PowerFleet Inc (AIOT)
Market Cap | 490.59M |
Revenue (ttm) | 133.74M |
Net Income (ttm) | -17.31M |
Shares Out | 35.63M |
EPS (ttm) | -0.49 |
PE Ratio | n/a |
Forward PE | 22.83 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 675,675 |
Open | 4.750 |
Previous Close | 4.850 |
Day's Range | 4.530 - 4.785 |
52-Week Range | 1.640 - 5.670 |
Beta | 1.75 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Aug 6, 2024 |
About AIOT
PowerFleet, Inc. provides Internet-of-Things solutions in the United States, Israel, and internationally. The company offers SaaS cloud-based applications data from IoT devices and ecosystem of third-party and partner applications to present actionable information for customers to increase efficiencies, and improve safety and security, as well as increase their profitability in easy-to-understand reports, dashboards, and real-time alerts; and application programming interfaces for additional integrations and development to boost other enterpris... [Read more]
Financial Performance
In 2023, PowerFleet's revenue was $133.74 million, a decrease of -1.60% compared to the previous year's $135.91 million. Losses were -$17.31 million, 2.46% more than in 2022.
Financial numbers in USD Financial StatementsNews
![](https://cdn.snapi.dev/images/v1/b/q/press1-2489881.jpg)
Powerfleet to attend Northland Capital Markets Growth Conference 2024
WOODCLIFF LAKE, N.J., June 21, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, ...
![](https://cdn.snapi.dev/images/v1/s/1/press5-2487790.jpg)
IMC Logistics, LLC Deploys Powerfleet's Unity Platform
Leveraging Unity has harmonized disconnected data sources and provided real-time visibility of marine drayage assets across North America WOODCLIFF LAKE, N.J. , June 20, 2024 /PRNewswire/ -- Powerflee...
![](https://cdn.snapi.dev/images/v1/i/j/press15-2477526.jpg)
Frazier Healthcare Partners Adds Three New Team Members to Its Center of Excellence
SEATTLE--(BUSINESS WIRE)--Frazier Healthcare Partners, a leading private equity firm focused exclusively on the healthcare industry, is pleased to announce the additions of three experienced professio...
![](https://cdn.snapi.dev/images/v1/i/9/press13-2470849.jpg)
Powerfleet Set to Join Russell 2000® Index
Ticker Symbol Changing to AIOT with July 1 st Market Open WOODCLIFF LAKE, N.J. , June 10, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) today announced that they are set to join the small-cap R...
![](https://cdn.snapi.dev/images/v1/q/f/press3-2457704.jpg)
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PowerFleet, Inc. - PWFL
NEW YORK, NY / ACCESSWIRE / June 1, 2024 / Pomerantz LLP is investigating claims on behalf of investors of PowerFleet, Inc. ("PowerFleet" or the "Company") (NASDAQ:PWFL). Such investors are advised to...
![](https://cdn.snapi.dev/images/v1/x/q/conf7-2445245.jpg)
Powerfleet to Present at Spring 2024 Conferences
WOODCLIFF LAKE, N.J. , May 23, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, ...
![](https://cdn.snapi.dev/images/v1/q/t/press8-2434549.jpg)
Inaugural Customer Awards Debuted at Powerfleet's Heartbeat Conference
The recipients were recognized this week at the company's annual customer conference for their exemplary innovation and business transformation in their respective fields WOODCLIFF LAKE, N.J. , May 16...
![](https://cdn.snapi.dev/images/v1/y/9/press6-2422955.jpg)
Powerfleet Announces Change of Fiscal Year End
Files 10-K for the Year Ended December 31, 2023 Reiterates Revenue and Adjusted EBITDA Guidance for Twelve Months Ended March 31, 2024 WOODCLIFF LAKE, N.J. , May 9, 2024 /PRNewswire/ -- Powerfleet, In...
![](https://cdn.snapi.dev/images/v1/t/f/press6-2399528.jpg)
Powerfleet Appoints Andrew Martin to Board of Directors
WOODCLIFF LAKE, N.J. , April 30, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) today announced that Andrew Martin of Private Capital Management, LLC ("PCM"), one of the company's largest shareh...
![](https://cdn.snapi.dev/images/v1/p/i/press8-2373336.jpg)
Powerfleet to Host Virtual Analyst and Investor Fireside Chat on April 30, 2024
WOODCLIFF LAKE, N.J. , April 16, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) will host a virtual fireside chat for analysts and shareholders 30 days into the business combination with MiX Tel...
![](https://cdn.snapi.dev/images/v1/s/f/press1-2362868.jpg)
Powerfleet Selected as an Artificial Intelligence Excellence Awards Finalist
Unity Platform Celebrated for its Innovative AIoT Capabilities WOODCLIFF LAKE, N.J. , April 9, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) today was announced as a finalist by the Business In...
![](https://cdn.snapi.dev/images/v1/4/o/press3-2359524.jpg)
POWERFLEET ANNOUNCES RESTATEMENT OF ACCOUNTING TREATMENT OF LEGACY CONVERTIBLE PREFERRED STOCK INSTRUMENT, WHICH HAS NO ADVERSE IMPACT ON PREVIOUSLY REPORTED REVENUE, CASH FLOW OR ADJUSTED EBITDA
WOODCLIFF LAKE, N.J. , April 5, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) today announced its intention to adjust its historical accounting treatment for the redemption premium associated w...
