PowerFleet Income Statement

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	432.93	362.52	152.28	133.74	135.91	125.96
Revenue Growth (YoY)	47.95%	138.06%	13.87%	-1.60%	7.90%	10.89%
Cost of Revenue	196.4	167.98	60.03	66.66	70.92	66.21
Gross Profit	236.52	194.54	92.25	67.08	64.99	59.75
Selling, General & Admin	216.42	204.36	81.81	71.25	63.49	56.5
Research & Development	18.53	16.06	-	8.38	8.47	11.43
Other Operating Expenses	234.95	220.42	81.81	79.63	71.96	67.93
Total Operating Expenses	469.9	440.84	163.63	159.27	143.93	135.85
Operating Income	1.57	-25.89	10.43	-12.56	-6.97	-8.17
Interest Income	0.66	0.93	1.14	0.1	0.07	0.05
Interest Expense	-26.26	-20.33	2.35	-1.6	0.99	-2.76
Other Non-Operating Income (Expense)	-2.52	-1.16	-0.18	9.01	0.02	0.01
Total Non-Operating Income (Expense)	-27.37	-20.57	3.31	7.51	1.09	-2.71
Pretax Income	-26	-46.45	9.05	-5.05	-5.88	-10.88
Provision for Income Taxes	-4.32	-4.52	6.47	-0.59	-0.87	-1.89
Net Income	-30.33	-51.01	2.59	-17.31	-16.89	-22.07
Minority Interest in Earnings	-0	-0.02	-	-0.04	-0	0.01
Net Income Attributable to Preferred Dividends	-	-0.03	-	-11.63	-10.14	-9.3
Net Income to Common	-30.33	-51.01	2.59	-17.31	-16.89	-22.07
Shares Outstanding (Basic)	133	120	36	36	35	35
Shares Outstanding (Diluted)	133	120	36	36	35	35
Shares Change (YoY)	39.46%	234.73%	0.52%	0.66%	2.38%	16.39%
EPS (Basic)	-0.23	-0.43	-1.08	-0.49	-0.48	-0.64
EPS (Diluted)	-0.23	-0.43	-1.08	-0.49	-0.48	-0.64
Shares Outstanding	134.04	133.32	37.21	37.23	36.17	35.88
Free Cash Flow	12.87	-23.35	6.72	0.93	-2.76	-7.79
Free Cash Flow Growth	-	-	619.83%	-	-	-
Free Cash Flow Per Share	0.10	-0.19	0.19	0.03	-0.08	-0.23
Gross Margin	54.63%	53.66%	60.58%	50.16%	47.82%	47.44%
Operating Margin	0.36%	-7.14%	6.85%	-9.39%	-5.13%	-6.49%
Profit Margin	-7.00%	-14.06%	1.70%	-4.22%	-4.97%	-10.14%
FCF Margin	2.97%	-6.44%	4.41%	0.70%	-2.03%	-6.18%
EBITDA	63.71	21.61	36.78	-3.11	1.29	0.38
EBITDA Margin	14.72%	5.96%	24.15%	-2.33%	0.95%	0.30%
EBIT	1.57	-25.89	10.43	-12.56	-6.97	-8.17
EBIT Margin	0.36%	-7.14%	6.85%	-9.39%	-5.13%	-6.49%
Effective Tax Rate	16.61%	9.72%	71.44%	11.66%	14.79%	17.35%

Updated Feb 9, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q