Ultralife vs Wallbox
Ultralife is the larger business, with $191m of revenue in fiscal 2025 against $164m for Wallbox (1.2 times as much). Ultralife grew faster (16.2% against -7.5%). Ultralife kept more of each dollar of sales as profit: a net margin of -3.1% against -71.1%.
| Latest fiscal year | UltralifeULBI, 2025 | WallboxWBX, 2025 |
|---|---|---|
| Revenue | $191m | $164m |
| Revenue growth | 16.2% | -7.5% |
| Net income | −$5.9m | −$117m |
| Operating margin | — | -68.4% |
| Net margin | -3.1% | -71.1% |
| Return on equity | -4.5% | — |
| Free cash flow | $7.1m | $10.6m |
| Cash | $9.3m | $5.2m |
| Total debt | $49.7m | $197m |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 678 | — |
| Market value | $260m | $47.4m |
| Price vs our value range | Above our value range | — |
| Moat score | 42 (Weak) | — |
| Insider trades, 12 months | 17 buys, 0 sales | 4 buys, 0 sales |