PowerFleet, Inc. (AIOT)

PowerFleet Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	33.63	24.35	19.02	17.68	26.45	18.13
Cash & Short-Term Investments	33.63	24.35	19.02	17.68	26.45	18.13
Cash Growth	76.82%	28.03%	7.59%	-33.16%	45.93%	10.56%
Accounts Receivable	89.57	32.6	34.71	34.86	34	25.61
Receivables	98.58	32.6	34.71	34.86	34	25.61
Inventory	27.99	21.66	22.6	22.27	18.24	12.87
Prepaid Expenses	8.79	2.82	3.9	3.95	4.58	2.98
Restricted Cash	5.01	85.31	0.31	0.31	0.31	0.31
Other Current Assets	0.26	3.05	1.48	2.13	4.32	4.87
Total Current Assets	174.26	169.79	82.03	81.21	87.91	64.77
Property, Plant & Equipment	67.57	20.15	18.58	17.07	18.78	18.5
Goodwill	374.94	83.49	83.49	83.49	83.49	83.34
Other Intangible Assets	263.4	19.65	20.08	22.91	26.12	31.28
Long-Term Deferred Tax Assets	5.77	2.78	3.21	3.31	4.26	12.27
Long-Term Deferred Charges	4.7	-	-	-	0.25	2.23
Other Long-Term Assets	18.04	12.83	10.72	10.08	9.06	7.17
Total Assets	908.67	308.68	218.09	218.06	229.87	219.56
Accounts Payable	41.92	20.03	19.24	14.7	17.75	9.88
Accrued Expenses	37.19	12.02	9.52	9.15	8.72	8.63
Short-Term Debt	30.41	-	10.03	5.71	-	0.28
Current Portion of Long-Term Debt	4.18	1.95	11.06	4.6	6.11	5.3
Current Portion of Leases	4.76	1.79	1.5	2.44	2.64	2.76
Current Unearned Revenue	17.91	5.84	5.67	6.38	6.52	7.34
Other Current Liabilities	7.38	1.97	1.54	1.55	2.54	1.72
Total Current Liabilities	143.75	43.59	58.56	44.53	44.29	35.9
Long-Term Debt	233.75	113.81	-	11.4	18.11	23.18
Long-Term Leases	8.27	5.92	4.91	5.63	7.37	7.05
Long-Term Unearned Revenue	3.95	4.89	4.96	4.43	4.43	6.01
Long-Term Deferred Tax Liabilities	52.46	4.47	4.79	4.9	5.22	10.76
Other Long-Term Liabilities	7.95	7.09	6.96	6.15	5.59	5.39
Total Liabilities	450.13	179.77	80.17	77.04	85.01	88.28
Common Stock	1.34	0.39	0.39	0.38	0.37	0.32
Additional Paid-In Capital	669.49	202.61	212.7	219.06	234.08	206.5
Retained Earnings	-193.35	-154.8	-146.28	-140.81	-134.44	-121.15
Treasury Stock	-11.52	-8.68	-8.65	-8.51	-8.3	-6.86
Comprehensive Income & Other	-7.58	-0.99	-0.62	-1.21	0.39	0.4
Total Common Equity	458.39	38.53	57.54	68.91	92.11	79.21
Minority Interest	0.15	0.11	0.1	0.08	0.09	0.08
Shareholders' Equity	458.54	128.91	137.92	141.01	144.86	131.28
Total Liabilities & Equity	908.67	308.68	218.09	218.06	229.87	219.56
Total Debt	281.38	123.47	27.5	29.78	34.23	38.56
Net Cash (Debt)	-247.74	-99.12	-8.48	-12.1	-7.78	-20.44
Net Cash Per Share	-2.59	-2.77	-0.24	-0.34	-0.23	-0.69
Filing Date Shares Outstanding	132.46	107.52	105.98	35.46	35.46	35.17
Total Common Shares Outstanding	132.44	35.84	35.73	35.46	35.25	30.3
Working Capital	30.51	126.2	23.47	36.68	43.62	28.87
Book Value Per Share	3.46	1.08	1.61	1.94	2.61	2.61
Tangible Book Value	-179.95	-64.61	-46.02	-37.49	-17.5	-35.41
Tangible Book Value Per Share	-1.36	-1.80	-1.29	-1.06	-0.50	-1.17
Machinery	11.41	8.54	8.7	7.7	7.93	7.1
Leasehold Improvements	1.42	1.5	1.42	1.42	1.45	1.35

Source: S&P Capital IQ. Standard template. Financial Sources.