Ubiquiti inc. (UBNT)
Income statement / Yearly
Jun'19Jun'18Jun'17Jun'16Jun'15Jun'14Jun'13Jun'12Jun'11Jun'10
Revenues

1,161,733

1,016,861

865,268

666,395

595,947

572,464

320,823

353,517

197,874

136,952

Cost of revenues

624,129

573,289

469,560

341,600

333,760

318,997

185,489

202,514

117,062

82,404

Gross profit

537,604

443,572

395,708

324,795

262,187

253,467

135,334

151,003

80,812

54,548

Operating expenses:
Research and development

82,070

74,324

69,094

57,765

54,565

33,962

20,955

16,699

11,374

31,704

Sales, general and administrative

43,237

43,121

36,853

33,269

21,607

23,560

21,775

9,012

7,358

18,162

Litigation settlement

18,000

0

0

-

-

-

-

-

-

-

Business e-mail compromise (BEC) fraud (recovery)

-

-

-

-8,294

39,137

0

0

-

-

-

Total operating expenses

143,307

117,445

105,947

82,740

115,309

57,522

42,730

25,711

18,732

49,866

Income from operations

394,297

326,127

289,761

242,055

146,878

195,945

92,604

125,292

62,080

4,682

Interest expense and other, net

-12,808

-11,985

-4,737

-2,115

-1,130

-1,334

-851

-1,269

79

581

Income before income taxes

381,489

314,142

285,024

239,940

145,748

194,611

91,753

124,023

62,159

5,263

Provisions for income taxes

58,795

117,852

27,518

26,324

16,085

17,674

11,263

21,434

12,432

10,719

Net income

322,694

196,290

257,506

213,616

129,663

176,937

80,490

102,589

49,727

-5,456

Preferred stock cumulative dividend and accretion of cost of preferred stock

-

-

-

-

-

-

-

112,431

42,068

1,436

Less allocation of net income to participating preferred stockholders

-

-

-

-

-

-

-

-

2,784

-

Net income (loss) attributable to common stockholders

-

-

-

-

-

-

-

-9,842

4,875

-6,892

Undistributed earnings re-allocated to common stockholders

-

-

-

-

-

-

-

-

103

-

Net income (loss) attributable to common stockholdersdiluted

-

-

-

-

-

-

-

-

4,978

-6,892

Net income per share of common stock:
Basic (in usd per share)

4.52

2.54

3.16

2.53

1.47

2.02

0.91

-0.12

0.08

-0.08

Diluted (in usd per share)

4.51

2.51

3.09

2.49

1.45

1.97

0.89

-0.12

0.07

-0.08

Weighted average shares used in computing net income per share of common stock:
Basic (in shares)

71,435

77,179

81,478

84,402

88,008

87,772

88,314

83,460

63,092

88,972

Diluted (in shares)

71,602

78,331

83,252

85,784

89,569

89,715

90,259

83,460

66,907

88,972

Other comprehensive income:
Unrealized (losses) gains on available-for-sale securities

400

0

0

-

-

-

-

-

-

-

Other comprehensive (loss) gains

393

0

0

-

-

-

-

-

-

-

Comprehensive income

323,087

196,290

257,506

-

-

-

-

-

-

-

Cash dividends declared per common share (in dollars per share)

-

-

-

-

0.17

0.00

0.18

0.00

0.00

-