PowerFleet Balance Sheet

Financials in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	33.73	56.6	7.62
Cash & Short-Term Investments	33.73	56.6	7.62
Cash Growth	-40.41%	642.65%	-
Accounts Receivable	885.77	890.65	273.05
Other Receivables	227.58	98.37	47.94
Receivables	1,113	989.02	320.99
Inventory	3,722	3,007	1,015
Prepaid Expenses	30.91	7.54	1.09
Other Current Assets	131.91	183.08	112.76
Total Current Assets	5,032	4,243	1,457
Property, Plant & Equipment	8,826	5,283	3,922
Long-Term Investments	5.43	1.26	-
Other Intangible Assets	128.32	99.56	13.26
Long-Term Deferred Tax Assets	2,902	600.7	446.42
Long-Term Deferred Charges	605.12	190.56	41.38
Other Long-Term Assets	5.7	5.27	0.53
Total Assets	17,504	10,423	5,881
Accounts Payable	1,792	1,232	847.09
Accrued Expenses	110.52	39.6	16.71
Short-Term Debt	-	-	750.06
Current Portion of Long-Term Debt	993.37	913.99	1,882
Current Unearned Revenue	1,555	1,712	51.01
Other Current Liabilities	26.61	17.69	0.73
Total Current Liabilities	4,478	3,915	3,548
Long-Term Debt	4,976	3,547	428.72
Pension & Post-Retirement Benefits	8.78	8.27	1.39
Total Liabilities	9,462	7,471	3,978
Common Stock	375.3	375.3	375.3
Retained Earnings	4,592	1,148	313.5
Comprehensive Income & Other	3,074	1,429	1,214
Shareholders' Equity	8,042	2,952	1,902
Total Liabilities & Equity	17,504	10,423	5,881
Total Debt	5,969	4,461	3,061
Net Cash (Debt)	-5,936	-4,405	-3,054
Net Cash Per Share	-15.82	-11.74	-8.14
Filing Date Shares Outstanding	375.3	375.3	375.3
Total Common Shares Outstanding	375.3	375.3	375.3
Working Capital	554.35	327.33	-2,091
Book Value Per Share	21.43	7.87	5.07
Tangible Book Value	7,913	2,853	1,889
Tangible Book Value Per Share	21.09	7.60	5.03
Land	239.42	152.07	108.41
Buildings	4,348	2,513	1,791
Machinery	5,925	3,409	2,216
Construction In Progress	243.73	2.57	100.39

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.