UBNT: Russia and Ukraine sales

UBNT reported sales to Europe, Middle East and Africa at 42% of its total. If further sanctions against Russia are enacted, it is possible that exports to Russia can be affected. Over the weekend I sent UBNT investor relations a question asking what percent of their revenue come from Russia and Ukraine. Here is the response that I got:

“We do not disclose individual country revenues, but I will say that we sold less than 2% of our revenue into Ukraine and Russia. It should be noted that some distributors outside of those countries do sell into projects in Russia, but the numbers are likely less than the direct numbers.”

I am please that the exposure to Russia nad Ukraine is minimal. I purchased more shares this morning boosting my position in UBNT to 6%.

Chris

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I will say that we sold less than 2% of our revenue into Ukraine and Russia. It should be noted that some distributors outside of those countries do sell into projects in Russia, but the numbers are likely less than the direct numbers.

Great research Chris! Thanks!

Saul

Great info, I pick up another position. Thanks