← Powerfleet, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Revenue | $41.0m |
$53.1m
+29.56%
|
$81.9m
+54.37%
|
$113.6m
+38.67%
|
$126.2m
+11.11%
|
$135.9m
+7.69%
|
$133.7m
-1.60%
|
$362.5m
+171.07%
|
$443.8m
+22.42%
|
$443.8m
0.00%
|
|
| Cost Of Revenue | $20.0m |
$27.3m
+36.12%
|
$43.6m
+59.73%
|
$54.6m
+25.32%
|
$66.0m
+20.98%
|
$70.9m
+7.41%
|
$66.7m
-6.01%
|
$168.0m
+151.99%
|
$197.4m
+17.49%
|
$197.4m
0.00%
|
|
| Gross profit | $20.9m |
$25.8m
+23.28%
|
$38.4m
+48.71%
|
$59.0m
+53.83%
|
$60.2m
+1.98%
|
$64.2m
+6.63%
|
$67.1m
+4.53%
|
$194.5m
+190.02%
|
$246.4m
+26.67%
|
$246.4m
0.00%
|
|
| Net Interest Income | — | — | — | — | — | $1.1m |
($1.5m)
-240.75%
|
($19.4m)
-1194.46%
|
($26.7m)
-37.84%
|
($26.7m)
0.00%
|
|
| Interest Income (Expense), Net | — | — | — | — | — | — | ($1.6m) | — | — | $780k | |
| Research And Development | $4.5m | $6.9m | $8.5m | $10.6m | $11.1m | $8.5m | $8.4m | $16.1m | $18.4m | $18.4m | |
| Marketing and Advertising Expense | — | $996k | $1.2m | $1.0m | $1.2m | $1.1m | $2.3m | $5.0m | $7.6m | — | |
| Amortization of Intangible Assets | — | $712k | $2.0m | $5.3m | $5.2m | $5.1m | $5.6m | $27.6m | $37.0m | — | |
| Restructuring And Mergern Acquisition | — | — | — | — | — | $0 | ($9.0m) | $0 | $0 | $0 | |
| Restructuring and Related Cost, Incurred Cost | — | — | — | — | — | — | — | — | $8.1m | — | |
| Operating Expenses | $25.0m | $31.5m | $48.5m | $62.5m | $68.2m | $72.0m | $79.6m | $220.4m | $226.8m | $226.8m | |
| EBIT | ($7.0m) | ($3.4m) | ($26.1m) | $16.3m | $16.3m | ||||||
| Operating Income | ($4.1m) |
($5.7m)
-40.21%
|
($10.2m)
-77.53%
|
($3.5m)
+66.04%
|
($8.0m)
-130.62%
|
($7.0m)
+12.59%
|
($12.6m)
-80.13%
|
($25.9m)
-106.14%
|
$19.6m
+175.63%
|
$19.6m
0.00%
|
|
| Other Non Operating Income Expenses | — | $165k | $50k | $102k | $8k | $24k | ($29k) | ($1.2m) | ($4.1m) | — | |
| Interest expense | ($342k) | ($173k) | ($948k) | ($4.5m) | ($2.8m) | $994k | ($1.6m) | ($20.3m) | ($27.5m) | $27.5m | |
| Interest income | $253k | $262k | $125k | $55k | $45k | $71k | $103k | $926k | $780k | $780k | |
| Investment Income, Interest | $253k | $262k | $125k | $55k | $45k | $71k | $103k | $926k | $780k | — | |
| Net Non Operating Interest Income Expense | — | — | — | — | — | $1.1m | ($1.5m) | ($19.4m) | ($26.7m) | ($26.7m) | |
| Foreign Currency Transaction Gain (Loss), Realized | — | $77k | $653k | — | — | — | — | — | — | — | |
| Other expense | — | ($165k) | ($50k) | ($102k) | $8k | $24k | ($29k) | ($1.2m) | ($4.1m) | — | |
| Other Income Expense | — | — | — | — | — | $24k | $9.0m | ($1.2m) | ($4.1m) | ($4.1m) | |
