# uCloudlink Group Inc.: Form 20-F for the period ended Dec 31, 2022

- Company: [uCloudlink Group Inc.](/companies/ucl.md) (CIK 1775898)
- Form: 20-F
- Filed: 2023-03-29
- Accepted by EDGAR: Mar 29, 2023, 08:51 ET
- Period: 2022-12-31
- Accession: 0001213900-23-023866
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1775898/000121390023023866/f20f2022_ucloudlink.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1775898/000121390023023866/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2022-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2022-01-01 to 2022-12-31 | $71.5m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Gross profit | 12 months, 2022-01-01 to 2022-12-31 | $32.5m | us-gaap:GrossProfit |
| Research and development | 12 months, 2022-01-01 to 2022-12-31 | $8.4m | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 12 months, 2022-01-01 to 2022-12-31 | −$19.2m | us-gaap:OperatingIncomeLoss |
| Interest expense | 12 months, 2022-01-01 to 2022-12-31 | $441.0k | us-gaap:InterestExpense |
| Income tax | 12 months, 2022-01-01 to 2022-12-31 | $161.0k | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months, 2022-01-01 to 2022-12-31 | −$19.9m | us-gaap:NetIncomeLoss |
| Diluted EPS | 12 months, 2022-01-01 to 2022-12-31 | −$0.06 | us-gaap:EarningsPerShareDiluted |
| Basic EPS | 12 months, 2022-01-01 to 2022-12-31 | −$0.06 | us-gaap:EarningsPerShareBasic |
| Diluted shares (weighted) | 12 months, 2022-01-01 to 2022-12-31 | 312,485,140 shares | us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding |
| Operating cash flow | 12 months, 2022-01-01 to 2022-12-31 | $4.4m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months, 2022-01-01 to 2022-12-31 | $411.0k | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Cash and equivalents | at 2022-12-31 | $14.9m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2022-12-31 | $41.3m | us-gaap:AssetsCurrent |
| Total assets | at 2022-12-31 | $45.9m | us-gaap:Assets |
| Current liabilities | at 2022-12-31 | $36.4m | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2022-12-31 | $36.6m | us-gaap:Liabilities |
| Short-term borrowings | at 2022-12-31 | $2.9m | us-gaap:ShortTermBorrowings |
| Shareholders' equity | at 2022-12-31 | $9.3m | us-gaap:StockholdersEquity |

## Sections

Sections are extracted only from 10-K and 10-Q reports. Read this filing’s documents on sec.gov. https://www.sec.gov/Archives/edgar/data/1775898/000121390023023866/f20f2022_ucloudlink.htm

Filed Mar 29, 2023.
Source: SEC EDGAR, the filing index for accession 0001213900-23-023866. Last ingested by Listed: Oct 29, 2026, 06:05 ET. No prices; not investment advice.