Trade Ubiquiti Inc - UI CFD

Ubiquiti Inc. Company profile

About Ubiquiti Inc

Ubiquiti Inc. is engaged in selling equipment, and providing related software platforms, through a network of over distributors, online retailers and direct to customers through its webstores. The Company develops technology platforms for high-capacity distributed Internet access, unified information technology, and consumer electronics for professional, home and personal use. The Company categorizes its solutions in to three main categories: service providers, enterprises and consumers. Its service provider product platforms provide carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems and routing. Its enterprise product platforms provide wireless local area network (WLAN) infrastructure, video surveillance products, switching and routing solutions, security gateways, and other complimentary WLAN products. Its consumer products, sold under the Ubiquiti Labs brand name, are targeted at smart home and connected consumers.

Financial summary

BRIEF: For the six months ended 31 December 2021, Ubiquiti Inc revenues decreased 7% to $890.5M. Net income decreased 25% to $235.8M. Revenues reflect Service Provider Technology segment decrease of 31% to $213.3M, Europe/Africa/Middle East segment decrease of 9% to $363.6M, North America segment decrease of 4% to $396.1M. Net income also reflects research and develpoment increase of 19% to $63.8M (expense), Sales.

Equity composition

Common Stock $0.001 Par, Shares auth. and o/s after the offering: 500M auth., 89,702,683 issd. Insiders own approx. 69.00% (after the IPO) IPO:TBA