| Net loss before income taxes | ($4.2m) | ($5.8m) | ($11.1m) | ($8.0m) | ($10.7m) | ($6.7m) | ($5.1m) | ($46.5m) | ($11.3m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | ($5.1m) | ($10.9m) | ($15.5m) | ($15.0m) | ($10.9m) | ($16.5m) | ($46.9m) | ($41.8m) | ($11.3m) | |
| Pre-Tax Income | — | — | — | — | — | ($5.9m) | ($5.1m) | ($46.5m) | ($11.3m) | ($11.3m) | |
| Income tax expense | $311k | ($5.8m) | $75k | ($1.0m) | ($2.6m) | ($296k) | ($589k) | ($4.5m) | ($8.7m) | $8.7m | |
| Current Income Tax Expense (Benefit) | — | — | — | — | — | $153k | $587k | $6.3m | $10.4m | $8.7m | |
| Net loss before non-controlling interest | ($3.9m) | ($5.8m) | ($11.0m) | ($9.0m) | ($13.3m) | ($7.0m) | ($5.6m) | ($51.0m) | ($19.9m) | — | |
| Net loss | — | ($5.8m) | ($11.0m) | ($9.0m) | ($13.3m) | ($7.0m) | ($5.7m) | ($51.0m) | ($20.6m) | — | |
| Net Income From Continuing And Discontinued Operation | — | — | ($11.0m) | ($9.0m) | ($13.3m) | ($6.8m) | ($5.7m) | ($51.0m) | ($20.6m) | ($20.6m) | |
| Net Income Continuous Operations | — | — | — | — | — | ($6.8m) | ($5.6m) | ($51.0m) | ($19.9m) | ($19.9m) | |
| Net loss attributable to common stockholders | ($3.9m) | ($5.8m) | ($12.0m) | ($13.6m) | ($18.1m) | ($11.9m) | ($17.3m) | ($51.0m) | ($20.6m) | — | |
| Net Income Common Stockholders | — | ($5.8m) | $18k | ($3k) | ($13.3m) |
($16.9m)
-27.11%
|
($17.3m)
-2.46%
|
($51.0m)
-194.75%
|
($20.6m)
+59.71%
|
($20.6m)
0.00%
|
|
| Net loss per share attributable to common stockholders - basic (in dollars per share) | — | — | — | ($0) | ($1) | ($0) | ($0) | ($0) | ($0) | — | |
| Net loss per share attributable to common stockholders - diluted (in dollars per share) | ($0) | ($0) | ($1) | ($0) | ($1) | ($0) | ($0) | ($0) | ($0) | — | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($3.9m) |
($5.8m)
-50.18%
|
($12.0m)
-107.28%
|
($13.6m)
-12.94%
|
($18.1m)
-32.82%
|
($11.9m)
+34.12%
|
($17.3m)
-45.38%
|
($51.0m)
-194.75%
|
($20.6m)
+59.71%
|
($20.6m)
0.00%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | $18k | ($3k) | ($5k) | $2k | $35k | $18k | $608k | ($20.6m) | |
| Preferred stock dividend | — | — | ($1.1m) | ($4.6m) | ($4.1m) | ($4.2m) | ($4.5m) | ($25k) | $0 | $25k | |
| Otherunder Preferred Stock Dividend | — | — | — | — | — | $5.9m | $7.1m | $0 | $0 | — | |
| Preferred Stock Dividends | — | — | $1.1m | $4.6m | $4.1m | $4.2m | $4.5m | $25k | $0 | $25k | |
| Earnings Per Share, Basic | — | — | — | ($0.46) | ($0.52) | ($0.34) | ($0.49) | ($0.43) | ($0.15) | ($0.15) | |
| Earnings Per Share, Diluted | ($0.26) | ($0.34) | ($0.59) | ($0.46) | ($0.52) | ($0.48) | ($0.49) | ($0.43) | ($0.15) | ($0.15) | |
| Weighted-average common shares outstanding - basic (in shares) | — | — | 18k | (3k) | 35k | 35k | 36k | 119.9m | 133.8m | — | |
