How did UCloudlink's revenue and expenses trend in Q4 2024?
5/8/2025 07:27pm
In Q4 2024, UCloudlink saw a notable increase in revenue, reaching $25.96 million, up from the previous quarter's $22.06 million, a growth of approximately 17.6%. However, the company's gross margin decreased slightly to 48.41% compared to the previous quarter's 49.2%. Despite this, UCloudlink managed to maintain its operating, research and development, and administrative expense levels, with no significant changes reported in these areas.
|code|Ticker|Name|Date|R&D Expenses|Gross Profit|Total Revenue|Operating Expenses|market_code|
|---|---|---|---|---|---|---|---|---|
|UCL|UCL.O|UCLOUDLINK|2024 Q1|1477000|1.0003E7|1.8128E7||185|
|UCL|UCL.O|UCLOUDLINK|2024 Q2|1491000|1.0994E7|2.2355E7||185|
|UCL|UCL.O|UCLOUDLINK|2024 Q3|1436000|1.219E7|2.5192E7||185|
|UCL|UCL.O|UCLOUDLINK|2024 Q4|1794000|1.1174E7|2.596E7||185|