KORE

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KORE Group Holdings, Inc.

Recurring revenue Sells to businessesTags from an AI model reading the company description.

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KORE Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$268.45M	$276.61M	$286.09M	$285.94M
Cost of Revenue	$129.15M	$128.56M	$126.16M	$128.01M
Gross Profit	$139.29M	$148.05M	$159.93M	$157.93M
Selling, General & Admin	$112.09M	$130.19M	$140.64M	$115.53M
Operating Expenses	$166.59M	$188.55M	$196.86M	$170.42M
Operating Income	-$27.30M	-$40.50M	-$36.93M	-$12.49M
EBITDA	-$28.07M	-$67.27M	-$41.99M	$45.02M
Pretax Income	-$116.62M	-$171.20M	-$152.01M	-$64.56M
Income Tax	-$10.42M	-$4.16M	-$5.94M	-$1.58M
Net Income	-$106.20M	-$167.04M	-$146.08M	-$62.98M
Diluted EPS	-6.95	-9.97	-7.59	-3.19
Diluted Shares	15.14M	16.76M	19.25M	19.72M

KORE Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$34.65M	$27.14M	$19.41M	$26.73M
Receivables	$46.77M	$54.53M	$45.63M	$49.96M
Inventory	$10.05M	$8.21M	$6.65M	$3.17M
Current Assets	$103.22M	$101.99M	$79.96M	$85.92M
Total Assets	$688.68M	$586.98M	$455.83M	$410.55M
Current Liabilities	$48.84M	$71.97M	$66.09M	$72.00M
Long-Term Debt	$413.91M	$296.11M	$295.66M	$295.24M
Total Debt	$430.46M	$309.41M	$307.22M	$298.95M
Total Liabilities	$508.01M	$550.01M	$555.43M	$574.33M
Retained Earnings	-$248.24M	-$415.28M	-$561.36M	-$624.33M
Shareholders' Equity	$180.67M	$36.97M	-$99.60M	-$163.78M
Working Capital	$54.38M	$30.02M	$13.87M	$13.92M
Net Debt	$384.61M	$271.38M	$278.10M	$270.36M

KORE Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$16.36M	-$6.42M	$9.12M	$18.49M
Capital Expenditure	-$16.55M	-$20.23M	-$12.67M	-$9.84M
Free Cash Flow	-$189.00K	-$26.65M	-$3.55M	$8.65M
Depreciation & Amortisation	$56.72M	$60.69M	$57.50M	$56.20M
Stock-Based Compensation	$10.30M	$11.25M	$8.48M	$2.10M
Investing Cash Flow	-$62.55M	-$20.23M	-$12.67M	-$9.59M
Financing Cash Flow	-$4.69M	$18.91M	-$3.78M	-$2.07M
Share Repurchases	$0.00	-$2.75M	-$431.00K	$0.00
Net Change in Cash	-$50.88M	-$7.74M	-$7.33M	$6.83M

KORE Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Revenue	$72.14M	$71.25M	$68.69M	$73.86M	$65.82M
Cost of Revenue	$33.02M	$31.91M	$30.74M	$32.34M	$26.70M
Gross Profit	$39.12M	$39.34M	$37.95M	$41.52M	$39.12M
Selling, General & Admin	$27.66M	$30.99M	$28.46M	$28.42M	$30.07M
Operating Expenses	$41.58M	$44.56M	$42.16M	$42.13M	$43.22M
Operating Income	-$2.46M	-$5.22M	-$4.21M	-$601.00K	-$4.11M
EBITDA	$13.09M	$11.42M	$9.95M	$9.26M	-$1.80M
Pretax Income	-$13.80M	-$15.39M	-$17.30M	-$18.07M	-$28.38M
Income Tax	$1.11M	$1.49M	-$4.59M	$415.00K	$74.00K
Net Income	-$14.91M	-$16.88M	-$12.71M	-$18.48M	-$28.46M
Diluted EPS	-0.77	-0.86	-0.64	—	-1.43
Diluted Shares	19.43M	19.58M	19.90M	—	19.97M

KORE Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Cash & Equivalents	$19.66M	$20.96M	$19.29M	$26.73M	$28.92M
Receivables	$47.15M	$44.43M	$49.47M	$49.96M	$43.17M
Inventory	$6.07M	$5.72M	$7.36M	$3.17M	$3.71M
Current Assets	$80.53M	$79.22M	$82.15M	$85.92M	$83.09M
Total Assets	$445.13M	$432.94M	$423.38M	$410.55M	$396.11M
Current Liabilities	$65.35M	$71.62M	$69.11M	$72.00M	$79.28M
Long-Term Debt	$295.53M	$295.42M	$295.32M	$295.24M	$295.11M
Total Debt	$306.97M	$304.68M	$304.32M	$298.95M	$298.72M
Total Liabilities	$560.03M	$566.43M	$569.10M	$574.33M	$587.62M
Retained Earnings	-$576.26M	-$593.14M	-$605.85M	-$624.33M	-$652.79M
Shareholders' Equity	-$114.90M	-$133.49M	-$145.71M	-$163.78M	-$191.50M
Working Capital	$15.18M	$7.60M	$13.04M	$13.92M	$3.82M
Net Debt	$277.72M	$276.31M	$277.89M	$270.36M	$268.04M

KORE Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Operating Cash Flow	$2.85M	$4.13M	$1.06M	$10.45M	$4.71M
Capital Expenditure	-$2.25M	-$2.79M	-$2.19M	-$2.60M	-$1.97M
Free Cash Flow	$597.00K	$1.34M	-$1.13M	$7.84M	$2.74M
Investing Cash Flow	-$2.25M	-$2.54M	-$2.19M	-$2.60M	-$1.97M
Financing Cash Flow	-$512.00K	-$563.00K	-$533.00K	-$460.00K	-$467.00K
Share Repurchases	—	—	—	$0.00	—
Net Change in Cash	$85.00K	$1.02M	-$1.66M	$7.38M	$2.28M

Market Snapshot

About

KORE Group Holdings, Inc. is a global Internet of Things (IoT) platform and solutions provider. The company offers connectivity services, location-based services, device management, and analytics for IoT applications across multiple industries. KORE serves enterprises with mission-critical IoT needs in sectors including healthcare, fleet management, and asset tracking.