UTSI · Utstarcom Holdings Corp. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $8.98M | $10.88M | $15.75M | $14.05M | $15.92M | $24.31M |
| Cost of Revenue | $7.93M | $7.97M | $11.36M | $11.38M | $17.00M | $20.78M |
| Gross Profit | $1.05M | $2.91M | $4.39M | $2.67M | ($1.07M) | $3.53M |
| R&D | $4.64M | $5.08M | $5.88M | $4.76M | $6.89M | $8.08M |
| SG&A | - | - | - | - | - | $18.69M |
| Total Operating Expenses | $9.61M | $10.24M | $11.20M | $7.05M | $4.24M | $26.77M |
| D&A | $207.0K | $275.0K | $230.0K | $206.0K | $372.0K | $572.0K |
| Operating Income | ($8.56M) | ($7.33M) | ($6.81M) | ($4.39M) | ($5.32M) | ($23.24M) |
| Interest Expense | - | - | - | - | - | $10.0K |
| Income Tax | $1.62M | $683.0K | $1.27M | $2.06M | $3.29M | ($1.78M) |
| Net Income | ($7.95M) | ($4.37M) | ($3.85M) | ($5.00M) | ($5.83M) | ($23.68M) |
| EPS - Basic | ($0.87) | ($0.48) | ($0.42) | ($0.55) | ($0.64) | ($2.64) |
| EPS - Diluted | ($0.87) | ($0.48) | ($0.42) | ($0.55) | ($0.64) | ($2.64) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $33.81M | $43.91M | $49.97M | $54.52M | $53.80M | $34.22M |
| Accounts Receivable | - | $4.85M | $8.38M | $11.87M | $27.45M | $49.62M |
| Inventory | $1.32M | $1.94M | $795.0K | $1.27M | $1.54M | $6.70M |
| Accounts Payable | $4.17M | $7.01M | $7.96M | $12.97M | $19.03M | $25.12M |
| Current Assets | $51.55M | $63.07M | $70.60M | $81.80M | $97.79M | $109.91M |
| Total Assets | $55.91M | $68.20M | $77.48M | $89.23M | $108.28M | $118.72M |
| Current Liabilities | $18.01M | $21.53M | $23.39M | $28.85M | $35.43M | $40.04M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $19.41M | $22.97M | $26.10M | $31.77M | $39.93M | $41.32M |
| Stockholders' Equity | $36.50M | $45.23M | $51.38M | $57.46M | $68.35M | $77.40M |
| Retained Earnings | ($1.27B) | ($1.26B) | ($1.26B) | ($1.25B) | ($1.25B) | ($1.24B) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($8.82M) | ($4.46M) | ($4.48M) | $7.28M | $19.83M | ($3.40M) |
| Investing Cash Flow | ($1.04M) | ($158.0K) | ($255.0K) | ($250.0K) | $1.75M | $1.98M |
| Financing Cash Flow | $0 | $0 | $4.0K | $7.0K | - | ($374.0K) |
| CapEx | $423.0K | $158.0K | $255.0K | $250.0K | $348.0K | $115.0K |
| Free Cash Flow | ($9.24M) | ($4.62M) | ($4.73M) | $7.03M | $19.48M | ($3.52M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 11.7% | 26.7% | 27.9% | 19.0% | -6.8% | 14.5% |
| Operating margin | -95.3% | -67.4% | -43.2% | -31.2% | -33.4% | -95.6% |
| EBITDA margin | -93.0% | -64.9% | -41.8% | -29.8% | -31.1% | -93.3% |
| Net margin | -88.5% | -40.2% | -24.4% | -35.6% | -36.6% | -97.4% |
| Free cash flow margin | -103.0% | -42.4% | -30.0% | 50.0% | 122.4% | -14.5% |
| FCF / Net income | 1.16 | 1.06 | 1.23 | -1.40 | -3.34 | 0.15 |
| R&D / Revenue | 51.7% | 46.7% | 37.3% | 33.9% | 43.3% | 33.2% |
| SG&A / Revenue | - | - | - | - | - | 76.9% |
| Effective tax rate | - | - | - | - | - | - |
| Return on assets | -14.2% | -6.4% | -5.0% | -5.6% | -5.4% | -19.9% |
| Return on equity | -21.8% | -9.7% | -7.5% | -8.7% | -8.5% | -30.6% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 2.86 | 2.93 | 3.02 | 2.84 | 2.76 | 2.74 |
| Quick ratio | 2.79 | 2.84 | 2.98 | 2.79 | 2.72 | 2.58 |
| Cash ratio | 1.88 | 2.04 | 2.14 | 1.89 | 1.52 | 0.85 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | -2324.3x |
| Equity multiplier | 1.53 | 1.51 | 1.51 | 1.55 | 1.58 | 1.53 |
| Liabilities / Assets | 0.35 | 0.34 | 0.34 | 0.36 | 0.37 | 0.35 |
| Efficiency | ||||||
| Asset turnover | 0.16 | 0.16 | 0.20 | 0.16 | 0.15 | 0.20 |
| Inventory turnover | 6.00 | 4.12 | 14.29 | 8.97 | 11.06 | 3.10 |
| Days sales outstanding | - | 163d | 194d | 308d | 629d | 745d |
| Days inventory outstanding | 61d | 89d | 26d | 41d | 33d | 118d |
| Days payable outstanding | 192d | 321d | 256d | 416d | 409d | 441d |
| Cash conversion cycle | - | -70d | -36d | -67d | 254d | 421d |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | 0.6x | 0.6x | 0.6x | 0.6x | 1.8x | 2.6x |
| P / S | 2.6x | 2.4x | 2.0x | 2.3x | 7.9x | 8.1x |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -17.5% | -30.9% | 12.1% | -11.7% | -34.5% | -63.0% |
| Revenue CAGR (3y) | -13.9% | -11.9% | -13.5% | -40.2% | -43.1% | -37.2% |
| Revenue CAGR (5y) | -18.1% | -30.2% | -28.9% | -32.2% | -28.7% | -27.0% |
| Gross profit growth (YoY) | -63.8% | -33.8% | 64.6% | - | - | -85.4% |
| Operating income growth (YoY) | -16.7% | -7.7% | -55.2% | 17.5% | 77.1% | -278.7% |
| Net income growth (YoY) | -82.0% | -13.4% | 23.0% | 14.2% | 75.4% | -505.1% |
| EPS growth (YoY) | -81.3% | -14.3% | 23.6% | 14.1% | 75.8% | -2300.0% |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | -100.3% | 2.5% | - | -63.9% | - | 85.7% |
| FCF CAGR (5y) | - | - | - | 17.7% | 35.9% | - |
| Book value growth (YoY) | -19.3% | -12.0% | -10.6% | -15.9% | -11.7% | -22.0% |
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
-18.30
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
2/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✗ROA improved YoY
- ✗Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Communications Equipment, NEC
Comparing UTSTARCOM HOLDINGS CORP. against the 5 most active filers in the same SIC group.