# uCloudlink Group Inc.: Form 20-F for the period ended Dec 31, 2020

- Company: [uCloudlink Group Inc.](/companies/ucl.md) (CIK 1775898)
- Form: 20-F
- Filed: 2021-04-23
- Accepted by EDGAR: Apr 23, 2021, 06:50 ET
- Period: 2020-12-31
- Accession: 0001564590-21-020207
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1775898/000156459021020207/ucl-20f_20201231.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1775898/000156459021020207/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2020-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2020-01-01 to 2020-12-31 | $89.6m | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 12 months, 2020-01-01 to 2020-12-31 | $61.3m | us-gaap:CostOfGoodsAndServicesSold |
| Gross profit | 12 months, 2020-01-01 to 2020-12-31 | $28.3m | us-gaap:GrossProfit |
| Research and development | 12 months, 2020-01-01 to 2020-12-31 | $26.4m | us-gaap:ResearchAndDevelopmentExpense |
| Operating income | 12 months, 2020-01-01 to 2020-12-31 | −$63.0m | us-gaap:OperatingIncomeLoss |
| Interest expense | 12 months, 2020-01-01 to 2020-12-31 | $285.0k | us-gaap:InterestExpense |
| Income tax | 12 months, 2020-01-01 to 2020-12-31 | $185.0k | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months, 2020-01-01 to 2020-12-31 | −$63.4m | us-gaap:NetIncomeLoss |
| Operating cash flow | 12 months, 2020-01-01 to 2020-12-31 | −$2.0m | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months, 2020-01-01 to 2020-12-31 | $1.3m | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Cash and equivalents | at 2020-12-31 | $22.0m | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2020-12-31 | $71.9m | us-gaap:AssetsCurrent |
| Total assets | at 2020-12-31 | $97.3m | us-gaap:Assets |
| Current liabilities | at 2020-12-31 | $40.5m | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2020-12-31 | $40.9m | us-gaap:Liabilities |
| Short-term borrowings | at 2020-12-31 | $3.7m | us-gaap:ShortTermBorrowings |
| Shareholders' equity | at 2020-12-31 | $56.4m | 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/1775898/000156459021020207/ucl-20f_20201231.htm

Filed Apr 23, 2021.
Source: SEC EDGAR, the filing index for accession 0001564590-21-020207. Last ingested by Listed: Oct 29, 2026, 06:05 ET. No prices; not investment advice.