| Weighted-average common shares outstanding - diluted (in shares) | — | — | 18k | (3k) | 35k | 35k | 36k | 119.9m | 133.8m | — | |
| Basic Average Shares | — | — | — | — | — | $35.4m | $35.6m | $119.9m | $133.8m | $133.8m | |
| Diluted Average Shares | — | — | — | — | — | $35.4m | $35.6m | $119.9m | $133.8m | $133.8m | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | 34.6m | 35.4m | 36k | 119.9m | 133.8m | 133.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | — | — | 36k | 119.9m | 133.8m | 133.8m | |
| Additional Financial Items | |||||||||||
| (Loss) income from operations | ($4.1m) | ($5.7m) | ($10.2m) | ($3.5m) | ($8.0m) | ($7.8m) | ($12.6m) | ($25.9m) | $19.6m | — | |
| Bargain purchase - Movingdots | — | — | — | — | — | — | $9.0m | $0 | $0 | — | |
| Non-controlling interest | — | — | $18k | $3k | $5k | ($2k) | ($35k) | ($18k) | ($608k) | — | |
| Accretion of preferred stock | — | — | ($168k) | ($672k) | ($672k) | ($671k) | ($7.1m) | $0 | $0 | — | |
| Diluted EPS | — | — | — | ($0) | ($1) | ($0.34) | ($0.49) | ($0.43) | ($0.15) | ($0.15) | |
| Diluted NI Availto Com Stockholders | — | ($5.8m) | $18k | ($3k) | ($13.3m) | ($16.9m) | ($17.3m) | ($51.0m) | ($20.6m) | ($20.6m) | |
| Minority Interests | — | — | $18k | $3k | $5k | ($2k) | ($35k) | ($18k) | ($608k) | ($608k) | |
| Normalized EBITDA | — | — | — | — | — | $1.3m | ($3.0m) | $21.4m | $76.5m | $76.5m | |
| Normalized Income | — | — | — | — | — | ($6.8m) | ($12.8m) | ($51.0m) | ($20.6m) | ($20.6m) | |
| Reconciled Depreciation | — | — | — | — | — | $8.3m | $9.4m | $47.5m | $60.3m | $60.3m | |
| Selling General And Administration | $20.5m | $24.7m | $34.9m | $51.9m | $57.1m | $63.5m | $71.3m | $204.4m | $208.5m | — | |
| Special Income Charges | — | — | — | — | — | $0 | $9.0m | $0 | $0 | $0 | |
| Tax Effect Of Unusual Items | — | — | — | — | — | $0 | $1.9m | $0 | $0 | $0 | |
| Tax Provision | — | — | — | — | — | $870k | $589k | $4.5m | $8.7m | $8.7m | |
| Tax Rate For Calcs | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Capitalized Computer Software, Amortization | — | — | — | — | — | — | — | $5.7m | $4.6m | — | |
| Depreciation, Depletion and Amortization, Nonproduction | — | $849k | $1.4m | $3.1m | $3.4m | $3.2m | $3.9m | $19.9m | $23.3m | — | |
| Income (Loss) Attributable to Parent, before Tax | — | — | ($18k) | ($3k) | — | — | — | — | — | — | |
| Business Combination, Acquisition Related Costs | — | — | $5.1m | — | — | — | — | — | — | — | |
| Total Unusual Items | — | — | — | — | — | $0 | $9.0m | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | ($5.8m) | ($11.0m) | — | — | — | — | — | — | — | |
| Total Expenses | — | — | — | — | — | $142.9m | $146.3m | $388.4m | $424.2m | $424.2m |