Ubiquiti Inc
For the period ended Mar 31, 2024. Filed May 10, 2024.
View on SEC.govAbout this filing
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.
Mar 31, 2024 · Filed May 10, 2024
UI$685.94+0.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Equity (Deficit)
(In thousands, except share data)
| Common Stock · Additional Paid-In Capital · Retained Earnings (Deficit) · Total Stockholders’ Equity (Deficit) | |||||
|---|---|---|---|---|---|
| Shares | Amount | Amount | Amount | Amount | |
| Balance at June 30, 2023 | 60,441,896 | $60 | $4,721 | $(120,514) | $(115,733) |
| Net Income | — | — | — | 87,750 | 87,750 |
| Restricted stock units issued, net of tax withholdings | 5,660 | — | (313) | — | (313) |
| Share-based compensation expense | — | — | 1,500 | — | 1,500 |
| Dividends paid on Common Stock ($0.60 per share) | — | — | — | (36,268) | (36,268) |
| Balance at September 30, 2023 | 60,447,556 | $60 | $5,908 | $(69,032) | $(63,064) |
| Net Income | — | — | — | 82,116 | 82,116 |
| Restricted stock units issued, net of tax withholdings | 731 | — | (11) | — | (11) |
| Share-based compensation expense | — | — | 1,506 | — | 1,506 |
| Dividends paid on Common Stock ($0.60 per share) | — | — | — | (36,269) | (36,269) |
| Balances at December 31, 2023 | 60,448,287 | $60 | $7,403 | $(23,185) | $(15,722) |
| Net Income | — | — | — | 76,290 | 76,290 |
| Restricted stock units issued, net of tax withholdings | 13,118 | — | (82) | — | (82) |
| Share-based compensation expense | — | — | 1,664 | — | 1,664 |
| Dividends Paid on Common Stock ($0.60 per share) | — | — | — | (36,277) | (36,277) |
| Balances at March 31, 2024 | 60,461,405 | $60 | $8,985 | $16,828 | $25,873 |
| Common Stock · Additional Paid-In Capital · Retained Earnings (Deficit) · Accumulated Other Comprehensive Loss · Total Stockholders’ Equity (Deficit) | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Shares · Amount · Amount · Amount · Amount · Amount | |||||||||
| Balance at June 30, 2022 | 60,420,525 | $60 | $650 | $(383,112) | $(474) | $(382,876) | |||
| Net Income | — | — | — | 93,182 | — | 93,182 | |||
| Other comprehensive (loss) | — | — | — | (49) | (49) | ||||
| Stock options exercised | 2,112 | — | 23 | — | — | 23 | |||
| Restricted stock units issued, net of tax withholdings | 6,174 | — | (544) | — | — | (544) | |||
| Share-based compensation expense | — | — | 1,048 | — | — | 1,048 | |||
| Dividends paid on Common Stock ($0.60 per share) | — | — | — | (36,256) | — | (36,256) | |||
| Balance at September 30, 2022 | 60,428,811 | $60 | $1,177 | $(326,186) | $(523) | $(325,472) | |||
| Net Income | — | — | — | 112,205 | — | 112,205 | |||
| Reclassification adjustment for loss on investments included in net income | — | — | — | — | 523 | 523 | |||
| Restricted stock units issued, net of tax withholdings | 2,147 | — | (50) | — | — | (50) | |||
| Share-based compensation expense | — | — | 1,101 | — | — | 1,101 | |||
| Dividends paid on Common Stock ($0.60 per share) | — | — | — | (36,257) | — | (36,257) | |||
| Balances at December 31, 2022 | 60,430,958 | $60 | $2,228 | $(250,238) | $— | $(247,950) | |||
| Net Income | — | — | — | 98,577 | — | 98,577 | |||
| Restricted stock units issued, net of tax withholdings | 10,775 | — | (83) | — | — | (83) | |||
| Share-based compensation expense | — | — | 1,246 | — | — | 1,246 | |||
| Dividends Paid on Common Stock ($0.60 per share) | — | — | — | (36,265) | — | (36,265) | |||
| Balances at March 31, 2023 | 60,441,733 | $60 | $3,391 | $(187,926) | $— | $(184,475) | |||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.