Ubiquiti Inc
For the period ended Dec 31, 2023. Filed Feb 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Dec 31, 2023 · Filed Feb 9, 2024
UI$685.94+0.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In thousands, except share and per share data)
| December 31, 2023 | June 30, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $97,601 | $114,826 |
| Investments — short-term | 61 | 109 |
| Accounts receivable, net of allowance for doubtful accounts of $225 and $92 at December 31, 2023 and June 30, 2023, respectively | 171,417 | 167,787 |
| Inventories | 683,593 | 737,121 |
| Vendor deposits | 134,496 | 125,227 |
| Prepaid expenses and other current assets | 18,565 | 21,974 |
| Total current assets | 1,105,733 | 1,167,044 |
| Property and equipment, net | 84,486 | 86,845 |
| Operating lease right-of-use assets, net | 50,953 | 57,485 |
| Deferred tax assets | 23,459 | 23,701 |
| Other long-term assets | 70,282 | 71,324 |
| Total assets | $1,334,913 | $1,406,399 |
| Liabilities and Stockholders’ Deficit | ||
| Current liabilities: | ||
| Accounts payable | $92,297 | $154,157 |
| Income taxes payable | 9,765 | 19,309 |
| Debt — short-term | 36,508 | 36,508 |
| Other current liabilities | 149,217 | 141,845 |
| Total current liabilities | 287,787 | 351,819 |
| Income taxes payable — long-term | 55,091 | 74,880 |
| Operating lease liabilities — long-term | 39,657 | 46,052 |
| Debt — long-term | 958,132 | 1,041,381 |
| Deferred tax liability — long-term | 226 | 226 |
| Other long-term liabilities | 9,742 | 7,774 |
| Total liabilities | 1,350,635 | 1,522,132 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ deficit: | ||
| Preferred stock—$0.001 par value; 50,000,000 shares authorized; none issued | — | — |
| Common stock—$0.001 par value; 500,000,000 shares authorized: | ||
| 60,448,287 and 60,441,896 issued and outstanding as of December 31, 2023 and June 30, 2023, respectively | 60 | 60 |
| Additional paid–in capital | 7,403 | 4,721 |
| Accumulated deficit | (23,185) | (120,514) |
| Total stockholders’ (deficit) | (15,722) | (115,733) |
| Total liabilities and stockholders’ deficit | $1,334,913 | $1,406,399 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.