Ubiquiti Inc
For the period ended Jun 30, 2024. Filed Aug 23, 2024.
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FY2024 · Filed Aug 23, 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)
| June 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $126,342 | $114,826 |
| Investments — short-term | — | 109 |
| Accounts receivable, net of allowance for doubtful accounts of $498 and $92 at June 30, 2024 and 2023 respectively | 169,147 | 167,787 |
| Inventories | 462,032 | 737,121 |
| Vendor deposits | 123,461 | 125,227 |
| Prepaid expenses and other current assets | 35,031 | 21,974 |
| Total current assets | 916,013 | 1,167,044 |
| Property and equipment, net | 81,126 | 86,845 |
| Operating lease right-of-use assets, net | 47,768 | 57,485 |
| Deferred tax assets | 35,934 | 23,701 |
| Other long-term assets | 73,571 | 71,324 |
| Total assets | $1,154,412 | $1,406,399 |
| Liabilities and Stockholders’ Equity (Deficit) | ||
| Current liabilities: | ||
| Accounts payable | $51,095 | $154,157 |
| Income taxes payable | 23,475 | 19,309 |
| Debt — short-term | 36,508 | 36,508 |
| Other current liabilities | 173,713 | 141,845 |
| Total current liabilities | 284,791 | 351,819 |
| Income taxes payable — long-term | 53,599 | 74,880 |
| Operating lease liabilities — long-term | 37,176 | 46,052 |
| Debt — long-term | 669,878 | 1,041,381 |
| Deferred tax liability — long-term | 492 | 226 |
| Other long-term liabilities | 13,416 | 7,774 |
| Total liabilities | 1,059,352 | 1,522,132 |
| Commitments and contingencies (Note 9) | ||
| Stockholders’ equity (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: | ||
| 60,462,539 and 60,441,896 issued and outstanding at June 30, 2024 and 2023, respectively | 60 | 60 |
| Additional paid–in capital | 10,645 | 4,721 |
| Retained earnings (deficit) | 84,355 | (120,514) |
| Total stockholders’ equity (deficit) | 95,060 | (115,733) |
| Total liabilities and stockholders’ equity (deficit) | $1,154,412 | $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.