Ultralife (ULBI)

Ultralife Corporation serves its markets with products and services ranging from power solutions to communications and electronics systems. Through its engineering and collaborative approach to problem solving, Ultralife serves government, defense and commercial customers across the globe.

Company profile

Ticker

ULBI

Exchange

NASDAQ

Website

ultralifecorporation.com

CEO

Michael Popielec

Incorporated

Delaware

Location

New York

Fiscal year end

Dec 31

Sector

Manufacturing > Primary Battery Manufacturing

Industry (SIC)

Miscellaneous Electrical Machinery, Equipment & Supplies

Spectrum Brands • SB/RH • Enersys • Sunrun • Energizer • Atkore • Integer • Fluence Energy • CBAK Energy Technology • Novanta ...

Former names

ULTRALIFE BATTERIES INC

SEC CIK

0000875657

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

We have a 100% ownership interest in Ultralife Batteries (UK) LTD • We have a 100% ownership interest in ABLE New Energy Co., Limited • We have a 100% ownership interest in Ultralife Energy Services Corporation • We have a 51% ownership interest in Ultralife Batteries India Private Limited • Through our ownership interest in Ultralife UK LTD • We have 100% ownership interest in Ultralife Excell Holding Corp. ...

IRS number

161387013

ULBI stock data

1M 1Y 5Y

News

From Benzinga Pro

Looking Into Ultralife's Return On Invested Capital

5 Aug 22

According to Benzinga Pro, during Q2, Ultralife (NASDAQ:ULBI) earned $508 thousand, a 415.53% increase from the preceding quarter. Ultralife also posted a total of $32.13 million in sales, a 5.77% increase since Q1.

Ultralife: Q2 Earnings Insights

28 Jul 22

Ultralife (NASDAQ:ULBI) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Ultralife Q2 EPS $0.03 Beats $0.01 Estimate, Sales $32.10M Beat $31.50M Estimate

28 Jul 22

Ultralife (NASDAQ:ULBI) reported quarterly earnings of $0.03 per share which beat the analyst consensus estimate of $0.01 by 200 percent. This is a 50 percent decrease over earnings of $0.06 per share from the same

Earnings Scheduled For July 28, 2022

28 Jul 22

10 Industrials Stocks Moving In Wednesday's Pre-Market Session

27 Jul 22

Press releases

From Benzinga Pro

Ultralife Corporation Reports Second Quarter Results

28 Jul 22

NEWARK, N.Y., July 28, 2022 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ:ULBI) reported operating income of $0.8 million and Adjusted EBITDA of $2.2 million on revenue of $32.1 million for the second quarter ended

Ultralife Corporation Awarded $4.6 Million Communications Systems Vehicle Amplifier-Adaptor Order

26 Jul 22

NEWARK, N.Y., July 26, 2022 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ:ULBI) has been awarded a purchase order valued at approximately $4.6 million to supply its Vehicle Amplifier-Adaptors ("VAA") to a global

Ultralife Corporation to Report Second Quarter Results on July 28, 2022

14 Jul 22

NEWARK, N.Y., July 14, 2022 (GLOBE NEWSWIRE) -- Ultralife Corporation (NASDAQ:ULBI) will report its second quarter results for the period ended June 30, 2022, before the market opens on Thursday, July 28, 2022.

Calendar

28 Jul 22

12 Aug 22

31 Dec 22

Financial summary

Financial statements Chart ULBI financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	5.11M	5.11M	5.11M	5.11M	5.11M	5.11M
Cash burn (monthly)	312K	892.83K	(no burn)	144.75K	59.33K	502.5K
Cash used (since last report)	448.18K	1.28M	n/a	207.93K	85.23K	721.83K
Cash remaining	4.67M	3.83M	n/a	4.91M	5.03M	4.39M
Runway (months of cash)	15.0	4.3	n/a	33.9	84.8	8.7

Beta Read what these cash burn values mean

Financial data from Ultralife earnings reports.

Recent insider trades

ULBI insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
4 Aug 22	Whitmore Bradford T	Common Stock	Buy	Acquire P	No	No	4.7253	40,052	189.26K	840,353
3 Aug 22	Whitmore Bradford T	Common Stock	Buy	Acquire P	No	No	4.6849	29,100	136.33K	800,301
2 Aug 22	Whitmore Bradford T	Common Stock	Buy	Acquire P	No	No	4.5999	30,848	141.9K	771,201
8 Jun 22	Whitmore Bradford T	Common Stock	Buy	Acquire P	No	No	5.1989	30,690	159.55K	740,353
6 Jun 22	Whitmore Bradford T	Common Stock	Buy	Acquire P	No	No	4.8614	12,280	59.7K	709,663
3 May 22	Thomas Louis Saeli	Common Stock; $.10 par value	Buy	Acquire P	No	No	4.885	10,000	48.85K	70,446
2 Mar 22	Philip A Fain	Common Stock; $.10 par value	Option exercise	Acquire M	No	No	3.7103	8,500	31.54K	128,500
2 Mar 22	Philip A Fain	Stock Options Common Stock	Option exercise	Acquire M	No	No	3.7103	30,000	111.31K	0
28 Feb 22	Whitmore Bradford T	Common Stock	Buy	Acquire P	No	No	5.22	30	156.6	697,383
25 Feb 22	Whitmore Bradford T	Common Stock	Buy	Acquire P	No	No	5.14	100	514	697,353

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

ULBI institutional ownership history Ownership history

33.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	33	33	–
Opened positions	3	5	-40.0%
Closed positions	3	14	-78.6%
Increased positions	7	7	–
Reduced positions	14	11	+27.3%

13F shares	Current	Prev Q	Change
Total value	49.03M	56.29M	-12.9%
Total shares	8.95M	9.14M	-2.1%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Whitmore Bradford T	4.45M	$23.6M	0.0%
Dimensional Fund Advisors	1.03M	$5.54M	-3.6%
Visionary Wealth Advisors	958.52K	$5.15M	+6.3%
Janney Montgomery Scott	456.1K	$2.45M	-0.5%
Vanguard	456.04K	$2.45M	-0.6%
Monarch Partners Asset Management	410.87K	$2.21M	0.0%
Bridgeway Capital Management	209K	$1.12M	+68.5%
Renaissance Technologies	191.35K	$1.03M	-25.3%
TETAA Teton Advisors	189K	$1.02M	0.0%
BLK Blackrock	152.12K	$817K	-0.8%

Largest transactions	Shares	Bought/sold	Change
Victory Capital Management	14.1K	-290.97K	-95.4%
MS Morgan Stanley	123.39K	+122.25K	+10667.1%
Bridgeway Capital Management	209K	+85K	+68.5%
Renaissance Technologies	191.35K	-64.75K	-25.3%
Visionary Wealth Advisors	958.52K	+56.98K	+6.3%
Dimensional Fund Advisors	1.03M	-38.25K	-3.6%
Geode Capital Management	139.57K	-20.88K	-13.0%
Two Sigma Investments	0	-19.52K	EXIT
BK Bank Of New York Mellon	17.78K	-11.9K	-40.1%
Annex Advisory Services	21.3K	+6.56K	+44.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.