UBIQUITI INC. - 8-K - 20240823 - INCOME_STATEMENT
Financial Highlights ($, in millions, except per share data)
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| Income statement highlights | | F4Q24 | | F3Q24 | | F4Q23 |
| Revenues | | 507.5 | | 493.0 | | 491.1 |
| Enterprise Technology | | 431.7 | | 414.3 | | 404.1 |
| Service Provider Technology | | 75.7 | | 78.7 | | 87.0 |
| Gross profit | | 204.1 | | 174.1 | | 203.3 |
| Gross Profit (%) | | 40.2% | | 35.3% | | 41.4% |
| Total Operating Expenses | | 65.8 | | 62.9 | | 59.5 |
| Income from Operations | | 138.4 | | 111.2 | | 143.9 |
| GAAP Net Income | | 103.8 | | 76.3 | | 103.7 |
| GAAP EPS (diluted) | | 1.72 | | 1.26 | | 1.72 |
| Non-GAAP Net Income | | 105.1 | | 77.6 | | 104.7 |
| Non-GAAP EPS (diluted) | | 1.74 | | 1.28 | | 1.73 |
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Ubiquiti Inc. Revenues by Product Type (In thousands) (Unaudited) | | | | |
| | | Three Months Ended June 30, | | Twelve Months Ended June 30, |
| | | 2024 | | 2023 | | 2024(1) | | 2023(1) |
| Enterprise Technology | | $ | 431,733 | | | $ | 404,148 | | | $ | 1,617,665 | | | $ | 1,621,426 | |
| Service Provider Technology | | 75,728 | | | 86,937 | | | 310,825 | | | 319,086 | |
| Total revenues | | $ | 507,461 | | | $ | 491,085 | | | $ | 1,928,490 | | | $ | 1,940,512 | |
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Ubiquiti Inc. Revenues by Geographical Area (In thousands) (Unaudited) | | | | |
| | | Three Months Ended June 30, | | Twelve Months Ended June 30, |
| | | 2024 | | 2023 | | 2024(1) | | 2023(1) |
| North America | | $ | 253,274 | | | $ | 238,323 | | | $ | 946,428 | | | $ | 922,230 | |
| Europe, the Middle East and Africa | | 194,102 | | | 190,904 | | | 740,113 | | | 759,405 | |
| Asia Pacific | | 32,087 | | | 32,343 | | | 127,901 | | | 148,502 | |
| South America | | 27,998 | | | 29,515 | | | 114,048 | | | 110,375 | |
| Total revenues | | $ | 507,461 | | | $ | 491,085 | | | $ | 1,928,490 | | | $ | 1,940,512 | |