![](https://cdn.snapi.dev/images/v1/h/f/press16-2351615.jpg)
Powerfleet and MiX Telematics Close Business Combination, Creating New Top-Tier Global AIoT SaaS Provider
A Scaled Day-One Business with Total Revenue of $284 Million, Including $215 Million of Recurring High-Margin SaaS Revenues and Combined Service Gross Margins of 65% Combined Customer Base Begins with...
![](https://cdn.snapi.dev/images/v1/h/g/press12-2319551.jpg)
Powerfleet Reports Full Year 2023 and Fourth Quarter Financial Results
Fourth quarter total revenue of $34.5 million, up 9% YoY (constant currency), posting the best revenue quarter result in six quarters Fourth quarter service revenue increased 16% YoY (constant currenc...
![](https://cdn.snapi.dev/images/v1/p/r/press15-2299921.jpg)
Powerfleet and MiX Telematics Receive Shareholder Approval for Proposed Business Combination
WOODCLIFF LAKE, N.J. , Feb. 28, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) and MiX Telematics Limited (NYSE: MIXT, JSE: MIX) today announced they have received shareholder approval on the pr...
![](https://cdn.snapi.dev/images/v1/r/7/conf15-2295634.jpg)
Powerfleet Sets Fourth Quarter and Full Year 2023 Conference Call for Tuesday, March 12, 2024, at 8:30 a.m. ET
WOODCLIFF LAKE, N.J. , Feb. 27, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) will hold a conference call on Tuesday, March 12, 2024, at 8:30 a.m.
![](https://cdn.snapi.dev/images/v1/p/r/press9-2250490.jpg)
Powerfleet and MiX Telematics Announce Shareholders Meetings to Vote on Proposed Business Combination
Completion of Regulatory Milestones Results in Scheduled Shareholders Meetings WOODCLIFF LAKE, N.J. , Jan. 30, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) and MiX Telematics Limited (NYSE: MI...
![](https://cdn.snapi.dev/images/v1/s/x/press18-2187293.jpg)
Powerfleet Launches AI-Powered Solution to Revolutionize Pedestrian Safety
The Pedestrian Proximity Detection offering meets growing demand to create safer workplaces worldwide WOODCLIFF LAKE, N.J. , Dec. 7, 2023 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) today launched...
![](https://cdn.snapi.dev/images/v1/a/p/press5-2183553.jpg)
Powerfleet Named a Top Innovator by ABI Research
ABI Research released commercial video telematics report recognizing Powerfleet for its innovation WOODCLIFF LAKE, N.J. , Dec. 5, 2023 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) today announced i...
![](https://cdn.snapi.dev/images/v1/n/t/conf4-2176130.jpg)
MiX Telematics and Powerfleet to Present at the Raymond James TMT and Consumer Conference on December 5, 2023
BOCA RATON, Fla. & WOODCLIFF LAKE, N.J.--(BUSINESS WIRE)--MiX Telematics Limited (NYSE: MIXT, JSE: MIX) and Powerfleet (Nasdaq: PWFL) announced that they will be presenting at the Raymond James TMT an...
![](https://cdn.snapi.dev/images/v1/u/c/press1-2149345.jpg)
Powerfleet Reports Third Quarter and Nine Month 2023 Financial Results
Q3 2023 total revenue increased 7% sequentially to $34.2 million, marking the highest revenue performance in four quarters Company's SaaS-centric business model transformation continues at pace with h...
![](https://cdn.snapi.dev/images/v1/j/k/press16-2135931.jpg)
Powerfleet Joins U.S. Department of Transportation Effort to Improve Road Safety
National campaign is aimed at developing solutions to reduce serious injuries and create a future with zero roadway fatalities WOODCLIFF LAKE, N.J. , Nov. 2, 2023 /PRNewswire/ -- Powerfleet, Inc. (Nas...
![](https://cdn.snapi.dev/images/v1/g/q/conf16-2130718.jpg)
Powerfleet Sets Third Quarter 2023 Conference Call for Thursday, November 9, 2023 at 8:30 a.m. ET
WOODCLIFF LAKE, N.J. , Oct. 31, 2023 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL), will hold a conference call on Thursday, November 9, 2023 at 8:30 a.m.
![](https://cdn.snapi.dev/images/v1/p/r/press3-2127981.jpg)
Powerfleet and MiX Telematics to Host Joint Investor Day on November 16, 2023
WOODCLIFF LAKE, N.J. , Oct. 30, 2023 /PRNewswire/ -- PowerFleet, Inc. (Nasdaq: PWFL) and MiX Telematics Limited (NYSE: MIXT, JSE: MIX) will host a joint Investor Day with financial analysts and instit...
![](https://cdn.snapi.dev/images/v1/t/8/press17-2117102.jpg)
Keller North America Delivers on Brand Promise with Powerfleet
Data insights from IoT devices and SaaS platform for fleet management strengthens business operations for world-renowned construction contractor WOODCLIFF LAKE, N.J. , Oct. 24, 2023 /PRNewswire/ -- Ke...