Sector: Technology | Industry: Communications & Networking |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 685 3rd Ave Fl 27 NEW YORK NY 10017-4024 |
Tel: | N/A |
Website: | https://www.ui.com |
IR: | See website |
Key People | ||
Robert J. Pera Chairman of the Board, Chief Executive Officer, Founder | Kevin Radigan Chief Accounting and Finance Officer |
Business Overview |
Ubiquiti Inc. is engaged in developing technology platforms for distributed Internet access, unified information technology, and consumer electronics for professional, home and personal use. Its solutions are categorized into three categories: networking technology for enterprises, service providers and consumers. It targets the enterprise and service provider markets through its community of service providers, distributors, webstores and systems integrators. Its enterprise product platforms provide wireless LAN infrastructure, video surveillance products and routing solutions. It offers a portfolio of networking products and solutions for operator-owners of wireless Internet services, enterprises and smart homes. Its professional networking products are powered by its UISP and UniFi software platforms. It sells equipment, and provide related software platforms, worldwide through a network of over 100 distributors, on-line retailers and direct to customers through its webstores. |
Financial Overview |
For the six months ended 31 December 2023, Ubiquiti Inc revenues decreased 6% to $928M. Net income decreased 17% to $169.9M. Revenues reflect Enterprise Technology segment decrease of 9% to $771.6M, Europe/Africa/Middle East segment decrease of 13% to $345.3M, Asia segment decrease of 22% to $69.4M. Net income also reflects Interest expense and other, net increase of 80% to $39.5M (expense). |
Employees: | 1,535 as of Jun 30, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $7,473M as of Dec 31, 2023 |
Annual revenue (TTM): | $1,877M as of Dec 31, 2023 |
EBITDA (TTM): | $545.10M as of Dec 31, 2023 |
Net annual income (TTM): | $372.12M as of Dec 31, 2023 |
Free cash flow (TTM): | -$160.91M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $896.98M as of Dec 31, 2023 |
Shares outstanding: | 60,461,192 as of Feb 8, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |