From chip to cloud

25 years of trendsetting innovation
The u-blox Annual Report 2022

From chip to cloud
25 years of trendsetting innovation

The u-blox Annual Report 2022

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Financial Highlights:

624

Revenue in MCHF

170

EBITDA (adjusted)
in MCHF

131

Operating profit (EBIT)
(adjusted) in MCHF

102

Net profit before minorities
in MCHF

109

Net profit before minorities
(adjusted) in MCHF

49.2

Gross profit margin
(adjusted) in %

117

Operating cash flow
in MCHF

66

Free cash flow
in MCHF

61.6

Equity ratio in %
Annual Results
u-blox solidified its silicon-to-cloud approach by acquiring full ownership of Sapcorda, further distinguishing its market position within the IoT sector, met the component shortage head-on, and delivered growth across its markets during a time of extraordinary challenge for our world.
2022

Letter to our
shareholders

Our strategy

Swiss tradition
from chip to cloud

Innovating
at the market
edge

click left to scroll
click right

Letter to our
shareholders

Our strategy

Swiss tradition
from chip to cloud

Innovating
at the market
edge

click left to scroll
click right to scroll
2022 at a glance:

We launched the world's smallest LTE Cat 1 module

Within two months after launching the world’s smallest Long Term Evolution (LTE) Category (Cat) 1 module with global coverage, over one million units were shipped. LTE Cat 1 provides important features for connected healthcare applications, such as outpatientmonitoring and mobile medical alert systems.

Our new Bluetooth compact indoor positioning boards

ANT-B11 and ANT-B10 launched in 2022, help solve the ongoing indoor location challenge using the angle of arrival (AoA) and the angle of departure (AoD) of a Bluetooth direction finding signal in real-time with sub-meter accuracy, ideal for tracking solutions.

We created the world’s smallest GNSS module

In June 2022, we brought to market the world’s smallest Global Navigation Satellite System (GNSS) module, roughly half the size of competing products. The 4.5 by 4.5-millimeter MIA-M10’s miniature form factor allows developers to design highly compact solutions to design highly compact solutions for a growing market of trackingsolutions, wearables and other consumer devices.

We released the ubxlib GitHub software repository

Launched in June 2022, ubxlib GitHub repository simplifies the development experience by providing a library of software examples for host microcontrollers that make it easy to control u-blox modules for key use cases.

We expanded PointPerfect worldwide

PointPerfect, our advanced GNSS augmentation data service designed from the ground up to be ultra-accurate, ultra-reliable, and ubiquitously available, was expanded worldwide. PointPerfectbrings a proven GNSS augmentation service to themass market for applications such as robotics,last mile delivery and automated driving.

We launched our new pioneering Explorer Kits

Throughout 2022, we released a wide range of full-featured explorer kits combining our unique blend of positioning and connectivity modules and services. The kits demonstrate our solutions capabilities, and support faster time-to-market for new product ideas.