debt / Equity-0.31x0.16x0.07x0.16x0.33x0.48x0.46x
EPS Growth-15%117.65%-1433.33%33.33%60%111.87%1478.95%

Revenue by Segment

20202021202220232024
Others Member---1.4M1.07M
Others Member Growth-----23.57%
Revenues From Services46.15M37.8M---
Revenues From Services Growth--18.10%---
Sales Of Products43.42M36.03M---
Sales Of Products Growth--17.03%---

Revenue by Geography

20202021202220232024
JAPAN47.56M35.88M-37.12M43.41M
JAPAN Growth--24.56%--16.94%
CHINA9.63M--11.16M22.02M
CHINA Growth----97.41%
North America23.51M24.18M27.18M24.07M12.67M
North America Growth-2.85%12.41%-11.44%-47.36%
Europe1.71M1.84M3.36M4.21M4.15M
Europe Growth-8.15%82.17%25.17%-1.45%
HONG KONG2.77M2.2M-1.66M2.05M
HONG KONG Growth--20.64%--23.61%
TAIWAN---868K1.58M
TAIWAN Growth----82.26%
Southeast Asia2.5M4.17M---
Southeast Asia Growth-67.25%---
Mainland China-3.84M---
Mainland China Growth-----
Others1.25M1.46M---
Others Growth-16.28%---
TAIWAN, PROVINCE OF CHINA635K242K---
TAIWAN, PROVINCE OF CHINA Growth--61.89%---

Frequently Asked Questions

Valuation & Price

uCloudlink Group Inc. (UCL) has a price-to-earnings (P/E) ratio of 1.4x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

uCloudlink Group Inc. (UCL) reported $85.2M in revenue for fiscal year 2024. This represents a 1% decrease from $85.8M in 2017.

uCloudlink Group Inc. (UCL) grew revenue by 7.1% over the past year. This is steady growth.

Yes, uCloudlink Group Inc. (UCL) is profitable, generating $7.9M in net income for fiscal year 2024 (5.0% net margin).

Dividend & Returns

uCloudlink Group Inc. (UCL) has a return on equity (ROE) of 24.2%. This is excellent, indicating efficient use of shareholder capital.

uCloudlink Group Inc. (UCL) had negative free cash flow of $5.5M in fiscal year 2024, likely due to heavy capital investments.

Industry Metrics

uCloudlink Group Inc. (UCL) has a dividend payout ratio of 0%. This suggests the dividend is well-covered and sustainable.

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