Theodore O'Neill's questions to uCloudlink Group (UCL) leadership • Q2 2025
Question
Asked about the sustainability of growth in the GlocalMe ecosystem and for details on why product sales were below expectations, specifically inquiring about tariff or geographic impacts.
Answer
The company expects continued strong growth from its three new business lines (IoT, SIM, Life), citing massive growth in monthly active terminals (MAT) and significant R&D investment. The revenue shortfall in Q2 was attributed to a delayed multi-million dollar order from Japan (now expected in Q3) and macroeconomic headwinds affecting U.S. sales, rather than tariffs.