Ultralife Corporation

Ultralife Corporation, which began as a battery company, now offers products and services ranging from portable and standby power solutions to communications and electronics systems. The Battery and Energy Products group offers a complete range of rechargeable and non-rechargeable batteries, chargers, and accesories to both commercial and military customers. Our Communication Systems group offers a complete set of power and amplification products that compliment many of the commercial and military portable radio and communications sets. Ultralife's family of brands includes: Ultralife Batteries, ABLE, McDowell Research, and AMTI. Ultralife's operations are in North America, Europe and Asia. Ultralife was incorporated in 1990 and became a public company in 1992. Our shares trade on the NASDAQ under the symbol ULBI.
Type
Public
HQ
Newark, US
Founded
1990
Size (employees)
552 (est)-20%
Ultralife Corporation was founded in 1990 and is headquartered in Newark, US

Key People at Ultralife Corporation

Michael Popielec

Michael Popielec

President and CEO at Ultralife Corporation
Ronald Nelson, MBA

Ronald Nelson, MBA

Vice President Business Development
Manna Mike

Manna Mike

Vice President of Product Management, Batteries and Energy
Steve Heir

Steve Heir

President, Battery and Energy Products at Ultralife Corporation
Ken Bird

Ken Bird

Vice President of Global Sales - Battery & Energy Products

Ultralife Corporation Office Locations

Ultralife Corporation has an office in Newark
Newark, US (HQ)
2000 Technology Pkwy

Ultralife Corporation Metrics

Ultralife Corporation Financial Metrics

Revenue (2016)

$82.5 m

Revenue growth (2015-16), %

8%

Gross profit

$25.1 m

Gross profit margin (2016), %

30%

Net income (2016)

$3.5 m

Market capitalization (21-Mar-2017)

$83.7 m

Closing share price (21-Mar-2017)

$5.5

Cash (31-Dec-2016)

$10.6 m
Ultralife Corporation's current market capitalization is $83.7 m.
Ultralife Corporation's revenue was reported to be $82.5 m in FY, 2016 which is a 7.9% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$78.8 m$66.5 m$76.4 m$82.5 m

Revenue growth, %

(16%)15%8%

Cost of goods sold

$56.2 m$47.1 m$53.1 m$57.4 m

Gross profit

$22.6 m$19.4 m$23.3 m$25.1 m

Gross profit Margin, %

29%29%31%30%

Operating expense total

$23.2 m$20.8 m$20 m$21.3 m

EBIT

($624 k)($1.4 m)$3.3 m$3.8 m

EBIT margin, %

(1%)(2%)4%5%

Interest expense

$238 k

Interest income

$39 k$13 k$3 k

Pre tax profit

($849 k)($1.8 m)$3.2 m

Income tax expense

$268 k$310 k$98 k

Net Income

($960 k)($2.1 m)$2.8 m$3.5 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$16.1 m$17.7 m$14.4 m$10.6 m

Accounts Receivable

Inventories

$26.1 m$1.3 m$1.9 m$2.1 m

Current Assets

$58.7 m$56.9 m$51.9 m$49.5 m

PP&E

$10.2 m

Goodwill

$16.4 m$16.4 m$16.3 m$20 m

Total Assets

$90.2 m$87.6 m$81.5 m$84.7 m

Accounts Payable

$7.1 m$7 m$6.5 m$7.3 m

Current Liabilities

$12 m$11.2 m$10.8 m$11.3 m

Non-Current Liabilities

$4.5 m

Total Liabilities

$16.5 m

Common Stock

$1.9 m$1.9 m

Additional Paid-in Capital

$174.9 m$175.9 m$177 m$178.2 m

Retained Earnings

($94.8 m)($96.9 m)($94.1 m)($90.5 m)

Total Equity

$73.6 m$71.9 m$66 m$67.9 m

Financial Leverage

1.2 x1.2 x1.2 x1.2 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($960 k)($2.1 m)$2.8 m$3.5 m

Depreciation and Amortization

$2.7 m

Accounts Receivable

$6.7 m$2.9 m($217 k)($667 k)

Inventories

$4.4 m($46 k)$2.1 m$2 m

Accounts Payable

($6.7 m)($2 m)$723 k($1.4 m)

Cash From Operating Activities

$6.9 m$3.7 m$8.6 m$7.7 m

Purchases of PP&E

($766 k)

Cash From Investing Activities

($269 k)($1.4 m)($2.9 m)($11 m)

Interest Paid

$107 k$76 k$150 k$179 k

Income Taxes Paid

$100 k$60 k$52 k$273 k

Ultralife Corporation Market Value History

Ultralife Corporation Online Presence

Ultralife Corporation Company Life

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